8848 Promontory Rd is a 4,001 square foot house on a 0.52 acre lot with 2 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $574,308.
Single-familyProperty Type
1989Year Built
0.52 acresLot Size
$144Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$574,308
$6,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 0.8% higher than the average sale price ($570K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$6,320 (+0.9%)
$89,300 + $506,500
$595,800
2024
$6,266 (+5.3%)
$89,300 + $467,900
$557,200
2023
$5,951 (+12.1%)
$89,300 + $467,900
$557,200
2022
$5,310 (+14.1%)
$89,300 + $442,700
$532,000
2021
$4,653 (−0.4%)
$65,400 + $336,900
$402,300
2020
$4,672 (+9.9%)
$65,400 + $336,900
$402,300
2019
$4,251 (+0.7%)
$65,400 + $334,300
$399,700
2018
$4,222 (−0.3%)
$65,400 + $348,400
$413,800
2017
$4,236 (+15.8%)
$65,400 + $347,500
$412,900
2016
$3,658 (+3.7%)
$65,400 + $347,500
$412,900
2015
$3,528 (−6.0%)
$65,400 + $290,100
$355,500
2014
$3,752 (+0.7%)
$65,400 + $287,400
$352,800
2013
$3,726
$65,400 + $309,900
$375,300
Tax history for 8848 Promontory Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,320 (+0.9%)
$89,300 + $506,500
$595,800
2024
$6,266 (+5.3%)
$89,300 + $467,900
$557,200
2023
$5,951 (+12.1%)
$89,300 + $467,900
$557,200
2022
$5,310 (+14.1%)
$89,300 + $442,700
$532,000
2021
$4,653 (−0.4%)
$65,400 + $336,900
$402,300
2020
$4,672 (+9.9%)
$65,400 + $336,900
$402,300
2019
$4,251 (+0.7%)
$65,400 + $334,300
$399,700
2018
$4,222 (−0.3%)
$65,400 + $348,400
$413,800
2017
$4,236 (+15.8%)
$65,400 + $347,500
$412,900
2016
$3,658 (+3.7%)
$65,400 + $347,500
$412,900
2015
$3,528 (−6.0%)
$65,400 + $290,100
$355,500
2014
$3,752 (+0.7%)
$65,400 + $287,400
$352,800
2013
$3,726
$65,400 + $309,900
$375,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
DP
METRO
Planned Unit Development
The planned unit development district (D-P) is established for the following
purposes: To encourage a more creative approach in land and building site planning. To encourage and efficient, aesthetic and desirable use of open space. To encourage variety in physical development pattern. To promote street layout and design that increases connectivity in a
neighborhood and improves the directness of routes for vehicles, bicycles, pedestrians, and transit on an open street and multi-modal network providing multiple routes to and from destinations.
To achieve flexibility and incentives for residential, non-residential and mixed-use developments which will create a wider range of housing types as well as amenities to meet the ever changing needs of the community. To encourage renewal of older areas in the metropolitan region where new development and restoration are needed to revitalize areas. To permit special consideration of property with outstanding features, including but not limited to historical significance, unusual topography,
environmentally sensitive areas and landscape amenities. To provide for a comprehensive review and processing of development proposals for developers and the Metropolitan Development Commission by providing for concurrent review of land use, subdivision, public improvements
and siting considerations. To accommodate new site treatments not contemplated in other kinds of
districts.
Zone overlays
Metro Context Area
Property details
Interior
Basement Information
Basement Sq. Ft: 1,044
Basement Finish: Finished
Basement Type: Partial
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 2
# of Bathroom Fixtures: 15
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Brick
Building Type: Single Family
Property Information
Subdivision Name: ADMIRALS POINTE SEC 7
Living Sq. Ft: 4,001
Adjusted Gross Sq. Ft: 4,276
Ground Floor Sq. Ft: 1,405
Building Sq. Ft: 5,134
# of Stories: 2
Legal Description: ADMIRALS POINTE SEC 7 L 172
Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 858
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 22,651
Legal Lot Number: 172
Municipality Name: LAWRENCE,OUTSIDE
Acres: 0.52
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 4,001
Stories: 2.0
Lot Size: 0.52 acres
Style: Single Family Residential
Year Built: 1989
Year Renovated: 1989
County: Marion County
APN: 490115119016000400
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Amy Beverland Elementary School
Public 1-6 • Assigned • 1.0mi
8/10
Belzer Middle School
Public 7-8 • Assigned • 6.3mi
3/10
Lawrence Central High School
Public 9-12 • Assigned • 6.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46236
Average low and high temperatures (°F)
32
17
41
25
60
39
68
47
71
53
82
65
86
70
82
63
81
57
69
46
53
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$546,000 – $661,000
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