7039 Lantern Rd Indianapolis, IN 46256
I-69 Fall Creek NeighborhoodEstimated payment $3,048/month
Total Views
1,552
3
Beds
4
Baths
3,589
Sq Ft
$134
Price per Sq Ft
Highlights
- Popular Property
- Mature Trees
- 2 Fireplaces
- 1.01 Acre Lot
- Ranch Style House
- Corner Lot
About This Home
Original Show Home in Lantern Hills. Discover timeless style and classic comfort in this rare mid-century modern brick ranch, ideally situated on a wooded, sweeping 1 acre lot in sought-after Lantern Hills. Offering nearly 2,400 square feet of living space, this 3-bedroom, 2.5-bath gem blends vintage charm with thoughtful layout-and is move-in ready or waiting for your personal touch. No showings until Sunday August 10 Enter the home through the front door flanked by stained glass sidelites. Step into a spacious, 26 foot great room centered around a properly placed fireplace, perfect for gathering or relaxing in style. The formal dining room invites traditional family-style meals, while the cozy breakfast nook provides the perfect morning retreat. The kitchen and living spaces flow to an enclosed patio that overlooks lush, lovingly landscaped gardens and a private, fenced backyard oasis. The primary suite includes a versatile sitting room-ideal as a home office, nursery, or quiet reading nook. Downstairs, enjoy a 1,200 square foot finished lower-level space with a second fireplace set in a handsome stone hearth-perfect for recreation, entertaining, or a home theater. Additional features include a recently resurfaced asphalt driveway, a newer roof, and a layout that invites both everyday comfort and entertaining. Whether you're drawn to the architectural appeal or looking to add your own style, this classic Lantern Hills ranch is a rare opportunity in a beloved neighborhood.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,042
Year Built
- Built in 1961
Lot Details
- 1.01 Acre Lot
- Corner Lot
- Mature Trees
Parking
- 2 Car Attached Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2 Fireplaces
- Ceramic Tile Flooring
- Pull Down Stairs to Attic
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Sump Pump
- Laundry in Basement
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Additional Features
- Enclosed Glass Porch
- Suburban Location
Community Details
- No Home Owners Association
- Lantern Hills Subdivision
Listing and Financial Details
- Legal Lot and Block 116 / 1st
- Assessor Parcel Number 490130101001000400
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,121 | $457,800 | $84,600 | $373,200 |
| 2023 | $5,121 | $436,800 | $84,600 | $352,200 |
| 2022 | $4,779 | $404,200 | $84,600 | $319,600 |
| 2021 | $4,496 | $369,600 | $47,400 | $322,200 |
| 2020 | $3,870 | $310,900 | $47,400 | $263,500 |
| 2019 | $3,335 | $301,600 | $47,400 | $254,200 |
| 2018 | $3,373 | $305,100 | $47,400 | $257,700 |
| 2017 | $3,199 | $288,900 | $47,400 | $241,500 |
| 2016 | $3,111 | $281,300 | $47,400 | $233,900 |
| 2014 | $2,664 | $256,700 | $47,400 | $209,300 |
| 2013 | $2,647 | $254,800 | $47,400 | $207,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2025 08/09/25 | For Sale | $480,000 | -- | $134 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $275,000 | Construction |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22047892
APN: 49-01-30-101-001.000-400
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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