7140 Lakeland Trails Blvd Indianapolis, IN 46259
South Franklin NeighborhoodEstimated payment $2,417/month
Highlights
- Mature Trees
- 2 Car Attached Garage
- Walk-In Closet
- Franklin Central High School Rated A-
- Woodwork
- Laundry Room
About This Home
ONLY IF I HAD A DOLLAR FOR EVERY TIME A BUYER SAID TO ME "Please find me a 3000 SF home, on a large lot, with a basement, in a GREAT neighborhood, for under 400,000!" Impossible?!?! I think not! This Princeton Homes (J. Gregg Allen) 2 story home has 4 spacious bedrooms / 2.5 baths / Eat-in Kit / Family Room/ Formal DR / AND a large partially finished basement!!! Absolutely perfect for entertaining/ and or the kids "hangout." Located in one of Franklin Township's most desirable existing neighborhoods--Lakeland Trails! The lot is to die for! Great patio and backyard area on this 1/3 acre lot, with space, space, space between you and your neighbors! Enough talking! Schedule your showings today!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,600
Year Built
- Built in 2009
Lot Details
- 0.3 Acre Lot
- Mature Trees
HOA Fees
- $32 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Concrete Perimeter Foundation
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Woodwork
- Paddle Fans
- Utility Room
- Fire and Smoke Detector
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl Plank
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on upper level
Basement
- 9 Foot Basement Ceiling Height
- Basement Window Egress
Schools
- Franklin Central Junior High
- Franklin Central High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- Association fees include home owners, parkplayground, management, snow removal
- Association Phone (317) 558-5398
- Lakeland Trails Subdivision
- Property managed by Kirkpatrick Management Company
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Legal Lot and Block 139 / 4
- Assessor Parcel Number 491513124002000300
Map
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 | $3,508 | $362,800 | $52,300 | $310,500 |
| 2023 | $3,508 | $340,200 | $52,300 | $287,900 |
| 2022 | $3,539 | $340,200 | $52,300 | $287,900 |
| 2021 | $3,027 | $292,500 | $52,300 | $240,200 |
| 2020 | $2,838 | $273,900 | $52,300 | $221,600 |
| 2019 | $2,833 | $273,600 | $33,400 | $240,200 |
| 2018 | $2,621 | $252,700 | $33,400 | $219,300 |
| 2017 | $2,566 | $247,400 | $33,400 | $214,000 |
| 2016 | $2,550 | $246,000 | $33,400 | $212,600 |
| 2014 | $2,387 | $238,700 | $33,400 | $205,300 |
| 2013 | $2,440 | $257,500 | $33,400 | $224,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | Price Changed | $394,900 | -1.3% | $140 / Sq Ft |
| 07/11/2025 07/11/25 | Price Changed | $399,900 | -1.2% | $141 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $404,900 | -1.2% | $143 / Sq Ft |
| 06/02/2025 06/02/25 | For Sale | $409,900 | +5.1% | $145 / Sq Ft |
| 06/04/2024 06/04/24 | Sold | $389,900 | 0.0% | $138 / Sq Ft |
| 04/28/2024 04/28/24 | Pending | -- | -- | -- |
| 04/21/2024 04/21/24 | Price Changed | $389,900 | -4.3% | $138 / Sq Ft |
| 04/18/2024 04/18/24 | Price Changed | $407,500 | -1.8% | $144 / Sq Ft |
| 04/11/2024 04/11/24 | For Sale | $414,900 | -- | $147 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $389,900 | Chicago Title | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $335,673 | FHA | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $107,750 | New Conventional | |
| Previous Owner | $173,700 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22037432
APN: 49-15-13-124-002.000-300
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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