
7248 Tarragon Ln Indianapolis, IN 46237
South Perry NeighborhoodEstimated payment $2,303/month
Highlights
- Mature Trees
- Separate Formal Living Room
- 2 Car Attached Garage
- Cathedral Ceiling
- Corner Lot
- Woodwork
About This Home
Located in popular McFarland Farms, this gorgeous home sits on a fenced generous lot and is close to shopping, restaurants and interstate. The great room invites relaxation and conversation, featuring a vaulted ceiling that amplifies the sense of space. Kitchen looks out over the large yard and features a center island providing ample workspace, shaker cabinets, stainless steel appliances and a new backsplash adding a stylish accent. Natural light pours through the open concept layout. Living room offers a second living space and features a woodburning fireplace and is a perfect space for a cozy evening. Retreat to the primary bedroom, where a fully remodeled ensuite bathroom offers a private oasis with built in shelving and a walk in tiled shower. Beyond the main living areas, this property offers 4 bedrooms and a total of 2.5 bathrooms. A shed provides storage solutions for outdoor equipment and tools. New windows with a lifetime warranty that can be transferred to new owners. New water softener, lighting, fresh paint, Nest and ring components-all you need to do is move in!
Listing Agent
Keller Williams Indy Metro S License #RB14046761 Listed on: 07/20/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,458
Year Built
- Built in 1989
Lot Details
- 0.3 Acre Lot
- Corner Lot
- Mature Trees
HOA Fees
- $38 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Slab Foundation
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Woodwork
- Cathedral Ceiling
- Entrance Foyer
- Family Room with Fireplace
- Separate Formal Living Room
- Ceramic Tile Flooring
- Attic Access Panel
- Laundry on main level
Kitchen
- Electric Oven
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Home Security
- Security System Owned
- Fire and Smoke Detector
Outdoor Features
- Shed
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- Association fees include home owners, insurance, maintenance, parkplayground, management, snow removal
- Association Phone (317) 541-0000
- Mcfarland Farms Subdivision
- Property managed by OMNI Management Services, Inc.
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Legal Lot and Block 51 / 1
- Assessor Parcel Number 491516102050000500
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 | $4,123 | $344,700 | $38,500 | $306,200 |
2023 | $4,123 | $314,700 | $38,500 | $276,200 |
2022 | $3,803 | $284,600 | $38,500 | $246,100 |
2021 | $3,319 | $245,700 | $38,500 | $207,200 |
2020 | $3,007 | $222,100 | $38,500 | $183,600 |
2019 | $2,997 | $220,300 | $27,700 | $192,600 |
2018 | $2,609 | $194,700 | $27,700 | $167,000 |
2017 | $2,518 | $188,100 | $27,700 | $160,400 |
2016 | $2,464 | $184,100 | $27,700 | $156,400 |
2014 | $2,171 | $181,900 | $27,700 | $154,200 |
2013 | $2,037 | $171,100 | $27,700 | $143,400 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/24/2025 07/24/25 | Pending | -- | -- | -- |
07/20/2025 07/20/25 | For Sale | $350,000 | +47.7% | $138 / Sq Ft |
07/17/2020 07/17/20 | Sold | $237,000 | -1.2% | $94 / Sq Ft |
06/08/2020 06/08/20 | Pending | -- | -- | -- |
06/05/2020 06/05/20 | For Sale | $239,900 | 0.0% | $95 / Sq Ft |
05/15/2020 05/15/20 | Pending | -- | -- | -- |
04/16/2020 04/16/20 | Price Changed | $239,900 | -2.0% | $95 / Sq Ft |
04/04/2020 04/04/20 | For Sale | $244,900 | +42.4% | $97 / Sq Ft |
10/10/2014 10/10/14 | Sold | $172,000 | -1.7% | $74 / Sq Ft |
09/05/2014 09/05/14 | For Sale | $175,000 | 0.0% | $75 / Sq Ft |
09/03/2014 09/03/14 | Pending | -- | -- | -- |
06/13/2014 06/13/14 | Price Changed | $175,000 | 0.0% | $75 / Sq Ft |
06/07/2014 06/07/14 | Price Changed | $174,999 | 0.0% | $75 / Sq Ft |
05/16/2014 05/16/14 | For Sale | $175,000 | -- | $75 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Fidelity National Title | |
Warranty Deed | -- | Chicago Title Company Llc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $189,600 | Construction | |
Previous Owner | $163,400 | New Conventional | |
Previous Owner | $147,089 | FHA |
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Source: MIBOR Broker Listing Cooperative®
MLS Number: 22051856

APN: 49-15-16-102-050.000-500
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