7340 Stones River Dr Indianapolis, IN 46259
South Franklin Neighborhood
3
Beds
2
Baths
1,977
Sq Ft
0.33
Acres
Highlights
- Mature Trees
- Ranch Style House
- Wood Flooring
- Franklin Central High School Rated A-
- Cathedral Ceiling
- 2 Car Attached Garage
About This Home
As of June 2025Welcome to this meticulously maintained custom ranch, where quality craftsmanship meets timeless design. From the moment you step inside, you'll notice soaring ceilings and an open layout that creates a sense of space and comfort throughout. The home has been freshly repainted and thoughtfully updated, including modern countertops and new appliances. Radiant heated floors in both the sunroom and primary suite bathroom offer year-round comfort and a touch of luxury. Every room reflects intentional design-from the oversized garage providing extra storage and utility, to the elegant finishes throughout the home. Outside, enjoy your own private retreat: an expansive backyard with mature landscaping, extensive hardscaping, and a beautifully crafted firepit ideal for gatherings or quiet evenings under the stars. A new roof and gutters add to the list of recent upgrades. Set in a peaceful neighborhood, this one-of-a-kind property blends practical features with upscale touches at every turn.
Last Agent to Sell the Property
@properties Brokerage Email: jake@atpropertiesind.com License #RB20000822 Listed on: 05/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,930
Year Built
- Built in 2005
Lot Details
- 0.33 Acre Lot
- Sprinkler System
- Mature Trees
HOA Fees
- $29 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1,977 Sq Ft Home
- Cathedral Ceiling
- Paddle Fans
- Gas Log Fireplace
- Vinyl Clad Windows
- Attic Access Panel
- Fire and Smoke Detector
- Laundry on main level
Kitchen
- Eat-In Kitchen
- Electric Oven
- <<microwave>>
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Outdoor Features
- Fire Pit
- Enclosed Glass Porch
Utilities
- Forced Air Heating System
- Heat Pump System
- Gas Water Heater
Community Details
- Association fees include insurance, maintenance, management, snow removal
- Timberlakes Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Legal Lot and Block 162 / 4
- Assessor Parcel Number 491513109019000300
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2025
Closed on
Jun 13, 2025
Sold by
Kanning Douglas and Kanning Michelle
Bought by
Kendall Dallas and Kendall Virginia
Seller's Agent
Jake Rupp
@properties
Buyer's Agent
Emma Moore
Weichert, REALTORS®
List Price
$386,800
Sold Price
$405,000
Premium/Discount to List
$18,200
4.71%
Views
44
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-43.41%
Original Mortgage
$202,500
Outstanding Balance
$202,500
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$184,466
Purchase Details
Listed on
Aug 17, 2015
Closed on
Oct 13, 2015
Sold by
Cooke John and Cooke Linda
Bought by
Kanning Douglas and Kanning Michelle
Seller's Agent
Colleen Gordon
CENTURY 21 Scheetz
Buyer's Agent
Kathleen Locke
Southern Touch Realty
List Price
$249,900
Sold Price
$252,000
Premium/Discount to List
$2,100
0.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$201,600
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 11, 2012
Closed on
Nov 29, 2012
Sold by
Cook Keith A
Bought by
Cooke John and Cooke Linda
Seller's Agent
Lee Smith
Lee Smith Realty, LLC
Buyer's Agent
Colleen Gordon
CENTURY 21 Scheetz
List Price
$240,000
Sold Price
$223,000
Premium/Discount to List
-$17,000
-7.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$65,000
Interest Rate
3.38%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 11, 2012
Closed on
Nov 16, 2012
Sold by
Cook Keith A
Bought by
Cooke Linda and Cooke John
Seller's Agent
Lee Smith
Lee Smith Realty, LLC
Buyer's Agent
Colleen Gordon
CENTURY 21 Scheetz
List Price
$240,000
Sold Price
$223,000
Premium/Discount to List
-$17,000
-7.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2008
Sold by
Spangler Sheila E
Bought by
Cook Keith A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 17, 2005
Sold by
Princeton Lakes Llc
Bought by
Spangler Sheila E
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Security Title | |
| Warranty Deed | -- | Security Title Services | |
| Warranty Deed | -- | -- | |
| Deed | $223,000 | -- | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $202,500 | New Conventional | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $224,000 | New Conventional | |
| Previous Owner | $25,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $201,600 | New Conventional | |
| Previous Owner | $65,000 | New Conventional | |
| Previous Owner | $149,700 | New Conventional | |
| Previous Owner | $155,700 | New Conventional | |
| Previous Owner | $164,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $105,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Sold | $405,000 | +4.7% | $205 / Sq Ft |
| 05/12/2025 05/12/25 | Pending | -- | -- | -- |
| 05/08/2025 05/08/25 | For Sale | $386,800 | +73.5% | $196 / Sq Ft |
| 03/17/2016 03/17/16 | Off Market | $223,000 | -- | -- |
| 10/13/2015 10/13/15 | Sold | $252,000 | +0.8% | $127 / Sq Ft |
| 09/15/2015 09/15/15 | Pending | -- | -- | -- |
| 08/17/2015 08/17/15 | For Sale | $249,900 | +12.1% | $126 / Sq Ft |
| 11/16/2012 11/16/12 | Sold | $223,000 | -7.1% | $113 / Sq Ft |
| 10/17/2012 10/17/12 | Pending | -- | -- | -- |
| 09/11/2012 09/11/12 | For Sale | $240,000 | -- | $121 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $3,028 | $357,700 | $53,600 | $304,100 |
| 2023 | $3,028 | $290,300 | $53,600 | $236,700 |
| 2022 | $3,053 | $290,300 | $53,600 | $236,700 |
| 2021 | $2,876 | $275,700 | $53,600 | $222,100 |
| 2020 | $2,757 | $264,100 | $53,600 | $210,500 |
| 2019 | $2,615 | $250,200 | $46,400 | $203,800 |
| 2018 | $2,559 | $244,900 | $46,400 | $198,500 |
| 2017 | $2,449 | $234,200 | $46,400 | $187,800 |
| 2016 | $2,483 | $237,900 | $46,400 | $191,500 |
| 2014 | $2,292 | $229,200 | $46,400 | $182,800 |
| 2013 | $2,228 | $226,100 | $46,400 | $179,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jake Rupp
Seller's Agent in 2025
Jake Rupp
@properties
(419) 388-8086
1 in this area
27 Total Sales
-
Emma Moore
Buyer's Agent in 2025
Emma Moore
Weichert, REALTORS®
(812) 374-8584
1 in this area
37 Total Sales
-
Colleen Gordon
Seller's Agent in 2015
Colleen Gordon
CENTURY 21 Scheetz
(317) 501-6493
1 in this area
94 Total Sales
-
K
Buyer's Agent in 2015
Kathleen Locke
Southern Touch Realty
-
Lee Smith
L
Seller's Agent in 2012
Lee Smith
Lee Smith Realty, LLC
(317) 537-7249
5 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22033841
APN: 49-15-13-109-019.000-300
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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