NOT LISTED FOR SALE

7401 Spring Mill Rd Indianapolis, IN 46260

Estimated Value: $426,000 - $467,582

3 Beds
2.5 Baths
1,913 Sq Ft
$232/Sq Ft Est. Value

Last Sold June 10, 2025

Last sale price $430,000 $225 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,674/month

8 Days on Market

Highlights

  • Updated Kitchen
  • Midcentury Modern Architecture
  • Wood Flooring
  • North Central High School Rated A-
  • Mature Trees
  • Corner Lot

About This Home

As of June 2025

OPPORTUNITY KNOCKS! All limestone, mid-century modern, three bedroom, 2.5 bath RANCH! This terrific home is set on a great lot with plenty of space to expand, or update the existing floor plan. It is on .7 acre lot, in Meridian Hills neighborhood already has city water and sewer connections, Home has a masonry fireplace, hardwoods, oversized 2 car garage, mature trees, and a patio. Mid-century features of corner windows, front door, tiled full bath floors are in excellent condition.....easy to show and find your vision for this home!

Last Agent to Sell the Property

Alice Steppe

Real Broker, LLC Brokerage Email: asteppe@alicesteppe.com License #RB14034953 Listed on: 05/20/2025

Last Buyer's Agent

Jonathan Eriksen

Circle Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,918

Year Built

  • Built in 1952

Lot Details

  • 0.7 Acre Lot
  • Corner Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Ranch Style House
  • Block Foundation
  • Stone

Interior Spaces

  • 1,913 Sq Ft Home
  • Built-in Bookshelves
  • Woodwork
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Aluminum Window Frames
  • Window Screens
  • Entrance Foyer
  • Living Room with Fireplace
  • Attic Access Panel
  • Security System Owned

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven
  • Electric Cooktop
  • Down Draft Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Sink Near Laundry
  • Washer and Dryer Hookup

Schools

  • Spring Mill Elementary School
  • Westlane Middle School
  • North Central High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Suburban Location

Community Details

  • No Home Owners Association
  • S J Kagans Meridian Hills Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 490326119004000820
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,918

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern, Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1952
  • Building Area Total: 1913
  • Garage Y N: Yes
  • Lot Size Acres: 0.7
  • Subdivision Name: S J Kagans Meridian Hills
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: asteppe@alicesteppe.com
  • Attribution Contact: asteppe@alicesteppe.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Down Draft, Disposal, Gas Water Heater, Oven
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Masonry, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Built In Book Shelves, Entrance Foyer, Hardwood Floors, Eat-in Kitchen, Pantry, Screens Some, Window Metal, WoodWorkStain/Painted
  • Living Area: 1913
  • Other Equipment: Security Alarm Paid
  • Spa Y N: No
  • Areas Interior: Laundry in Unit,Living Room Formal
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1913
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Stone
  • Direction Faces: South
  • Foundation Details: Block, Full
  • Patio And Porch Features: Open Patio
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Parking Other: Finished Garage,Garage Door Opener,Keyless Entry,Service Door

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Connections All, Main Level, Sink
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Street Lights, Suburban

Schools

  • Middle Or Junior School: Westlane Middle School

Lot Info

  • Lot Features: Corner Lot, Street Lights, Suburb, Mature Trees
  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 30274
  • Parcel Number: 490326119004000820
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2918
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 1459

MLS Schools

  • Elementary School: Spring Mill Elementary School
  • High School: North Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2025
Closed on
Jun 9, 2025
Sold by
Kinnaman Steven D and Rader Lisa A
Bought by
Fellenzer Michael W
Seller's Agent
Alice Steppe
Real Broker, LLC
Buyer's Agent
Jonathan Eriksen
Circle Real Estate
List Price
$499,900
Sold Price
$430,000
Premium/Discount to List
-$69,900
-13.98%
Views
42
Current Estimated Value
$443,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,896
Avg. Annual Appreciation
6.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fellenzer Michael W -- First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2025 06/10/25 Sold $430,000 -14.0% $225 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $499,900 -- $261 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

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 $4,107 $342,600 $157,800 $184,800
2023 $3,888 $329,300 $157,800 $171,500
2022 $3,094 $341,100 $157,800 $183,300
2021 $2,852 $234,100 $72,600 $161,500
2020 $3,089 $255,200 $72,600 $182,600
2019 $2,480 $228,400 $72,600 $155,800
2018 $2,504 $233,300 $72,600 $160,700
2017 $2,326 $224,600 $72,600 $152,000
2016 $2,118 $218,000 $72,600 $145,400
2014 $3,385 $336,700 $72,600 $264,100
2013 $2,766 $278,000 $72,600 $205,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22039327

MIBOR Broker Listing Cooperative®

APN: 49-03-26-119-004.000-820