PENDING
$16K PRICE DROP
7440 Sylvan Ridge Rd Indianapolis, IN 46240
Clearwater NeighborhoodEstimated payment $2,694/month
Total Views
10,302
3
Beds
2.5
Baths
2,686
Sq Ft
$134
Price per Sq Ft
Highlights
- Fishing
- Waterfront
- Community Lake
- Clearwater Elementary School Rated A-
- Lake Privileges
- Wood Flooring
About This Home
Soak in the beautiful views of the lake from the sunroom in this 3 bedroom, 2.5 bath condo in popular Sylvan Ridge Lakes. Watch the seasons change with the waterfront wall of windows. This unit has a deeded dock allowing you to use a fishing boat, canoe, kayak, or peddle boat right from your back door. The living room and dining room are open to the sunroom creating a feeling of spaciousness. There is an atrium (bonus room) on the main floor that contributes extra light to the interior of this condo. The large en suite primary bedroom has a generous walk in closet. But the true gem of this home is the view from the sunroom, primary bedroom and deck. Right across the street is the community pool, tennis court, and pickleball court. The neighborhood is very walkable and adjacent to Sylvan Ridge, a beautiful walking neighborhood. Close to Glendale, Castleton, and Keystone Crossing, all with lots of Restaurants and other amenities, just a few minutes away. Come and check it out today.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,520
Year Built
- Built in 1980
HOA Fees
- $495 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Patio Home
- Concrete Perimeter Foundation
- Cedar
- Stone
Interior Spaces
- 1-Story Property
- Gas Log Fireplace
- Living Room with Fireplace
- Water Views
- Basement
- Laundry in Basement
- Pull Down Stairs to Attic
Kitchen
- Eat-In Kitchen
- Electric Oven
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Parquet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Schools
- Clearwater Elementary School
- Eastwood Middle School
- North Central High School
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
- Water Purifier
Additional Features
- Lake Privileges
- Waterfront
Listing and Financial Details
- Legal Lot and Block 28 / H
- Assessor Parcel Number 490229117052000800
Community Details
Overview
- Association fees include ground maintenance, maintenance structure, pickleball court, management, snow removal, tennis court(s)
- Association Phone (317) 545-0105
- Sylvan Ridge Lakes Subdivision
- Property managed by Communitas
- Community Lake
Recreation
- Tennis Courts
- Community Pool
- Fishing
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 | $3,838 | $297,300 | $65,800 | $231,500 |
| 2023 | $3,838 | $297,300 | $65,800 | $231,500 |
| 2022 | $3,624 | $267,500 | $65,500 | $202,000 |
| 2021 | $3,506 | $256,600 | $29,100 | $227,500 |
| 2020 | $3,264 | $252,600 | $29,000 | $223,600 |
| 2019 | $2,815 | $232,000 | $28,900 | $203,100 |
| 2018 | $2,733 | $230,500 | $28,900 | $201,600 |
| 2017 | $2,377 | $202,900 | $28,600 | $174,300 |
| 2016 | $2,151 | $195,700 | $28,600 | $167,100 |
| 2014 | $1,881 | $195,600 | $28,500 | $167,100 |
| 2013 | $1,837 | $175,100 | $28,300 | $146,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | Pending | -- | -- | -- |
| 06/13/2025 06/13/25 | Price Changed | $359,000 | -4.3% | $134 / Sq Ft |
| 05/16/2025 05/16/25 | For Sale | $375,000 | -- | $140 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $45,000 | New Conventional |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22038612
APN: 49-02-29-117-052.000-800
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