7482 W Us Highway 40 Indianapolis, IN 46229
4
Beds
1.5
Baths
2,688
Sq Ft
0.85
Acres
Highlights
- Updated Kitchen
- 0.85 Acre Lot
- Ranch Style House
- New Palestine Jr High School Rated A-
- Mature Trees
- Wood Flooring
About This Home
As of July 2025Beautiful Bedford Stone Ranch in New Palestine Southern Hancock School District. Welcome Home to this captivating stone ranch that combines timeless charm and quality of construction with modern conveniences. Offering almost 2,700 square feet of living space sitting on nearly a full acre of land, providing the perfect balance of spaciousness and privacy. The home features four bedrooms, 3 on the main level, including a primary suite in the walk out lower level, complemented by one and a half bathrooms. Original hardwood floors newly refinished flow throughout the main level, adding warmth and character that only comes with genuine craftsmanship. One of the property's standout features is the full, partially finished walkout basement, which provides endless possibilities for customization-whether you envision a home theater, fitness area, or additional living space for guests. Step outside to enjoy the oversized covered patio, perfect for entertaining or peaceful evening relaxation. The property offers abundant parking with both an extended two-car garage with rear garage door and a two-car carport, ensuring ample space for vehicles and storage. Recent upgrades include brand new windows with transferable warranty and a newly installed high end HVAC system. The interior has been freshly painted throughout, and the exterior boasts professional landscaping that enhances the home's curb appeal. Truly turn-key and move-in ready! Nature enthusiasts will appreciate the proximity to Buck Creek and the Pennsy Trail for outdoor recreation. And here's the cherry on top-no homeowners association means the freedom to make this property truly your own.New Palestine Schools serve this desirable location, making it an excellent choice for families focusing on education and you are only 10 to 15 minutes to 465 or I70. This beauty won't last long. Schedule your private tour today.
Last Agent to Sell the Property
F.C. Tucker Company License #RB14031503 Listed on: 05/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,530
Year Built
- Built in 1959
Lot Details
- 0.85 Acre Lot
- Mature Trees
Parking
- 2 Car Detached Garage
Home Design
- Ranch Style House
- Block Foundation
- Stone
Interior Spaces
- Wood Flooring
- Attic Access Panel
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Gas Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Laundry in Basement
- Basement Storage
Schools
- Sugar Creek Elementary Sch
- New Palestine Jr High Middle School
- New Palestine Intermediate School
- New Palestine High School
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
- Water Purifier
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 300902200002003015
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2017
Closed on
Jun 30, 2017
Sold by
Martin David N
Bought by
Shannon Reynolds
Seller's Agent
Sherri Keaton
Harrison Real Estate
Buyer's Agent
Megan Ennis
Highgarden Real Estate
List Price
$147,900
Sold Price
$144,000
Premium/Discount to List
-$3,900
-2.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$141,391
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 9, 2005
Sold by
Butcher Donna T
Bought by
Martin David N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.34%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Deed | $144,000 | -- | |
| Warranty Deed | $144,000 | First American Title | |
| Personal Reps Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $134,462 | FHA | |
| Closed | $141,391 | FHA | |
| Previous Owner | $93,900 | New Conventional | |
| Previous Owner | $97,500 | New Conventional | |
| Previous Owner | $78,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $285,000 | +2.2% | $106 / Sq Ft |
| 07/08/2025 07/08/25 | Pending | -- | -- | -- |
| 05/30/2025 05/30/25 | For Sale | $279,000 | +93.8% | $104 / Sq Ft |
| 06/30/2017 06/30/17 | Sold | $144,000 | -2.6% | $54 / Sq Ft |
| 06/01/2017 06/01/17 | For Sale | $147,900 | 0.0% | $55 / Sq Ft |
| 06/01/2017 06/01/17 | Pending | -- | -- | -- |
| 05/12/2017 05/12/17 | For Sale | $147,900 | 0.0% | $55 / Sq Ft |
| 05/01/2017 05/01/17 | Pending | -- | -- | -- |
| 04/26/2017 04/26/17 | For Sale | $147,900 | -- | $55 / 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 | $1,529 | $152,900 | $53,000 | $99,900 |
| 2023 | $1,529 | $141,900 | $53,000 | $88,900 |
| 2022 | $1,445 | $144,500 | $30,900 | $113,600 |
| 2021 | $1,360 | $136,000 | $30,900 | $105,100 |
| 2020 | $1,309 | $130,900 | $30,900 | $100,000 |
| 2019 | $1,345 | $134,500 | $30,900 | $103,600 |
| 2018 | $1,345 | $134,500 | $30,900 | $103,600 |
| 2017 | $1,259 | $125,900 | $30,900 | $95,000 |
| 2016 | $2,454 | $122,700 | $30,900 | $91,800 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2025
Amanda Christians
F.C. Tucker Company
(317) 525-4007
8 in this area
110 Total Sales
-
Seller Co-Listing Agent in 2025
Joshua Ember
F.C. Tucker Company
(317) 418-7176
6 in this area
163 Total Sales
-
Buyer's Agent in 2025
Nicholas Pritt
Level Up Real Estate Group
(317) 747-2768
1 in this area
5 Total Sales
-
S
Seller's Agent in 2017
Sherri Keaton
Harrison Real Estate
-
M
Buyer's Agent in 2017
Megan Ennis
Highgarden Real Estate
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22040481
APN: 30-09-02-200-002.003-015
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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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