$178,500
$15K PRICE DROP

7642 Lancer Ln Indianapolis, IN 46226

Estimated payment $1,525/month

Total Views 11,569
2 Beds
2 Baths
1,177 Sq Ft
$152 Price per Sq Ft

Highlights

  • Outdoor Pool
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Clubhouse
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

Brand New Vinyl Flooring in this newly Painted 2 Bedrooms and 2 Full Bathrooms Fantastic Condo! Fully equipped with Oven, Microwave, Refrigerator! Lovely community with a fantastic Clubhouse and super Swimming Pool! Very conveniently located close to 465 North and South, Fort Harrison State Park and restaurants. No need to exhaust yourself with outdoors chores because your HOA takes care of your lawn mowing, trash removal and snow shoveling in the common areas. Your Water and Sewage is also PAID BY YOUR HOA! This beautiful condo is ready for you to make it your HOME!

Listing Agent

Kathy Bond

Bond Realty Team License #RB14035572 Listed on: 05/14/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 1974

HOA Fees

  • $433 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Patio Lot
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,177 Sq Ft Home
  • Vaulted Ceiling
  • Paddle Fans
  • Great Room with Fireplace
  • Family or Dining Combination
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Outdoor Pool
  • Fence Around Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 490712102036000407

Community Details

Overview

  • Association fees include sewer, insurance, lawncare, snow removal, trash
  • Association Phone (317) 558-5352
  • The Arbors Horizontal Property Regime Subdivision
  • Property managed by Kirkpatrick Management

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,466

Year Built

Built in 1974

Lot Details

0

HOA Fees

$433 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1974
  • Building Area Total: 1177
  • Garage Y N: Yes
  • Subdivision Name: The Arbors Horizontal Property Regime
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Garden/Patio/Zero Lot
  • F H A Certified: No
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, High Ceilings, Vaulted Ceiling(s), Paddle Fan, Hi-Speed Internet Availbl
  • Living Area: 1177
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1177
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Common Wall Agreement
  • Fencing: Privacy
  • Foundation Details: Slab
  • List Price: 178500
  • Pool Features: Fenced, Outdoor Pool, In Ground
  • Pool Private Y N: Yes
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Sq Ft: 483

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Heat Pump
  • Laundry Features: In Unit
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: None, Pool
  • Association Fee: 433
  • Association Fee Frequency: Monthly
  • Association Phone: 317-558-5352
  • Association YN: Yes
  • Community Features: Clubhouse
  • Management Company Name: Kirkpatrick Management
  • H O A Disclosures: Transfer Fee
  • Condo Description Location: Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Sewer, Insurance, Lawncare, Snow Removal, Trash

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Parcel Number: 490712102036000407
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1466
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 733
  • Tax Exemption: Homestead Tax Exemption

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,276 $136,700 $19,900 $116,800
2023 $1,276 $128,700 $19,800 $108,900
2022 $1,135 $111,200 $19,600 $91,600
2021 $1,066 $102,400 $19,500 $82,900
2020 $927 $93,400 $19,300 $74,100
2019 $795 $90,900 $19,200 $71,700
2018 $774 $88,700 $19,200 $69,500
2017 $527 $71,200 $19,000 $52,200
2016 $507 $68,900 $18,900 $50,000
2014 $859 $103,400 $19,300 $84,100
2013 $876 $103,400 $19,300 $84,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 For Sale $178,500 0.0% $152 / Sq Ft
07/06/2025 07/06/25 Off Market $178,500 -- --
06/26/2025 06/26/25 For Sale $178,500 0.0% $152 / Sq Ft
06/24/2025 06/24/25 Off Market $178,500 -- --
06/24/2025 06/24/25 For Sale $178,500 0.0% $152 / Sq Ft
06/22/2025 06/22/25 Off Market $178,500 -- --
05/28/2025 05/28/25 Price Changed $178,500 -7.8% $152 / Sq Ft
05/14/2025 05/14/25 For Sale $193,500 +1038.2% $164 / Sq Ft
04/09/2015 04/09/15 Sold $17,000 -65.3% $14 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
12/11/2014 12/11/14 Price Changed $48,960 -20.0% $42 / Sq Ft
11/10/2014 11/10/14 Price Changed $61,200 -10.0% $52 / Sq Ft
08/25/2014 08/25/14 For Sale $68,000 -- $58 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- Indiana Title Network Compan
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $70,597 None Available
Deed $70,598 Feiwell & Hannoy
Special Warranty Deed -- Statewide Title Co Inc
Sheriffs Deed $93,663 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $64,153 FHA
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22037698

MIBOR Broker Listing Cooperative®

APN: 49-07-12-102-036.000-407