$481,000 - $546,000
RENTED JUL 24, 2025

7843 Tranquility Dr Indianapolis, IN 46259

Galludet Neighborhood
4 Beds
3.5 Baths
4,088 Sq Ft
$125 Price per Sq Ft

Highlights

  • Home fronts a pond
  • Pond View
  • Second Story Great Room
  • Franklin Central High School Rated A-
  • Wood Flooring
  • Breakfast Room

About This Home

As of July 2025

Beautiful home by well known Fischer Homes! Located in the popular Glen Ridge Estates just minutes from Franklin Central High School, vibrant downtown Indianapolis, grocery, restaurants and other neighborhood amenities, this home is a stunner. Step into elegance and comfort with the spacious open concept design with expansive windows that fill the house with plenty of natural light. The state-of-the-art kitchen has upgraded custom cabinets, elegant herringbone style tile backsplash, soft-close drawers, and sleek Whirlpool slide-in appliances that perfectly complement the beautiful quartz countertops. The practical main floor flex room with french doors is ideal for a home office, serene reading nook or it can be used as a creative space. The study room on the main level is a perfect relaxation area with water views. Owners suite features a tray ceiling and en suite with double bowl vanity, separate shower and a walk-in closet. There are three additional good sized bedrooms and a common bath located on second level. A finished basement with wet bar for your entertaining needs. Backyard with serene water views and Mud room for all of your daily storage. This home blends luxury, functionality, and comfort in every detail. Don't miss this gem of a home!

Last Agent to Rent the Property

Divya Narang

F.C. Tucker Company Listed on: 07/07/2025

F.C. Tucker Company

Last Renter's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 10,542 Sq Ft Lot
  • Home fronts a pond

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Pond
  • Neighborhood

Home Design

  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Tray Ceiling
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Second Story Great Room
  • Breakfast Room
  • Wood Flooring
  • Finished Basement
  • Basement Window Egress
  • Attic Access Panel
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Eat-In Galley Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Franklin Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include management
  • Association Phone (317) 875-5600
  • Glen Ridge Estates Subdivision
  • Property managed by Community Management
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Security Deposit $3,200
  • Property Available on 8/4/25
  • Tenant pays for all utilities, electricity, gas, lawncare, sewer, trash collection, water
  • The owner pays for dues mandatory, association fees, taxes
  • $35 Application Fee
  • Legal Lot and Block 491512113005015300 / Section 3 Lot 85
  • Assessor Parcel Number 491512113005015300

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$29 per month

Parking

3

Rental Info

  • Available Date: 2025-08-04
  • Lease Amount: 3200
  • Tenant Pays: All Utilities, Electricity, Gas, Lawncare, Sewer, Trash Collection, Water
  • Min Lease Req: 12
  • Pet Deposit: 300
  • Security Deposit: 3200
  • Smoking: No
  • Application Fee: 35
  • Pet Deposit Refundable Y N: No
  • Pet Rental Amount: 35
  • Security Deposit Refundable Y N: Yes

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Builder Name: Fischer Homes
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2018
  • Building Area Total: 4088
  • Garage Y N: Yes
  • Lot Size Acres: 0.24
  • Subdivision Name: Glen Ridge Estates
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Egress Window(s), Finished
  • Appliances: Gas Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave, Double Oven, Refrigerator
  • Levels: Three Or More
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1342
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Furnished: Unfurnished
  • Interior Amenities: Attic Access, Bath Sinks Double Main, High Ceilings, Tray Ceiling(s), Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Wired for Data, Pantry, Smart Thermostat, Walk-In Closet(s), Wet Bar
  • Living Area: 4088
  • Other Equipment: Smoke Alarm
  • Owner Pays: Dues Mandatory, Association Fees, Taxes
  • Spa Y N: No
  • Areas Interior: Great Room - 2 Story
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1342
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Galley
  • Upper Level Sq Ft: 1404
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Brick, Cement Siding, Vinyl With Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 3200
  • Patio And Porch Features: Covered, Patio
  • Pool Private Y N: No
  • View: Pond, Neighborhood
  • View Y N: Yes
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete, Garage Door Opener
  • Garage Parking Other: Finished Garage,Garage Door Opener
  • Garage Sq Ft: 610

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Upper Level
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Management
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association Phone: 317-875-5600
  • Association YN: Yes
  • Community Features: Suburban
  • Pets Allowed: W/Approval
  • Management Company Name: Community Management
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Management

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 10542
  • Parcel Number: 491512113005015300
  • Acres: <1/4 Acre
  • Price Acre: 13333

Tax Info

  • Tax Annual Amount: 4895.6
  • Tax Block: Section 3 Lot 85
  • Tax Lot: 491512113005015300
  • Semi Annual Property Tax Amt: 2447.8
  • Tax Exemption: None

MLS Schools

  • High School: Franklin Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2018
Sold by
Llc Ashley M and Llc Schmidt
Bought by
Mallikarjuna Cheruvu
Current Estimated Value
$509,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,635
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2017
Source: Public Records

Range of Values:

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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
Mallikarjuna Cheruvu $363,800 --
Cheruvu Mallikarjuna $363,781 Homestead Title
-- $62,000 --
Fischer Homes Indianapolis Lp $62,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheruvu Mallikarjuna $18,653
Open Cheruvu Mallikarjuna $325,573
Closed Cheruvu Mallikarjuna $327,635
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Rented $3,200 0.0% --
07/07/2025 07/07/25 For Rent $3,200 -- --
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 $4,965 $480,600 $37,600 $443,000
2023 $4,965 $487,700 $37,600 $450,100
2022 $4,568 $448,200 $37,600 $410,600
2021 $3,990 $393,800 $37,600 $356,200
2020 $3,668 $348,100 $37,600 $310,500
2019 $3,781 $373,200 $30,600 $342,600
2018 $104 $400 $400 $0
Source: Public Records

Agents Affiliated with this Home

  • Divya Narang

    Landlord's Agent in 2025

    Divya Narang

    F.C. Tucker Company

    (317) 868-4550

    22 Total Sales

    Divya Narang
    Section Image

  • N

    Tenant's Agent in 2025

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22048949

MIBOR Broker Listing Cooperative®

APN: 49-15-12-113-005.015-300

Indiana Marion County Indianapolis 46259 Galludet

7843 Tranquility Dr, Indianapolis, IN

This home is located at 7843 Tranquility Dr, Indianapolis, IN 46259 since 07 July 2025 and is currently priced at $509,037. This property was built in 2018. 7843 Tranquility Dr is a home with nearby schools including Franklin Central High School and Lutheran High School of Indianapolis.

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.

MIBOR Broker Listing Cooperative® 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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