$137,500
SOLD JUN 23, 2025

7940 Benjamin Dr Indianapolis, IN 46226

3 Beds
2 Baths
1,248 Sq Ft
$365/mo HOA Fee

Recently Sold

$110 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • View of Trees or Woods
  • Vaulted Ceiling
  • Ceramic Tile Flooring
  • Deck
  • Community Pool
  • 3-minute walk to Lawrence Parks Department

About This Home

As of June 2025

This meticulously maintained 3-bedroom, 2-bathroom condominium offers a harmonious blend of comfort, style, and convenience. Spanning 1,248 square feet, the open-concept design seamlessly integrates living, dining, and kitchen areas, creating an inviting space perfect for both relaxation and entertaining especially on the big deck in the back yard. Enjoy maintenance free living as the HOA takes care of exterior maintenance of the building. Unit has a new roof 2 months ago, Sliding back door 2023, Windows in 2022 and A/C and furnace in 2016.

Last Agent to Sell the Property

Timothy Bishop

JF Property Group Brokerage Email: timbishop.realtor@gmail.com Listed on: 05/28/2025

Last Buyer's Agent

Shelby Scott

RE/MAX Advanced Realty License #RB23000134

RE/MAX Advanced Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $400

Year Built

  • Built in 1974

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • Multi-Level Property
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Views of Woods
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Two or More Common Walls
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 490712114020000407
  • Assessor Parcel Number 490712114020000407
  • Seller Concessions Offered

Community Details

Overview

  • Association fees include home owners, insurance, maintenance structure, maintenance, snow removal, trash
  • Franklin Trail Estates Subdivision
  • Property managed by Franklin Trails Estates

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$400

Year Built

Built in 1974

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1974
  • Building Area Total: 1248
  • Garage Y N: No
  • Subdivision Name: Franklin Trail Estates
  • Transaction Type: Sale
  • Website: www.jfpropertygrp.com
  • Accessibility Features YN: No
  • Floor Number: 2
  • Lifestyles: Walk Up,Other/See Remarks
  • Unit Entry Level: 1
  • F H A Certified: Yes
  • MBR_AttributionContact: timbishop.realtor@gmail.com
  • Attribution Contact: timbishop.realtor@gmail.com
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dryer, Microwave, Range Hood, Refrigerator, Washer
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 1248
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 780
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 468

Exterior Features

  • Construction Materials: Wood
  • Foundation Details: Slab
  • Patio And Porch Features: Deck Main Level
  • Pool Private Y N: No
  • View: Trees/Woods
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heating: Electric, Forced Air
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Pool, Insurance, Maintenance, Snow Removal, Trash
  • Association Fee: 365
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Pool
  • Management Company Name: Franklin Trails Estates
  • Condo Description Location: Building Private Entry
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Association Home Owners, Insurance, Maintenance Structure, Maintenance, Snow Removal, Trash

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Parcel Number: 490712114020000407
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 400
  • Tax Lot: 490712114020000407
  • Semi Annual Property Tax Amt: 200
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2025
Closed on
Jun 23, 2025
Sold by
Shafer Daniel and Shafer Kristen
Bought by
Shultz Cayman
Seller's Agent
Timothy Bishop
JF Property Group
Buyer's Agent
Shelby Scott
RE/MAX Advanced Realty
List Price
$135,000
Sold Price
$137,500
Premium/Discount to List
$2,500
1.85%
Views
24
Current Estimated Value
$135,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,896
Avg. Annual Appreciation
-2.69%
Original Mortgage
$128,500
Outstanding Balance
$128,063
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$7,541

Purchase Details

Closed on
Aug 14, 2020
Sold by
Rabin Denise
Bought by
Shafer Daniel and Shafer Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,703
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 26, 2013
Closed on
Jun 14, 2013
Sold by
Tommy A Marshall Llc
Bought by
Rabin Denise
Seller's Agent
Suzanne Roell-Carlson
Smart Choice Realtors, LLC
Buyer's Agent
Suzanne Marks
Carpenter, REALTORS®
List Price
$64,900
Sold Price
$50,000
Premium/Discount to List
-$14,900
-22.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Dec 13, 2012
Sold by
Barnes Barry T
Bought by
T Marshall Enterprises Llc

Purchase Details

Closed on
May 23, 2012
Sold by
Weber Tamera L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 18, 2010
Sold by
Weber Tamera L
Bought by
Franklin Trail Estates Association Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Diaz Anselmo Lindberg Llc
Deed $50,000 --
Deed $30,000 --
Sheriffs Deed $31,500 None Available
Sheriffs Deed $7,620 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,500 New Conventional
Previous Owner $46,703 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2025 06/23/25 Sold $137,500 +1.9% $110 / Sq Ft
06/01/2025 06/01/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $135,000 +170.0% $108 / Sq Ft
06/14/2013 06/14/13 Sold $50,000 -23.0% $40 / Sq Ft View Prior Sale
02/26/2013 02/26/13 For Sale $64,900 -- $52 / 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 $573 $94,200 $15,200 $79,000
2023 $573 $84,600 $15,200 $69,400
2022 $426 $61,000 $15,200 $45,800
2021 $426 $57,500 $15,200 $42,300
2020 $405 $55,600 $15,200 $40,400
2019 $342 $52,200 $15,200 $37,000
2018 $351 $50,100 $15,200 $34,900
2017 $1,014 $49,900 $15,200 $34,700
2016 $1,195 $61,000 $15,200 $45,800
2014 $1,211 $60,500 $15,200 $45,300
2013 $464 $60,500 $15,200 $45,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22041399

MIBOR Broker Listing Cooperative®

APN: 49-07-12-114-020.000-407