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(SOLD) $563,000

12438 Old Stone Drive Indianapolis, IN  46236

  • 4 Beds
  • 4 Baths
  • 4,411 sq. Ft

Property Description for 12438 Old Stone Drive Indianapolis, IN 46236

Nestled in the heart of Admirals Bay, this enchanting single-family home offers a perfect blend of modern upgrades and classic charm. With 4 bedrooms, 4 bathrooms, and 4411 square feet of living space, this meticulously maintained residence is ideal for those seeking a peaceful retreat close to Geist Reservoir complete with an oversized 22x30ft boat garage with 10 ft tall garage door, gone are the days of paying to store your prized boat outside in the elements all winter long. As you step through the inviting front entrance with 2 story ceilings, you are greeted by a light-filled dining room adorned with beautiful bamboo floors. Next you will find a cozy Quadra Fire Mount Vernon Cast Iron pellet stove, creating a warm and welcoming ambiance for gatherings with family and friends. The Living room seamlessly flows into the gourmet kitchen, where you'll find professional stainless steel appliances, quartz countertops, a giant refrigerator and freezer and a butlers pantry with additional sink and microwave and tons of storage. The spacious master suite boasts a luxurious en-suite bathroom and a walk-in closet, providing a private sanctuary for relaxation and rejuvenation. The additional bedrooms offer flexibility for a growing family, home office, or guest accommodations, ensuring everyone has their own space to call their own. Step outside to the beautifully landscaped backyard oasis, where you can unwind on the deck, sit by the fire pit, or simply bask in the tranquility of your screened in porch. The expansive yard is perfect for outdoor entertaining, gardening, or play, offering endless possibilities for outdoor enjoyment. Conveniently located near local schools, Geist Reservoir, Daniel's Vineyard, as well as multiple area parks, this home provides easy access to everything you need for a comfortable lifestyle. Don't miss this rare opportunity to own a piece of paradise in this sought-after neighborhood!
QuickBuy option for home selling

Address:12438 Old Stone Drive Indianapolis IN 46236
Status:Sold
Sold On: 8/15/2024
Price:$575,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths, 2 Half Baths
Sq. Feet:4,411
Year Built:1993
Lot Size:0.40
County: Marion
Township: Lawrence
MLS #:21974094
Property Type:Single Family Residence

Lot Dimensions:17424
Lot Features:Curbs, Sidewalks, Storm Sewer, Street Lights
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,357
Upper Level Sq. Ft. :1,697
Total Sq. Ft. :4,411
Basement:Yes

Loan Price
$3,705
Price And Interest $2,937/month
Property Tax $533/month
MTG INS $0/month
HOME INS $235/month
Price
$563,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$533/month
Home Owner Insurance
$2,820 / year
HOA Dues
$42 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 14x12 Main
Kitchen 15x12 Main
Primary Bedroom 17x12 Upper
Bedroom 2 11x10 Upper
Bedroom 3 14x11 Upper
Bedroom 4 22x12 Upper

Semi-Annual Property Tax:$3,196
Tax Year:2023
Other Disclosures:None
Mandatory HOA Fee:$500
HOA Fee Paid:Annually

Area: 4904 - Marion - Lawrence
Subdivision: Admirals Bay
Zip Code:46236

Total Sq. Ft.:4,411
Interior Features:Attic Access, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Pantry, Programmable Thermostat, Screens Complete, Windows Vinyl
Interior Area(s):Laundry in Unit
Eating Area(s):Formal Dining Room
Appliances:Gas Cooktop, Dishwasher, Down Draft, Disposal, Kitchen Exhaust, Microwave, Oven, Convection Oven, Gas Oven, Refrigerator, Free-Standing Freezer
Equipment:Smoke Alarm, Sump Pump, Sump Pump w/Backup
Exterior Features:Outdoor Fire Pit
Exterior Type:Brick
Fuel:No Fuel Source
Fireplace(s):Blower Fan, Insert
Cool:Central Electric
Heat:Gas
Water Heater:Gas Cooktop, Dishwasher, Down Draft, Disposal, Kitchen Exhaust, Microwave, Oven, Convection Oven, Gas Oven, Refrigerator, Free-Standing Freezer
Total Rooms:15
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Jason Lawrence with United Real Estate Indpls from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/29/2024 12:00 AM. 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.





Indianapolis Market Report

109
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,194.02. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 68 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 896 minutes ago.

At the moment we have 105 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $45,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2112.74 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.