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(SOLD) $1,780,000

4705 Ellery Lane Indianapolis, IN  46250

  • 5 Beds
  • 5 Baths
  • 7,743 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 4705 Ellery Lane Indianapolis, IN 46250

Welcome to luxury living in Sycamore Springs gated community. This 5 bedroom, 4.5 bath home is located on a private, gated cul de sac within the estate section of the neighborhood. This home is the perfect blend of sophistication, comfort, and entertainment-ready spaces. Over $500,000 has been invested in upgrades, repairs, and finishes over the past two years. The main floor, with an abundance of natural light, features an open layout with a great room, formal dining room, and two library/office spaces. The renovated kitchen has refinished cabinetry, quartz countertops, new high-end appliances, and ample storage space. The highlight of the main floor is the spacious sunroom/bonus room that features a gas fireplace, newly renovated bar area, and French doors leading to the stunning backyard, patio, and pool. The primary suite features a sitting room, custom coffee bar, large walk-in closet, gym space, and a spa-like bathroom with heated floors, a steam shower, and a garden tub. Upstairs also includes 3 additional bedrooms, 2 full baths, and a newly renovated laundry room. The home elevator provides convenience and easy access to each floor of the home. The finished basement features a newly renovated theatre room, a wet bar with new appliances, along with the 5th bedroom (with a murphy bed) and full bath. The backyard retreat is perfect for relaxing or entertaining with the newly refinished inground pool, fire pit, impeccable landscaping, all new exterior lighting, and sound system. The home also features a heated 3 car garage with epoxy flooring, and a newly resurfaced driveway. Neighborhood amenities include a community club house, pool, fitness center, and basketball court. Enjoy this prime location that combines exclusivity and privacy with the convenience and proximity to local shopping, dining, and access to 465. Please see supplements for the full list of updates and features, floor plans, and details for the appliances and mechanicals.

Address:4705 Ellery Lane Indianapolis IN 46250
Status:Sold
Sold On: 8/10/2024
Price:$1,780,000
Bedrooms:5 Beds
Bathrooms:4 Full Baths, 1 Half Baths
Sq. Feet:7,743
Year Built:2003
Lot Size:0.71
County: Marion
Township: Washington
MLS #:21977219
Property Type:Single Family Residence

Lot Dimensions:30971
Lot Features:Cul-De-Sac, Mature Trees, Wooded
Water Source:Municipal/City
Directions:From E 82nd St, south on Dean Rd, turn left on Statesmen Dr, turn right on Heyward Dr, left on Ellery Ln, home is on your right
Main Level Sq. Ft. :2,828
Upper Level Sq. Ft. :2,087
Total Sq. Ft. :7,743
Basement:Yes

Loan Price
$11,921
Price And Interest $9,285/month
Property Tax $1,894/month
MTG INS $0/month
HOME INS $742/month
Price
$1,780,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,894/month
Home Owner Insurance
$8,904 / year
HOA Dues
$124 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Home Theatre 23x29 Basement
Bedroom 5 12x12 Basement
Bonus Room 30x22 Main
Bedroom 2 12x16 Upper
Bedroom 3 14x13 Upper
Bedroom 4 14x16 Upper
Primary Bedroom 13x21 Upper
Sitting Room 18x9 Upper
Exercise Room 12x12 Upper
Library 13x13 Main
Dining Room 14x13 Main
Great Room 26x16 Main
Kitchen 18x16 Main
Breakfast Room 18x10 Main

Semi-Annual Property Tax:$11,366
Tax Year:2023
Other Disclosures:Not Applicable
Mandatory HOA Fee:$495
HOA Fee Paid:Quarterly

Area: 4903 - Marion - Washington
Subdivision: Sycamore Springs
Zip Code:46250

Total Sq. Ft.:7,743
Interior Features:Bath Sinks Double Main, Breakfast Bar, Built In Book Shelves, Vaulted Ceiling(s), Center Island, Elevator, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Programmable Thermostat, Screens Complete, Surround Sound Wiring, Walk-in Closet(s), Wet Bar
Interior Area(s):Bath Jack-n-Jill, Great Room - 2 Story
Eating Area(s):Formal Dining Room
Appliances:Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Trash Compactor, Washer, Double Oven, Gas Water Heater, Water Softener Owned
Equipment:Security Alarm Monitored, Theater Equipment, Sump Pump Dual
Exterior Features:Lighting, Outdoor Fire Pit, Sprinkler System
Exterior Type:Cedar, Stone
Fireplace(s):Two Sided, Primary Bedroom, Great Room, Recreation Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Trash Compactor, Washer, Double Oven, Gas Water Heater, Water Softener Owned
Total Rooms:18
EXPLORE TUCKER LUXURY
Sara Eynon, REALTOR®/Broker, F. C. Tucker Company
Sara Eynon
Phone (317) 496-4704
Additional Phone (317) 259-6000
F.C. Tucker Company

Listing provided courtesy of Sara Eynon with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/05/2024 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 2031 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.