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$820,000

7093 Republic Lane Indianapolis, IN  46259

  • 4 Beds
  • 5 Baths
  • 5,293 sq. Ft

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Property Description for 7093 Republic Lane Indianapolis, IN 46259

Welcome to your dream home in the prestigious neighborhood of Franklin Trace where elegance and modern luxury meet. This stunning 4-bedroom with potential of a 5th bedroom, 4.5-bath custom built home offers everything you could ever want. The heart of this home features a gourmet kitchen with beautifully crafted cabinetry perfect for your culinary creations. Adjacent to the kitchen is a spacious laundry room offering additional storage and functionality. You will enjoy relaxing in the sun-drenched sunroom which overlooks the pond. The massive lower level is an entertainment paradise with endless possibilities. It is equipped with a built-in entertainment center, TV, and theatre seating that is ideal for movie nights. The bar area makes entertaining effortless! The family room, with its cozy gas fireplace is perfect for board games and family time. The outdoor area is an oasis that is awaiting you and your guests. It offers a full-size basketball court featuring premium Goalrilla goals, paver patio, a gas fire pit and an 8-person hot tub. This beautiful area is ready for gatherings and relaxation. This house is not just a home; it embodies a lifestyle, offering unparalleled amenities and gorgeous design, ideal for those who value comfort, style, and entertainment. Don't miss this amazing opportunity. Schedule your private showing today and step into your dream life.
QuickBuy option for home selling

Address:7093 Republic Lane Indianapolis IN 46259
Status:Active
on site: 3 days
Price:$820,000
Bedrooms:4 Beds
Bathrooms:4 Full Baths, 1 Half Baths
Sq. Feet:5,293
Year Built:2000
Lot Size:0.49
County: Marion
Township: Franklin
MLS #:22011993
Property Type:Single Family Residence

Lot Dimensions:21160
Lot Features:Cul-De-Sac, Sidewalks
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,596
Upper Level Sq. Ft. :1,053
Total Sq. Ft. :5,293
Basement:Yes

Loan Price
$4,996
Price And Interest $4,278/month
Property Tax $376/month
MTG INS $0/month
HOME INS $342/month
Price
$820,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$376/month
Home Owner Insurance
$4,104 / year
HOA Dues
$57 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 20x19 Main
Dining Room 17x16 Main
Kitchen 13x13 Main
Primary Bedroom 15x14 Main
Bedroom 2 12x12 Main
Bedroom 3 15x12 Main
Bedroom 4 23x11 Upper
Bonus Room 25x19 Upper
Sun Room 16x12 Main
Office 12x12 Main
Laundry 20x8 Main

Semi-Annual Property Tax:$2,258
Tax Year:2023
Mandatory HOA Fee:$685
HOA Fee Paid:Annually

Area: 4906 - Marion - Franklin
Subdivision: Franklin Parke Estates
Zip Code:46259

High School:Franklin Central High School
Middle School:Franklin Central Junior High
Elementary School:Bunker Hill Elementary School

Total Sq. Ft.:5,293
Interior Features:Attic Access, Attic Stairway, Bath Sinks Double Main, Breakfast Bar, Built In Book Shelves, Cathedral Ceiling(s), Tray Ceiling(s), Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Programmable Thermostat, Screens Complete, Walk-in Closet(s), Wet Bar, Windows Vinyl, Wood Work Painted
Eating Area(s):Other Eating Area
Appliances:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned
Equipment:Sump Pump Dual
Exterior Features:Basketball Court, Gas Grill, Outdoor Fire Pit
Exterior Type:Brick
Fireplace(s):Gas Log, Living Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned
Total Rooms:10
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Tricia Kincaid with Indianapolis Homes Realty Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/21/2024 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

116
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 1060 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.