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(SOLD) $980,000

7118 Lantern Road Indianapolis, IN  46256

  • 5 Beds
  • 4 Baths
  • 6,793 sq. Ft

Property Description for 7118 Lantern Road Indianapolis, IN 46256

BREATHTAKING WOODED HILLTOP LODGE ON 1.81 ACRES! Very rarely does a home property like this come to market & even fewer with these updates and features! Follow the winding wooded drive to the home & from the moment you pull up, you will see just how special this property is! Enjoy the panoramic views of nature, acres of trees & Mud Creek from large decks on each level & a stunning screened-in porch! Offering nearly 6,800 square feet, this 5 bedroom, 3.5 bath home will captivate you & make you feel like you're in Brown County! The entryway leads to a large great rm w/a soaring 35' ceiling & gorgeous fireplace w/stone from the floor to the ceiling! The main level also offers a beautiful dining rm, recently RECENTLY FULLY UPDATED KITCHEN w/center island, pantry & custom built-in benches, a living rm & the owners suite w/two story ceiling, loft access, large WI closet & luxurious spa bath w/dual vanity & large WI shower! The upper level features a loft (perfect for a bedroom, office, lounge area & more), two secondary bedrooms & full bath! The FINISHED WALKOUT LOWER LEVEL boasts a bar/rec area, family rm w/fireplace, lounge area, 5th bedroom, full bathroom & huge storage rm! Wooded views from literally every room in the home! There is simply nothing on the market today that is remotely close to this property! Although it will feel that you're a million miles away from the hustle and bustle, you're still just a few minutes from Geist Reservoir, shopping, dining, schools, the interstate & so much more!
QuickBuy option for home selling

Address:7118 Lantern Road Indianapolis IN 46256
Status:Sold
Sold On: 6/6/2024
Price:$1,000,000
Bedrooms:5 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:6,793
Year Built:1991
Lot Size:1.81
County: Marion
Township: Lawrence
MLS #:21976976
Property Type:Single Family Residence

Lot Dimensions:78844
Lot Features:Not In Subdivision, Wooded
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :2,802
Upper Level Sq. Ft. :1,268
Total Sq. Ft. :6,793
Basement:Yes

Loan Price
$6,330
Price And Interest $5,112/month
Property Tax $810/month
MTG INS $0/month
HOME INS $408/month
Price
$980,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$810/month
Home Owner Insurance
$4,896 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 18x14 Main
Bedroom 2 23x16 Upper
Bedroom 3 16x11 Upper
Bedroom 4 15x14 Upper
Bedroom 5 17x16 Basement
Kitchen 29x16 Main
Dining Room 16x12 Main
Family Room 25x16 Basement
Guest Room 35x20 Main
Sun Room 19x19 Main
Play Room 31x20 Basement

Semi-Annual Property Tax:$4,862
Tax Year:2023
Mandatory HOA Fee:$

Area: 4904 - Marion - Lawrence
City:Indianapolis
Subdivision: Early Bluffs
Zip Code:46256

Total Sq. Ft.:6,793
Interior Features:Attic Access, Built In Book Shelves, Cathedral Ceiling(s), Hardwood Floors, Pantry, Walk-in Closet(s), Wet Bar
Interior Area(s):Utility Room
Eating Area(s):Formal Dining Room
Appliances:Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Water Purifier, Water Softener Owned
Equipment:Smoke Alarm
Exterior Type:Stone, Wood
Fireplace(s):Basement, Gas Log, Great Room, Recreation Room
Cool:Central Electric
Heat:Dual, Forced Air, Gas
Water Heater:Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Water Purifier, Water Softener Owned
Total Rooms:11
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 Allen Williams with Berkshire Hathaway Home from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/01/2024 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 1119 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.

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