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$695,000 ↑$20,000on 11/18/2024

  • 3 Beds
  • 4 Baths
  • 4,556 sq. Ft

Property Description for 8043 Lynch Lane Indianapolis, IN 46250

Updated cape cod with charming elevation on one of the most desirable streets in popular, gated Sycamore Springs! Living room off entry with vaulted ceiling, fireplace and built-in bookshelves. Main floor primary suite with custom closet and spacious bath with double sinks and jacuzzi tub. Remodeled kitchen features solid surface countertops and Dacor refrigerator and opens to great room with fireplace. Upstairs offers plenty of room for guests with two bedrooms and full bath as well as a large bonus room over the garage (perfect for a spacious office or hobby area). Family room with projector and screen for watching movies and sporting events plus ample storage space in finished lower level. Sunroom on main floor opens on both sides to large wrapround Trex deck (added by current owner). Sonos sound system. Updated Hardiplank siding on exterior in 2024. Home is available for immediate occupancy. Neighborhood amenities include pool and clubhouse with exercise area! Convenient location with easy access to shopping!

Address:8043 Lynch Lane Indianapolis IN 46250
Status:Active
on site: 2 days
Price:$695,000
Bedrooms:3 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:4,556
Year Built:1998
Lot Size:0.19
County: Marion
Township: Washington
MLS #:22009056
Property Type:Single Family Residence

Lot Dimensions:8146
Lot Features:Sidewalks, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:From 86th and Dean Road go south on Dean to Statesmen, then east on Statesmen to Lynch, then south to home. Please note that Sycamore Springs only allows parking on one side of the street.
Main Level Sq. Ft. :2,891
Upper Level Sq. Ft. :839
Total Sq. Ft. :4,556
Basement:Yes

Loan Price
$4,549
Price And Interest $3,625/month
Property Tax $634/month
MTG INS $0/month
HOME INS $290/month
Price
$695,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$634/month
Home Owner Insurance
$3,480 / year
HOA Dues
$298 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/18/24 $675,000 $695,000 2.96%

RoomSizeLevel
Primary Bedroom 18x13 Main
Bonus Room 21x14 Upper
Kitchen 13x10 Main
Living Room 22x14 Main
Bedroom 2 16x13 Upper
Bedroom 3 12x12 Upper
Office 16x12 Main
Great Room 18x18 Main
Breakfast Room 15x14 Main
Family Room 23x19 Basement
Laundry 09x08 Main
Exercise Room 23x19 Basement
Sun Room 14x13 Main

Semi-Annual Property Tax:$3,802
Tax Year:2024
Other Disclosures:Sales Disclosure On File
Mandatory HOA Fee:$1,190
HOA Fee Paid:Quarterly

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

Total Sq. Ft.:4,556
Interior Features:Attic Access, Bath Sinks Double Main, Breakfast Bar, Built In Book Shelves, Vaulted Ceiling(s), Center Island, Entrance Foyer, Paddle Fan, Hardwood Floors, Eat-in Kitchen, Pantry, Surround Sound Wiring, Walk-in Closet(s), Windows Thermal, Wood Work Painted
Interior Area(s):Living Room Formal
Eating Area(s):Breakfast Room
Appliances:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Washer, Water Softener Owned
Equipment:Security Alarm Paid, Smoke Alarm, Sump Pump Dual, Sump Pump w/Backup
Exterior Features:Sprinkler System
Exterior Type:Brick, Cement Siding
Fireplace(s):Gas Log, Gas Starter, Great Room, Living Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Washer, Water Softener Owned
Total Rooms:13
John Stewart, REALTOR®/Broker, F. C. Tucker Company
John Stewart
Phone (317) 496-4033
Additional Phone (317) 843-7766
F.C. Tucker Company
Shannon McNulty Everly, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Shannon McNulty Everly
(317) 418-2888
Stewart Real Estate Team

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

Based on information submitted to the MLS GRID as of 11/14/2024 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 2095 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.