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(SOLD) $875,000

8181 Spring Mill Road Indianapolis, IN  46260

  • 3 Beds
  • 3 Baths
  • 3,847 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 8181 Spring Mill Road Indianapolis, IN 46260

This special property is best described as a retreat with 1 acre of picturesque paradise on a wooded lot with specimen trees. The stellar location provides privacy & natural beauty. This micro-neighborhood has 3 important homes on big lots with a private road & common entry. This discreet enclave is close to shopping and schools. The home is a beautiful brick ranch in an area of premier homes. The home is casually elegant with large windows in every room that maintain a connection with the landscaped yards. The fully updated gourmet kitchen is the heart of the home and features granite countertops & high-quality appliances. It is an awesome space for entertaining or just family-friendly cooking. Breakfast room has outstanding built-in glass front cabinets. The large north addition built in 2000 is not reflected in the property record card. The excellent floor plan has generously proportioned rooms. The main bedroom suite includes double closets with an eye popping 18x9 bathroom with a separate tub and shower and two seven-foot wide counter/sink areas. The home has a 1st-floor laundry room and a home office. There is a large finished basement family room. The living room has a beautiful horizontal stone fireplace with gas logs, a wall of windows, and a sliding door to the two-tiered back deck. The 19x14 upper deck hosts a dining table, grill, and patio furniture. The 17x13 lower deck has a fire pit & lounge chairs evening entertaining or quiet contemplation. These decks give a feeling of floating in the surrounding natural landscaping of trees, plants, and bushes. The attached 24x26 2-car garage and comfortably accommodates work benches, potting area, and storage cabinets. The house has 200 amp service with whole house surge protection and a generator ready transfer switch. A 220 volt outlet is installed for EV charging. A 30-page prospectus in PDF is available with sellers' disclosures, survey, floor plans, taxes, etc.

Address:8181 Spring Mill Road Indianapolis IN 46260
Status:Sold
Sold On: 7/26/2024
Price:$900,000
Bedrooms:3 Beds
Bathrooms:3 Full Baths
Sq. Feet:3,847
Year Built:1958
Lot Size:1.07
County: Marion
Township: Washington
MLS #:21978049
Property Type:Single Family Residence

Lot Dimensions:46478
Lot Features:Access, Corner Lot, Cul-De-Sac, Not In Subdivision, Suburb, Mature Trees
Water Source:Municipal/City
Directions:West 86th Street, south on Spring Mill Rd. Just past Spring Mill Elementary turn left into driveway opposite Round Hill Rd with black metal fencing with 2 brick entry columns. House on left with circular drive
Main Level Sq. Ft. :3,009
Total Sq. Ft. :3,847
Basement:Yes

Loan Price
$5,854
Price And Interest $4,564/month
Property Tax $925/month
MTG INS $0/month
HOME INS $365/month
Price
$875,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$925/month
Home Owner Insurance
$4,380 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 16x15 Main
Dining Room 20x14 Main
Kitchen 18x16 Main
Laundry 6x6 Main
Bedroom 3 13x13 Main
Bedroom 2 18x11 Main
Office 12x08 Main
Breakfast Room 09x05 Main
Foyer 13x07 Main
Bonus Room 10x06 Main
Living Room 21x19 Main
Bonus Room 12x06 Main
Family Room 25x17 Basement
Utility Room 11x08 Basement

Semi-Annual Property Tax:$5,548
Tax Year:2024
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
Subdivision: No Subdivision
Zip Code:46260

Total Sq. Ft.:3,847
Interior Features:Attic Pull Down Stairs, Bath Sinks Double Main, Center Island, Entrance Foyer, Hi-Speed Internet Availbl, Eat-in Kitchen, Walk-in Closet(s), Windows Wood, Wood Work Painted
Interior Area(s):Bedroom Other on Main, Living Room Formal
Eating Area(s):Formal Dining Room, Separate Room, Other Eating Area
Appliances:Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned
Equipment:Smoke Alarm, Sump Pump, Sump Pump w/Backup
Exterior Features:Barn Storage, Outdoor Fire Pit
Exterior Type:Brick
Fireplace(s):Gas Log, Living Room, Masonry
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned
Total Rooms:12
EXPLORE TUCKER LUXURY
Eric Baiz, REALTOR®/Broker, F. C. Tucker Company
Eric Baiz
Phone (317) 626-6364
Additional Phone (317) 259-6000
F.C. Tucker Company

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

Based on information submitted to the MLS GRID as of 05/20/2024 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 1786 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.