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$600,000 (Pending)

8538 Shoal Creek Lane Indianapolis, IN  46234

  • 4 Beds
  • 3 Baths
  • 3,004 sq. Ft

Property Description for 8538 Shoal Creek Lane Indianapolis, IN 46234

Rare Opportunity in The Ridge near Eagle Creek with an amazing WORKSHOP! The open-concept floor plan provides a spacious and inviting atmosphere, perfect for entertaining or everyday living. The main floor features a primary bedroom complete with ensuite, and 2nd bedroom/office, remodeled kitchen with stainless steel appliances, great room with a cozy fireplace, and sunroom. Upstairs, a spacious loft serves as a great secondary living space, along with 3rd and 4th bedrooms and full bath. The workshop connects to an oversized garage and is ready to be transformed into whatever you envision-whether it's a studio, gym, or hobby space AND don't miss upper level space! Step outside to enjoy the changing seasons on the beautiful back deck, complete with a screened-in porch for relaxing evenings. Prime location offers the convenience of being within walking distance to Eagle Creek's parks, trails, and outdoor amenities. Don't miss this rare opportunity to own a gem in The Ridge!

Address:8538 Shoal Creek Lane Indianapolis IN 46234
Status:Pending
on site: 19 days
Price:$600,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:3,004
Year Built:1987
Lot Size:1.62
County: Marion
Township: Pike
MLS #:22006580
Property Type:Single Family Residence

Lot Dimensions:70698
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :2,092
Upper Level Sq. Ft. :912
Total Sq. Ft. :3,004

Loan Price
$3,742
Price And Interest $3,130/month
Property Tax $362/month
MTG INS $0/month
HOME INS $250/month
Price
$600,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$362/month
Home Owner Insurance
$3,000 / year
HOA Dues
$27 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Great Room 21x18 Main
Dining Room 12x11 Main
Kitchen 17x14 Main
Laundry 10x6 Main
Primary Bedroom 15x15 Main
Bedroom 2 15x11 Main
Bedroom 3 16x13 Upper
Bedroom 4 15x12 Upper
Sun Room 20x14 Main
Loft 21x17 Upper
Workshop 31x27 Main

Semi-Annual Property Tax:$2,173
Tax Year:2023
Mandatory HOA Fee:$325
HOA Fee Paid:Annually

Area: 4902 - Marion - Pike
Subdivision: The Ridge
Zip Code:46234

Total Sq. Ft.:3,004
Interior Features:Attic Pull Down Stairs, Cathedral Ceiling(s), Center Island, Hardwood Floors, Eat-in Kitchen, Walk-in Closet(s)
Eating Area(s):Formal Dining Room
Appliances:Electric Cooktop, Dishwasher, Disposal, Gas Water Heater, Humidifier, Microwave, Oven, Refrigerator
Exterior Type:Brick
Fireplace(s):Great Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Electric Cooktop, Dishwasher, Disposal, Gas Water Heater, Humidifier, Microwave, Oven, Refrigerator
Total Rooms:10
Nancee Dowler, REALTOR®/Broker, F. C. Tucker Company
Nancee Dowler
Phone (317) 800-3136
Additional Phone (317) 846-7751
F.C. Tucker Company

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

Based on information submitted to the MLS GRID as of 10/31/2024 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 1096 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.