5423 Mesa Verde Drive

Indianapolis, IN
$ 320,000 Beds 4 Baths 2.5 Sq 1,933
Monthly Estimate* How much can I afford?

BEST VALUE in Franklin Township! This beautiful 4-bedroom home combines flexible living space with an impressive list of recent improvements. The open-concept main floor features a welcoming living room with fireplace, dining area, and versatile flex room ideal for a home office, den, playroom, or guest space. Newer LVP flooring flows throughout the main level, while all-new carpeting was installed upstairs in July 2026. Looking for a yard that is the envy of the neighborhood? You've found it! Buyers will appreciate the massive backyard shaded by mature trees, complete with a new privacy fence (2025) and large patio perfect for relaxing, entertaining, or outdoor dining. The primary bedroom is generously sized (18x16) and features a vaulted ceiling, en suite bathroom with garden tub and walk-in closet. The upstairs loft makes a great secondary entertainment space for movie or game nights. Additional updates include a new energy efficient HVAC system (2025), fresh paint (2026), new water heater (2023), new garage doors (2023), and new roof and gutters (2021). The spacious 3-car garage provides abundant parking and extra storage. Enjoy a convenient location just steps from the community pool and a short walk to Thompson Park's fantastic new playground and basketball courts. With generous indoor and outdoor space, valuable updates, and an outstanding Franklin Township location, this home is a tremendous value and ready for its next owner. Come see it today!

Active

  • Price
  • $ 320,000
  • City
  • Indianapolis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • MARION
  • Half Bathrooms
  • 1
  • Area
  • Franklin
  • Lot Size
  • 0.43 Acres
  • Zip
  • 46237
  • Sqr Footage
  • 1,933
  • Year Built
  • 2000
  • Taxes
  • $ 2694
  • Style
  • Traditional
  • MLS#
  • 22117277
Listed By: Jeannie Grant with Highgarden Real Estate;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Cable Available,Natural Gas Connected
Possession Negotiable
Appliances Dishwasher,Dryer,Disposal,Gas Water Heater,MicroHood,Electric Oven,Refrigerator,Washer,Water Softener Owned
HOA Fee 270
Garage Spaces 2
Association Fee Includes Maintenance,Snow Removal
Patio/Porch Features Patio,Covered
Architectural Style Traditional
Construction Materials Vinyl With Brick
Year Built 2000
Township Franklin
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Assoc Fee Paid Per Annually
County Marion
New Construction No
Property Type Residential
Association Amenities Pool,Snow Removal
HOA Yes
Subdivision Name Thompson Park
Garage Y/N Yes
Total Rooms 10
Full Baths 2
Status Active
Directions GPS Friendly
High School Franklin Central High School
City Indianapolis
High School District Franklin Township Com Sch Corp
MLS Area 4906 - Marion - Franklin
Lot Size Square Feet 18906
Elementary School Thompson Crossing Elementary Sch
Property Attached Y/N No
Middle/Junior High School Franklin Central Junior High
Standard Status Active
Tax Lot 223
Legal Description Thompson Park Sec 3 L 223

Interior Features

Interior Amenities Attic Access,Cathedral Ceiling(s),Walk-In Closet(s),Wood Work Painted,Eat-in Kitchen,Entrance Foyer,Pantry
Total Fireplaces 1
Fireplace Features Gas Log,Great Room
Basement (Y/N) No
Half Baths 1
Laundry Features Main Level
Total Bedrooms 4
LivingAreaSource Assessor
Total Baths 3

Exterior Features

Fencing Full,Privacy
Parking Features Attached
Lot Features Sidewalks,Storm Sewer,Mature Trees,Trees-Small (Under 20 Ft)
Water Source Public
Foundation Details Slab
Building Area Total 1933
Lot Size Acres 0.43
Other Equipment Security System Owned,Smoke Alarm
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Thompson Crossing Elementary Sch
Middle School Franklin Central Junior High
High School Franklin Central High School

Price History

8/7/2026 Listed $325,000
9/17/2026 2% - $320,000

Property vs Zip Code Average in 46237

Price
AVG $350K
$320K
Taxes
AVG $3,478
$2,694
Year Built
AVG 1995
2000
Visits
AVG 63
42
Data Provided by Inside Real Estate®

5423 Mesa Verde Drive Indianapolis, IN is a Single Family Home for sale at $320000 with 1933 sqft and a lot size of 0.43 Acres Acre(s). 5423 Mesa Verde Drive Indianapolis has 4 bedrooms, 2 baths and was built in 2000. The property's zip code is 46237 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.