7549 Southern Lakes Drive

Indianapolis, IN
$ 275,000 Beds 4 Baths 2.5 Sq 2,040
Monthly Estimate* How much can I afford?

Thoughtfully maintained by the same owner for the past 37 years, this 2,040 square foot two-story home in Franklin Township offers character, comfort, and numerous updates throughout. Far from cookie-cutter, this 4-bedroom home features all bedrooms upstairs, including a large primary suite with dual closets and an impressive en suite bath showcasing a spa-like shower. Designed for both everyday living and entertaining, the spacious 28x15 family room offers plenty of room to gather and is anchored by a cozy brick fireplace. The adjacent living room makes a great secondary entertainment option and offers plenty of space to spread out when friends & family are over. Step outside to your own private backyard oasis, complete with a low-maintenance rock garden, gazebo, and an abundance of perennial plants that return each season, attracting butterflies and songbirds. It's the perfect spot to enjoy your morning coffee while watching the sunrise. The newer (2021) vinyl fence provides plenty of privacy. The home has seen numerous important updates, including new flooring, renovated bathrooms, updated stainless steel appliances, replacement windows throughout, and a newer roof. A new energy-efficient HVAC was installed in 2021. All kitchen appliances, washer, dryer, and the deep freezer in the garage are included. Come see it today!

Active

  • Price
  • $ 275,000
  • City
  • Indianapolis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • MARION
  • Half Bathrooms
  • 1
  • Area
  • Franklin
  • Lot Size
  • 0.24 Acres
  • Zip
  • 46237
  • Sqr Footage
  • 2,040
  • Year Built
  • 1989
  • Taxes
  • $ 2360
  • Style
  • Traditional
  • MLS#
  • 22122918
Listed By: Jeannie Grant with Highgarden Real Estate;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air
Cooling Central Air
Possession Closing
Appliances Dishwasher,Dryer,Disposal,Microwave,Double Oven,Electric Oven,Refrigerator,Free-Standing Freezer,Washer,Water Heater
Garage Spaces 2
Patio/Porch Features Gazebo,Patio,Porch
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Vinyl With Brick
Year Built 1989
Township Franklin
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
Subdivision Name Southern Lakes Estate
Garage Y/N Yes
Total Rooms 10
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Franklin Township Com Sch Corp
MLS Area 4906 - Marion - Franklin
Lot Size Square Feet 10488
Property Attached Y/N No
Current Financing Conventional
Additional Parcels Y/N No
Standard Status Active
Tax Lot 113
Legal Description Southern Lakes Estates Sec 4 L 113

Interior Features

Interior Amenities Entrance Foyer,Eat-in Kitchen,Pantry,Wood Work Painted
Total Fireplaces 1
Fireplace Features Family Room
Basement (Y/N) No
Half Baths 1
Laundry Features Main Level
Total Bedrooms 4
LivingAreaSource Builder
Total Baths 3

Exterior Features

Fencing Full,Privacy,Gate
Parking Features Attached
Lot Features Curbs,Sidewalks,Suburb
Water Source Public
Foundation Details Slab
Spa No
Building Area Total 2040
Lot Size Acres 0.24
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 Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/3/2026 Listed $275,000

Property vs Zip Code Average in 46237

Price
AVG $350K
$280K
Taxes
AVG $3,458
$2,360
Year Built
AVG 1995
1989
Visits
AVG 64
26
Data Provided by Inside Real Estate®

7549 Southern Lakes Drive Indianapolis, IN is a Single Family Home for sale at $275000 with 2040 sqft and a lot size of 0.24 Acres Acre(s). 7549 Southern Lakes Drive Indianapolis has 4 bedrooms, 2 baths and was built in 1989. 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.