7238 Hearthstone

Indianapolis, IN
$ 309,900 Beds 3 Baths 2 Sq 1,601 Virtual Tour
Monthly Estimate* How much can I afford?

Space, privacy, and possibility come together on this rare double-lot property in Indianapolis. Set back among mature trees on a combined .91 acres, the setting feels quiet and secluded - yet the real story here is what that extra land can do for you. The adjacent .48-acre parcel is a separate, sellable lot, giving you the flexibility to build a second home for extended family, add a workshop or guest cottage, sell it for extra cash now, or simply hold the land for future value. Inside, the home offers three bedrooms and two full baths across generously proportioned rooms that give every space room to breathe. A sunroom and covered porch invite slower mornings and easy evenings, while the covered patio extends the living space outdoors. The bones here are solid - this is a home ready for you to bring your own vision and finish it in your own personal style. Storage and parking are equally well thought out, with a 2-car attached garage, a carport, and a detached storage barn - room for vehicles, tools, hobbies, and everything in between. And while the setting feels tucked away, everyday convenience is close at hand. The Southport Rd corridor puts shopping, dining, and everyday errands just minutes away, quick access to I-65 means the whole city - and beyond - is within easy reach, and a short drive gets you to both downtown Indianapolis and the airport. A rare combination of privacy, space, and a setting like no other - schedule a tour today and explore the endless possibilities.

Active

  • Price
  • $ 309,900
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Perry
  • Lot Size
  • 0.91 Acres
  • Zip
  • 46227
  • Sqr Footage
  • 1,601
  • Year Built
  • 1993
  • Taxes
  • $ 3454
  • Style
  • Traditional
  • MLS#
  • 22125836
Listed By: Robert Lappin with Circle 8, LLC;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air
Cooling Central Air
Possession Closing
Appliances Dishwasher,Dryer,MicroHood,Electric Oven,Refrigerator,Washer
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Traditional
Construction Materials Brick
Year Built 1993
Township Perry
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Additional Parcels Description PT NE1/4 S17 T14 R4 BEG 265FT N OF NE COR L154HOLLY HILLS 2ND SEC W 234.32FT NW 89.63FT E262.76FT S 85FT TO BEG .48AC
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Holly Hills
Garage Y/N Yes
Total Rooms 8
Full Baths 2
Status Active
Directions GPS Friendly
High School Southport High School
City Indianapolis
High School District Perry Township Schools
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 18731
Elementary School Mary Bryan Elementary School
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Middle/Junior High School Southport Middle School
Additional Parcels Y/N Yes
Standard Status Active
Tax Lot 154
Legal Description Pt Ne1/4 S17 T14 R4 Beg 180Ft N Of Ne Cor L154holly Hills 2nd Sec W 205.88Ft Nw 89.63Ft E234.32Ft S 85Ft To Beg .43Ac

Interior Features

Interior Amenities Vaulted Ceiling(s)
Basement (Y/N) No
Laundry Features Laundry Room
Total Bedrooms 3
Main Level Bedrooms 3
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Exterior Amenities Storage
Parking Features Attached,Carport
Lot Features Mature Trees,Other
Water Source Public
Foundation Details Crawl Space
Spa No
Building Area Total 1601
Lot Size Acres 0.91
Waterfront Y/N No
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
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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 Mary Bryan Elementary School
Middle School Southport Middle School
High School Southport High School

Price History

9/13/2026 Listed $309,900

Property vs Zip Code Average in 46227

Price
AVG $270K
$310K
Taxes
AVG $3,256
$3,454
Year Built
AVG 1957
1993
Visits
AVG 56
14
Data Provided by Inside Real Estate®

7238 Hearthstone Indianapolis, IN is a Single Family Home for sale at $309900 with 1601 sqft and a lot size of 0.91 Acres Acre(s). 7238 Hearthstone Indianapolis has 3 bedrooms, 2 baths and was built in 1993. The property's zip code is 46227 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.