3712 E Edgewood Avenue Indianapolis IN 46227 (House For Sale) | MLS 22086240
Frequently Asked Questions
Are house prices dropping in Indianapolis?
The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $11,590.12. 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.
What is the housing market like in Indianapolis at this time?
The housing market and house prices in Indianapolis are going down. The average house price is $262,593.00 and the average price per square feet is $154.69 per square foot. At the moment, there are 18657 homes listed - 2889 active, 1461 pending, and 14307 sold in Indianapolis.
What is the most popular place to buy a house in Indianapolis?
The most popular place to buy a home in Indianapolis is 4910 - Marion - Center. 4910 - Marion - Center has the most properties listed and appears to have the highest demand.
What is the amount of property taxes you have to pay for a house in Indianapolis?
The average amount of property taxes you would have to pay for a home in Indianapolis is $3,545.13. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
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Properties in Indianapolis stay on the market for an average of 88 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
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The last home listed in Indianapolis was 426 minutes ago.
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The cost of the most expensive home in Indianapolis is $5,400,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.
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The cost of the cheapest home in Indianapolis is $1,000.00. Buying a cheaper home can keep payments low and leave room for customization.
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How big are the homes in Indianapolis?
The average property size in Indianapolis is 2093.98 sq.ft., the largest being 13549 sq.ft., and the smallest being 200 sq.ft.
Additional Details
Property Details
Lot Dimensions:
133642
Lot Features:
City Lot, Cul De Sac, Irregular Lot, Not In Subdivision, Mature Trees
Water Source:
Other
Main Level Sq. Ft.:
4, 922
Upper Level Sq. Ft.:
2, 016
Total Sq. Ft.:
11, 860
Basement:
Yes
Directions:
GPS Friendly
Interior Features
High Ceilings, Entrance Foyer, In Law Arrangement, Eat In Kitchen, Pantry
Appliances
None
Cool
None
Water Heater
None
Heat
None
Total Rooms
11 Rooms
Tax and Financial Info
Semi-Annual Property Tax:
$2, 720
Tax Year:
2024
Quick View
Address:
3712 E Edgewood Avenue Indianapolis IN 46227
Status:
Active
On Site:
128 Days On Site
Price:
$489, 900
Bedrooms:
6 Beds
Bathrooms:
6 Full Baths, 1 Half Baths
Sq. Feet:
11, 860
Year Built:
2017
Lot Size:
3.07
County:
Marion
Township:
Perry
MLS #:
22086240
Property Type:
Single Family Residence
Exterior Type
Wood Siding
Community Information
Description
An extraordinary opportunity to complete a custom contemporary ranch estate offering nearly 12,000 square feet under roof on 3.077 private acres in South Indianapolis. The structural shell is complete, including foundation, framing, roof, and exterior siding-providing a substantial head start on what is designed to be a 6-bedroom, 5 full bath, 1 half bath luxury residence. With 6,938 square feet above grade and an additional 4,922 square foot basement, the scale and layout allow for exceptional potential for a theater, fitness studio, wine cellar, recreation areas, or multi-generational living, and premium lifestyle amenities. The generous acreage provides privacy rarely found in this corridor while maintaining convenient access to major highways, downtown Indianapolis, and surrounding amenities. This is an exceptional opportunity for a custom homeowner, luxury builder, or investor to complete and personalize a contemporary estate with significant upside potential. Architectural scale, acreage, and structure are already in place-bring your vision to life. For the discerning buyer seeking architectural scale, privacy, and the ability to design a signature estate - this is a rare opportunity to complete a luxury residence without starting from raw land. Eligible buyers may use Construction-to-Permanent loans, FHA 203(k), or standard construction financing to complete the home. Bring your architect, your builder, and your vision - the groundwork is already done.
Source: MIBOR as distributed by MLS GRID, MLS ID: 22086240
Listing provided courtesy of Juan Cassella 317-271-1700 with F.C. Tucker Company
Last Updated: 6/2/2026 | 9:25 PM
Home Details
Status: Active
Price: $489,900
Address: 3712 E Edgewood Avenue, Indianapolis, IN 46227
An extraordinary opportunity to complete a custom contemporary ranch estate offering nearly 12,000 square feet under roof on 3.077 private acres in South Indianapolis. The structural shell is complete, including foundation, framing, roof, and exterior siding-providing a substantial head start on what is designed to be a 6-bedroom, 5 full...
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Source: MIBOR as distributed by MLS GRID, MLS ID: 22086240
Listing provided courtesy of Juan Cassella 317-271-1700 with F.C. Tucker Company
Edgewood offers a calm and inviting residential setting with a variety of single detached homes and several options for apartment living. The neighborhood benefits from accessible highways like US Hwy 40, providing smooth travel for personal vehicles and convenient parking options. Bus lines connect most areas, making public transit a practical alternative for many residents. Educational opportunities are ample, with both public and private schools available nearby, covering elementary through high school levels. Dining options, including a modest selection of restaurants, add to local convenience. The neighborhood also features several green spaces and parks where outdoor time is possible, contributing to a peaceful atmosphere overall.
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