4221 Bay Leaf Circle Indianapolis IN 46237 (House For Sale) | MLS 22096170
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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.
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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 809 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 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:
11238
Lot Features:
Cul De Sac, Sidewalks
Water Source:
Public
Main Level Sq. Ft.:
1, 557
Total Sq. Ft.:
1, 557
Directions:
From Southport Road Between Sherman Drive & Emerson Avenue, Turn South Onto Mc Farland Blvd, Turn West Onto Tarragon Terrace, Then Turn Left Onto Bay Leaf Circle, Home Is On The Right.
Interior Features
Wood Work Painted
Appliances
Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Washer
Cool
Central Air
Water Heater
Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Washer
Heat
Forced Air, Natural Gas
Total Rooms
6 Rooms
Tax and Financial Info
Semi-Annual Property Tax:
$1, 679
Tax Year:
2025
Other Disclosures:
Sales Disclosure Supplements
Monthly HOA Fee:
$40.00
HOA Fee Paid:
Annually
Quick View
Address:
4221 Bay Leaf Circle Indianapolis IN 46237
Status:
Pending
On Site:
76 Days On Site
Price:
$299, 000
Bedrooms:
3 Beds
Bathrooms:
2 Full Baths
Sq. Feet:
1, 557
Year Built:
1993
Lot Size:
0.26
County:
Marion
Township:
Perry
MLS #:
22096170
Property Type:
Single Family Residence
Exterior Type
Brick, Cement Siding
Community Information
Description
Welcome home to this beautifully maintained ranch in the heart of McFarland Farms, one of the Southside's most welcoming neighborhoods. Enjoy the best of suburban living with an abundance of restaurants, shopping, and everyday conveniences just around the corner, all while being only 15 minutes from the energy of downtown Indianapolis. Inside, the open great room flows naturally into the kitchen, which features abundant cabinetry, generous counter space, stainless steel appliances, and plenty of room for casual dining. The primary suite is a standout - an impressive 21x12 with a walk-in closet and private bath. All three bedrooms include walk-in closets, so everyone has space to spread out. Out back, a large deck with a pergola sets the stage for outdoor entertaining, summer cookouts, or simply unwinding after a long day. A storage shed and separate dog run add everyday practicality, and the oversized 23x28 two-car garage gives you room for vehicles, hobbies, and everything in between. This home has been lovingly maintained and thoughtfully updated: James Hardie fiber cement siding, roof (2014), HVAC (2019), overhead garage door (2020), deck (2020), water softener (2020), bathroom updates (2018), carpet (2018), appliances (2016), and windows with a transferable warranty (2010). McFarland Farms residents enjoy a pool and bathhouse, a tennis court, a playground, and a large common area - a true neighborhood feel. Interactive 3D tour with floor plans available. Some photos have been virtually staged.
Source: MIBOR as distributed by MLS GRID, MLS ID: 22096170
Listing provided courtesy of David C Brenton 317-882-7210 with DAVID BRENTON'S TEAM
Last Updated: 6/20/2026 | 1:55 PM
Home Details
Status: Pending
Price: $299,000
Address: 4221 Bay Leaf Circle, Indianapolis, IN 46237
Welcome home to this beautifully maintained ranch in the heart of McFarland Farms, one of the Southside's most welcoming neighborhoods. Enjoy the best of suburban living with an abundance of restaurants, shopping, and everyday conveniences just around the corner, all while being only 15 minutes from the energy of downtown Indianapolis. I...
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Source: MIBOR as distributed by MLS GRID, MLS ID: 22096170
Listing provided courtesy of David C Brenton 317-882-7210 with DAVID BRENTON'S TEAM
South Perry offers a peaceful and quiet residential setting with a variety of housing options, including single detached homes, townhouses, and apartments. Many residences feature two or three bedrooms, providing versatile living spaces to suit different needs. The neighborhood boasts convenient access to numerous supermarkets as well as a selection of nearby restaurants and cafes. Educational opportunities include several primary schools, both public and private, located close to residential areas. Commuting by car is straightforward with ample parking and easy access to major routes. The neighborhood's calm atmosphere and proximity to surrounding parks contribute to a balanced urban living experience.