7225 Westminster Drive Indianapolis IN 46256 (House For Sale) | MLS 22085610
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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.
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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.
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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 803 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:
23305
Lot Features:
Irregular Lot, Storm Sewer, Street Lights, Mature Trees, Wooded
Water Source:
Public
Main Level Sq. Ft.:
1, 431
Upper Level Sq. Ft.:
1, 094
Total Sq. Ft.:
3, 589
Basement:
Yes
Directions:
GPS Friendly
Interior Features
Attic Access, Built In Features, Ceiling Vaulted, Entrance Foyer, Paddle Fan, Hardwood Floors, Wood Work Painted
Appliances
Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Oven, Washer
Cool
Central Air
Water Heater
Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Oven, Washer
Heat
Forced Air
Total Rooms
11 Rooms
Schools
High School:
Lawrence North High School
Middle School:
Fall Creek Valley Middle School
Elementary School:
Crestview Elementary School
Tax and Financial Info
Semi-Annual Property Tax:
$2, 537
Tax Year:
2024
Quick View
Address:
7225 Westminster Drive Indianapolis IN 46256
Status:
Pending
On Site:
126 Days On Site
Price:
$418, 000
Bedrooms:
4 Beds
Bathrooms:
2 Full Baths, 1 Half Baths
Sq. Feet:
3, 589
Year Built:
1961
Lot Size:
0.54
County:
Marion
Township:
Lawrence
MLS #:
22085610
Property Type:
Single Family Residence
Exterior Type
Brick, Vinyl Siding
Community Information
Description
Nestled atop a serene hill in the highly sought-after Lantern Hills neighborhood of Lawrence Township, this charming 4-bedroom colonial offers the perfect blend of timeless character and modern updates. Sitting on over half an acre of lush, park-like grounds, this home is an oasis of comfort and style. Step inside to discover original hardwood floors, cozy wood-burning fireplaces, and custom built-ins that exude classic charm. The open-concept kitchen, dining, and family room layout is tailor-made for modern living, featuring thoughtful updates throughout, including a bright, contemporary kitchen with stainless steel appliances. The spacious family room boasts vaulted ceilings and is bathed in natural light, creating an inviting space to relax or entertain. Outdoor living is a dream here-enjoy morning coffee or evening gatherings on the screened-in porch or the patio overlooking your private, wooded backyard. The finished basement offers additional living space, perfect for a game room, home office, or gym, along with ample storage. A convenient 2-car attached garage rounds out the home's amenities. Located on a quiet, picturesque street with mature trees, this home combines tranquility with convenience. Commuters will appreciate easy access to I-465, I-69, Binford Blvd, and Allisonville Rd, while being just minutes from Fort Harrison State Park, Castleton Square Mall, and an array of shopping and dining options. Families will love the proximity to top-rated schools like Heritage Christian and Lawrence North High School, as well as the award-winning Lawrence school district. Whether you're drawn to its classic charm, modern updates, or unbeatable location, this home is ready to welcome you. Don't miss your chance to experience Lantern Hills living at its finest!
Source: MIBOR as distributed by MLS GRID, MLS ID: 22085610
Listing provided courtesy of Andy Tresize 317-563-5051 with Compass Indiana, LLC
Last Updated: 6/4/2026 | 2:52 PM
Home Details
Status: Pending
Price: $418,000
Address: 7225 Westminster Drive, Indianapolis, IN 46256
Nestled atop a serene hill in the highly sought-after Lantern Hills neighborhood of Lawrence Township, this charming 4-bedroom colonial offers the perfect blend of timeless character and modern updates. Sitting on over half an acre of lush, park-like grounds, this home is an oasis of comfort and style. Step inside to discover original har...
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Source: MIBOR as distributed by MLS GRID, MLS ID: 22085610
Listing provided courtesy of Andy Tresize 317-563-5051 with Compass Indiana, LLC
I-69/Fall Creek is a charming neighborhood featuring primarily single detached homes alongside small apartment buildings and duplexes, offering a variety of unit sizes from lofts to four-bedroom dwellings. Residents benefit from close proximity to primary schools and convenient access to nearby pharmacies, restaurants, and cafes. The area provides easy car access with plentiful parking and nearby highways, making commuting simple. Its gentle slopes contribute to a bicycling-friendly environment. A peaceful setting with minimal street noise creates a tranquil atmosphere, and nearby green spaces are readily accessible, encouraging outdoor enjoyment within this well-rounded community.
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