Last Sold Price
3 beds1,872 sqft$182/sqft
640 N Peterman Rd, Greenwood, IN 46142

Description

3-acre homesite located in the heart of Center Grove. Beautiful home with nature surrounding. Parcel has mix of blooming mature trees, wide open spaces, wooded tree lines, lush landscaping, and bubbling creek running along the back. Buyers will love the space with no HOA and limited restrictions on building. Large storage building with room for another pole barn, inground pool or second structure. Amazing access to schools, shopping, downtown Greenwood, parks, nearby amenities. Incredibly maintained...3-acre homesite located in the heart of Center Grove. Beautiful home with nature surrounding. Parcel has mix of blooming mature trees, wide open spaces, wooded tree lines, lush landscaping, and bubbling creek running along the back. Buyers will love the space with no HOA and limited restrictions on building. Large storage building with room for another pole barn, inground pool or second structure. Amazing access to schools, shopping, downtown Greenwood, parks, nearby amenities. Incredibly maintained home with updates throughout. Newer interior paint, carpet on main level, dimensional roof (2018), finished garage (2024), porch/sidewalk/chimney (2019), replacement windows/doors. Stunning Kitchen renovation includes HanStone quartz countertops, new cabinets, GFCI outlets, tiled backsplash, recessed lighting, pantry, and appliances. Great Room features large bay window and wood burning fireplace. Full Bathrooms on each level. Spacious Master Bedroom Suite with walkout balcony. This rare opportunity is a must see!
LISTING CLOSED: 10/28/2024 12:00 AM

  1. Listed by Chris Price • Keller Williams Indy Metro S
    P: (317) 271-5959 C: (317) 225-5507 chrisprice@indypropertysource.com

Property Details for 640 North Peterman Road

Status
MLS #
21993472
Days on Market
58
Taxes
$1,192 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1974
Lot Size
3.06 AC / 133,293 SF
Architectural Style
Colonial, Dutch Colonial, TraditonalAmerican
Subdivision Name
No Subdivision
Township
White River
Waterfront Features
Creek, Stream, Water View, Waterfront
Waterfront
Yes

Recent comparable sales

Median sold price

$332,450

Avg days on market

17

Sale-to-list ratio

94.5%

Greenwood, IN

9 comparable properties found

$361,000 | 3986 Creekwood Drive, Greenwood, IN 46142
1/56
1

$361,000

Sold 08/14/26

3
Bedrooms
1,930
Square Feet
0.42
Acres
$310,000 | 589 San Ricardo Drive, Greenwood, IN 46142
1/25
2

$310,000

Sold 10/04/24

3
Bedrooms
1,720
Square Feet
0.36
Acres
$345,000 | 224 North Peterman Road, Greenwood, IN 46142
1/43
3

$345,000

Sold 05/15/26

3
Bedrooms
1,815
Square Feet
0.46
Acres
$325,000 | 712 Leisure Lane, Greenwood, IN 46142
1/36
4

$325,000

Sold 10/07/24

3
Bedrooms
1,675
Square Feet
0.47
Acres
$310,000 | 694 Valley Way Road, Greenwood, IN 46142
1/29
5

$310,000

Sold 10/31/24

3
Bedrooms
1,732
Square Feet
0.45
Acres
$343,000 | 272 North Peterman Road, Greenwood, IN 46142
1/72
6

$343,000

Sold 08/15/25

3
Bedrooms
1,870
Square Feet
0.46
Acres
$299,900 | 620 Ridge Road, Greenwood, IN 46142
1/31
7

$299,900

Sold 09/27/24

3
Bedrooms
1,703
Square Feet
0.45
Acres
$350,000 | 540 Lazy Lane, Greenwood, IN 46142
1/35
8

$350,000

Sold 09/12/25

3
Bedrooms
1,890
Square Feet
0.46
Acres
$332,450 | 625 Valley Way Road, Greenwood, IN 46142
1/30
9

$332,450

Sold 06/01/26

3
Bedrooms
1,650
Square Feet
0.39
Acres

Location

Listing Courtesy of Keller Williams Indy Metro S

Sold By Compass Indiana, LLC

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Building Information for 640 North Peterman Road

Stories-Year Built1974Building Size-Lot Size3.06 AC / 133,293 SF

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30 year fixed, 6.55% Interest

Principal and Interest

$1,728

Property Taxes

$199

HOA Dues

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Property Information for 640 North Peterman Road

Summary
Location and General Information
  • City: Greenwood
  • County Or Parish: Johnson
  • Directions: From West Fairview Road, turn North on County Road 400 West/Peterman Road. Property will be on the left, after Woodmore Drive.
  • Postal Code: 46142
  • Postal Code Plus4: 7323
  • State Or Province: IN
  • View: Creek/Stream, Forest, Neighborhood, Trees/Woods, Water
  • View: Yes
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 410327041031000038
  • Semi Annual Property Tax Amt: 1192
  • Tax Year: 2023
  • TaxLot: 0
School Information
  • Elementary School: Pleasant Grove Elementary School
  • High School: Center Grove High School
  • Middle Or Junior School: Center Grove Middle School North
  • School District: Center Grove Community School Corp
Parking
  • Garage YN: Yes
  • Garage Parking Other: Finished Garage,Garage Door Opener,Service Door,Other
  • Garage Spaces: 2.0
  • Garage SqFt: 484
Virtual Tour
Property
Lot Information
  • Acreage: 3-5 Acres
  • Lot Description: Not In Subdivision, Mature Trees
  • Lot Size Square Feet: 133468.0
  • Lot Size Acres: 3.06
  • Main Level SqFt: 1342
  • New Construction: False
  • Living SqFt: 530.0
  • Sqft Total: 1872.0
  • Sq Ft Total: 1872.0
  • Year Built Numeric: 1974
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Inspection Warranties: Warranty Homebuyers
  • Legal Subdivision: Pt Se 1/4 S27 T14 R3
  • Photos Count: 77
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Web Link: www.TheIndyPropertySource.com
  • Buyer Financing: Other
  • Property Condition: Updated/Remodeled
Green Features
  • Green Certification: No
Utilities
  • Electric: 200+ Amp Service, Circuit Breakers
  • Solid Waste: No
  • Utilities: Cable Available, Electricity Connected, Gas, Septic System, Water Connected
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Balcony, Barn Pole, Barn Storage, Storage Shed, Other
  • Foundation Details: Crawl Space, Block
  • Pool Private: No
  • Horse Amenities: Barn, Pasture, See Remarks
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Laundry Connection in Unit, MicroHood, Microwave, Gas Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
  • Areas Interior: Laundry in Unit,Living Room Formal,Utility Room,Other
  • Basement YN: No
  • Cooling: Central Electric
  • Eating Area: Breakfast Room, Dining Combo/Kitchen, Other Eating Area
  • Fireplace Features: Blower Fan, Great Room, Masonry, Woodburning Fireplce, Other
  • Fireplaces Total: 1
  • Heating: Forced Air, Gas
  • Interior Features: Attic Access, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Programmable Thermostat, Screens Complete, Supplemental Storage, Windows Vinyl, Windows Wood
  • Levels: Two
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: Smoke Alarm
  • Room List: Great Room, Foyer, Kitchen, Dining Room, Breakfast Room, Primary Bedroom, Bedroom 2, Bedroom 3
  • Room and Features: Great Room-Main-Carpet, Foyer-Main-Carpet, Kitchen-Main-Vinyl, Dining Room-Main-Hardwood, Breakfast Room-Main-Vinyl, Primary Bedroom-Upper-Carpet, Bedroom 2-Upper-Carpet, Bedroom 3-Upper-Carpet
  • Spa: No
  • Main Level Bedrooms: 0
  • Laundry Features: Main Level, Other
  • Num Bedrooms Upper: 3
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 8
  • Rooms Total MU: 8
  • Total Rooms: 8
Room 1
  • Room Level: Main
  • Room Dimensions: 25x12
  • Room Features: Carpet
  • Room Type: Great Room
Room 2
  • Room Level: Main
  • Room Dimensions: 8X4
  • Room Features: Carpet
  • Room Type: Foyer
Room 3
  • Room Level: Main
  • Room Dimensions: 12X10
  • Room Features: Vinyl
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 15x13
  • Room Features: Hardwood
  • Room Type: Dining Room
Room 5
  • Room Level: Main
  • Room Dimensions: 12X10
  • Room Features: Vinyl
  • Room Type: Breakfast Room
Room 6
  • Room Level: Upper
  • Room Dimensions: 20X12
  • Room Features: Carpet
  • Room Type: Primary Bedroom
Room 7
  • Room Level: Upper
  • Room Dimensions: 12x10
  • Room Features: Carpet
  • Room Type: Bedroom 2
Room 8
  • Room Level: Upper
  • Room Dimensions: 12X10
  • Room Features: Carpet
  • Room Type: Bedroom 3
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 2
  • Full Baths Upper: 1
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 640 North Peterman Road

DateEvent & SourcePriceAppreciation
Oct 28, 2024

Sold (Public Record)

Public Record #1555458411

$340,000

+403.5% / yr

Oct 28, 2024

Sold

MIBORMLS #21993472

$340,000
Oct 22, 2024

Pending

MIBORMLS #21993472

DateEvent & SourcePrice
10/28/2024

Sold (Public Record)

Public Record #1555458411

$340,000

+403.5% / yr

10/28/2024

Sold

MIBORMLS #21993472

$340,000
10/22/2024

Pending

MIBORMLS #21993472

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 640 North Peterman Road

Taxable ValueLand$76,800Additions$208,100Total$284,900
Tax Record2025$4,966 ($414 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,872 SqFtAbove Grade Finished SqFt1,872 SqFtStories2Lot Size133,468 SqFtStyleSingle Family ResidenceYear Built1974Year Renovated1974ZoningR2CountyJOHNSONAPN41-03-27-041-031.000-038

Schools near 640 North Peterman Road

This home is within Center Grove Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Pleasant Grove Elementary School
PublicPK to 5

Center Grove Middle School North
Public6 to 8

Center Grove High School
Public9 to 12

Walnut Grove Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 640 North Peterman Road, Greenwood, IN 46142
$340,000
3
1,872
133,293
$10,725
3
2
936
61,376
$630,585
4
2,876
205,603
$25,000
3
1.5
1,404
30,884
$4,500
4
3.5
1,942
43,560
$362,000
4
2,364
395,089

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Indy Metro S

Based on information submitted to the MLS GRID as of 10/29/2024 07:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.