Last Sold Price
5 beds3,040 sqft$238/sqft
7241 Merriam Rd, Indianapolis, IN 46240

Description

Do not miss this opportunity in sought after Sylvan Ridge, in the heart of Washington Township! This well-maintained spacious 5-bedroom home features an open floor plan with a seamless flow & multiple living spaces. An updated kitchen with tons of natural light & a large island making it perfect for comfortable living and entertaining. The home has been beautifully updated with high-end finishes, including hardwood flooring throughout. The primary suite boasts marble floors & custom cabinetry is...Do not miss this opportunity in sought after Sylvan Ridge, in the heart of Washington Township! This well-maintained spacious 5-bedroom home features an open floor plan with a seamless flow & multiple living spaces. An updated kitchen with tons of natural light & a large island making it perfect for comfortable living and entertaining. The home has been beautifully updated with high-end finishes, including hardwood flooring throughout. The primary suite boasts marble floors & custom cabinetry is a must-see. There is a main floor bedroom & full bathroom. A partially finished basement adds space for leisure or storage. The fully fenced-in backyard features a large paver patio surrounded by tasteful landscaping, providing ample room for outdoor activities and enjoyment. Easy access to shopping, dining, parks, and top-rated schools. If you're looking for a home in a prime location with generous living space and impressive updates - this is the one!
LISTING CLOSED: 01/31/2025 12:00 AM

  1. Listed by Mary Wernke • Encore Sotheby's International
    P: (317)-660-4444 C: (317)-306-6300 mary.wernke@encoresir.com

Property Details for 7241 Merriam Road

Status
MLS #
22015451
Days on Market
4
Taxes
$4,066 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1962
Lot Size
0.53 AC / 23,086 SF
Architectural Style
Cape Cod, TraditonalAmerican
Subdivision Name
Sylvan Ridge
Township
Washington

Location

Listing Courtesy of Encore Sotheby's International

Sold By Compass Indiana, LLC

Add your commute

Building Information for 7241 Merriam Road

Stories-Year Built1962Building Size-Lot Size0.53 AC / 23,086 SF

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$4,348 per month

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Principal and Interest

$3,670

Property Taxes

$678

HOA Dues

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Property Information for 7241 Merriam Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46240
  • Postal Code Plus4: 3522
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 490229114023000800
  • Semi Annual Property Tax Amt: 4066.28
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 106
  • Tax Block: 2
School Information
  • High School: North Central High School
  • School District: MSD Washington Township
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage SqFt: 575
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Lot Size Square Feet: 23174.0
  • Lot Size Acres: 0.53
  • Main Level SqFt: 1520
  • New Construction: False
  • Living SqFt: 760.0
  • Sqft Total: 2280.0
  • Sq Ft Total: 3040.0
  • Year Built Numeric: 1962
  • Below Grade Finished Area: 228.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Graves Sylvan Ridge 2nd Sec L106
  • Photos Count: 57
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Poured Concrete
  • Horse Amenities: None
  • Fencing: Fence Full Rear
Interior Features
  • Accessibility Features: No
  • Appliances: Gas Cooktop, Dishwasher, Down Draft, Dryer, Disposal, Microwave, Oven, Refrigerator, Washer, Gas Water Heater, Water Purifier
  • Basement Description: Finished Ceiling
  • Basement YN: Yes
  • Cooling: Central Electric
  • Eating Area: Dining Combo/Kitchen
  • Fireplace Features: Family Room
  • Fireplaces Total: 1
  • Heating: Radiant Ceiling, Gas
  • Interior Features: Built In Book Shelves, Center Island, Hardwood Floors, Screens Complete, Window Bay Bow
  • Levels: One and One Half
  • Additional Equipment: Smoke Alarm, Sump Pump w/Backup, Sump Pump Dual
  • Room List: Living Room, Family Room, Kitchen, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Utility Room
  • Room and Features: Living Room-Main-Hardwood, Family Room-Main-Hardwood, Kitchen-Main-Hardwood, Dining Room-Main-Hardwood, Primary Bedroom-Upper-Hardwood, Bedroom 2-Upper-Hardwood, Bedroom 3-Upper-Hardwood, Bedroom 4-Upper-Hardwood, Bedroom 5-Main-Hardwood, Utility Room-Basement-Other
  • Main Level Bedrooms: 1
  • Num Bedrooms Upper: 4
  • Num Bedrooms Basement: 0
  • Rooms Basement: 1
Room Information
Room Information
  • Rooms MU: 11
  • Rooms Total MU: 11
  • Total Rooms: 12
Room 1
  • Room Level: Main
  • Room Dimensions: 18x14
  • Room Features: Hardwood
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 25x14.5
  • Room Features: Hardwood
  • Room Type: Family Room
Room 3
  • Room Level: Main
  • Room Dimensions: 14x14
  • Room Features: Hardwood
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 14x11
  • Room Features: Hardwood
  • Room Type: Dining Room
Room 5
  • Room Level: Upper
  • Room Dimensions: 15x12
  • Room Features: Hardwood
  • Room Type: Primary Bedroom
Room 6
  • Room Level: Upper
  • Room Dimensions: 20x12.5
  • Room Features: Hardwood
  • Room Type: Bedroom 2
Room 7
  • Room Level: Upper
  • Room Dimensions: 14x13.5
  • Room Features: Hardwood
  • Room Type: Bedroom 3
Room 8
  • Room Level: Upper
  • Room Dimensions: 15x11
  • Room Features: Hardwood
  • Room Type: Bedroom 4
Room 9
  • Room Level: Main
  • Room Dimensions: 11x14.5
  • Room Features: Hardwood
  • Room Type: Bedroom 5
Room 10
  • Room Level: Basement
  • Room Dimensions: 16x22
  • Room Features: Other
  • Room Type: Utility Room
Bathrooms
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Count: 3
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 3
  • Full Baths Upper: 2
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 5
  • Bedrooms MU: 5
  • Bedrooms Total: 5

Property History for 7241 Merriam Road

DateEvent & SourcePriceAppreciation
Jan 31, 2025

Sold

MIBORMLS #22015451

$722,000
Jan 29, 2025

Sold (Public Record)

Public Record #1552342641

$722,000

+5.1% / yr

Jan 13, 2025

Pending

MIBORMLS #22015451

DateEvent & SourcePrice
01/31/2025

Sold

MIBORMLS #22015451

$722,000
01/29/2025

Sold (Public Record)

Public Record #1552342641

$722,000

+5.1% / yr

01/13/2025

Pending

MIBORMLS #22015451

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

Public Records for 7241 Merriam Road

Taxable ValueLand$67,400Additions$611,100Total$678,500
Tax Record2025$8,949 ($746 / month)
Home Facts
Beds4Baths2Total Finished SqFt4,560 SqFtAbove Grade Finished SqFt3,800 SqFtFinished Basement SqFt760 SqFtStories1Lot Size23,174 SqFtStyleSingle Family ResidenceYear Built1962Year Renovated2008CountyMARIONAPN49-02-29-114-023.000-800

Schools near 7241 Merriam Road

This home is within M S D Washington Township.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Clearwater Elementary School
PublicK to 5

Eastwood Middle School
Public6 to 8

North Central High School
Public9 to 12

Willow Lake 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: 7241 Merriam Road, Indianapolis, IN 46240
$722,000
5
3,040
23,086
3
1,897
22,695
4
1
3,382
22,172
$385,000
4
3,720
18,295
$372,000
4
2
3,171
22,869
3
2,037
22,085

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.

Listing Courtesy of Encore Sotheby's International

Based on information submitted to the MLS GRID as of 01/31/2025 01:11 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.