5 days on Rocket
$2,909 Closing Credit¹
#22045417, Edie Horan, Listing office: Home Bound Real Estate LLC
$279,000 List price
7482 W US Highway 40 Indianapolis, IN 46229
$3,313
Closing credit¹
4 beds
1 full, 1 partial
2,688 sqft
0.8 acres
$104 / sqft
House
Property details
About 7482 W US Highway 40
Beautiful Bedford Stone Ranch in New Palestine Southern Hancock School District. Welcome Home to this captivating stone ranch that combines timeless charm and quality of construction with modern conveniences. Offering almost 2,700 square feet of living space sitting on nearly a full acre of land, providing the perfect balance of spaciousness and privacy. The home features four bedrooms, 3 on the main level, including a primary suite in the walk out lower level, complemented by one and a half bathrooms. Original hardwood floors newly refinished flow throughout the main level, adding warmth and character that only comes with genuine craftsmanship. One of the property's standout features is the full, partially finished walkout basement, which provides endless possibilities for customization-whether you envision a home theater, fitness area, or additional living space for guests. Step outside to enjoy the oversized covered patio, perfect for entertaining or peaceful evening relaxation. The property offers abundant parking with both an extended two-car garage with rear garage door and a two-car carport, ensuring ample space for vehicles and storage. Recent upgrades include brand new windows with transferable warranty and a newly installed high end HVAC system. The interior has been freshly painted throughout, and the exterior boasts professional landscaping that enhances the home's curb appeal. Truly turn-key and move-in ready! Nature enthusiasts will appreciate the proximity to Buck Creek and the Pennsy Trail for outdoor recreation. And here's the cherry on top-no homeowners association means the freedom to make this property truly your own.New Palestine Schools serve this desirable location, making it an excellent choice for families focusing on education and you are only 10 to 15 minutes to 465 or I70. This beauty won't last long. Schedule your private tour today.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size2,688 sqft
BasementYes
Lot size0.85 Acres
Year built1959
MLS #22040481
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Water Purifier, Water Softener
- Basement: Yes
- Interior: Attic Access, Hardwood Floors, Eat-in Kitchen
- Total Bedroom Count: 4
- Architectural Style: Ranch, TraditonalAmerican
- Heating: Forced Air, Natural Gas
- List Price: $279,000
- Price/SqFt: $103
- Annual Tax Amount: $1,419
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1959
- Living Area: 2,688 SqFt
- Lot Size: 0.85 Acres
- MLS Number: 22040481
- MLS Name: MIBOR
- Office Name: F.C. Tucker Company
- Office Email: amanda.christians@talktotucker.com
- Listing Agent: Amanda Christians
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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.
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Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/22/2025, 11:46:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$279,000
7482 W US Highway 40
$3,313
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 06, 2017 | Home Sold | $144,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $141,900 | $1,419 |
| 2021 | $136,000 | $1,360 |
| 2020 | $130,900 | $1,345 |
| 2019 | $134,500 | $1,345 |
| 2018 | $134,500 | $1,259 |
| 2017 | $125,900 | $2,454 |
History based on county public records data.
Nearby schools
4
Brookview Elementary School
Public District KG-4
1.2 mi
•1550 Cumberland Rd
2
Eastridge Elementary School
Public District KG-4
1.7 mi
•10930 E 10th St
4
Sunny Heights Elementary School
Public District KG-4
2.5 mi
•11149 Stony Brook Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,288. Most Indianapolis, IN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
39%
<35k
40%
35k-100k
16%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
9%
Single, with Kids
30%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
15%
18-34 yrs old
45%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Dick's Sporting Goods
Kmart
Family Dollar
Where do the neighbors go to eat?
Arbys
Bob Evans
Dominos Pizza
What do the neighbors drive?
GMC
Buick
Ford
What do the neighbors listen to?
Adult Hits
Oldies
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Indianapolis, IN
Indianapolis has a comprehensive transport system that includes a city-wide bus service with regular routes connecting various neighborhoods. The city is also known for its bike-friendly initiatives, with numerous bike lanes and trails. Major highways such as I-65 and I-70 provide efficient routes for drivers to navigate in and out of the city. While specific ride-sharing statistics are not mentioned, such services are commonly used throughout the city.
The city is served by a robust educational system, including a variety of public and private schools, catering to all levels of education. Healthcare is well-supported with several hospitals offering a range of services from emergency care to specialized treatments. Indianapolis also boasts a network of public libraries and a rich assortment of retail and dining options that reflect the diverse culinary tastes of its residents.
Indianapolis is celebrated for its vibrant cultural scene and sporting events, including the world-renowned Indianapolis 500. The city prides itself on its community-oriented atmosphere, with numerous parks and green spaces contributing to its inviting character. Seasonal festivals and local farmers' markets are a testament to the city's commitment to community engagement and local produce.
Indianapolis offers a diverse housing market, with single-family homes being a significant component, reflecting a mix of architectural styles from historic Victorian to contemporary. The housing options also include a variety of apartments and townhouses, accommodating a range of preferences and lifestyles. The city has seen a steady growth in housing developments, particularly in the downtown area, which has added modern living spaces to the urban core.
About 7482 W US Highway 40
The listing price of 7482 W US Highway 40 property is $279,000.
The property 7482 W US Highway 40 is a house located in Indianapolis, Indiana, 46229.
Active Listing: 7482 W US Highway 40 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7482 W US Highway 40 are: Brookview Elementary School (GreatSchools Rating 4/10), Eastridge Elementary School (GreatSchools Rating 2/10), Sunny Heights Elementary School (GreatSchools Rating 4/10), Creston Intermediate & Middle School (GreatSchools Rating 4/10), New Palestine Jr High School (GreatSchools Rating 7/10), Stonybrook Intermediate & Middle School (GreatSchools Rating 3/10), Warren Central High School (GreatSchools Rating 2/10), Phalen Virtual Leadership Academy (GreatSchools Rating 2/10), James and Rosemary Phalen Leadersh (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $1,419 (source: MLS/based on county public records data).
The last sale was on July 6, 2017 for $144,000 (source: MLS/tax record).
The property at 7482 W US Highway 40 has 4 bedrooms and 1 full and 1 half bathrooms.
The property 7482 W US Highway 40 is 2,688 SqFt (source: MLS/tax record).
The year of construction for 7482 W US Highway 40 is 1959.
This home is located at 7482 W US Highway 40 in Indianapolis, IN and zip code 46229. This 2,688 square foot home, which was built in 1959, sits on a 0.85 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $279,000.
While more than 300 listings in Indianapolis, IN in May 2025 were sold above asking price, there were more than 315 listings sold at asking price, and more than 544 were sold below. The number of homes for sale in Indianapolis, IN increased by 3.7% between April and May 2025. In May 2025 median list price was $250,180 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.