$465,000
7231 Dean Rd , Indianapolis, IN 46240
- 3
- beds
- 2
- baths
- 1,986
- sqft
- 1972
- year built
- Status:
- Active
- MLS #:
- 22127921
- Neighborhood:
- Steinmeier Farms
- County:
- Marion
- Listed By:
- Devan Lunceford - Totalis Real Estate Solutions
- Agent Phone:
- (812) 230-6651
- Agent Email:
- devan@devanlunceford.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
Welcome to 7231 Dean Road, a beautifully refreshed 3-bedroom, 2-bath home set on an excellent lot with mature trees, a quiet setting and a scenic backyard that feels tucked away while still being close to everything. This home offers a flexible layout with the ability to use a bedroom on the main level or upstairs as the primary suite, giving buyers options based on their lifestyle, household needs or long-term plans. Inside, the home features fresh paint, new flooring, updated lighting, new vents, updated plugs and switches and several thoughtful improvements throughout. The kitchen has been refreshed with new 42-inch cabinets, new countertops and new appliances, creating a clean, modern space ready for everyday living. Additional updates include a newer roof, HVAC system approximately four years old, vinyl windows replaced last year, a gutter system with guards installed last year and new garage door springs. The unfinished basement adds major value and flexibility. Whether used for storage, a home office, workout area, playroom, hobby space or future hangout room, it gives the next owner usable square footage and options that are hard to find. The basement also includes a French drain system and sump pump for added peace of mind. Outdoor living is another standout feature. The mature trees, spacious lot and peaceful yard create a private-feeling setting perfect for relaxing, entertaining, gardening or simply enjoying the quiet surroundings. Located on Indianapolis' north side near Allisonville, Keystone, Broad Ripple, Carmel, shopping, dining, parks, trails and major roadways, this home offers the rare combination of convenience, character and setting. With meaningful updates already completed, flexible living spaces and a prime north-side location, 7231 Dean Road is a home buyers will want to see in person. Schedule your private showing today and experience the value, setting and potential this property has to offer.
Highlights
- Residential
- Single Family Residence
- Built in 1972
- 0.35 Acre Lot
- 2 Car Garage
- 46 days on Market
-
- Bedrooms
- 3
-
- Bathrooms
- 2
-
- Year Built
- 1972
-
- Architectural Style
- Cape Cod
-
- Construction Materials
- Wood Siding, Brick
-
- Foundation
- Block
-
- Garage Spaces
- 2.0
-
- Parking Features
- Attached
-
- Living Area
- 1986.0
-
- Interior Features
- Eat-in Kitchen, Walk-In Closet(s), Entrance Foyer, Built-in Features
-
- Appliances
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Disposal, Gas Water Heater, Electric Oven, Exhaust Fan
-
- Flooring
- Hardwood
-
- Exterior Features
- Fire Pit
-
- Patio And Porch
- Covered, Patio
-
- Cooling
- Heat Pump
-
- Heating
- Forced Air, Heat Pump
-
- Basement
- Unfinished, Daylight, Sump Pump
-
- Acres
- 0.35
-
- View
- Trees/Woods
-
- Water
- Public
-
- Area
- 4903 - Marion - Washington
-
- County
- Marion
-
- City
- Indianapolis
-
- Neighborhood
- Steinmeier Farms
-
- Zip Code
- 46240
-
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Price History
| 10/08/2026 | Price Changed | $465,000 |
| Source: MIBOR Broker Listing Cooperative #22127921 | ||
| 09/24/2026 | Listed | $475,000 |
| Source: MIBOR Broker Listing Cooperative #22127921 | ||
| 07/23/2026 | Off Market | — |
| Source: MIBOR Broker Listing Cooperative #22115349 | ||
Source: MLS Data
Deed History
| 06/09/2011 | Warranty Deed | $224,000 |
| 09/05/2007 | Special Warranty Deed | $0 |
| 09/05/2007 | Warranty Deed | $0 |
| 09/05/2007 | Quit Claim Deed (non-arm's length) | $0 |
| 03/18/2005 | Trustee’s Deed (Certificate of Title) | $0 |
Source: Public records via Constellation Data Labs
Mortgage History
| 01/22/2020 | VA | $267,188 |
| 12/19/2018 | VA | $263,000 |
| 10/10/2011 | VA | $234,685 |
| 06/09/2011 | VA | $224,000 |
| 02/27/2008 | Unknown | $197,500 |
| 09/05/2007 | Conventional | $162,400 |
| 07/24/2007 | Open End with Future Advance Clause / Open End Mortgage | $30,450 |
| 03/18/2005 | Credit Line (Revolving) / HELOC | $19,850 |
| 03/18/2005 | ARM (Adjustable Rate Mortgage as of August, 2009) | $160,800 |
Source: Public records via Constellation Data Labs
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There are currently 5090 properties available in Indianapolis, with 0 under contract to close soon. Properties in the city have an average sale price of $286,520 and typically spend 69 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 7231 Dean Rd?
Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $465,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Indianapolis, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 7231 Dean Rd?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 7231 Dean Rd at around $2,646. This includes estimated property taxes and insurance.
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How do I get pre-approved to buy 7231 Dean Rd?
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Can I negotiate the asking price for 7231 Dean Rd?
In most cases, yes. Whether 7231 Dean Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Indianapolis's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 7231 Dean Rd?
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You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $465,000 with 1,986 sqft of space—that comes out to approximately $234 per square foot.
How long has this property been on the market?
7231 Dean Rd was listed on September 24, 2026, which means it's been on the market for 46 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1972, making it approximately 54 years old.
What is the lot size of this property?
7231 Dean Rd sits on a 0.35-acre lot, which is 15,246 square feet.
Is 7231 Dean Rd still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Based on information submitted to the MLS GRID as of November 09, 2026 at 09:53AM. 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.
