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7347 Chapel Villas Lane #UNIT B

Indianapolis, IN 46214

ActiveListed Jan 29, 2026 · 175 days on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
1,534 sqft
Lot
0.03 acres
Year built
2002
Type
Residential · Condominium
Stories
One leveland + loft
Garage
2 spaces
MLS #
22079758
County
Marion
Subdivision
Villas At Chapel Hill

About this home

EXCITING NEWS! This end-unit condo is refreshed and now just $229,000. Truly move-in-ready, this low-maintenance home offers a lot of space. Recent updates include fresh paint and brand-new vinyl plank in the living room, a professional deep clean (oh, and a price reduction). This home is conveniently located just 5 minutes from I-465, 10 minutes from the Indianapolis Motor Speedway, and 15 minutes from downtown Indy. The main level includes a kitchen and a dining-living room combo with vaulted ceiling and a gas log fireplace along with an en suite primary bedroom and another bedroom. Upstairs is a large space great for office, gaming, additional living space or bedroom complete with full bath and walk-in closet. Outside, the property features an open patio with a privacy fence and a two-car attached garage. Residents have access to neighborhood amenities including a clubhouse, pool, and fitness center, supported by a monthly COA fee that covers exterior maintenance, snow removal, and trash.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric Water HeaterDisposalElectric OvenRefrigeratorWasher
Interior features
Cathedral Ceiling(s)
Kitchen
Kitchen Galley
Other rooms and areas
Laundry in Unit
Fireplaces
1
Fireplace type
Gas LogLiving Room
Laundry
Connections AllMain Level
Rooms
6
Main-level bedrooms
2

Exterior

Exterior features
Not Applicable
Patio and porch
Patio
Construction
Wood Brick
Foundation
Slab
Style
Traditional
Parking and garage
Attached
Fencing
PrivacyFront Yard

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

HOA fee
$330 / monthly
Lot features
Not Applicable
Community
ClubhouseCurbsFitness CenterPoolSidewalks
HOA fee includes
Association Home OwnersClubhouseSewerEntrance PrivateExercise RoomInsuranceIrrigationMaintenance GroundsMaintenance StructureMaintenanceManagementSnow RemovalTrash
HOA amenities
ClubhouseInsuranceExercise CourseFitness CenterMaintenance GroundsMaintenanceManagementSnow RemovalTrash

Schools

School district
MSD Wayne Township

Taxes

Estimated annual tax
$2,462 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,770per month, estimated
Principal and interest $1,154Property tax $205Insurance $80HOA $330
20% · $45,800
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$229,000
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