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4127 Palermo Drive

Indianapolis, IN 46239

PendingListed Mar 13, 2026 · 43 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,434 sqft
Lot
0.11 acres
Year built
2026
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22089191
County
Marion
Subdivision
Palermo Gardens
New construction
Yes

About this home

The Rosewood from Ryan Homes is an open concept ranch home that offers comfort and convenience on one exceptionally livable level. Enter the large foyer from the front door, where there's room to add functional family storage. Past the laundry room, the light-filled great room adjoins the gourmet kitchen, where a center island and separate dining space invite every opportunity to gather with friends and family. A full bath and two bedrooms will make guests feel at home, while you relax in the luxury owner's suite with a walk-in closet and dual vanity bath. This home has upgraded lighting and a covered rear porch. Come home to The Rosewood today!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherElectric Water HeaterDisposalMicroHoodElectric Oven
Interior features
Attic AccessBath Sinks Double MainBreakfast BarKitchen IslandEntrance FoyerHi-Speed Internet AvailblEat-in KitchenPantrySmart ThermostatWalk-In Closet(s)Wood Work Painted
Other rooms and areas
Bedroom Other on Main
Laundry
Main Level
Windows
ScreensVinyl Windows
Rooms
7
Main-level bedrooms
3
Condition
New Construction

Exterior

Patio and porch
Covered
Construction
Cement SidingCultured Stone
Foundation
Slab
Style
RanchTraditional
Parking and garage
AttachedConcreteGarage Door Opener
Other equipment
Smoke Alarm

Systems

Heating
Forced AirNatural GasHigh Efficiency (90%+ AFUE )
Cooling
Central Air
Water
Public
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

HOA fee
$550 / annually
Lot features
CurbsSidewalksStorm SewerTrees-Small (Under 20 Ft)
HOA fee includes
Association Builder ControlsEntrance CommonInsuranceMaintenanceNature AreaParkPlaygroundPickleball CourtSnow RemovalWalking Trails
HOA amenities
InsuranceMaintenanceParkPlaygroundPickleball Court(s)Snow RemovalTrail(s)

Schools

Middle school
Franklin Central Junior High
High school
Franklin Central High School
School district
Franklin Township Com Sch Corp

Taxes

Estimated annual tax
$50 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,613per month, estimated
Principal and interest $1,462Property tax $4Insurance $101HOA $46
20% · $57,998
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$289,990
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