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47 Dixie Drive

Indianapolis, IN 46227

ActiveListed Aug 19, 2026 · 34 days on market

Key facts

Beds
3
Baths
3 full
Living area
2,520 sqft
Lot
0.55 acres
Year built
1957
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22120659
County
Marion
Subdivision
Southern Homes

About this home

Tucked away on a quiet dead-end street, 47 Dixie Drive offers the space, privacy and location that are increasingly hard to find. The gorgeous Bedford stone exterior gives this home timeless character and curb appeal, while the impressive lot of over half an acre and NO HOA provide plenty of room and freedom to enjoy it. Step inside to fresh paint and gleaming original hardwood floors that bring warmth and character throughout the main living areas. The primary bedroom features its own en suite bath, while two additional nicely sized bedrooms and another full bath complete the main level. Downstairs, the full finished basement nearly doubles your living and entertaining options with a large recreation room, wet bar, third full bath and two oversized storage areas, giving you plenty of space for a home gym, game room, movie area, hobbies and more. The backyard is a true retreat with mature trees providing wonderful privacy, an above-ground pool, patio, freshly painted deck, dedicated cooking and grilling area, professional landscaping and a fully fenced yard with room to spread out, entertain or simply relax. Enjoy the peaceful feel of a tucked-away neighborhood without sacrificing convenience. Shopping, restaurants, entertainment and everyday necessities are close enough to walk to, while nearby State Road 135 and quick highway access make getting anywhere around Indianapolis easy. With its gorgeous Bedford stone exterior, over half-acre lot, no HOA, three full baths, finished basement and incredible private backyard, this home offers a rare combination of space, character, convenience and freedom that's tough to beat.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric OvenRefrigeratorWasherGas Water HeaterWater Softener Rented
Interior features
Attic AccessEntrance FoyerPantryWet Bar
Kitchen
Kitchen Updated
Other rooms and areas
Bedroom Other on Main
Basement
DaylightFinished
Laundry
In Basement
Security
Smoke Detector(s)
Rooms
8
Main-level bedrooms
2

Exterior

Exterior features
Gas Grill
Patio and porch
Deck
Construction
Stone
Foundation
Block
Style
Ranch
Parking and garage
Attached
Pool
Above Ground
Private pool
Yes
Fencing
Privacy
Other equipment
Smoke Alarm

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Private
Utilities
Cable AvailableNatural Gas Available

Lot and HOA

Lot features
Mature Trees

Schools

Elementary school
Douglas MacArthur Elementary Sch
Middle school
Perry Meridian Middle School
High school
Perry Meridian High School
School district
Perry Township Schools

Taxes

Estimated annual tax
$2,650 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,838per month, estimated
Principal and interest $1,512Property tax $221Insurance $105
20% · $59,980
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$299,900
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