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7549 Southern Lakes Drive

Indianapolis, IN 46237

ActiveListed Sep 3, 2026 · 8 days on market

Key facts

Beds
4
Baths
2 full · 1 half
Living area
2,040 sqft
Lot
0.24 acres
Year built
1989
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22122918
County
Marion
Subdivision
Southern Lakes Estate

About this home

Thoughtfully maintained by the same owner for the past 37 years, this 2,040 square foot two-story home in Franklin Township offers character, comfort, and numerous updates throughout. Far from cookie-cutter, this 4-bedroom home features all bedrooms upstairs, including a large primary suite with dual closets and an impressive en suite bath showcasing a spa-like shower. Designed for both everyday living and entertaining, the spacious 28x15 family room offers plenty of room to gather and is anchored by a cozy brick fireplace. The adjacent living room makes a great secondary entertainment option and offers plenty of space to spread out when friends & family are over. Step outside to your own private backyard oasis, complete with a low-maintenance rock garden, gazebo, and an abundance of perennial plants that return each season, attracting butterflies and songbirds. It's the perfect spot to enjoy your morning coffee while watching the sunrise. The newer (2021) vinyl fence provides plenty of privacy. The home has seen numerous important updates, including new flooring, renovated bathrooms, updated stainless steel appliances, replacement windows throughout, and a newer roof. A new energy-efficient HVAC was installed in 2021. All kitchen appliances, washer, dryer, and the deep freezer in the garage are included. Come see it today!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerDisposalMicrowaveDouble OvenElectric OvenRefrigeratorFree-Standing FreezerWasherWater Heater
Interior features
Entrance FoyerEat-in KitchenPantryWood Work Painted
Kitchen
Kitchen GalleyKitchen Some Updates
Other rooms and areas
Laundry in Unit
Flooring
Hardwood
Fireplaces
1
Fireplace type
Family Room
Laundry
Main Level
Windows
Vinyl Windows
Security
Smoke Detector(s)
Rooms
10

Exterior

Patio and porch
GazeboPatioPorch
Construction
Vinyl With Brick
Foundation
Slab
Style
Traditional
Parking and garage
Attached
Fencing
FullPrivacyGate

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
CurbsSidewalksSuburb

Schools

School district
Franklin Township Com Sch Corp

Taxes

Estimated annual tax
$2,360 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,679per month, estimated
Principal and interest $1,386Property tax $197Insurance $96
20% · $55,000
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$275,000
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