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7238 Hearthstone

Indianapolis, IN 46227

ActiveListed Sep 13, 2026 · 25 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,601 sqft
Lot
0.91 acres
Year built
1993
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22125836
County
Marion
Subdivision
Holly Hills

About this home

Space, privacy, and possibility come together on this rare double-lot property in Indianapolis. Set back among mature trees on a combined .91 acres, the setting feels quiet and secluded - yet the real story here is what that extra land can do for you. The adjacent .48-acre parcel is a separate, sellable lot, giving you the flexibility to build a second home for extended family, add a workshop or guest cottage, sell it for extra cash now, or simply hold the land for future value. Inside, the home offers three bedrooms and two full baths across generously proportioned rooms that give every space room to breathe. A sunroom and covered porch invite slower mornings and easy evenings, while the covered patio extends the living space outdoors. The bones here are solid - this is a home ready for you to bring your own vision and finish it in your own personal style. Storage and parking are equally well thought out, with a 2-car attached garage, a carport, and a detached storage barn - room for vehicles, tools, hobbies, and everything in between. And while the setting feels tucked away, everyday convenience is close at hand. The Southport Rd corridor puts shopping, dining, and everyday errands just minutes away, quick access to I-65 means the whole city - and beyond - is within easy reach, and a short drive gets you to both downtown Indianapolis and the airport. A rare combination of privacy, space, and a setting like no other - schedule a tour today and explore the endless possibilities.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerMicroHoodElectric OvenRefrigeratorWasher
Interior features
Vaulted Ceiling(s)
Laundry
Laundry Room
Rooms
8
Main-level bedrooms
3

Exterior

Exterior features
Storage
Patio and porch
Covered
Construction
Brick
Foundation
Crawl Space
Style
Traditional
Parking and garage
AttachedCarport

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
Mature Trees

Schools

Elementary school
Mary Bryan Elementary School
Middle school
Southport Middle School
High school
Southport High School
School district
Perry Township Schools

Taxes

Estimated annual tax
$3,454 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,851per month, estimated
Principal and interest $1,461Property tax $288Insurance $101
20% · $57,980
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$289,900
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