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3232 Arbutus Drive

Indianapolis, IN 46224

ActiveListed Sep 30, 2026 · 3 days on market

Key facts

Beds
4
Baths
2 full
Living area
1,712 sqft
Lot
0.21 acres
Year built
1968
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22126296
County
Marion
Subdivision
Falenders Meadowood

About this home

Space, comfort, and opportunity come together at 3232 Arbutus Dr! This spacious 4-bedroom, 2-bath home offers approximately 2,153 sq. ft. of living space with plenty of room to spread out and make it your own. The versatile floor plan includes a dedicated office space-perfect for working from home, a study, hobby room, or additional flex space. Enjoy relaxing evenings around the cozy fireplace and plenty of space for entertaining family and friends. The home could use a little TLC and updating, providing the perfect opportunity to add your personal style and create a space that's truly your own. And there's more to love-NO HOA! Enjoy the freedom of homeownership without monthly association fees or HOA restrictions. Whether you're searching for a spacious home to personalize or a property with potential to add value, this one is worth a closer look. Bring your ideas and imagine the possibilities. Schedule your private showing today!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherGas Water HeaterElectric OvenRange Hood
Interior features
Attic Pull Down Stairs
Fireplaces
1
Fireplace type
Dining Room
Windows
ScreensAluminum Frames
Rooms
8
Main-level bedrooms
4

Exterior

Construction
Brick
Foundation
Slab
Style
RanchTraditional
Parking and garage
Attached

Systems

Heating
BaseboardForced AirNatural Gas
Cooling
Central Air
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$1,050 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,335per month, estimated
Principal and interest $1,167Property tax $88Insurance $81
20% · $46,300
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$231,500
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