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8503 Fownes Lane

Pendleton, IN 46064

ActiveListed Oct 16, 2026 · 5 days on market

Key facts

Beds
4
Baths
2 full · 1 half
Living area
1,900 sqft
Lot
0.15 acres
Year built
2019
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22131876
County
Madison
Subdivision
Oakmont

About this home

Welcome to this wonderful, move-in ready four-bedroom, 2.5-bathroom home situated on a prime corner lot in Pendleton. The main level showcases an open-concept layout where the expansive living and dining spaces flow directly into the kitchen-which features abundant countertop surface area, a central island, and sleek stainless-steel appliances. Downstairs also includes a convenient half bath and a versatile flex room that is ideal for a study or dedicated home office. Upstairs, the second level houses all four bedrooms, including a private primary suite with its own attached ensuite bathroom. For maximum convenience, the laundry room is also situated on the second floor alongside the bedrooms. Located just minutes from Hamilton Town Center, I-69, shopping centers, dining, and entertainment, this home combines thoughtful design with exceptional regional accessibility.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherMicrowaveElectric Oven
Interior features
Bath Sinks Double MainKitchen Island
Rooms
7

Exterior

Construction
Shingle Siding
Foundation
Slab
Style
Traditional
Parking and garage
Attached

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Lot and HOA

HOA fee
$400 / annually

Schools

Elementary school
Pendleton Elementary School
Middle school
Pendleton Heights Middle School
High school
Pendleton Heights High School
School district
South Madison Com Sch Corp

Taxes

Estimated annual tax
$6,220 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,249per month, estimated
Principal and interest $1,587Property tax $518Insurance $110HOA $33
20% · $62,980
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$314,900
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