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$429,900

Listing Price

3beds

4baths

2,389sqft

43,931sqft lot

7039 Lantern Rd, Indianapolis, IN 46256

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Single Family

Home type

186.16

Price / sqft

1961

Year built

Home Details

Looking for a project. This is an executive ranch home which was the model home when Lantern Hills was developed beginning in 1961. It is situated on a sweeping 1.04 acre lot beautifully adorned by magnolia trees, roses of Sharon, tiger lilies, black eyed Susans...etc. Back yard has a 6 ft. privacy fence. When you go to see it, STOP...listen. Its quiet. No I-465 noise, no I-69 noise...just birds and the wind. Almost 2400 sq.ft. on the main level and a 1200 sq.ft finished basement with a gas log fire place and a half bath. It is move in very livable condition right now. Put your stuff, put your kids, or youre your man cave in. Every dollar put in yields more back in return. I have a detailed analysis to show you that truth. I have prices and vetted contractors who do a days work for a days pay and are skilled, if you want to do that. The electric upgraded to modern 200 amp service, we have cleaned up the crawl space. The HVAC is new yesterday. 3 bedrooms, 2.5 baths with huge rooms, superb natural ambient light on sunny days. The very large 15 x 25 living room has a gas log fire place, actually located and centered where fireplaces should be allowing normal furniture placement and normal layout usage. A screened porch, but the back yard cries for a deck with the perfect place to put it. The kitchen is of course dated but lays out beautifully and has a superior pantry set up. The entry way is graceful with clay terra cotta tile floor which extends into the kitchen and is in supe

Interior Details

Square Feet
  • 2389

Bedrooms
  • 3

Bathrooms
  • 4

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Partial

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 43931

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$3,335

$47,400

$263,500

--%

$310,900

2019

$3,335

$47,400

$254,200

--%

$301,600

2018

$3,372

$47,400

$257,700

--%

$305,100

2017

$3,199

$47,400

$241,500

--%

$288,900

2016

$3,110

$47,400

$233,900

--%

$281,300

2013

$2,647

$47,400

$209,300

--%

$256,700

2012

$2,507

$47,400

$207,400

--%

$254,800

2011

$2,373

$40,200

$188,300

--%

$228,500

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Average Home Price in 46256

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$454,600

-- Beds

1.5 Baths

2,436 Sqft

23,740 Lot (sqft)

Sold 10/13/2026

$429,900

3 Beds

4 Baths

2,389 Sqft

43,931 Lot (sqft)

Sold 10/13/2026

$307,878

3 Beds

2.5 Baths

2,190 Sqft

10,237 Lot (sqft)

Sold 10/18/2026

$406,160

3 Beds

2.5 Baths

2,436 Sqft

8,581 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
429,900
$
Down payment
85,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,579.4
$
HOA (Monthly)
0
$
PMI
0
$
$2,783
Your Payment
Total Monthly Payment:$2,783
Percent of Income:48%
Affordable:No

Details for 7039 LANTERN RD

Property Debt

Foreclosure Contact Details