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4918 Palomino Trl, Indianapolis, IN, 46239

3beds
3baths
3,374sqft
$460,000
$136price/sqft
$3,232/moest. monthly cost
$129,280/yrincome needed

About This Home

Great location in Big Run with beautiful pond view off the rear patio. Spacious 2 story great room with brick fireplace and many windows. Custom Kitchen with breakfast area and also a formal dining room, Hardwood floors & tile on the main floor living areas. Large master bedroom and master bath with whirlpool and shower. Large sunroom off master bedroom for your future hot tub or sauna. 3 Bedrooms down and a large bonus room upstairs that can be the 4th bedroom if needed. Lots of quality through out the home--Kitchen, floors, trim, windows, fixtures. Has both large covered porches on the front and rear at the patio pergola. Lots of Masonry Extras, fireplace, Pergola, bar and sink patio make a great area for entertaining. Large walk in unfinished attic area over the Garage for storage. Intercom System

Getting Around

4
WalkingCar-Dependent
0
TransitNo Nearby Transit
26
BikeSomewhat Bikeable

Schools

7/10
9/10

Construction

Condition

  • Year built: 1990

Materials

  • Foundation: Crawl Space
  • Construction materials: Brick,Cedar

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Down Draft,Disposal,Gas Water Heater,Humidifier,Electric Oven,Water Softener Owned

Bedroom2

  • Level: Main
  • Area: 192
  • Dimensions: 16X12

Bedroom3

  • Level: Main
  • Area: 132
  • Dimensions: 12X11

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Bonus Room

  • Features: Tile-Ceramic
  • Level: Upper
  • Area: 342
  • Dimensions: 19x18

Breakfast Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 99
  • Dimensions: 11X09

Dining Room

  • Level: Main
  • Area: 154
  • Dimensions: 14X11

Family Room

  • Level: Upper
  • Area: 342
  • Dimensions: 19x18

Features

  • Breakfast Bar,Cathedral Ceiling(s),High Ceilings,Tray Ceiling(s),Entrance Foyer,Pantry,Walk-In Closet(s)
  • Number of fireplaces: 1
  • Fireplace features: Gas Starter,Great Room
  • Fireplace: Yes

Great Room

  • Level: Main
  • Area: 435
  • Dimensions: 29X15

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,374
  • Total interior livable area: 3,374 sqft

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 121
  • Dimensions: 11X11

Laundry

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 35
  • Dimensions: 7 x 5

Loft

  • Level: Upper
  • Area: 384
  • Dimensions: 24x16

Master Bedroom

  • Level: Main
  • Area: 252
  • Dimensions: 18X14

Property

Details

  • Parcel number: 490931100007000300
  • Other equipment: Intercom
  • Horse amenities: None

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Deck,Patio
  • Has view: Yes
  • View description: Pond
  • Water view: Pond
  • On waterfront: Yes
  • Waterfront features: Lake Front,Water Access

Lot

  • Lot size: 0.55 Acres
  • Features: Street Lights,Trees-Small (Under 20 Ft)

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,326$27,912
Home Insurance *$253$3,036
Property Taxes $344$4,128
Electricity $309$3,711
Total$3,232$38,784
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$110,811/yr
40% on housing$96,960/yr
45% on housing$86,186/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$136This listing

vs Other Active Listings

Avg $/sqft

ZIP 46239$139
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46239$132
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-04Price change$490,000
2026-03-04Listed for sale$499,000
2015-05-28Sold$277,500
2015-04-04Pending sale$285,000
2015-03-25Listed for sale$285,000
2014-11-24Listing removed$298,000
2014-07-26Price change$298,000
2014-06-20Listed for sale$300,000
2003-06-06Sold$190,000

For Sale by Agent

AgentDavid Baird
BrokerageOK Baird, LLC

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