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5842 Quail Run Dr, Indianapolis, IN, 46237

2beds
2baths
1,163sqft
$195,000
$168price/sqft
$1,439/moest. monthly cost
$57,560/yrincome needed

About This Home

Located in popular Franklin Township, Villas at Quail Run is an established, classic mid 90s neighborhood of patio homes. It's a very neat, clean and tidy subdivision and the same goes for this specific 2BR 2BA low maintenance brick condo. Its 1163 square feet includes the bright great room w/cathedral ceiling, arched windows, gas fireplace and it's directly connected to the dining area with space for a good-sized table and hutch. This area is all open to the kitchen w/white cabinets, stainless steel oven, microwave and refrigerator. There is a corner sink, breakfast bar and convenient laundry closet. All appliances included (not warranted). The main bedroom has a full bathroom and walk-in closet. All neutral flooring and paint throughout. There is a fenced front porch/patio area. All windows new 2022. HVAC 2023. Water heater ? Easy to show and immediate possession possible. Close to I-465 and restaurants and shopping. There is also a clubhouse and pool for residents.

Getting Around

8
WalkingCar-Dependent
14
TransitMinimal Transit
33
BikeSomewhat Bikeable

Schools

5/10
7/10
9/10

Construction

Condition

  • Year built: 1994

Materials

  • Foundation: Other
  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Ranch,Traditional
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Disposal,Microwave,Electric Oven,Refrigerator,Washer
  • Laundry features: Laundry Closet

Bedroom2

  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Features

  • Attic Pull Down Stairs,Breakfast Bar,Cathedral Ceiling(s),Entrance Foyer,Ceiling Fan(s),Walk-In Closet(s)
  • Number of fireplaces: 1
  • Fireplace features: Gas Starter,Great Room
  • Fireplace: Yes
  • Attic: Pull Down Stairs
  • Common walls with other units/homes: End Unit

Great Room

  • Level: Main
  • Area: 208
  • Dimensions: 16x13

Heating & Cooling

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

Interior Area

  • Total structure area: 1,163
  • Total interior livable area: 1,163 sqft

Kitchen

  • Level: Main
  • Area: 112
  • Dimensions: 14x8

Master Bedroom

  • Level: Main
  • Area: 195
  • Dimensions: 15x13

Property

Details

  • Parcel number: 491503137058000300
  • Attached to another structure: Yes
  • Special condition: Estate
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Entry location: Ground Level
  • Patio & porch: Porch

Lot

  • Features: Close to Clubhouse,Sidewalks,Street Lights

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 WaveRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
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 $986$11,832
Home Insurance *$116$1,392
Property Taxes $153$1,836
Electricity $184$2,212
Total$1,439$17,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$49,337/yr
40% on housing$43,170/yr
45% on housing$38,373/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

$168This listing

vs Other Active Listings

Avg $/sqft

ZIP 46237$131
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46237$148
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)

No zestimate history available

Price History

DateEventPrice
2026-08-14Pending sale$195,000
2026-08-03Price change$195,000
2026-07-07Listed for sale$199,900
2016-06-30Sold$102,000

For Sale by Agent

AgentSherry Soforic
BrokerageF.C. Tucker Company

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