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7718 Ashtree Dr, Indianapolis, IN, 46259

5beds
5baths
5,366sqft
$774,900
$144price/sqft
$5,423/moest. monthly cost
$216,920/yrincome needed

About This Home

You've finally found the perfect home with space, comfort, luxury and versatility for everyone! Designed with flexibility in mind, this exceptional property features a beautiful primary suite plus the possibility of a private in-law quarters on the main level! There's room for every stage of life - including spaces the kids and teens will absolutely love. Also, the finished attic retreat offers its own refrigerator, sink, walk-in closet, spacious bedroom, and full bath, to make an additional guest suite or teen hangout area. The expansive basement is equally impressive and thoughtfully designed to give everyone just the right amount of privacy. This stunning 5-bedroom brick home, located in Franklin Township's prestigious Timberlakes community, showcases elegant tray ceilings, crown molding, tile flooring, and abundant storage throughout. The gourmet kitchen is a chef's dream, featuring extra cabinetry, double ovens, granite countertops, and a large center island ideal for entertaining. Enjoy year-round relaxation in the indoor lap pool, plus the convenience of a finished 3-car garage. The gorgeous rear sunroom is filled with natural light from walls of windows and overlooks breathtaking landscaping that feels like your own private retreat. This one-of-a-kind home truly has it all. Schedule your private showing today and experience everything this incredible property has to offer!

Getting Around

14
WalkingCar-Dependent
0
TransitNo Nearby Transit
27
BikeSomewhat Bikeable

Schools

7/10
7/10
9/10

Construction

Condition

  • Year built: 1996

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Cooktop,Dishwasher,Disposal,MicroHood,Oven,Double Oven,Refrigerator,Gas Water Heater,Humidifier,Water Softener Owned
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Egress Window(s),Finished,Full

Bedroom2

  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Bedroom3

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

Bedroom4

  • Level: Upper
  • Area: 196
  • Dimensions: 14x14

Bedroom5

  • Level: Basement
  • Area: 238
  • Dimensions: 14x17

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Bonus Room

  • Level: Basement
  • Area: 224
  • Dimensions: 16x14

Dining Room

  • Level: Main
  • Area: 154
  • Dimensions: 14x11

Exercise Room

  • Features: Other
  • Level: Main
  • Area: 336
  • Dimensions: 24x14

Features

  • Attic Access,Cathedral Ceiling(s),High Ceilings,Walk-In Closet(s),Hardwood Floors,Breakfast Bar,Ceiling Fan(s),In-Law Floorplan,Kitchen Island,Pantry,Wired for Sound
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Great Room,Masonry
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 1,081

Great Room

  • Level: Main
  • Area: 408
  • Dimensions: 24x17

Heating & Cooling

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

Interior Area

  • Total structure area: 5,366
  • Total interior livable area: 5,366 sqft

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 224
  • Dimensions: 16x14

Laundry

  • Level: Main
  • Area: 91
  • Dimensions: 13x07

Living Room

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

Master Bedroom

  • Level: Main
  • Area: 272
  • Dimensions: 17x16

Other

  • Level: Upper
  • Area: 525
  • Dimensions: 35x15

Play Room

  • Level: Basement
  • Area: 378
  • Dimensions: 27x14

Sun Room

  • Features: Other
  • Level: Main
  • Area: 176
  • Dimensions: 16x11

Property

Details

  • Parcel number: 491513118016000300
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Lap
  • Patio & porch: Patio,Covered
  • Exterior features: Fire Pit,Sprinkler System
  • Fencing: Fenced,Privacy

Lot

  • Lot size: 0.36 Acres
  • Features: Corner Lot,Sidewalks,Mature Trees

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
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
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 $3,918$47,016
Home Insurance *$354$4,248
Property Taxes $660$7,920
Electricity $491$5,902
Total$5,423$65,076
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$185,931/yr
40% on housing$162,690/yr
45% on housing$144,613/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

$144This listing

vs Other Active Listings

Avg $/sqft

ZIP 46259$159
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46259$139
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
2026-07-17Price change$774,900
2026-05-16Listed for sale$789,000
2017-07-05Sold$375,000
2017-06-02Pending sale$400,000
2017-05-01Price change$400,000
2017-04-28Price change$399,999
2017-04-16Listed for sale$400,000
2017-01-07Listing removed$420,000
2016-10-28Price change$420,000
2016-07-06Listed for sale$437,900
2015-09-19Listing removed$425,000
2015-07-19Price change$425,000
2015-04-06Price change$449,900
2015-03-19Listed for sale$465,000
2015-01-28Listing removed$459,900
2014-11-04Price change$459,900
2014-09-17Price change$474,900
2014-07-28Listed for sale$499,900

For Sale by Agent

AgentBrenda Dean
BrokerageYour Realty Link, LLC

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