8131 Bounty Ct, Indianapolis, IN, 46236
About This Home
Nature lover's paradise! Space, style, and a beautiful wooded setting come together in this impressive Feather Cove ranch with a fully finished walk-out basement. Offering over 5,000 finished square feet, this 5-bedroom, 3.5-bath home features thoughtfully updated living spaces and room to gather, work, relax, and entertain. Hardwood floors, ceiling beams, wainscoting, custom wood trim, and updated hardwired lighting add character throughout. The spacious kitchen features newer appliances, including a Dacor induction cooktop, plus a center island and breakfast area. Two renovated bathrooms add to the home's updates. Enjoy a main-level primary suite, dedicated office, sunroom, two fireplaces, and a finished lower level with additional bedrooms, recreation space, exercise room, and walk-out access. Outside, the 0.83-acre wooded cul-de-sac lot offers a screened porch overlooking the natural, fully wooded back surroundings, a deck, landscaping, and access toward the creek. A heated 3-car garage with storage adds even more functionality. Additional updates include interior and exterior paint, designer carpet, deck stain, a new sump pump, and an invisible fence. Washer, dryer, sauna, and Hooker desk are included. A distinctive Feather Cove home with generous indoor and outdoor living space ready to be enjoyed.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1988
Materials
- Foundation: Concrete Perimeter
- Construction materials: Brick,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Common Laundry,Electric Cooktop,Dishwasher,Dryer,Disposal,Gas Water Heater,Microwave,Double Oven,Electric Oven,Refrigerator,Washer
- Laundry features: Common Area
Basement
- Has basement: Yes
- Basement: Ceiling - 9+ feet,Daylight,Exterior Entry,Finished,Finished Ceiling,Finished Walls,Full,Walk-Out Access
Bedroom2
- Level: Main
- Area: 169
- Dimensions: 13x13
Bedroom3
- Level: Basement
- Area: 180
- Dimensions: 15x12
Bedroom4
- Level: Basement
- Area: 156
- Dimensions: 13x12
Bedroom5
- Level: Basement
- Area: 286
- Dimensions: 22x13
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Dining Room
- Level: Main
- Area: 204
- Dimensions: 17x12
Exercise Room
- Level: Basement
- Area: 195
- Dimensions: 15x13
Features
- Attic Access,Attic Stairway,Built-in Features,Cathedral Ceiling(s),High Ceilings,Hardwood Floors,Walk-In Closet(s),Double Vanity,Breakfast Bar,Kitchen Island
- Flooring: Hardwood
- Number of fireplaces: 2
- Fireplace features: Basement,Living Room,Wood Burning
- Fireplace: Yes
- Attic: Access Only,Permanent Stairs
- Finished area below ground: 2,675
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 5,350
- Total interior livable area: 5,350 sqft
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 315
- Dimensions: 21x15
Laundry
- Features: Tile-Ceramic
- Level: Main
- Area: 64
- Dimensions: 8x8
Living Room
- Level: Main
- Area: 460
- Dimensions: 23x20
Master Bedroom
- Level: Main
- Area: 260
- Dimensions: 20x13
Office
- Level: Main
- Area: 247
- Dimensions: 19x13
Play Room
- Level: Basement
- Area: 418
- Dimensions: 22x19
Sun Room
- Level: Main
- Area: 180
- Dimensions: 15x12
Property
Details
- Parcel number: 490120115009000400
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck,Screened
- Exterior features: Balcony
- Has view: Yes
- View description: Trees/Woods
Lot
- Lot size: 0.83 Acres
- Features: Cul-De-Sac,Irregular Lot,Wooded
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
- Tornado
- Cold Wave
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,792 | $45,504 |
| Home Insurance * | $476 | $5,712 |
| Property Taxes | $565 | $6,780 |
| Electricity | $490 | $5,885 |
| Total | $5,323 | $63,876 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-23 | Listed for sale | $750,000 |
| 2026-06-30 | Listing removed | $799,000 |
| 2026-06-24 | Price change | $799,000 |
| 2026-06-15 | Price change | $824,900 |
| 2026-06-05 | Listed for sale | $859,000 |
| 2019-12-10 | Sold | $452,000 |
| 2019-10-14 | Pending sale | $459,000 |
| 2019-10-10 | Listed for sale | $459,000 |
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