3712 E Edgewood Ave, Indianapolis, IN, 46227
About This Home
An extraordinary opportunity to complete a custom contemporary ranch estate offering nearly 12,000 square feet under roof on 3.077 private acres in South Indianapolis. The structural shell is complete, including foundation, framing, roof, and exterior siding-providing a substantial head start on what is designed to be a 6-bedroom, 5 full bath, 1 half bath luxury residence. With 6,938 square feet above grade and an additional 4,922 square foot basement, the scale and layout allow for exceptional potential for a theater, fitness studio, wine cellar, recreation areas, or multi-generational living, and premium lifestyle amenities. The generous acreage provides privacy rarely found in this corridor while maintaining convenient access to major highways, downtown Indianapolis, and surrounding amenities. This is an exceptional opportunity for a custom homeowner, luxury builder, or investor to complete and personalize a contemporary estate with significant upside potential. Architectural scale, acreage, and structure are already in place-bring your vision to life. For the discerning buyer seeking architectural scale, privacy, and the ability to design a signature estate - this is a rare opportunity to complete a luxury residence without starting from raw land. Eligible buyers may use Construction-to-Permanent loans, FHA 203(k), or standard construction financing to complete the home. Bring your architect, your builder, and your vision - the groundwork is already done.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Under Construction,New Construction
- New construction: Yes
- Year built: 2017
Materials
- Foundation: Block
- Construction materials: Wood Siding
Other
- Builder name: Owner
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: None
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom2
- Features: Other
- Level: Main
- Area: 132
- Dimensions: 11x12
Bedroom3
- Features: Other
- Level: Upper
- Area: 165
- Dimensions: 11x15
Bedroom4
- Features: Other
- Level: Upper
- Area: 225
- Dimensions: 15x15
Bedroom5
- Features: Other
- Level: Upper
- Area: 210
- Dimensions: 15x14
Bedroom6
- Features: Other
- Level: Upper
- Area: 165
- Dimensions: 15x11
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Dining Room
- Features: Other
- Level: Main
- Area: 300
- Dimensions: 20x15
Family Room
- Features: Other
- Level: Main
- Area: 319
- Dimensions: 29x11
Features
- High Ceilings,Entrance Foyer,In-Law Floorplan,Eat-in Kitchen,Pantry
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Finished area below ground: 0
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 11,860
- Total interior livable area: 11,860 sqft
Kitchen
- Features: Other
- Level: Main
- Area: 238
- Dimensions: 14x17
Living Room
- Features: Other
- Level: Main
- Area: 1044
- Dimensions: 36x29
Master Bedroom
- Features: Other
- Level: Main
- Area: 225
- Dimensions: 15x15
Office
- Features: Other
- Level: Main
- Area: 285
- Dimensions: 15x19
Property
Details
- Parcel number: 491505100009000500
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced
Lot
- Lot size: 3.07 Acres
- Features: City Lot,Cul-De-Sac,Irregular Lot,Not In Subdivision,Mature Trees
Parking
- Total spaces: 4
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
- Heat Wave
- Strong Wind
- Tornado
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 | $2,477 | $29,724 |
| Home Insurance * | $321 | $3,852 |
| Property Taxes | $464 | $5,568 |
| Electricity | $1,087 | $13,046 |
| Total | $4,349 | $52,188 |
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 |
|---|---|---|
| 2026-04-02 | Price change | $500,000 |
| 2026-02-27 | Listed for sale | $550,000 |
| 2024-03-05 | Sold | $300,700 |
| 2024-02-20 | Pending sale | $330,000 |
| 2024-02-12 | Listed for sale | $330,000 |
| 2024-01-09 | Pending sale | $330,000 |
| 2023-11-30 | Price change | $330,000 |
| 2023-10-04 | Listed for sale | $350,000 |
| 2020-12-14 | Sold | $5,500 |
| 2015-10-21 | Sold | $44,000 |
| 2014-11-22 | Listed for sale | $69,900 |
| 2014-10-08 | Listing removed | $69,900 |
| 2012-08-17 | Listed for sale | $125,000 |
| 2011-01-18 | Listing removed | $125,000 |
| 2009-06-13 | Listed for sale | $125,000 |
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