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27 Forrests Edge Ct, Indianapolis, IN, 46227

5beds
8baths
9,625sqft
$1,400,000
$145price/sqft
$10,268/moest. monthly cost
$410,720/yrincome needed

About This Home

NO HOA, nearly 3 acres, and more space than you will know what to do with! Easily accessible from Banta Rd or SR 135, this huge white house offers 6,925 square feet of living space, plus a 2,700-square-foot finished basement, with 5 bedrooms and 8 bathrooms. The main level includes a formal dining room, eat-in kitchen, a bedroom suite currently used as a den, a formal living room, spacious great room, huge sunroom, and even a separate laundry area for pool towels. The kitchen features new countertops, double ovens, a cooktop with a pop-up vent, and a massive island with plenty of room to gather. Upstairs, you will find 4 bedrooms, 4 full bathrooms, a game room, and a laundry room conveniently located just off the primary suite. The finished basement is ready for game days, workouts, dancing, entertaining, or relaxing at the full bar. Outside is where this property really sets itself apart, with an in-ground pool and slide, private tennis court, full basketball court, and additional land with room for a barn, guest house, or in-law quarters. Whether you love to entertain or simply want room to spread out, this is one you need to see in person. Tour this unique gem today!

Getting Around

14
WalkingCar-Dependent
20
TransitMinimal Transit
34
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1961

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Cooktop,Dishwasher,Down Draft,Electric Water Heater,Disposal,Microwave,Oven,Double Oven,Refrigerator
  • Laundry features: Main Level,Upper Level

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom2

  • Level: Main
  • Area: 238
  • Dimensions: 17x14

Bedroom3

  • Level: Upper
  • Area: 300
  • Dimensions: 20x15

Bedroom5

  • Level: Upper
  • Area: 255
  • Dimensions: 17X15

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 8
  • Full bathrooms: 6
  • 1/2 bathrooms: 2
  • Main level bathrooms: 3
  • Main level bedrooms: 1

Breakfast Room

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

Dining Room

  • Level: Main
  • Area: 476
  • Dimensions: 28x17

Exercise Room

  • Level: Basement
  • Area: 442
  • Dimensions: 26x17

Family Room

  • Level: Main
  • Area: 552
  • Dimensions: 24x23

Features

  • Attic Access,Built-in Features,Cathedral Ceiling(s),Kitchen Island,Central Vacuum,Entrance Foyer,Ceiling Fan(s),Hardwood Floors,High Speed Internet,Pantry,Walk-In Closet(s),Wet Bar
  • Flooring: Hardwood
  • Number of fireplaces: 4
  • Fireplace features: Bedroom,Family Room,Living Room,Primary Bedroom
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 2,700

Great Room

  • Level: Basement
  • Area: 608
  • Dimensions: 38x16

Heating & Cooling

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

Interior Area

  • Total structure area: 9,625
  • Total interior livable area: 9,625 sqft

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 221
  • Dimensions: 17x13

Living Room

  • Level: Main
  • Area: 476
  • Dimensions: 28x17

Master Bedroom

  • Level: Upper
  • Area: 459
  • Dimensions: 27x17

Master Bedroom

  • Level: Upper
  • Area: 340
  • Dimensions: 20x17

Play Room

  • Level: Basement
  • Area: 442
  • Dimensions: 26x17

Sun Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 450
  • Dimensions: 25x18

Property

Details

  • Parcel number: 491412111006000500
  • Other equipment: Intercom
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: In Ground
  • Patio & porch: Patio
  • Exterior features: Basketball Court,Lighting,Tennis Court(s),Other
  • Has spa: Yes
  • Spa features: In Ground
  • Fencing: Fenced,Partial

Lot

  • Lot size: 2.79 Acres
  • Features: Cul-De-Sac,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

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Cold Wave
Heat Wave
Lightning
Strong Wind
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 $7,079$84,948
Home Insurance *$919$11,028
Property Taxes $1,388$16,656
Electricity $882$10,587
Total$10,268$123,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$352,045/yr
40% on housing$308,040/yr
45% on housing$273,813/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

$145This listing

vs Other Active Listings

Avg $/sqft

ZIP 46227$104
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46227$138
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
2026-07-26Listed for sale$1,400,000
2025-11-20Listing removed$1,425,000
2025-11-05Price change$1,425,000
2025-09-25Price change$1,450,000
2025-09-11Listed for sale$1,500,000
2014-01-31Sold$465,000
2013-09-26Sold$470,000
2013-07-06Price change$510,000
2013-06-22Price change$525,000
2013-06-12Price change$550,000
2013-06-07Price change$525,000
2013-05-23Price change$550,000
2013-05-11Listed for sale$575,000
2010-11-24Listing removed$549,000
2010-04-03Listed for sale$549,000

For Sale by Agent

AgentShelly Johnson
BrokerageKeller Williams Indy Metro Partners

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