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438 Griffin Rd, Indianapolis, IN, 46227

3beds
2baths
3,019sqft
$385,000
$128price/sqft
$2,882/moest. monthly cost
$115,280/yrincome needed

About This Home

A beautifully maintained, highly upgraded home in Perry Township awaits your viewing. The amount of space and spaces is astounding. If you require additional space for a home business, hobby areas, or large gatherings, you will not find another home like this. The owners have had fifty guests at one time, and it did not feel crowded. Or perhaps you are downsizing, but still want to keep much of your current furnishings and belongings. This home is for you. Whatever your needs, this home can fulfill them. Note the details and high-end finishes throughout the home. No expense was spared during renovations and updates...i.e., Cambria countertops, custom cabinetry in kitchen and baths, solid wood panel doors and trim, best quality exterior doors, heated floors in the primary bath, and an 11x9 cedar lined walk-in primary closet (the other primary closet is also cedar). The 27x18 sunroom is unbelievable...you've not seen anything like it in this price range and neighborhood. Never fear the dark with a whole-house emergency generator, and the entire house is surge-protected. From the incredibly beautiful and grand sunroom to the two additional living/work/entertainment spaces, you will fall in love with this home, just like the seller, who has spent years of blood, sweat, and tears updating and maintaining it since 1992. Schedule a showing today, you will never find another home like this one!

Getting Around

37
WalkingCar-Dependent
21
TransitMinimal Transit
39
BikeSomewhat Bikeable

Schools

7/10
9/10

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Block
  • Construction materials: Cement Siding,Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Water Heater,MicroHood,Electric Oven,Refrigerator

Bedroom2

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

Bedroom3

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Bonus Room

  • Level: Main
  • Area: 299
  • Dimensions: 23x13

Dining Room

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Family Room

  • Level: Main
  • Area: 300
  • Dimensions: 25x12

Features

  • Attic Pull Down Stairs,Ceiling Fan(s)
  • Window features: Wood Work Stained
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Attic: Pull Down Stairs

Heating & Cooling

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

Interior Area

  • Total structure area: 3,019
  • Total interior livable area: 3,019 sqft

Kitchen

  • Level: Main
  • Area: 200
  • Dimensions: 20x10

Living Room

  • Level: Main
  • Area: 270
  • Dimensions: 18x15

Master Bedroom

  • Level: Main
  • Area: 336
  • Dimensions: 21x16

Office

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 276
  • Dimensions: 23x12

Sun Room

  • Features: Other
  • Level: Main
  • Area: 486
  • Dimensions: 27x18

Property

Accessibility

  • Accessibility features: Hallway - 36 Inch Wide,Accessible Full Bath

Details

  • Parcel number: 491413128076000500
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio
  • Exterior features: Storage
  • Has spa: Yes
  • Spa features: Fiberglass,Heated

Lot

  • Lot size: 0.39 Acres
  • Features: Storm Sewer

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Inland Flooding
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 $1,946$23,352
Home Insurance *$252$3,024
Property Taxes $408$4,896
Electricity $276$3,320
Total$2,882$34,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,811/yr
40% on housing$86,460/yr
45% on housing$76,853/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

$128This 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
2026-04-25Listed for sale$399,000

For Sale by Agent

AgentBen Mobley
BrokerageCarpenter, REALTORS®

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