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3712 Ivory Way, Indianapolis, IN, 46227

4beds
3baths
1,872sqft
$289,000
$154price/sqft
$2,168/moest. monthly cost
$86,720/yrincome needed

About This Home

Welcome home to this beautifully updated stone two-story offering timeless character, spacious living areas, and a location that makes everyday life convenient. Situated just minutes from I-65 for an easy commute to downtown Indianapolis and close to all the shopping, dining, and amenities Greenwood has to offer, this home combines comfort, charm, and accessibility in one incredible package. From the moment you arrive, the striking stone exterior, inviting pergola-covered front entry, and vibrant front door create unforgettable curb appeal. Inside, you'll love the warm hardwood floors, neutral paint, and bright open spaces throughout. The oversized living room provides the perfect gathering space with a stunning fireplace flanked by custom built-ins, creating a cozy focal point for relaxing evenings at home. A separate family room offers additional flexibility for entertaining, a playroom, home office, or second living area. The large eat-in kitchen has been tastefully updated with beautiful dove gray cabinetry, modern countertops, stainless steel appliances, tile backsplash, and abundant workspace. There is plenty of room for a large dining table, making it ideal for hosting family dinners, holiday gatherings, and entertaining guests. Spacious bedrooms and updated finishes throughout give this home a move-in ready feel while still maintaining its unique character and charm. Step outside to enjoy the large backyard featuring an open patio area and fire pit perfect for summer cookouts, evenings with friends, or simply relaxing under the mature trees. The backyard also includes additional storage sheds and plenty of room for gardening, pets, or outdoor activities. With multiple living spaces, stylish updates, beautiful outdoor areas, and an unbeatable location near Greenwood and downtown Indianapolis access, this home offers the perfect blend of functionality, warmth, and convenience.

Getting Around

9
WalkingCar-Dependent
0
TransitNo Nearby Transit
27
BikeSomewhat Bikeable

Schools

7/10
6/10
4/10
Southport High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1974

Materials

  • Foundation: Crawl Space
  • Construction materials: Stone

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Disposal,Microwave,Electric Oven,Refrigerator,Washer,Water Softener Owned
  • Laundry features: Main Level

Bedroom2

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Bedroom3

  • Level: Upper
  • Area: 110
  • Dimensions: 10x11

Bedroom4

  • Level: Upper
  • Area: 110
  • Dimensions: 11x10

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 140
  • Dimensions: 10x14

Features

  • Ceiling Fan(s),High Speed Internet
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Living Room
  • Fireplace: Yes

Foyer

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 44
  • Dimensions: 4x11

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,872
  • Total interior livable area: 1,872 sqft

Kitchen

  • Level: Main
  • Area: 108
  • Dimensions: 9x12

Laundry

  • Level: Main
  • Area: 35
  • Dimensions: 5x7

Living Room

  • Level: Main
  • Area: 276
  • Dimensions: 12x23

Master Bedroom

  • Level: Upper
  • Area: 192
  • Dimensions: 12x16

Utility Room

  • Level: Main
  • Area: 20
  • Dimensions: 4x5

Property

Details

  • Parcel number: 491517112018000500
  • Special condition: Sales Disclosure Supplements
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Porch

Lot

  • Lot size: 0.30 Acres
  • Features: Corner Lot,Mature Trees

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete
  • 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 WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado

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 $1,461$17,532
Home Insurance *$189$2,268
Property Taxes $334$4,008
Electricity $184$2,212
Total$2,168$26,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$74,331/yr
40% on housing$65,040/yr
45% on housing$57,813/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

$154This 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)

No zestimate history available

Price History

DateEventPrice
2026-08-12Pending sale$289,000
2026-08-03Listed for sale$289,000
2026-07-14Pending sale$289,000
2026-07-10Listed for sale$289,000
2026-06-25Pending sale$289,000
2026-06-15Price change$289,000
2026-05-15Listed for sale$294,500

For Sale by Agent

AgentCindy Stockhaus
BrokerageBetter Homes and Gardens Real Estate Gold Key

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