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7136 Independence Way, Charlestown, IN, 47111

5beds
3baths
3,493sqft
$520,000
$149price/sqft
$3,582/moest. monthly cost
$143,280/yrincome needed

About This Home

Welcome to 7136 Independence Way in Charlestown! This spacious and meticulously maintained home offers 5 bedrooms, 3 full bathrooms, and a 3-car garage, providing plenty of room for family, guests, and storage. The main floor features all-new carpet, creating a fresh and inviting feel throughout. The kitchen is equipped with a beautiful gas cooktop and a large pantry. Downstairs, you'll find a huge amount of finished living space, including two additional bedrooms and an additional non-conforming room that would make a great office, workout room, playroom, or hobby space. The home also includes a water softener and RainSoft system. Step outside to enjoy the beautiful fenced backyard, perfect for entertaining, relaxing, or letting kids and pets play. Located just steps from Heritage Place Family Park, this home combines space, comfort, and an outstanding Charlestown location. Sq ft & rm sz approx.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

8/10
5/10

Construction

Condition

  • Property condition: Resale
  • Year built: 2021

Materials

  • Foundation: Poured
  • Roof: Shingle
  • Construction materials: Hardboard,Stone,Frame,HardiPlank Type

Type & Style

  • Home type: SingleFamily
  • Architectural style: One Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Oven,Range
  • Laundry features: Main Level,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Daylight,Full,Finished

Bedroom

  • Level: First
  • Dimensions: 11 x 12

Bedroom

  • Level: First
  • Dimensions: 11 x 12

Bedroom

  • Level: Lower
  • Dimensions: 13 x 14

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Level: First
  • Dimensions: 10.8 x 9.7

Family Room

  • Level: Lower
  • Dimensions: 20 x 30

Features

  • Ceiling Fan(s),Kitchen Island,Bath in Primary Bedroom,Main Level Primary,Mud Room,Open Floorplan,Pantry,Split Bedrooms,Cable TV,Utility Room,Vaulted Ceiling(s),Walk-In Closet(s),Window Treatments
  • Window features: Blinds
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 1,700
  • Finished area above ground: 1,793

Heating & Cooling

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

Interior Area

  • Total structure area: 3,493
  • Total interior livable area: 3,493 sqft

Kitchen

  • Level: First
  • Dimensions: 11 x 14

Living Room

  • Level: First
  • Dimensions: 16 x 16

Master Bedroom

  • Level: First
  • Dimensions: 16.5 x 13.6

Other

  • Level: First
  • Dimensions: 9.6 x 11

Other

  • Level: First
  • Dimensions: 4.10 x 8.4

Other

  • Level: Lower
  • Dimensions: 8.6 x 5

Other

  • Level: First
  • Dimensions: 6.8 x 10

Property

Details

  • Parcel number: 101811400658000004
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Deck,Fence,Landscaping,Paved Driveway
  • Fencing: Yard Fenced

Lot

  • Lot size: 0.33 Acres
  • Lot size dimensions: see lot size

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

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

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Lightning
Inland Flooding
Ice Storm
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

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 $2,629$31,548
Home Insurance *$229$2,748
Property Taxes $404$4,848
Electricity $320$3,842
Total$3,582$42,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,811/yr
40% on housing$107,460/yr
45% on housing$95,520/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: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 6.3%
6.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$149This listing

vs Other Active Listings

Avg $/sqft

ZIP 47111$136
Clark County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 47111$167
Clark County$167

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
2026-08-17Price change$515,000
2026-07-27Price change$520,000
2026-07-10Price change$525,000
2026-06-02Listed for sale$530,000
2024-11-12Sold$447,400
2024-10-09Pending sale$465,000
2024-09-06Listed for sale$465,000
2024-08-23Pending sale$465,000
2024-08-12Price change$465,000
2024-07-20Listed for sale$475,000
2024-07-02Listing removed$475,000
2024-06-25Price change$475,000
2024-06-03Price change$485,000
2024-03-09Price change$495,000
2024-01-18Listed for sale$500,000

For Sale by Agent

AgentJordan Rajchel
BrokerageSchuler Bauer Real Estate Services ERA Powered (N

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