1945 Northwood Dr, Indianapolis, IN, 46240
About This Home
Welcome to your dream retreat in the desirable Northern Hills! This luxurious 7-bedroom, 6.5-bathroom masterpiece boasts a sprawling 6,225 square feet of exquisite living space, perfectly situated atop the hill at the end of the street. As you approach, admire the tree canopy that frames the home, inviting you into a realm of elegance and comfort. Step inside to discover the expansive primary suite conveniently located on the main level, ensuring maximum convenience and privacy. The impressive family room features soaring 11' ceilings and a cozy fireplace, setting the perfect ambiance for gatherings. The heart of the home is undoubtedly the open kitchen, showcasing a magnificent 11' island along with high-end appliances that will excite any culinary enthusiast. Host memorable dinners in the sophisticated dining room adorned with ornate coffered ceilings. Experience outdoor living on your covered deck, complete with a charming fireplace that overlooks the private backyard and beyond. Upstairs, find three spacious bedrooms, each equipped with its own bathroom and generous walk-in closet, offering comfort and convenience for all. The walk-out basement is a true delight, featuring two additional bedrooms, a wet bar for entertaining, an energizing exercise room, and a vast recreational area filled with potential. This stunning home harmonizes grandeur with warmth, creating the ultimate sanctuary for anyone seeking luxury and style.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Concrete Perimeter
- Construction materials: Brick,Cement Siding
Other
- Builder name: Drees Premier Homes
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Gas Cooktop,Dishwasher,Disposal,Gas Water Heater,Microwave,Oven,Range Hood
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Ceiling - 9+ feet,Egress Window(s),Exterior Entry,Partially Finished,Walk-Out Access
Bedroom2
- Level: Upper
- Area: 225
- Dimensions: 15x15
Bedroom3
- Level: Upper
- Area: 196
- Dimensions: 14x14
Bedroom4
- Level: Upper
- Area: 225
- Dimensions: 15x15
Bedroom5
- Level: Main
- Area: 165
- Dimensions: 15x11
Bedroom6
- Level: Basement
- Area: 168
- Dimensions: 14x12
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Exercise Room
- Features: Other
- Level: Basement
- Area: 182
- Dimensions: 14x13
Family Room
- Level: Main
- Area: 399
- Dimensions: 21x19
Features
- Kitchen Island,Entrance Foyer,Hardwood Floors,Eat-in Kitchen,Walk-In Closet(s)
- Window features: Wood Work Painted
- Flooring: Hardwood
- Number of fireplaces: 2
- Fireplace features: Family Room,Gas Log,Hearth Room
- Fireplace: Yes
- Finished area below ground: 2,278
Foyer
- Level: Main
- Area: 98
- Dimensions: 7x14
Hearth Room
- Level: Main
- Area: 312
- Dimensions: 24x13
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 6,681
- Total interior livable area: 6,681 sqft
Kitchen
- Level: Main
- Area: 224
- Dimensions: 16x14
Laundry
- Level: Main
- Area: 132
- Dimensions: 11x12
Master Bedroom
- Level: Main
- Area: 270
- Dimensions: 18x15
Other
- Level: Basement
- Area: 154
- Dimensions: 14x11
Play Room
- Level: Basement
- Area: 1189
- Dimensions: 41x29
Property
Details
- Parcel number: 490324115068000800
- Special condition: Sales Disclosure Not Required
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Deck
- Exterior features: Balcony
Lot
- Lot size: 0.48 Acres
- Features: Corner Lot,Mature Trees,Wooded
Parking
- Total spaces: 4
- Parking features: Attached
- 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
- Inland Flooding
- Tornado
- Cold Wave
- Heat Wave
- Lightning
- Strong Wind
- Winter Weather
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 | $8,848 | $106,176 |
| Home Insurance * | $969 | $11,628 |
| Property Taxes | $3,644 | $43,728 |
| Electricity | $612 | $7,349 |
| Total | $14,073 | $168,876 |
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 |
|---|---|---|
| 2026-07-17 | Listed for sale | $1,750,000 |
| 2025-12-03 | Sold | $408,000 |
| 2020-10-02 | Sold | $258,900 |
| 2020-08-20 | Pending sale | $264,900 |
| 2020-08-12 | Price change | $264,900 |
| 2020-08-10 | Price change | $267,500 |
| 2020-08-06 | Price change | $269,900 |
| 2020-07-30 | Price change | $272,500 |
| 2020-07-28 | Price change | $275,000 |
| 2020-07-20 | Price change | $280,000 |
| 2020-07-16 | Price change | $282,500 |
| 2020-07-13 | Price change | $285,000 |
| 2020-07-09 | Price change | $287,500 |
| 2020-07-06 | Price change | $290,000 |
| 2020-07-01 | Price change | $295,000 |
| 2020-06-25 | Price change | $297,500 |
| 2020-05-05 | Price change | $315,000 |
| 2020-05-01 | Price change | $299,000 |
| 2020-04-06 | Listed for sale | $315,000 |
| 2017-05-30 | Sold | $235,000 |
| 2017-05-04 | Listed for sale | $250,000 |
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