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7407 Leatherwood Dr, Indianapolis, IN, 46259

5beds
3baths
2,917sqft
$409,990
$141price/sqft
$2,831/moest. monthly cost
$113,240/yrincome needed

About This Home

Welcome to the Liberty, a beautiful two-story home located in the heart of Indianapolis built by Beazer Homes. This stunning new construction home features 5 beds and 3 baths, offering ample space for comfortable living. The 2,829 sq ft layout includes a spacious living room, a modern kitchen with 3cm quartz countertops, a gas cooktop, and a cozy dining area. The primary suite boasts a spacious bedroom, tiled shower and a very large walk-in closet, while the additional bedrooms provide plenty of room for family or guests. Step outside to enjoy the 12x10 patio on the 1/4 acre lot, perfect for entertaining or relaxing. Additional highlights include a backyard pond view, a fireplace in the great room and a 3-car Garage. Located in the desirable Crossroads at Southport neighborhood, this home is close to shopping, dining, and highway access, making it an ideal choice for those seeking convenience and comfort. Beazer Homes is proud to be America's #1 Energy-Efficient homebuilder. In 2024, our homes achieved an average net HERS score of 37 (including solar) and a gross HERS score of 42-the lowest publicly reported scores among the top 30 U.S. homebuilders identified by Builder Magazine's Top 100 list (ranked by 2024 closings). Take advantage of our special buyer incentives which may include closing costs, design studio upgrades, FLEX dollars, and more. Learn more about how you can benefit from these exclusive offers.

Getting Around

3
WalkingCar-Dependent
0
TransitNo Nearby Transit
25
BikeSomewhat Bikeable

Schools

8/10
7/10
9/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter,Slab
  • Construction materials: Vinyl With Brick

Other

  • Builder name: Beazer Homes

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,ENERGY STAR Qualified Water Heater,Electric Water Heater,Disposal,Microwave

Bedroom2

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

Bedroom3

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

Bedroom4

  • Level: Upper
  • Area: 140
  • Dimensions: 14x10

Bedroom5

  • Level: Main
  • Area: 156
  • Dimensions: 12x13

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Breakfast Room

  • Level: Main
  • Area: 150
  • Dimensions: 10x15

Features

  • Entrance Foyer,Wired for Data,Pantry,Smart Thermostat,Walk-In Closet(s)
  • Window features: Wood Work Painted
  • Number of fireplaces: 1
  • Fireplace features: Gas Starter
  • Fireplace: Yes

Foyer

  • Level: Main
  • Area: 78
  • Dimensions: 6x13

Great Room

  • Level: Main
  • Area: 255
  • Dimensions: 17x15

Heating & Cooling

  • Heating features: Electric,High Efficiency (90%+ AFUE )
  • Cooling features: Central Air,Heat Pump,High Efficiency (SEER 16 +)

Interior Area

  • Total structure area: 2,917
  • Total interior livable area: 2,917 sqft

Kitchen

  • Level: Main
  • Area: 176
  • Dimensions: 11x16

Loft

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

Master Bedroom

  • Level: Upper
  • Area: 224
  • Dimensions: 14x16

Property

Details

  • Parcel number: 491618120002053300
  • Horse amenities: None

Features

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

Lot

  • Lot size: 9,147 sqft
  • Features: Curbs,Sidewalks,Storm Sewer,Street Lights

Parking

  • Total spaces: 3
  • Parking features: Attached,Concrete
  • 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

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

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tornado
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 $2,073$24,876
Home Insurance *$187$2,244
Property Taxes $304$3,648
Electricity $267$3,208
Total$2,831$33,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,062/yr
40% on housing$84,930/yr
45% on housing$75,493/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

$141This listing

vs Other Active Listings

Avg $/sqft

ZIP 46259$159
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46259$139
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
2026-04-23Price change$438,990
2026-03-27Price change$439,990
2026-02-19Price change$446,990
2025-12-10Listed for sale$447,990
2025-05-12Listing removed$363,990
2025-05-05Price change$363,990
2025-03-12Listed for sale$359,990

New Construction Spec

AgentErika Frantz
BrokerageBerkshire Hathaway Home

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