5061 Richard Dr, Lowell, IN, 46356
About This Home
NOT YET BUILT, this is our SHERMAN model. This two-story home features four bedrooms upstairs each with a walk-in closet, PLUS an additional MAIN FLOOR, FIFTH bedroom/flex room. The upper level primary bedroom has a tray ceiling, walk-in closet, and ensuite bathroom. Additionally, there is an upper-level loft area, perfect for a small study space or sitting area plus a separate laundry room, conveniently located to the bedrooms. The main level features an open concept living space, spacious living room with glass sliding doors for immediate access to the patio area, gorgeous kitchen with maple, soft close cabinetry (options exist for painted cabinetry), crown molding, GRANITE, pantry and kitchen island. Additional features include brushed nickel or black hardware and lighting packages, QUARTZ TOPS in the bathrooms, and one PAINT color included. Also featured is a TASTEFUL BOARD AND BATTEN/vinyl finish, concrete PATIO, full LANDSCAPE package, attached garage with openers installed, and BUILDER WARRANTY. Many options for customization of our 18 floor plans are possible to include structural changes such as a 3 car garage, 5' garage extension, slab, or basement options, as well as for other finishes such as for a fireplace, custom tile shower, exterior masonry, etc. Photos are of a previously built home.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: To Be Built
- New construction: Yes
- Year built: 2026
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: None
- Laundry features: Gas Dryer Hookup,Washer Hookup,Laundry Room
Basement
- Has basement: Yes
- Basement: Bath/Stubbed,Unfinished,Sump Pump,Interior Entry,Full
Bedroom2
- Area: 143
- Dimensions: 13.0 x 11.0
Bedroom3
- Area: 180
- Dimensions: 15.0 x 12.0
Bedroom4
- Area: 154
- Dimensions: 14.0 x 11.0
Bedroom5
- Area: 143
- Dimensions: 13.0 x 11.0
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Dining Room
- Area: 180
- Dimensions: 15.0 x 12.0
Features
- Cathedral Ceiling(s),Walk-In Closet(s),Tray Ceiling(s),Recessed Lighting,Pantry,Open Floorplan,Kitchen Island,Granite Counters,Ceiling Fan(s)
- Window features: Insulated Windows
- Finished area above ground: 2,576
Heating
- Heating features: ENERGY STAR Qualified Equipment,Natural Gas,Forced Air
Interior Area
- Total structure area: 2,576
- Total interior livable area: 2,576 sqft
Kitchen
- Area: 210
- Dimensions: 15.0 x 14.0
Laundry
- Area: 72
- Dimensions: 9.0 x 8.0
Living Room
- Area: 240
- Dimensions: 16.0 x 15.0
Primary Bedroom
- Area: 225
- Dimensions: 15.0 x 15.0
Property
Details
- Parcel number: Tbd
- Zoning description: residential
- Special condition: None
Features
- Levels: Two
- Pool features: None
- Patio & porch: Covered,Porch,Patio,Front Porch
- Exterior features: Lighting,Rain Gutters
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 0.25 Acres
- Features: Back Yard,Rectangular Lot,Landscaped,Front Yard
Parking
- Total spaces: 2.5
- Parking features: Attached,Garage Faces Front,Driveway,Concrete,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2.5
- Covered spaces: 2.5
- 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
- Cold Wave
- Tornado
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
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 | $2,305 | $27,660 |
| Home Insurance * | $210 | $2,520 |
| Property Taxes | $353 | $4,236 |
| Electricity | $236 | $2,833 |
| Total | $3,104 | $37,248 |
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 |
|---|---|---|
| 2026-04-14 | Listed for sale | $448,900 |
View on Zillow