See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

3971 Waterfield Dr, Indianapolis, IN, 46235

3beds
3baths
1,581sqft
$225,000
$142price/sqft
$1,877/moest. monthly cost
$75,080/yrincome needed

About This Home

Getting Around

28
WalkingCar-Dependent
0
TransitNo Nearby Transit
37
BikeSomewhat Bikeable

Schools

5/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2001

Materials

  • Foundation: Slab
  • Construction materials: Vinyl With Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Oven,Range Hood,Electric Water Heater
  • Laundry features: Connections All

Bedroom2

  • Level: Upper
  • Area: 120
  • Dimensions: 12X10

Bedroom3

  • Level: Upper
  • Area: 100
  • Dimensions: 10X10

Bedrooms & Bathrooms

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

Features

  • Eat-in Kitchen

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,581
  • Total interior livable area: 1,581 sqft

Kitchen

  • Level: Main
  • Area: 190
  • Dimensions: 19X10

Living Room

  • Level: Main
  • Area: 300
  • Dimensions: 25X12

Loft

  • Features: Other
  • Level: Upper
  • Area: 120
  • Dimensions: 12x10

Master Bedroom

  • Level: Upper
  • Area: 195
  • Dimensions: 15x13

Property

Details

  • Parcel number: 490815103032000400
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Patio
  • Has view: Yes
  • On waterfront: Yes
  • Waterfront features: Pond

Lot

  • Lot size: 5,227 sqft
  • Features: City Lot,Curbs,Sidewalks,Storm Sewer

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
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado
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 $1,137$13,644
Home Insurance *$148$1,776
Property Taxes $408$4,896
Electricity $184$2,212
Total$1,877$22,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,354/yr
40% on housing$56,310/yr
45% on housing$50,053/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

$142This listing

vs Other Active Listings

Avg $/sqft

ZIP 46235$118
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46235$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)

Price History

DateEventPrice
2026-04-24Listed for sale$225,000
2026-04-02Pending sale$225,000
2026-02-23Listed for sale$225,000
2025-03-27Listing removed$1,595
2025-02-10Price change$1,595
2024-12-22Listed for rent$1,650
2024-11-01Listing removed$1,650
2024-10-12Listed for rent$1,650
2024-03-01Listing removed--
2024-01-07Listed for rent$1,575
2016-12-02Listing removed$1,195
2013-09-21Listing removed$1,025
2013-08-29Price change$1,025
2012-11-13Listed for rent$1,050
2009-04-08Sold$55,000
2005-04-13Sold$82,011

For Sale by Agent

AgentAngela Walker
BrokerageIndiana Property Group, LLC

Similar Homes