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22006 Oak Ridge Rd, Sheridan, IN, 46069

4beds
3baths
2,634sqft
$3,360,600
$1,276price/sqft
$21,727/moest. monthly cost
$869,080/yrincome needed

About This Home

Attention Investors! Over 56 acres of prime agricultural farmland. This property offers significant potential for a strategic investor, given its proximity to Grand Park and Skylake Adventure Water Park, and is minutes from downtown Indianapolis and the Airport. The acreage includes a 2,000-square-foot residence, outbuildings, and mature trees, providing a versatile foundation for various high-value uses. Given the rapid development in the surrounding area, this land represents a rare opportunity with substantial upside.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

7/10
8/10
Sheridan Middle SchoolGrades 6-84.1 mi
8/10
Sheridan High SchoolGrades 9-124.1 mi

Construction

Condition

  • Year built: 1978

Materials

  • Foundation: Block
  • Construction materials: Vinyl With Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Cooktop,Electric Water Heater,Exhaust Fan,Double Oven,Refrigerator

Basement

  • Has basement: Yes

Bedroom2

  • Level: Main
  • Area: 256
  • Dimensions: 16x16

Bedroom3

  • Level: Main
  • Area: 256
  • Dimensions: 16x16

Bedroom4

  • Level: Main
  • Area: 192
  • Dimensions: 12x16

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 3
  • Main level bedrooms: 4

Breakfast Room

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

Features

  • Attic Access,Attic Pull Down Stairs,Eat-in Kitchen
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Attic: Access Only,Pull Down Stairs
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,634
  • Total interior livable area: 2,634 sqft

Kitchen

  • Level: Main
  • Area: 165
  • Dimensions: 11x15

Living Room

  • Level: Main
  • Area: 420
  • Dimensions: 21x20

Master Bedroom

  • Level: Main
  • Area: 240
  • Dimensions: 16x15

Property

Details

  • Parcel number: 290511000013001001
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 56.10 Acres

Parking

  • Total spaces: 3
  • Parking features: Attached,Converted Garage,Detached,Storage
  • 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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Inland Flooding
Winter Weather
Drought
Hail
Heat Wave
Lightning
Strong Wind

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 $16,993$203,916
Home Insurance *$1,777$21,324
Property Taxes $2,716$32,592
Electricity $241$2,897
Total$21,727$260,724
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$744,925/yr
40% on housing$651,810/yr
45% on housing$579,386/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,276This listing

vs Other Active Listings

Avg $/sqft

ZIP 46069$162
Hamilton County$200

vs Homes Sold Last Month

Median $/sqft

ZIP 46069$176
Hamilton County$171

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
2026-06-05Listed for sale$3,360,600

For Sale by Agent

AgentWarren Griffin
BrokerageeXp Realty LLC

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