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1036 Spanish Lake Dr, Avon, IN, 46123

4beds
3baths
2,872sqft
$375,000
$131price/sqft
$2,665/moest. monthly cost
$106,600/yrincome needed

About This Home

Welcome to your own private retreat in Avon. This beautifully updated 4-bedroom, 2.5-bath home sits on a premium pond lot with a fully fenced backyard, offering peaceful water views and the kind of privacy that's hard to find. From the moment you walk through the door, you'll notice the impressive two-story entry, arched doorways, and bright, open feel throughout. The main living space features a wood-burning fireplace and an easy flow into the kitchen and breakfast area, perfect for everyday living or hosting family and friends. Upstairs, the spacious primary suite , complete with a private sitting room/flex room, a large walk-in closet, double vanities, a garden tub, and separate shower. Three additional bedrooms provide plenty of space for family & guests. Step outside and enjoy one of the home's standout features. The backyard is set up for both relaxing and entertaining with a large patio, decorative paver area, fire pit, and beautiful pond views. Some major updates have already been taken care of for you, including fresh interior paint, new flooring in primary bedroom & office, updated lighting, plumbing improvements, stove/oven, refrigerator, washer & dryer less than 1 year old. Home has neighborhood amenities that include a pool, playground, basketball court, and fishing pond, this home offers the perfect blend of comfort, convenience, and lifestyle.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

7/10
10/10
Avon Middle School NorthGrades 7-82.4 mi
10/10
Avon High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 1999

Materials

  • Foundation: Slab
  • Construction materials: Brick,Cement Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Electric Oven,Refrigerator

Bedroom2

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

Bedroom3

  • Level: Upper
  • Area: 132
  • Dimensions: 12x11

Bedroom4

  • Level: Upper
  • Area: 132
  • Dimensions: 12x11

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Bonus Room

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

Breakfast Room

  • Level: Main
  • Area: 120
  • Dimensions: 15x8

Dining Room

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Family Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 224
  • Dimensions: 16x14

Features

  • Attic Access,Breakfast Bar,Cathedral Ceiling(s),High Ceilings,Pantry,Walk-In Closet(s)
  • Window features: Wood Work Painted
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Attic: Access Only

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,872
  • Total interior livable area: 2,872 sqft

Kitchen

  • Level: Main
  • Area: 135
  • Dimensions: 15x9

Laundry

  • Level: Main
  • Area: 56
  • Dimensions: 8x7

Living Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Master Bedroom

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

Office

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

Property

Details

  • Parcel number: 320736465002000022
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Fenced,Full

Lot

  • Lot size: 0.28 Acres
  • Features: Corner Lot,Sidewalks,Street Lights,Mature Trees

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 WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

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

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 $1,896$22,752
Home Insurance *$177$2,124
Property Taxes $329$3,948
Electricity $263$3,159
Total$2,665$31,980
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,371/yr
40% on housing$79,950/yr
45% on housing$71,066/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: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$131This listing

vs Other Active Listings

Avg $/sqft

ZIP 46123$146
Hendricks County$150

vs Homes Sold Last Month

Median $/sqft

ZIP 46123$151
Hendricks County$159

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
2026-04-18Price change$395,000
2026-04-16Listed for sale$420,000
2025-05-05Sold$300,000
2025-02-21Pending sale$354,900
2025-01-21Price change$354,900
2024-12-17Listed for sale$374,900
2010-05-03Sold$190,000
2010-03-20Price change$190,000
2010-02-17Price change$195,000
2009-10-09Price change$200,000
2009-08-26Listed for sale$209,900
2000-12-07Sold$189,900

For Sale by Agent

AgentAmber Russell
BrokerageKeller Williams Indy Metro NE

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