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400 Orchard Ln, Greenwood, IN, 46142

2beds
1baths
1,848sqft
$255,000
$138price/sqft
$1,772/moest. monthly cost
$70,880/yrincome needed

About This Home

Tucked away in an established area of downtown Greenwood, 400 Orchard Lane offers the freedom and flexibility that is often sought but rarely found. This charming 2-bedroom, 1-bath home features a basement that adds a valuable, versatile space beyond the main level. Currently used as a theater and entertainment room, it's the perfect spot for movie nights, watching the big game, a home gym, playroom, or whatever best fits your lifestyle. The main living space includes updates and original charm, such as beautiful hardwood flooring throughout the living room and bedrooms, and an upgraded kitchen featuring stainless steel appliances. Outside, the spacious backyard provides plenty of room to relax, entertain, garden, or let pets roam. Whether you're hosting summer cookouts or simply enjoying an evening outdoors, you'll appreciate the extra space! Location is everything, and this home delivers. You'll be just minutes from Greenwood's popular shopping, dining, grocery stores, parks, and everyday conveniences, with quick access to major roadways for an easy commute. If you've been searching for a home with a great yard, versatile extra space, no HOA, and an unbeatable Greenwood location, 400 Orchard Lane deserves a spot at the top of your list.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
68
BikeBikeable

Schools

9/10
7/10
Greenwood Middle SchoolGrades 6-81.0 mi
6/10

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Block
  • Construction materials: Block,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Electric Oven,Refrigerator
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Unfinished

Bedroom2

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

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Ceiling Fan(s),Hardwood Floors,Eat-in Kitchen,Smart Thermostat
  • Flooring: Hardwood
  • Finished area below ground: 0

Heating & Cooling

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

Interior Area

  • Total structure area: 1,848
  • Total interior livable area: 1,848 sqft

Kitchen

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 169
  • Dimensions: 13x13

Laundry

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 81
  • Dimensions: 9x9

Living Room

  • Level: Main
  • Area: 260
  • Dimensions: 20x13

Master Bedroom

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

Property

Details

  • Parcel number: 410232034036000026
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.37 Acres

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather
Cold Wave
Hail
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

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 $1,289$15,468
Home Insurance *$140$1,680
Property Taxes $159$1,908
Electricity $184$2,212
Total$1,772$21,264
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,754/yr
40% on housing$53,160/yr
45% on housing$47,253/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: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 4.7%
4.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$138This listing

vs Other Active Listings

Avg $/sqft

ZIP 46142$125
Johnson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 46142$164
Johnson County$151

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
2026-06-18Listed for sale$255,000
2025-01-22Sold$249,900
2024-12-09Pending sale$249,900
2024-11-01Listed for sale$249,900
2019-05-17Sold$158,000
2019-04-14Pending sale$154,900
2019-04-13Listed for sale$154,900
2013-10-19Listing removed$78,000
2013-10-18Sold$75,000
2013-02-06Listed for sale$78,000

For Sale by Agent

AgentKasey Sowders
Brokerage1 Percent Lists Indiana Real Estate

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