450 S Valley Ln, Greenwood, IN, 46142
About This Home
MOTIVIATED SELLER! Seller has reduced price $40k from original list price! This is a great value and a MUST SEE! Instant equity for a buyer. Premier Old Towne Greenwood Location. This property is selling for much less than appraised value and what the seller has already invested into it to make it completely move-in ready. This home may be in the best condition of any home located in the Old Towne Greenwood Area. Convenient and walkable to Downtown Greenwood area and the many restaurants and businesses in the area. Discover a brick single-family with a walk-out basement, offering 2552 total square feet of living space. Professionally landscape yard with 19 steps leading to a wonderful covered front porch with a majestic view of Valley Lane. Seller parks in a climate controlled 2 car attached garage and uses only 11 steps to reach the main level. This attractive property provides an immediate sense of home, designed for comfortable and convenient living. All updated and renovated in the past few years. Updates include: Kitchen, all bathrooms, electrical and wiring, all plumbing, HVAC, flooring (composite waterproof faux wood), added a 17x14 bathroom area to the Primary bedroom, finished basement to include a new bathroom and new bedroom, outside steps and wood deck, driveway, covered rear deck, and rear yard pavers...way too much to list. Please come see for yourself. This home is a pleasure to see. Large entry area as you come in from garage on lower level. Rear of home has a large gathering area with fenced rear yard. Seller added a 16x12 storage shed/workshop with 40 amp electrical service with four duplex outlets and overheard LED lighting. Lot size is .43 acres and affords room to spread out and privacy. 1 yr. Home Warranty available.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1951
Materials
- Foundation: Block,Full
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater,Gas Oven,Range Hood,Refrigerator
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Daylight,Egress Window(s),Finished,Walk-Out Access
Bedroom2
- Level: Main
- Area: 132
- Dimensions: 12x11
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Dining Room
- Level: Main
- Area: 156
- Dimensions: 13x12
Features
- High Speed Internet,Walk-In Closet(s)
- Window features: Wood Work Painted
- Finished area below ground: 828
Heating & Cooling
- Heating features: Baseboard,Hot Water,Natural Gas
- Cooling features: Central Air,Attic Fan
Interior Area
- Total structure area: 2,552
- Total interior livable area: 2,552 sqft
Kitchen
- Level: Main
- Area: 156
- Dimensions: 13x12
Living Room
- Level: Main
- Area: 336
- Dimensions: 24x14
Master Bedroom
- Level: Main
- Area: 180
- Dimensions: 15x12
Sun Room
- Level: Main
- Area: 154
- Dimensions: 14x11
Property
Details
- Parcel number: 410232021027000026
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio,Covered
- Fencing: Fenced,Full
Lot
- Lot size: 0.43 Acres
- Features: Not In Subdivision,Mature Trees
Parking
- Total spaces: 2
- Parking features: Asphalt,Attached,Garage Door Opener,Heated Garage
- 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
- Tornado
- Strong Wind
- Winter Weather
- Cold Wave
- Earthquake
- Hail
- Inland Flooding
- Lightning
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 | $2,199 | $26,388 |
| Home Insurance * | $240 | $2,880 |
| Property Taxes | $168 | $2,016 |
| Electricity | $233 | $2,807 |
| Total | $2,840 | $34,080 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
WildfireHailWindHow 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 |
|---|---|---|
| 2026-08-15 | Price change | $424,900 |
| 2026-08-12 | Price change | $429,900 |
| 2026-08-03 | Price change | $434,900 |
| 2026-07-24 | Price change | $444,900 |
| 2026-07-20 | Price change | $449,900 |
| 2026-07-13 | Price change | $459,000 |
| 2026-07-06 | Listed for sale | $465,000 |
| 2019-10-11 | Sold | $165,500 |
| 2019-08-21 | Pending sale | $167,000 |
| 2019-08-19 | Listed for sale | $167,000 |
View on Zillow