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$490,0004918 Palomino Trail
For Sale51 days on market

4918 Palomino Trail

Indianapolis, Indiana 46239

Big Run

$490,000

$499,000

Schedule a Showing

3

Beds

3

Baths

3,374

Sq Ft

1990

Year Built

0.55

Acres

Sheldon Barnes, Carmel Realtor

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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 4918 Palomino Trail in Big Run, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Great location in Big Run with beautiful pond view off the rear patio. Spacious 2 story great room with brick fireplace and many windows. Custom Kitchen with breakfast area and also a formal dining room, Hardwood floors & tile on the main floor living areas. Large master bedroom and master bath with whirlpool and shower. Large sunroom off master bedroom for your future hot tub or sauna. 3 Bedrooms down and a large bonus room upstairs that can be the 4th bedroom if needed. Lots of quality through out the home--Kitchen, floors, trim, windows, fixtures. Has both large covered porches on the front and rear at the patio pergola. Lots of Masonry Extras, fireplace, Pergola, bar and sink patio make a great area for entertaining. Large walk in unfinished attic area over the Garage for storage. Intercom System

Listed by David Baird· OK Baird, LLC· MLS# 22079021

Key things to know

  • Pond view from rear patio
  • 2-story great room with brick fireplace
  • Master suite with whirlpool tub and sunroom
  • Hardwood floors on main level
  • Covered front and rear porches with pergola

Browse by room

11 rooms · 38 photos

Monthly payment

Estimate · $490,000

$2,945/mo

$2,608 principal & interest · $317 tax · $21 HOA

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $98,000 on a loan of $392,000.

Price history

  1. Price reduced$499,000 → $490,000

    Apr 4, 2026

  2. Listedat $499,000

    Jan 9, 2026

Big Run · activity

past 6 months

Sold
6
Median price
$420,000
Median DOM
70 days

Comparative value

5 comps in this range

This home is 38% above median for similar nearby sales.

$315K$690KMedian $355K
$490K

Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.

FEATURES & AMENITIES

Interior

Breakfast BarCathedral Ceiling(s)High CeilingsTray Ceiling(s)Entrance FoyerPantryWalk-In Closet(s)

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $499,000Listed· Jan 9, 2026

  • $490,000Reduced

    $9,000 (1.8% off original)

51 days on market

Layout

Main
327 rooms2,695 sq ft
Upper
2 rooms679 sq ft

Primary suite

Closet Walk in

Primary bath

Shower Stall Full,Tub Whirlpool

Schools

Franklin Township Com Sch Corp

    Neighborhood

    • Downtown Indianapolis8.7 mi
    • IU Health North Hospital18.5 mi
    • Fishers High School18.6 mi
    • Conner Prairie18.8 mi
    • Monon Trail (Carmel)18.8 mi
    • Carmel High School19.4 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    3,374 sq ft

    Year Built

    1990

    Stories

    One and One Half

    Subdivision

    Big Run

    Bedrooms

    3

    Bathrooms

    2 full, 1 half

    Garage

    3 spaces

    School District

    Franklin Township Com Sch Corp

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