Sheldon Barnes
For Sale — 7140 Lockwood Lane, Indianapolis, IN 462177140 Lockwood Lane
Indianapolis, Indiana 46217
Meridian Meadows
$239,900
Schedule a Showing4
Beds
2
Baths
1,934
Sq Ft
1956
Year Built
0.45
Acres
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Sheldon Barnes can help you tour 7140 Lockwood Lane
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 7140 Lockwood Lane in Meridian Meadows, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
What An Incredible Opportunity To Own A Unique Home With So Much Potential! 4 Bedroom / 2 Bathroom Ranch With Nearly 2,000 Square Feet, 3 Car Detached Garage, .45 Acre Lot, No HOA, & An Indoor Swimming Pool! There Are Some Really Cool Features In This Home Such As A Sauna Room Off Of The Swimming Pool Room, Step In Soaking Tub In The Primary Bathroom, Dry Bar Off Of The Hallway, Sunroom With Access From The Pool Room. This Home Is A Hidden Gem That Could Be Polished Up To A Beautiful Home With Some Updates! Loads Of Potential For Increasing The Value Of The Home! Conveniently Located Near SR-135 & Southport Road With Easy Access To I-69 & I-465, Also Only Minutes To Greenwood & A Short Commute To Downtown Indianapolis. *** Showings Will Begin On Friday 04/17/26 ***
Key things to know
- Indoor swimming pool with sauna room
- 4 bed / 2 bath ranch, nearly 2,000 sq ft
- 3-car detached garage
- 0.45 acre lot, no hoa
- Dry bar and sunroom
Monthly payment
Estimate · $239,900
$1,504/mo
≈ $1,277 principal & interest · $227 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $47,980 on a loan of $191,920.
Price history
- Listedat $239,900
Apr 16, 2026
Meridian Meadows · activity
past 6 months
- Sold
- 2
- Median price
- $295,000
- Median DOM
- 46 days
Recent comparable sales
$239,900
2931 Byrkit Street
3bd · 1ba · 1,384 sqft
Sold May 2026
$190,000
8817 Depot Drive
3bd · 2ba · 1,506 sqft
Sold May 2026
$270,000
606 Debra Lane
3bd · 1ba · 1,601 sqft
Sold May 2026
$295,000
8518 Lockwood Place
3bd · 2ba · 1,858 sqft
Sold May 2026
$255,000
7015 Blankenship Avenue
3bd · 3ba · 1,782 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 5.9% below median for similar nearby sales.
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
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$239,900Listed· Apr 16, 2026
12 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Tub Full with Shower,Tub Garden
Schools
Perry Township Schools
Elementary
William Henry Burkhart Elementary
Middle
Perry Meridian Middle School
High
Perry Meridian High School
Neighborhood
- Downtown Indianapolis7.4 mi
- Monon Trail (Carmel)20.6 mi
- Carmel Central Park21.0 mi
- Zionsville Community HS21.2 mi
- IU Health North Hospital21.3 mi
- Carmel High School21.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,934 sq ft
Year Built
1956
Stories
One
Subdivision
Meridian Meadows
Bedrooms
4
Bathrooms
2 full
Garage
3 spaces
School District
Perry Township Schools