Sheldon Barnes
For Sale — 7528 Gunyon Drive, Indianapolis, IN 462377528 Gunyon Drive
Indianapolis, Indiana 46237
Southern Lakes Estate
$260,000
Schedule a Showing3
Beds
2
Baths
1,408
Sq Ft
1989
Year Built
0.63
Acres
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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 7528 Gunyon Drive in Southern Lakes Estate, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Welcome to this beautifully maintained 3-bedroom, 2-bath ranch in desirable Franklin Township, where comfort, space, and peaceful views come together effortlessly. Set on an expansive .63-acre lot, one of the largest in the neighborhood, with a picturesque pond view, this property offers a rare opportunity to enjoy both privacy and open outdoor living. The home includes partial ownership of the pond, with the ability to build a dock for fishing or paddle boating, creating your own private retreat right in the backyard. Inside, you'll find a desirable split floor plan, thoughtfully designed to place the primary suite on one side of the home and the additional bedrooms on the other - offering privacy, quiet, and flexibility for guests, family members, or a home office. The interior also features updated flooring throughout, spacious walk-in closets, a cozy wood-burning fireplace, and updated bathroom vanities, all contributing to a warm and inviting atmosphere. With no HOA, you'll have the freedom to truly make this property your own. Recent upgrades add both value and peace of mind, including a brand-new roof, a full security system with exterior cameras and a Ring doorbell, and 13 newly planted arborvitae trees that will mature into a lush natural privacy screen. The oversized lot provides endless possibilities for outdoor entertaining, gardening, or simply enjoying the tranquil setting. Additional features include a large workbench in the garage - perfect for hobbies or projects - and a spacious storage shed to keep tools and equipment organized. Whether you're relaxing by the fire, taking in the pond views, or enjoying the wide-open backyard, this property offers a unique blend of serenity, functionality, and charm in a sought-after location. Don't miss the chance to make this special home your own. Sellers to make no repairs.
Key things to know
- Fireplace
- Southern Lakes Estate subdivision
Monthly payment
Estimate · $260,000
$1,588/mo
≈ $1,384 principal & interest · $205 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $52,000 on a loan of $208,000.
Price history
- Listedat $260,000
Mar 20, 2026
Southern Lakes Estate · activity
past 6 months
- Sold
- 4
- Median price
- $260,000
- Median DOM
- 89 days
Recent comparable sales
$290,000
7775 Rosa Drive
2bd · 2ba · 1,811 sqft
Sold May 2026
$245,000
4555 Blackstone Drive
3bd · 1ba · 1,084 sqft
Sold May 2026
$168,600
5003 Amber Creek Place
2bd · 2ba · 1,095 sqft
Sold May 2026
$157,900
6519 Jade Stream Court
2bd · 2ba · 1,124 sqft
Sold May 2026
$267,000
6403 Colonnade Court
3bd · 3ba · 1,704 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 6.1% above 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
$260,000Listed· Mar 20, 2026
4 days on market
Layout
Primary suite
Bedroom Split,Closet Walk in
Primary bath
Shower Stall Full
Schools
Franklin Township Com Sch Corp
Elementary
Bunker Hill Elementary School
Middle
Franklin Central Junior High
High
Franklin Central High School
Neighborhood
- Downtown Indianapolis9.3 mi
- Monon Trail (Carmel)21.0 mi
- IU Health North Hospital21.0 mi
- Fishers High School21.4 mi
- Conner Prairie21.6 mi
- Carmel High School21.7 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,408 sq ft
Year Built
1989
Stories
One
Subdivision
Southern Lakes Estate
Bedrooms
3
Bathrooms
2 full
Garage
2 spaces
School District
Franklin Township Com Sch Corp