Sheldon Barnes
For Sale — 7818 Ashtree Drive, Indianapolis, IN 462597818 Ashtree Drive
Indianapolis, Indiana 46259
Timberlakes
$515,000
Schedule a Showing4
Beds
3
Baths
2,825
Sq Ft
1996
Year Built
0.41
Acres
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ABOUT THIS HOME
Welcome to this beautifully maintained 4 BEDROOM all-brick ranch-and-a-half in the sought-after Timberlakes neighborhood! The spacious eat-in kitchen offers stainless steel appliances, abundant cabinetry, a center island, pantry, and dedicated workstation-all included and ready for everyday living. Enjoy seamless indoor-outdoor living with a versatile sunroom/flex space that opens to the patio and expansive fenced backyard complete with a basketball court. The main level also features a formal dining room, convenient laundry room, powder bath, and great room highlighted by a stunning floor-to-ceiling gas fireplace. The main-level primary suite offers a private retreat with vaulted ceilings, a walk-in closet, and an ensuite bath featuring dual vanities and a relaxing jetted tub. Two additional bedrooms and additional full bath complete the main floor. Upstairs, the spacious loft offers endless flexibility-currently used as an additional bedroom, home office, playroom, workout space or recreation space. The unfinished basement offers incredible potential to create the space you've always wanted. Whether you envision a home gym, media room, game area, workshop, or additional living space, the possibilities are endless. With ample storage and room to expand, this lower level is ready to be customized to fit your lifestyle. Garage Door 2023; HVAC 2023; French Drain 2024; New Gutters 2024; Water Softener 2025;
Key things to know
- Fireplace
- Basement
- Timberlakes subdivision
Browse by room
12 rooms · 57 photos
Monthly payment
Estimate · $515,000
$3,061/mo
≈ $2,741 principal & interest · $291 tax · $29 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $103,000 on a loan of $412,000.
Price history
- Listedat $515,000
May 7, 2026
Timberlakes · activity
past 6 months
- Sold
- 3
- Median price
- $573,000
- Median DOM
- 6 days
Recent comparable sales
$418,000
7343 Deerberg Drive
5bd · 3ba · 3,179 sqft
Sold Apr 2026
$325,000
8557 Coppel Lane
3bd · 3ba · 2,205 sqft
Sold May 2026
$400,000
7929 Meadow Bend Circle
3bd · 3ba · 3,144 sqft
Sold Apr 2026
$394,990
7433 Deerberg Drive
5bd · 3ba · 2,909 sqft
Sold Apr 2026
$380,000
10008 Redwood Peak Lane
4bd · 3ba · 2,469 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 30% 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
$515,000Listed· May 7, 2026
6 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Shower Stall Full,Sinks Double,Tub Whirlpool
Schools
Franklin Township Com Sch Corp
Neighborhood
- Downtown Indianapolis10.4 mi
- IU Health North Hospital21.4 mi
- Monon Trail (Carmel)21.5 mi
- Fishers High School21.5 mi
- Conner Prairie21.7 mi
- Carmel High School22.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,825 sq ft
Year Built
1996
Stories
One and One Half
Subdivision
Timberlakes
Bedrooms
4
Bathrooms
2 full, 1 half
Garage
2 spaces
School District
Franklin Township Com Sch Corp