6940 Lantern Rd, Indianapolis, IN 46256
Property image
Property image
OFF MARKET

$573,700

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 3,200 sqft (on 2.29 acres)

6940 Lantern Rd, Indianapolis, IN 46256

Fall Creek
Est. Refi. Payment $3,489/mo*
Refinance Your Home

Home Value

Trulia Estimate
$574K
Since last month
Increased$3K (+0.5%)
Since last year
Decreased$5K (-0.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +94% in the last 10 years
MonthEstimated value
2026
August 2026$574K
August 2026$574K
July 2026$571K
June 2026$570K
May 2026$574K
April 2026$577K
March 2026$573K
February 2026$558K
January 2026$555K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.18
Single-Family Home
$760,000
07/24/26
4
3
4,912
0.23
Single-Family Home
$300,000
12/09/25
4
2.5
2,952
0.16
Single-Family Home
$433,350
12/01/25
3
3
3,589
0.20
Single-Family Home
$670,000
02/03/26
5
3.5
4,432
0.24
Single-Family Home
$665,000
01/15/26
3
3.5
3,516
0.35
Single-Family Home
$389,000
07/06/26
4
2.5
3,589
0.43
Single-Family Home
$443,000
06/11/26
4
3
2,932
0.41
Single-Family Home
$439,000
11/17/25
4
3.5
2,817
0.25
Single-Family Home
$360,000
02/17/26
5
2.5
3,898
0.44
Single-Family Home
$700,000
02/13/26
5
3.5
4,232

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.08
$734,000
4
3.5
4,839
Off Market
0.10
$540,400
4
3.5
4,212
Off Market
0.12
$409,200
4
2.5
2,272
Off Market
0.16
$433,350
3
3
3,589
Recently Sold
0.15
$444,900
4
2.5
2,601
For Sale
0.18
$760,000
4
3
4,912
Recently Sold
0.20
-
-
-
-
Off Market
0.20
$670,000
5
3.5
4,432
Recently Sold
0.22
$499,600
4
2.5
3,536
Off Market
0.23
$511,000
4
3
4,032
Off Market
0.23
$300,000
4
2.5
2,952
Recently Sold
0.22
$719,000
5
3.5
4,029
For Sale

Local Information

  • Map ViewExplore the area around 6940 Lantern Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1988
Lot Size
2.29 acres
Living Area
3,200 sqft
Price/Sqft
$179
Parking
Garage

About this House

This single-family home is located at 6940 Lantern Rd, Indianapolis, IN. 6940 Lantern Rd is in the Fall Creek neighborhood in Indianapolis, IN and in ZIP code 46256. This property has 4 bedrooms, 3 bathrooms and approximately 3,200 sqft of floor space. This property has a lot size of 2.29 acres and was built in 1988.
6940 Lantern Rd, Indianapolis, IN 46256 is a 4 bedroom, 3 bathroom, 3,200 sqft single-family home in Fall Creek, built in 1988. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $573,700, with a rent estimate of $3,276/month.

Home Details for 6940 Lantern Rd

Interior Features

Interior Details
BasementAtticTypes of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Laundry Room, Pantry, Recreation Room, Sun RoomCeiling Fan
Heating & Cooling
Heating: ElectricAir ConditioningCooling System: CentralHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Laminate, Slate
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Security
Security System

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Other, Stone, Wood Products, CompositionLawnPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1988Year Updated: 1988
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 2.29 acres

Price and Tax history

YearProperty taxTax assessment
2025
$4,142
$375,400
Home facts updated by county records

Market trends in Fall Creek

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$308K
$1.67K
MoM
Sale-to-List Price
99.7%
0.2%
MoM
Price per sq ft
$175
$7
MoM
Available listings
84
9
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Fall Creek

At least 75 Trulia users voted on each feature.
  • 88 % Say car is needed

  • 84 % Say yards are well-kept

  • 84 % Say it's dog friendly

  • 81 % Say parking is easy

  • 79 % Say it's quiet

  • 78 % Say kids play outside

  • 76 % Say there are sidewalks

  • 72 % Say there's holiday spirit

  • 66 % Say there's wildlife

  • 65 % Say people would walk alone at night

  • 58 % Say they plan to stay for at least 5 years

  • 49 % Say neighbors are friendly

  • 47 % Say streets are well-lit

  • 35 % Say there are community events

  • 27 % Say it's walkable to restaurants

  • 21 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Andi B.
    "Weโ€™ve lived in this neighborhood for six years. Everyone is so friendly! It has also become a desired area to walk, run, and bike. Itโ€™s very safe. "
  • Valerie Devereux
    "Iโ€™ve lived in this neighborhood for two years now. It is quiet. The neighbors are friendly. Yards are well kept. I only know of one family that walks their dog and doesnโ€™t pick up after it. Plus, you have the occasional deer to coyote that doesnโ€™t pick up after themselves. But that is a given."
  • Trulia User
    "This area is close to everything! Just hop on I-69 and your on the north side ur downtown in 20 minutes."
  • Trulia User
    "Safe, quiet, must have car. It is not a neighborhood for walking to the store. There is a good walk trail, but not many side walks. Pretty safe for an inexpensive area."
  • Unspecified
    "My neighborhood is well maintained itโ€™s very safe and nice for bike riding and walking the dog.. itโ€™s very close to several groceries, the mall and restaurants."
  • Tony
    "Lived here 10 years and grew up with friends that lived in the neighborhood. Itโ€™s always been a good neighborhood to raise a family. The new sidewalks along 71st have connected all of our neighborhoods better than before and taking a bike ride with kids is definitely a safe option now."
  • Tony R.
    "Great location within a minuteโ€™s drive to 465, I-69, and I-70. Only 20 minutes from Downtown Indianapolis, Carmel, and Fishers."
  • Nicolette M.
    "Neighborhood has a amenities including pool and playground. Annual neighborhood events such as trick or treating party, Easter egg hunt, 4th of July parade, etc. Friendly and lots of young families. "
  • 77avlee77
    "Itโ€™s a smooth commute to Fortville. Beautiful drive and Iโ€™m going the opposite direction of all the traffic. My husband drives to Fishers and has the same experience. "
  • 77avlee77
    "Iโ€™ve lived here for 14 years. Itโ€™s quiet and the people are friendly. I love how convenient it is to everything but also feeling like I live in a park setting with so many mature trees. "
  • Jared S.
    "This is a very dog friendly community. Everyone is eager to meet each otherโ€™s furry friend, but remember to be respectful and be ready to dispose of any waste made along the way."
  • Amanda_chiamulera
    "Itโ€™s close to all kinds of restaurants but quiet enough that I feel safe. My neighbors are quiet and friendly and I never feel unsafe even going to work at 4 am. "
  • annebushore
    "I live in this area. I walk multiple times, daily. It's a great neighborhood for families, with or without children. The singles seem to gather with BBQ's and other events during the year. The community is a big family all in itself. I wouldn't want to be anywhere else. "
  • porter f.
    "Lived here almost 28 years. Area has stayed quiet, safe, good neighbors,schools,churches, shopping has improved in the area with a new Kroger, Starbucks, etc. Residents take excellent care of their property, are friendly. Good location for majors shopping within five mile area. Easy interstate access. Quiet area. "
  • winelover651
    "The area is quiet and neighbors are friendly. We love it here."

LGBTQ Local Legal Protections

Frequently asked questions about 6940 Lantern Rd

  • What is 6940 Lantern Rd estimated to be worth?
    Trulia's estimated value for 6940 Lantern Rd in Indianapolis, IN is $573,700.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $308K. That is up $1.67K from the prior month.
  • What do residents say about the Fall Creek neighborhood?
    Residents describe the Fall Creek neighborhood in Indianapolis, IN as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See recently sold homes in Fall Creek, Indianapolis.
  • Does 6940 Lantern Rd have air conditioning?
    Yes, 6940 Lantern Rd in Indianapolis, IN has air conditioning.
  • Does 6940 Lantern Rd have laundry facilities?
    Yes, 6940 Lantern Rd in Indianapolis, IN has in-unit laundry.

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