7118 Lantern Rd, Indianapolis, IN 46256
Property image
Property image
OFF MARKET

$1,140,900

Trulia Estimate
  • 5 Beds
  • 3.5 Baths
  • 6,793 sqft (on 1.81 acres)

7118 Lantern Rd, Indianapolis, IN 46256

Fall Creek
Est. Refi. Payment $7,134/mo*
Refinance Your Home
Currently Off Market - Sold Jun 6, 2024 for $980,000

Home Value

Trulia Estimate
$1.14M
Since last month
Decreased$5K (-0.4%)
Since last year
Increased$53K (+4.9%)
Since last sale
Increased$162K (+16.6%)
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 +70% in the last 10 years
MonthEstimated value
2026
September 2026$1.14M
August 2026$1.15M
July 2026$1.15M
June 2026$1.14M
May 2026$1.14M
April 2026$1.12M
March 2026$1.12M
February 2026$1.1M
January 2026$1.09M
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
7050 Wildridge Dr, Indianapolis, IN
0.09
Single-Family Home
$760,000
07/24/26
4
3
4,912
6914 Creekridge Trl, Indianapolis, IN
0.19
Single-Family Home
$670,000
02/03/26
5
3.5
4,432
8224 Walnut Way, Indianapolis, IN
0.21
Single-Family Home
$700,000
02/13/26
5
3.5
4,232
8650 Fall Creek Rd, Indianapolis, IN
0.11
Single-Family Home
$749,400
09/22/26
3
3
3,673
7124 Tuliptree Trl, Indianapolis, IN
0.34
Single-Family Home
$680,140
07/23/26
4
3
4,343
8161 Beech Knls, Indianapolis, IN
0.33
Single-Family Home
$785,000
07/23/26
4
4.5
4,829
6902 Creek Ridge Trl, Indianapolis, IN
0.22
Single-Family Home
$665,000
01/15/26
3
3.5
3,516
8920 William Penn Cir, Indianapolis, IN
0.65
Single-Family Home
$1,110,000
10/24/25
5
5.5
7,679
7039 Lantern Rd, Indianapolis, IN
0.27
Single-Family Home
$433,350
12/01/25
3
3
3,589
7225 Westminster Dr, Indianapolis, IN
0.37
Single-Family Home
$389,000
07/06/26
4
2.5
3,589

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
7110 N Lantern Rd, Indianapolis, IN 46256
0.04
-
-
-
-
Off Market
7050 Wildridge Dr, Indianapolis, IN 46256
0.09
$760,000
4
3
4,912
Recently Sold
8650 Fall Creek Rd, Indianapolis, IN 46256
0.11
$749,400
3
3
3,673
Recently Sold
7011 Wildridge Dr, Indianapolis, IN 46256
0.14
$439,900
4
2.5
2,601
For Sale
7141 Knollvalley Ln, Indianapolis, IN 46256
0.13
$362,600
3
2.5
2,258
Off Market
7171 Knollvalley Ln, Indianapolis, IN 46256
0.13
$444,000
3
2.5
2,406
Off Market
7181 Knollvalley Ln, Indianapolis, IN 46256
0.13
$405,000
3
2
2,596
Recently Sold
7121 Knollvalley Ln, Indianapolis, IN 46256
0.14
$355,500
2
2.5
2,171
Off Market
6914 Creekridge Trl, Indianapolis, IN 46256
0.19
$670,000
5
3.5
4,432
Recently Sold
7014 N Lantern Rd, Indianapolis, IN 46256
0.20
$720,900
4
3.5
4,839
Off Market
6908 Creekridge Trl, Indianapolis, IN 46256
0.20
$699,999
5
3.5
4,029
For Sale

Local Information

  • Map ViewExplore the area around 7118 Lantern Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1991
1.81 acre lot
6,793 sqft
$168/sqft
Garage

About this House

What's unique:Gorgeous fireplaceLarge decksLoft accessLounge areaLarge great rmWooded views
BREATHTAKING WOODED HILLTOP LODGE ON 1.81 ACRES! Very rarely does a home property like this come to market & even fewer with these updates and features! Follow the winding wooded drive to the home & from the moment you pull up, you will see just how special this property is! Enjoy the panoramic views of nature, acres of trees & Mud Creek from large decks on each level & a stunning screened-in porch! Offering nearly 6,800 square feet, this 5 bedroom, 3.5 bath home will captivate you & make you feel like you're in Brown County! The entryway leads to a large great rm w/a soaring 35' ceiling & gorgeous fireplace w/stone from the floor to the ceiling! The main level also offers a beautiful dining rm, recently RECENTLY FULLY UPDATED KITCHEN w/center island, pantry & custom built-in benches, a living rm & the owners suite w/two story ceiling, loft access, large WI closet & luxurious spa bath w/dual vanity & large WI shower! The upper level features a loft (perfect for a bedroom, office, lounge area & more), two secondary bedrooms & full bath! The FINISHED WALKOUT LOWER LEVEL boasts a bar/rec area, family rm w/fireplace, lounge area, 5th bedroom, full bathroom & huge storage rm! Wooded views from literally every room in the home! There is simply nothing on the market today that is remotely close to this property! Although it will feel that you're a million miles away from the hustle and bustle, you're still just a few minutes from Geist Reservoir, shopping, dining, schools, the interstate & so much more!
7118 Lantern Rd, Indianapolis, IN 46256 is a 5 bedroom, 4 bathroom, 6,793 sqft single-family home in Fall Creek, built in 1991. It last sold for $980,000 on Jun 6, 2024 (2% below the $1,000,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,140,900, with a rent estimate of $5,323/month.
Last check for updates: about 11 hours ago
Listed by Allen Williams, (317) 339-2256
Berkshire Hathaway Home
Bought with: Larry Foster, eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#21976976

Home Details for 7118 Lantern Rd

Interior Features

Interior Details
Basement: FinishedNumber of Rooms: 11Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Guest Room, Kitchen, Play Room, Sun RoomWet Bar
Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 1Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 6793 Square Feet
Appliances & Utilities
Appliances: Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Water Purifier, Water Softener OwnedDishwasherDisposalMicrowaveRefrigerator
Heating & Cooling
Heating: Dual,Forced AirHas CoolingHas HeatingHeating Fuel: Dual
Fireplace & Spa
Number of Fireplaces: 3Fireplace: Basement, Gas Log, Great Room, Recreation RoomHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Hardwood

Exterior Features

Exterior Home Features
Patio / Porch: Deck, CoveredFencing: Fenced, PartialFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: Detached,Garage Door Opener
Farm & Range
Horse Amenities: None
Finished Area
Finished Area (below surface): 2723 Square Feet

Days on Market

Cumulative Days on Market: 5

Property Information

Year Built
Year Built: 1991
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Stone, WoodNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 490225133001000400

Price & Status

Price
List Price: $1,000,000
Status Change & Dates
Off Market Date: Mon May 06 2024Possession Timing: Negotiable

Active Status

MLS Status: Sold

Location

Direction & Address
City: IndianapolisCommunity: Early Bluffs
School Information
High School District: MSD Lawrence Township

Building

Building Area
Building Area: 6793 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.81 Acres

Miscellaneous

BasementMls Number: 21976976Attic: Access Only

Price and Tax history

DateEventPrice
Jun 6, 2024
Source: MIBOR as distributed by MLS GRID #21976976
Sold
$980,000
May 7, 2024
Source: MIBOR as distributed by MLS GRID #21976976
Pending
$1,000,000
May 3, 2024
Source: MIBOR as distributed by MLS GRID #21976976
Listed For Sale
$1,000,000
Nov 1, 2019
Source: Agent Provided
ListingRemoved
$775,000
Sep 6, 2019
Source: Agent Provided
PriceChange
$775,000
Price decreased by 3%

Market trends in Fall Creek

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$322K
$14.33KMoM
Sale-to-List Price
99.4%
0.3%MoM
Price per sq ft
$173
$2MoM
Available listings
76
8MoM

Around this home

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

Neighborhood Overview

Fall Creek
See Local Highlights
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.
    "We’ve lived in this neighborhood for six years. Everyone is so friendly! It has also become a desired area to walk, run, and bike. It’s very safe. "
    0
    Flag
  • Valerie Devereux
    "I’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 doesn’t pick up after it. Plus, you have the occasional deer to coyote that doesn’t pick up after themselves. But that is a given."
    5
    Flag
  • Trulia User
    "This area is close to everything! Just hop on I-69 and your on the north side ur downtown in 20 minutes."
    0
    Flag
  • 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."
    0
    Flag
  • Unspecified
    "My neighborhood is well maintained it’s very safe and nice for bike riding and walking the dog.. it’s very close to several groceries, the mall and restaurants."
    1
    Flag
  • Tony
    "Lived here 10 years and grew up with friends that lived in the neighborhood. It’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."
    15
    Flag
  • Tony R.
    "Great location within a minute’s drive to 465, I-69, and I-70. Only 20 minutes from Downtown Indianapolis, Carmel, and Fishers."
    2
    Flag
  • 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. "
    3
    Flag
  • 77avlee77
    "It’s a smooth commute to Fortville. Beautiful drive and I’m going the opposite direction of all the traffic. My husband drives to Fishers and has the same experience. "
    1
    Flag
  • 77avlee77
    "I’ve lived here for 14 years. It’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. "
    24
    Flag
  • Jared S.
    "This is a very dog friendly community. Everyone is eager to meet each other’s furry friend, but remember to be respectful and be ready to dispose of any waste made along the way."
    1
    Flag
  • Amanda_chiamulera
    "It’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. "
    0
    Flag
  • 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. "
    0
    Flag
  • 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. "
    0
    Flag
  • winelover651
    "The area is quiet and neighbors are friendly. We love it here."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-23 10:58:12 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 7118 Lantern Rd

  • What is 7118 Lantern Rd estimated to be worth?
    Trulia's estimated value for 7118 Lantern Rd in Indianapolis, IN is $1,140,900.
  • What is the price history for 7118 Lantern Rd?
    7118 Lantern Rd in Indianapolis, IN last sold for $980,000 in June 2024.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $322K. That is up $14.33K from the prior month.
  • Does 7118 Lantern Rd have air conditioning?
    Yes, 7118 Lantern Rd in Indianapolis, IN has air conditioning.
  • Does 7118 Lantern Rd have a yard?
    Yes, 7118 Lantern Rd in Indianapolis, IN has a yard.

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Off Market Homes Near 7118 Lantern Rd

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