7342 Capel Dr, Indianapolis, IN 46259
Property image
Property image
OFF MARKET

$505,100

Trulia Estimate
  • 5 Beds
  • 3.5 Baths
  • 3,736 sqft (on 0.52 acres)

7342 Capel Dr, Indianapolis, IN 46259

South Franklin
Est. Refi. Payment $2,912/mo*
Refinance Your Home
Currently Off Market - Sold Aug 14, 2024 for $470,000

Home Value

Trulia Estimate
$505K
Since last month
Decreased$2K (-0.5%)
Since last year
Increased$23K (+4.8%)
Since last sale
Increased$35K (+7.5%)
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 +92% in the last 10 years
MonthEstimated value
2026
August 2026$505K
August 2026$505K
July 2026$508K
June 2026$509K
May 2026$513K
April 2026$505K
March 2026$494K
February 2026$493K
January 2026$480K
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
0.25
Single-Family Home
$575,000
10/22/25
5
3.5
4,371
0.08
Single-Family Home
$410,000
11/14/25
4
2.5
3,348
0.12
Single-Family Home
$390,000
12/30/25
4
2.5
4,068
0.11
Single-Family Home
$585,000
11/20/25
4
3
4,528
0.16
Single-Family Home
$460,000
10/10/25
3
3.5
2,870
0.13
Single-Family Home
$520,000
03/27/26
4
3
4,496
0.21
Single-Family Home
$492,500
01/30/26
5
3
3,145
0.38
Single-Family Home
$452,000
04/02/26
5
2.5
3,088
0.19
Single-Family Home
$359,000
03/12/26
4
2.5
2,509
0.32
Single-Family Home
$589,900
07/09/26
4
4
3,700

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
$410,000
4
2.5
3,348
Recently Sold
0.06
$576,400
5
3.5
4,304
Off Market
0.06
$534,000
4
2.5
4,494
Off Market
0.06
$506,300
6
3.5
4,494
Off Market
0.12
$620,500
5
4.5
4,683
Off Market
0.12
$641,200
5
4.5
4,992
Off Market
0.11
$585,000
4
3
4,528
Recently Sold
0.11
$413,800
4
2.5
2,894
Off Market
0.12
$390,000
4
2.5
4,068
Recently Sold
0.10
$484,100
4
3
3,352
Off Market
0.13
$397,100
5
2.5
2,597
Off Market

Local Information

  • Map ViewExplore the area around 7342 Capel Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2003
0.52 acre lot
3,736 sqft
$135/sqft
2 Car Garage
HOA $33/mo

About this House

Do you want to hear about the features or the updates? Starting with the features - this 5 bedroom Greg Allen built home has one of the premium lots in Princeton Lakes. The outdoor living space includes a main level screened in porch, a main level deck, & a lower level patio from the walk out basement. You can soak in the hot tub (included) & watch the sun set each night in this beautifully landscaped yard. The home is set back on the lot & on a cul de sac adding to the privacy when you're utilizing the patio or decks. The walkout basement incorporates this second entrance & utilizes it as a private in law suite. The basement has a bedroom, full bath, & kitchenette (there is a plug for an oven/range on the east wall). Work from home? The main level offers a dedicated office w/French doors. 9' ceilings on the main level, primary bedroom has a vaulted ceilings, extra storage in the garage bump & basement mechanical room. On the cold days of winter you can sit in front of the gas FP in the FR before heading out to the hot tub. Now the updates - roof & gutters 24, carpet 24, freshly painted interior, exterior painted 21, HVAC & water heater 5-7 years old, softener 23, kitchen counters 24. Truly move in ready. Check out the 3D tour!
7342 Capel Dr, Indianapolis, IN 46259 is a 5 bedroom, 4 bathroom, 3,736 sqft single-family home in South Franklin, built in 2003. It last sold for $470,000 on Aug 14, 2024 (2% below the $479,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $505,100, with a rent estimate of $3,416/month.
Last check for updates: about 8 hours ago
Listed by Matthew Mielke, (317) 538-3957
Envoy Real Estate, LLC
Bought with: Renae Warren, eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#21983202

Home Details for 7342 Capel Dr

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Apartment,Exterior Entry,Finished,Finished Ceiling,Finished Walls,Full,Interior Entry,Storage SpaceNumber of Rooms: 14Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Breakfast Room, Dining Room, Family Room, Kitchen, Laundry, Office, Play Room, Utility Room
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 3736 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Humidifier, MicroHood, Electric Oven, Refrigerator, Washer, Water Softener OwnedDishwasherDisposalDryerLaundry: Upper LevelRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family Room, Gas LogSpa: Above Ground, Heated, PrivateHas a FireplaceHas a Spa
Gas & Electric
Electric: 200+ Amp ServiceHas Electric on Property
Windows, Doors, Floors & Walls
Window: Wood Work Painted
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
View
Has a ViewView: Pond, Water

Exterior Features

Exterior Home Features
Patio / Porch: Covered, Deck, ScreenedFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Parking Other(Garage Door Opener)No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Frontage
WaterfrontWaterfront: Pond, Water View, WaterfrontOn Waterfront
Farm & Range
Horse Amenities: None
Finished Area
Finished Area (below surface): 1281 Square Feet

Days on Market

Cumulative Days on Market: 38

Property Information

Year Built
Year Built: 2003
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Brick, Vinyl SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 491513131049000300

Price & Status

Price
List Price: $479,900
Status Change & Dates
Off Market Date: Sun Jul 14 2024Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Princeton Lakes
School Information
Jr High / Middle School: Franklin Central Junior HighHigh School: Franklin Central High SchoolHigh School District: Franklin Township Com Sch Corp

Building

Building Area
Building Area: 3736 Square Feet

HOA

HOA Fee Includes: Association Home Owners, Maintenance, ParkPlayground, Management, Snow RemovalHOA Phone: 317-541-0000Has an HOAHOA Fee: $400/Annually

Lot Information

Lot Area: 0.52 acres

Miscellaneous

BasementMls Number: 21983202Water ViewWater View: Pond, Water

Additional Information

HOA Amenities: Playground

Price and Tax history

DateEventPrice
Aug 14, 2024
Source: MIBOR as distributed by MLS GRID #21983202
Sold
$470,000
Jul 14, 2024
Source: MIBOR as distributed by MLS GRID #21983202
Pending
$479,900
Jun 7, 2024
Source: MIBOR as distributed by MLS GRID #21983202
Listed For Sale
$479,900

Market trends in South Franklin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$291K
$12.17K
MoM
Sale-to-List Price
98.7%
0.1%
MoM
Price per sq ft
$163
$3
MoM
Available listings
81
9
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about South Franklin

At least 73 Trulia users voted on each feature.
  • 90 % Say parking is easy

  • 89 % Say it's dog friendly

  • 86 % Say car is needed

  • 82 % Say there are sidewalks

  • 78 % Say yards are well-kept

  • 77 % Say there's holiday spirit

  • 72 % Say it's quiet

  • 72 % Say kids play outside

  • 71 % Say people would walk alone at night

  • 60 % Say neighbors are friendly

  • 59 % Say streets are well-lit

  • 54 % Say they plan to stay for at least 5 years

  • 44 % Say there's wildlife

  • 36 % Say it's walkable to grocery stores

  • 36 % Say there are community events

  • 29 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Grege312
    "We have an annual yard sale advertised by the HOA. There are Halloween parties in garages. Kids can camp out in the community park. There are three parks with ponds for fishing. "
  • Slonemail
    "Good neighbor hood and we feel safe taxes are for the most part fair. School and library taxes are too much for the results that are give. "
  • Senetriafreeman
    "In my community we have Fall Festival, Valentine Parties for the kids, Summer events, Basketball Tournaments, and swimming parties as well."
  • Grege312
    "I have lived here 25 years. It is God’s country. It has low crimes decent schools and good sports. "
  • Courtney S.
    "The people are friendly and their are kids everywhere playing, I want my kids to experience the neighborhood life since I lived in a busy street my whole life"
  • Kmartin860
    "Have lived in Franklin township in Belmont for almost 21 years and raised three kids. The schools are high rated and from my experience with three kids all going through elementary to high school I believe the rating is spot on"
  • Jennifer S.
    "Don't trust anyone just because they seem like a nice person. My last neighbor has Parkinson's and her so called care taker robbed her of nearly everything. I only found out when the poor old lady was just sitting outside in the rain. The complex never did anything and I never did find out if she got her dogs or money back. "
  • Garth Smitman
    "I've lived here for about 5 years. Love it. Misty Woods is open, with friendly neighbors and courteous pet owners. It is very quiet and secluded for how close it is to shops and the interstate. Takes about 10 minutes to reach downtown, about 25 to reach the Airport. An "affluent" neighborhood."
  • Lizapasch
    "Spring & fall neighborhood sales. Community pool. Large stocked & maintained fishing lake. Play ground. "
  • Martin L.
    "Dogs are all over the place. They’re very polite owners and pick up after themselves. They may not like the proximity of houses. "
  • Derricklykns
    "The neighbors are great. It's a quiet neighborhood. Fishing ponds are a lot of fun. there is a cute little grocery store just outside the neighborhood. It's very close to Franklin Central School."
  • Jimmy M.
    "It’s Indianapolis but with a more suburb feel and is very close to shopping and many dining options. "
  • Meredith L.
    "Friendly neighbors who are there when you need, but privacy is valued as well. Quiet, well maintained and safe neighborhood with amazing schools in Franklin Township."
  • Melissa M.
    "I have lived in this area for 12 years and love it just as much now as when I first moved to Indiana. "
  • Jtijunin
    "Convenient to interstate, shopping, restaurants but still suburban landscape. Great school system!"

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-07 06:38:10 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 7342 Capel Dr

  • What is 7342 Capel Dr estimated to be worth?
    Trulia's estimated value for 7342 Capel Dr in Indianapolis, IN is $505,100.
  • What is the price history for 7342 Capel Dr?
    7342 Capel Dr in Indianapolis, IN last sold for $470,000 in August 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 $291K. That is up $12.17K from the prior month.
  • Does 7342 Capel Dr have air conditioning?
    Yes, 7342 Capel Dr in Indianapolis, IN has air conditioning.
  • Does 7342 Capel Dr have laundry facilities?
    Yes, 7342 Capel Dr in Indianapolis, IN has in-unit laundry.

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