7718 Ashtree Dr, Indianapolis, IN 46259
Property image
Property image
FOR SALE
0.36 ACRES

$749,900

Original price: $774,900
  • 5 Beds
  • 4.5 Baths
  • 5,366 sqft (on 0.36 acres)

7718 Ashtree Dr, Indianapolis, IN 46259

South Franklin
Est. Mortgage $4,316/mo*
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Home Highlights

Single-Family Home
Built in 1996
0.36 acre lot
$140/sqft
3 Car Garage
HOA $29/mo

Local Information

  • Map ViewExplore the area around 7718 Ashtree Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

We have a price improvement on this perfect home with space, comfort, luxury and versatility for everyone! Designed with flexibility in mind, this exceptional property features a beautiful primary suite plus the possibility of a private in-law quarters on the main level! There's room for every stage of life - including spaces the kids and teens will absolutely love. Also, the finished attic retreat offers its own refrigerator, sink, walk-in closet, spacious bedroom, and full bath, to make an additional guest suite or teen hangout area. The expansive basement is equally impressive and thoughtfully designed to give everyone just the right amount of privacy. This stunning 5-bedroom brick home, located in Franklin Township's prestigious Timberlakes community, showcases elegant tray ceilings, crown molding, new carpet on the main, and abundant storage throughout. The gourmet kitchen is a chef's dream, featuring extra cabinetry, double ovens, granite countertops, and a large center island ideal for entertaining. Enjoy year-round relaxation in the indoor lap pool room, plus the convenience of a finished 3-car garage. The gorgeous rear sunroom is filled with natural light from walls of windows and overlooks breathtaking landscaping that feels like your own private retreat. This one-of-a-kind home truly has it all. Schedule your private showing today and experience everything this incredible property has to offer!
Last check for updates: about 2 hours ago
Listing Provided by: Brenda Dean, (317) 403-2780
Your Realty Link, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22101363

Home Details for 7718 Ashtree Dr

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Egress Window(s),Finished,FullNumber of Rooms: 14Types of Rooms: Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Attic, Bonus Room, Dining Room, Exercise Room, Great Room, Kitchen, Laundry, Living Room, Play Room, Sun Room
Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 3Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1Number of Bathrooms (main level): 3
Dimensions and Layout
Living Area: 5366 Square Feet
Appliances & Utilities
Appliances: Electric Cooktop, Dishwasher, Disposal, MicroHood, Oven, Double Oven, Refrigerator, Gas Water Heater, Humidifier, Water Softener OwnedDishwasherDisposalLaundry: Main LevelRefrigerator
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas Log, Great Room, MasonryHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: In-Law Floorplan
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: In Law Floorplan

Exterior Features

Exterior Home Features
Patio / Porch: Patio, CoveredFencing: Fenced, PrivacyExterior: Fire Pit, Sprinkler SystemFoundation: Concrete PerimeterSprinkler System
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: Garage Parking Other(Floor Drain, Finished Garage, Keyless Entry, Service Door)No CarportHas a GarageHas an Attached GarageParking Spaces: 3Parking: Attached
Pool
Pool: LapPool
Farm & Range
Horse Amenities: None
Finished Area
Finished Area (below surface): 1081 Square Feet

Days on Market

Cumulative Days on Market: 112Days on Market: 115

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: BrickNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 491513118016000300

Price & Status

Price
List Price: $749,900Price Per Sqft: $140
Status Change & Dates
Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Timberlakes
School Information
Elementary School: Acton Elementary SchoolHigh School: Franklin Central High SchoolHigh School District: Franklin Township Com Sch Corp

Agent Information

Listing Agent
Listing ID: 22101363

Building

Building Area
Building Area: 5366 Square Feet

HOA

HOA Fee Includes: Association Home Owners, Entrance Common, Insurance, MaintenanceHOA Phone: 317-501-9974Has an HOAHOA Fee: $350/Annually

Lot Information

Lot Area: 0.36 acres

Miscellaneous

BasementMls Number: 22101363Attic: Access Only

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!"

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

Home Value

Trulia Estimate
$729K
Since last month
Decreased$16K (-2.2%)
Since last year
Increased$134K (+22.5%)
Since last sale
Increased$354K (+94.5%)
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 +71% in the last 10 years
MonthEstimated value
2026
September 2026$729K
August 2026$743K
July 2026$746K
June 2026$761K
May 2026$774K
April 2026$614K
March 2026$601K
February 2026$590K
January 2026$571K
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
0.05
Single-Family Home
$600,000
02/13/26
4
3.5
4,082
0.11
Single-Family Home
$575,000
10/22/25
5
3.5
4,371
0.21
Single-Family Home
$630,000
07/06/26
6
4.5
4,912
0.02
Single-Family Home
$509,900
09/26/25
3
3
3,511
0.24
Single-Family Home
$585,000
11/20/25
4
3
4,528
0.20
Single-Family Home
$521,000
07/29/26
4
3.5
3,205
0.11
Single-Family Home
$573,000
12/10/25
4
2.5
2,974
0.18
Single-Family Home
$475,000
09/04/26
4
2.5
3,482
0.22
Single-Family Home
$589,900
07/09/26
4
4
3,700
0.16
Single-Family Home
$400,000
04/30/26
3
3
3,144

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
0.02
$511,700
3
3
3,511
Off Market
0.04
$439,700
3
2.5
2,401
Off Market
0.05
$600,000
4
3.5
4,082
Recently Sold
0.06
$407,900
3
2
3,782
Off Market
0.12
$527,400
3
2.5
3,565
Off Market
0.09
$558,900
4
2.5
4,642
Off Market
0.11
$573,000
4
2.5
2,974
Recently Sold
0.11
$576,600
5
3.5
4,371
Off Market
0.13
$570,800
5
3.5
4,120
Off Market
0.13
$364,200
4
2.5
2,029
Off Market
0.14
$663,200
4
4.5
4,662
Off Market

Price and Tax history

DateEventPrice
Sep 3, 2026
Source: MIBOR as distributed by MLS GRID #22101363
PriceChange
$749,900
Price decreased by 3%
Jul 17, 2026
Source: MIBOR as distributed by MLS GRID #22101363
PriceChange
$774,900
Price decreased by 2%
May 16, 2026
Source: MIBOR as distributed by MLS GRID #22101363
Listed For Sale
$789,000
Jul 5, 2017
Source: MIBOR as distributed by MLS GRID #21478436
Sold
$375,000
Jun 2, 2017
Source: Agent Provided
Pending
$400,000

LGBTQ Local Legal Protections

Brenda Dean, Your Realty Link, LLC
Agent Phone: (317) 403-2780
Based on information submitted to the MLS GRID as of 2026-09-08 10:02:52 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

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Frequently asked questions about 7718 Ashtree Dr

  • What is the estimated monthly payment for 7718 Ashtree Dr?
    Based on a $749,900 list price with 20% down at today's rates, the estimated monthly payment for 7718 Ashtree Dr in Indianapolis, IN is approximately $4,646 (about $3,971 principal & interest, $600 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 7718 Ashtree Dr compare to homes in Indianapolis?
    7718 Ashtree Dr in Indianapolis, IN is listed at $749,900, about 158% above the $291K median sale price in Indianapolis.
  • What do residents say about the South Franklin neighborhood?
    Residents describe the South Franklin neighborhood in Indianapolis, IN as easy to park in, dog-friendly, and pedestrian-friendly. See homes for sale in South Franklin, Indianapolis.
  • What are the closest schools to 7718 Ashtree Dr?
    The closest schools to 7718 Ashtree Dr in Indianapolis, IN are Franklin Central High School (rated 7/10), Franklin Central Junior High (rated 5/10), Lillie Idella Kitley Intermediate School (Elementary, rated 6/10).
  • Does 7718 Ashtree Dr have air conditioning?
    Yes, 7718 Ashtree Dr in Indianapolis, IN has air conditioning.
  • Does 7718 Ashtree Dr have a pool?
    Yes, 7718 Ashtree Dr in Indianapolis, IN has a pool.
7718 Ashtree Dr, Indianapolis, IN 46259 is a 5 bedroom, 5 bathroom, 5,366 sqft single-family home built in 1996. 7718 Ashtree Dr is located in South Franklin, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on May 16, 2026. The MLS # for this home is MLS# 22101363.