7848 Inverness Dr, Indianapolis, IN 46237
Property image
Property image
OFF MARKET

7848 Inverness Dr
Indianapolis, IN 46237

South Franklin
  • 3 Beds
  • 1 Bath
  • 1,297 sqft

$216,500

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,360/mo*
Refinance Your Home

$216,500

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,360/mo*
Refinance Your Home
3 Beds
1 Bath
1,297 sqft

Home Value

Trulia Estimate
$217K
Since last month
Increased$200 (+0.1%)
Since last year
Increased$2K (+1%)
Since last sale
Increased$142K (+188.7%)
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$217K
July 2026$216K
June 2026$218K
May 2026$219K
April 2026$214K
March 2026$216K
February 2026$214K
January 2026$207K
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
7819 Inverness Dr, Indianapolis, IN
0.06
Single-Family Home
$235,000
04/30/26
3
1.5
1,224
6820 Inverness Way, Indianapolis, IN
0.04
Single-Family Home
$260,000
03/30/26
4
2
1,604
7739 Inverness Dr, Indianapolis, IN
0.12
Single-Family Home
$217,400
02/09/26
4
1.5
1,360
7640 Gordon Way, Indianapolis, IN
0.21
Single-Family Home
$266,500
03/06/26
3
2
1,440
6612 Muirfield Way, Indianapolis, IN
0.28
Single-Family Home
$209,000
09/23/25
3
1.5
1,836
7730 Gordon Way, Indianapolis, IN
0.11
Single-Family Home
$95,000
10/31/25
3
-
1,320
7746 Inverness Dr, Indianapolis, IN
0.10
Single-Family Home
$189,900
03/20/26
4
1.5
1,914
6542 Rosebush Ln, Indianapolis, IN
0.26
Single-Family Home
$260,000
07/21/26
3
2
1,595
7545 Turnberry Ct, Indianapolis, IN
0.31
Single-Family Home
$285,000
05/08/26
3
2
1,584
7724 Gordon Way, Indianapolis, IN
0.13
Single-Family Home
$249,900
02/02/26
4
2
2,060

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
6820 Inverness Way, Indianapolis, IN 46237
0.04
$260,000
4
2
1,604
Recently Sold
7824 Inverness Dr, Indianapolis, IN 46237
0.04
$254,700
5
1.5
1,706
Off Market
6908 E Inverness Way, Indianapolis, IN 46237
0.08
$231,700
3
1.5
1,296
Off Market
7819 Inverness Dr, Indianapolis, IN 46237
0.06
$235,000
3
1.5
1,224
Recently Sold
7841 Rosebush Dr, Indianapolis, IN 46237
0.10
$295,000
4
2.5
2,000
Recently Sold
7807 Inverness Dr, Indianapolis, IN 46237
0.08
$251,500
4
2
1,236
Off Market
7832 Gordon Way, Indianapolis, IN 46237
0.11
$232,500
3
1.5
1,236
For Sale
7746 Inverness Dr, Indianapolis, IN 46237
0.10
$189,900
4
1.5
1,914
Recently Sold
7740 Inverness Dr, Indianapolis, IN 46237
0.11
$249,600
3
2
1,320
Off Market
7824 Rosebush Dr, Indianapolis, IN 46237
0.13
$304,800
3
2.5
1,916
Off Market
7739 Inverness Dr, Indianapolis, IN 46237
0.12
$240,000
4
1.5
1,360
For Sale
7724 Gordon Way, Indianapolis, IN 46237
0.13
$249,900
4
2
2,060
Recently Sold

Local Information

  • Map ViewExplore the area around 7848 Inverness Dr.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1980
Living Area
1,297 sqft
Price/Sqft
$167
Parking
Garage

About this House

This single-family home is located at 7848 Inverness Dr, Indianapolis, IN. 7848 Inverness Dr is in the South Franklin neighborhood in Indianapolis, IN and in ZIP code 46237. This property has 3 bedrooms, 1 bathroom and approximately 1,297 sqft of floor space. This property has a lot size of 10058 sqft and was built in 1980.
7848 Inverness Dr, Indianapolis, IN 46237 is a 3 bedroom, 1 bathroom, 1,297 sqft single-family home in South Franklin, built in 1980. It last sold for $75,000 on Oct 28, 2011. It is currently off market. The Trulia Estimate is $216,500, with a rent estimate of $1,668/month.

Home Details for 7848 Inverness Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1980Year Updated: 1980
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 10058 sqft

Price and Tax history

DateEventPrice
Oct 28, 2011
Source: MIBOR as distributed by MLS GRID #21141624
Sold
$75,000

Market trends in South Franklin

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

Around this home

Neighborhood Overview

South Franklin
See Local Highlights
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. "
    0
    Flag
  • 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. "
    0
    Flag
  • Senetriafreeman
    "In my community we have Fall Festival, Valentine Parties for the kids, Summer events, Basketball Tournaments, and swimming parties as well."
    2
    Flag
  • Grege312
    "I have lived here 25 years. It is God’s country. It has low crimes decent schools and good sports. "
    9
    Flag
  • 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"
    6
    Flag
  • 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"
    0
    Flag
  • 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. "
    2
    Flag
  • 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."
    8
    Flag
  • Lizapasch
    "Spring & fall neighborhood sales. Community pool. Large stocked & maintained fishing lake. Play ground. "
    0
    Flag
  • 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. "
    0
    Flag
  • 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."
    3
    Flag
  • Jimmy M.
    "It’s Indianapolis but with a more suburb feel and is very close to shopping and many dining options. "
    0
    Flag
  • 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."
    0
    Flag
  • 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. "
    0
    Flag
  • Jtijunin
    "Convenient to interstate, shopping, restaurants but still suburban landscape. Great school system!"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 7848 Inverness Dr

  • What is 7848 Inverness Dr estimated to be worth?
    Trulia's estimated value for 7848 Inverness Dr in Indianapolis, IN is $216,500.
  • What is the price history for 7848 Inverness Dr?
    7848 Inverness Dr in Indianapolis, IN last sold for $75,000 in October 2011.
  • 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 7848 Inverness Dr have air conditioning?
    Yes, 7848 Inverness Dr in Indianapolis, IN has air conditioning.
  • How big is the lot at 7848 Inverness Dr?
    The lot at 7848 Inverness Dr in Indianapolis, IN is about 0.23 acres (10,058 sq ft).

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