RealtyLens
for saleRealtyLens property overview
$385,000

3217 W 48th St

Indianapolis, IN, 46228
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4Beds
3.5Baths
2,013Sqft
$191$/sqft

Listing Notes

Get ready to fall head over heels for 3217 W 48th St, Indianapolis!!! This 2026 new build and delightful single-family residence offers a generous 2013sf of living space. Prepare to be charmed by a home that is brand new and bursting with personality. The heart of this home beats in its fabulous kitchen. Imagine culinary adventures on sleek stone counters, with a central island ready for your masterpiece creations. This open-plan wonder flows seamlessly into the living room, making entertaining a breeze and ensuring you're always part of the fun. Discover the spa-like sanctuary that is the master bathroom featuring a double vanity; your morning routines just got a whole lot more harmonious, and the walk-in shower promises a refreshing start or a blissful end to your day. One of the comfortable bedrooms even comes with its very own ensuite bathroom, offering a private retreat for ultimate relaxation. Beyond the main living spaces, this charming abode boasts a private yard, perfect for outdoor escapades and sunny afternoons. A convenient upstairs laundry room makes chores less of a drag, and the built-in 2-car garage keeps your prized possessions safe and sound. Plus, a lovely patio beckons for al fresco dining or simply enjoying a good book. Come on over and see for yourself! Welcome to your new home!!!

Market Insights

Above nearby median+14%

$191/sqft vs a nearby median of $168/sqft.

Nearby median$168/sqft
Nearby properties7
Property size2,013 sqft
  • +14% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,013 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$338k$307k$369k · 49% confidence
vs ask $385k+$47k (+12.2%)

Asking price is about 12.2% above where comps + adjustments land — there is room to negotiate.

$168/sqft median across 3 tight comps × 2,013 sqft= $338k
  • Modern construction+$5k +1.5%
  • Sparse street life−$5k −1.5%
Cumulative NYC adjustments+$0+0.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+14% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
1 day
Last price change
No change recorded
Listed
May 11, 2026
Photos
51 photos
Property type
single family
Status
for sale
Garage
2 spaces

Features & Amenities

Central AirDishwasherNew ConstructionTwo Or More StoriesGarage 1 Or MoreGarage 2 Or MorePrivate BackyardMaster BathroomEnsuiteOpen PlanDenPatio

Photos

Price History

May 12, 2026Initial record
$385,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.