8346 Montgomery Avenue Indianapolis, IN ^$ 250,000

8346 Montgomery Avenue

^$ 250,000

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8346 Montgomery Avenue

Indianapolis, IN, 46227

^$ 250,000

Bedrooms4 Baths2.0 Sq 1,907

Monthly Estimate*

^$ 1,727

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Single Family Home for sale in Indianapolis, IN

for $250,000 with 4 bedrooms and 2 full baths. This 1,907 square foot home was built in 1998 on a lot size of 0.16.

Back on market. Bank has done appraisal and is ready to accept an offer. There is so much to appreciate in this 1,900 sq ft, 4 bed/2bath ranch home with attached 2 car garage! Spacious, open concept with soaring ceilings, lots of natural light and flexible living spaces. Kitchen features granite countertops and all appliances. Split bedroom floor plan, offering the primary suite privacy from the other bedrooms. Outside offers a large deck, fully fenced yard with plenty of space to play and relax, situated next to a neighborhood common space. This is a possible short sale, so it may take longer to close, but the opportunity is totally worth the wait! Get with your agent to schedule a showing!

Single Family Pending

Price

^$ 250,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 4,230

Style

Ranch

Lot Size

0.16

Year Built

1998

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22084825

Features

Interior

Interior Amenities Attic Access Cathedral Ceiling(s) High Ceilings Vaulted Ceiling(s) Handicap Accessible Interior Walk-In Closet(s) Entrance Foyer Hi-Speed Internet Availbl Pantry

Total Fireplaces 0

Basement (Y/N) N

Half Baths 0

Laundry Features Main Level

Total Bedrooms 4

Main Level Bedrooms 4

Total Baths 2

General

Heating Forced Air Electric

Cooling Central Air

Utilities Cable Available Electricity Connected Natural Gas Available Water Connected

Possession Closing

Appliances Dishwasher Electric Water Heater Disposal MicroHood Electric Oven Refrigerator Water Heater

HOA Fee 255

Garage Spaces 2

Association Fee Includes Entrance Common Insurance Maintenance ParkPlayground

Patio/Porch Features Deck Covered

Architectural Style Ranch

Construction Materials Brick Vinyl Siding

Year Built 1998

Township Perry

Levels One

Property Subtype Single Family Residence

Tax Year 2025

Assoc Fee Paid Per Annually

County Marion

New Construction N

Property Type Residential

HOA Y

Subdivision Name Sherman Commons

Garage Y/N Y

Total Rooms 10

Full Baths 2

Status Pending

Directions GPS Friendly

High School Southport High School

City Indianapolis

High School District Perry Township Schools

MLS Area 4907 - Marion - Perry

Lot Size Square Feet 7057

Elementary School Mary Bryan Elementary School

Property Attached Y/N N

Current Financing Conventional FHA VA

Middle/Junior High School Southport Middle School

Additional Parcels Y/N N

Standard Status Pending

Tax Lot 98

Legal Description Sherman Commons Section 2 L098

Exterior

Fencing Full

Parking Features Attached

Lot Features Corner Lot Sidewalks Mature Trees

Water Source Public

Foundation Details Slab

Building Area Total 1907

Lot Size Acres 0.16

Waterfront Y/N N

Other Equipment Smoke Alarm

Horse Amenities None

* Excluded Features

List By

Keller Williams Indy Metro Ne

Broker

amberlents@kw.com

Affordability Calculator

$2,079

Per Month

Monthly Principal & Interest: $1,727
Monthly Property Taxes: $353
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Indianapolis, IN

Average List Price ^$314,365

Percent of Sale Price 26%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4049744 Elementary School

4048252 Middle School

Southport High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/7/2026	$250,000	-2.91%	Price Down
6/4/2026	$257,500	-2.83%	Price Down
5/20/2026	$265,000	-3.64%	Price Down
3/12/2026	$275,000	-3.51%	Price Down
2/27/2026	$285,000	-3.39%	Price Down
2/20/2026	$295,000		Listed Price

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8346 Montgomery Avenue, Indianapolis, IN, 46227 is a Single Family Home for sale at $250,000 with 1,907 sqft and a lot size of 0.16. 8346 Montgomery Avenue has 4 bedrooms, 2.0 baths, and was built in 1998. The property's zip code is 46227 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/18/2026.

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8346 Montgomery Avenue

Single Family Home for sale in Indianapolis, IN

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