3542 August Drive
Indianapolis, IN, 46239 $ 240,000
Bedrooms3 Baths1.0 Sq 1,375 Monthly Estimate*
$ 1,658
for $240,000 with 3 bedrooms and 1 full bath. This 1,375 square foot home was built in 1961 on a lot size of 0.37.
Beautifully updated Franklin Township home with a bright, open layout and thoughtful improvements throughout. Step inside to a spacious open-concept living area filled with natural light, updated flooring, fresh paint, and modern lighting that creates a clean, move-in-ready feel. The refreshed kitchen features white cabinetry, updated backsplash, stainless appliances, updated fixtures, and plenty of space for everyday dining and entertaining. Recent infrastructure improvements provide added peace of mind, including updates to the well pump, plumbing, electric panel, and water softener. The home also offers updated flooring, interior paint, lighting, and kitchen finishes, giving buyers the benefit of both cosmetic updates and important behind-the-scenes improvements. Outside, enjoy a large fenced backyard with a privacy fence, mature trees, patio space, firepit area, and storage shed-perfect for relaxing, pets, play, or outdoor gatherings. Located in desirable Franklin Township schools, this home offers convenient access to Wanamaker, nearby shopping and dining, and major routes including I-74, I-465, and I-65 for an easy commute around Indianapolis. A great combination of updates, yard space, location, and everyday convenience.
See more
FeaturesInteriorInterior Amenities Attic Access Eat-in Kitchen Entrance Foyer
Total Fireplaces 1
Fireplace Features Wood Burning Masonry Living Room
Basement (Y/N) N
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 1
See more
GeneralHeating Forced Air Electric
Cooling Central Air Attic Fan
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected
Possession Closing
Appliances Electric Cooktop Dishwasher Electric Water Heater Microwave Oven Electric Oven Range Hood
Garage Spaces 2
Patio/Porch Features Patio Porch
Architectural Style Traditional
Construction Materials Brick
Year Built 1961
Township Franklin
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name August Place
Garage Y/N Y
Total Rooms 6
Full Baths 1
Status Pending
Directions GPS Friendly
City Indianapolis
High School District Franklin Township Com Sch Corp
MLS Area 4906 - Marion - Franklin
Lot Size Square Feet 16000
Property Attached Y/N N
Current Financing Conventional FHA VA
Property Condition Updated/Remodeled
Virtual Tour https://photos.dreamhomemedia.com/3542-August-Dr/idx https://photos.dreamhomemedia.com/3542-August-Dr
Standard Status Pending
Tax Lot 3004724
Legal Description August Place L 3
See more
ExteriorExterior Amenities Storage Shed Fire Pit
Fencing Full Privacy
Parking Features Attached
Lot Features Mature Trees
Water Source Well Private
Foundation Details Crawl Space
Building Area Total 1375
Lot Size Acres 0.37
Other Equipment Smoke Alarm
Horse Amenities None
See more
* Excluded FeaturesList Bybob@hoosier-realtors.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,658
- Monthly Property Taxes
- $163
- Monthly 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.
Learn more about how to save NearbySingle family listings in Indianapolis, IN
Average List Price $314,758
Percent of Sale Price 31%
About Indianapolis, IN 843,184 Population
8% Since 2002
$ 43,160 Median Income
35.24 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4045201 Elementary School
4045199 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/3/2026 | $240,000 | -3.96% | Price Down |
| 8/20/2026 | $249,900 | -2.00% | Price Down |
| 8/1/2026 | $255,000 | | Listed Price |