8331 Lookout Court
Indianapolis, IN 46217
- 4 beds
- 4 baths
- 3,562 sqft
- ~1/2 acre lot
- $119 per sqft
- 1980 build
Charming Ranch Home with Walk-Out Basement on Spacious Cul-De-Sac Lot. A beautifully maintained home nestled on a quiet cul-de-sac in the desirable Valley Ridge Farms neighborhood. Situated on nearly 0.5 acres (.44), this property offers privacy, mature trees, and plenty of outdoor space for relaxation and entertainment. This spacious ranch features 4 bedrooms and 3.5 bathrooms, including a primary suite with a walk-in closet, private deck access, and an ensuite with double sinks, a full tub, and a shower stall. The main level also features two additional bedrooms connected by a convenient Jack and Jill bathroom, providing added functionality and privacy for family or guests. The open-concept main level boasts a cozy living room with a wood-burning fireplace and a kitchen with a dining room combo area. The walk-out basement offers endless possibilities, featuring a large great room, a 4th bedroom, and a dedicated workshop space with double exterior doors - perfect for hobbyists or additional storage needs including lawn equipment and tools. Outdoor enthusiasts will love the extra concrete driveway designed for RV or boat parking, ensuring space for all your vehicles and toys. Enjoy the peaceful setting from the covered patio, deck, or covered porch - ideal for morning coffee or evening gatherings. Additional highlights include: Laundry closet with utility sink. Heated 2-car garage with keyless entry and a service door. Irrigation system for easy lawn maintenance.
Last checked:
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Last updated Mar 29, 2025
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MLS# 22026676 —
The Building
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Year Built:1980
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New Construction:false
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Construction Materials:Stone, Wood
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Architectural Style:Ranch
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Levels:One
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Basement:true
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Basement:Finished, Storage Space, Walk Out
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Foundation Details:Concrete Perimeter
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Patio And Porch Features:Covered Patio, Covered Porch, Deck Main Level
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Exterior Features:Sprinkler System
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Accessibility Features:No
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Green Certification:No
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Building Area Total:3562
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Below Grade Finished Area:1465
Interior
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Rooms:6
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Rooms Total:10
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Rooms Total:6
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Interior:Bath Jack-n-Jill
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Interior Features:Attic Pull Down Stairs, Breakfast Bar, Entrance Foyer, Paddle Fan, Hardwood Floors, Eat-in Kitchen, Wood Work Stained
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Other Equipment:Security Alarm Paid, Smoke Alarm
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Eating Area:Dining Combo/Kitchen
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Laundry Features:Laundry Closet, Sink
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Fireplaces Total:2
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Fireplace Features:Basement, Living Room, Woodburning Fireplce
Room Dimensions
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SqFt:2097
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Main Level SqFt:2097
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Living Area:3562
Location
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Directions:GPS Friendly
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Latitude:39.643562
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Longitude:-86.190674
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:491422127075000500
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Acres:1/4-1/2 Acre
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Lot Features:Cul-De-Sac, Storm Sewer, Mature Trees
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Lot Size Acres:0.44
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Lot Size SqFt:19,166 Sqft
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Price Per Acre:965682
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Additional Parcels:false
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Waterfront:false
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Horse Amenities:None
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Fence:No
Listing Agent
- Contact info:
- Agent phone:
- (317) 410-5736
- Office phone:
- (317) 564-7100
Taxes
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Tax Lot:34
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Tax Year:2023
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Tax Exemptions:Homestead Tax Exemption
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Semi Annual Property Tax Amt:2816
Beds
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Beds:3
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Bedrooms:3
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Bedrooms Total:4
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Main Level Bedrooms:3
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Primary Bedroom Description:Closet Walk in,Deck
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# of Bedrooms Basement:1
Baths
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Baths:4
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Full Baths:3
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Full Baths:2
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Half Baths:1
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Half Baths:1
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Full Baths Main:2
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Half Baths Main:1
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Full Baths Basement:1
Heating & Cooling
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Heating:Heat Pump
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Cooling:Central Electric
Utilities
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Water Source:Municipal/City
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Solid Waste:No
Appliances
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Appliances:Electric Cooktop, Dishwasher, Dryer, Disposal, Kitchen Exhaust, Microwave, Oven, Refrigerator, Free-Standing Freezer, Washer, Water Heater, Water Softener Owned
Schools
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Elementary School:Glenns Valley Elementary School
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Middle Or Junior School:Perry Meridian Middle School
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High School:Perry Meridian High School
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High School District:Perry Township Schools
The Community
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Subdivision Name:Valley Ridge Farms
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Spa:false
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Pool Private:false
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Association:false
Parking
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Parking Features:Attached, Concrete, Garage Door Opener, Heated, RV Access/Parking
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Garage:true
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Garage Spaces:2
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Garage & Parking:Finished Garage,Garage Door Opener,Keyless Entry,Service Door
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Garage SqFt:625
Monthly cost estimate

Asking price
$424,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,275
|
Taxes | $469 |
Insurance | $116 |
Utilities | $189 See report |
Total | $3,049/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/14/25
Mar 14, 2025
|
Listed / Active | MIBOR | $424,900 |