Back 4537 Sugar Bay Lane
Off Market

4537 Sugar Bay Lane

Indianapolis IN 46237

4
3
2
3793 sq. ft.
11435 sq. ft.
Single-Family
Last sold for $340,000
Nicole BurksNicole Burks, last sold this property on 16 October 2025 after 88 days on market.

Overview

This spacious 2-story home with an unfinished basement offers plenty of room to grow in the heart of Franklin Township. Featuring 4 bedrooms, 2.5 bathrooms, and multiple living areas, it's the perfect blend of comfort and opportunity. The main level features a single laminate flooring throughout and an open-concept that connects the kitchen, dining, and living areas; perfect for everyday living and entertaining. Off the entryway you'll find the office (or formal living room) which provides great space for work, study or visiting and features an elegant tray ceiling and crown molding. The spacious family room features vaulted ceilings and a cozy gas fireplace, creating a spacious yet warm and inviting room for gathering and relaxation. The kitchen offers under cabinet lighting, music system with remote, ample cabinet space for storage and plenty of counter space to prepare meals. The eat-in kitchen area adds convenience and connects you to the backyard where you can enjoy your morning coffee or evening drinks on the deck or patio with the added privacy offered by mature trees along the back of your property. The separate formal dining room is perfect for everyday meals and for hosting family and friends. A unique split staircase with landing adds to the open-concept. Upstairs, you'll find four generously sized bedrooms, offering ample space for various furniture arrangements and comfortable living within each room. The primary suite features an ensuite bathroom with double sink vanity, shower and garden tub, a walk-in closet, and enough space for a king-size bedroom suite and sitting area. The large unfinished basement offers endless opportunity to add living space or equity. Major systems, roof, and windows are older but are all in working order, giving you peace of mind while allowing the freedom to update at your pace. With an abundance of space both inside and out, this home is move-in ready and waiting for its next owners to love and enjoy.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
3793 sq. ft. floor area
11435 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 4537 Sugar Bay Lane is $311k.

Median value
$311k
Estimated value range
$135k - $1.05m
Median days on market
24
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4537 Sugar Bay Lane

2025
Sold
$340,000
16 Oct 2025 by Nicole Burks, of Fathom Realty

Happy sellers in Indianapolis

<50%
Less than 50% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Indianapolis over the last 12 months.

Local market activity for 4 bedroom single-family properties in Indianapolis

In the last 12 months, 145 four-bedroom single-family properties similar to 4537 Sugar Bay Lane, have been sold.

This represents a 21% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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