11850 Stepping Stone Drive, Fishers, IN 46037 · $434,900 · Sold

Here's 11850 Stepping Stone Drive in Fishers, IN 46037. This listing is closed, but I can still walk you through the details.

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Front exterior at 11850 Stepping Stone Drive, Fishers, IN

Sold — 11850 Stepping Stone Drive, Fishers, IN 460371 / 1

Quick read on the numbers:

$434,900$469,900

Sold

Beds

Baths

Sq ft

3,296

Built

2001

Acres

0.21

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 8.5% below list in 100 days
Fireplace
Finished basement (1,124 sqft)
Sandstone Lakes subdivision

From the listing

Motivated Sellers = Fantastic Opportunity in coveted Sandstone Lakes neighborhood in the heart of East Fishers! Home has been well maintained (with no known major defects) but Sellers are retired and selling property primarily in "AS-IS" condition unless a major defect is found. Bring your cosmetic ideas to this spacious 4BR, 2.5 bath home with finished basement and beautiful WATER VIEW! Main level features formal dining room, living room, kitchen and family room with cozy gas fireplace and built-in bookshelves...all with beautiful hardwood or engineered hardwood flooring. Kitchen has stainless steel appliances, granite countertops and breakfast bar area. Don't miss the 3-season sunroom with vaulted ceiling overlooking the water view! Upstairs has a massive primary suite that will not disappoint, 3 additional bedrooms and a full bath with double vanity. Basement is finished with great space for entertainment, play area and workout area. So many updates including new roof and gutters (2022), dishwasher and range/oven (2019), new furnace and A/C (2018) and more. Lovely, mature landscape beds on a quiet street. A bit of exterior paint and some carpet stretching is all that is …

A few highlights from the feature list:

Interior

Attic AccessCathedral Ceiling(s)Entrance FoyerPaddle FanHardwood FloorsPantryWalk-In Closet(s)

I'll break the details down — open any section that matters.

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$413,100

Land Value

$72,900

Land$72,900

18% of total

Improvement Value

$340,200

Improvements$340,200

82% of total

Annual tax · 2024: $3,964
Exemption: Homestead

This home has sold:

Sold

$429,900

-$40,000 below list (-8.5%)

Closed: Sep 15, 2025
Listed at: $469,900
Sold: 8 months ago
Sold in: 100 days

Price history

Sold$429,900
Sep 15, 2025
Price reduced$439,000 → $434,900
Jul 29, 2025
Listedat $469,900
May 7, 2025

Sandstone Lakes · activity

past 6 months

Sold: 10
Median price: $440,000
Median DOM: 11 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

Comparative value

5 comps in this range

This home is 6.4% below median for similar nearby sales.

$430K$845KMedian $459K

$430K

A few places to dig deeper:

Sandstone Lakes Hamilton Southeastern Schools

MLS# 22036928