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3159 Arbutus Drive, Indianapolis, IN 46224

Here's 3159 Arbutus Drive in Indianapolis, IN 46224. This listing is closed, but I can still walk you through the details.

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Front exterior at 3159 Arbutus Drive, Indianapolis, INRecently Sold — 3159 Arbutus Drive, Indianapolis, IN 462241 / 1

Quick read on the numbers:

$240,000$280,000

Recently Sold
Beds

3

Baths

3

Sq ft

2,332

Built

1968

Acres

0.23

Key things to know

  • Sold 16% below list in 152 days
  • Falenders Meadowood subdivision

From the listing

Picture yourself at 3159 Arbutus where this inviting single-family residence awaits, ready to be filled with laughter and memories! NO HOA! With freshly painted exterior done this month, gutters approximately 6 months old, roof approximately 5 years old, this home has been wonderfully taken care of. The living room stands ready to be the backdrop for everything from quiet evenings with a good book to lively gatherings with friends, offering a comforting embrace. Imagine crafting culinary delights in the recently renovated kitchen, where the backsplash adds a touch of flair, making every meal preparation a delightful experience. The bar, complete with stylish wood cabinets, promises to be the epicenter of good times and unforgettable celebrations. Step outside and discover an outdoor living space that extends the home's charm into the expansive fully fenced in 9845 square feet lot area, complete with a concrete patio, perfect for savoring morning coffees or hosting sunset soirees; plus, there's a powered shed for all your storage needs. This home offers a delightful blend of comfort and convenience, nestled in a desirable residential area. This 3-bedroom haven is more than just a …

A few highlights from the feature list:

Interior

Attic AccessHardwood Floors

Exterior

Barn MiniStorage

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

This home has sold:

Sold

$235,000

-$45,000 below list (-16.1%)

Closed
Apr 29, 2026
Listed at
$280,000
Sold
2 weeks ago
Sold in
152 days

Price history

  1. Sold$235,000

    Apr 29, 2026

  2. Price reduced$245,000 → $240,000

    Mar 20, 2026

  3. Listedat $280,000

    Oct 13, 2025

Falenders Meadowood · activity

past 6 months

Sold
9
Median price
$274,900
Median DOM
11 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 4907 W Deborah Street

    $249,900

    4907 W Deborah Street

    3bd · 2ba · 1,672 sqft

    Sold May 2026

  • 5555 Maplewood Drive

    $297,000

    5555 Maplewood Drive

    4bd · 3ba · 2,214 sqft

    Sold May 2026

  • 1050 N Lynhurst Drive

    $365,000

    1050 N Lynhurst Drive

    3bd · 4ba · 2,085 sqft

    Sold Apr 2026

  • 310 N Whitcomb Avenue

    $230,000

    310 N Whitcomb Avenue

    3bd · 2ba · 2,393 sqft

    Sold Apr 2026

  • 5340 Meadowood Drive

    $272,000

    5340 Meadowood Drive

    3bd · 2ba · 2,462 sqft

    Sold Sep 2024

Comparative value

5 comps in this range

This home is 14% below median for similar nearby sales.

$230K$365KMedian $272K
$235K

A few places to dig deeper:

Falenders Meadowood Indianapolis Public Schools

MLS# 22067566

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