4217 Douro Trl · Westfield, IN 46062

$318,500

3 bd · 2.5 ba · 2,002 sqft · Condo public records · 183 Days on market

Built 2025 $249/mo HOA · 10% of rent ↓ 17% since listing

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +9.1/30.0
• ARV discount +7.5/15.0
• Schools +5.5/10.0
• Livability +3.6/5.0
• Rent growth +3.5/5.0
• 1% rule +2.7/10.0
• DSCR +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

OPEN HOUSE SCHEDULED TODAY 5/3 CANCELLED DUE TO EMERGENCY. Best Buy in Bonterra!! Move right in and take advantage of all the upgrades this seller put into the home that MI did not offer. No need to wait to build. Seller is offering buyer $3,000 Closing cost concession that could be used for interest rate buydown. Quiet, serene setting in back of neighborhood. Enjoy the beautiful POND VIEW and all the sunsets you can take in! Newly (2025) constructed 3 bedroom, 2.5 bath. MI Trend Collection $48,000 Custom Kitchen upgrades: Stainless Steel appliance package (all are included), 42 " cabinets, large pantry, spacious island with breakfast bar. Custom Blinds throughout. Breakfast Room overlooks beautiful pond view. Kitchen is open to Family Room offering recessed lighting, an inviting electric fireplace and also has views of the pond. Upper level boasts 3 bedrooms. Primary ensuite offers view of the pond, tray ceiling, dual vanity and walk in closet. Laundry is located upstairs for ease . Washer and Dryer included. Enjoy low-maintenance living that includes lawn care, mulch, snow removal, irrigation and building exterior maintained by HOA. Start your day with a cup of coffee on the patio overlooking the tranquil pond, then head out for an adventure of walking or biking with direct access to the scenic Midland Trace Trail (with connection to the Monon Trail) Pet Friendly neighborhood with its own dog park, invisible fence can be put in back yard of home. This home is perfectly situated to take advantage of Westfield's vibrant community. Spend your afternoons at the newly established Simon Moon Park or enjoy an evening out in the lively Grand Junction area. This growing community also boasts highly rated schools, making it the ideal setting for an exceptional lifestyle for all. Paint has all been touched up and ready for its new owner.

Key facts

• Spacious island
• Highly rated schools
• Large pantry

Tags

• LARGE PANTRY
• SPACIOUS ISLAND
• ELECTRIC FIREPLACE
• LAUNDRY LOCATED UPSTAIRS
• DIRECT ACCESS TO DOG PARK
• HIGHLY RATED SCHOOLS

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath condo listed at $318k.

Deal economics

• At list price, monthly cash flow is $-246 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $275k (13.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $245k (23.2% below list).
• Recommended offer: $245k (23.2% below list) — sets the bar for 1% rule.
• Cap rate 5.4% vs local median 3.0% in Westfield — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#140 in IN) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Westfield-Washington Schools (suburban): math 58% / reading 64% proficiency, ranked #10 of 301 in IN (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 14% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising (+3.8%/yr); 414 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 4,661 units permitted in Hamilton County in 2024 (1,528 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Hamilton County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 183 days — a 12% lower offer ($280k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $50k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $244,709 (23.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 183 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.77% ✗
• Cap rate: 5.37%
• Cash-on-cash: -3.31%
• DSCR: 0.85
• GRM: 10.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.8% rent growth · sell at horizon

5-year hold

• IRR: -20.9%
• Equity multiple: 0.27×
• Total profit: $-65,248
• Equity at exit: $47,489

10-year hold

• IRR: -12.6%
• Equity multiple: 0.23×
• Total profit: $-68,588
• Equity at exit: $27,538

Cash invested: $89,180 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Indiana: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

10-day pay-or-quit; landlord-favorable; preempted.

Methodology + full state rankings →

ZIP-level market 46062

• Rents YoY: 3.8%
• Active inventory: 414
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $2,447 high
• Mortgage (P&I): −$1,670
• Tax from tax record: −$127 /mo · $1,523/yr
• Insurance: −$133
• HOA: −$249
• Vacancy / Maint / Mgmt: −$514
• Net cashflow: $-246

Break-even live

Break-even rent $2,758

Max offer price $275,104

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $79,625
• Closing costs: $9,555
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4217 Douro Trl Westfield, IN	3.0	2.5	2002	$2,300	$1.15	8d	1	0.02mi
17510 Gruner Way Westfield, IN	3.0	2.5	1778	$2,300	$1.29	44d	1	0.14mi
17541 Gruner Way Westfield, IN	2.0	2.5	2017	$2,595	$1.29	2d	1	0.17mi
17814 Gasparilla Ct Westfield, IN	3.0	2.5	1536	$2,255	$1.47	2d	1	0.39mi
4768 Beach Club Dr Westfield, IN	3.0	2.5	1828	$2,185	$1.20	2d	1	0.48mi
3541 Buckner Dr Westfield, IN	3.0	2.5	1836	$2,600	$1.42	18d	1	0.48mi
17701 Remy Rd Unit 1461636P Noblesville, IN	3.0	2.0	2260	$4,466	$1.98	15d	1	0.48mi
17701 Remy Rd Unit 1 Noblesville, IN	3.0	4.0	2295	$2,695	$1.17	15d	1	0.48mi
3517 Buckner Dr Westfield, IN	3.0	2.5	1836	$2,500	$1.36	18d	1	0.50mi
17754 Copse Dr Noblesville, IN	2.0–3.0	1.0–1.5	1208	$1,650	$1.37	24d	7	1.28mi

HOA detail condo

• Monthly dues: $249 · $2,988/yr
• Likely covers: electriclandscapingsnow removal
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 12 events

1. 2026-05-05
   status Pending 1877-char remark

   Show marketing remark (1877 chars)

   OPEN HOUSE SCHEDULED TODAY 5/3 CANCELLED DUE TO EMERGENCY. Best Buy in Bonterra!! Move right in and take advantage of all the upgrades this seller put into the home that MI did not offer. No need to wait to build. Seller is offering buyer $3,000 Closing cost concession that could be used for interest rate buydown. Quiet, serene setting in back of neighborhood. Enjoy the beautiful POND VIEW and all the sunsets you can take in! Newly (2025) constructed 3 bedroom, 2.5 bath. MI Trend Collection $48,000 Custom Kitchen upgrades: Stainless Steel appliance package (all are included), 42 " cabinets, large pantry, spacious island with breakfast bar. Custom Blinds throughout. Breakfast Room overlooks beautiful pond view. Kitchen is open to Family Room offering recessed lighting, an inviting electric fireplace and also has views of the pond. Upper level boasts 3 bedrooms. Primary ensuite offers view of the pond, tray ceiling, dual vanity and walk in closet. Laundry is located upstairs for ease . Washer and Dryer included. Enjoy low-maintenance living that includes lawn care, mulch, snow removal, irrigation and building exterior maintained by HOA. Start your day with a cup of coffee on the patio overlooking the tranquil pond, then head out for an adventure of walking or biking with direct access to the scenic Midland Trace Trail (with connection to the Monon Trail) Pet Friendly neighborhood with its own dog park, invisible fence can be put in back yard of home. This home is perfectly situated to take advantage of Westfield's vibrant community. Spend your afternoons at the newly established Simon Moon Park or enjoy an evening out in the lively Grand Junction area. This growing community also boasts highly rated schools, making it the ideal setting for an exceptional lifestyle for all. Paint has all been touched up and ready for its new owner.

2. 2026-04-15
   price $318,500 1877-char remark

   Show marketing remark (1877 chars)

   OPEN HOUSE SCHEDULED TODAY 5/3 CANCELLED DUE TO EMERGENCY. Best Buy in Bonterra!! Move right in and take advantage of all the upgrades this seller put into the home that MI did not offer. No need to wait to build. Seller is offering buyer $3,000 Closing cost concession that could be used for interest rate buydown. Quiet, serene setting in back of neighborhood. Enjoy the beautiful POND VIEW and all the sunsets you can take in! Newly (2025) constructed 3 bedroom, 2.5 bath. MI Trend Collection $48,000 Custom Kitchen upgrades: Stainless Steel appliance package (all are included), 42 " cabinets, large pantry, spacious island with breakfast bar. Custom Blinds throughout. Breakfast Room overlooks beautiful pond view. Kitchen is open to Family Room offering recessed lighting, an inviting electric fireplace and also has views of the pond. Upper level boasts 3 bedrooms. Primary ensuite offers view of the pond, tray ceiling, dual vanity and walk in closet. Laundry is located upstairs for ease . Washer and Dryer included. Enjoy low-maintenance living that includes lawn care, mulch, snow removal, irrigation and building exterior maintained by HOA. Start your day with a cup of coffee on the patio overlooking the tranquil pond, then head out for an adventure of walking or biking with direct access to the scenic Midland Trace Trail (with connection to the Monon Trail) Pet Friendly neighborhood with its own dog park, invisible fence can be put in back yard of home. This home is perfectly situated to take advantage of Westfield's vibrant community. Spend your afternoons at the newly established Simon Moon Park or enjoy an evening out in the lively Grand Junction area. This growing community also boasts highly rated schools, making it the ideal setting for an exceptional lifestyle for all. Paint has all been touched up and ready for its new owner.

3. 2026-04-13
   price $325,000 1877-char remark

   Show marketing remark (1877 chars)

   OPEN HOUSE SCHEDULED TODAY 5/3 CANCELLED DUE TO EMERGENCY. Best Buy in Bonterra!! Move right in and take advantage of all the upgrades this seller put into the home that MI did not offer. No need to wait to build. Seller is offering buyer $3,000 Closing cost concession that could be used for interest rate buydown. Quiet, serene setting in back of neighborhood. Enjoy the beautiful POND VIEW and all the sunsets you can take in! Newly (2025) constructed 3 bedroom, 2.5 bath. MI Trend Collection $48,000 Custom Kitchen upgrades: Stainless Steel appliance package (all are included), 42 " cabinets, large pantry, spacious island with breakfast bar. Custom Blinds throughout. Breakfast Room overlooks beautiful pond view. Kitchen is open to Family Room offering recessed lighting, an inviting electric fireplace and also has views of the pond. Upper level boasts 3 bedrooms. Primary ensuite offers view of the pond, tray ceiling, dual vanity and walk in closet. Laundry is located upstairs for ease . Washer and Dryer included. Enjoy low-maintenance living that includes lawn care, mulch, snow removal, irrigation and building exterior maintained by HOA. Start your day with a cup of coffee on the patio overlooking the tranquil pond, then head out for an adventure of walking or biking with direct access to the scenic Midland Trace Trail (with connection to the Monon Trail) Pet Friendly neighborhood with its own dog park, invisible fence can be put in back yard of home. This home is perfectly situated to take advantage of Westfield's vibrant community. Spend your afternoons at the newly established Simon Moon Park or enjoy an evening out in the lively Grand Junction area. This growing community also boasts highly rated schools, making it the ideal setting for an exceptional lifestyle for all. Paint has all been touched up and ready for its new owner.

4. 2026-03-25
   price $335,000 1877-char remark

   Show marketing remark (1877 chars)

   OPEN HOUSE SCHEDULED TODAY 5/3 CANCELLED DUE TO EMERGENCY. Best Buy in Bonterra!! Move right in and take advantage of all the upgrades this seller put into the home that MI did not offer. No need to wait to build. Seller is offering buyer $3,000 Closing cost concession that could be used for interest rate buydown. Quiet, serene setting in back of neighborhood. Enjoy the beautiful POND VIEW and all the sunsets you can take in! Newly (2025) constructed 3 bedroom, 2.5 bath. MI Trend Collection $48,000 Custom Kitchen upgrades: Stainless Steel appliance package (all are included), 42 " cabinets, large pantry, spacious island with breakfast bar. Custom Blinds throughout. Breakfast Room overlooks beautiful pond view. Kitchen is open to Family Room offering recessed lighting, an inviting electric fireplace and also has views of the pond. Upper level boasts 3 bedrooms. Primary ensuite offers view of the pond, tray ceiling, dual vanity and walk in closet. Laundry is located upstairs for ease . Washer and Dryer included. Enjoy low-maintenance living that includes lawn care, mulch, snow removal, irrigation and building exterior maintained by HOA. Start your day with a cup of coffee on the patio overlooking the tranquil pond, then head out for an adventure of walking or biking with direct access to the scenic Midland Trace Trail (with connection to the Monon Trail) Pet Friendly neighborhood with its own dog park, invisible fence can be put in back yard of home. This home is perfectly situated to take advantage of Westfield's vibrant community. Spend your afternoons at the newly established Simon Moon Park or enjoy an evening out in the lively Grand Junction area. This growing community also boasts highly rated schools, making it the ideal setting for an exceptional lifestyle for all. Paint has all been touched up and ready for its new owner.

5. 2026-02-21
   price $339,999 1877-char remark

   Show marketing remark (1877 chars)

   OPEN HOUSE SCHEDULED TODAY 5/3 CANCELLED DUE TO EMERGENCY. Best Buy in Bonterra!! Move right in and take advantage of all the upgrades this seller put into the home that MI did not offer. No need to wait to build. Seller is offering buyer $3,000 Closing cost concession that could be used for interest rate buydown. Quiet, serene setting in back of neighborhood. Enjoy the beautiful POND VIEW and all the sunsets you can take in! Newly (2025) constructed 3 bedroom, 2.5 bath. MI Trend Collection $48,000 Custom Kitchen upgrades: Stainless Steel appliance package (all are included), 42 " cabinets, large pantry, spacious island with breakfast bar. Custom Blinds throughout. Breakfast Room overlooks beautiful pond view. Kitchen is open to Family Room offering recessed lighting, an inviting electric fireplace and also has views of the pond. Upper level boasts 3 bedrooms. Primary ensuite offers view of the pond, tray ceiling, dual vanity and walk in closet. Laundry is located upstairs for ease . Washer and Dryer included. Enjoy low-maintenance living that includes lawn care, mulch, snow removal, irrigation and building exterior maintained by HOA. Start your day with a cup of coffee on the patio overlooking the tranquil pond, then head out for an adventure of walking or biking with direct access to the scenic Midland Trace Trail (with connection to the Monon Trail) Pet Friendly neighborhood with its own dog park, invisible fence can be put in back yard of home. This home is perfectly situated to take advantage of Westfield's vibrant community. Spend your afternoons at the newly established Simon Moon Park or enjoy an evening out in the lively Grand Junction area. This growing community also boasts highly rated schools, making it the ideal setting for an exceptional lifestyle for all. Paint has all been touched up and ready for its new owner.

6. 2026-01-30
   price $348,999 1877-char remark

   Show marketing remark (1877 chars)

   OPEN HOUSE SCHEDULED TODAY 5/3 CANCELLED DUE TO EMERGENCY. Best Buy in Bonterra!! Move right in and take advantage of all the upgrades this seller put into the home that MI did not offer. No need to wait to build. Seller is offering buyer $3,000 Closing cost concession that could be used for interest rate buydown. Quiet, serene setting in back of neighborhood. Enjoy the beautiful POND VIEW and all the sunsets you can take in! Newly (2025) constructed 3 bedroom, 2.5 bath. MI Trend Collection $48,000 Custom Kitchen upgrades: Stainless Steel appliance package (all are included), 42 " cabinets, large pantry, spacious island with breakfast bar. Custom Blinds throughout. Breakfast Room overlooks beautiful pond view. Kitchen is open to Family Room offering recessed lighting, an inviting electric fireplace and also has views of the pond. Upper level boasts 3 bedrooms. Primary ensuite offers view of the pond, tray ceiling, dual vanity and walk in closet. Laundry is located upstairs for ease . Washer and Dryer included. Enjoy low-maintenance living that includes lawn care, mulch, snow removal, irrigation and building exterior maintained by HOA. Start your day with a cup of coffee on the patio overlooking the tranquil pond, then head out for an adventure of walking or biking with direct access to the scenic Midland Trace Trail (with connection to the Monon Trail) Pet Friendly neighborhood with its own dog park, invisible fence can be put in back yard of home. This home is perfectly situated to take advantage of Westfield's vibrant community. Spend your afternoons at the newly established Simon Moon Park or enjoy an evening out in the lively Grand Junction area. This growing community also boasts highly rated schools, making it the ideal setting for an exceptional lifestyle for all. Paint has all been touched up and ready for its new owner.

7. 2026-01-19
   price $349,000 1877-char remark

   Show marketing remark (1877 chars)

   OPEN HOUSE SCHEDULED TODAY 5/3 CANCELLED DUE TO EMERGENCY. Best Buy in Bonterra!! Move right in and take advantage of all the upgrades this seller put into the home that MI did not offer. No need to wait to build. Seller is offering buyer $3,000 Closing cost concession that could be used for interest rate buydown. Quiet, serene setting in back of neighborhood. Enjoy the beautiful POND VIEW and all the sunsets you can take in! Newly (2025) constructed 3 bedroom, 2.5 bath. MI Trend Collection $48,000 Custom Kitchen upgrades: Stainless Steel appliance package (all are included), 42 " cabinets, large pantry, spacious island with breakfast bar. Custom Blinds throughout. Breakfast Room overlooks beautiful pond view. Kitchen is open to Family Room offering recessed lighting, an inviting electric fireplace and also has views of the pond. Upper level boasts 3 bedrooms. Primary ensuite offers view of the pond, tray ceiling, dual vanity and walk in closet. Laundry is located upstairs for ease . Washer and Dryer included. Enjoy low-maintenance living that includes lawn care, mulch, snow removal, irrigation and building exterior maintained by HOA. Start your day with a cup of coffee on the patio overlooking the tranquil pond, then head out for an adventure of walking or biking with direct access to the scenic Midland Trace Trail (with connection to the Monon Trail) Pet Friendly neighborhood with its own dog park, invisible fence can be put in back yard of home. This home is perfectly situated to take advantage of Westfield's vibrant community. Spend your afternoons at the newly established Simon Moon Park or enjoy an evening out in the lively Grand Junction area. This growing community also boasts highly rated schools, making it the ideal setting for an exceptional lifestyle for all. Paint has all been touched up and ready for its new owner.

8. 2026-01-05
   price $355,000 1877-char remark

   Show marketing remark (1877 chars)

   OPEN HOUSE SCHEDULED TODAY 5/3 CANCELLED DUE TO EMERGENCY. Best Buy in Bonterra!! Move right in and take advantage of all the upgrades this seller put into the home that MI did not offer. No need to wait to build. Seller is offering buyer $3,000 Closing cost concession that could be used for interest rate buydown. Quiet, serene setting in back of neighborhood. Enjoy the beautiful POND VIEW and all the sunsets you can take in! Newly (2025) constructed 3 bedroom, 2.5 bath. MI Trend Collection $48,000 Custom Kitchen upgrades: Stainless Steel appliance package (all are included), 42 " cabinets, large pantry, spacious island with breakfast bar. Custom Blinds throughout. Breakfast Room overlooks beautiful pond view. Kitchen is open to Family Room offering recessed lighting, an inviting electric fireplace and also has views of the pond. Upper level boasts 3 bedrooms. Primary ensuite offers view of the pond, tray ceiling, dual vanity and walk in closet. Laundry is located upstairs for ease . Washer and Dryer included. Enjoy low-maintenance living that includes lawn care, mulch, snow removal, irrigation and building exterior maintained by HOA. Start your day with a cup of coffee on the patio overlooking the tranquil pond, then head out for an adventure of walking or biking with direct access to the scenic Midland Trace Trail (with connection to the Monon Trail) Pet Friendly neighborhood with its own dog park, invisible fence can be put in back yard of home. This home is perfectly situated to take advantage of Westfield's vibrant community. Spend your afternoons at the newly established Simon Moon Park or enjoy an evening out in the lively Grand Junction area. This growing community also boasts highly rated schools, making it the ideal setting for an exceptional lifestyle for all. Paint has all been touched up and ready for its new owner.

9. 2025-11-02
   listed $369,000 Active 1877-char remark

   Show marketing remark (1877 chars)

   OPEN HOUSE SCHEDULED TODAY 5/3 CANCELLED DUE TO EMERGENCY. Best Buy in Bonterra!! Move right in and take advantage of all the upgrades this seller put into the home that MI did not offer. No need to wait to build. Seller is offering buyer $3,000 Closing cost concession that could be used for interest rate buydown. Quiet, serene setting in back of neighborhood. Enjoy the beautiful POND VIEW and all the sunsets you can take in! Newly (2025) constructed 3 bedroom, 2.5 bath. MI Trend Collection $48,000 Custom Kitchen upgrades: Stainless Steel appliance package (all are included), 42 " cabinets, large pantry, spacious island with breakfast bar. Custom Blinds throughout. Breakfast Room overlooks beautiful pond view. Kitchen is open to Family Room offering recessed lighting, an inviting electric fireplace and also has views of the pond. Upper level boasts 3 bedrooms. Primary ensuite offers view of the pond, tray ceiling, dual vanity and walk in closet. Laundry is located upstairs for ease . Washer and Dryer included. Enjoy low-maintenance living that includes lawn care, mulch, snow removal, irrigation and building exterior maintained by HOA. Start your day with a cup of coffee on the patio overlooking the tranquil pond, then head out for an adventure of walking or biking with direct access to the scenic Midland Trace Trail (with connection to the Monon Trail) Pet Friendly neighborhood with its own dog park, invisible fence can be put in back yard of home. This home is perfectly situated to take advantage of Westfield's vibrant community. Spend your afternoons at the newly established Simon Moon Park or enjoy an evening out in the lively Grand Junction area. This growing community also boasts highly rated schools, making it the ideal setting for an exceptional lifestyle for all. Paint has all been touched up and ready for its new owner.

10. 2025-04-24
    soldstatus $342,800 Closed 1186-char remark

    Show marketing remark (1186 chars)

    High style, high quality townhome at a prime location! This new construction Modern Farmhouse style townhome is situated on a beautiful pond. Whether to have a cup of coffee in the morning or enjoy a glass of wine in the evening, you will find the views stunning! The main level of the home has an open concept. The kitchen with a large island serves as the center piece of the home. You will be surprised by how large the storage space under the stairs. Upstairs, both primary bedroom and bedroom #3 have the relaxing view of the pond. The bedroom #2 large and private with a full bath next to it. Perfect for an office, hobby room or a guest suite. The large laundry room is very conveniently located between the bedrooms. Bonterra has direct access to Midland Trace Trail that connects to Monon Trail. Walk or bike to charming downtown of Westfield is a breeze. The construction of the "Shops at Bonterra" at the front of the neighborhood is recently completed. There will be coffee shops, restaurants, and many other retails shops in there. Move in to a Boutique townhome, walk to shops and Midland Trace Trail. Experience this amazing lifestyle!

11. 2025-03-03
    status Pending 1186-char remark

    Show marketing remark (1186 chars)

    High style, high quality townhome at a prime location! This new construction Modern Farmhouse style townhome is situated on a beautiful pond. Whether to have a cup of coffee in the morning or enjoy a glass of wine in the evening, you will find the views stunning! The main level of the home has an open concept. The kitchen with a large island serves as the center piece of the home. You will be surprised by how large the storage space under the stairs. Upstairs, both primary bedroom and bedroom #3 have the relaxing view of the pond. The bedroom #2 large and private with a full bath next to it. Perfect for an office, hobby room or a guest suite. The large laundry room is very conveniently located between the bedrooms. Bonterra has direct access to Midland Trace Trail that connects to Monon Trail. Walk or bike to charming downtown of Westfield is a breeze. The construction of the "Shops at Bonterra" at the front of the neighborhood is recently completed. There will be coffee shops, restaurants, and many other retails shops in there. Move in to a Boutique townhome, walk to shops and Midland Trace Trail. Experience this amazing lifestyle!

12. 2025-02-03
    listed $385,250 Active 1186-char remark

    Show marketing remark (1186 chars)

    High style, high quality townhome at a prime location! This new construction Modern Farmhouse style townhome is situated on a beautiful pond. Whether to have a cup of coffee in the morning or enjoy a glass of wine in the evening, you will find the views stunning! The main level of the home has an open concept. The kitchen with a large island serves as the center piece of the home. You will be surprised by how large the storage space under the stairs. Upstairs, both primary bedroom and bedroom #3 have the relaxing view of the pond. The bedroom #2 large and private with a full bath next to it. Perfect for an office, hobby room or a guest suite. The large laundry room is very conveniently located between the bedrooms. Bonterra has direct access to Midland Trace Trail that connects to Monon Trail. Walk or bike to charming downtown of Westfield is a breeze. The construction of the "Shops at Bonterra" at the front of the neighborhood is recently completed. There will be coffee shops, restaurants, and many other retails shops in there. Move in to a Boutique townhome, walk to shops and Midland Trace Trail. Experience this amazing lifestyle!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IN · Partial reset (capped growth)

• Current annual tax: $1,523 · $127/mo
• Projected year-2 tax: $2,115 · $176/mo
• Expected delta: +$592/yr (+$49/mo · 38.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $29,365
• − Mortgage interest: −$17,841
• − Property taxes: −$1,523
• − Insurance: −$1,592
• − Repairs & maintenance: −$2,349
• − Management: −$2,349
• − HOA: −$2,988
• − Depreciation: −$9,265
• Taxable loss: −$8,543
• Est. tax savings @ 24.0%: +$2,050
• After-tax cash flow: $-898/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Westfield-Washington Schools
• NCES district ID: 1813080
• Math proficiency: 58% ▼ -9.00%
• Reading proficiency: 64% ▼ -3.00%
• Median HH income: $82,682
• Composite: 55.01/100
• National rank: #1295
• State rank: #10 of 301 in IN

Livability — Westfield

• Score: 71/100
• State rank: #140
• US rank: #7263

Category grades

Amenities F Commute F Cost of living B Crime A+ Employment A+ Housing A+ Health & safety F User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Westfield, IN
• County: Hamilton County · 337,479 people
• City population: 48,901
• Metro: Indianapolis-Carmel-Anderson, IN
• Population (ZIP): 41,060
• Household income: $120,100
• Rent vs Own: 21.4% rent · 78.6% own
• Severe rent burden: 401.0

Population outlook (Hamilton County) Hauer SSP2

• Today (2025): 381,938 people
• By 2030: 417,496 · +9.3%
• By 2040: 486,684 · +27.4%
• By 2050: 549,805 · +44.0%
• By 2075: 687,078 · +79.9%
• By 2100: 754,495 · +97.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Black 5% Two or more races 4% Hispanic / Latino 4% Asian 3%
• Common ancestry: Romanian 3% Slovak 3% Italian 2%
• Foreign-born: 6% · Canada, Vietnam
• Languages at home: 94% English-only · Other Indo-European 2% Spanish 1% Other Asian/Pacific 1%

Political lean MEDSL · Hamilton

• 2024 margin: Lean R (+6.1) · D 46.0% · R 52.1% · Other 1.9%
• 2008→2024 swing: +16.2pp toward D · 2008: -22.2pp · 2024: -6.1pp
• All cycles: 2024: R+6.1 2020: R+6.8 2016: R+19.6 2012: R+34.3 2008: R+22.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -177.18%
• Current HPI: 227.776
• Rent YoY: ▲ 3.80%
• Metro: Indianapolis-Carmel-Anderson, IN
• State GDP YoY: ▲ 2.90%
• F500 in state: 18

Industry mix (Fortune 500 HQ in IN)

Industry	F500 HQs	Revenue
▸Industrial Machinery	2	$37B
▸Healthcare	1	$177B
▸Pharmaceuticals	1	$45B
▸Metals / Steel	1	$18B
▸Agriculture	1	$17B
▸Packaging	1	$12B

Price history

-17.3% since first listed

12 events — show timeline

• 2026-05-05 Pending — MIBOR as Distributed by MLS Grid
• 2026-04-15 Price Changed $318,500 MIBOR as Distributed by MLS Grid
• 2026-04-13 Price Changed $325,000 MIBOR as Distributed by MLS Grid
• 2026-03-25 Price Changed $335,000 MIBOR as Distributed by MLS Grid
• 2026-02-21 Price Changed $339,999 MIBOR as Distributed by MLS Grid
• 2026-01-30 Price Changed $348,999 MIBOR as Distributed by MLS Grid
• 2026-01-19 Price Changed $349,000 MIBOR as Distributed by MLS Grid
• 2026-01-05 Price Changed $355,000 MIBOR as Distributed by MLS Grid
• 2025-11-02 Listed $369,000 MIBOR as Distributed by MLS Grid
• 2025-04-24 Sold (MLS) $342,800 MIBOR as Distributed by MLS Grid
• 2025-03-03 Pending — MIBOR as Distributed by MLS Grid
• 2025-02-03 Listed $385,250 MIBOR as Distributed by MLS Grid