The property at 7105 Sylvan Ridge Rd stands out with 5 beds, 4 baths, and 4,410 sqft, fully renovated with high-end finishes. However, its $249/sqft list price is above several local comps, with recent sales for similar 5-bed homes in the $218-$304/sqft range and median sale prices from $830,000 to $1,495,000. The listing has been on market for over 37 days, indicating above-average time to close for the area and price segment, especially as the Indianapolis market shifts toward increased inventory and more buyer leverage[2][4].
To maximize sales potential, consider a modest price reduction to align more closely with recent high-end sales per square foot, and highlight the full remodel, luxury finishes, and expanded layout in marketing. Stage the home, leverage professional photography, and target executive buyers seeking turnkey luxury in established neighborhoods. Expect a longer closing timeline unless the price is adjusted or buyer incentives are offered.