About This Single Family in the area, IN
This 3 bedroom, 2 bathroom single family is located in the area, IN. The property spans 9,401 square feet of living space. The property sold for $2,200,000, placing it in the luxury segment of the market.
Warren Beatty & Annette Bening's home. The actors own this property, and it is 1 of 3 parcels they own in the area, including their 9,401 sq ft main residence. They added this 3-bed, 2-bath, 3,104 sq ft home to their real estate portfolio in May of 2004 for $2.2M, according to public records.
Real Estate in the area, IN
Indiana offers highly competitive housing value among Midwestern states, with Indianapolis serving as an affordable urban market that has attracted significant corporate and sports industry investment in recent years. The state's other cities — Fort Wayne, Elkhart, South Bend, and Terre Haute — offer entry-level and mid-range properties that remain accessible even as markets elsewhere have appreciated substantially. Lake Michigan shoreline communities in northwest Indiana provide a distinct market where Chicago workers seek vacation retreats and second homes within driving distance.
What Determines Value in the Luxury Segment
In the luxury price range where this single family in the area sits, buyers are typically weighing a specific set of trade-offs. Luxury buyers tend to place greater weight on privacy, unique architectural features, lot quality, and the prestige of the specific address within a neighborhood. Luxury markets can be more sensitive to broader economic conditions and tend to have longer average days on market than mid-range properties.
Properties like this single family in the area are part of the Housle game database, where players compare real home prices from across America. Understanding what makes each home worth what it sold for — the location within its market, the specific features, the year it was built, and the condition at time of sale — is exactly the kind of knowledge that Housle builds through repeated exposure to real listings.
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