OFF MARKET

Off market nov 2024 for $137K

$148,908

•

1,300

sq ft

4934 Allisonville Rd Unit E, Indianapolis, IN 46205

About this home

STUNNING lake views in this beautifully updated and immaculate home!! Open floorplan, large windows and gleaming hardwood floors create a modern day living experience! Oversized windows and sliding glass door recently replaced! Many other updates including stainless steel range/oven, stainless steel microwave oven, stainless steel refrigerator, stainless steel dishwasher, granite counter tops, pantry rolling shelves and custom doors, sliding barn door with full length mirrors on both sides, wi-fi thermostat, tiled kitchen backsplash, kitchen sink and faucet, reverse osmosis water system, water heater, light fixtures, window coverings and the list goes on! Enjoy morning coffee relaxing on the large tile-floored balcony (accessible from both the living room and primary bedroom) while enjoying breathtaking views of the lake! Gorgeous sunset views will help you unwind. Nickel Plate Trail just around the corner! Conveniently located near Broad Ripple and Downtown Indy!

CondoProperty Type

1965Year Built

3,306 sq ftLot Size

$115Est. Price/Sq.Ft.

Listed by Michael Chappell • F.C. Tucker Company

Contact: michael.chappell@talktotucker.com

Bought with Frank Tinsley • Highgarden Real Estate

Bought with Brenda Tinsley • Highgarden Real Estate

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #22006946

Redfin Estimate

$148,908

$11K since sold in November 2024$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 31.4% lower than the average sale price ($217K) of 6 comparable homes.

SOLD JUL 21, 2026
$145,000
A
2 beds2 baths1,225 sq ft
3036 Lake Shore Dr Unit A, Indianapolis, IN 46205
SOLD JUN 22, 2026
$60,000
B
2 beds2 baths1,314 sq ft
3036 Lake Shore Dr Unit C, Indianapolis, IN 46205
SOLD DEC 30, 2025
$144,500
C
2 beds2 baths1,400 sq ft
3016 Lake Shore Dr Unit B, Indianapolis, IN 46205
SOLD AUG 18, 2026
$184,000
D
2 beds2 baths1,360 sq ft
3965 N Meridian St Apt 2D, Indianapolis, IN 46208
SOLD SEP 19, 2026
$245,000
E
2 beds2 baths1,912 sq ft
5409 Greenwillow Rd, Indianapolis, IN 46226
SOLD SEP 1, 2026
$523,500
F
2 beds2 baths1,712 sq ft
5138 Boardwalk Pl, Indianapolis, IN 46220

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Earn from this home

Rent

$2,377/mo

Redfin rental estimate

List your home for rent

Market trends in 46205, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.1%

+0.7% MoM

Median sale price

$300K

$88 MoM

Avg. days on market

29d

1 days MoM

Recently sold homes

152

3 MoM

New listings for sale

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2325 N Delaware St, Indianapolis, IN 46205
$325,000
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4225 Westbourne Dr, Indianapolis, IN 46205
$295,000
3 beds2.5 baths2,456 sq ft
605 E 42nd St, Indianapolis, IN 46205
$519,900
5 beds3 baths4,032 sq ft
3250 Ruckle St, Indianapolis, IN 46205
3D WALKTHROUGH
$365,000
4 beds2 baths2,626 sq ft
4949 Crittenden Ave, Indianapolis, IN 46205
$249,900
2 beds2 baths1,448 sq ft
25 E 40th St Unit 5A, Indianapolis, IN 46205
$545,000
3 beds3 baths2,646 sq ft
4369 Central Ave, Indianapolis, IN 46205
3D WALKTHROUGH
$225,000
2 beds2 baths2,532 sq ft
3457 Carrollton Ave, Indianapolis, IN 46205
$290,000
3 beds2 baths2,064 sq ft
4523 Kingsley Dr, Indianapolis, IN 46205
VIDEO TOUR
$350,000
4 beds4 baths2,640 sq ft
421 E 33rd St, Indianapolis, IN 46205
See all

Provided by Redfin

Sale history for 4934 Allisonville Rd Unit E

Date

Event

Price

MIBOR as Distributed by MLS Grid #22006946

Nov 19, 2024

Sold

$137,500

$106/sq ft

Oct 24, 2024

Pending

—

Oct 22, 2024

Listed

$137,500

$106/sq ft

MIBOR as Distributed by MLS Grid #21684967

Jan 17, 2020

Sold

$72,900

$56/sq ft

Dec 13, 2019

Pending

—

Dec 5, 2019

Price Changed

$72,900

$56/sq ft

Dec 5, 2019

Listed

$172,900

$133/sq ft

+32

You will love this beautiful refurbished 3rd floor condo on Heron Lake. Unit is move in ready. New paint, refinished hardwood floors, new HV/AC in 2018, new lighting in the kitchen and dining room. You will enjoy the most spectacular sunsets from the double balcony that offers one of the best views of the lake of any condo. You can canoe, kayak, or paddle boat, swim and fish on this beautiful lake. Minutes from Broad Ripple, the Fairgrounds, Butler University, and many wonderful restaurants. Don't miss this opportunity for maintenance free living.

MIBOR as Distributed by MLS Grid #21574718

Jul 31, 2018

Sold

$65,900

$51/sq ft

Jun 29, 2018

Pending

—

Jun 16, 2018

Listed

$65,900

$51/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,060 (+23.9%)

$32,200 + $89,000

$121,200

2024

$855 (+4.1%)

$28,300 + $71,100

$99,400

2023

$821 (+96.0%)

$28,300 + $71,100

$99,400

2022

$419 (−3.2%)

$28,400 + $71,100

$99,500

2021

$433 (+8.0%)

$22,100 + $45,000

$67,100

2020

$401 (−10.6%)

$22,100 + $45,000

$67,100

2019

$449 (+17.8%)

$21,700 + $43,100

$64,800

2018

$381 (+5.9%)

$21,500 + $43,200

$64,700

2017

$359 (+32.1%)

$19,200 + $33,100

$52,300

2016

$272 (+32.0%)

$19,200 + $33,100

$52,300

2015

$206 (−4.6%)

$16,800 + $23,300

$40,100

2014

$216 (−27.3%)

$16,800 + $23,000

$39,800

2013

$297

$16,900 + $25,000

$41,900

Tax history for 4934 Allisonville Rd Unit E

Year

Property tax

Land + Additions

Assessment*

2025

$1,060 (+23.9%)

$32,200 + $89,000

$121,200

2024

$855 (+4.1%)

$28,300 + $71,100

$99,400

2023

$821 (+96.0%)

$28,300 + $71,100

$99,400

2022

$419 (−3.2%)

$28,400 + $71,100

$99,500

2021

$433 (+8.0%)

$22,100 + $45,000

$67,100

2020

$401 (−10.6%)

$22,100 + $45,000

$67,100

2019

$449 (+17.8%)

$21,700 + $43,100

$64,800

2018

$381 (+5.9%)

$21,500 + $43,200

$64,700

2017

$359 (+32.1%)

$19,200 + $33,100

$52,300

2016

$272 (+32.0%)

$19,200 + $33,100

$52,300

2015

$206 (−4.6%)

$16,800 + $23,300

$40,100

2014

$216 (−27.3%)

$16,800 + $23,000

$39,800

2013

$297

$16,900 + $25,000

$41,900

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Marion County

APN

490708104082000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling District Seven

The D-7 District is intended for medium density residential development, accommodating multifamily dwellings, triplex, fourplex, two-family and single-family attached dwellings. The District may be applied anywhere within the metropolitan area, provided, however, it should be closely associated with the primary intensity generators, such as commercial shopping centers or industrial employment centers. The District requires superior street access and all public utilities and facilities. Provisions for various modes of travel and pedestrian linkages are critical. Well-planned, on-site recreational facilities, selected to fit the site and residents' needs, must be developed to answer the demands of the higher density of residents. The D-7 District has a typical density of 12 to 15 units per gross acre fulfilling the medium density residential recommendation of the Comprehensive General Land Use Plan. Development plans should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site conditions, including vegetation, topography, drainage and wildlife.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Communications tower
Park & open space

Property details

Parking

Parking Information
Garage Parking Other: Common Lot
Parking Features: Carport, Detached, Asphalt

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 1300
Living Area: 1300
Main Level Sq. Ft.: 1300

Bedroom Information
Primary Bedroom Description: Balcony
# of Bedrooms Main: 2
Beds MU: 2
Bedrooms MU: 2

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 2
Full Bathrooms MU: 2

Room 1 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 17X15
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 10X10
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Features: Hardwood
Room Dimensions: 09X08
Room Level: Main

Room 4 Information
Room Features: Hardwood
Room Dimensions: 15X12
Room Level: Main

Room 5 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 13X11
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 5

Laundry Room Information
Laundry Features: Common Laundry

Heating & Cooling
Heating Information: Electric, Forced Air
Cooling Information: Central Electric

Interior Features
Interior Features: Hardwood Floors, Storage, Windows Thermal, Windows Vinyl
Appliances: Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator
Floor Number: 2

Exterior

Exterior Features
Exterior Features: Balcony
Fence YN: No

Waterfront Information
On Waterfront
Waterfront Features: Lake Privileges, Lake Front, Water Access, Water View, Waterfront

Farm Information
Horse Amenities: None

Property Information
Ownership Interest Types: Horizontal Prop Regime
Property Type: Residential
Property Condition: Updated/Remodeled
Attached Property
Has View
Property Sub Type: Condominium

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.08
Lot Features: Sidewalks

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Utilities: Cable Available, Sewer Connected, Water Connected
Solid Waste Information: No

Location

Multi-Unit Information
Unit Entry Level: 1

HOA Information
Has HOA
HOA Disclosures: Covenants & Restrictions
Association Amenities: Snow Removal, Trash, Water
Association Fee: $343
Association Fee Frequency: Monthly
Association Fee Includes: Association Home Owners, Sewer, Entrance Common, Lawncare, Trash

School Information
High School District: MSD Washington Township

Location Information
Directions: Allisonville Road entrances will likely be closed/locked. Please enter Heron Lake through the 52nd Street entrance.
Tax Legal Description: Heron Lake Horizontal Property Regime4934 E Allisonville Rd Unit E (Bldg 6) & .6383%Int In Common Areas

Condo Information
Condo Type: Horizontal
Condo Description Location: Building Common Entry,Upper Level

Community Information
Community Features: Lake, Sidewalks
Common Walls: 1 Common Wall
Low Maintenance Lifestyle YN: Yes

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Marion County
APN: 490708104082000800

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: michael.chappell@talktotucker.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Slab
Construction Materials: Brick
Levels: One

Around this home

Schools

Clearwater Elementary School

Public K-5 • Assigned • 3.6mi

7/10

Eastwood Middle School

Public 6-8 • Assigned • 1.9mi

9/10

North Central High School

Public 9-12 • Assigned • 4.6mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 18 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46205

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$142,000 – $172,000

Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.

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2 beds2 baths1,448 sq ft

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Home values near 4934 Allisonville Rd Unit E

Data from public records.

Address	Redfin Estimate
4940 Allisonville Rd Apt D, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$130,911
4940 Allisonville Rd Apt B, Indianapolis, IN 2 Beds \| 2 Baths \| 1347 Sq. Ft.	$148,655

Address	Redfin Estimate
4934 Allisonville Rd Apt C, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$123,342
4934 Allisonville Rd, Indianapolis, IN 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$145,222

Address	Redfin Estimate
4940 Allisonville Rd Apt A, Indianapolis, IN 2 Beds \| 2 Baths \| 1347 Sq. Ft.	$118,288
4934 Allisonville Rd Apt D, Indianapolis, IN 2 Beds \| 2 Baths \| 1392 Sq. Ft.	$146,945

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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