OFF MARKET

Off market apr 2017 for $38K

$102,799

•

1,224

sq ft

4940 N Allisonville Rd Unit E, Indianapolis, IN 46205

About this home

CondoProperty Type

1965Year Built

4,321 sq ftLot Size

$84Est. Price/Sq.Ft.

1 car garageParking

Listed by Sumer Sharp • Coldwell Banker - Kaiser

Contact: yourhomeexpertteam@gmail.com

Bought with Michael Schafstall • Stratton Realty Group, LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21452757

Redfin Estimate

$102,799

$65K since sold in April 2017$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 21% lower than the average sale price ($130K) of 6 comparable homes.

SOLD OCT 15, 2026
$80,000
A
2 beds2 baths1,213 sq ft
3036 Lake Shore Dr Unit D, Indianapolis, IN 46205
SOLD JUL 21, 2026
$145,000
B
2 beds2 baths1,225 sq ft
3036 Lake Shore Dr Unit A, Indianapolis, IN 46205
SOLD OCT 19, 2026
$140,000
C
2 beds2 baths1,160 sq ft
3965 N Meridian St Unit 3J West, Indianapolis, IN 46208
SOLD JUN 22, 2026
$60,000
D
2 beds2 baths1,314 sq ft
3036 Lake Shore Dr Unit C, Indianapolis, IN 46205
SOLD OCT 20, 2026
$224,000
E
2 beds2 baths1,419 sq ft
5378 Whisperwood Ln, Indianapolis, IN 46226
SOLD JUL 15, 2026
$132,000
F
2 beds2 baths1,161 sq ft
3965 N Meridian St Apt 2J, Indianapolis, IN 46208

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Earn from this home

Rent

$2,352/mo

Redfin rental estimate

List your home for rent

Market trends in 46205, IN

Last updated October 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

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Provided by Redfin

Sale history for 4940 N Allisonville Rd Unit E

Date

Event

Price

MIBOR as Distributed by MLS Grid #21452757

Apr 12, 2017

Sold

$38,000

$31/sq ft

Mar 25, 2017

Pending

—

Mar 9, 2017

Relisted

—

Feb 16, 2017

Contingent

—

Dec 13, 2016

Price Changed

$48,900

$40/sq ft

Nov 11, 2016

Listed

$49,900

$41/sq ft

MIBOR as Distributed by MLS Grid #21056938

Apr 22, 2011

Listing Removed

—

Oct 6, 2010

Listed

$34,350

$28/sq ft

MIBOR as Distributed by MLS Grid #2445159

Aug 9, 2004

Listed

$64,500

$53/sq ft

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$2,835 (+11.9%)

$32,200 + $86,900

$119,100

2024

$2,534

$28,300 + $69,500

$97,800

2023

$2,535 (+43.9%)

$28,300 + $69,500

$97,800

2022

$1,761 (−1.1%)

$28,400 + $69,500

$97,900

2021

$1,781 (+9.0%)

$22,100 + $43,900

$66,000

2020

$1,634 (+6.3%)

$22,100 + $43,900

$66,000

2019

$1,536 (+25.5%)

$21,700 + $42,100

$63,800

2018

$1,224 (+6.1%)

$21,500 + $42,200

$63,700

2017

$1,153 (+36.3%)

$19,200 + $29,800

$49,000

2016

$846 (+9.0%)

$19,200 + $29,800

$49,000

2015

$776 (−4.9%)

$16,800 + $21,100

$37,900

2014

$816 (−23.0%)

$16,800 + $20,700

$37,500

2013

$1,060

$16,900 + $22,700

$39,600

Tax history for 4940 N Allisonville Rd Unit E

Year

Property tax

Land + Additions

Assessment*

2025

$2,835 (+11.9%)

$32,200 + $86,900

$119,100

2024

$2,534

$28,300 + $69,500

$97,800

2023

$2,535 (+43.9%)

$28,300 + $69,500

$97,800

2022

$1,761 (−1.1%)

$28,400 + $69,500

$97,900

2021

$1,781 (+9.0%)

$22,100 + $43,900

$66,000

2020

$1,634 (+6.3%)

$22,100 + $43,900

$66,000

2019

$1,536 (+25.5%)

$21,700 + $42,100

$63,800

2018

$1,224 (+6.1%)

$21,500 + $42,200

$63,700

2017

$1,153 (+36.3%)

$19,200 + $29,800

$49,000

2016

$846 (+9.0%)

$19,200 + $29,800

$49,000

2015

$776 (−4.9%)

$16,800 + $21,100

$37,900

2014

$816 (−23.0%)

$16,800 + $20,700

$37,500

2013

$1,060

$16,900 + $22,700

$39,600

*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

490708104084000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 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
Parking Total: 1
Parking Features: Carport
Garage Spaces: 1
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1224
Living Area: 1224
Main Level Sq. Ft.: 1224

Bedroom Information
Primary Bedroom Description: Balcony,Tub Full with Shower,Porch,Suite
# 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 Features: Hardwood
Room Dimensions: 14x10
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 12x10
Room Level: Main

Room 3 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 12x09
Room Level: Main

Room 4 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 09x07
Room Level: Main

Room 5 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 15x13
Room Level: Main

Fireplace Information
Fireplace Features: None

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

Interior Features
Interior Features: Hardwood Floors
Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator, Electric Water Heater
Areas Interior: Utility Room
Floor Number: 3

Exterior

Exterior Features
Exterior Features: Balcony

Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Smoke Alarm, Not Applicable
Property Type: Residential
Attached Property
Property Sub Type: Condominium

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.1

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Solid Waste Information: Yes

Location

Multi-Unit Information
Unit Entry Level: 1

HOA Information
Has HOA
Association Fee: $201
Association Fee Frequency: Monthly
Association Fee Includes: Entrance Common, Insurance, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal, Trash, Sewer

School Information
High School District: MSD Washington Township

Location Information
Directions: Allisonville to 52nd street, entrance into Heron Lake, to Unit#E 4940, building close to lake front.
Tax Legal Description: Heron Lake Horizontal

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

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Marion County
APN: 490708104084000800

Home facts updated by county records on Oct 19, 2026

Other

Listing Information
Attribution Contact: yourhomeexpertteam@gmail.com

Green Information
Green Certification YN: No

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

Around this home

Schools

K - 12
Preschool & daycare

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

$98,000 – $119,000

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Home values near 4940 N Allisonville Rd Unit E

Data from public records.

Address	Redfin Estimate
4942 Allisonville Rd Apt F, Indianapolis, IN 4 Beds \| 2 Baths \| 1750 Sq. Ft.	$133,735
4940 Allisonville Rd Apt D, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$127,163
4940 Allisonville Rd Apt B, Indianapolis, IN 2 Beds \| 2 Baths \| 1347 Sq. Ft.	$136,322
4934 Allisonville Rd Apt D, Indianapolis, IN 2 Beds \| 2 Baths \| 1392 Sq. Ft.	$138,714
4942 Allisonville Rd Apt B, Indianapolis, IN 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$137,833
4942 Allisonville Rd, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$121,535
4940 Allisonville Rd Apt C, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$121,575

Address	Redfin Estimate
4934 Allisonville Rd Apt E, Indianapolis, IN 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$142,608
4934 Allisonville Rd Apt C, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$119,307
5010 Allisonville Rd Apt A, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$122,799
4934 Allisonville Rd, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$126,731
4942 Allisonville Rd Apt E, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$126,220
4940 Allisonville Rd Apt D, Indianapolis, IN 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$139,782
3042 Lake Shore Dr Apt C, Indianapolis, IN 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$137,197

Address	Redfin Estimate
5010 Allisonville Rd Apt D, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$136,161
4940 Allisonville Rd Apt A, Indianapolis, IN 2 Beds \| 2 Baths \| 1347 Sq. Ft.	$112,601
4934 Allisonville Rd, Indianapolis, IN 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$138,486
4942 Allisonville Rd Apt E, Indianapolis, IN 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$132,408
5010 Allisonville Rd Apt C, Indianapolis, IN 3 Beds \| 2 Baths \| 1754 Sq. Ft.	$106,185
4934 Allisonville Rd Apt F, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$120,666
3042 Lake Shore Dr Apt D, Indianapolis, IN 2 Beds \| 2 Baths \| 1400 Sq. Ft.	—

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2016. This data may not match . Learn more.

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