4940 Allisonville Rd Unit A, Indianapolis, IN 46205
About this home
Come and relax the lake view condo ! Freshly painted condo comes with new laminate floor and carpets throughout the home.Updated kitchen and appliances. 2 bedrooms with 2 full baths and a sun room. Sun room opens to the lake view. Maintenance free, comes with two garage # 114 and 115.The laundry is conveniently located in the main floor, right after opening the front door. New price is adjusted, what are you waiting for ?
CondoProperty Type
1965Year Built
3,306 sq ftLot Size
$88Est. Price/Sq.Ft.
2 car garageParking
Listed by Van Ling• Keller Williams Indy Metro Partners
Contact: vanl@kw.com
Bought with Ronald Fisher• The Discovery Group, Inc
*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
490708104107000800
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
D7
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 Features: Detached
Garage Spaces: 2
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 1347
Living Area: 1347
Main Level Sq. Ft.: 1347
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
Primary Bedroom Description: Porch
# 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: Carpet
Room Dimensions: 12x15
Room Level: Main
Room 2 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 12x13
Room Level: Main
Room 3 Information
Room Type: Living Room
Room Features: Laminate
Room Dimensions: 15x18
Room Level: Main
Room 4 Information
Room Type: Kitchen
Room Dimensions: 8x9
Room Level: Main
Room 5 Information
Room Type: Dining Room
Room Features: Laminate
Room Dimensions: 10x13
Room Level: Main
Room 6 Information
Room Type: Sun Room
Room Dimensions: 6x25
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 6
Rooms Basement: 0
# of Rooms: 6
Heating & Cooling
Heating Information: Forced Air, Electric
Cooling Information: Central Electric
Interior Features
Interior Features: Windows Vinyl, Breakfast Bar
Appliances: Electric Cooktop, Dishwasher, Disposal, Common Laundry, MicroHood, Electric Water Heater
Floor Number: 1
Exterior
Building Information
Percent Optional Level Finished: 0-25%
Property Information
Ownership Interest Types: Mandatory Fee
Property Type: Residential
Attached Property
Property Sub Type: Condominium
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.0759
Utilities
Utility Information
Utility Prim Sewage Disp: Community Sewer
Water Source: Community Water
Utilities: Cable Available
Solid Waste Information: Yes
Location
Multi-Unit Information
Unit Entry Level: 01
HOA Information
Has HOA
Association Fee: $205
Association Fee Frequency: Monthly
Association Fee Includes: Association Home Owners, Clubhouse
School Information
High School District: MSD Washington Township
Location Information
Directions: From 465 take exit 40 to E 56th Street. Turn south on Allisonville Rd.Take west on 52nd Street the Heron Lake Community will be on there.
Tax Legal Description: HERON LAKE HORIZONTAL PROPERTY REGIME4940 A ALLISONVILLE RD UNIT A (BLDG 6) & .6383%INT IN COMMON AREAS
Condo Information
Condo Type: Horizontal
Condo Description Location: Building Common Entry,Ground Level
Community Information
Common Walls: 1 Common Wall
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Marion County
APN: 490708104107000800
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: vanl@kw.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)
32
18
42
27
60
40
68
49
71
54
83
67
88
71
83
65
82
59
71
49
54
40
42
28
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
$113,000 – $137,000
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