OFF MARKET

Off market jan 2025 for $130K

$148,655

•

1,347

sq ft

4940 Allisonville Rd Unit B, Indianapolis, IN 46205

About this home

Updates already done for you. All you need to do is move in.Two bedroom, 2 full bath condo on lower walk out level. Has ideal layout with large living room overlooking picturesque lake. The primary bedroom also looks out at the lake. Hall bath has updated vanity, lighting and LPV flooring. Primary bath has updated vanity, lighting and shower door. Kitchen updated with new cabinet fronts, counter and LPV flooring. Relax in the 3 seasons sunroom. Kayak on the lake. Unit comes with 2 carports. Show drafts Spacious 2-Bedroom Condo with Lake Views. This charming 2-bedroom, 2-full bath condo offers the perfect blend of comfort and convenience. Located on the lower walk-out level, this home boasts an ideal layout with a large living room that overlooks a picturesque lake. The primary bedroom also enjoys stunning lake views. The condo has been thoughtfully updated with modern touches. The hall bath features an updated vanity, new lighting, and stylish LPV flooring. The primary bath has been refreshed with an updated vanity, new lighting, and a sleek shower door. The kitchen has been revitalized with new cabinet fronts, a contemporary countertop, and durable LPV flooring. Relax and unwind in the inviting 3-season sunroom, or enjoy the serenity of the lake with kayaking or fishing off the dock. The unit also comes with the convenience of 2 assigned carports. Convenient drive to downtown.

CondoProperty Type

1979Year Built

3,306 sq ftLot Size

$110Est. Price/Sq.Ft.

Listed by Barbara Bade • United Real Estate Indpls

Contact: barbsellshomes1914@gmail.com

Bought with Anita Adkins • Matlock Realty Group

Redfin checked: a few seconds ago

•Source:MIBOR as Distributed by MLS Grid #22013176

Redfin Estimate

$148,655

$19K since sold in January 2025$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 34.2% lower than the average sale price ($226K) of 6 comparable homes.

SOLD JUN 22, 2026
$60,000
A
2 beds2 baths1,314 sq ft
3036 Lake Shore Dr Unit C, 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 SEP 19, 2026
$245,000
C
2 beds2 baths1,912 sq ft
5409 Greenwillow Rd, Indianapolis, IN 46226
SOLD SEP 1, 2026
$523,500
D
2 beds2 baths1,712 sq ft
5138 Boardwalk Pl, Indianapolis, IN 46220
SOLD DEC 30, 2025
$144,500
E
2 beds2 baths1,400 sq ft
3016 Lake Shore Dr Unit B, Indianapolis, IN 46205
SOLD SEP 28, 2026
$238,000
F
2 beds2 baths1,428 sq ft
7685 River Rd, Indianapolis, IN 46240

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$2,384/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

NEW 23 HRS AGO
$699,900
4 beds3.5 baths4,661 sq ft
2325 N Delaware St, Indianapolis, IN 46205
$325,000
4 beds1.5 baths1,966 sq ft
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
$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 4940 Allisonville Rd Unit B

Join or sign in to view all info

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 (+6.3%)

$22,100 + $45,000

$67,100

2019

$377 (−71.1%)

$21,700 + $43,100

$64,800

2018

$1,304 (+6.2%)

$21,500 + $43,200

$64,700

2017

$1,228 (+39.8%)

$19,200 + $33,100

$52,300

2016

$878

$19,200 + $33,100

$52,300

Tax history for 4940 Allisonville Rd Unit B

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 (+6.3%)

$22,100 + $45,000

$67,100

2019

$377 (−71.1%)

$21,700 + $43,100

$64,800

2018

$1,304 (+6.2%)

$21,500 + $43,200

$64,700

2017

$1,228 (+39.8%)

$19,200 + $33,100

$52,300

2016

$878

$19,200 + $33,100

$52,300

*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

490708104089000800

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
Parking Features: Carport

Interior

Interior Sq. Ft. Information
Building Area Total: 1347
Living Area: 1347
Main Level Sq. Ft.: 1347

Bedroom Information
# 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: Carpet
Room Dimensions: 16x15
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Features: Carpet
Room Dimensions: 10x8
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Features: Vinyl Plank
Room Dimensions: 9x4
Room Level: Main

Room 4 Information
Room Features: Carpet
Room Dimensions: 14x11
Room Level: Main

Room 5 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 12x11
Room Level: Main

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

Laundry Room Information
Laundry Features: No Laundry Facil.

Heating & Cooling
Heating Information: Electric
Cooling Information: Central Electric

Interior Features
Interior Features: Pantry, Supplemental Storage, Windows Vinyl
Appliances: Common Laundry, Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator
Areas Interior: Living Room Formal

Exterior

Exterior Features
Patio And Porch Features: Glass Enclosed

Waterfront Information
On Waterfront

Farm Information
Horse Amenities: None

Property Information
Ownership Interest Types: Mandatory Fee
Property Type: Residential
Attached Property
Has View
Property Sub Type: Condominium

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.08

Utilities

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

Location

Multi-Unit Information
Unit Entry Level: 0

HOA Information
Has HOA
Association Amenities: Clubhouse, Maintenance Grounds, Management, Snow Removal, Trash
Association Fee: $350
Association Fee Frequency: Monthly
Association Fee Includes: Clubhouse, Maintenance Grounds, Nature Area, Management, Snow Removal, Trash

School Information
High School District: MSD Washington Township

Location Information
Directions: GPS Friendly
Tax Legal Description: Heron Lake Horizontal Property Regime4940 B Allisonville Rd Unit B (Bldg 6) & .6383%Int In Common Areas

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

Community Information
Community Features: Fishing, Lake, Street Lights
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: 490708104089000800

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: barbsellshomes1914@gmail.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 – $171,000

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

Nearby similar homes

$159,900

2 beds1.5 baths1,216 sq ft

1352 Tishman Ln, Indianapolis, IN 46260

3D WALKTHROUGH

$220,000

2 beds2 baths1,400 sq ft

7601 Newport Bay #122, Indianapolis, IN 46240

3D WALKTHROUGH

$779,000

2 beds2.5 baths3,868 sq ft

7927 Beaumont Green West Dr, Indianapolis, IN 46250

$115,000

2 beds1.5 baths1,216 sq ft

7445 Countrybrook Dr, Indianapolis, IN 46260

$159,900

2 beds2 baths2,148 sq ft

114 E 27th St, Indianapolis, IN 46205

$72,000

2 beds1 bath828 sq ft

4476 Abby Creek Ln, Indianapolis, IN 46205

New listings for sale in 46205

NEW 23 HRS AGO3D WALKTHROUGH

$699,900

4 beds3.5 baths4,661 sq ft

2325 N Delaware St, Indianapolis, IN 46205

$325,000

4 beds1.5 baths1,966 sq ft

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

$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

Home values near 4940 Allisonville Rd Unit B

Data from public records.

Address	Redfin Estimate
4942 Allisonville Rd Apt F, Indianapolis, IN 4 Beds \| 2 Baths \| 1750 Sq. Ft.	$139,755
4940 Allisonville Rd Apt D, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$130,911

Address	Redfin Estimate
4934 Allisonville Rd Apt E, Indianapolis, IN 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$148,908
4934 Allisonville Rd Apt C, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$123,342

Address	Redfin Estimate
5010 Allisonville Rd Apt D, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$145,530
4940 Allisonville Rd Apt A, Indianapolis, IN 2 Beds \| 2 Baths \| 1347 Sq. Ft.	$118,288

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

More real estate resources

Cities
Neighborhoods
Minor Civil Divisions
Zip Codes
Popular Searches

Fishers homes for sale
Zionsville homes for sale
Carmel homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Franklin Township homes for sale
Lawrence Township homes for sale
Pike Township homes for sale
Washington Township homes for sale
Center Township homes for sale

46226 homes for sale
46227 homes for sale
46217 homes for sale
46237 homes for sale
46220 homes for sale

Houses for rent in Indianapolis	Agents near me	Munster, IN homes for sale	Indianapolis Housing Market
Houses for sale near me	Indianapolis, IN homes for sale	Zionsville, IN homes for sale
Land for sale near me	Carmel, IN homes for sale	Crown Point, IN homes for sale
Open Houses near me	Fishers, IN homes for sale	Indianapolis Property Records
Condos for sale near me	Hammond, IN homes for sale	IN New Listings