OFF MARKET

Off market aug 2024 for $130K

$139,782

•

1,300

sq ft

4940 Allisonville Rd Unit D, Indianapolis, IN 46205

About this home

Lakefront Condo Oasis Awaits! Unwind with relaxing views of Heron Lake in this peaceful 2-bedroom, 2-bathroom condo! This tranquil retreat boasts original hardwood floors throughout and expansive lake views from every room. Step outside to your private balcony accessible through sliding glass doors in the living room and primary bedroom, perfect for enjoying morning coffee or evening sunsets. Peace and Convenience: Quiet 2nd-floor location with an easy walk-up entrance. Secure, deeded 2-car garage provides ample parking. HOA covers heat, water, sewer, and trash collection, simplifying your life. Modern Comfort: Brand new AC ensures year-round comfort. Newer thermal windows offer improved energy efficiency. All kitchen appliances are included for a smooth move-in. Outdoor Activities and Easy Living: Enjoy lake access with docks that accommodate non-motorized boats and fishing. Common laundry room conveniently located on the next floor. Prime location with easy access to downtown Indianapolis, Broad Ripple, Fishers, and major highways. Numerous shopping options nearby. Quick access to the brand new Nickel Plate Trail under construction, connecting Indy to Fishers for biking and walking adventures. Don't miss this opportunity to live lakeside! Schedule your showing today!

CondoProperty Type

1965Year Built

3,306 sq ftLot Size

$108Est. Price/Sq.Ft.

2 car garageParking

Listed by Patricia Mera • @properties

Contact: tricia.mera@merarealtygroup.com

Bought with Julie Keen • eXp Realty, LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21987267

Redfin Estimate

$139,782

$9,782 since sold in August 2024$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.1% higher than the average sale price ($140K) 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 JUN 22, 2026
$60,000
C
2 beds2 baths1,314 sq ft
3036 Lake Shore Dr Unit C, Indianapolis, IN 46205
SOLD DEC 30, 2025
$144,500
D
2 beds2 baths1,400 sq ft
3016 Lake Shore Dr Unit B, Indianapolis, IN 46205
SOLD AUG 18, 2026
$184,000
E
2 beds2 baths1,360 sq ft
3965 N Meridian St Apt 2D, Indianapolis, IN 46208
SOLD OCT 20, 2026
$224,000
F
2 beds2 baths1,419 sq ft
5378 Whisperwood Ln, Indianapolis, IN 46226

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

Earn from this home

Rent

$2,375/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

New listings for sale

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NEW 1 DAY AGO
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3 beds2 baths2,184 sq ft
4702 Haverford Ave, Indianapolis, IN 46205
$235,000
4 beds2 baths1,456 sq ft
3201 Sutherland Ave, Indianapolis, IN 46205
$199,900
2 beds1 bath1,798 sq ft
607 E 50th St, Indianapolis, IN 46205
$850,000
5 beds4 baths3,502 sq ft
4625 Washington Blvd, Indianapolis, IN 46205
3D WALKTHROUGH
$230,000
2 beds1 bath2,299 sq ft
3408 N College Ave, Indianapolis, IN 46205
$1,249,000
3 beds4 baths3,417 sq ft
4054 N Pennsylvania St, Indianapolis, IN 46205
$415,000
4 beds3 baths2,176 sq ft
905 E 23rd St, Indianapolis, IN 46205
FOR SALE BY OWNER
$125,000
3 beds2 baths1,336 sq ft
4176 Winthrop Ave, Indianapolis, IN 46205
See all

Provided by Redfin

Sale history for 4940 Allisonville Rd Unit D

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

490708104078000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 28, 2024.

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 SqFt: 576
Parking Features: Detached, Asphalt, Electric Gate
Garage Spaces: 2
Has Garage

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,Closet Walk in
# 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
Primary Bathroom Description: Suite,Tub Full

Room 1 Information
Room Features: Hardwood
Room Dimensions: 15x12
Room Level: Main

Room 2 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 17x15
Room Level: Main

Room 3 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 13x10
Room Level: Main

Room 4 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 13x12
Room Level: Main

Room 5 Information
Room Type: Kitchen
Room Features: Vinyl Plank
Room Dimensions: 10x10
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: Radiant Ceiling
Cooling Information: Central Electric

Interior Features
Interior Features: Breakfast Bar, Hardwood Floors, Supplemental Storage, Windows Vinyl
Appliances: Common Laundry, Dishwasher, Electric Oven, Refrigerator
Floor Number: 2

Exterior

Exterior Features
Exterior Features: Balcony

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

Farm Information
Horse Amenities: None

Property Information
Ownership Interest Types: Horizontal Prop Regime
Other Equipment: Smoke Alarm
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
Solid Waste Information: Yes

Location

Multi-Unit Information
Unit Entry Level: 2

HOA Information
Has HOA
HOA Disclosures: Covenants & Restrictions,Rental Restrictions,Rules & Regulations,Transfer Fee
Association Amenities: Insurance, Maintenance Grounds, Maintenance, Management, Snow Removal, Trash, Clubhouse, Trail(s)
Association Fee: $348
Association Fee Frequency: Monthly
Association Fee Includes: Clubhouse, Common Heat, Sewer, Entrance Common, Insurance, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal, Trash, Walking Trails

School Information
High School District: MSD Washington Township

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

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

Community Information
Community Features: Fishing, Lake
Common Walls: End Unit
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: 490708104078000800

Home facts updated by county records on Jun 28, 2024

Other

Listing Information
Attribution Contact: tricia.mera@merarealtygroup.com

Green Information
Green Certification YN: No
Direction Faces: Northwest

Home Information
Foundation Details: Other
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

$133,000 – $161,000

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

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Home values near 4940 Allisonville Rd Unit D

Data from public records.

Address	Redfin Estimate
4942 Allisonville Rd Apartment F, Indianapolis, IN 4 Beds \| 2 Baths \| 1750 Sq. Ft.	$133,735
4934 Allisonville Rd Apartment C, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$119,307
5010 Allisonville Rd Apartment A, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$122,799
4934 Allisonville Rd, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$126,731
4942 Allisonville Rd Apartment E, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$126,220
4942 Allisonville Rd, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$121,535
3042 Lake Shore Dr Apartment D, Indianapolis, IN 2 Beds \| 2 Baths \| 1400 Sq. Ft.	—

Address	Redfin Estimate
4934 Allisonville Rd Apartment E, Indianapolis, IN 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$142,608
4940 Allisonville Rd Apartment 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 Apartment E, Indianapolis, IN 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$132,408
4940 Allisonville Rd, Indianapolis, IN 2 Beds \| 2 Baths \| 1224 Sq. Ft.	$102,799
4934 Allisonville Rd Apartment F, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$120,666
3042 Lake Shore Dr, Indianapolis, IN 2 Beds \| 2 Baths \| - Sq. Ft.	$74,718

Address	Redfin Estimate
5010 Allisonville Rd Apartment D, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$136,161
4940 Allisonville Rd Apartment B, Indianapolis, IN 2 Beds \| 2 Baths \| 1347 Sq. Ft.	$136,322
4934 Allisonville Rd Apartment D, Indianapolis, IN 2 Beds \| 2 Baths \| 1392 Sq. Ft.	$138,714
4942 Allisonville Rd Apartment B, Indianapolis, IN 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$137,833
5010 Allisonville Rd Apartment C, Indianapolis, IN 3 Beds \| 2 Baths \| 1754 Sq. Ft.	$106,185
4940 Allisonville Rd Apartment C, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$121,575

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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