OFF MARKET

Off Market Dec 2022 for $122K

$146,744

•

1,600

sq ft

5034 Unit F Allisonville Rd, Indianapolis, IN 46205

About this home

Water view, rare find: four-bedroom, two-bath, 1600-foot condo on Heron Lake! Wonderful open layout. Gorgeous hardwood floors. Imagine kayaking or fishing on the lake, or taking morning coffee on your enclosed balcony you can access directly from your bedroom or dining area! Two dedicated parking spaces in the carport. (Two of the four bedrooms are now being used as storage in preparation for moving so those rooms aren't pictured here).Affordable monthly condo fee currently $321 covers water, sewer, snow removal, grounds maintenance, storage, trash and more. Great location! Easy access to Downtown Indy, Castleton, and Keystone Crossing.

CondoProperty Type

1965Year Built

4,791 sq ftLot Size

$92Est. Price/Sq.Ft.

2 car garageParking

Listed by Deb Kent • Compass Indiana, LLC

Contact: deb@debkent.com

Bought with Charlene Gaard • No Limit Real Estate, LLC

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21889268

Redfin Estimate

$146,744

$24K since sold in December 2022$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.8% lower than the average sale price ($178K) of 6 comparable homes.

SOLD SEP 14, 2026
$80,000
A
4 beds2 baths1,712 sq ft
5022 Allisonville Rd Unit E, Indianapolis, IN 46205
SOLD JUN 30, 2026
$137,000
B
3 beds2 baths1,700 sq ft
5034 Allisonville Rd Unit C, Indianapolis, IN 46205
SOLD DEC 5, 2025
$125,000
C
3 beds2 baths1,700 sq ft
5026 Allisonville Rd Unit C, Indianapolis, IN 46205
SOLD JUN 22, 2026
$60,000
D
2 beds2 baths1,314 sq ft
3036 Lake Shore Dr Unit C, Indianapolis, IN 46205
SOLD JUL 21, 2026
$145,000
E
2 beds2 baths1,225 sq ft
3036 Lake Shore Dr Unit A, Indianapolis, IN 46205
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

$2,657/mo

Redfin rental estimate

List your home for rent

Market trends in 46205, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.5%

0.2% MoM

Median sale price

$299K

$13K MoM

Avg. days on market

28d

8 days MoM

Recently sold homes

161

5 MoM

New listings for sale

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2 beds1 bath1,380 sq ft
1422 E 49th St, Indianapolis, IN 46205
$300,000
3 beds2 baths3,267 sq ft
5151 Guilford Ave, Indianapolis, IN 46205
OPEN WED, 6PM TO 7PM
$280,000
2 beds1 bath1,232 sq ft
4927 Caroline Ave, Indianapolis, IN 46205
$120,000
3 beds1 bath— sq ft
4502 N Dearborn St, Indianapolis, IN 46205
(219) 786-7000
$279,000
3 beds1 bath2,971 sq ft
1449 Fairfield Ave, Indianapolis, IN 46205
$425,000
6 beds2.5 baths2,922 sq ft
3907 Ruckle St, Indianapolis, IN 46205
$338,000
4 beds2 baths2,938 sq ft
4316 Carrollton Ave, Indianapolis, IN 46205
$219,900
3 beds2 baths1,286 sq ft
1702 E 46th St, Indianapolis, IN 46205
$1,499,000
4 beds4 baths4,417 sq ft
3159 N Pennsylvania St, Indianapolis, IN 46205
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See all

Provided by Redfin

Sale history for 5034 Unit F Allisonville Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21889268

Dec 27, 2022

Sold

$122,500

$77/sq ft

Dec 13, 2022

Pending

—

Nov 29, 2022

Price Changed

$145,000

$91/sq ft

Nov 14, 2022

Relisted

—

Nov 3, 2022

Pending

—

Oct 27, 2022

Price Changed

$152,000

$95/sq ft

Oct 19, 2022

Listed

$160,000

$100/sq ft

MIBOR as Distributed by MLS Grid #21167476

Dec 3, 2012

Listing Removed

—

Dec 3, 2012

Sold

$47,500

$30/sq ft

Mar 24, 2012

Listed

$59,900

$37/sq ft

+10

Lrg 3rd Fl 4BR 2 FuBa Condo on 17ac lake/swimming/fishing/boating in SOBRO area. 2br's have balconies. Full View Liv/Dn windows. 10" high ceilings. Newer A/C. Airtight Windows. Hardwood floors throughout. Paddle boat and 2 paid carports . Furn. is negot. All appliances stay. Ceiling fans throughout. Seller is motivated. A great buy! Av. elect 100/mo. Water/sewer in mo. fee. Near shopping. This home is move-in condition. Ask abt Home Warranty at closing. North Central /John Strange schools.

Year

Property tax

Land + Additions

Assessment*

2025

$3,765 (+12.4%)

$47,100 + $111,800

$158,900

2024

$3,349 (+162.4%)

$41,500 + $88,400

$129,900

2023

$1,276 (+82.2%)

$41,500 + $88,400

$129,900

2022

$701 (−1.8%)

$41,500 + $88,400

$129,900

2021

$714 (+12.0%)

$32,300 + $55,800

$88,100

2020

$637 (+6.7%)

$32,300 + $55,800

$88,100

2019

$597 (+43.0%)

$31,700 + $53,500

$85,200

2018

$417 (+6.7%)

$31,400 + $53,700

$85,100

2017

$391 (+38.8%)

$28,100 + $41,100

$69,200

2016

$282 (+31.2%)

$28,100 + $41,100

$69,200

2015

$215 (−5.3%)

$24,500 + $28,900

$53,400

2014

$227 (−31.0%)

$24,500 + $28,600

$53,100

2013

$329

$24,700 + $31,000

$55,700

Tax history for 5034 Unit F Allisonville Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,765 (+12.4%)

$47,100 + $111,800

$158,900

2024

$3,349 (+162.4%)

$41,500 + $88,400

$129,900

2023

$1,276 (+82.2%)

$41,500 + $88,400

$129,900

2022

$701 (−1.8%)

$41,500 + $88,400

$129,900

2021

$714 (+12.0%)

$32,300 + $55,800

$88,100

2020

$637 (+6.7%)

$32,300 + $55,800

$88,100

2019

$597 (+43.0%)

$31,700 + $53,500

$85,200

2018

$417 (+6.7%)

$31,400 + $53,700

$85,100

2017

$391 (+38.8%)

$28,100 + $41,100

$69,200

2016

$282 (+31.2%)

$28,100 + $41,100

$69,200

2015

$215 (−5.3%)

$24,500 + $28,900

$53,400

2014

$227 (−31.0%)

$24,500 + $28,600

$53,100

2013

$329

$24,700 + $31,000

$55,700

*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

490708104038000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling Agriculture District

The D-A District holds the agricultural lands of Marion County and provides for a variety of agricultural uses. It is intended to provide for animal and poultry husbandry, farming, cultivation of crops, dairying, pasturage, floriculture, horticulture, viticulture, apiaries, aquaculture, hydroponics, together with necessary, accompanying accessory uses, buildings, or structures for housing, packing, treating, or storing said products; or lands devoted to a soil conservation or forestry management program. A single-family dwelling is intended to be permitted as a part of such agricultural uses. A secondary provision of this District is large estate development of single-family dwellings. This District fulfills the very low density residential classification of the Comprehensive General Land Use Plan. This District does not require public water and sewer facilities.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Agriculture
Housing-Group
Housing-Single unit
Research & development
Communications tower
Veterinary clinic
Park & open space

Property details

Parking

Parking Information
Parking Features: Carport, Common
Garage Spaces: 2

Interior

Interior Sq. Ft. Information
Building Area Total: 1600
Living Area: 1600
Main Level Sq. Ft.: 1600
Upper Level Sq. Ft.: 0

Bedroom Information
# of Bedrooms Main: 4
Beds MU: 4
Bedrooms MU: 4

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 4
Full Bathrooms MU: 2

Room 1 Information
Room Type: Kitchen
Room Features: Hardwood
Room Dimensions: 8x13
Room Level: Main

Room 2 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 12x18
Room Level: Main

Room 3 Information
Room Features: Hardwood
Room Dimensions: 12x16
Room Level: Main

Room 4 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 11x13
Room Level: Main

Room 5 Information
Room Type: Bedroom 3
Room Features: Hardwood
Room Dimensions: 12x12
Room Level: Main

Room 6 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 8x13
Room Level: Main

Room 7 Information
Room Type: Bedroom 4
Room Features: Hardwood
Room Dimensions: 12x12
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 7
Rooms Basement: 0
# of Rooms: 7

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

Interior Features
Interior Features: Walk-in Closet(s), Hardwood Floors, Screens Some, Window Metal, Windows Thermal, Windows Vinyl
Appliances: Common Laundry, Disposal, Microwave, Electric Oven, Range Hood, Refrigerator, Electric Water Heater
Floor Number: 3

Exterior

Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Smoke Alarm
Property Type: Residential
Attached Property
Property Sub Type: Condominium

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.11

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
HOA Disclosures: Covenants & Restrictions,Rules & Regulations
Association Fee: $321
Association Fee Frequency: Monthly
Association Fee Includes: Clubhouse, Custodian, Insurance, Lawncare, Nature Area, Management, Snow Removal, Trash, Sewer

School Information
High School District: MSD Washington Township

Location Information
Directions: Allisonville Rd just South of 52nd, then West into Heron Lake Condos.5034 Building Unit F located in the N/E sec of property
Tax Legal Description: HERON LAKE HORIZONTAL PRO

Condo Information
Condo Type: Horizontal
Condo Description Location: Upper Level

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Marion County
APN: 490708104038000800

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: deb@debkent.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 • 3.5mi

7/10

Eastwood Middle School

Public 6-8 • Assigned • 1.8mi

9/10

North Central High School

Public 9-12 • Assigned • 4.5mi

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

4/10 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

$140,000 – $169,000

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

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Home values near 5034 Unit F Allisonville Rd

Data from public records.

Address	Redfin Estimate
5034 Allisonville Rd Apartment D, Indianapolis, IN 4 Beds \| 2 Baths \| 1850 Sq. Ft.	$147,878
5034 Allisonville Rd Apartment C, Indianapolis, IN 3 Beds \| 2 Baths \| 1700 Sq. Ft.	$163,756

Address	Redfin Estimate
5030 Allisonville Rd Apartment D, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$156,708
5044 Allisonville Rd, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$128,093

Address	Redfin Estimate
5030 Allisonville Rd Apartment 4-C, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$167,146
5034 Allisonville Rd Apartment 3B, Indianapolis, IN 3 Beds \| 2 Baths \| 1700 Sq. Ft.	$149,094

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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