OFF MARKET

Off market jul 2019 for $83K

$160,346

•

1,900

sq ft

5038 Allisonville Unit Rd E, Indianapolis, IN 46205

About this home

Enjoy vacation lifestyle condo with view of 17 acre Heron Lake. Deck & Sunroom views of sunsets over the lake. Incredible space(1900 sq ft) Beautiful hardwood floors. 3 Bedrooms with large closets, Den/Office could be bedroom #4 (has closet & wall of bookshelves) Built in China Cabinet. Two car garage with keyless entry. Gorgeous and spacious rooms with beautiful view of lake. Ready for new owners all you have to do is pack and move in!

CondoProperty Type

1965Year Built

4,321 sq ftLot Size

$84Est. Price/Sq.Ft.

2 car garageParking

Listed by Deborah Brandon • Carpenter, REALTORS®

Contact: dbrandon@fathomrealty.com

Bought with Anna Hassler • @properties

Redfin checked: a few seconds ago

•Source:MIBOR as Distributed by MLS Grid #21644578

Redfin Estimate

$160,346

$77K since sold in July 2019$2,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.2% higher than the average sale price ($134K) of 6 comparable homes.

SOLD OCT 19, 2026
$139,900
A
3 beds2 baths1,700 sq ft
5026 Allisonville Rd Unit B, 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 SEP 14, 2026
$80,000
C
4 beds2 baths1,712 sq ft
5022 Allisonville Rd Unit E, Indianapolis, IN 46205
SOLD OCT 15, 2026
$80,000
D
2 beds2 baths1,213 sq ft
3036 Lake Shore Dr Unit D, Indianapolis, IN 46205
SOLD DEC 5, 2025
$125,000
E
3 beds2 baths1,700 sq ft
5026 Allisonville Rd Unit C, Indianapolis, IN 46205
SOLD SEP 19, 2026
$245,000
F
2 beds2 baths1,912 sq ft
5409 Greenwillow Rd, Indianapolis, IN 46226

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Earn from this home

Rent

$2,556/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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4 beds2 baths1,456 sq ft
3201 Sutherland Ave, Indianapolis, IN 46205
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$850,000
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4625 Washington Blvd, Indianapolis, IN 46205
3D WALKTHROUGH
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See all

Provided by Redfin

Sale history for 5038 Allisonville Unit Rd E

Date

Event

Price

MIBOR as Distributed by MLS Grid #21644578

Jul 19, 2019

Sold

$83,500

$44/sq ft

Jun 20, 2019

Pending

—

Jun 4, 2019

Listed

$87,500

$46/sq ft

MIBOR as Distributed by MLS Grid #21469213

Jun 9, 2017

Sold

$72,000

$38/sq ft

May 13, 2017

Contingent

—

Apr 20, 2017

Price Changed

$77,500

$41/sq ft

Mar 2, 2017

Listed

$79,900

$42/sq ft

Look no further! Fantastic value in Washington Township! Recently redesigned by interior dec owner. Kitchen has granite Counters and pendant lighting. Appl stay.Windows replaced 15. Master suite has 4 yes 4 closets! Both baths have granite and ceramic. Fourth bedroom has shelving was previously an office. Balcony access from living room as well as the master suite. Beautiful hardwood floors throughout have been sanded and refinished. Lake view. 2 car garage adds value to this awesome home.

MIBOR as Distributed by MLS Grid #21353628

Sep 14, 2015

Listing Removed

—

Jul 8, 2015

Contingent

—

May 15, 2015

Listed

$79,900

$42/sq ft

MIBOR as Distributed by MLS Grid #2222721

May 16, 2002

Listed

$81,900

$43/sq ft

MIBOR as Distributed by MLS Grid #2028923

Jul 24, 2000

Listed

$78,900

$42/sq ft

MIBOR as Distributed by MLS Grid #2002990

Apr 30, 2000

Listing Removed

—

Jan 24, 2000

Listed

$74,900

$39/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,765 (+12.4%)

$47,100 + $111,800

$158,900

2024

$3,349

$41,500 + $88,400

$129,900

2023

$3,348 (+43.1%)

$41,500 + $88,400

$129,900

2022

$2,339 (−0.9%)

$41,500 + $88,400

$129,900

2021

$2,360 (+9.0%)

$32,300 + $55,800

$88,100

2020

$2,165 (+6.3%)

$32,300 + $55,800

$88,100

2019

$2,036 (+19.4%)

$31,700 + $53,500

$85,200

2018

$1,706 (+6.0%)

$31,400 + $53,700

$85,100

2017

$1,609 (+37.2%)

$28,100 + $41,100

$69,200

2016

$1,173 (+6.7%)

$28,100 + $41,100

$69,200

2015

$1,099 (+6.7%)

$24,500 + $28,900

$53,400

2014

$1,030 (−30.9%)

$24,500 + $28,600

$53,100

2013

$1,491

$24,700 + $31,000

$55,700

Tax history for 5038 Allisonville Unit Rd E

Year

Property tax

Land + Additions

Assessment*

2025

$3,765 (+12.4%)

$47,100 + $111,800

$158,900

2024

$3,349

$41,500 + $88,400

$129,900

2023

$3,348 (+43.1%)

$41,500 + $88,400

$129,900

2022

$2,339 (−0.9%)

$41,500 + $88,400

$129,900

2021

$2,360 (+9.0%)

$32,300 + $55,800

$88,100

2020

$2,165 (+6.3%)

$32,300 + $55,800

$88,100

2019

$2,036 (+19.4%)

$31,700 + $53,500

$85,200

2018

$1,706 (+6.0%)

$31,400 + $53,700

$85,100

2017

$1,609 (+37.2%)

$28,100 + $41,100

$69,200

2016

$1,173 (+6.7%)

$28,100 + $41,100

$69,200

2015

$1,099 (+6.7%)

$24,500 + $28,900

$53,400

2014

$1,030 (−30.9%)

$24,500 + $28,600

$53,100

2013

$1,491

$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
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Marion County

APN

490708104052000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 2026.

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.

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
Garage Parking Other: Keyless Entry
Parking Features: Detached, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1900
Living Area: 1900
Main Level Sq. Ft.: 1900
Upper Level Sq. Ft.: 0

Bedroom Information
Primary Bedroom Description: Balcony,Suite,Tub Full
# of Upper Bedrooms: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Upper): 2
Full Baths MU: 3
Full Bathrooms MU: 2

Room 1 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 13x12
Room Level: Upper

Room 2 Information
Room Type: Bedroom 3
Room Features: Hardwood
Room Dimensions: 13x12
Room Level: Upper

Room 3 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 16x13
Room Level: Upper

Room 4 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 13x8
Room Level: Upper

Room 5 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 23x12
Room Level: Upper

Room 6 Information
Room Features: Hardwood
Room Dimensions: 17x13
Room Level: Upper

Room 7 Information
Room Type: Library
Room Features: Hardwood
Room Dimensions: 13x11
Room Level: Upper

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

Heating & Cooling
Heating Information: Radiant Ceiling, Electric
Cooling Information: Central Electric

Interior Features
Interior Features: Built In Book Shelves, Hardwood Floors, Breakfast Bar
Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator, Electric Water Heater
Areas Interior: Living Room Formal

Exterior

Building Information
Construction Stage: Resale

Exterior Features
Patio And Porch Features: Deck UP, Covered Porch
Exterior Features: Dock

Waterfront Information
Waterfront Features: Lake Front

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

Land Information
Acres: CndHPRCoop

Lot Information
Lot Size Acres: 0
Lot Features: Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Utilities: Cable Connected
Solid Waste Information: No

Location

Multi-Unit Information
Unit Entry Level: E

HOA Information
Has HOA
Association Fee: $307
Association Fee Frequency: Monthly
Association Fee Includes: Clubhouse, Insurance, Lawncare, Maintenance, Snow Removal, Sewer

School Information
High School District: MSD Washington Township

Location Information
Directions: TAKE 52ND ST EAST FROM KEYSTONE TO ENTRANCE TO HERON LAKE ON SOUTH SIDE OF STREET. FOLLOW AROUND TO 5038 ALLISONVILLE
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: 490708104052000800

Home facts updated by county records on Oct 19, 2026

Other

Listing Information
Attribution Contact: dbrandon@fathomrealty.com

Green Information
Green Certification YN: No

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

Around this home

Schools

K - 12
Preschool & daycare

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

$153,000 – $185,000

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Home values near 5038 Allisonville Unit Rd E

Data from public records.

Address	Redfin Estimate
5034 Allisonville Rd Apt D, Indianapolis, IN 4 Beds \| 2 Baths \| 1850 Sq. Ft.	$136,355
5034 Allisonville Rd Apt C, Indianapolis, IN 3 Beds \| 2 Baths \| 1700 Sq. Ft.	$156,001
5034 Allisonville Rd Apt B, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$169,660
5044 Allisonville Rd Apt B, Indianapolis, IN 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$132,318
5040 Allisonville Rd Apt B, Indianapolis, IN 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$135,940
5038 Allisonville Rd Apt B, Indianapolis, IN 3 Beds \| 2 Baths \| 1900 Sq. Ft.	—

Address	Redfin Estimate
5040 Allisonville Rd, Indianapolis, IN 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$123,371
5044 Allisonville Rd, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$119,400
5044 Allisonville Rd, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$122,131
5038 Allisonville Rd Apt A, Indianapolis, IN 3 Beds \| 2 Baths \| 1400 Sq. Ft.	$135,499
5040 Allisonville Rd Apt A, Indianapolis, IN 2 Beds \| 2 Baths \| 1224 Sq. Ft.	$121,667
5038 Allisonville Rd Apt E, Indianapolis, IN 3 Beds \| 2 Baths \| 1900 Sq. Ft.	$153,673

Address	Redfin Estimate
5034 Allisonville Rd Apt F, Indianapolis, IN 4 Beds \| 2 Baths \| 1600 Sq. Ft.	$144,744
5038 Allisonville Rd Apt D, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$135,548
5038 Allisonville Rd Apt F, Indianapolis, IN 3 Beds \| 2 Baths \| 1612 Sq. Ft.	$145,249
5040 Allisonville Rd Apt F, Indianapolis, IN 2 Beds \| 2 Baths \| 1250 Sq. Ft.	$135,348
5040 Allisonville Rd Apt C, Indianapolis, IN 2 Beds \| 2 Baths \| 1347 Sq. Ft.	$137,570
5038 Allisonville Rd Apt C, Indianapolis, IN 4 Beds \| 2 Baths \| 1788 Sq. Ft.	$140,509

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2019. This data may not match . Learn more.

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