OFF MARKET

Off market aug 2017 for $68K

$121,667

•

1,224

sq ft

5040 Allisonville Rd Unit A, Indianapolis, IN 46205

About this home

Lovely large 2 bedroom and 2 bath condo with views of the lake. All furnishing can be included (except grandfather clock). Great open concept living room & dining room. Master suite has a full bath & 3 big closets. Kitchen has stove, refrigerator, microwave & dishwasher. This is a bright and sunshiny home to live in. Big screened in porch is great to lounge away and watch the lake and birds. This place has so many storage areas you may never see clutter. Newer windows. Close carport parking.

CondoProperty Type

1965Year Built

3,306 sq ftLot Size

$99Est. Price/Sq.Ft.

1 car garageParking

Listed by Jodie Timby • Remarketable, LLC

Contact: jodie@timby.com

Bought with Rachelle (Shelly) Hughes • Keller Williams Indy Metro NE

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21495695

Redfin Estimate

$121,667

$54K since sold in August 2017$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8% lower than the average sale price ($132K) 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 OCT 19, 2026
$140,000
E
2 beds2 baths1,160 sq ft
3965 N Meridian St Unit 3J West, Indianapolis, IN 46208
SOLD OCT 20, 2026
$224,000
F
2 beds2 baths1,419 sq ft
5378 Whisperwood Ln, Indianapolis, IN 46226

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Earn from this home

Rent

$2,421/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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4 beds2 baths1,456 sq ft
3201 Sutherland Ave, Indianapolis, IN 46205
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$850,000
5 beds4 baths3,502 sq ft
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3D WALKTHROUGH
$230,000
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FOR SALE BY OWNER
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See all

Provided by Redfin

Sale history for 5040 Allisonville Rd Unit A

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 (+21.3%)

$21,700 + $43,100

$64,800

2018

$311 (+7.0%)

$21,500 + $43,200

$64,700

2017

$290 (−67.4%)

$19,200 + $33,100

$52,300

2016

$892 (+8.3%)

$19,200 + $33,100

$52,300

2015

$824 (−4.5%)

$16,800 + $23,300

$40,100

2014

$863 (+190.6%)

$16,800 + $23,000

$39,800

2013

$297

$16,900 + $25,000

$41,900

Tax history for 5040 Allisonville Rd Unit A

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 (+21.3%)

$21,700 + $43,100

$64,800

2018

$311 (+7.0%)

$21,500 + $43,200

$64,700

2017

$290 (−67.4%)

$19,200 + $33,100

$52,300

2016

$892 (+8.3%)

$19,200 + $33,100

$52,300

2015

$824 (−4.5%)

$16,800 + $23,300

$40,100

2014

$863 (+190.6%)

$16,800 + $23,000

$39,800

2013

$297

$16,900 + $25,000

$41,900

*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

490708104045000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 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 Total: 1
Parking Features: Asphalt, Carport, Common
Garage Spaces: 1
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1224
Living Area: 1224
Main Level Sq. Ft.: 1224

Bedroom Information
Primary Bedroom Description: Porch,Tub Full
# 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: Great Room
Room Features: Vinyl
Room Dimensions: 17x15
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Features: Vinyl
Room Dimensions: 12x10
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 10x8
Room Level: Main

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

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

Room 6 Information
Room Type: Enclosed Balcony
Room Features: Carpet
Room Dimensions: 24x6
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 4
Rooms Basement: 0
# of Rooms: 4

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

Interior Features
Interior Features: Wood Work Painted, Pantry
Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator, Electric Water Heater
Areas Interior: Bedroom Other on Main,Utility Room

Exterior

Exterior Features
Patio And Porch Features: Screened Patio
Exterior Features: Clubhouse, Dock

Waterfront Information
On Waterfront
Waterfront Features: Lake Front

Property Information
Other Equipment: Security Alarm Paid, Smoke Alarm
Property Type: Residential
Attached Property
Property Sub Type: Condominium

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.0759
Lot Features: Gated Community

Utilities

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

Location

Multi-Unit Information
Unit Entry Level: ma

HOA Information
Association Fee: $200
Association Fee Frequency: Monthly
Association Fee Includes: Clubhouse, Entrance Common, Insurance, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal, Trash, Sewer

School Information
High School District: MSD Washington Township

Location Information
Directions: From 52nd & Allisonville go west on 52nd. South into complex & drive around to Allisonville. Building on the right. There is an entrance to Heron Lake from Allisonville road but the gate is sometimes closed.
Tax Legal Description: HERON LAKE HORIZONTAL PRO

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

Community Information
Common Walls: End Unit

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Marion County
APN: 490708104045000800

Home facts updated by county records on Oct 19, 2026

Other

Listing Information
Attribution Contact: jodie@timby.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Slab
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

$116,000 – $140,000

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

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Home values near 5040 Allisonville Rd Unit A

Data from public records.

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.	$122,131
5038 Allisonville Rd Apartment A, Indianapolis, IN 3 Beds \| 2 Baths \| 1400 Sq. Ft.	$135,499
5040 Allisonville Rd Apartment C, Indianapolis, IN 2 Beds \| 2 Baths \| 1347 Sq. Ft.	$137,570
5038 Allisonville Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1900 Sq. Ft.	$160,346
3135 East 52nd St, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$111,844
3135 East 52nd St Apartment A, Indianapolis, IN 3 Beds \| 2 Baths \| 1500 Sq. Ft.	$141,259

Address	Redfin Estimate
5044 Allisonville Rd, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$119,400
5038 Allisonville Rd Apartment F, Indianapolis, IN 3 Beds \| 2 Baths \| 1612 Sq. Ft.	$145,249
5040 Allisonville Rd Apartment F, Indianapolis, IN 2 Beds \| 2 Baths \| 1250 Sq. Ft.	$135,348
5038 Allisonville Rd Apartment B, Indianapolis, IN 3 Beds \| 2 Baths \| 1900 Sq. Ft.	—
5038 Allisonville Rd Apartment C, Indianapolis, IN 4 Beds \| 2 Baths \| 1788 Sq. Ft.	$140,509
3135 East 52nd St Apartment B, Indianapolis, IN 3 Beds \| 2 Baths \| 1612 Sq. Ft.	$167,310
3135 East 52nd St Apartment E, Indianapolis, IN 4 Beds \| 2 Baths \| 1777 Sq. Ft.	—

Address	Redfin Estimate
5038 Allisonville Rd Apartment D, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$135,548
5044 Allisonville Rd Apartment B, Indianapolis, IN 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$132,318
5040 Allisonville Rd Apartment B, Indianapolis, IN 2 Beds \| 2 Baths \| 1300 Sq. Ft.	$135,940
5038 Allisonville Rd Apartment E, Indianapolis, IN 3 Beds \| 2 Baths \| 1900 Sq. Ft.	$153,673
5040 Allisonville Rd, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$83,186
3135 East 52nd St, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$126,032

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2017. This data may not match . Learn more.

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