Tucked along the shores of private Lake Kesslerwood, this beautifully updated waterfront home offers a rare opportunity to enjoy peaceful lake living just minutes from Broad Ripple, Keystone, Castleton, and downtown Indianapolis. Situated on nearly half an acre with mature trees, exceptional privacy, and a private dock, the property invites mornings on the water, sunset views from the balcony, and year-round enjoyment of one of Indianapolis' most treasured hidden lakes. Inside, the open-concept floor plan features a Craftsman-inspired kitchen with granite countertops, custom cabinetry, center island, and hardwood floors throughout the main level. The spacious primary suite includes a sitting area, dual vanities, and a private balcony overlooking the lake. Thoughtful updates including interior and exterior paint, vinyl windows, laundry built-ins, covered rear porch, and a well-maintained exterior provide peace of mind and move-in-ready convenience. Whether entertaining guests, kayaking from your dock, or simply enjoying the view, this home offers the perfect blend of everyday comfort, natural beauty, and an exceptional waterfront lifestyle in the heart of Indianapolis.
Est. $2,042 per month, based on comparable rentals
Sale and tax history for 5225 Fall Creek Rd
Sale History
Tax History
Date
Event
Price
MIBOR as Distributed by MLS Grid #22107695
Aug 4, 2026
Sold
$710,000
$269/sq ft
Jul 10, 2026
Pending
—
Jun 26, 2026
Price Changed
$725,000
$274/sq ft
Jun 12, 2026
Listed
$750,000
$284/sq ft
MIBOR as Distributed by MLS Grid #21260970
May 7, 2014
Listing Removed
—
May 7, 2014
Sold
$400,000
$151/sq ft
Oct 16, 2013
Listed
$414,999
$157/sq ft
+19
WOW! BACK ON MARKET DUE TO ISSUE W/ BUYER FINANCING!! MOVE-RIGHT INTO THIS BEAUTIFUL,UPDATED HOME! HOME IS LIKE-NEW WITH CRAFTSMAN STYLE KITCHEN FEATURING OPEN CONCEPT, CNTR ISLAND, NEW CABS, & GRANITE. HW FLOORS T/O MAIN FLR, MSTR SUITE W/ SITTING ROOM, DBLS SINKS, & BALCONY OVERLOOKING LAKE, LRG BEDRMS & SO MUCH SPACE! UPDATES INT/EXT PAINT, LAUNDRY BUILT-INS, & BACK PATIO COVERED PORCH. ENJOY HAVING LGE PRIVATE YARD W/ LAKE ACCESS & PRIVATE DOCK! EASY ACCESS TO HWY & DOWNTOWN!
The planned unit development district (D-P) is established for the following
purposes: To encourage a more creative approach in land and building site planning. To encourage and efficient, aesthetic and desirable use of open space. To encourage variety in physical development pattern. To promote street layout and design that increases connectivity in a
neighborhood and improves the directness of routes for vehicles, bicycles, pedestrians, and transit on an open street and multi-modal network providing multiple routes to and from destinations.
To achieve flexibility and incentives for residential, non-residential and mixed-use developments which will create a wider range of housing types as well as amenities to meet the ever changing needs of the community. To encourage renewal of older areas in the metropolitan region where new development and restoration are needed to revitalize areas. To permit special consideration of property with outstanding features, including but not limited to historical significance, unusual topography,
environmentally sensitive areas and landscape amenities. To provide for a comprehensive review and processing of development proposals for developers and the Metropolitan Development Commission by providing for concurrent review of land use, subdivision, public improvements
and siting considerations. To accommodate new site treatments not contemplated in other kinds of
districts.
Zone overlays
Metro Context Area
Oct 23, 2023 • Final
Electrical - 1-2 family
Replace the main electrical panel.
Electrical
Aug 9, 2005 • Final
Heating & cooling permit-1-2 family-replacement
Replace the furnace.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Garage SqFt: 528
Parking Features: Attached
Garage Spaces: 2
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 2642
Living Area: 2642
Main Level Sq. Ft.: 1412
Upper Level Sq. Ft.: 1230
Bedroom Information
Primary Bedroom Description: Balcony,Closet Walk in,Sitting Room