Looking for newer construction, a spacious floor plan with over 3,800 square feet PLUS over another 1,700+ square feet of a daylight lower level, with a convenient location inside I465?! The wonderful entry walks into the two-story Great Room, with wonderful moldings and a wall of windows overlooking Lake Kesslerwood. The property does not have lake frontage, but lake access. Enjoy stunning lake front views from the 45 ft wide deck, with a hot tub, off your kitchen & main level Primary Suite! The open floor plan also has a large kitchen with a gas stove top, stainless steel appliances, wine cooler, separate bar sink, and walk-in pantry. The 17x12 Office is accented by a fireplace and built-in bookshelves and is adjacent to the Master Suite. There is a private second bedroom on the main level, as well as two additional bedrooms upstairs. All Bedrooms have their own private Full Baths. You will love the additional living space upstairs with the spacious loft and a 20 x 16 Home Theater Room. A daylight Lower Level also offers more potential living space, bedroom(s) & bath. The daylight lower level is open and ready to finish and is plumbed for an additional bathroom. Do not miss this hard-to-find 2006 built home with easy access to downtown, the Fashion Mall and I465!
Est. $2,124 per month, based on comparable rentals
Sale and tax history for 5305 Fall Creek Rd
Sale History
Tax History
Date
Event
Price
MIBOR as Distributed by MLS Grid #22090054
Sep 2, 2026
Sold
$660,000
$118/sq ft
Jul 14, 2026
Pending
—
Jun 18, 2026
Price Changed
$699,900
$125/sq ft
Jun 1, 2026
Price Changed
$725,000
$130/sq ft
May 13, 2026
Price Changed
$739,900
$132/sq ft
Apr 29, 2026
Price Changed
$799,900
$143/sq ft
Apr 20, 2026
Price Changed
$835,000
$149/sq ft
Mar 19, 2026
Listed
$865,000
$155/sq ft
MIBOR as Distributed by MLS Grid #21728449
Oct 23, 2020
Listing Removed
—
Jul 28, 2020
Listed
$639,900
$115/sq ft
MIBOR as Distributed by MLS Grid #21672834
Nov 19, 2019
Listing Removed
—
Oct 3, 2019
Listed
$637,500
$114/sq ft
MIBOR as Distributed by MLS Grid #21552294
Mar 23, 2018
Pending
—
Mar 22, 2018
Listing Removed
—
Mar 19, 2018
Listed
$599,900
$107/sq ft
MIBOR as Distributed by MLS Grid #21284510
Jun 5, 2014
Listing Removed
—
Apr 10, 2014
Listed
$450,000
$81/sq ft
MIBOR as Distributed by MLS Grid #21252460
Dec 12, 2013
Listing Removed
—
Aug 26, 2013
Listed
$450,000
$81/sq ft
MIBOR as Distributed by MLS Grid #2355716
Oct 23, 2003
Listed
$75,000
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,891 (−4.5%)
$31,900 + $428,200
$460,100
2024
$5,123 (−0.4%)
$36,100 + $413,100
$449,200
2023
$5,143 (+0.3%)
$36,100 + $413,100
$449,200
2022
$5,128 (+5.8%)
$36,100 + $417,700
$453,800
2021
$4,845 (+17.0%)
$36,100 + $378,400
$414,500
2020
$4,142 (+12.1%)
$36,100 + $378,400
$414,500
2019
$3,695 (+2.1%)
$36,100 + $313,600
$349,700
2018
$3,620 (+0.3%)
$36,100 + $317,200
$353,300
2017
$3,610 (+2.2%)
$36,100 + $309,700
$345,800
2016
$3,534 (+6.8%)
$36,100 + $309,700
$345,800
2015
$3,308 (+10.7%)
$36,100 + $302,600
$338,700
2014
$2,988
$32,100 + $298,700
$330,800
2013
$2,987
$32,100 + $266,700
$298,800
Public record
Public record
Zoning
Permits
Beds
4
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
0.45 Acres
Year renovated
2011
Sq. Ft.
5,308
Year built
2006
Style
Single Family Residential
County
Marion County
APN
490703122017000400
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
DP
METRO
Planned Unit Development
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
Aug 20, 2024 • Final
Structural - non-residential
Construct a new front porch addition.
Addition
Nov 8, 2019 • Final
Right of way permit-excavation
Grading
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: 936
Garage Parking Other: Finished Garage
Parking Features: Attached
Garage Spaces: 3
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 5587
Living Area: 3866
Main Level Sq. Ft.: 2457
Upper Level Sq. Ft.: 1409
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
Primary Bedroom Description: Closet Walk in,Deck
# of Upper Bedrooms: 2
# of Bedrooms Main: 2
Beds MU: 4
Bedrooms MU: 4
Bathroom Information
# of Full Baths (Total): 4
# of Full Baths (Upper): 2
# of Full Baths (Main): 2
Full Baths MU: 4
Full Bathrooms MU: 4
Primary Bathroom Description: Sinks Double,Tub Full with Separate Shower
Room 1 Information
Room Type: Master Bedroom
Room Dimensions: 17x15
Room Level: Main
Room 2 Information
Room Type: Kitchen
Room Dimensions: 15x12
Room Level: Main
Room 3 Information
Room Type: Breakfast Room
Room Dimensions: 15x10
Room Level: Main
Room 4 Information
Room Type: Great Room
Room Dimensions: 19x18
Room Level: Main
Room 5 Information
Room Type: Dining Room
Room Dimensions: 15x14
Room Level: Main
Room 6 Information
Room Type: Library
Room Dimensions: 17x12
Room Level: Main
Room 7 Information
Room Type: Home Theatre
Room Dimensions: 20x16
Room Level: Upper
Room 8 Information
Room Type: Loft
Room Dimensions: 14x13
Room Level: Upper
Room 9 Information
Room Type: Bedroom 2
Room Dimensions: 13x12
Room Level: Main
Room 10 Information
Room Type: Bedroom 3
Room Dimensions: 15x13
Room Level: Upper
Room 11 Information
Room Type: Bedroom 4
Room Dimensions: 13x13
Room Level: Upper
Room 12 Information
Room Type: Bonus Room
Room Features: Other
Room Dimensions: 66x17
Room Level: Basement
Room 13 Information
Room Type: Laundry
Room Dimensions: 10 x 6
Room Level: Main
Other Rooms Information
Rooms Upper: 4
Rooms Main: 8
Rooms Basement: 0
# of Rooms: 12
Laundry Room Information
Laundry Features: Main Level
Basement Information
Has Basement
Basement Features: Ceiling - 9+ feet, Roughed In, Unfinished, Daylight
Fireplace Information
# of Fireplaces: 2
Fireplace Features: Library, Great Room
Heating & Cooling
Heating Information: Zoned, Heat Pump, Electric
Cooling Information: Heat Pump
Interior Features
Interior Features: Breakfast Bar, Built-in Features, High Ceilings, Central Vacuum, Pantry, Walk-in Closet(s)
Window Features: Skylight(s)
Appliances: Gas Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Washer, Water Softener Owned, Wine Cooler
Flooring: Hardwood
Areas Interior: Bedroom Other on Main,Great Room - 2 Story
Exterior
Building Information
Percent Optional Level Finished: 0
Exterior Features
Patio And Porch Features: Deck, Covered
Farm Information
Horse Amenities: None
Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Sump Pump
Property Type: Residential
Has View
Property Sub Type: Single Family Residence
Land Information
Acres: 1/4-1/2 Acre
Lot Information
Lot Size Acres: 0.45
Lot Features: Mature Trees
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Utilities: Natural Gas Available
Solid Waste Information: Yes
Location
HOA Information
Has HOA
HOA Disclosures: Covenants & Restrictions
Association Fee: $450
Association Fee Frequency: Annually
Association Fee Includes: Association Home Owners
School Information
High School District: MSD Lawrence Township
Location Information
Directions: TAKE FALL CREEK ROAD EAST FROM EMERSON OR WEST FROM SHADELAND TO THE HOME.
Tax Legal Description: J A Yanceys & Associates Fall Creek Minor Plat Lot 1
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 5,308
Stories: 2.0
Lot Size: 0.45 acres
Style: Single Family Residential
Year Built: 2006
Year Renovated: 2011
County: Marion County
APN: 490703122017000400
Home facts updated by county records on Jul 29, 2026
Other
Home Information
Foundation Details: Concrete Perimeter
Construction Materials: Brick, Cement Siding
Levels: Two
Around this home
Schools
Skiles Test Elementary School
Public PreK-6 • Assigned • 2.0mi
6/10
Belzer Middle School
Public 7-8 • Assigned • 2.3mi
3/10
Lawrence Central High School
Public 9-12 • Assigned • 2.2mi
4/10
Provided by GreatSchools
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 101° 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
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46220
Average low and high temperatures (°F)
32
17
42
26
60
40
68
47
71
53
83
65
88
71
83
64
82
59
71
48
54
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Indianapolis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$680,000 – $823,000
Reach more buyers when you sell with Redfin. Plus, you'll save $7,150 in fees.