For Sale13d on market
7471 Prairie Lake Dr
Indianapolis, IN, 46256 • Fall Creek • Marion County
$199,900
$94/sqft
Down payment assistance available
3Beds
3Baths
2,124Sqft
0.2 acLot
1983Built
Property DNA
Pond Views
Pond
Traditional Style
Built 1983 · 43 years of history
Castleton Farms
Pool · Clubhouse · Maintenance Grounds
Outdoor Living
Deck
1 Fireplace
Family Room · Gas Log
2-Car Garage
Attached · Concrete · Garage Door Opener · Storage
Premium Finishes
Walk-In Closet(s)
$405/mo HOA
Pool · Clubhouse · Maintenance Grounds · Maintenance
This home is getting attention
Listed 13 days ago · 3,237 views · 141 saves
Market activity
Demand and pricing signals for this listing
3,237 views
People checking out this listing
141 saves
Buyers have saved this home
13 days on market
Recently listed
$94/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 12% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Condo · Built 1983
Don't miss this incredible opportunity to own a spacious 3-bedroom, 3 full bath end unit condo with over 2,100 square feet in the highly sought-after Castleton Farms community-including walkable access from your home to scenic pond trails, a community pool, and clubhouse! The upper level showcases a bright and inviting living room, dedicated dining area, and a well-equipped kitchen, all flowing seamlessly for everyday living and entertaining. Step out onto the private three seasons deck overlooking peaceful wooded views-perfect for morning coffee or evening relaxation. Two generously sized bedrooms and two full baths complete the upper level. The lower level offers a cozy family room with fireplace, access to a second walk-out deck, a third bedroom ideal for guests or a home office, an additional full bath, and a convenient laundry area. Additional highlights include an attached two-car garage with ample space for parking and storage. This home features a flexible layout ideal for families, first-time buyers, or those looking to downsize without sacrificing space. Enjoy added value and convenience with all appliances included, including the washer, dryer, and two refrigerators. Residents of Castleton Farms enjoy fantastic amenities all conveniently located just minutes from shopping, dining, and major highways.
Standout features identified
Our analysis highlights generously sized bedrooms, second walk-out deck, and private three seasons deck as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,722/month
Principal & Interest$1,051
Property Tax$200
Insurance$67
HOA$405
Down payment20% ($39,980)
3%50%
Est. 6.88% rate · 30yr fixed · $159,920 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Condominium
Year Built1983
HeatingForced Air, Natural Gas
CoolingCentral Air
Parking2 Attached Garage spaces
HOA$405 monthly
Days on Zillow13 Days
Price/sqft$94
Property
Home typeCondo
Sub-typeResidential, Condominium
StyleTraditional
Year built1983
Stories2
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionVinyl With Brick
Water / SewerPublic
Parking & Outdoor
ParkingAttached, Concrete, Garage Door Opener, Storage
Garage2 spaces
BasementDaylight,Finished,Walk-Out Access
Fireplaces1
Lot8,712 sqft
Location & Tax
NeighborhoodFall Creek
Annual tax$2,168
Parcel490226102118000400
Bathrooms & Fees
Full baths3
HOA$405/mo
Features & details
13 categories of property features
Interior Features
Interior
Attic Pull Down Stairs
Built-in Features
Walk-In Closet(s)
Breakfast Bar
Ceiling Fan(s)
Entrance Foyer
High Speed Internet
Pantry
Appliances
Electric Cooktop
Dishwasher
Disposal
Exhaust Fan
Microwave
Electric Oven
Refrigerator
Gas Water Heater
Heating
Forced Air
Natural Gas
Cooling
Central Air
Laundry
Connections All
Laundry Room
Fireplace
Family Room
Gas Log
Exterior Features
Exterior
Balcony
Parking
Attached
Concrete
Garage Door Opener
Storage
Construction
Vinyl With Brick
Patio & Porch
Deck
Lot Features
Corner Lot
Street Lights
Mature Trees
Community
Low Maintenance Lifestyle
Clubhouse
Pool
Views
Pond
Room details
8 rooms detailed
Master Bedroom
Main12×17 ft204 sqft
Bedroom2
Main9×11 ft99 sqft
Bedroom3
Basement10×18 ft180 sqft
Dining Room
Main10×10 ft100 sqft
Family Room
Basement12×14 ft168 sqft
Kitchen
Main11×10 ft110 sqft
Parquet
Listing insights
Market data and value estimates
StatusFor Sale
Days on market13
Tax rate0.96%
Price/sqft$94
On marketMar 25, 2026
PostedMar 25, 2026
Last sold$122,000
MLS statusActive
MLS updatedMar 25, 2026
Tour days9
Views3,237
Favorites141
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46256
Price history
2 events
DateEventPrice$/sqftSource
Mar 25, 2026Listed For Sale$199,900$94MIBOR as distributed by MLS GRID
Feb 10, 2005Sold$122,000$57MIBOR as distributed by MLS GRID
Listed For Sale$199,900
Mar 25, 2026•$94/sqft•MIBOR as distributed by MLS GRID
Sold$122,000
Feb 10, 2005•$57/sqft•MIBOR as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$2,114$200,000
Apr 8, 2023$1,928$195,900
Apr 8, 2022$1,668$176,200
Apr 8, 2021$1,585$151,400
Apr 8, 2020$1,283$142,900
Apr 8, 2019$1,217$128,300
Apr 8, 2018$1,187$121,700
Apr 8, 2017$1,695$116,900
Apr 8, 2016$1,071$111,000
Apr 8, 2014$898$113,800
Apr 8, 2013$1,245$111,200
Apr 8, 2012$1,245$125,900
Apr 8, 2011—$116,000
Apr 8, 2010$1,092$116,000
Apr 8, 2009$922$113,600
Apr 8, 2007—$121,400
Apr 8, 2006—$121,600
Apr 8, 2005—$102,400
Apr 8, 2004—$102,400
Apr 8, 2003—$102,400
Apr 8, 2002—$52,100
Apr 8, 2001—$17,370
Apr 8, 2000—$17,370
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 10:13:02 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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