Sold525d on market
7551 Prairie Lake Dr
Indianapolis, IN, 46256 • Fall Creek • Marion County
$229,900
$108/sqft
2Beds
2Baths
2,124Sqft
0.03 acLot
1984Built
Property DNA
Waterfront Property
Pond, Water View
Pond Views
Pond
Traditional Style
Built 1984 · 42 years of history
Castleton Farms
Clubhouse · Maintenance · Maintenance Grounds
Outdoor Living
Covered
1 Fireplace
Gas Log
2-Car Garage
Attached · Concrete · Garage Door Opener · Storage
Premium Finishes
Walk-In Closet(s)
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
525 days on market
Established listing
$108/sqft
Price per square foot
About this home
Condo · Built 1984
Welcome home to this charming 2 bedroom, 2 full bath condominium in Castleton Farms. With vaulted ceilings and natural light pouring in, the open layout is inviting and bright. Enjoy cozy evenings beside the gas log fireplace in the spacious family room, which opens to a peaceful deck overlooking the pond and water fountain. The updated kitchen features a stylish tile backsplash and modern stainless steel appliances. Additional highlights include a dedicated laundry room, a coveted 2-car garage with large storage room, new closet organizers in both bedrooms, and lower level family room with walk out access to the patio providing easy access to the trails. The association offers exterior maintenance services, community pool, lawn care, snow removal, water, and trash removal. Conveniently located near dining and shopping, and easy interstate access. Many other updates include: 2023 commercial grade water heater. 2022 Thermal windows. 2020: Furnace with humidifier, and water softener.
Standout features identified
Our analysis highlights gas log fireplace, modern stainless steel appliances, and spacious family room as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,844/month
Principal & Interest$1,202
Property Tax$230
Insurance$77
HOA$335
Down payment20% ($45,980)
3%50%
Est. 6.83% rate · 30yr fixed · $183,920 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Condominium
Year Built1984
HeatingForced Air
Parking2 Attached Garage spaces
HOA$335 monthly
Property
Home typeCondo
Sub-typeResidential, Condominium
StyleTraditional
Year built1984
Stories2
Systems
HeatingForced Air
ConstructionBrick, Vinyl Siding
Water / SewerMunicipal/City
Parking & Outdoor
ParkingAttached, Concrete, Garage Door Opener, Storage
Garage2 spaces
Fireplaces1
Lot1,306 sqft
Location & Tax
NeighborhoodFall Creek
Annual tax$1,878
Parcel490226102061000400
Bathrooms & Fees
Full baths2
HOA$335/mo
Features & details
13 categories of property features
Interior Features
Interior
Double Vanity
Vaulted Ceiling(s)
Entrance Foyer
Ceiling Fan(s)
High Speed Internet
Walk-In Closet(s)
Appliances
Dishwasher
Disposal
Gas Water Heater
MicroHood
Electric Oven
Refrigerator
Water Softener Owned
Heating
Forced Air
Laundry
Laundry Room
Fireplace
Gas Log
Windows
Window Green House
Windows Thermal
WoodWorkStain/Painted
Exterior Features
Exterior
Balcony
Parking
Attached
Concrete
Garage Door Opener
Storage
Construction
Brick
Vinyl Siding
Patio & Porch
Covered
Lot Features
Mature Trees
Trees-Small (Under 20 Ft)
Community
Fishing
Playground
Pool
Views
Pond
Room details
7 rooms detailed
Master Bedroom
Upper18×11 ft198 sqft
Carpet
Bedroom2
Upper11×10 ft110 sqft
Carpet
Dining Room
Upper11×15 ft165 sqft
Carpet
Family Room
Main25×18 ft450 sqft
Carpet
Kitchen
Upper11×9 ft99 sqft
Laminate Hardwood
Laundry
Main6×5 ft30 sqft
Carpet
Listing insights
Market data and value estimates
StatusSold
Days on market525
Est. value$238,800
Est. rent$1,973/mo
Tax rate0.96%
Price/sqft$108
On marketSep 5, 2024
PostedSep 5, 2024
Last sold$229,900
MLS statusSold
MLS updatedOct 31, 2024
Tour days6
Views6
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46256
Price history
11 events
DateEventPrice$/sqftSource
Oct 30, 2024Sold$229,900$108MIBOR as distributed by MLS GRID
Sep 27, 2024Pending Sale$229,900$108MIBOR as distributed by MLS GRID
Sep 5, 2024Listed For Sale$229,900$108MIBOR as distributed by MLS GRID
Jul 2, 2020Sold$154,900$73MIBOR as distributed by MLS GRID
May 28, 2020Pending Sale$154,900$73Indiana Realty
May 27, 2020Price Change$154,900$73Indiana Realty
May 15, 2020Listed For Sale$159,900$75Berkshire Hathaway Home Services Indiana Realty
Apr 22, 2020Pending Sale$159,900$75Berkshire Hathaway Home Services Indiana Realty
Apr 11, 2020Listed For Sale$159,900$75Berkshire Hathaway Home Services Indiana Realty
Apr 8, 2020Pending Sale$159,900$75Berkshire Hathaway Home Services Indiana Realty
Mar 20, 2020Listed For Sale$159,900$75Berkshire Hathaway Home
Sold$229,900
Oct 30, 2024•$108/sqft•MIBOR as distributed by MLS GRID
Pending Sale$229,900
Sep 27, 2024•$108/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$229,900
Sep 5, 2024•$108/sqft•MIBOR as distributed by MLS GRID
Sold$154,900
Jul 2, 2020•$73/sqft•MIBOR as distributed by MLS GRID
Pending Sale$154,900
May 28, 2020•$73/sqft•Indiana Realty
Price Change$154,900
May 27, 2020•$73/sqft•Indiana Realty
Listed For Sale$159,900
May 15, 2020•$75/sqft•Berkshire Hathaway Home Services Indiana Realty
Pending Sale$159,900
Apr 22, 2020•$75/sqft•Berkshire Hathaway Home Services Indiana Realty
Listed For Sale$159,900
Apr 11, 2020•$75/sqft•Berkshire Hathaway Home Services Indiana Realty
Pending Sale$159,900
Apr 8, 2020•$75/sqft•Berkshire Hathaway Home Services Indiana Realty
Listed For Sale$159,900
Mar 20, 2020•$75/sqft•Berkshire Hathaway Home
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$2,058$200,400
Apr 9, 2023$1,877$191,300
Apr 9, 2022$1,602$172,200
Apr 9, 2021$1,514$146,200
Apr 9, 2020$1,264$137,400
Apr 9, 2019$1,146$126,400
Apr 9, 2018$1,112$117,100
Apr 9, 2017$1,060$112,200
Apr 9, 2016$999$106,500
Apr 9, 2014$967$109,200
Apr 9, 2013$1,166$106,600
Apr 9, 2012$1,166$120,800
Apr 9, 2011—$110,200
Apr 9, 2010$1,003$110,200
Apr 9, 2009$847$108,000
Apr 9, 2007—$115,400
Apr 9, 2006—$114,000
Apr 9, 2005—$96,200
Apr 9, 2004—$96,200
Apr 9, 2003—$96,200
Apr 9, 2002—$48,400
Apr 9, 2001—$16,140
Apr 9, 2000—$16,140
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 23:48:12 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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