For Sale6d on market
5240 Boardwalk Pl
Indianapolis, IN, 46220 • Devonshire • Marion County
$582,000
$254/sqft
Down payment assistance available
2Beds
3Baths
2,291Sqft
0.05 acLot
1986Built
Property DNA
Waterfront Property
Dock, Lake Privileges, Lake Front, Waterfront
Lake Views
Lake
Traditional Style
Built 1986 · 40 years of history
Boardwalk On Lake Kesslerwood
Insurance · Maintenance Grounds · Maintenance
Enhanced Security
Fire Alarm · Security System Owned · Smoke Detector(s)
Outdoor Living
Glass Enclosed
1 Fireplace
Great Room
2-Car Garage
Attached
This home is getting attention
Listed 6 days ago · 778 views · 30 saves
Market activity
Demand and pricing signals for this listing
778 views
People checking out this listing
30 saves
Buyers have saved this home
6 days on market
Just listed — act fast
$254/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 22% 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 1986
Rare Find on Lake Kesslerwood - Boardwalk Place. Rarely are these Condos on the Market. Living here feels like a vacation getaway year round. Enjoy boardwalk strolls along the clear tranquil lake - boating, kayaking, swimming. Plus all-to-yourself, quiet fishing in the yearly stocked lake. Hidden Gem - gorgeous Great Room, Sunroom and Loft Views. Sunroom adjoins the primary bedroom for its own spectacular views of the lake, completing the tranquil feel of your lake retreat Updated irrigation system, new roof, brand new dock. One of the largest condos in the entire Boardwalk subdivision The brand new, unobstructed dock, provides the perfect haven to capture every amazing wildlife sighting the lake offers. Two story with outstanding Loft overlooking the Great Room with additional perfect views of the lake. Two full baths adjoining both bedrooms, with additional half bath on main level. Classic Den / Library which could be a third bedroom if desired. Spacious two car garage with additional parking directly in front of condo, and ample attic storage. Lovingly maintained and move-in ready. Beautiful upgrades with room for your inspiration. Come visit this Lake Kesslerwood sanctuary soon.
Standout features identified
Our analysis highlights gorgeous great room, brand new dock, and ample attic storage as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,361/month
Principal & Interest$3,020
Property Tax$582
Insurance$194
HOA$565
Down payment20% ($116,400)
3%50%
Est. 6.75% rate · 30yr fixed · $465,600 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Condominium
Year Built1986
HeatingForced Air, Natural Gas
CoolingCentral Air
Parking2 Attached Garage spaces
HOA$565 monthly
Days on Zillow6 Days
Price/sqft$254
Property
Home typeCondo
Sub-typeResidential, Condominium
StyleTraditional
ConditionUpdated/Remodeled
Year built1986
Stories2
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionBrick, Wood Siding
Water / SewerPublic
Parking & Outdoor
ParkingAttached
Garage2 spaces
BasementUnfinished
Fireplaces1
Lot2,178 sqft
Location & Tax
NeighborhoodDevonshire
Annual tax$4,522
Parcel490703117012000400
Bathrooms & Fees
Full baths2
HOA$565/mo
Features & details
16 categories of property features
Interior Features
Interior
Attic Access
Attic Pull Down Stairs
Double Vanity
Cathedral Ceiling(s)
Hardwood Floors
High Speed Internet
Walk-In Closet(s)
Appliances
Electric Cooktop
Dishwasher
Dryer
Electric Water Heater
Disposal
MicroHood
Microwave
Electric Oven
Refrigerator
Washer
Water Heater
Other
Flooring
Hardwood
Heating
Forced Air
Natural Gas
Cooling
Central Air
Laundry
Laundry Closet
Main Level
Fireplace
Great Room
Accessibility
Accessible Entrance
Exterior Features
Parking
Attached
Construction
Brick
Wood Siding
Patio & Porch
Glass Enclosed
Lot Features
Mature Trees
Community
Fishing
Lake
Security
Fire Alarm
Security System Owned
Smoke Detector(s)
Views
Lake
Utilities
Electricity Connected
Sewer Connected
Water Connected
See Remarks
Room details
9 rooms detailed
Master Bedroom
Main16×14 ft224 sqft
Bedroom2
Upper17×14 ft238 sqft
Breakfast Room
Main11×8 ft88 sqft
Tile-Ceramic
Dining Room
Main19×9 ft171 sqft
Great Room
Main19×18 ft342 sqft
Kitchen
Main12×11 ft132 sqft
Tile-Ceramic
Listing insights
Market data and value estimates
StatusFor Sale
Days on market6
Tax rate0.96%
Price/sqft$254
On marketApr 2, 2026
PostedApr 2, 2026
Last sold$315,000
MLS statusActive
MLS updatedApr 3, 2026
Tour days9
Views778
Favorites30
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46220
Price history
5 events
DateEventPrice$/sqftSource
Apr 2, 2026Listed For Sale$582,000$254MIBOR as distributed by MLS GRID
Mar 2, 2015Sold$315,000$137MIBOR as distributed by MLS GRID
Jan 29, 2015Pending Sale$324,900$142F.C. Tucker Company, Inc.
Dec 16, 2014Listed For Sale$324,900$142F.C. Tucker Company, Inc.
Dec 19, 2000Sold$269,900$118MIBOR as distributed by MLS GRID
Listed For Sale$582,000
Apr 2, 2026•$254/sqft•MIBOR as distributed by MLS GRID
Sold$315,000
Mar 2, 2015•$137/sqft•MIBOR as distributed by MLS GRID
Pending Sale$324,900
Jan 29, 2015•$142/sqft•F.C. Tucker Company, Inc.
Listed For Sale$324,900
Dec 16, 2014•$142/sqft•F.C. Tucker Company, Inc.
Sold$269,900
Dec 19, 2000•$118/sqft•MIBOR as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$4,498$411,800
Apr 8, 2023$4,419$411,800
Apr 8, 2022$4,260$397,300
Apr 8, 2021$4,134$377,800
Apr 8, 2020$3,627$362,700
Apr 8, 2019$2,741$362,700
Apr 8, 2018$2,740$274,100
Apr 8, 2017$2,809$270,800
Apr 8, 2016$2,686$271,900
Apr 8, 2014$2,655$265,500
Apr 8, 2013$2,906$265,500
Apr 8, 2012$2,906$290,600
Apr 8, 2011—$258,800
Apr 8, 2010$2,731$273,100
Apr 8, 2009$2,731$273,100
Apr 8, 2007—$285,600
Apr 8, 2006—$285,500
Apr 8, 2005—$237,000
Apr 8, 2004—$237,000
Apr 8, 2003—$237,000
Apr 8, 2002—$107,600
Apr 8, 2001—$35,870
Apr 8, 2000—$35,870
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 13:08:10 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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