Sold340d on market
5038 Allisonville Rd Unit A
Indianapolis, IN, 46205 • Millersville • Marion County
$124,900
$89/sqft
3Beds
2Baths
1,400Sqft
0.1 acLot
1965Built
Property DNA
Traditional Style
Built 1965 · 61 years of history
Heron Lake
Clubhouse · Insurance · Maintenance Grounds
Outdoor Living
Glass Enclosed
$445/mo HOA
Clubhouse · Insurance · Maintenance Grounds · Maintenance
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
340 days on market
Established listing
$89/sqft
Price per square foot
About this home
Condo · Built 1965
Affordable opportunity in Heron Lake! 3BR 2BA condo on lower walk out level has great views of the lake! Brand new beautiful and neutral carpet throughout has just been installed! This cozy home has the potential for a warm & welcoming cool retro feel with a little bit of updating. There are 3 ample size bedrooms, 2 full baths, and plenty of storage including a private storage closet just outside in the hallway. The on site laundry room is just outside of the unit and this is a ground level unit. Homeowners enjoy the use of docks available to launch non-motorized boats/kayaks & swimming. Water, sewer, trash, and insurance of common area is included in the monthly HOA fee. Conveniently located just minutes from Broad Ripple, Castleton, Ft. Harrison State Park, shopping, dining, and I70 & I465.
Standout features identified
Our analysis highlights ample size bedrooms, ground level unit, and cozy home as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,260/month
Principal & Interest$648
Property Tax$125
Insurance$42
HOA$445
Down payment20% ($24,980)
3%50%
Est. 6.75% rate · 30yr fixed · $99,920 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Condominium
Year Built1965
HeatingRadiant Ceiling
CoolingCentral Air
ParkingCarport
HOA$445 monthly
Property
Home typeCondo
Sub-typeResidential, Condominium
StyleTraditional
Year built1965
Stories1
Systems
HeatingRadiant Ceiling
CoolingCentral Air
ConstructionBrick
Water / SewerPublic
Parking & Outdoor
ParkingCarport
Lot4,356 sqft
Location & Tax
NeighborhoodMillersville
Annual tax$734
Parcel490708104060000800
Bathrooms & Fees
Full baths2
HOA$445/mo
Features & details
9 categories of property features
Interior Features
Appliances
Dishwasher
Electric Oven
Heating
Radiant Ceiling
Cooling
Central Air
Laundry
Common Laundry
Exterior Features
Parking
Carport
Construction
Brick
Patio & Porch
Glass Enclosed
Community
Lake
Utilities
Electricity Connected
Sewer Connected
Water Connected
Room details
6 rooms detailed
Master Bedroom
Main19×12 ft228 sqft
Bedroom2
Main15×12 ft180 sqft
Bedroom3
Main15×12 ft180 sqft
Dining Room
Main16×13 ft208 sqft
Kitchen
Main7×13 ft91 sqft
Living Room
Main20×13 ft260 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market340
Est. value$128,200
Est. rent$1,559/mo
Tax rate0.96%
Price/sqft$89
On marketJan 8, 2025
PostedJan 8, 2025
Last sold$124,900
MLS statusSold
MLS updatedAug 26, 2025
Tour days6
Views3
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46205
Price history
5 events
DateEventPrice$/sqftSource
May 2, 2025Sold$124,900$89MIBOR as distributed by MLS GRID
Mar 27, 2025Pending Sale$124,900$89MIBOR as distributed by MLS GRID
Mar 21, 2025Price Change$124,900$89MIBOR as distributed by MLS GRID
Jan 25, 2025Price Change$126,900$91MIBOR as distributed by MLS GRID
Jan 8, 2025Listed For Sale$124,900$89MIBOR as distributed by MLS GRID
Sold$124,900
May 2, 2025•$89/sqft•MIBOR as distributed by MLS GRID
Pending Sale$124,900
Mar 27, 2025•$89/sqft•MIBOR as distributed by MLS GRID
Price Change$124,900
Mar 21, 2025•$89/sqft•MIBOR as distributed by MLS GRID
Price Change$126,900
Jan 25, 2025•$91/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$124,900
Jan 8, 2025•$89/sqft•MIBOR as distributed by MLS GRID
Tax history
15 years of records
YearTax paidAssessed value
Apr 8, 2024$683$116,900
Apr 8, 2023$149$117,000
Apr 8, 2022$141$80,200
Apr 8, 2021$90$79,300
Apr 8, 2020$120$76,600
Apr 8, 2019$35$76,600
Apr 8, 2018$48$65,300
Apr 8, 2017$46$62,200
Apr 8, 2016$87$48,000
Apr 8, 2014$87$50,100
Apr 8, 2013$28$64,400
Apr 8, 2012$28$65,100
Apr 8, 2011—$76,700
Apr 8, 2010$93$76,700
Apr 8, 2009$100$78,600
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 16:03:02 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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