2919 Tropical Dr, Indianapolis, IN 46205
What's special
Experience luxury living at 2919 Tropical Dr, a one-of-a-kind custom masterpiece on the Northside of Indianapolis. This brand-new, 3,528 sq. ft. build boasts a sleek modern exterior with warm wood accents, sitting directly on Herron Lake with panoramic water views from every level. Designed for both high-end owner-occupants and savvy investors, this turnkey property offers a unique short-term rental opportunity with no local restrictions. The open-concept main floor features soaring ceilings, a chef's kitchen with quartz countertops, white shaker cabinets, and a butler's pantry, all flowing into a spacious living area that opens to a full-length deck. The second level hosts a stunning primary suite with a tray ceiling, skylight, and private balcony. Indulge in the spa-like ensuite featuring oversized black tile and a massive walk-in shower. Two additional bedrooms offer high ceilings and their own front-facing deck. The finished walk-out basement provides a secondary living oasis-perfect for a game room or in-law quarters-complete with a fourth bedroom, full bath, and a third deck leading to the water's edge. Located steps from the Nickel Plate Trail and minutes from the retail corridor of Keystone Ave, you are just 20 minutes from Downtown Indy. With durable LVP flooring throughout, multiple skylights, and a two-car garage capable of accommodating a car lift, this home is the pinnacle of modern design. Don't miss this rare, move-in-ready waterfront retreat!
- 182 days |
- 668 |
- 65 |
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Peter Stewart peter@peterstewartrealty.com,
Keller Williams Indpls Metro N
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 442 Square Feet
- Dimensions: 17x26
Bedroom 2
- Level: Upper
- Area: 208 Square Feet
- Dimensions: 13x16
Bedroom 3
- Level: Upper
- Area: 221 Square Feet
- Dimensions: 13x17
Bedroom 4
- Level: Basement
- Area: 675 Square Feet
- Dimensions: 25x27
Kitchen
- Level: Main
- Area: 210 Square Feet
- Dimensions: 10x21
Laundry
- Features: Tile-Ceramic
- Level: Upper
- Area: 55 Square Feet
- Dimensions: 5x11
Living room
- Level: Main
- Area: 675 Square Feet
- Dimensions: 25x27
Heating
- Zoned, Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
- Laundry: Connections All, Upper Level
Features
- High Ceilings, Entrance Foyer, Pantry
- Basement: Ceiling - 9+ feet,Finished,Full,Walk-Out Access
Interior area
- Total structure area: 3,521
- Total interior livable area: 3,521 sqft
- Finished area below ground: 926
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Patio & porch: Covered, Deck
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Water View, Waterfront
Lot
- Size: 3,920 Square Feet
- Features: See Remarks
Details
- Parcel number: 490708127010000800
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Stucco
- Foundation: Concrete Perimeter
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Details
- Builder name: Arhi Building & Remo
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $136,800
- Annual tax amount: $182
- Date on market: 4/2/2026
- Cumulative days on market: 132 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $599,000-4.8%$170/sqft |
Source:  MIBOR as distributed by MLS GRID #22092284 | ||
| 5/21/2026 | Price change | $629,000-3.1%$179/sqft |
Source: MIBOR as distributed by MLS GRID #22092284 | ||
| 4/2/2026 | Listed for sale | $649,000$184/sqft |
Source: MIBOR as distributed by MLS GRID #22092284 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $183 +0% | $136,800 +1800% |
| 2024 | $183 -52.2% | $7,200 |
| 2023 | $382 -4.9% | $7,200 -51.7% |
| 2022 | $402 +4% | $14,900 |
| 2021 | $387 +6.5% | $14,900 |
| 2020 | $363 +1.9% | $14,900 |
| 2019 | $356 +0.8% | $14,900 |
| 2018 | $354 -59.6% | $14,900 |
| 2017 | $875 +183.5% | $14,900 |
| 2016 | $309 +0.5% | $14,900 |
| 2014 | $307 +2.2% | $14,900 |
| 2013 | $300 | $14,900 |
| 2012 | $300 | $14,900 +101.4% |
| 2011 | -- | $7,400 |
| 2010 | $142 +9.3% | $7,400 |
| 2009 | $130 | $7,400 |
| 2007 | -- | $7,400 |
Find assessor info on the county website
Monthly payment
Estimated market value
$596,200
$566,000 - $626,000
$3,421/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.