Excellent investment or owner-occupant opportunity in Fall Creek Village Condominiums! This main-level 2-bedroom, 1-bathroom condo offers comfortable living with the convenience of low-maintenance ownership, as exterior maintenance is handled by the homeowners association. The unit features a spacious rear deck, perfect for relaxing or entertaining, along with access to a shared parking lot for convenient off-street parking. The condo is currently leased to a long-term tenant who has been in place since 2016, providing immediate rental income. Current rent is below market value, presenting an excellent opportunity to increase rents to market levels and create additional value. With its strong rental upside, desirable location, and low-maintenance ownership, this property offers excellent value-add potential for investors.
Active
$82,000
4476 Abby Creek Ln, Indianapolis, IN 46205
2beds
828sqft
:
Get pre-qualified$822/mo
Residential, Condominium
Built in 1973
-- sqft lot
$-- Zestimate®
$99/sqft
$243/mo HOA
What's special
Spacious rear deckConvenient off-street parking
- 5 days |
- 125 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Karanjod Cheema 317-657-9985,
Rize Commercial Realty LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22115820
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Dimensions: Not measured
Bedroom 2
- Level: Main
- Dimensions: Not measured
Dining room
- Level: Main
- Dimensions: Not measured
Kitchen
- Features: Luxury Vinyl Plank
- Level: Main
- Dimensions: Not measured
Living room
- Level: Main
- Dimensions: Not measured
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Other
Features
- Hardwood Floors
- Flooring: Hardwood
- Has basement: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 828
- Total interior livable area: 828 sqft
Property
Parking
- Parking features: Common
Features
- Levels: One
- Stories: 1
- Entry location: Ground Level
- Patio & porch: Deck
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 490717110001000801
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Fall Creek Village
HOA
- Has HOA: Yes
- HOA fee: $243 monthly
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $99/sqft
- Tax assessed value: $67,700
- Annual tax amount: $1,644
- Date on market: 7/22/2026
- Cumulative days on market: 7 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Listed for sale | $82,000+105%$99/sqft |
Source:  MIBOR as distributed by MLS GRID #22115820 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/24/2017 | Listing removed | $40,000$48/sqft |
Source: Owner Report a problem | ||
| 11/3/2016 | Price change | $40,000-20%$48/sqft |
Source: Owner Report a problem | ||
| 10/13/2016 | Listed for sale | $50,000+11.4%$60/sqft |
Source: Owner Report a problem | ||
| 2/17/2014 | Listing removed | $44,900$54/sqft |
Source: Plainfield #21251223 Report a problem | ||
| 12/31/2013 | Price change | $44,900-10%$54/sqft |
Source: Plainfield #21251223 Report a problem | ||
| 9/22/2013 | Price change | $49,900-9.1%$60/sqft |
Source: Plainfield #21251223 Report a problem | ||
| 8/20/2013 | Listed for sale | $54,900+51.2%$66/sqft |
Source: Carpenter Realtors #21251223 Report a problem | ||
| 8/7/2013 | Sold | $36,300+45.2%$44/sqft |
Source: MIBOR as distributed by MLS GRID #21234808 Report a problem | ||
| 10/28/2010 | Sold | $25,000+25%$30/sqft |
Source: Public Record Report a problem | ||
| 3/26/2007 | Sold | $20,000-49.9%$24/sqft |
Source: MIBOR as distributed by MLS GRID #2658041 Report a problem | ||
| 9/27/2006 | Sold | $39,950$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,300 -6.2% | $67,700 +23.5% |
| 2024 | $1,386 +4.6% | $54,800 -6.2% |
| 2023 | $1,325 +9.5% | $58,400 +4.1% |
| 2022 | $1,209 +1.7% | $56,100 +7.1% |
| 2021 | $1,190 -1.9% | $52,400 +2.1% |
| 2020 | $1,213 -6.2% | $51,300 |
| 2019 | $1,293 +25.4% | $51,300 -5.4% |
| 2018 | $1,032 -9.2% | $54,200 +15.3% |
| 2017 | $1,137 0% | $47,000 -10.3% |
| 2016 | $1,137 +1.3% | $52,400 +1.2% |
| 2014 | $1,122 -2.4% | $51,800 |
| 2013 | $1,149 | $51,800 +1.4% |
| 2012 | $1,149 | $51,100 +20.2% |
| 2011 | -- | $42,500 |
| 2010 | $887 -4.8% | $42,500 -2.5% |
| 2009 | $932 | $43,600 |
| 2007 | -- | $43,600 |
| 2006 | -- | $43,600 +4.6% |
| 2005 | -- | $41,700 |
| 2004 | -- | $41,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Meadows
Nearby schools
GreatSchools rating
- 6/10Rousseau McClellan School 91Grades: PK-5Distance: 1.1 mi
- NABroad Ripple Middle School - An IB World SchoolGrades: 6-8Distance: 2.6 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 2.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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