**PROPOSED CONSTRUCTION, PHOTOS ARE OF A PREVIOUSLY BUILT MODEL W/VARIOUS UPGRAGES** Welcome to the Alverstone, located in Dyer's NEWEST community, Meadow Brooke. This breathtaking Colorado-inspired 2-story will sit on a lookout-style lot. Inside on the main level, you're greeted with an expansive foyer that invites you into an open concept kitchen, great room and breakfast nook. There's also a dedicated dining room, powder room, walk in pantry AND a main floor bedroom with a full ensuite bathroom dedicated to it. Did someone say in-law suite?! Upstairs you'll find a spacious loft for additional living space, 2 more bedrooms with a shared Jack & Jill styled bathroom, and 2nd level laundry. The upstairs Primary bedroom includes an ensuite bathroom with a double vanity, toilet room, shower and a massive walk-in closet! All this would sit on a full unfinished walkout basement roughed in for an additional bathroom. Notable high quality standard features include: 2x6 exterior construction, mostly stone front exterior elevation w/LP Smartside, 3-car side load garage, Medallion Silverline soft-close cabinets throughout, 8ft tall garage doors, tankless water heater, luxury vinyl plank flooring, Cedar ceilings inside covered porch, Trex Composite Decking, SmartHome package that includes Nest doorbell and Ecobee thermostat and so many more! Be sure to ask your agent about limited-time builder incentives!
Active
Price increase: $16K (6/2)
$770,979
505 Meadow Brooke Ln, Dyer, IN 46311
4beds
2,888sqft
Single Family Residence
Built in 2026
0.32 Acres Lot
$769,400 Zestimate®
$267/sqft
$50/mo HOA
What's special
Great roomTrex composite deckingDedicated dining roomBreakfast nookExpansive foyerMassive walk-in closetLookout-style lot
- 89 days |
- 285 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Eric Vazquez,
Blue Ridge Realty Group 219-545-2170,
Grant Bell,
Blue Ridge Realty Group
Source: NIRA as distributed by MLS GRID,MLS#: 837638
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom 2, Primary Bedroom, Office, Loft, Laundry, Kitchen, Great Room, Dining Room, Bedroom 4, Bedroom 3
Primary bedroom
- Area: 217
- Dimensions: 14.0 x 15.5
Bedroom 2
- Area: 173.75
- Dimensions: 12.5 x 13.9
Bedroom 3
- Area: 138
- Dimensions: 11.5 x 12.0
Bedroom 4
- Area: 138
- Dimensions: 11.5 x 12.0
Dining room
- Area: 128
- Dimensions: 16.0 x 8.0
Great room
- Area: 304.2
- Dimensions: 18.0 x 16.9
Kitchen
- Area: 144
- Dimensions: 12.0 x 12.0
Laundry
- Area: 78
- Dimensions: 6.5 x 12.0
Loft
- Area: 118.25
- Dimensions: 11.0 x 10.75
Office
- Area: 149.42
- Dimensions: 10.75 x 13.9
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater
- Laundry: Upper Level
Features
- Ceiling Fan(s), Walk-In Closet(s), Stone Counters, Pantry, Kitchen Island, In-Law Floorplan, Entrance Foyer
- Basement: Bath/Stubbed,Unfinished,Sump Pump,Full,Daylight
- Has fireplace: No
Interior area
- Total structure area: 2,888
- Total interior livable area: 2,888 sqft
- Finished area above ground: 2,888
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Faces Side, Driveway, Garage Door Opener
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Deck, Front Porch
- Has view: Yes
- View description: Neighborhood, Pond
- Has water view: Yes
- Water view: Pond
- Waterfront features: Pond
Lot
- Size: 0.32 Acres
- Features: Back Yard, Sprinklers In Rear, Sprinklers In Front, Landscaped, Cul-De-Sac
Details
- Parcel number: Tbd
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- To Be Built
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Meadow Brooke
HOA
- Has HOA: Yes
- Amenities included: None
- HOA fee: $50 monthly
- HOA name: Meadow Brooke Development
Location
- Region: Dyer
Financial & listing details
- Price per square foot: $267/sqft
- Tax assessed value: $4,200
- Annual tax amount: $80
- Date on market: 4/23/2026
- Listing agreement: Exclusive Agency
- Listing terms: Cash,VA Loan,FHA,Conventional
Estimated market value
$769,400
$731,000 - $808,000
$3,751/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $770,979+2.1%$267/sqft |
Source:  NIRA as distributed by MLS GRID #837638 Report a problem | ||
| 5/7/2026 | Price change | $754,979+0.8%$261/sqft |
Source: NIRA as distributed by MLS GRID #837638 Report a problem | ||
| 4/23/2026 | Listed for sale | $748,979$259/sqft |
Source: NIRA as distributed by MLS GRID #837638 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $4,200 |
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: 46311
Nearby schools
GreatSchools rating
- 9/10George Bibich Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 6/10Kahler Middle SchoolGrades: 5-8Distance: 1.8 mi
- 9/10Lake Central High SchoolGrades: 9-12Distance: 2.2 mi
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