Tucked along the shores of private Lake Kesslerwood, this beautifully updated waterfront home offers a rare opportunity to enjoy peaceful lake living just minutes from Broad Ripple, Keystone, Castleton, and downtown Indianapolis. Situated on nearly half an acre with mature trees, exceptional privacy, and a private dock, the property invites mornings on the water, sunset views from the balcony, and year-round enjoyment of one of Indianapolis' most treasured hidden lakes. Inside, the open-concept floor plan features a Craftsman-inspired kitchen with granite countertops, custom cabinetry, center island, and hardwood floors throughout the main level. The spacious primary suite includes a sitting area, dual vanities, and a private balcony overlooking the lake. Thoughtful updates including interior and exterior paint, vinyl windows, laundry built-ins, covered rear porch, and a well-maintained exterior provide peace of mind and move-in-ready convenience. Whether entertaining guests, kayaking from your dock, or simply enjoying the view, this home offers the perfect blend of everyday comfort, natural beauty, and an exceptional waterfront lifestyle in the heart of Indianapolis.
Active
$750,000
5225 Fall Creek Rd, Indianapolis, IN 46220
4beds
2,642sqft
Residential, Single Family Residence
Built in 1985
0.45 Acres Lot
$-- Zestimate®
$284/sqft
$24/mo HOA
What's special
Private dockWell-maintained exteriorCovered rear porchWaterfront homeExceptional privacySpacious primary suiteCraftsman-inspired kitchen
- 7 hours |
- 359 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
Kyle Peckinpaugh 317-362-2396,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22107695
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 330 Square Feet
- Dimensions: 22x15
Bedroom 2
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 3
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 4
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Kitchen
- Level: Main
- Area: 238 Square Feet
- Dimensions: 17x14
Laundry
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9x9
Living room
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Microwave, Oven, Refrigerator, Wine Cooler
- Laundry: Laundry Room, Main Level
Features
- Attic Access, Breakfast Bar, Built-in Features, Hardwood Floors, Pantry
- Flooring: Hardwood
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 2,642
- Total interior livable area: 2,642 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Screened
- Fencing: Fenced,Partial
- Has view: Yes
- View description: Lake, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Dock, Lake Privileges, Lake Front, Water Access, Water View, Waterfront
Lot
- Size: 0.45 Acres
- Features: Mature Trees
Details
- Parcel number: 490703110003000400
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Wood Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Security System Owned, Smoke Detector(s)
- Subdivision: Lake Kesslerwood
HOA
- Has HOA: Yes
- Services included: Association Home Owners
- HOA fee: $285 annually
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $578,300
- Annual tax amount: $5,786
- Date on market: 6/17/2026
- Cumulative days on market: 1 day
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $750,000+87.5%$284/sqft |
Source:  MIBOR as distributed by MLS GRID #22107695 Report a problem | ||
| 5/7/2014 | Sold | $400,000-3.6%$151/sqft |
Source: MIBOR as distributed by MLS GRID #21260970 Report a problem | ||
| 4/26/2014 | Pending sale | $414,999$157/sqft |
Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem | ||
| 4/4/2014 | Price change | $414,9990%$157/sqft |
Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem | ||
| 3/13/2014 | Price change | $415,000+0%$157/sqft |
Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem | ||
| 2/18/2014 | Listed for sale | $414,999$157/sqft |
Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem | ||
| 11/12/2013 | Pending sale | $414,999$157/sqft |
Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem | ||
| 10/28/2013 | Price change | $414,9990%$157/sqft |
Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem | ||
| 10/17/2013 | Listed for sale | $415,000+9.2%$157/sqft |
Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem | ||
| 4/27/2009 | Sold | $380,000+3.1%$144/sqft |
Source: MIBOR as distributed by MLS GRID #2907073 Report a problem | ||
| 1/12/2009 | Listing removed | $368,444$139/sqft |
Source: Listhub #2824382 Report a problem | ||
| 12/5/2008 | Price change | $368,444-7.9%$139/sqft |
Source: Listhub #2824382 Report a problem | ||
| 10/26/2008 | Price change | $399,8500%$151/sqft |
Source: Listhub #2824382 Report a problem | ||
| 7/17/2008 | Price change | $399,900-11.1%$151/sqft |
Source: Listhub #2824382 Report a problem | ||
| 6/10/2008 | Price change | $449,900-6.3%$170/sqft |
Source: Listhub #2824382 Report a problem | ||
| 5/25/2008 | Price change | $479,900-4%$182/sqft |
Source: Listhub #2824382 Report a problem | ||
| 4/6/2008 | Listed for sale | $499,900+49.2%$189/sqft |
Source: Listhub #2824382 Report a problem | ||
| 9/28/2007 | Sold | $335,000$127/sqft |
Source: MIBOR as distributed by MLS GRID #2705982 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,785 +4.7% | $578,300 +10% |
| 2024 | $5,525 +12.2% | $525,500 +4.1% |
| 2023 | $4,926 +6.1% | $504,800 +14.1% |
| 2022 | $4,645 -3.2% | $442,300 +7.5% |
| 2021 | $4,798 +21.9% | $411,400 -2% |
| 2020 | $3,934 -7.4% | $419,900 +6.7% |
| 2019 | $4,248 -0.3% | $393,400 -7.4% |
| 2018 | $4,259 +1.4% | $424,800 +0.5% |
| 2017 | $4,202 +2.9% | $422,700 +3.9% |
| 2016 | $4,085 +16.2% | $406,900 +15.8% |
| 2014 | $3,514 +2.3% | $351,400 |
| 2013 | $3,435 | $351,400 +2.3% |
| 2012 | $3,435 | $343,500 +1.1% |
| 2011 | -- | $339,700 |
| 2010 | $3,397 +0% | $339,700 |
| 2009 | $3,397 | $339,700 -9% |
| 2007 | -- | $373,200 -2% |
| 2006 | -- | $380,700 +34.9% |
| 2005 | -- | $282,200 |
| 2004 | -- | $282,200 -11.8% |
| 2003 | -- | $319,900 +104.8% |
| 2002 | -- | $156,200 +200% |
| 2001 | -- | $52,070 |
| 2000 | -- | $52,070 |
Find assessor info on the county website
Monthly payment
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Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Devonshire
Nearby schools
GreatSchools rating
- 3/10Skiles Test Elementary SchoolGrades: PK-6Distance: 2.1 mi
- 3/10Belzer Middle SchoolGrades: 7-8Distance: 2.4 mi
- 3/10Lawrence Central High SchoolGrades: 9-12Distance: 2.3 mi
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- Indiana
- Marion County
- Indianapolis
- 46220
- Devonshire
- 5225 Fall Creek Rd
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