Perfectly positioned on the shores of Lake Kesslerwood, this stunning contemporary home offers a rare blend of modern design, total renovation, and exceptional lakefront living. Completely taken down to the studs and rebuilt in 2018, the home lives like new construction while embracing its serene waterfront setting. The star of the show is the seamless indoor-outdoor lifestyle. Expansive floor-to-ceiling windows and multiple sliding glass doors flood the home with natural light and open to incredible lake views. The open-concept main living area features soaring ceilings and connects the great room, dining area, and beautifully updated kitchen-ideal for entertaining. Step outside to a resort-style setting with composite decking, multiple patios, a hardwired gas fire pit, and an oversized lap pool and spa. Enjoy direct lake access with a private dock, perfect for swimming, kayaking, or relaxing days on the water. The main-level primary suite offers a spa-like ensuite bath, while two additional bedrooms (including a flexible office) share an updated hall bath with a walk-in shower. Upstairs, a private suite with its own living area is ideal for guests or extended stays. Additional highlights include a four-plus car garage with epoxy floors, a four-seasons porch overlooking the lake, a lower-level workout space, and hardwood floors with updated tile throughout. Immaculately maintained and move-in ready, this is a rare opportunity to own a turnkey lakefront home in one of Indianapolis' most unique settings.
Active
$965,000
4951 Fall Creek Rd, Indianapolis, IN 46220
4beds
3,600sqft
Est.:
Residential, Single Family Residence
Built in 1986
0.51 Acres Lot
$-- Zestimate®
$268/sqft
$29/mo HOA
What's special
Exceptional lakefront livingDining areaMain-level primary suiteLower-level workout spaceSpa-like ensuite bathIncredible lake viewsGreat room
- 2 days |
- 1,442 |
- 149 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listing Provided by:
Matt King 317-313-5533,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22096546
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 238 Square Feet
- Dimensions: 14x17
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 3
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 4
- Level: Upper
- Area: 608 Square Feet
- Dimensions: 16x38
Dining room
- Features: Tile-Ceramic
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11x12
Great room
- Level: Main
- Area: 425 Square Feet
- Dimensions: 17x25
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 165 Square Feet
- Dimensions: 11x15
Laundry
- Features: Tile-Ceramic
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10x8
Office
- Features: Tile-Ceramic
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11x12
Play room
- Features: Luxury Vinyl Plank
- Level: Basement
- Area: 322 Square Feet
- Dimensions: 23x14
Sitting room
- Level: Upper
- Area: 345 Square Feet
- Dimensions: 23x15
Sun room
- Features: Tile-Ceramic
- Level: Main
- Area: 264 Square Feet
- Dimensions: 22x12
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Softener Rented
Features
- Breakfast Bar, Hardwood Floors, In-Law Floorplan, Pantry, Walk-In Closet(s)
- Flooring: Hardwood
- Has basement: Yes
- Number of fireplaces: 1
- Fireplace features: Gas Log, Great Room
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
- Finished area below ground: 544
Property
Parking
- Total spaces: 4
- Parking features: Attached
- Attached garage spaces: 4
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Lighting, Fire Pit
- Pool features: Lap, Pool/Spa Combo
- Has spa: Yes
- Spa features: Above Ground
- Fencing: Fenced,Full
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Water Access, Water View, Waterfront, Dock
Lot
- Size: 0.51 Acres
- Features: Mature Trees
Details
- Parcel number: 490704116003000800
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Cedar, Stone
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1986
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
Community & HOA
Community
- Subdivision: Lake Kesslerwood
HOA
- Has HOA: Yes
- Services included: Association Home Owners
- HOA fee: $350 annually
- HOA phone: 317-727-3646
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $780,600
- Annual tax amount: $10,834
- Date on market: 4/22/2026
- Cumulative days on market: 2 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Listed for sale | $965,000+14.2%$268/sqft |
Source:  MIBOR as distributed by MLS GRID #22096546 Report a problem | ||
| 4/18/2023 | Sold | $845,000+9%$235/sqft |
Source: MIBOR as distributed by MLS GRID #21908556 Report a problem | ||
| 3/19/2023 | Pending sale | $775,000$215/sqft |
Source: MIBOR as distributed by MLS GRID #21908556 Report a problem | ||
| 3/17/2023 | Listed for sale | $775,000+22.4%$215/sqft |
Source: MIBOR as distributed by MLS GRID #21908556 Report a problem | ||
| 7/30/2021 | Sold | $633,000-2.6%$176/sqft |
Source: MIBOR as distributed by MLS GRID #21778962 Report a problem | ||
| 6/21/2021 | Pending sale | $650,000$181/sqft |
Source: MIBOR as distributed by MLS GRID #21778962 Report a problem | ||
| 6/16/2021 | Price change | $650,000-7.1%$181/sqft |
Source: MIBOR as distributed by MLS GRID #21778962 Report a problem | ||
| 6/14/2021 | Price change | $699,900-2.8%$194/sqft |
Source: MIBOR as distributed by MLS GRID #21778962 Report a problem | ||
| 5/26/2021 | Price change | $720,000-4%$200/sqft |
Source: MIBOR as distributed by MLS GRID #21778962 Report a problem | ||
| 5/5/2021 | Listed for sale | $750,000+88.9%$208/sqft |
Source: MIBOR as distributed by MLS GRID #21778962 Report a problem | ||
| 11/11/2015 | Sold | $397,000-2.9%$110/sqft |
Source: MIBOR as distributed by MLS GRID #21375602 Report a problem | ||
| 9/30/2015 | Pending sale | $409,000$114/sqft |
Source: RE/MAX Centerstone #21375602 Report a problem | ||
| 9/11/2015 | Listed for sale | $409,000+38.6%$114/sqft |
Source: RE/MAX Centerstone #21375602 Report a problem | ||
| 5/6/2009 | Sold | $295,000+7.3%$82/sqft |
Source: Public Record Report a problem | ||
| 1/22/2009 | Price change | $275,000-31.2%$76/sqft |
Source: Century 21 #2863361 Report a problem | ||
| 11/27/2008 | Listed for sale | $399,900$111/sqft |
Source: Century 21 #2863361 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,750 -6.4% | $780,600 +36.5% |
| 2023 | $8,277 +45.4% | $571,700 -3.8% |
| 2022 | $5,692 +5.8% | $594,000 +41.6% |
| 2021 | $5,381 +7.2% | $419,400 -0.2% |
| 2020 | $5,020 +4.2% | $420,100 |
| 2019 | $4,819 +2.2% | $420,100 +1.5% |
| 2018 | $4,718 +6.4% | $413,900 +1.5% |
| 2017 | $4,435 +10.5% | $407,900 +1.5% |
| 2016 | $4,013 +2.1% | $401,800 +6.6% |
| 2014 | $3,932 +1.9% | $376,800 |
| 2013 | $3,858 | $376,800 +1.9% |
| 2012 | $3,858 | $369,800 +9.5% |
| 2011 | -- | $337,600 -0.8% |
| 2010 | $3,424 +11.4% | $340,300 -2.6% |
| 2009 | $3,074 | $349,400 -3.5% |
| 2007 | -- | $362,100 +11.1% |
| 2006 | -- | $325,800 +27% |
| 2005 | -- | $256,600 |
| 2004 | -- | $256,600 |
| 2003 | -- | $256,600 +103.8% |
| 2002 | -- | $125,900 +200% |
| 2001 | -- | $41,970 |
| 2000 | -- | $41,970 |
Find assessor info on the county website
Monthly payment
Est. payment
$5,483/mo
Principal & interest
$4682
Property taxes
$772
HOA Fees
$29
More affordability tools
Climate risks
Neighborhood: Devonshire
Nearby schools
GreatSchools rating
- 5/10Allisonville Elementary SchoolGrades: K-5Distance: 2.6 mi
- 5/10Eastwood Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10North Central High SchoolGrades: 9-12Distance: 4.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Marion County
- Indianapolis
- 46220
- Devonshire
- 4951 Fall Creek Rd
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