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Sold
  • $710,000

    5225 Fall Creek Rd, Indianapolis, IN 46220

    4beds
    2,642sqft
    Residential, Single Family Residence
    Built in 1985
    0.45 Acres Lot
    $709,600 Zestimate®
    $269/sqft
    $3,011 Estimated rent

    Home value

    $709,600

    $674,000 - $745,000

    $3,011/mo

    Zestimate® history
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    What's special

    Private dockWell-maintained exteriorCovered rear porchWaterfront homeExceptional privacySpacious primary suiteCraftsman-inspired kitchen
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kyle Peckinpaugh 317-362-2396,

    F.C. Tucker Company

    Bought with:

    Lisa Lawrence

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22107695MLS Logo

    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
    Office
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10x11
    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: $269/sqft
    • Tax assessed value: $578,300
    • Annual tax amount: $5,786
    • Date on market: 6/17/2026
    • Cumulative days on market: 19 days

    Price history

    DateEventPrice
    8/4/2026Sold$710,000-2.1%$269/sqft
    Source: MIBOR as distributed by MLS GRID #22107695 Report a problem
    7/10/2026Pending sale$725,000$274/sqft
    Source: MIBOR as distributed by MLS GRID #22107695 Report a problem
    6/26/2026Price change$725,000-3.3%$274/sqft
    Source: MIBOR as distributed by MLS GRID #22107695 Report a problem
    6/17/2026Listed for sale$750,000+87.5%$284/sqft
    Source: MIBOR as distributed by MLS GRID #22107695 Report a problem
    5/7/2014Sold$400,000-3.6%$151/sqft
    Source: MIBOR as distributed by MLS GRID #21260970 Report a problem
    4/26/2014Pending sale$414,999$157/sqft
    Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem
    4/4/2014Price change$414,9990%$157/sqft
    Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem
    3/13/2014Price change$415,000+0%$157/sqft
    Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem
    2/18/2014Listed for sale$414,999$157/sqft
    Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem
    11/12/2013Pending sale$414,999$157/sqft
    Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem
    10/28/2013Price change$414,9990%$157/sqft
    Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem
    10/17/2013Listed for sale$415,000+9.2%$157/sqft
    Source: Indy Metro Northeast dba Keller Williams Realty #21260970 Report a problem
    4/27/2009Sold$380,000+3.1%$144/sqft
    Source: MIBOR as distributed by MLS GRID #2907073 Report a problem
    1/12/2009Listing removed$368,444$139/sqft
    Source: Listhub #2824382 Report a problem
    12/5/2008Price change$368,444-7.9%$139/sqft
    Source: Listhub #2824382 Report a problem
    10/26/2008Price change$399,8500%$151/sqft
    Source: Listhub #2824382 Report a problem
    7/17/2008Price change$399,900-11.1%$151/sqft
    Source: Listhub #2824382 Report a problem
    6/10/2008Price change$449,900-6.3%$170/sqft
    Source: Listhub #2824382 Report a problem
    5/25/2008Price change$479,900-4%$182/sqft
    Source: Listhub #2824382 Report a problem
    4/6/2008Listed for sale$499,900+49.2%$189/sqft
    Source: Listhub #2824382 Report a problem
    9/28/2007Sold$335,000$127/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: Devonshire

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $709,600
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    Estimated market value
    $709,600