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  • Price cut: $5K (7/31)
    $1,145,000

    5717 Fall Creek Rd, Indianapolis, IN 46220

    4beds
    5,086sqft
    : 
    $7,581/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1995
    0.6 Acres Lot
    $-- Zestimate®
    $225/sqft
    $23/mo HOA

    What's special

    Sleek european-inspired finishesFinished lower levelBrand-new floating dockSecond primary suiteCalcutta quartz countertopsMain-level primary suitePanoramic water views
    Waterfront living in Lake Kesslerwood. Turnkey. Rare. Welcome to 5717 Fall Creek Road--where resort-style waterfront living meets everyday convenience, just minutes from downtown Indianapolis, Broad Ripple, Fishers, and Carmel. Set on a private 0.6-acre lot in sought-after Lake Kesslerwood, this fully reimagined 4-bedroom, 4.5-bath, 5,086-square-foot home delivers a true retreat experience--complete with a brand-new floating dock, expansive composite deck, and a stunning three-season room perfect for sunrise coffee and effortless entertaining. Step inside to a grand, light-filled foyer featuring refinished maple hardwoods, a striking crystal chandelier, and an open-concept design built for both elevated living and connection. The designer kitchen is the true centerpiece - Calcutta quartz countertops, premium Monogram appliances, induction cooktop, and sleek European finishes, where style meets performance. The main-level primary suite is a serene escape, offering peaceful water views, private deck access, dual custom walk-in closets, and a spa-inspired bath with a frameless glass shower. Upstairs, a second primary suite and airy loft provide flexible, high-end living for guests or multi-generational needs. The finished lower level expands your lifestyle even further - home theater, gym with spa-like bath, office, and entertaining space, all finished with premium touches. This home is built in 1995 but fully updated and move-in ready: a new 50-year roof, Pella windows, enhanced insulation, modern mechanicals, and whole-home system upgrades deliver comfort, efficiency, and peace of mind. A heated 3-car garage, advanced security system, and a complimentary pre-listing inspection already completed make this a rare, truly turnkey opportunity. On the water, with direct lake access and a dock, this is waterfront serenity paired with luxury finishes and unmatched location. Live like you're on vacation - every single day.
    77 days
    1,059
    38

    Zillow last checked:

    Listing updated:

    Listed by:

    Tiffanie Ditlevson 317-446-0416,

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22093253MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 280 Square Feet
      • Dimensions: 20x14
      Bedroom 2
      • Level: Upper
      • Area: 169 Square Feet
      • Dimensions: 13x13
      Bedroom 3
      • Level: Upper
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Bedroom 4
      • Level: Upper
      • Area: 280 Square Feet
      • Dimensions: 20x14
      Breakfast room
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Dining room
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Exercise room
      • Features: Luxury Vinyl Plank
      • Level: Basement
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Family room
      • Features: Luxury Vinyl Plank
      • Level: Basement
      • Area: 1470 Square Feet
      • Dimensions: 35x42
      Great room
      • Level: Main
      • Area: 360 Square Feet
      • Dimensions: 20x18
      Kitchen
      • Level: Main
      • Area: 180 Square Feet
      • Dimensions: 15x12
      Laundry
      • Features: Tile-Ceramic
      • Level: Main
      • Area: 66 Square Feet
      • Dimensions: 11x06
      Library
      • Level: Main
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Loft
      • Level: Upper
      • Area: 110 Square Feet
      • Dimensions: 11x10
      Office
      • Level: Basement
      • Area: 143 Square Feet
      • Dimensions: 13x11
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Humidifier, Microwave, Oven, Double Oven, Range Hood, Refrigerator, Bar Fridge, Washer, Water Softener Owned, Other, Air Purifier
      • Laundry: Laundry Room, Main Level, Sink
      Features
      • Double Vanity, Cathedral Ceiling(s), Tray Ceiling(s), Entrance Foyer, Ceiling Fan(s), High Speed Internet, Eat-in Kitchen, Wired for Data, Smart Thermostat, Walk-In Closet(s), Wet Bar
      • Windows: WoodWorkStain/Painted
      • Basement: Finished,Daylight
      • Number of fireplaces: 1
      • Fireplace features: Gas Log, Great Room
      Interior area
      • Total structure area: 5,086
      • Total interior livable area: 5,086 sqft
      • Finished area below ground: 2,093
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached
      • Attached garage spaces: 3
      • Details: Garage Parking Other(Finished Garage, Keyless Entry)
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Screened
      • Exterior features: Sprinkler System
      • Has view: Yes
      • On waterfront: Yes
      • Waterfront features: Lake Front, Water Access, Dock
      Lot
      • Size: 0.6 Acres
      • Features: Mature Trees
      Details
      • Parcel number: 490703108004000400
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Residential, Single Family Residence
      Materials
      • Brick
      • Foundation: Concrete Perimeter, Full
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1995

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Fire Alarm, Panic Alarm, Security System, Security System Leased, Security System Owned
      • Subdivision: Lake Kesslerwood
      HOA
      • Has HOA: Yes
      • Services included: Association Home Owners
      • HOA fee: $275 annually
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $225/sqft
      • Tax assessed value: $878,100
      • Annual tax amount: $8,766
      • Date on market: 4/15/2026
      • Cumulative days on market: 142 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/31/2026Price change$1,145,000-0.4%$225/sqft
        Source: MIBOR as distributed by MLS GRID #22093253 Report a problem
        6/25/2026Listed for sale$1,150,000-4.2%$226/sqft
        Source: MIBOR as distributed by MLS GRID #22093253 Report a problem
        6/18/2026Listing removed$1,200,000$236/sqft
        Source: MIBOR as distributed by MLS GRID #22093253 Report a problem
        6/10/2026Price change$1,200,000-1.3%$236/sqft
        Source: MIBOR as distributed by MLS GRID #22093253 Report a problem
        6/5/2026Price change$1,216,000-0.1%$239/sqft
        Source: MIBOR as distributed by MLS GRID #22093253 Report a problem
        6/4/2026Price change$1,217,000-0.2%$239/sqft
        Source: MIBOR as distributed by MLS GRID #22093253 Report a problem
        6/1/2026Price change$1,219,000-0.1%$240/sqft
        Source: MIBOR as distributed by MLS GRID #22093253 Report a problem
        5/31/2026Price change$1,220,000+0.1%$240/sqft
        Source: MIBOR as distributed by MLS GRID #22093253 Report a problem
        5/29/2026Price change$1,219,000-0.1%$240/sqft
        Source: MIBOR as distributed by MLS GRID #22093253 Report a problem
        5/28/2026Price change$1,220,000-0.4%$240/sqft
        Source: MIBOR as distributed by MLS GRID #22093253 Report a problem
        5/7/2026Price change$1,225,000-2%$241/sqft
        Source: MIBOR as distributed by MLS GRID #22093253 Report a problem
        4/15/2026Listed for sale$1,250,000+62.3%$246/sqft
        Source: MIBOR as distributed by MLS GRID #22093253 Report a problem
        2/14/2022Sold$770,000-0.6%$151/sqft
        Source: MIBOR as distributed by MLS GRID #21816257 Report a problem
        1/20/2022Pending sale$775,000$152/sqft
        Source: MIBOR as distributed by MLS GRID #21816257 Report a problem
        10/29/2021Listed for sale$775,000+23%$152/sqft
        Source: MIBOR as distributed by MLS GRID #21816257 Report a problem
        11/21/2016Sold$630,000-3.1%$124/sqft
        Source: Public Record Report a problem
        11/1/2016Pending sale$650,000$128/sqft
        Source: RE/MAX Legends Group #21442775 Report a problem
        9/13/2016Listed for sale$650,000+35.4%$128/sqft
        Source: RE/MAX Legends Group #21442775 Report a problem
        4/27/2001Sold$480,000$94/sqft
        Source: MIBOR as distributed by MLS GRID #2103193 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,766 +5%$878,100 +10.9%
        2024$8,349 +6.6%$791,500 +4.3%
        2023$7,833 +6.3%$758,700 +8.4%
        2022$7,368 -4.4%$699,900 +7.7%
        2021$7,708 +23.8%$649,800 -3.2%
        2020$6,225 +8.4%$671,000 +7.8%
        2019$5,744 +2.4%$622,500 +8.4%
        2018$5,608 +34.1%$574,400 +3%
        2017$4,181 +1.9%$557,600 +38.7%
        2016$4,102 -1.6%$401,900 -3.6%
        2014$4,169 +1.2%$416,900
        2013$4,118 $416,900 +1.2%
        2012$4,118 $411,800 +4.4%
        2011-- $394,300
        2010$3,943 -16.2%$394,300 -16.2%
        2009$4,705 $470,500 -10.4%
        2007-- $525,300 -14.7%
        2006-- $615,700 +35.5%
        2005-- $454,400
        2004-- $454,400
        2003-- $454,400 +108.3%
        2002-- $218,100 +200%
        2001-- $72,700
        2000-- $72,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Devonshire

        Getting around

        5 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Skiles Test Elementary School
        • Middle: Belzer Middle School
        • High: Lawrence Central High School

        Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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