$124,900
SOLD MAY 2, 2025

5038 Allisonville Rd Unit A Indianapolis, IN 46205

Millersville Neighborhood
3 Beds
2 Baths
1,400 Sq Ft
$445/mo HOA Fee

Recently Sold

$89 Per Sq Ft

77 Days on Market

Highlights

  • Community Lake
  • Enclosed Glass Porch
  • Central Air
  • Clearwater Elementary School Rated A-
  • 1-Story Property
  • Family or Dining Combination

About This Home

As of May 2025

Affordable opportunity in Heron Lake! 3BR 2BA condo on lower walk out level has great views of the lake! Brand new beautiful and neutral carpet throughout has just been installed! This cozy home has the potential for a warm & welcoming cool retro feel with a little bit of updating. There are 3 ample size bedrooms, 2 full baths, and plenty of storage including a private storage closet just outside in the hallway. The on site laundry room is just outside of the unit and this is a ground level unit. Homeowners enjoy the use of docks available to launch non-motorized boats/kayaks & swimming. Water, sewer, trash, and insurance of common area is included in the monthly HOA fee. Conveniently located just minutes from Broad Ripple, Castleton, Ft. Harrison State Park, shopping, dining, and I70 & I465.

Last Agent to Sell the Property

Vickie Jordan

Home Bound Real Estate LLC License #RB15001529 Listed on: 01/08/2025

Last Buyer's Agent

Eric Middleton

Middland Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $734

Year Built

  • Built in 1965

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Radiant Ceiling

Additional Features

  • Enclosed Glass Porch
  • 1 Common Wall

Listing and Financial Details

  • Assessor Parcel Number 490708104060000800
  • Seller Concessions Offered

Community Details

Overview

  • Association fees include insurance, lawncare, ground maintenance, maintenance structure, maintenance, management, snow removal, trash
  • Association Phone (317) 570-4358
  • Heron Lake Subdivision
  • Property managed by Kirkpatrick
  • The community has rules related to covenants, conditions, and restrictions
  • Community Lake

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$734

Year Built

Built in 1965

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1965
  • Building Area Total: 1400
  • Garage Y N: No
  • Lot Size Acres: 0.1
  • Subdivision Name: Heron Lake
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Walk Up
  • F H A Certified: No
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Appliances: Dishwasher, Electric Oven
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1400
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1400
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • List Price: 124900
  • Patio And Porch Features: Glass Enclosed

Garage/Parking

  • Parking Features: Carport
  • Garage Sq Ft: 0

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Radiant Ceiling
  • Laundry Features: Common Laundry
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Insurance, Maintenance Grounds, Maintenance, Management, Snow Removal, Trash
  • Association Fee: 445
  • Association Fee Frequency: Monthly
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Community Features: Lake
  • Management Company Name: Kirkpatrick
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Ground Level
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal, Trash, See Remarks

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 4321
  • Parcel Number: 490708104060000800
  • Acres: <1/4 Acre
  • Price Acre: 1249000

Tax Info

  • Tax Annual Amount: 734
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 367
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
May 2, 2025
Sold by
Kershaw Shirley A
Bought by
Middleton Lawrence
Seller's Agent
Vickie Jordan
Home Bound Real Estate LLC
Buyer's Agent
Eric Middleton
Middland Real Estate, LLC
List Price
$124,900
Sold Price
$124,900
Views
138
Current Estimated Value
$136,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,165
Avg. Annual Appreciation
21.48%
Original Mortgage
$118,655
Outstanding Balance
$118,235
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$17,830
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $118,655 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2025 05/02/25 Sold $124,900 0.0% $89 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/21/2025 03/21/25 Price Changed $124,900 -1.6% $89 / Sq Ft
01/25/2025 01/25/25 Price Changed $126,900 +1.6% $91 / Sq Ft
01/08/2025 01/08/25 For Sale $124,900 -- $89 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $734 $116,900 $37,000 $79,900
2023 $734 $117,000 $37,100 $79,900
2022 $199 $80,200 $29,200 $51,000
2021 $190 $79,300 $28,900 $50,400
2020 $139 $76,600 $28,300 $48,300
2019 $169 $76,600 $28,100 $48,500
2018 $83 $65,300 $25,700 $39,600
2017 $63 $62,200 $25,100 $37,100
2016 $28 $48,000 $21,900 $26,100
2014 $28 $50,100 $22,100 $28,000
2013 $28 $64,400 $24,800 $39,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22016817

MIBOR Broker Listing Cooperative®

APN: 49-07-08-104-060.000-800