$130,000

5040 Allisonville Rd Unit E Indianapolis, IN 46205

Millersville Neighborhood

Estimated payment $1,232/month

Total Views 1,198
2 Beds
2 Baths
1,347 Sq Ft
$97 Price per Sq Ft

Highlights

  • Lake View
  • Waterfront
  • Wood Flooring
  • Clearwater Elementary School Rated A-
  • Traditional Architecture
  • Separate Formal Living Room

About This Home

This condominium offers an inviting home that is ready to move in. The allure of this property is magnified by its water aspect, where the gentle reflections dance and shimmer, creating a serene backdrop to daily life. Imagine the calming effect of this vista, providing a tranquil escape from the hustle and bustle. With a lot area of 3306 square feet, this condominium, constructed in 1965, presents a unique opportunity to own a piece of Indianapolis history. This condominium offers an opportunity to embrace a lifestyle of comfort and convenience. Priced to sell with all hardwood flooring in all rooms. Beautiful lake view from living room and outdoor balcony. Priced to sell!

Listing Agent

Steve Shobe

Shobe & Boards Co., REALTORS License #RB14013408 Listed on: 12/02/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1965

Lot Details

  • Waterfront
  • 1 Common Wall

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,347 Sq Ft Home
  • 1-Story Property
  • Paddle Fans
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Lake Views

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Community Details

  • Association fees include common cooling, common heat, insurance, lawncare
  • Association Phone (317) 570-4358
  • Heron Lake Subdivision
  • Property managed by Kirkpatrick Management Co

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 490708104041000800

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,524

Year Built

Built in 1965

Lot Details

0

HOA Fees

$340 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: 1347
  • Garage Y N: No
  • Lot Size Acres: 0.08
  • Subdivision Name: Heron Lake
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: E
  • Lifestyles: Walk Up
  • F H A Certified: No
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Appliances: Refrigerator, Dishwasher
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl
  • Living Area: 1347
  • Areas Interior: Living Room Formal
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1347
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • View: Lake, Water
  • View Y N: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Insurance
  • Association Fee: 340
  • Association Fee Frequency: Monthly
  • Association Phone: 317-570-4358
  • Association YN: Yes
  • Management Company Name: Kirkpatrick Management Co
  • Condo Description Location: Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Common Cooling, Common Heat, Entrance Common, Insurance, Lawncare

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 3306
  • Parcel Number: 490708104041000800
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 2524
  • Tax Lot: 2
  • Semi Annual Property Tax Amt: 1262
  • Tax Exemption: None

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,576 $99,400 $28,300 $71,100
2023 $2,576 $99,500 $28,400 $71,100
2022 $1,787 $67,700 $22,300 $45,400
2021 $1,810 $67,100 $22,100 $45,000
2020 $1,658 $64,800 $21,700 $43,100
2019 $1,560 $64,700 $21,500 $43,200
2018 $1,304 $55,000 $19,700 $35,300
2017 $1,228 $52,300 $19,200 $33,100
2016 $893 $40,100 $16,800 $23,300
2014 $864 $41,900 $16,900 $25,000
2013 $1,105 $54,300 $19,000 $35,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 For Sale $130,000 -- $97 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Available
Limited Warranty Deed -- None Available
Sheriffs Deed $62,650 None Available
Sheriffs Deed $6,055 None Available
Quit Claim Deed -- None Available
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22075560

MIBOR Broker Listing Cooperative®

APN: 49-07-08-104-041.000-800