$348,000
PENDING $2K PRICE DROP

Estimated payment $2,168/month

Total Views 2,654
5 Beds
2.5 Baths
3,243 Sq Ft
$107 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Updated Kitchen
  • Traditional Architecture
  • Franklin Central High School Rated A-
  • Mature Trees
  • Corner Lot

About This Home

Welcome to your dream home at 5334 Lilly Pad Lane in Indianapolis! Perfectly positioned on a premium pond-view lot with over 3,200 square feet of beautifully updated living space, this stunning 5-bedroom, 3-bath home combines luxury, comfort, and functionality in all the right ways. From the moment you arrive, you'll notice the exceptional curb appeal featuring decorative black rock landscaping, updated entry doors, newer architectural shingle roof, and brand-new gutters and downspouts. Step inside to discover rich solid bamboo hardwood floors flowing throughout the main level, enhanced by updated lighting and an inviting open-concept layout designed for everyday living and effortless entertaining. The fully renovated half bath showcases ceramic tile flooring and elegant hard-surface countertops, while the spacious kitchen and living areas offer the perfect gathering spaces for family and friends. Upstairs, the beautifully renovated hallway bathroom features luxury vinyl plank flooring and upgraded hard-surface countertops, while the primary suite has been refreshed with updated mirrors and lighting for a modern touch. Major mechanical updates provide peace of mind, including a 50-gallon water heater replaced in 2022 and a high-efficiency gas furnace and air conditioning system installed in 2025. The backyard oasis is where this property truly shines. Enjoy breathtaking pond views from your expansive 23'9" x 14'11" concrete patio complete with a stunning 12' x 14' cedar gazebo, cozy fire pit area, and fully fenced yard - creating the perfect setting for relaxing evenings, entertaining guests, or enjoying peaceful mornings outdoors. Additional highlights include an epoxy-coated garage floor, spacious bedrooms, abundant natural light, and a layout that offers flexibility for growing families, home offices, or multi-generational living. Homes with this level of updates, space, and outdoor beauty rarely hit the market - this is more than a home, it's a li

Listing Agent

Lindsey Smalling

Highgarden Real Estate Brokerage Email: lsmalling@highgarden.com License #RB14038038 Listed on: 05/20/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,168

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 7,156 Sq Ft Lot
  • Corner Lot
  • Mature Trees

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Pond
  • Woods
  • Park or Greenbelt

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Patio
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Water Softener Leased

Community Details

  • Association fees include maintenance, parkplayground, management, snow removal
  • Waters Edge At Cummins Farm Subdivision
  • Property managed by Water's Edge HOA c/o Kirkpatrick
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 66 / 1
  • Assessor Parcel Number 491502109070000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,168

Year Built

Built in 2003 | Remodeled

Lot Details

7,156 Sq Ft Lot

HOA Fees

$24 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2003
  • Building Area Total: 3243
  • Garage Y N: Yes
  • Lot Size Acres: 0.16
  • Subdivision Name: Waters Edge At Cummins Farm
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.thesmallinggroup.com
  • Accessibility Features YN: No
  • Attribution Contact: lsmalling@highgarden.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: MicroHood, Electric Oven, Electric Water Heater, Water Softener Rented
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Pantry
  • Living Area: 3243
  • Other Equipment: Smoke Alarm
  • Spa Y N: No
  • Areas Interior: Great Room - 2 Story,Laundry in Unit,Living Room Formal,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1426
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1817
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Vinyl

Exterior Features

  • Construction Materials: Brick, Vinyl With Brick
  • Exterior Features: Fire Pit, Other
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Pool Private Y N: No
  • Property Condition: Updated/Remodeled
  • View: Park/Greenbelt, Pond, Trees/Woods
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete
  • Garage Parking Other: Keyless Entry

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Upper Level
  • Security Features: Smoke Detector(s)
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Playground, Maintenance, Park, Management, Snow Removal
  • Association Fee: 290
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Management Company Name: Water's Edge HOA c/o Kirkpatrick
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Maintenance, ParkPlayground, Management, Snow Removal

Lot Info

  • Lot Features: Corner Lot, Sidewalks, Street Lights, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 7156
  • Parcel Number: 491502109070000300
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 3168
  • Tax Block: 1
  • Tax Lot: 66
  • Semi Annual Property Tax Amt: 1584
  • Tax Exemption: Homestead Tax Exemption

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,108 $331,700 $30,300 $301,400
2024 $2,877 $316,800 $30,300 $286,500
2023 $2,877 $278,900 $30,300 $248,600
2022 $2,937 $278,900 $30,300 $248,600
2021 $2,381 $229,700 $30,300 $199,400
2020 $2,251 $216,900 $30,300 $186,600
2019 $2,148 $206,700 $17,900 $188,800
2018 $1,935 $185,600 $17,900 $167,700
2017 $1,872 $179,500 $17,900 $161,600
2016 $1,747 $167,200 $17,900 $149,300
2014 $1,519 $151,900 $17,900 $134,000
2013 $1,532 $151,900 $17,900 $134,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2026 07/03/26 Pending -- -- --
06/12/2026 06/12/26 Price Changed $348,000 -0.6% $107 / Sq Ft
06/04/2026 06/04/26 For Sale $349,999 0.0% $108 / Sq Ft
05/31/2026 05/31/26 Pending -- -- --
05/20/2026 05/20/26 For Sale $349,999 +186.9% $108 / Sq Ft
01/22/2013 01/22/13 Sold $122,000 0.0% $38 / Sq Ft View Prior Sale
12/12/2012 12/12/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $122,000 -- $38 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Quality Title
Deed -- --
Deed $122,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $184,800 Construction
Closed $112,000 New Conventional
Closed $38,500 Commercial
Closed $14,990 Unknown
Closed $119,790 FHA
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22103141

MIBOR Broker Listing Cooperative®

APN: 49-15-02-109-070.000-300

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