5502 Floating Leaf Dr Indianapolis, IN 46237
Galludet NeighborhoodEstimated payment $1,840/month
Highlights
- Water Views
- Home fronts a pond
- No HOA
- Franklin Central High School Rated A-
- Vaulted Ceiling
- 2 Car Attached Garage
About This Home
This inviting 4-bedroom, 2.5-bath home sits in the popular Waters Edge at Cummins Farm neighborhood in Franklin Township. Built in 2003, it offers plenty of space with nearly 2,400 sq ft and an open main floor that flows from the living room to the family room and kitchen. You'll love the bright, airy feel, the stainless-steel appliances, and the easy-care flooring throughout. Upstairs, the roomy primary suite has its own sitting area - perfect for relaxing - plus three more bedrooms that can double as guest rooms, kids' rooms, or a home office. Step outside to enjoy the peaceful pond view from your back deck, or hang out in the fenced yard with friends and family. With great schools, quick access to I-465, and shopping and dining just minutes away, this home has everything you need for comfortable, easy living.
Listing Agent
Better Homes and Gardens Real Estate Gold Key License #RB24001811 Listed on: 11/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,612
Year Built
- Built in 2003
Lot Details
- 6,600 Sq Ft Lot
- Home fronts a pond
Parking
- 2 Car Attached Garage
Property Views
- Water
- Neighborhood
Home Design
- Split Level Home
- Brick Exterior Construction
- Slab Foundation
- Stone
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Combination Kitchen and Dining Room
- Laundry Room
Kitchen
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Schools
- Franklin Central Junior High
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Waters Edge At Cummins Farm Subdivision
Listing and Financial Details
- Tax Lot 55
- Assessor Parcel Number 491502109054000300
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,391 | $261,100 | $28,000 | $233,100 |
| 2023 | $2,391 | $230,300 | $28,000 | $202,300 |
| 2022 | $2,440 | $230,300 | $28,000 | $202,300 |
| 2021 | $1,996 | $191,200 | $28,000 | $163,200 |
| 2020 | $1,889 | $180,700 | $28,000 | $152,700 |
| 2019 | $1,782 | $171,000 | $16,500 | $154,500 |
| 2018 | $1,269 | $150,000 | $16,500 | $133,500 |
| 2017 | $1,529 | $145,200 | $16,500 | $128,700 |
| 2016 | $1,439 | $136,400 | $16,500 | $119,900 |
| 2014 | $1,235 | $123,500 | $16,500 | $107,000 |
| 2013 | $1,222 | $122,200 | $16,500 | $105,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $315,000 | +12.9% | $131 / Sq Ft | |
| 07/19/2022 07/19/22 | Sold | $279,000 | +1.5% | $116 / Sq Ft | View Prior Sale |
| 06/18/2022 06/18/22 | Pending | -- | -- | -- | |
| 06/14/2022 06/14/22 | For Sale | $275,000 | 0.0% | $115 / Sq Ft | |
| 06/07/2022 06/07/22 | Pending | -- | -- | -- | |
| 06/02/2022 06/02/22 | For Sale | $275,000 | +50.3% | $115 / Sq Ft | |
| 10/12/2018 10/12/18 | Sold | $183,000 | -3.7% | $76 / Sq Ft | View Prior Sale |
| 09/11/2018 09/11/18 | Pending | -- | -- | -- | |
| 08/03/2018 08/03/18 | For Sale | $190,000 | -- | $79 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $279,000 | Royal Title | |
| Warranty Deed | $183,000 | Nations Title Agency | |
| Special Warranty Deed | -- | Ctic | |
| Limited Warranty Deed | -- | None Available | |
| Sheriffs Deed | $153,612 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,630 | New Conventional | |
| Previous Owner | $183,000 | VA | |
| Previous Owner | $122,220 | Purchase Money Mortgage |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22071867
APN: 49-15-02-109-054.000-300
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Ask me questions while you tour the home.