5504 Grassy Bank Dr Indianapolis, IN 46237
Galludet NeighborhoodEstimated payment $1,703/month
Total Views
3,626
3
Beds
2.5
Baths
2,034
Sq Ft
$133
Price per Sq Ft
Highlights
- Mature Trees
- 2 Car Attached Garage
- Walk-In Closet
- Franklin Central High School Rated A-
- Eat-In Kitchen
- Ceramic Tile Flooring
About This Home
Look no further!! This Beautiful Home in Franklin Township is the one you've been waiting for. Nestled in Water's Edge Subdivision this home has plenty of room to spread out. The lower level offers a nicely updated Kitchen with SS Appliances, Huge Living Room with Movie Projector, Perfect Workspace in the Office, and a Half Bath. Upstairs enjoy a second living space in the Oversized Loft, Huge Primary Suite, 2 Large Spare Bedrooms, and Laundry Room. Outside relax on the deck in the fully fenced backyard. Take a stroll in Edgewood Park, a nearby Wildlife Refuge, or enjoy a day at Water's Edge Playground. Great location close to shopping and restaurants. Don't let this one get away!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,422
Year Built
- Built in 2003
Lot Details
- 6,400 Sq Ft Lot
- Mature Trees
HOA Fees
- $24 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Combination Kitchen and Dining Room
- Ceramic Tile Flooring
- Attic Access Panel
Kitchen
- Eat-In Kitchen
- Gas Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Laundry on upper level
- Dryer
- Washer
Schools
- Bunker Hill Elementary School
- Franklin Central Junior High
- Franklin Central High School
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Community Details
- Association fees include insurance, maintenance, parkplayground, management, snow removal, walking trails
- Association Phone (317) 510-4358
- Waters Edge At Cummins Farm Subdivision
- Property managed by Kirkpatrick Management
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Legal Lot and Block 11 / 1
- Assessor Parcel Number 491502109015000300
Map
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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 | $2,163 | $233,200 | $27,100 | $206,100 |
| 2023 | $2,163 | $207,500 | $27,100 | $180,400 |
| 2022 | $2,206 | $207,500 | $27,100 | $180,400 |
| 2021 | $1,808 | $172,400 | $27,100 | $145,300 |
| 2020 | $1,713 | $163,100 | $27,100 | $136,000 |
| 2019 | $1,617 | $153,600 | $16,000 | $137,600 |
| 2018 | $1,427 | $134,800 | $16,000 | $118,800 |
| 2017 | $1,388 | $131,100 | $16,000 | $115,100 |
| 2016 | $1,307 | $123,200 | $16,000 | $107,200 |
| 2014 | $1,092 | $109,200 | $16,000 | $93,200 |
| 2013 | $1,081 | $108,100 | $16,000 | $92,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Price Changed | $269,900 | -1.8% | $133 / Sq Ft |
| 06/30/2025 06/30/25 | For Sale | $274,900 | +62.7% | $135 / Sq Ft |
| 10/10/2018 10/10/18 | Sold | $169,000 | -0.6% | $83 / Sq Ft |
| 09/10/2018 09/10/18 | Pending | -- | -- | -- |
| 08/24/2018 08/24/18 | For Sale | $170,000 | -- | $84 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $20,000 | Credit Line Revolving | |
| Open | $137,550 | Construction | |
| Closed | $135,200 | New Conventional | |
| Previous Owner | $53,700 | New Conventional | |
| Previous Owner | $30,000 | New Conventional | |
| Previous Owner | $119,783 | FHA |
Source: Public Records
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Source: MIBOR Broker Listing Cooperative®
MLS Number: 22047641
APN: 49-15-02-109-015.000-300
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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