5846 E Fall Creek Parkway Dr N Indianapolis, IN 46226
Devonshire NeighborhoodEstimated payment $5,860/month
Highlights
- Lake Front
- Sauna
- Mature Trees
- Water Access
- Lake Privileges
- Community Lake
About This Home
Stunning Waterfront Retreat on Lake Kesslerwood. Welcome to 5846 E. Fall Creek Parkway North Drive - a rare opportunity to own a beautifully updated waterfront home nestled in one of Indianapolis' most picturesque and peaceful settings. With 4 spacious bedrooms, 5 bathrooms, and over 4,000 square feet of finished living space, this home offers luxury, comfort, and versatility for any lifestyle. Step inside to discover a light-filled main level featuring a thoughtfully designed layout, perfect for both everyday living and entertaining. The 4-seasons room provides incredible views of Lake Kesslerwood, making it your new favorite spot year-round. Step out onto the back deck and enjoy the expansive backyard with lakefront views. The steps lead you down to your private dock and sitting area. Take your pick on a primary bedroom with suites on the main level and on the second floor. The large bonus room above the garage is ideal for a second home office or fitness studio. A basement kitchen and TV room offer the perfect spot for hosting gatherings or game night. This home combines timeless charm with high-end finishes in a location that offers both natural beauty and city convenience. Just minutes from downtown Indy, parks, shopping, and dining.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,590
Year Built
- Built in 1994
Lot Details
- 0.48 Acre Lot
- Lake Front
- Mature Trees
HOA Fees
- $33 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Property Views
- Water
- Woods
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Living Room with Fireplace
- Formal Dining Room
- Sauna
- Finished Basement
- 9 Foot Basement Ceiling Height
Kitchen
- Breakfast Bar
- Double Oven
- Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Water Access
- Lake Privileges
Schools
- Skiles Test Elementary School
- Belzer Middle School
- Lawrence Central High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- Association fees include maintenance
- Association Phone (317) 459-6656
- Lake Kesslerwood Subdivision
- Property managed by Kesslerwood East Lake Association
- Community Lake
Listing and Financial Details
- Legal Lot and Block 113 / 12
- Assessor Parcel Number 490703102002000400
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 | $7,446 | $687,300 | $104,500 | $582,800 |
| 2023 | $7,446 | $658,800 | $104,500 | $554,300 |
| 2022 | $7,003 | $627,200 | $104,500 | $522,700 |
| 2021 | $6,585 | $562,900 | $85,200 | $477,700 |
| 2020 | $6,656 | $562,900 | $85,200 | $477,700 |
| 2019 | $5,586 | $539,200 | $85,200 | $454,000 |
| 2018 | $6,046 | $585,800 | $85,200 | $500,600 |
| 2017 | $5,911 | $572,900 | $85,200 | $487,700 |
| 2016 | $5,636 | $546,000 | $85,200 | $460,800 |
| 2014 | $5,657 | $565,700 | $85,200 | $480,500 |
| 2013 | $5,657 | $565,700 | $85,200 | $480,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | Pending | -- | -- | -- |
| 08/15/2025 08/15/25 | Price Changed | $975,000 | -2.0% | $223 / Sq Ft |
| 07/28/2025 07/28/25 | For Sale | $995,000 | -- | $227 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22053416
APN: 49-07-03-102-002.000-400
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