$229,900

7547 Prairie Lake Dr Indianapolis, IN 46256

I-69 Fall Creek Neighborhood

Estimated payment $1,739/month

2 Beds
2 Baths
2,124 Sq Ft
$108 Price per Sq Ft

Highlights

  • Water Views
  • 2 Car Attached Garage
  • 1-Story Property
  • Vaulted Ceiling
  • Laundry Room
  • Luxury Vinyl Plank Tile Flooring

About This Home

WOW! Glorious! Amazing! Completely renovated house in quiet CASTLETON FARMS community. Great neighborhood location and proximity to everything one needs! Spacious floor plan. Fresh neutral paint inside and outside. Beautiful luxury vinyl flooring throughout, Stunning kitchen area with upgraded cabinets and upgraded countertops, and stainless-steel appliances with built in microwave. New light fixtures throughout. Beautiful double sink vanity and tiles shower in master bath, Finished lower level with full bath and tiles shower. Large theater/rec room, Perfect for family gathering or entertaining. Easy access to downtown, restaurants, and shopping- all for an outstanding price! MUST SEE!

Listing Agent

Randy Placencia

Red Bridge Real Estate License #RB14045562 Listed on: 10/16/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1984

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • Neighborhood

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Basement
  • Exterior Basement Entry
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Lawrence North High School

Additional Features

  • 1 Common Wall
  • Forced Air Heating and Cooling System

Community Details

  • Castleton Farms Subdivision
  • Property managed by Kirkpatrick

Listing and Financial Details

  • Assessor Parcel Number 490226102060000400

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,212

Year Built

Built in 1984

Lot Details

0

HOA Fees

$335 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1984
  • Building Area Total: 2124
  • Entry Level: 1
  • Garage Y N: Yes
  • Subdivision Name: Castleton Farms
  • Transaction Type: Sale
  • Website: https://indy-realty-pics.aryeo.com/sites/wegrkpe/unbranded
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Walk Up
  • F H A Certified: No
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: Yes
  • Basement Type: Exterior Entry
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1084
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s)
  • Living Area: 2124
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1040
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick, Vinyl With Brick
  • Foundation Details: Poured Concrete
  • View: Neighborhood, Water
  • View Y N: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Laundry Room
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 335
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Suburban
  • Management Company Name: Kirkpatrick
  • Condo Description Location: Ground Level
  • Condo Type: Horizontal

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Parcel Number: 490226102060000400
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 2212
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1106
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Lawrence North High School

Map

Range of Values:

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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 $2,187 $203,900 $19,000 $184,900
2023 $2,187 $194,600 $19,000 $175,600
2022 $1,996 $175,100 $18,900 $156,200
2021 $1,717 $148,900 $18,800 $130,100
2020 $1,626 $139,900 $18,800 $121,100
2019 $1,324 $128,600 $18,800 $109,800
2018 $1,185 $119,200 $18,800 $100,400
2017 $1,115 $114,200 $18,700 $95,500
2016 $1,017 $108,400 $18,800 $89,600
2014 $2,222 $111,100 $18,800 $92,300
2013 $2,172 $108,600 $18,800 $89,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 For Sale $229,900 -- $108 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Investors Title
Warranty Deed -- Mattingly Ford Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $169,100 Construction
Previous Owner $118,405 FHA
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22062957

MIBOR Broker Listing Cooperative®

APN: 49-02-26-102-060.000-400

Indiana Marion County Indianapolis 46256 I-69 Fall Creek

7547 Prairie Lake Dr, Indianapolis, IN

This home is located at 7547 Prairie Lake Dr, Indianapolis, IN 46256 and is currently priced at $229,900, approximately $108 per square foot. This property was built in 1984. 7547 Prairie Lake Dr is a home located in Marion County with nearby schools including Crestview Elementary School, Fall Creek Valley Middle School, and Lawrence North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® 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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Randy Placencia
Listing Agent
Randy Placencia
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Red Bridge Real Estate
(317) 676-4508