Sold
Last Sold Price
2 beds1,347 sqft$97/sqft
4940 Allisonville Rd, Unit B, Indianapolis, IN 46205
CondoProperty Type
1979Year Built
$97/sq ftPrice per sq ft
$350/moHOA Fees

Description

Updates already done for you. All you need to do is move in. Two bedroom, 2 full bath condo on lower walk out level. Has ideal layout with large living room overlooking picturesque lake. The primary bedroom also looks out at the lake. Hall bath has updated vanity, lighting and LPV flooring. Primary bath has updated vanity, lighting and shower door. Kitchen updated with new cabinet fronts, counter and LPV flooring. Relax in the 3 seasons sunroom. Kayak on the lake. Unit comes with 2 carports. Show...Updates already done for you. All you need to do is move in. Two bedroom, 2 full bath condo on lower walk out level. Has ideal layout with large living room overlooking picturesque lake. The primary bedroom also looks out at the lake. Hall bath has updated vanity, lighting and LPV flooring. Primary bath has updated vanity, lighting and shower door. Kitchen updated with new cabinet fronts, counter and LPV flooring. Relax in the 3 seasons sunroom. Kayak on the lake. Unit comes with 2 carports. Show drafts Spacious 2-Bedroom Condo with Lake Views. This charming 2-bedroom, 2-full bath condo offers the perfect blend of comfort and convenience. Located on the lower walk-out level, this home boasts an ideal layout with a large living room that overlooks a picturesque lake. The primary bedroom also enjoys stunning lake views. The condo has been thoughtfully updated with modern touches. The hall bath features an updated vanity, new lighting, and stylish LPV flooring. The primary bath has been refreshed with an updated vanity, new lighting, and a sleek shower door. The kitchen has been revitalized with new cabinet fronts, a contemporary countertop, and durable LPV flooring. Relax and unwind in the inviting 3-season sunroom, or enjoy the serenity of the lake with kayaking or fishing off the dock. The unit also comes with the convenience of 2 assigned carports. Convenient drive to downtown.
  • Listed by: Barbara Bade 317.216.8800 barbsellshomes1914@gmail.com • United Real Estate Indpls
Listing closed: 01/31/2025 12:00 AM • Source: MIBORMLS, MLS#: 22013176

Recent comparable sales

Median sold price

$137,500

Avg days on market

72

Sale-to-list ratio

91.2%

Indianapolis, IN

9 comparable properties found

$130,000 | 4934 Allisonville Road, Unit F, Indianapolis, IN 46205
1/30
1

$130,000

Sold 10/10/24

2
Bedrooms
1,300
Square Feet
Unavailable
Acres
$137,500 | 4934 Allisonville Road, Unit E, Indianapolis, IN 46205
1/45
2

$137,500

Sold 11/19/24

2
Bedrooms
1,300
Square Feet
Unavailable
Acres
$128,000 | 4934 Allisonville Road, Unit D, Indianapolis, IN 46205
1/27
3

$128,000

Sold 09/08/25

2
Bedrooms
1,392
Square Feet
Unavailable
Acres
$122,000 | 5040 Allisonville Road, Unit C, Indianapolis, IN 46205
1/27
4

$122,000

Sold 12/27/24

2
Bedrooms
1,347
Square Feet
Unavailable
Acres
$144,500 | 3016 Lake Shore Drive, Unit B, Indianapolis, IN 46205
1/30
5

$144,500

Sold 12/30/25

2
Bedrooms
1,400
Square Feet
Unavailable
Acres
$145,000 | 3036 Lake Shore Drive, Unit A, Indianapolis, IN 46205
1/22
6

$145,000

Sold 07/21/26

2
Bedrooms
1,225
Square Feet
Unavailable
Acres
$148,000 | 3004 Lake Shore Drive, Unit E, Indianapolis, IN 46205
1/28
7

$148,000

Sold 05/30/25

2
Bedrooms
1,300
Square Feet
Unavailable
Acres
$149,800 | 4371 Abby Creek Lane, Indianapolis, IN 46205
1/22
8

$149,800

Sold 03/05/25

2
Bedrooms
1,127
Square Feet
Unavailable
Acres
$117,900 | 5525 Roxbury Terrace, Indianapolis, IN 46226
1/29
9

$117,900

Sold 05/15/26

2
Bedrooms
1,372
Square Feet
Unavailable
Acres

Location

Listing Courtesy of United Real Estate Indpls

Sold By Matlock Realty Group

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,075 per month

30 year fixed, 6.55% Interest

Principal and Interest

$661

Property Taxes

$64

HOA Dues

$350

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 4940 Allisonville Road, Unit B

Property Details
  • Taxes: $385 semi-annually
  • MLS Type: Residential / Condominium
  • Architectural Style: TraditonalAmerican
  • Subdivision Name: Heron Lake
  • Township: Washington
  • Waterfront: Yes
Building Information
  • Building/Complex: 4940 Allisonville Rd
  • Year Built: 1979
Summary
Location and General Information
  • City: Indianapolis
  • Condo Description Location: Building Common Entry,Ground Level
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46205
  • Postal Code Plus4: 1539
  • State Or Province: IN
  • Unit Number: B
  • View: Water
  • View: Yes
Taxes and HOA Information
  • Attic YN: Yes
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Clubhouse, Maintenance Grounds, Nature Area, Management, Snow Removal, Trash
  • Association Fee: $350
  • Parcel Number: 490708104089000800
  • Semi Annual Property Tax Amt: 385
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2023
  • TaxLot: 0
School Information
  • School District: MSD Washington Township
Parking
  • Garage YN: No
Property
Lot Information
  • Acreage: <1/4 Acre
  • Condo Type: Horizontal
  • Lifestyles: Other/See Remarks
  • Lot Size Square Feet: 3306.0
  • Lot Size Acres: 0.08
  • Main Level SqFt: 1347
  • New Construction: False
  • Sqft Total: 1347.0
  • Sq Ft Total: 1347.0
  • Year Built Numeric: 1979
  • Living Area Source: Broker
Property and Assessments
  • Affected by Disclosures: No
  • Common Walls: 1 Common Wall
  • DPRYN: No
  • FHA Certified: No
  • Legal Subdivision: Heron Lake Horizontal Property Regime4940 B Allisonville Rd Unit B (Bldg 6) & .6383%Int In Common Areas
  • Ownership Type: Mandatory Fee
  • Photos Count: 28
  • Property Attached: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: Cash
  • Community Features: Fishing, Lake, Street Lights
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
  • Utilities: Electricity Connected
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Association Amenities: Clubhouse, Maintenance Grounds, Management, Snow Removal, Trash
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Common Laundry, Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator
  • Areas Interior: Living Room Formal
  • Basement YN: No
  • Cooling: Central Electric
  • Eating Area: Dining Combo/Kitchen
  • Floor Number: 0
  • Heating: Electric
  • Interior Features: Pantry, Supplemental Storage, Windows Vinyl
  • Levels: One
  • Kitchen Features: Kitchen Galley,Kitchen Some Updates
  • Room List: Living Room, Dining Room, Kitchen, Primary Bedroom, Bedroom 2
  • Room and Features: Living Room-Main-Carpet, Dining Room-Main-Carpet, Kitchen-Main-Vinyl Plank, Primary Bedroom-Main-Carpet, Bedroom 2-Main-Carpet
  • Main Level Bedrooms: 2
  • Laundry Features: No Laundry Facil.
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 5
  • Rooms Total MU: 5
  • Total Rooms: 5
Room 1
  • Room Level: Main
  • Room Dimensions: 16x15
  • Room Features: Carpet
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 10x8
  • Room Features: Carpet
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 9x4
  • Room Features: Vinyl Plank
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 14x11
  • Room Features: Carpet
  • Room Type: Primary Bedroom
Room 5
  • Room Level: Main
  • Room Dimensions: 12x11
  • Room Features: Carpet
  • Room Type: Bedroom 2
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 2
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 2
Multi Family
Multi-Family Information
  • Unit Entry Level: 0

Property History for 4940 Allisonville Road, Unit B

DateEvent & SourcePriceAppreciation
Jan 31, 2025

Sold (Public Record)

Public Record #1552342234

$130,000

+18.3% / yr

Jan 31, 2025

Sold

MIBORMLS #22013176

$130,000
Jan 22, 2025

Pending

MIBORMLS #22013176

DateEvent & SourcePrice
01/31/2025

Sold (Public Record)

Public Record #1552342234

$130,000

+18.3% / yr

01/31/2025

Sold

MIBORMLS #22013176

$130,000
01/22/2025

Pending

MIBORMLS #22013176

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4940 Allisonville Road, Unit B

Taxable ValueLand$28,300Additions$71,100Total$99,400
Tax Record2024$804 ($67 / month)
Home Facts
Beds0Lot Size3,306 SqFtStyleCondominiumYear Built1965CountyMARIONAPN49-07-08-104-089.000-800

Schools near 4940 Allisonville Road, Unit B

This home is within M S D Washington Township.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Clearwater Elementary School
PublicK to 5

Eastwood Middle School
Public6 to 8

North Central High School
Public9 to 12

J Everett Light Career Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 46205

$215,000 | 2330 Winthrop Avenue, Indianapolis, IN 46205
1/29
New

$215,000

3
Bedrooms
1,642
Square Feet
0.09
Acres
$200,000 | 3741 Ruckle Street, Indianapolis, IN 46205
1/27
New

$200,000

3
Bedrooms
2,088
Square Feet
0.12
Acres
$145,000 | 3915 Hillside Avenue, Indianapolis, IN 46205
1/8
New

$145,000

4
Bedrooms
1,814
Square Feet
0.16
Acres
$500,000 | 0 East 46th Street, Indianapolis, IN 46205
1/2
New

$500,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
$500,000 | 4305 Winthrop Avenue, Indianapolis, IN 46205
1/2
New

$500,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.11
Acres
$445,000 | 2436 North New Jersey Street, Indianapolis, IN 46205
1/70
New

$445,000

4
Bedrooms
3,355
Square Feet
0.13
Acres
$230,000 | 4230 Norwaldo Avenue, Indianapolis, IN 46205
1/20

$230,000

2
Bedrooms
1,728
Square Feet
0.13
Acres
$389,900 | 3969 Ruckle Street, Indianapolis, IN 46205
1/40

$389,900

3
Bedrooms
2,776
Square Feet
0.1
Acres
$399,000 | 2911 North Delaware Street, Indianapolis, IN 46205
1/44

$399,000

4
Bedrooms
3,150
Square Feet
0.11
Acres

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of United Real Estate Indpls

Based on information submitted to the MLS GRID as of 02/05/2025 08:13 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.