Sold
Last Sold Price
23,522 Lot Size0.54 Acres
5509 Fall Creek Rd, Indianapolis, IN 46220
LandProperty Type
0.54 acresLot Size
$250/yrHOA Fees

Description

Over 1/2 acre lot ready for your custom builder sits on beautiful Lake Kesslerwood. Sitting on a quiet inlet, you can enjoy beautiful water views & water sports. This is a rare find in this area amidst an otherwise developed shoreline. Close to shopping, dining, entertainment & interstates, this location is superb. Irrigation system & plumbing included-- pump is not. Neither is controller. Deeded rights to build a dock, fire pit, stonework & steps too!Over 1/2 acre lot ready for your custom builder sits on beautiful Lake Kesslerwood. Sitting on a quiet inlet, you can enjoy beautiful water views & water sports. This is a rare find in this area amidst an otherwise developed shoreline. Close to shopping, dining, entertainment & interstates, this location is superb. Irrigation system & plumbing included-- pump is not. Neither is controller. Deeded rights to build a dock, fire pit, stonework & steps too!
  • Listed by: Steven Rupp 317.573.1818 Steve@Welcome2Indy.com • Keller Williams Indpls Metro N
Listing closed: 08/31/2015 12:00 AM • Source: MIBORMLS, MLS#: 21324637

Recent comparable sales

Median sold price

$115,000

Avg days on market

135

Sale-to-list ratio

76.0%

Indianapolis, IN

9 comparable properties found

$115,000 | 6422 Fall Creek Road, Indianapolis, IN 46220
1/3
1

$115,000

Sold 04/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.84
Acres
$55,000 | 5404 Moonlight Drive, Indianapolis, IN 46226
1/5
2

$55,000

Sold 05/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.38
Acres
$100,000 | 3731 Wellington Avenue, Indianapolis, IN 46226
1/16
3

$100,000

Sold 08/19/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.77
Acres
$12,000 | 4555 North Emerson Avenue, Indianapolis, IN 46226
1/14
4

$12,000

Sold 03/12/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.62
Acres
5

$120,000

Sold 12/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,462
Square Feet
0.22
Acres
6

$119,714

Sold 08/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,040
Square Feet
0.19
Acres
7

$125,000

Sold 11/01/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,212
Square Feet
0.85
Acres
8

$115,000

Sold 03/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
920
Square Feet
0.15
Acres
9

$98,300

Sold 10/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
864
Square Feet
0.16
Acres

Location

Listing Courtesy of Keller Williams Indpls Metro N

Sold By F.C. Tucker Company

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Property Information for 5509 Fall Creek Road

Property Details
  • Taxes: $873 semi-annually
  • MLS Type: Land / Residential Lots
  • Subdivision Name: LAKE KESSLERWOOD
  • Township: Lawrence
  • Zoning: residential
Building Information
  • Lot Size: 0.54 AC
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: From Kessler Blvd. East Dr. and Fall Creek Rd., turn left onto Fall Creek Rd. 5509 Fall Creek Rd. is approximately 1 mile on the right.
  • Postal Code: 46220
  • Road Access: CityStreet
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Association Fee Frequency: Annually
  • Association Fee Includes: Insurance
  • Association Fee: $250
  • Parcel Number: 490703103005000400
  • Semi Annual Property Tax Amt: 873
  • Tax Exemption: None
  • Tax Year: 2014
Virtual Tour
Property
Lot Information
  • Acreage: 1/2-3/4 Acre
  • Land Characteristics: Lake Front,Suburban
  • Lot Number: 95
  • Lot Size: 113x245x86x219
  • Lot Size Acres: 0.54
  • MLS: MIBOR
  • New Construction: False
  • Number Of Lots: 1
  • Number of Lots in Subdv: 95
  • Other Structures: No Building
  • Soil Type: Clay
  • SqFt Main Upper: 0
  • Sq Ft Total: 0.0
Property and Assessments
  • Affected by Disclosures: 0
  • Documents: CvntRestrc
  • Photos Count: 4
  • Present Zoning: Single Family
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Section: 6
  • SaleTerms: Conventnl
  • Type: Undeveloped
  • Transaction Type: Sale
Utilities
  • Facilities Near: NotApplic
  • Facilities On: Cable,Electric,Gas,Telephone,Wtr&Sewer
  • Sewer: Municipal Sewer On Site
  • Solid Waste: 0
  • Water: Municipal Water on Site
Interior and Exterior Features
Exterior Features
  • Improvements: NotApplic
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
Bathrooms
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0

Property History for 5509 Fall Creek Road

DateEvent & SourcePriceAppreciation
Aug 31, 2015

Sold (Public Record)

Public Record #557724599

$105,000
Aug 31, 2015

Sold

MIBORMLS #21324637

$105,000
Jul 21, 2015

Pending

MIBORMLS #21324637

DateEvent & SourcePrice
08/31/2015

Sold (Public Record)

Public Record #557724599

$105,000
08/31/2015

Sold

MIBORMLS #21324637

$105,000
07/21/2015

Pending

MIBORMLS #21324637

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

Public Records for 5509 Fall Creek Road

Taxable ValueLand$111,200Additions$556,900Total$668,100
Tax Record2024$7,373 ($614 / month)
Home Facts
Beds3Baths3.5Total Finished SqFt3,229 SqFtAbove Grade Finished SqFt3,229 SqFtLot Size23,522 SqFtStyleSingle Family ResidenceYear Built2017ZoningZO01CountyMARIONAPN49-07-03-103-005.000-400Fireplace TypeHas Fireplace

Schools near 5509 Fall Creek Road

This home is within M S D Lawrence Township.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Skiles Test Elementary School
PublicPK to 6

Belzer Middle School
Public7 to 8

Lawrence Central High School
Public9 to 12

McKenzie 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5509 Fall Creek Road, Indianapolis, IN 46220
$105,000
23,522
$665,000
4
3,619
24,829
3,197
24,829
$447,000
5
3,555
23,958
$494,000
4
5,198
24,829
$275,000
1
2,178
57,499

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.

Listing Courtesy of Keller Williams Indpls Metro N

Based on information submitted to the MLS GRID as of 01/03/2022 12:21 PM. 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.