0.4 mi
Distance
2
Beds
2
Baths
1,347
Sq Ft
This condominium offers an inviting home that is ready to move in. The allure of this property is magnified by its water aspect, where the gentle reflections dance and shimmer, creating a serene backdrop to daily life. Imagine the calming effect of this vista, providing a tranquil escape from the hustle and bustle. With a lot area of 3306 square feet, this condominium, constructed in 1965, presents a unique opportunity to own a piece of Indianapolis history. This condominium offers an opportunity to embrace a lifestyle of comfort and convenience. Priced to sell with all hardwood flooring in all rooms. Beautiful lake view from living room and outdoor balcony. Priced to sell!
Listing By: Steve Shobe - Shobe & Boards Co., REALTORS 
- MLS# 22075560
- Date Listed12/02/2025
- Days on Realty 6 Days
- Bedrooms 2
- Bathrooms 2 Full baths
- Lot Size 0.08 acres (3,306 sq. ft)
- Subdivision Heron Lake
- Property Type Condominium
- County Marion
- Year Built 1965
- Water Public
- Square Feet 1,347 sq. ft
- Price Per Sq. Ft $96.51
Interior Features
- Appliances Refrigerator, Dishwasher
- Flooring Hardwood
- Cooling Central Air
- Heating Electric, Forced Air
Exterior / Lot Features
- Exterior Balcony
- Roof -
- Lot Size Acres 0.08
- Lot Size SQFT 3,306.00
- Lot Features Waterfront
Financial Considerations
- HOA Fee $340 Monthly
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
Population & Environment
Source: Sperling's Best Places
24/100
Car-Dependent
Walk Score ®
26/100
Some Transit
Transit Score ®
48/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. A few nearby public transportation options. Minimal bike infrastructure.Transit Summary
2 nearby routes: 2 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 29/100, Bike Score: 46/100.
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Frequently Asked Questions for 5040 Allisonville Road E
Source: Realty.com
5040 Allisonville Road E, Indianapolis, IN 46205 is a 1,347 sq. ft. condo listed for sale with 2 bedrooms and 2 bathrooms. Realty.com has 12 photos of this condominium, listed at $130,000. View sales and tax history of condos, use our mortgage calculator and more on Realty.com
Realty.com has 12 photos of 5040 Allisonville Road E.
Our records indicate that 5040 Allisonville Road E was built in 1965.
The full address for this home is 5040 Allisonville Road E, Indianapolis, IN 46205.
5040 Allisonville Road E has been listed on Realty.com since Tue December 02, 2025
Almost all errands require a car. A few nearby public transportation options. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 29/100, Bike Score: 46/100.
There are 3 schools assigned to this home. Check out the schools near 5040 Allisonville Road E. Clearwater Elementary School (Grades: 1 - 5), Eastwood Middle School (Grades: 6 - 8), North Central High School (Grades: 9 - 12)
Listing provided courtesy of:
Shobe & Boards Co., Realtors
(tel: 317-695-2308)
Listing agent:
Steve Shobe
(tel: 317-695-2308)
(#2287)
This content last refreshed on 2025-12-08 01:49:46. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 5040 Allisonville Road E, Indianapolis, IN 46205 : MLS# 22075560
