Sheldon Barnes
For Sale — 1470 College Parkway, Elwood, IN 460361470 College Parkway
Elwood, Indiana 46036
Willow Run Willow Walk
$489,900
Schedule a Showing4
Beds
3
Baths
2,974
Sq Ft
2006
Year Built
0.16
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 1470 College Parkway
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Elwood, Indiana and the rest of Hamilton County. Book a private tour of 1470 College Parkway in Willow Run Willow Walk, ask any question about this home, or talk through what you should know about buying in Elwood.
ABOUT THIS HOME
Waterfront Estate in Willow Run - Rare Double Lot & 4-Car Garage. Discover the pinnacle of spacious living in this stunning 2,974 sq. ft. residence, perfectly positioned on a rare double lot with serene, views of the community pond. Located in the highly sought-after Willow Run / Willow Walk subdivision, this property offers a combination of scale and utility that is nearly impossible to find elsewhere in Elwood. Expansive Living Space: This 4-bedroom, 2.5-bath home boasts 2974 square feet of meticulously maintained interior space, featuring a modern open-concept layout and upgraded kitchen finishes. In addition to the attached 2-car garage, this property features a secondary 2-car garage, providing a total of 4 covered spaces-perfect for car enthusiasts, or a dedicated workspace. Premium Waterfront Setting: Positioned on two adjoining lots, the backyard provides a secluded retreat with water views, ideal for morning coffee or evening relaxation. Modern Comforts: Built in 2006 and significantly updated since 2011, the residence highlights a range of high-quality custom features. The property presents an elegant exterior featuring brick accents and low-maintenance vinyl siding, while the primary suite is thoughtfully designed for comfort and offers expansive views. Low-Maintenance Lifestyle: Benefit from a stable community environment with an incredibly affordable HOA (approx. $230 annually), covering communal area maintenance and ensuring the neighborhood remains pristine. Whether you are looking for room to grow, space for your collection, or simply a peaceful waterfront retreat, 1470 College Parkway delivers on every front.
Key things to know
- Double lot with pond views
- 4-car garage (2 attached + 2 secondary)
- Primary suite with water views
- Outdoor kitchen and fire pit
- Open-concept kitchen with island
Monthly payment
Estimate · $489,900
$2,880/mo
≈ $2,607 principal & interest · $254 tax · $19 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $97,980 on a loan of $391,920.
Price history
- Listedat $489,900
Apr 28, 2026
Recent comparable sales
Comparative value
5 comps in this range
This home is 100% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$489,900Listed· Apr 28, 2026
12 days on market
Layout
Primary suite
Sitting Room,Closet Walk in
Primary bath
Shower Stall Full,Tub Garden,Suite
Schools
Elwood Community School Corp
Neighborhood
- Hamilton Town Center21.8 mi
- Hamilton Southeastern HS22.4 mi
- Westfield High School23.1 mi
- Conner Prairie24.2 mi
- Fishers High School24.4 mi
- IU Health North Hospital26.1 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,974 sq ft
Year Built
2006
Stories
Two
Subdivision
Willow Run Willow Walk
Bedrooms
4
Bathrooms
2 full, 1 half
Garage
4 spaces
School District
Elwood Community School Corp