Sheldon Barnes
For Sale — 1727 Dogwood Lake Way, Indianapolis, IN 462391727 Dogwood Lake Way
Indianapolis, Indiana 46239
Lakes at Grassy Creek
$325,000
Schedule a Showing6
Beds
4
Baths
3,565
Sq Ft
2020
Year Built
0.21
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 1727 Dogwood Lake Way in Lakes At Grassy Creek, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Unbeatable Value & Scale in The Lakes at Grassy Creek! This massive 6-bedroom, 4-full bathroom home offers a rare opportunity to build significant equity in a 2020-built property. Spanning over 3,500 sq. ft., the floor plan is designed for maximum capacity and functionality. While the home needs cosmetic restoration and TLC, the "bones" of a modern 2020 build provide a head start you won't find in older fixers. Featuring a primary suite plus five additional bedrooms and four full baths, including full bathroom and bedroom on the main floor! This is a prime candidate for a high-end rental or a high-margin flip. Sold as-is-bring your vision and capitalize on this incredible price per square foot!
Key things to know
- 6 bedrooms, 4 full bathrooms
- 3,565 sq ft, 2020-built with modern systems
- Primary suite plus bedroom and full bath on main floor
- Cathedral ceilings, kitchen island, walk-in closets
- Sold as-is at below-market price point
Monthly payment
Estimate · $325,000
$2,081/mo
≈ $1,730 principal & interest · $351 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $65,000 on a loan of $260,000.
Price history
- Listedat $325,000
Apr 30, 2026
Lakes At Grassy Creek · activity
past 6 months
- Sold
- 2
- Median price
- $430,000
- Median DOM
- 125 days
Recent comparable sales
$395,000
4444 Goose Rock Drive
5bd · 4ba · 3,108 sqft
Sold May 2026
$346,000
7633 Ballybay Drive
5bd · 3ba · 3,656 sqft
Sold May 2026
$523,000
10626 Banyan Wood Court
5bd · 4ba · 3,247 sqft
Sold May 2026
$285,000
8114 Fisher Bend Drive
5bd · 3ba · 2,532 sqft
Sold May 2026
$299,900
2248 Salem Park Drive
5bd · 4ba · 2,564 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 6.1% below 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$325,000Listed· Apr 30, 2026
3 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Suite,Tub Full with Separate Shower,Tub Garden
Schools
MSD Warren Township
Neighborhood
- Downtown Indianapolis10.0 mi
- Fishers High School15.2 mi
- Conner Prairie15.4 mi
- IU Health North Hospital15.7 mi
- Monon Trail (Carmel)16.5 mi
- Hamilton Southeastern HS16.6 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,565 sq ft
Year Built
2020
Stories
Two
Subdivision
Lakes at Grassy Creek
Bedrooms
6
Bathrooms
4 full
Garage
2 spaces
School District
MSD Warren Township