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$582,0005240 Boardwalk Place
For Sale3 days on market

5240 Boardwalk Place

Indianapolis, Indiana 46220

Boardwalk on Lake Kesslerwood

2

Beds

3

Baths

1,966

Sq Ft

1986

Year Built

0.05

Acres

Sheldon Barnes, Carmel Realtor

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ABOUT THIS HOME

Rare Find on Lake Kesslerwood - Boardwalk Place. Rarely are these Condos on the Market. Living here feels like a vacation getaway year round. Enjoy boardwalk strolls along the clear tranquil lake - boating, kayaking, swimming. Plus all-to-yourself, quiet fishing in the yearly stocked lake. Hidden Gem - gorgeous Great Room, Sunroom and Loft Views. Sunroom adjoins the primary bedroom for its own spectacular views of the lake, completing the tranquil feel of your lake retreat Updated irrigation system, new roof, brand new dock. One of the largest condos in the entire Boardwalk subdivision The brand new, unobstructed dock, provides the perfect haven to capture every amazing wildlife sighting the lake offers. Two story with outstanding Loft overlooking the Great Room with additional perfect views of the lake. Two full baths adjoining both bedrooms, with additional half bath on main level. Classic Den / Library which could be a third bedroom if desired. Spacious two car garage with additional parking directly in front of condo, and ample attic storage. Lovingly maintained and move-in ready. Beautiful upgrades with room for your inspiration. Come visit this Lake Kesslerwood sanctuary soon.

Listed by Nikki Popcheff· The Coffey Group· MLS# 22092102

Key things to know

  • Lakefront with private new dock
  • Sunroom off primary bedroom with lake views
  • Two-story with loft overlooking great room
  • Three full baths for two bedrooms
  • Newly updated roof and irrigation system

Browse by room

10 rooms · 17 photos

Monthly payment

Estimate · $582,000

$4,039/mo

$3,098 principal & interest · $377 tax · $565 HOA

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $116,400 on a loan of $465,600.

Price history

  1. Listedat $582,000

    Apr 1, 2026

Comparative value

5 comps in this range

This home is 94% above median for similar nearby sales.

$219K$620KMedian $300K
$582K

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

Attic AccessAttic Pull Down StairsBath Sinks Double MainCathedral Ceiling(s)Hardwood FloorsHi-Speed Internet AvailblWalk-In Closet(s)

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $582,000Listed· Apr 1, 2026

3 days on market

Layout

Main
11.17 rooms1,542 sq ft
Upper
112 rooms424 sq ft

Primary suite

Closet Walk in,See Remarks

Primary bath

Shower Stall Full,Sinks Double,Tub Full

Schools

Indianapolis Public Schools

    Neighborhood

    • IU Health North Hospital7.1 mi
    • Monon Trail (Carmel)7.2 mi
    • Downtown Indianapolis7.5 mi
    • Carmel High School7.8 mi
    • Fishers High School8.3 mi
    • Carmel Arts & Design District8.4 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    1,966 sq ft

    Year Built

    1986

    Stories

    Two

    Subdivision

    Boardwalk on Lake Kesslerwood

    Bedrooms

    2

    Bathrooms

    2 full, 1 half

    Garage

    2 spaces

    School District

    Indianapolis Public Schools

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