Sheldon Barnes
For Sale — 5305 Fall Creek Road, Indianapolis, IN 462205305 Fall Creek Road
Indianapolis, Indiana 46220
Lake Kesslerwood
4
Beds
4
Baths
3,866
Sq Ft
2006
Year Built
0.45
Acres
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ABOUT THIS HOME
Looking for newer construction, a spacious floor plan with over 3,800 square feet PLUS over another 1,700+ square feet of a daylight lower level, with a convenient location inside I465?! The wonderful entry walks into the two-story Great Room, with wonderful moldings and a wall of windows overlooking Lake Kesslerwood. The property does not have lake frontage, but lake access. Enjoy stunning lake front views from the 45 ft wide deck, with a hot tub, off your kitchen & main level Primary Suite! The open floor plan also has a large kitchen with a gas stove top, stainless steel appliances, wine cooler, separate bar sink, and walk-in pantry. The 17x12 Office is accented by a fireplace and built-in bookshelves and is adjacent to the Master Suite. There is a private second bedroom on the main level, as well as two additional bedrooms upstairs. All Bedrooms have their own private Full Baths. You will love the additional living space upstairs with the spacious loft and a 20 x 16 Home Theater Room. A daylight Lower Level also offers more potential living space, bedroom(s) & bath. The daylight lower level is open and ready to finish and is plumbed for an additional bathroom. Do not miss this hard-to-find 2006 built home with easy access to downtown, the Fashion Mall and I465!
Key things to know
- Lake views from 45-ft deck with hot tub
- Four bedrooms each with full private bath
- Daylight lower level ready to finish
- Open floor plan with two-story great room
- Home theater room and loft upstairs
Monthly payment
Estimate · $799,900
$4,703/mo
≈ $4,257 principal & interest · $408 tax · $38 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $159,980 on a loan of $639,920.
Price history
- Price reduced$835,000 → $799,900
Apr 29, 2026
- Listedat $865,000
Mar 19, 2026
Lake Kesslerwood · activity
past 6 months
- Sold
- 3
- Median price
- $1,260,000
- Median DOM
- 5 days
Recent comparable sales
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$535,000
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5750 Rolling Pines Court
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6325 Welham Road
5bd · 4ba · 4,108 sqft
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Comparative value
5 comps in this range
This home is 50% 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$865,000Listed· Mar 19, 2026
$799,900Reduced
↓ $65,100 (7.5% off original)
55 days on market
Layout
Primary suite
Closet Walk in,Deck
Primary bath
Sinks Double,Tub Full with Separate Shower
Schools
MSD Lawrence Township
Neighborhood
- IU Health North Hospital6.8 mi
- Monon Trail (Carmel)6.9 mi
- Carmel High School7.6 mi
- Downtown Indianapolis7.8 mi
- Fishers High School8.0 mi
- Carmel Arts & Design District8.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,866 sq ft
Year Built
2006
Stories
Two
Subdivision
Lake Kesslerwood
Bedrooms
4
Bathrooms
4 full
Garage
3 spaces
School District
MSD Lawrence Township