Sheldon Barnes
For Sale — 5804 Grassy Bank Drive, Indianapolis, IN 462375804 Grassy Bank Drive
Indianapolis, Indiana 46237
Waters Edge at Cummins Farm
3
Beds
3
Baths
1,829
Sq Ft
2004
Year Built
0.16
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 5804 Grassy Bank Drive in Waters Edge At Cummins Farm, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
This home is ready for immediate enjoyment and new beginnings! A large, fully-fenced backyard is the exterior crown jewel but within its two stories is an open floor plan with a thoughtfully designed layout. Three comfortable bedrooms offer personal retreats with the primary bedroom containing a large walk-in closet. Come and see for yourself how this home embodies a contemporary foundation for comfortable living nestled in Waters Edge At Cummins Farm.
Key things to know
- Fully fenced backyard
- Open floor plan
- Primary suite with walk-in closet
- Two-story layout
- Move-in ready
Monthly payment
Estimate · $239,900
$1,700/mo
≈ $1,277 principal & interest · $403 tax · $21 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $47,980 on a loan of $191,920.
Price history
- Listedat $250,000
Mar 27, 2026
Waters Edge At Cummins Farm · activity
past 6 months
- Sold
- 4
- Median price
- $280,000
- Median DOM
- 59 days
Recent comparable sales
$290,000
7775 Rosa Drive
2bd · 2ba · 1,811 sqft
Sold May 2026
$294,000
4742 Deacon Lane
3bd · 3ba · 2,012 sqft
Sold May 2026
$267,000
6403 Colonnade Court
3bd · 3ba · 1,704 sqft
Sold May 2026
$297,000
5724 Apple Branch Court
3bd · 3ba · 2,348 sqft
Sold May 2026
$285,000
8452 Amarillo Drive
3bd · 3ba · 1,572 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 17% 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
$250,000Listed· Mar 27, 2026
46 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Suite,Tub Full with Shower,Tub Garden
Schools
Franklin Township Com Sch Corp
Middle
Franklin Central Junior High
High
Franklin Central High School
Neighborhood
- Downtown Indianapolis8.3 mi
- IU Health North Hospital19.2 mi
- Monon Trail (Carmel)19.3 mi
- Fishers High School19.6 mi
- Conner Prairie19.8 mi
- Carmel High School20.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,829 sq ft
Year Built
2004
Stories
Two
Subdivision
Waters Edge at Cummins Farm
Bedrooms
3
Bathrooms
2 full, 1 half
Garage
2 spaces
School District
Franklin Township Com Sch Corp