
Sheldon Barnes
For Sale — 5846 E Fall Creek Parkway North Drive, Indianapolis, IN 462265846 E Fall Creek Parkway North Drive
Indianapolis, Indiana 46226
Lake Kesslerwood
4
Beds
5
Baths
4,543
Sq Ft
1994
Year Built
0.48
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 5846 E Fall Creek Parkway North Drive in Lake Kesslerwood, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Experience the lakefront lifestyle you've been dreaming of, with stunning waterfront views. Nestled on a prime lot on Lake Kesslerwood in Indianapolis, this beautifully refreshed home offers more than 4,500 sq ft, 4 bedrooms, 4.5 baths, and the kind of everyday setting that makes coming home feel like a getaway. From the moment you arrive, the winding driveway, generous parking, basketball area, and spacious 3-car garage create an inviting first impression. Inside, the home has been thoughtfully updated with fresh paint, updated lighting in multiple rooms, new carpet in family room, dining room, and main level bedroom, along with addl improvements in the primary bathroom and basement. Designed for both comfortable living and entertaining, the gourmet kitchen features a built-in oven, built-in cooktop, stainless steel appliances and a separate prep sink in the island. It flows beautifully into the spectacular all-season sunroom, where lake views create a peaceful retreat in every season. The den/study offers rich hardwood floors & wood paneled walls, stunning built-in cabinetry, making it the perfect space for working from home. Lots of wood detail around the home including crown molding and gorgeous bookshelves flanking the family room fireplace. Upstairs, the bonus room provides flexible space for recreation, addl bedroom/ workspace, with the added convenience of a private staircase from garage. Fully finished basement with bar area, full bath, sauna, living room and rec room. Outside is where this home truly shines. Spend cool spring evenings on the back deck overlooking the spacious backyard and water beyond, then stroll down to your private dock and lakeside seating area to enjoy morning coffee or the sunset views. This is more than a home. It is a lifestyle. Move-in ready and full of charm, this waterfront gem is one you won't want to miss.
Key things to know
- Private dock and lakeside seating on lake kesslerwood
- All-season sunroom with water views
- Finished basement with sauna and full bath
- Gourmet kitchen with island, built-in appliances, prep sink
- Bonus room with private garage staircase
Monthly payment
Estimate · $975,000
$5,854/mo
≈ $5,189 principal & interest · $633 tax · $33 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $195,000 on a loan of $780,000.
Price history
- Price reduced$989,900 → $975,000
Apr 29, 2026
- Listedat $1,100,000
Apr 4, 2026
Lake Kesslerwood · activity
past 6 months
- Sold
- 3
- Median price
- $1,260,000
- Median DOM
- 5 days
Recent comparable sales

$304,000
5309 Thornleigh Drive
3bd · 2ba · 3,376 sqft
Sold May 2026

$355,000
5319 Brendonridge Road
5bd · 4ba · 3,468 sqft
Sold Apr 2026

$1,260,000
5854 E Fall Creek Parkway North Drive
5bd · 5ba · 5,859 sqft
Sold Apr 2026

$875,000
6470 Around The Hills Road
4bd · 5ba · 4,771 sqft
Sold Mar 2026

$475,000
5325 Far Hill Road
4bd · 3ba · 3,928 sqft
Sold Dec 2025
Comparative value
5 comps in this range
This home is 105% 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
$1,100,000Listed· Apr 4, 2026
$975,000Reduced
↓ $125,000 (11.4% off original)
28 days on market
Layout
Primary suite
See Remarks
Primary bath
Sinks Double
Schools
MSD Lawrence Township
Elementary
Skiles Test Elementary School
Middle
Belzer Middle School
High
Lawrence Central High School
Neighborhood
- IU Health North Hospital6.8 mi
- Monon Trail (Carmel)7.0 mi
- Carmel High School7.7 mi
- Fishers High School7.8 mi
- Conner Prairie8.0 mi
- Downtown Indianapolis8.1 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
4,543 sq ft
Year Built
1994
Stories
Two
Subdivision
Lake Kesslerwood
Bedrooms
4
Bathrooms
4 full, 1 half
Garage
3 spaces
School District
MSD Lawrence Township
