2305 Colfax Lane
Indianapolis, IN, 46260 $ 240,000
Bedrooms3 Baths2.1 Sq 1,423 Monthly Estimate*
$ 1,658
for $240,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,423 square foot condo was built in 2004 on a lot size of 0.1.
This well-maintained, low-maintenance 3-bedroom, 2.5-bath condo with an attached 2-car garage is located in the gated and highly desirable Towne Park community and is truly move-in ready, situated within the Washington Township School District. Enjoy a lifestyle of convenience with access to fantastic amenities, including a clubhouse, pool, and fitness center, all within a community where exterior maintenance, grounds care, trash service, and snow removal are handled for you. The home features numerous updates that provide both peace of mind and modern appeal, including updated light fixtures throughout. Major mechanical upgrades include a new water heater (2025) and a new furnace and A/C system (2025), along with professionally cleaned ductwork. The beautifully updated kitchen offers quartz countertops, a brand-new backsplash, painted cabinetry with updated hardware, a new dishwasher, a farmhouse sink, a new faucet, and a spacious pantry for added storage. The bathrooms have also been tastefully updated, enhancing the home's overall style and functionality. With its blend of modern upgrades, low-maintenance living, and prime location, this condo is an exceptional opportunity you won't want to miss! An assumable mortgage is available at a 5.75% interest rate, offering a fantastic opportunity for a qualified buyer to take advantage of a low rate. Reach out for more details!
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FeaturesInteriorInterior Amenities Attic Access Pantry Walk-In Closet(s)
Total Fireplaces 1
Fireplace Features Gas Starter
Common Walls 2+ Common Walls
Basement (Y/N) N
Half Baths 1
Laundry Features In Unit
Total Bedrooms 3
Main Level Bedrooms 0
Total Baths 3
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GeneralHeating Forced Air Natural Gas
Cooling Central Air
Possession Closing
Appliances Dishwasher Dryer Microwave Electric Oven Refrigerator Washer Water Heater
HOA Fee 310
Garage Spaces 2
Association Fee Includes Clubhouse Sewer Lawncare Maintenance Structure Maintenance Management Snow Removal Trash
Patio/Porch Features Patio
Architectural Style Other
Construction Materials Brick Vinyl Siding
Year Built 2004
Township Washington
Levels Two
Property Subtype Condominium
Tax Year 2025
Assoc Fee Paid Per Monthly
County Marion
New Construction N
Property Type Residential
Association Amenities Clubhouse Fitness Center Gated Maintenance Maintenance Grounds Management Pool Snow Removal Trash Water
HOA Y
Subdivision Name Towne Park
Garage Y/N Y
Total Rooms 6
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District MSD Washington Township
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 4495
Property Attached Y/N Y
Current Financing Conventional FHA VA
Standard Status Active
Tax Lot 0
Legal Description Towne Park Horizontal Property Regimephase Vii Bldg 7 Unit 2305& .568% Int In Common Area
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ExteriorParking Features Attached
Water Source Private
Foundation Details Poured Concrete Slab
Building Area Total 1423
Lot Size Acres 0.1
Other Equipment None
Horse Amenities None
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* Excluded FeaturesList ByTrueblood Real EstateBroker
goconnor@truebloodre.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,658
- Monthly Property Taxes
- $215
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Indianapolis, IN
Average List Price $268,905
Percent of Sale Price 12%
About Indianapolis, IN 843,184 Population
8% Since 2002
$ 43,160 Median Income
35.24 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4045179 Elementary School
4045182 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/9/2026 | $240,000 | -2.04% | Price Down |
| 4/29/2026 | $245,000 | | Listed Price |