7946 Mill Stream Circle Indianapolis, IN $ 1,590,000
7946 Mill Stream Circle
$ 1,590,000
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7946 Mill Stream Circle

Indianapolis, IN, 46278
$ 1,590,000
Bedrooms5 Baths5.1 Sq 10,264

Monthly Estimate*

$ 10,982

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Single Family Home for sale in Indianapolis, IN

for $1,590,000 with 5 bedrooms and 5 full baths, 1 half bath. This 10,264 square foot home was built in 1997 on a lot size of 3.18.

Lifestyle and opportunity awaits with this custom Leonard Watson Estate, set on 3.18 private, wooded acres along a meandering creek just north of Eagle Creek Park, a setting that feels worlds away while remaining close to everything. Engineered to last generations, the home rises from a framework of 22 steel beams anchored in bedrock, finished by top area artisans with an eye toward quality at every turn. Inside, solid mahogany wood molding, imported European light fixtures, and limestone fireplaces create an atmosphere that is warm, refined, and entirely its own. The gourmet kitchen has been thoughtfully refreshed, featuring a Viking Pro range, granite countertops, a new dishwasher, and freshly painted cabinetry that brings a clean, renewed elegance to the heart of the home. The master bedroom suite offers a private balcony among the treetops alongside a hidden passage to the library, with beautifully repainted closets that echo the same careful attention to detail found throughout. Outside, stone patios, a saltwater swimming pool recently upgraded with a new high-efficiency filtration system, a koi pond, and manicured gardens make the most of the natural surroundings. Generous green space invites the possibility of a putting green or any outdoor vision you may hold. The walkout lower level has been beautifully reimagined with fresh paint, new crown molding, and new flooring, polished, refined, and ready to receive whatever vision you bring to it. Imagine mornings on the treetop balcony with coffee in hand, evenings by the fire as the creek murmurs beyond the glass, weekends spent in the garden or poolside beneath a canopy of mature trees. This is the kind of home that doesn't just shelter life, it shapes it. A place where every detail was chosen with intention, and every day feels like it belongs to you entirely.

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Single Family Active

Price

$ 1,590,000

Bedrooms

5

Full Bath

5

Half Bath

1

Property Type

Single Family

Taxes

$ 14,342

Style

Traditional

Lot Size

3.18

Year Built

1997

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22096480

Features
Interior
Interior Amenities Breakfast Bar High Ceilings Tray Ceiling(s) Kitchen Island Dumbwaiter Entrance Foyer Hi-Speed Internet Availbl In-Law Floorplan Eat-in Kitchen Pantry Wired for Sound Walk-In Closet(s) WoodWorkStain/P
Basement Ceiling - 9+ feet Daylight Exterior Entry Finished Ceiling Finished Walls Full Interior Entry Storage Space Walk-Out Access
Total Fireplaces 5
Fireplace Features Basement Library Kitchen Living Room Primary Bedroom
Basement (Y/N) Y
Half Baths 1
Laundry Features Main Level
Total Bedrooms 5
Below Grade Finished Area 3301
Main Level Bedrooms 0
Total Baths 6
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General
Heating Zoned Forced Air Natural Gas
Cooling Central Air
Utilities Cable Available Natural Gas Connected Septic System
Possession Closing
Appliances Dishwasher Dryer Disposal Gas Water Heater Exhaust Fan Microwave Gas Oven Refrigerator Washer Water Softener Owned
HOA Fee 3600
Garage Spaces 4
Association Fee Includes Entrance Common Insurance Nature Area Snow Removal
Patio/Porch Features Deck Patio
Architectural Style Traditional
Pool Features Heated In Ground Outdoor Pool Waterfall
Construction Materials Brick Stone
Year Built 1997
View Neighborhood Pond Pool Trees/Woods
Township Pike
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Creek
Additional Parcels Description L12 L13
Assoc Fee Paid Per Annually
County Marion
New Construction N
Property Type Residential
Association Amenities Insurance Snow Removal
HOA Y
Subdivision Name Mill Pond
Garage Y/N Y
Total Rooms 17
Full Baths 5
Status Active
Directions GPS Friendly
High School Pike High School
City Indianapolis
High School District MSD Pike Township
MLS Area 4902 - Marion - Pike
Lot Size Square Feet 138520
Property Attached Y/N N
Additional Parcels Y/N Y
Virtual Tour https://my.matterport.com/show/?m=zNHDXN1pqJQ&brand=0
Standard Status Active
Tax Lot L11 L12 L13
Legal Description Mill Pond L11 L12 & L13
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Exterior
Exterior Amenities Balcony Sprinkler System Water Feature Fountain
Parking Features Attached
Lot Features Cul-De-Sac Mature Trees Wooded
Water Source Well Private
Foundation Details Concrete Perimeter
Building Area Total 10264
Lot Size Acres 3.18
Waterfront Y/N Y
Horse Amenities None
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* Excluded Features
List By
Indy's Performance Team Realty

Broker

dmagley@iptrealty.com

Email

Affordability Calculator

$12,177
Per Month
90%
10%
0%
Monthly Principal & Interest
$10,982
Monthly Property Taxes
$1,195
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.
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Nearby
4045012 Elementary School
4045009 Middle School
Pike High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$1,590,000 -11.17% Price Down
4/30/2026$1,790,000 Listed Price

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7946 Mill Stream Circle, Indianapolis, IN, 46278 is a Single Family Home for sale at $1,590,000 with 10,264 sqft and a lot size of 3.18. 7946 Mill Stream Circle has 5 bedrooms, 5.1 baths, and was built in 1997. The property's zip code is 46278 which is in Indianapolis, IN