3558 Clearwater Circle Indianapolis, IN $ 650,000
3558 Clearwater Circle
$ 650,000
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3558 Clearwater Circle

Indianapolis, IN, 46240
$ 650,000
Bedrooms4 Baths3.0 Sq 3,363

Monthly Estimate*

$ 4,489

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Single Family Home for sale in Indianapolis, IN

for $650,000 with 4 bedrooms and 3 full baths. This 3,363 square foot home was built in 1988 on a lot size of 0.05.

Experience exceptional waterfront living from one of Clearwater Cove's premier locations, situated directly on the main body of Lake Clearwater. Enjoy your own private deeded boat dock on this 135-acre spring-fed lake known for its remarkably clear water-ideal for boating, fishing & swimming. A private community beach is just steps away, adding to the resort-style lifestyle. Offering approximately 2,500 square feet, this spacious 4-bedroom, 3-full-bath residence delivers the scale & comfort of a single-family home with the convenience of low-maintenance living & an HOA-maintained exterior. Soaring ceilings enhance the great room, where expansive windows showcase tranquil lake views & a fireplace adds warmth & character. Beautiful water views continue from the screened porch, primary bedroom, walkout lower level & lower-level bedroom. Two fireplaces & a private 2-car garage add to the appeal. A rare opportunity for investors or buyers ready to create their own waterfront retreat! The interior is ready for updating, presenting tremendous potential in a location that is difficult to replicate. The home previously appraised for $825,000 in 2023 & features an HVAC system only a couple of years old. Property is being sold as-is. Clearwater Cove residents also enjoy a scenic approximately 3-mile walking path around Lake Clearwater & neighboring Nantucket Lake, along with an active calendar of neighborhood social events. This tranquil lakeside setting is just minutes from The Fashion Mall at Keystone Crossing, upscale shopping, premier dining & entertainment. Bring your vision, bring your boat & imagine the possibilities!

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Single Family Pending

Price

$ 650,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 7,234

Style

Traditional

Lot Size

0.05

Year Built

1988

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22120251

Features
Interior
Interior Amenities Bath Sinks Double Main Vaulted Ceiling(s) Entrance Foyer Paddle Fan Eat-in Kitchen Pantry Walk-In Closet(s)
Basement Partially Finished Storage Space Walk-Out Access
Total Fireplaces 2
Fireplace Features Gas Starter Great Room
Basement (Y/N) Y
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 1067
Main Level Bedrooms 3
Total Baths 3
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General
Heating Forced Air
Cooling Central Air
Possession Closing
Appliances Dishwasher Refrigerator Washer Water Heater
HOA Fee 495
Garage Spaces 2
Association Fee Includes Association Home Owners Insurance Irrigation Lawncare Maintenance Structure Nature Area Management Snow Removal Trash Walking Trails
Patio/Porch Features Covered Deck Screened
Architectural Style Traditional
Construction Materials Brick Cement Siding
Year Built 1988
View Lake
Township Washington
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Boat Slip Dock Lake Privileges Lake Front Water Access Water View Waterfront
Assoc Fee Paid Per Monthly
County Marion
New Construction N
Property Type Residential
Association Amenities Beach Access Beach Rights Boating Insurance Jogging Path Landscaping Maintenance Maintenance Grounds Maintenance Structure Management Snow Removal Trail(s) Trash
HOA Y
Subdivision Name Clearwater Cove
Garage Y/N Y
Total Rooms 11
Full Baths 3
Status Pending
Directions GPS Friendly
City Indianapolis
High School District MSD Washington Township
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 2252
Property Attached Y/N Y
Current Financing Conventional FHA VA
Standard Status Pending
Tax Lot 61
Legal Description Clearwater Cove Sec 3 Blk Q L61approx 2 252 Sq Ft
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Exterior
Exterior Amenities Balcony Sprinkler System
Parking Features Attached
Water Source Public
Foundation Details Full
Spa N
Building Area Total 3363
Lot Size Acres 0.05
Waterfront Y/N Y
Horse Amenities None
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* Excluded Features
List By
Berkshire Hathaway Home

Broker

kburns@bhhsin.com

Email

Affordability Calculator

$5,092
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$603
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
4045179 Elementary School
4045182 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/21/2026$650,000 -3.70% Price Down
9/16/2026$675,000 -3.57% Price Down
8/29/2026$700,000 -6.67% Price Down
8/20/2026$750,000 Listed Price

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3558 Clearwater Circle, Indianapolis, IN, 46240 is a Single Family Home for sale at $650,000 with 3,363 sqft and a lot size of 0.05. 3558 Clearwater Circle has 4 bedrooms, 3.0 baths, and was built in 1988. The property's zip code is 46240 which is in Indianapolis, IN