5038 Allisonville Road # B Indianapolis, IN ^$ 159,900

5038 Allisonville Road # B

^$ 159,900

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5038 Allisonville Road # B

Indianapolis, IN, 46205

^$ 159,900

Bedrooms3 Baths2.0 Sq 1,900

Monthly Estimate*

^$ 1,104

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 1

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 2

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 3

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 4

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 5

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 6

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 7

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 8

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 9

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 10

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 11

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 12

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 13

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 14

5038 Allisonville Road # B, Indianapolis, IN 46205 - Image 15

Condo for sale in Indianapolis, IN

for $159,900 with 3 bedrooms and 2 full baths. This 1,900 square foot condo was built in 1965 on a lot size of 0.1.

Welcome to Heron Lake. Check this beautiful low maintenance unit, where the living room provides a welcoming atmosphere, thoughtfully designed with built-in shelves that offer both aesthetic appeal and practical storage solutions. With three bedrooms and two full bathrooms, this condominium provides comfortable and functional spaces for daily living. Experience the ease and elegance of this exceptional property; your next chapter begins here.

Condo Active

Price

^$ 159,900

Bedrooms

Full Bath

Property Type

Condo

Taxes

^$ 1,428

Style

Lot Size

0.1

Year Built

1965

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22125272

Features

Interior

Interior Amenities Built-in Features

Common Walls 2+ Common Walls

Basement (Y/N) N

Half Baths 0

Total Bedrooms 3

Main Level Bedrooms 3

Total Baths 2

General

Heating Electric

Cooling Central Air

Possession Closing

Appliances Electric Cooktop Refrigerator

HOA Fee 464

Garage Spaces 1

Architectural Style Other

Construction Materials Brick

Year Built 1965

Township Washington

Levels One

Unit Number B

Property Subtype Condominium

Tax Year 2025

Assoc Fee Paid Per Monthly

County Marion

New Construction N

Property Type Residential

HOA Y

Subdivision Name Heron Lake

Garage Y/N Y

Total Rooms 7

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 4321

Property Attached Y/N Y

Standard Status Active

Tax Lot 49-07-08-104-051.000-800

Legal Description Heron Lake Horizontal Property Regime5038 B Allisonville Rd Unit B ( Bldg 3) & .8342%Int In Common Areas

Exterior

Parking Features Common Detached

Water Source Public

Foundation Details Other

Building Area Total 1900

Lot Size Acres 0.1

Horse Amenities None

* Excluded Features

List By

Amr Real Estate Llc

Broker

braulio.moreno@amr.group

Affordability Calculator

$1,223

Per Month

Monthly Principal & Interest: $1,104
Monthly Property Taxes: $119
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly 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

Trends
Schools

Condo listings in Indianapolis, IN

Average List Price ^$268,905

Percent of Sale Price 68%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4045179 Elementary School

4045182 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/10/2026	$149,900		Listed Price

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5038 Allisonville Road # B, Indianapolis, IN, 46205 is a Condo for sale at $159,900 with 1,900 sqft and a lot size of 0.1. 5038 Allisonville Road # B has 3 bedrooms, 2.0 baths, and was built in 1965. The property's zip code is 46205 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/17/2026.

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5038 Allisonville Road # B

Condo for sale in Indianapolis, IN

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