5228 Waterton Lakes Drive Indianapolis, IN $ 280,000
5228 Waterton Lakes Drive
$ 280,000
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5228 Waterton Lakes Drive

Indianapolis, IN, 46237
$ 280,000
Bedrooms4 Baths2.1 Sq 1,596

Monthly Estimate*

$ 1,934

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Single Family Home for sale in Indianapolis, IN

for $280,000 with 4 bedrooms and 2 full baths, 1 half bath. This 1,596 square foot home was built in 1999 on a lot size of 0.17.

Welcome home to this beautifully updated 4-bedroom home located in Franklin Township School District in Indianapolis, Indiana, offering the perfect combination of space, modern updates, and move-in-ready convenience - all at $280,000. Step inside to a bright, welcoming interior featuring all-new flooring, fresh paint, and updated fixtures throughout. The spacious floor plan provides plenty of room for everyday living, entertaining, a home office, or additional flex space. With four bedrooms, this home offers the versatility today's buyers are looking for. Outside, you'll love the fully fenced backyard, providing plenty of room for pets, play, gardening, or outdoor entertaining. Enjoy evenings on the back patio, host summer cookouts, or simply relax in your own private outdoor space. Located in the desirable Franklin Township area of Indianapolis, this turnkey home offers convenient access to shopping, dining, schools, parks, and major commuter routes.

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Single Family Active

Price

$ 280,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 2,048

Style

Traditional

Lot Size

0.17

Year Built

1999

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22129589

Features
Interior
Interior Amenities Walk-In Closet(s) Eat-in Kitchen Entrance Foyer Pantry
Total Fireplaces 0
Basement (Y/N) N
Half Baths 1
Laundry Features Main Level
Total Bedrooms 4
Main Level Bedrooms 0
Total Baths 3
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General
Heating Forced Air Electric
Cooling Central Air
Utilities Cable Available
Possession Closing
Appliances Dishwasher Dryer Electric Water Heater Disposal MicroHood Electric Oven Washer
HOA Fee 178
Garage Spaces 2
Patio/Porch Features Porch
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1999
Township Franklin
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Assoc Fee Paid Per Semi-Annually
County Marion
New Construction N
Property Type Residential
HOA Y
Subdivision Name Thompson Park
Garage Y/N Y
Total Rooms 7
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Franklin Township Com Sch Corp
MLS Area 4906 - Marion - Franklin
Lot Size Square Feet 7406
Property Attached Y/N N
Current Financing Conventional FHA VA
Virtual Tour https://eyesky-video-photo-film-llc.aryeo.com/sites/rjpovbpx/unbranded https://eyesky-video-photo-film-llc.aryeo.com/sites/5228-waterton-lakes-dr-indianapolis-in-46237-29640842/branded
Standard Status Active
Tax Lot 49-15-02-106-069.000-300
Legal Description Thompson Park Sec 2 L78
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Exterior
Fencing Full
Parking Features Attached
Water Source Public
Foundation Details Slab
Building Area Total 1596
Lot Size Acres 0.17
Other Equipment Security System Owned Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
Ever Real Estate, Llc

Broker

katrina.matheis@gmail.com

Email

Affordability Calculator

$2,105
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,934
Monthly Property Taxes
$171
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
4045201 Elementary School
4045199 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/3/2026$280,000 Listed Price

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5228 Waterton Lakes Drive, Indianapolis, IN, 46237 is a Single Family Home for sale at $280,000 with 1,596 sqft and a lot size of 0.17. 5228 Waterton Lakes Drive has 4 bedrooms, 2.1 baths, and was built in 1999. The property's zip code is 46237 which is in Indianapolis, IN