5491 E Shae Lake Drive Mooresville, IN $ 358,000
5491 E Shae Lake Drive
$ 358,000
Recently Listed New Construction
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5491 E Shae Lake Drive

Mooresville, IN, 46158
$ 358,000
Bedrooms2 Baths2.0 Sq 1,572

Monthly Estimate*

$ 2,473

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Single Family Home for sale in Mooresville, IN

for $358,000 with 2 bedrooms and 2 full baths. This 1,572 square foot home was built in 2023 on a lot size of 0.15.

Welcome to Lakeside Commons! Discover the perfect blend of quality craftsmanship, modern style, and comfortable living in this custom-built, all-brick ranch home nestled in the established neighborhood of Lakeside Commons. Conveniently located near shopping, Indianapolis International Airport, doctors' offices, hospitals, and more, this home offers both everyday convenience and a peaceful place to call home. Step inside and experience the inviting open floor plan, thoughtfully designed for effortless living and entertaining. The beautifully appointed kitchen features quality cabinetry, hard-surface countertops, luxury vinyl flooring, and stylish finishes throughout. Every detail has been carefully selected to create a home that is both functional and inviting. Enjoy quiet mornings or relaxing evenings on the covered porch, the perfect spot to unwind and take in the tranquility of your surroundings. Best of all, this stunning new home is move-in ready! Skip the wait for new construction and start enjoying all it has to offer right away. Don't miss this opportunity to own a beautifully crafted home in a desirable neighborhood. Schedule your private showing today and discover all that Lakeside Commons has to offer!

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Single Family Active

Price

$ 358,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 3,044

Style

Ranch,Traditional

Lot Size

0.15

Year Built

2023

Town/City

Mooresville

County/Region

Morgan

MLS | Web ID

22133807

Features
Interior
Interior Amenities Attic Access High Ceilings Handicap Accessible Interior Walk-In Closet(s)
Basement (Y/N) N
Half Baths 0
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
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General
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Cable Available Natural Gas Connected
Possession Closing
Appliances Dishwasher Disposal Other
HOA Fee 200
Garage Spaces 2
Association Fee Includes Clubhouse Sewer Entrance Common Exercise Room Insurance Lawncare Snow Removal Trash Walking Trails
Patio/Porch Features Covered
Architectural Style Ranch Traditional
Construction Materials Brick
Year Built 2023
Township Madison
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Accessibility Hallway - 36 Inch Wide Accessible Doors
Assoc Fee Paid Per Monthly
County Morgan
New Construction N
Property Type Residential
Association Amenities Clubhouse Fitness Center Insurance Landscaping Pond Year Round Snow Removal Trail(s) Trash
HOA Y
Subdivision Name Lakeside Commons
Garage Y/N Y
Total Rooms 6
Full Baths 2
Status Active
Directions GPS Friendly
High School Mooresville High School
City Mooresville
High School District Mooresville Con School Corp
MLS Area 5504 - Morgan - Madison
Lot Size Square Feet 6490
Property Attached Y/N N
Current Financing Conventional
Middle/Junior High School Paul Hadley Middle School
Property Condition New Construction
Builder Name Shae Company
Standard Status Active
Tax Lot 49
Legal Description Lot 49 Lakeside Commons Pud Sec 4
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Exterior
Exterior Amenities Carriage/Guest House Sprinkler System
Parking Features Attached
Lot Features Close to Clubhouse Sidewalks Storm Sewer Street Lights
Water Source Public
Foundation Details Block
Building Area Total 1572
Lot Size Acres 0.15
Other Equipment Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
Carpenter, Realtors®

Broker

dcox@callcarpenter.com

Email

Affordability Calculator

$2,726
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,473
Monthly Property Taxes
$254
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
4045214 Elementary School
4051288 Middle School
Mooresville High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2026$358,000 Listed Price

Map


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5491 E Shae Lake Drive, Mooresville, IN, 46158 is a Single Family Home for sale at $358,000 with 1,572 sqft and a lot size of 0.15. 5491 E Shae Lake Drive has 2 bedrooms, 2.0 baths, and was built in 2023. The property's zip code is 46158 which is in Mooresville, IN