Skip to content

4775 Stansbury Lane

Indianapolis, IN 46254

ActiveListed Mar 4, 2026 · 230 days on market

Key facts

Beds
2
Baths
1 full · 1 half
Living area
1,365 sqft
Lot
0.11 acres
Year built
1983
Type
Residential · Condominium
Stories
Multi/split
Garage
2 spaces
MLS #
22086751
County
Marion
Subdivision
Cobblestone

About this home

Location, location, location! This condo is located one block from Eagle Creek Reservoir, with Eagle Creek Park just around the corner! Enjoy kayaking, hiking, walking or biking the beautiful neighborhood or visit the park nearby. Located within a mile is the popular Rick's Boatyard restaurant. The home features high ceilings, loft and nice sized bedrooms. Convenient powder room on the first level. Fresh paint, new carpet and flooring make this place move-in ready. Lots of natural light coming from an abundance of windows and the living room skylight. New hot water heater in 2025, new dishwasher 2026. All appliances stay. Two car garage, front porch and back patio. Community pool renovated in 2023. Active neighborhood, with dog walkers, bikers, and trail blazers. Lush landscaping and mature trees throughout the neighborhood. HOA dues cover pool maintenance, mowing, snow removal, snow shoveling and upkeep of the building exteriors and infrastructure. Come and see! This taste of Eden awaits you! *Due to the recent price reduction, this property is being sold "as is".

Description provided by the listing brokerage.

Interior

Appliances
Electric CooktopDishwasherDryerDisposalGas Water HeaterMicrowaveElectric OvenRefrigeratorWasherWater Heater
Interior features
Attic AccessVaulted Ceiling(s)Entrance FoyerPaddle FanPantrySmart ThermostatWalk-In Closet(s)
Other rooms and areas
Great Room - 2 StoryLaundry in Unit
Fireplaces
1
Fireplace type
Gas LogMasonryLiving Room
Laundry
In Unit
Windows
ScreensSkylight(s)Bay Window(s)Low-Emissivity Windows
Rooms
6

Exterior

Construction
Cedar
Foundation
Slab
Style
Split Level
Parking and garage
Attached

Systems

Heating
Natural Gas
Cooling
Central Air
Water
Public

Lot and HOA

HOA fee
$410 / monthly
Community
LakePool
HOA fee includes
Entrance CommonLaundry Connection In UnitMaintenance GroundsMaintenance StructureMaintenanceManagementSnow RemovalTrash
HOA amenities
LandscapingMaintenance GroundsManagementPoolSnow RemovalTrash

Schools

High school
Pike High School
School district
MSD Pike Township

Taxes

Estimated annual tax
$2,230 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,634per month, estimated
Principal and interest $970Property tax $186Insurance $67HOA $410
20% · $38,500
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$192,500
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.