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10707 Compass Court

Indianapolis, IN 46256

ActiveListed Aug 28, 2026 · 36 days on market

Key facts

Beds
4
Baths
3 full · 1 half
Living area
3,948 sqft
Lot
0.5 acres
Year built
1981
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22092725
County
Marion
Subdivision
Masthead

About this home

LAKEFRONT LIVING AT ITS BEST! This exceptional 4-bedroom, 3.5-bath ranch in desirable Masthead offers stunning water views, a private dock and an incredible setting on a mature, wooded half-acre cul-de-sac lot. With approximately 3,770 sq. ft. of finished living space, this home offers an ideal blend of comfortable living spaces, thoughtful updates and resort-style amenities. The spacious great room features a cathedral ceiling, hardwood floors and fireplace, while the kitchen offers a center island, breakfast bar, pantry and adjoining breakfast room. A sunroom provides the perfect spot to relax and take in the peaceful surroundings, and the main-level primary suite offers a walk-in closet and direct access to a private deck. The primary bath includes a separate shower and whirlpool tub, with the shower recently remodeled. Heated floors in all full bathrooms add an extra touch of comfort. Outdoor living is truly exceptional with multiple decks overlooking the lake. The deck off the primary suite was completely redone in 2026, while the multi-level deck on the opposite side of the home was power washed and re-stained in 2025. Enjoy boating and lakefront recreation from the included dock with solar-powered boat lift. Additional amenities include a sauna, finished basement with flexible living space, two-car attached garage and generator for added peace of mind. Recent improvements include fresh ceiling paint in multiple rooms, updated primary shower, renovated primary deck and more. This unique lakefront property combines privacy, convenience and an unmatched lifestyle-perfect for enjoying peaceful mornings on the water and entertaining family and friends.

Description provided by the listing brokerage.

Interior

Appliances
Gas CooktopDishwasherDisposalMicrowaveDouble OvenRefrigeratorWine CoolerGas Water HeaterWater Softener OwnedBar Fridge
Interior features
Bath Sinks Double MainBreakfast BarBuilt-in FeaturesCathedral Ceiling(s)Kitchen IslandCentral VacuumHi-Speed Internet AvailblEat-in KitchenPantrySaunaWalk-In Closet(s)Wood Work PaintedVaulted Ceiling(s)Wet Bar
Flooring
Hardwood
Basement
Finished CeilingFinished Walls
Fireplaces
1
Fireplace type
Great RoomMasonryLiving Room
Laundry
Main LevelSink
Windows
Skylight(s)
Security
Smoke Detector(s)
Rooms
14
Main-level bedrooms
3

Exterior

Exterior features
Storage Shed
Patio and porch
CoveredDeckWrap Around
Construction
StoneWood Siding
Foundation
Concrete Perimeter
Style
Ranch
Parking and garage
Attached
View
Trees/WoodsForest
Waterfront
Lake FrontWater AccessDockSeawall
Other equipment
GeneratorRadon SystemSecurity SystemSmoke AlarmSump Pump

Systems

Heating
ZonedForced AirNatural Gas
Cooling
Central Air
Water
Public
Utilities
Cable AvailableNatural Gas Connected

Lot and HOA

HOA fee
$525 / annually
Lot features
Cul-De-SacMature TreesWooded
HOA fee includes
MaintenanceSecuritySnow Removal

Schools

School district
MSD Lawrence Township

Taxes

Estimated annual tax
$10,438 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$6,305per month, estimated
Principal and interest $5,041Property tax $870Insurance $350HOA $44
20% · $200,000
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.

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Listed at$1,000,000
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