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5022 Allisonville Road #C

Indianapolis, IN 46205

ActiveListed Aug 12, 2026 · 64 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,788 sqft
Lot
0.11 acres
Year built
1965
Type
Residential · Condominium
Stories
One
Garage
3 spaces
MLS #
22118006
County
Marion
Subdivision
Heron Lake

About this home

Spacious 3-bedroom condo offering beautiful lake views from the glass-enclosed patio, creating the perfect 3 season room! Condo also has open porch off living room, open floor plan, beautiful built-ins separate dining area and kitchen and in living room. Large windows fill the home with natural light, while hardwood floors add warmth. 2 bedrooms include built-in shelves around the window and living room area has entertainment nook great for that large-screen TV. Located in the highly desirable Heron Lake neighborhood, this property also features a 2-car garage plus an additional detached 1-car garage, providing exceptional parking and storage space. Entire neighborhood has updates including lighted building addresses, security lighting, landscaping and entrance/exit renovations. Club house completely remodeled too!

Description provided by the listing brokerage.

Interior

Appliances
Common LaundryDishwasherElectric Water HeaterElectric OvenRefrigerator
Interior features
Breakfast BarBuilt-in FeaturesEntrance FoyerPaddle FanPantry
Flooring
Hardwood
Windows
Aluminum Frames
Rooms
6
Main-level bedrooms
3

Exterior

Patio and porch
Glass Enclosed
Construction
Brick
Foundation
Slab
Parking and garage
DetachedGarage Door Opener
Waterfront
Lake FrontWater Access
Other equipment
Smoke Alarm

Systems

Heating
Other – See Remarks
Cooling
Central Air
Water
Public

Lot and HOA

HOA fee
$498 / monthly
Lot features
Close to ClubhouseSidewalksMature Trees
HOA fee includes
Association Home OwnersSewerLawncareMaintenance GroundsMaintenance StructureManagementSnow RemovalTrash

Schools

School district
MSD Washington Township

Taxes

Estimated annual tax
$1,580 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,492per month, estimated
Principal and interest $807Property tax $132Insurance $56HOA $498
20% · $32,000
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$160,000
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