Skip to content

540 Ferndale Lane

Danville, IN 46122

PendingListed Aug 28, 2026 · 36 days on market

Key facts

Beds
5
Baths
4 full · 1 half
Living area
3,344 sqft
Lot
0.2 acres
Year built
2020
Type
Residential · Single Family Residence
Stories
Two
Garage
3 spaces
MLS #
22123119
County
Hendricks
Subdivision
Four Oaks

About this home

Set in the popular Four Oaks subdivision, this 5-bedroom, 4.5-bath home pairs a well-planned interior with a backyard that invites you to spend more time outside. Built in 2020 and move-in ready, the home features a main-level bedroom with a private en suite bath, adding flexibility to the floor plan. Upstairs, the primary suite is joined by another bedroom with its own en suite, while two additional bedrooms share a Jack-and-Jill bath. That arrangement creates distinct bedroom spaces without sacrificing the easy flow of the home. Attractive built-ins add character and practical storage, and all kitchen appliances along with the water softener remain. The fenced rear yard is a standout, with a patio and pergola overlooking the pond. Start the morning with coffee outside, fire up the grill in the evening, or enjoy the changing view across the water throughout the seasons. Because the property backs to the pond, there is no home sitting directly behind the rear yard, giving the back of the home a more open outlook. The 3-car garage adds room for parking, storage, bikes, tools, and recreational gear. With a Danville address and Avon Community School Corporation schools, the location offers easy access to downtown Danville, Beasley's Orchard, the new Avon Civic Center, parks, restaurants, shopping, and everyday conveniences. Whether you're spending time around the kitchen, relaxing under the pergola, or enjoying the pond view, this home offers plenty of ways to make the most of everyday life. With the right offer, seller is open to concessions including interest rate buy down. Tour this home today and make an offer!

Description provided by the listing brokerage.

Interior

Appliances
Gas CooktopDishwasherDryerElectric Water HeaterDisposalOvenRefrigeratorWasherWater Softener Owned
Interior features
Attic AccessBath Sinks Double MainBreakfast BarHi-Speed Internet AvailblWired for DataWood Work Painted
Kitchen
Kitchen Updated
Other rooms and areas
Bath Jack-n-JillBedroom Other on Main
Laundry
Upper Level
Windows
Vinyl Windows
Rooms
11
Main-level bedrooms
1

Exterior

Patio and porch
Covered
Construction
Wood Brick
Foundation
Slab
Style
Traditional
Parking and garage
Attached
Fencing
Full
View
NeighborhoodPond
Waterfront
Pond
Other equipment
Smoke Alarm

Systems

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

Lot and HOA

HOA fee
$450 / semi-annually
Lot features
SidewalksStorm SewerTrees-Small (Under 20 Ft)
HOA fee includes
Association Builder ControlsAssociation Home OwnersEntrance CommonInsuranceMaintenance

Schools

School district
Avon Community School Corp

Taxes

Estimated annual tax
$4,736 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,842per month, estimated
Principal and interest $2,253Property tax $395Insurance $156HOA $38
20% · $89,400
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$447,000
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.