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3724 Magenta Lane #3

Indianapolis, IN 46214

ActiveListed Oct 2, 2026 · 12 days on market

Key facts

Beds
2
Baths
2 full
Living area
1,108 sqft
Year built
1992
Type
Residential · Condominium
Stories
One
Garage
1 space
MLS #
22129290
County
Marion
Subdivision
Reflections At Waterwood

About this home

Enjoy easy condo living in a great location! This well-maintained 2-bedroom, 2-bath condo offers a spacious layout, comfortable living spaces, and a peaceful wooded setting. The large Great Room is the centerpiece of the home, featuring vaulted ceilings and an open design that provides plenty of room for both living and dining. A distinctive hanging light fixture defines the dining area while keeping the space open and inviting. The generously sized kitchen offers plenty of cabinet and counter space, making it both functional and welcoming for everyday living or entertaining. The Primary Bedroom provides a private retreat with its own ensuite bath, while the additional bedroom and full bath offer flexibility for guests, a home office, or other needs. Step outside onto the private balcony and enjoy your morning coffee or unwind at the end of the day while overlooking the wooded area. A convenient storage closet just off the balcony provides additional space for outdoor items and storage. Located near beautiful Eagle Creek and with easy access to downtown Indianapolis, this condo combines a peaceful setting with convenient access to shopping, dining, recreation, and the city. A wonderful opportunity for those looking for comfortable, low-maintenance living in a convenient location!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric Water HeaterDisposalMicroHoodElectric OvenRefrigeratorWasher
Interior features
Attic Pull Down StairsCathedral Ceiling(s)Walk-In Closet(s)Wood Work PaintedBreakfast BarPaddle FanEat-in KitchenEntrance FoyerHi-Speed Internet AvailblPantry
Other rooms and areas
Laundry in Unit
Windows
ScreensSkylight(s)
Rooms
4
Main-level bedrooms
2

Exterior

Exterior features
Balcony
Patio and porch
Covered
Construction
Vinyl With Brick
Foundation
Slab
Style
Traditional
Parking and garage
AttachedConcreteGarage Door Opener
Other equipment
Security System Owned

Systems

Heating
Forced AirElectric
Cooling
Central Air
Water
Public
Utilities
Cable Available

Lot and HOA

HOA fee
$215 / monthly
Lot features
Mature Trees
HOA fee includes
Maintenance StructureMaintenanceSnow Removal

Schools

School district
MSD Wayne Township

Taxes

Estimated annual tax
$4,120 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,475per month, estimated
Principal and interest $857Property tax $343Insurance $60HOA $215
20% · $34,000
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$170,000
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