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5001 Falcon Grove Drive

Indianapolis, IN 46254

ActiveListed Oct 8, 2026 · 5 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,406 sqft
Lot
0.22 acres
Year built
1992
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22130690
County
Marion
Subdivision
The Willows

About this home

Attention Investors, visionaries, or first-time home buyers! Coming to the market is a true diamond in the rough. Discover the ease of single-story living at 5001 Falcon Grove DR, INDIANAPOLIS, IN. Built in 1992, this 1406 square foot residence is the perfect canvas to create your own home of comfort. The property hosts a 3 bedroom and 2 full bathroom layout offering a welcoming atmosphere from the moment you arrive. The heart of this home, the living room, offers an inviting space with a fireplace, a high ceiling, and a vaulted ceiling, creating an open and airy ambiance perfect for relaxation or entertaining. The kitchen is thoughtfully designed with a convenient peninsula, providing both a functional workspace and a casual dining option. Enjoy the comfort of a bedroom featuring a high ceiling, large closets, and a vaulted ceiling, adding a sense of spaciousness. The bathroom offers the convenience of a double vanity, streamlining daily routines. This ranch-style home also includes an attached garage for your convenience. Embrace a lifestyle of comfort and ease; schedule your private viewing today.

Description provided by the listing brokerage.

Interior

Interior features
Bath Sinks Double Main
Fireplaces
1
Fireplace type
Family Room
Rooms
8
Main-level bedrooms
3
Condition
Fixer

Exterior

Patio and porch
Deck
Construction
Vinyl With Brick
Foundation
Crawl Space
Style
A-Frame
Parking and garage
Attached

Systems

Heating
Gas
Cooling
Central Air
Water
Public

Schools

High school
Pike High School
School district
MSD Pike Township

Taxes

Estimated annual tax
$2,494 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,297per month, estimated
Principal and interest $1,018Property tax $208Insurance $71
20% · $40,400
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.

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Listed at$202,000
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