5406 Allisonville Road
Indianapolis, IN 46220
- 3 beds
- 3 baths
- 3,540 sqft
- ~3/4 acre lot
- $162 per sqft
- 1979 build
Not just a house... this lakefront home is a lifestyle for you to enjoy! Situated on a .7-acre lot on the pristine Lake Maxinhall, an 84-acre lake, this spacious ranch-style brick home offers breathtaking lake views from nearly every room. With its perfect layout for entertaining, you'll love the expansive 24x23 Great Room featuring a cozy fireplace, which flows seamlessly into a sun-drenched 23x11 four-season sunroom. From there, step out onto the new, oversized deck complete with a chairlift for easy access. The home is filled with character, showcasing beautiful crown molding, dental molding, and a beamed ceiling, while large picture windows invite the outdoors in. The kitchen is updated featuring granite countertops, a tiled backsplash, stainless steel appliances, and a movable island on wheels for added convenience. Great storage with the oversized courtyard garage that offers ample space, and there's even a shed perfect for storing kayaks, canoes, and patio furniture for the winter months. Enjoy serene sunsets and relax on the private paver patio, or dock your boat at your own dock. The lake offers a variety of activities-swimming, canoeing, kayaking, and pontoon boating (with a 9.9 HP limit). This vibrant, close-knit neighborhood is perfect for those who love community, with a lively Facebook group, neighborhood crime watch, HOA meetings, and annual events like the 4th of July boat parade and fireworks. The walk-out basement, complete with a full bath, provides a great space for changing after a day on the water, or could be used as a guest suite for family and friends. This home isn't just about the house-it's about the experience of living lakeside, enjoying community, and embracing a lifestyle where every day feels like a vacation.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 14, 2025
•
MLS# 22025799 —
Upcoming Open Houses
-
Saturday, 3/15
12pm-2pm -
Sunday, 3/16
1pm-3pm
The Building
-
Year Built:1979
-
New Construction:false
-
Construction Materials:Brick
-
Architectural Style:Ranch
-
Levels:One
-
Basement:true
-
Basement:Finished, Storage Space, Walk Out
-
Foundation Details:Concrete Perimeter
-
Patio And Porch Features:Deck Main Level, Open Patio, Porch Open
-
Exterior Features:Barn Mini, Gutter Guards
-
Accessibility Features:Yes
-
Accessibility Features:Accessible Entrance, Stair Lift
-
Green Certification:No
-
Building Area Total:3540
-
Below Grade Finished Area:1180
Interior
-
Rooms:9
-
Rooms Total:12
-
Rooms Total:9
-
Interior:Bedroom Other on Main,Living Room Formal
-
Interior Features:Attic Pull Down Stairs, Center Island, Entrance Foyer, Walk-in Closet(s), Windows Wood, Wood Work Stained
-
Kitchen Features:Kitchen Updated
-
Other Equipment:Chair Lift, Radon System, Security Alarm Paid
-
Eating Area:Breakfast Room,Dining Combo/Family Room
-
Laundry Features:Main Level
-
Fireplaces Total:1
-
Fireplace Features:Family Room, Gas Log
Room Dimensions
-
SqFt:2360
-
Main Level SqFt:2360
-
Living Area:3540
Location
-
Directions:GPS Friendly
-
Latitude:39.851216
-
Longitude:-86.108594
The Property
-
View:true
-
Property Type:Residential
-
Property Subtype:Single Family Residence
-
Property Attached:false
-
Parcel Number:490708115016000800
-
Acres:1/2-1 Acre
-
Lot Size Acres:0.7
-
Lot Size SqFt:30,666 Sqft
-
Price Per Acre:821429
-
View:Lake
-
View:true
-
Waterfront:true
-
Waterfront Features:Dock, Lake Front, Water View, Waterfront
-
Horse Amenities:None
Listing Agent
- Contact info:
- Agent phone:
- (317) 501-3202
- Office phone:
- (317) 251-2284
Taxes
-
Tax Lot:13
-
Tax Year:2023
-
Tax Exemptions:Homestead Tax Exemption
-
Semi Annual Property Tax Amt:2934
Beds
-
Beds:3
-
Bedrooms:3
-
Bedrooms Total:3
-
Main Level Bedrooms:3
-
Primary Bedroom Description:Closet Walk in
Baths
-
Baths:3
-
Full Baths:3
-
Full Baths:2
-
Full Baths Main:2
-
Full Baths Basement:1
Heating & Cooling
-
Heating:Forced Air, Gas
-
Cooling:Central Electric
Utilities
-
Water Source:Municipal/City
-
Solid Waste:Yes
Appliances
-
Appliances:Dishwasher, Dryer, Disposal, Gas Water Heater, Humidifier, MicroHood, Gas Oven, Refrigerator, Washer, Water Softener Rented
Schools
-
High School District:MSD Washington Township
The Community
-
Subdivision Name:Lake Maxinhall
-
Association Amenities:Maintenance
-
Association Fee Frequency:Annually
-
Association:true
-
Association Fee:350
-
HOA Disclosures:Covenants & Restrictions
-
Association Fee Includes:Association Home Owners, Maintenance
-
Management Company Name:Lake Maxinhall Assoc
-
Ownership Interest Types:Mandatory Fee
Parking
-
Parking Features:Attached
-
Garage:true
-
Garage Spaces:2
-
Garage SqFt:550
Monthly cost estimate

Asking price
$575,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,078
|
Taxes | $489 |
Insurance | $158 |
HOA fees | $29 |
Utilities | $167 See report |
Total | $3,921/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/14/25
Mar 14, 2025
|
Listed / Active | MIBOR | $575,000 |