5502 Floating Leaf Drive
Indianapolis, IN 46237
- 4 beds
- 3 baths
- 2,396 sqft
- 6,600 sqft lot
- $137 per sqft
- 2003 build
Welcome to 5502 Floating Leaf Drive, nestled in the heart of sought-after Franklin Township! This charming 4-bedroom, 2.5-bath home offers comfortable living. Step inside to discover a spacious open-concept kitchen-ideal for hosting and entertaining-with plenty of countertop space, cabinetry, and room to gather with family and friends. Enjoy peaceful evenings on the back deck overlooking a fully fenced yard that backs up to a scenic pond-providing both privacy and a relaxing view. Whether you're sipping your morning coffee or hosting a summer cookout, this backyard is your personal retreat. Don't miss your chance to make this home your own. Located in Franklin Township with convenient access to schools, shopping, dining, and major highways, it offers the perfect blend of comfort and practicality. Whether you're upsizing, downsizing, or simply looking for more space to enjoy, this home checks all the boxes.
Last checked:
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Last updated May 23, 2025
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MLS# 22040463 —
The Building
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Year Built:2003
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New Construction:false
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Construction Materials:Vinyl With Brick
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Architectural Style:TraditonalAmerican
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Foundation Details:Slab
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Levels:Two
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Basement:false
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Patio And Porch Features:Deck Main Level
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Accessibility Features:No
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Green Certification:No
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Upper SqFt:1407
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Building Area Total:2396
Interior
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Rooms:8
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Rooms Total:8
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Rooms Total:8
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Interior Features:Attic Access, Walk-in Closet(s), Windows Vinyl, Wood Work Painted, Eat-in Kitchen, Entrance Foyer
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Kitchen Features:Kitchen Updated
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Other Equipment:Not Applicable
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Eating Area:Breakfast Room,Dining Combo/Family Room,Separate Room
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Laundry Features:Upper Level
Room Dimensions
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SqFt:2396
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Main Level SqFt:989
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Living Area:2396
Location
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Directions:GPS Friendly
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Latitude:39.688277
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Longitude:-86.047123
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:491502109054000300
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Acres:<1/4 Acre
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Lot Features:Sidewalks
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Lot Size Acres:0.15
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Lot Size SqFt:6,600 Sqft
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Price Per Acre:2200000
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Waterfront:true
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Waterfront Features:Pond, Water View
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Fencing:Fence Full Rear
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Horse Amenities:None
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Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 964-1063
Taxes
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Tax Lot:49-15-02-109-054.000-300
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Tax Year:2024
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Tax Exemptions:Homestead Tax Exemption
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Semi Annual Property Tax Amt:1177
Beds
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Beds:4
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Bedrooms:4
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Bedrooms Total:4
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Primary Bedroom Description:Closet Walk in
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# of Bedrooms Upper:4
Baths
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Baths:3
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Full Baths:2
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Full Baths:2
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Half Baths:1
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Half Baths:1
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Half Baths Main:1
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Full Baths Upper:2
Heating & Cooling
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Heating:Forced Air, Natural Gas
Utilities
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Water Source:Municipal/City
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Solid Waste:No
Appliances
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Appliances:Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater
Schools
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High School District:Franklin Township Com Sch Corp
The Community
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Subdivision Name:Waters Edge At Cummins Farm
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Association Fee Frequency:Semi-Annually
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Association:true
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Association Fee:133
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HOA Disclosures:Covenants & Restrictions
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Association Fee Includes:Entrance Common, Insurance, Maintenance, ParkPlayground, Snow Removal
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Management Company Name:Kirkpatrick
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Ownership Interest Types:Mandatory Fee
Parking
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Parking Features:Attached
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Garage:true
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Garage Spaces:2
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Garage SqFt:418
Monthly cost estimate

Asking price
$330,000
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. |
$1,767
|
Taxes | $196 |
Insurance | $90 |
HOA fees | $22 |
Utilities | $135 See report |
Total | $2,210/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 |
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5/22/25
May 22, 2025
|
Listed / Active | MIBOR | $330,000 | 18.3% (6.4% / YR) |
7/19/22
Jul 19, 2022
|
MIBOR | $279,000 | 1.5% | |
6/18/22
Jun 18, 2022
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MIBOR | $275,000 |