- 5 beds
- 5 baths
- 4,924 sqft
- 15,246 sqft lot
- $156 per sqft
- 1981 build
Stunning 5-Bed, 4.5-Bath Home with 4-Car Heated Garage, Walk-Out Basement & In-Law Quarters on Geist Reservoir (potentially)! Tucked away in a peaceful cul-de-sac, this spacious and versatile home offers exceptional living, entertaining, and investment potential. With 5 generously sized bedrooms, 2 kitchens, and 4 full bathrooms, there's room for everyone - plus more! The main level features a rare In-Law Quarters setup with a huge bedroom suite and a large private bath, ideal for multigenerational living or guests. The heart of the home opens to a finished walk-out basement complete with a full bar, second kitchen, and expansive living space, perfect for entertaining or even converting into separate living quarters. Upstairs are 4 more bedrooms including an additional Primary Bedroom w/its own bath! Car enthusiasts and hobbyists will love the heated/finished 4-car garage with ample storage and space for a workshop. Step outside to a backyard sanctuary with mature trees and tranquil views. Enjoy every season from the all-season sunroom, huge screened-in porch, or multiple decks that overlook a serene ravine. Here's the game-changer: the property connects to a dredgeable ravine, offering the potential to create your own Geist waterfront lot (was originally built in 1981 as a Water Front Property) - build equity while customizing your dream lifestyle! Don't miss this rare opportunity to own a home that combines luxury, flexibility, and future value - all in a prime location.
Last checked:
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Last updated Jul 7, 2025
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MLS# 22045535 —
The Building
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Year Built:1981
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New Construction:false
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Construction Materials:Wood With Stone, Brick, Stone
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Architectural Style:Traditional
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Foundation Details:Block
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Levels:Two
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Basement:true
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Basement:Finished, Full, Walk-Out Access
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Patio And Porch Features:Deck, Screened
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Accessibility Features:No
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Direction Faces:East
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Upper SqFt:1622
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Building Area Total:4924
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Below Grade Finished Area:1534
Interior
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Rooms:11
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Rooms Total:14
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Rooms Total:11
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Interior:Bedroom Other on Main,Utility Room
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Interior Features:Attic Access, Built-in Features, Cathedral Ceiling(s), Vaulted Ceiling(s), Kitchen Island, Hardwood Floors, Pantry, Walk-In Closet(s), Wet Bar
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Kitchen Features:Kitchen Updated
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Other Equipment:Smoke Alarm, Sump Pump
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Eating Area:Formal Dining Room,Other Eating Area
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Laundry Features:Upper Level
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Fireplaces Total:1
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Fireplace Features:Two Sided, Basement, Kitchen, Living Room, Dining Room, Masonry
Room Dimensions
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SqFt:3390
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Main Level SqFt:1768
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Living Area:4924
Location
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Directions:GPS Friendly
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Latitude:39.917912
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Longitude:-85.979852
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:490117118013000400
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Acres:1/4-1/2 Acre
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Lot Features:Cul-De-Sac, Mature Trees, Wooded
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Lot Size Acres:0.35
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Lot Size SqFt:15,246 Sqft
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Price Per Acre:2200000
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Property Condition:Updated/Remodeled
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Additional Parcels:false
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View:Lake, Trees/Woods, Forest
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View:true
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Waterfront:true
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Waterfront Features:Water Access, Water View
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Horse Amenities:None
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Fence:No
Listing Agent
- Contact info:
- Agent phone:
- (317) 695-3369
- Office phone:
- (317) 849-5050
Taxes
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Tax Lot:104
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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:3071
Beds
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Beds:5
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Bedrooms:5
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Bedrooms Total:5
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Main Level Bedrooms:1
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Primary Bedroom Description:Closet Walk in,Porch
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# of Bedrooms Upper:4
Baths
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Baths:5
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Full Baths:4
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Full Baths:3
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Half Baths:1
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Half Baths:1
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Full Baths Main:1
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Half Baths Main:1
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Full Baths Upper:2
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Full Baths Basement:1
The Listing
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Inspection Warranties:Not Applicable
Heating & Cooling
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Heating:Forced Air, Natural Gas, High Efficiency (90%+ AFUE )
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Cooling:Central Air
Utilities
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Utilities:Cable Connected, Natural Gas Connected
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Electric:200+ Amp Service
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Water Source:Public
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Solid Waste:No
Appliances
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Appliances:Electric Cooktop, Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Exhaust Fan, MicroHood, Double Oven, Gas Oven, Refrigerator, Washer, Water Softener Owned, Wine Cooler, Microwave, Range Hood
Schools
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Elementary School:Amy Beverland Elementary
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Middle Or Junior School:Fall Creek Valley Middle School
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High School:Lawrence North High School
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High School District:MSD Lawrence Township
The Community
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Subdivision Name:Masthead
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Community Features:Suburban, Lake
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Spa:false
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Pool Private:false
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Association Fee Frequency:Annually
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Association:true
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Association Fee:525
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HOA Disclosures:Covenants & Restrictions
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Association Fee Includes:Association Home Owners, Entrance Common, Insurance, Maintenance, Management, Security, Snow Removal
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Management Company Name:CASI
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Ownership Interest Types:Mandatory Fee
Parking
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Parking Features:Attached, Garage Door Opener
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Garage:true
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Garage Spaces:4
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Garage & Parking:Finished Garage,Garage Door Opener,Keyless Entry,Service Door
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Garage SqFt:680
Monthly cost estimate

Asking price
$770,000
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. |
$4,123
|
Taxes | $511 |
Insurance | $211 |
HOA fees | $44 |
Utilities | $202 See report |
Total | $5,091/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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6/23/25
Jun 23, 2025
|
Listed / Active | MIBOR | $770,000 | 13.4% (9.9% / YR) |
2/16/24
Feb 16, 2024
|
MIBOR | $679,000 | -3.0% | |
12/27/23
Dec 27, 2023
|
MIBOR | $699,900 |