7957 Castle Lake Rd, Indianapolis, IN, 46256
About This Home
Welcome to 7957 Castle Lake Rd, a beautifully maintained 4-bedroom, 2.5-bath home nestled in the desirable Castle Cove community. Offering nearly 2,000 square feet of thoughtfully designed living space, this two-story home combines comfort, functionality, and peaceful waterfront views. Inside, you'll find spacious living areas perfect for everyday living and entertaining. The floor plan features four bedrooms, including a private primary suite with its own balcony overlooking the water, the perfect place to enjoy your morning coffee or unwind after a long day. This home offers numerous recent updates, including replacement windows (2023), updated laminate flooring in an upstairs bedroom (2023), a new sump pump (2021), water softener (2020), water heater (2019), exterior repairs and fresh paint (2022), updated garage door rollers and springs, new concrete driveway (2021) and a newly replaced primary suite balcony (2025), providing added peace of mind for years to come. Step outside and enjoy one of this home's standout features, the serene pond directly behind the property. Residents can enjoy catch-and-release fishing, making it easy to spend relaxing evenings just steps from your patio. Nature lovers will also appreciate the abundance of wildlife, with a variety of birds regularly visiting the area and deer often seen wandering through the yard, creating a peaceful, park-like setting that's hard to find. Whether you're relaxing on the private balcony, enjoying the yard, or taking in the tranquil water views, this home offers a retreat you'll love coming home to every day. Conveniently located near shopping, dining, parks, and major interstates, Castle Cove provides easy access to everything Indianapolis has to offer while maintaining a welcoming neighborhood atmosphere. If you've been searching for a home with thoughtful updates, generous living space, beautiful waterfront views, and the opportunity to enjoy fishing and wildlife right outside your door, this is it
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1980
Materials
- Foundation: Crawl Space
- Construction materials: Brick,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Gas Water Heater,MicroHood,Microwave,Electric Oven,Refrigerator,Washer,Water Softener Owned
- Laundry features: Main Level
Bedroom2
- Level: Upper
- Area: 165
- Dimensions: 15x11
Bedroom3
- Level: Upper
- Area: 130
- Dimensions: 13x10
Bedroom4
- Level: Upper
- Area: 121
- Dimensions: 11x11
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Breakfast Room
- Features: Tile-Ceramic
- Level: Main
- Area: 88
- Dimensions: 11x8
Dining Room
- Level: Main
- Area: 121
- Dimensions: 11x11
Family Room
- Level: Main
- Area: 247
- Dimensions: 19x13
Features
- Attic Access,Built-in Features,Entrance Foyer,Hardwood Floors,High Speed Internet,Wired for Data,Walk-In Closet(s)
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Family Room,Wood Burning
- Fireplace: Yes
- Attic: Access Only
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,999
- Total interior livable area: 1,999 sqft
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 132
- Dimensions: 12x11
Living Room
- Level: Main
- Area: 266
- Dimensions: 19x14
Master Bedroom
- Level: Upper
- Area: 208
- Dimensions: 16x13
Property
Details
- Parcel number: 490224105025000400
- Other equipment: Intercom
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Pond,Water View
Lot
- Lot size: 0.33 Acres
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Cold Wave
- Heat Wave
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,896 | $22,752 |
| Home Insurance * | $224 | $2,688 |
| Property Taxes | $337 | $4,044 |
| Electricity | $184 | $2,212 |
| Total | $2,641 | $31,692 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-22 | Price change | $375,000 |
| 2026-07-14 | Price change | $385,000 |
| 2026-07-06 | Listed for sale | $395,000 |
| 2019-05-16 | Sold | $216,000 |
| 2019-04-22 | Pending sale | $219,900 |
| 2019-04-12 | Price change | $219,900 |
| 2019-03-04 | Pending sale | $214,900 |
| 2019-02-27 | Listed for sale | $214,900 |
| 2019-01-17 | Listing removed | $214,900 |
| 2018-12-11 | Price change | $214,900 |
| 2018-11-11 | Price change | $218,000 |
| 2018-10-21 | Listed for sale | $221,000 |
| 2015-05-11 | Sold | $183,000 |
| 2015-03-25 | Pending sale | $185,900 |
| 2015-02-04 | Price change | $185,900 |
| 2014-11-06 | Listed for sale | $187,900 |
| 2013-12-27 | Sold | $147,500 |
| 2013-12-05 | Pending sale | $150,250 |
| 2013-11-14 | Listed for sale | $150,250 |
| 2009-06-25 | Sold | $180,000 |
| 2009-02-16 | Listing removed | $190,000 |
| 2009-02-05 | Price change | $190,000 |
| 2008-12-10 | Listed for sale | $192,900 |
| 2007-04-09 | Sold | $203,763 |
View on Zillow