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5717 Fall Creek Rd, Indianapolis, IN, 46220

4beds
5baths
5,086sqft
$1,145,000
$225price/sqft
$7,831/moest. monthly cost
$313,240/yrincome needed

About This Home

Welcome to 5717 Fall Creek Road-where resort-style living meets everyday convenience, just minutes from the best of the city and the suburbs. Set on a tranquil waterfront lot, this fully reimagined 4/5 bedroom home with 4.5 bathrooms delivers a private retreat experience with a brand-new floating dock, expansive composite deck, and a stunning three-season room-perfect for morning coffee, sunset views, and effortless entertaining. Step inside to a grand, light-filled foyer featuring refinished maple hardwoods, a striking crystal chandelier, and an open-concept design built for both elevated living and connection. The designer kitchen is a true centerpiece, showcasing Calcutta quartz countertops, premium Monogram appliances, induction cooktop, and sleek European finishes-where style meets performance. The main-level primary suite is a serene escape, offering peaceful water views, private deck access, dual custom walk-in closets, and a spa-inspired ensuite with frameless glass shower and luxury fixtures. Upstairs, a second primary suite and airy loft provide flexible, high-end living for guests or multi-generational needs. The finished lower level expands your lifestyle even further-complete with space for a home theater, gym with spa-like bath, office, and entertaining area, all finished with premium touches. Extensive upgrades-including a new 50-year roof, Pella windows, enhanced insulation, modern mechanicals, and whole-home systems-deliver comfort, efficiency, and peace of mind. A heated three-car garage, advanced security, and included luxury features make this a rare, truly turnkey opportunity. Live like you're on vacation-every single day.

Getting Around

5
WalkingCar-Dependent
0
TransitNo Nearby Transit
44
BikeSomewhat Bikeable

Schools

3/10
3/10
Belzer Middle SchoolGrades 7-82.0 mi
3/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1995

Materials

  • Foundation: Concrete Perimeter,Full
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Dryer,Disposal,Gas Water Heater,Humidifier,Microwave,Oven,Double Oven,Range Hood,Refrigerator,Bar Fridge,Washer,Water Softener Owned,Other,Air Purifier
  • Laundry features: Laundry Room,Main Level,Sink

Basement

  • Has basement: Yes
  • Basement: Finished,Daylight

Bedroom2

  • Level: Upper
  • Area: 169
  • Dimensions: 13x13

Bedroom3

  • Level: Upper
  • Area: 156
  • Dimensions: 13x12

Bedroom4

  • Level: Upper
  • Area: 280
  • Dimensions: 20x14

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Breakfast Room

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Dining Room

  • Level: Main
  • Area: 182
  • Dimensions: 14x13

Exercise Room

  • Features: Luxury Vinyl Plank
  • Level: Basement
  • Area: 132
  • Dimensions: 12x11

Family Room

  • Features: Luxury Vinyl Plank
  • Level: Basement
  • Area: 1470
  • Dimensions: 35x42

Features

  • Double Vanity,Cathedral Ceiling(s),Tray Ceiling(s),Entrance Foyer,Ceiling Fan(s),Hardwood Floors,High Speed Internet,Eat-in Kitchen,Wired for Data,Smart Thermostat,Walk-In Closet(s),Wet Bar
  • Window features: WoodWorkStain/Painted
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Great Room
  • Fireplace: Yes
  • Finished area below ground: 2,093

Great Room

  • Level: Main
  • Area: 360
  • Dimensions: 20x18

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,086
  • Total interior livable area: 5,086 sqft

Kitchen

  • Level: Main
  • Area: 180
  • Dimensions: 15x12

Laundry

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 66
  • Dimensions: 11x06

Library

  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Loft

  • Level: Upper
  • Area: 110
  • Dimensions: 11x10

Master Bedroom

  • Level: Main
  • Area: 280
  • Dimensions: 20x14

Office

  • Level: Basement
  • Area: 143
  • Dimensions: 13x11

Property

Details

  • Parcel number: 490703108004000400
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Screened
  • Exterior features: Sprinkler System
  • Has view: Yes
  • On waterfront: Yes
  • Waterfront features: Lake Front,Water Access,Dock

Lot

  • Lot size: 0.60 Acres
  • Features: Mature Trees

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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

MonthlyAnnual
Mortgage $5,789$69,468
Home Insurance *$624$7,488
Property Taxes $952$11,424
Electricity $466$5,594
Total$7,831$93,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$268,491/yr
40% on housing$234,930/yr
45% on housing$208,826/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$225This listing

vs Other Active Listings

Avg $/sqft

ZIP 46220$164
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46220$153
Marion County$131

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

DateEventPrice
2026-05-07Price change$1,225,000
2026-04-15Listed for sale$1,250,000
2022-02-14Sold$770,000
2022-01-20Pending sale$775,000
2021-10-29Listed for sale$775,000
2016-11-21Sold$630,000
2016-11-01Pending sale$650,000
2016-09-13Listed for sale$650,000
2001-04-27Sold$480,000

For Sale by Agent

AgentTiffanie Ditlevson
BrokerageF.C. Tucker Company

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