3016 Lake Shore Dr Unit E, Indianapolis, IN, 46205
About This Home
Wake up to peaceful water views and unwind each evening surrounded by nature in this charming 1-bedroom, 1-bathroom home overlooking the lake. With breathtaking scenery right outside your window, this home offers a rare blend of tranquility and everyday convenience. Inside, you'll find beautiful hardwood floors and generously sized rooms that create a warm, inviting atmosphere-perfect for hosting friends or enjoying a quiet afternoon with a good book. Natural light pours in, enhancing the cozy yet open feel throughout the home. Step outside to your screened-in patio, where mornings begin with coffee and calm lake views, and evenings are spent listening to the sounds of nature and watching local wildlife pass by. It's your own private escape, just steps from your living room. Within the community, enjoy a scenic walking trail that wraps around the lake, offering the perfect setting for peaceful strolls, morning exercise, or simply taking in the beauty of your surroundings. All of this, while being conveniently located near shopping, dining, and everyday essentials, giving you the best of both worlds-serene lakeside living with easy access to everything you need. Whether you're looking for a quiet retreat or a place to slow down and savor life, this lakeside gem is ready to welcome you home.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1965
Materials
- Foundation: Slab
- Construction materials: Brick
Type & Style
- Home type: Townhouse
- Architectural style: Traditional
- Property subType: Residential,Townhouse
Interior
Appliances
- Appliances included: Dishwasher,Electric Water Heater,Disposal,MicroHood,Electric Oven
- Laundry features: Common Laundry
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Dining Room
- Level: Main
- Area: 117
- Dimensions: 13x9
Features
- Ceiling Fan(s),Hardwood Floors,High Speed Internet,Supplemental Storage
- Flooring: Hardwood
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 1,045
- Total interior livable area: 1,045 sqft
Kitchen
- Level: Main
- Area: 88
- Dimensions: 11x8
Laundry
- Level: Main
- Area: 88
- Dimensions: 11x8
Living Room
- Level: Main
- Area: 361
- Dimensions: 19x19
Master Bedroom
- Level: Main
- Area: 247
- Dimensions: 19x13
Property
Details
- Parcel number: 490708104069000800
- Attached to another structure: Yes
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Screened
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Lake Front
Lot
- Lot size: 2,613 sqft
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
- Heat Wave
- Inland Flooding
- Lightning
- 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 | $656 | $7,872 |
| Home Insurance * | $87 | $1,044 |
| Property Taxes | $51 | $612 |
| Electricity | $184 | $2,212 |
| Total | $978 | $11,736 |
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 |
|---|---|---|
| 2026-04-29 | Listed for sale | $129,900 |
| 2025-04-03 | Listing removed | $129,500 |
| 2025-03-24 | Price change | $129,500 |
| 2025-03-09 | Price change | $131,800 |
| 2025-02-15 | Price change | $133,500 |
| 2025-01-29 | Price change | $136,800 |
| 2025-01-02 | Price change | $139,800 |
| 2024-12-18 | Price change | $142,500 |
| 2024-12-02 | Listed for sale | $144,900 |
| 2022-04-19 | Sold | $90,000 |
| 2022-04-05 | Pending sale | $98,500 |
| 2022-03-31 | Listed for sale | $98,500 |
| 2018-08-13 | Sold | $55,000 |
| 2011-10-04 | Sold | $43,500 |
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