1727 Dogwood Lake Way, Indianapolis, IN, 46239
About This Home
Unbeatable Value & Scale in The Lakes at Grassy Creek! This massive 6-bedroom, 4-full bathroom home offers a rare opportunity to build significant equity in a 2020-built property. Spanning over 3,500 sq. ft., the floor plan is designed for maximum capacity and functionality. While the home needs cosmetic restoration and TLC, the "bones" of a modern 2020 build provide a head start you won't find in older fixers. Featuring a primary suite plus five additional bedrooms and four full baths, including full bathroom and bedroom on the main floor! This is a prime candidate for a high-end rental or a high-margin flip. Sold as-is-bring your vision and capitalize on this incredible price per square foot!
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 2020
Materials
- Foundation: Slab
- Construction materials: Vinyl With Brick,Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Water Heater,Disposal,MicroHood,Refrigerator,Water Softener Owned,Microwave
- Laundry features: Upper Level,Sink
Bedroom2
- Level: Upper
- Area: 120
- Dimensions: 12x10
Bedroom3
- Level: Upper
- Area: 120
- Dimensions: 12x10
Bedroom4
- Level: Upper
- Area: 169
- Dimensions: 13x13
Bedroom5
- Level: Upper
- Area: 169
- Dimensions: 13x13
Bedroom6
- Level: Main
- Area: 169
- Dimensions: 13x13
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
- Main level bedrooms: 1
Dining Room
- Level: Main
- Area: 180
- Dimensions: 15x12
Features
- Attic Access,Double Vanity,Breakfast Bar,Cathedral Ceiling(s),Kitchen Island,Eat-in Kitchen,Walk-In Closet(s)
- Attic: Access Only
Heating & Cooling
- Heating features: Electric,Forced Air,Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 3,565
- Total interior livable area: 3,565 sqft
Kitchen
- Level: Main
- Area: 195
- Dimensions: 15x13
Laundry
- Level: Upper
- Area: 66
- Dimensions: 11x6
Living Room
- Level: Main
- Area: 289
- Dimensions: 17x17
Master Bedroom
- Level: Upper
- Area: 240
- Dimensions: 16x15
Property
Details
- Parcel number: 490916114004057700
- Special condition: As Is,Fixer Upper,In Foreclosure,Short Sale
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Fencing: Fenced,Partial
Lot
- Lot size: 9,147 sqft
- Features: Sidewalks,Storm Sewer
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
- Cold Wave
- Heat Wave
- Inland Flooding
- Strong Wind
- Tornado
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 | $1,643 | $19,716 |
| Home Insurance * | $178 | $2,136 |
| Property Taxes | $241 | $2,892 |
| Electricity | $326 | $3,921 |
| Total | $2,388 | $28,656 |
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 |
|---|---|---|
| 2020-07-21 | Sold | $263,590 |
View on Zillow