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11226 Blackwalnut Point, Indianapolis, IN, 46236

5beds
4baths
4,344sqft
$1,110,000
$256price/sqft
$7,758/moest. monthly cost
$310,320/yrincome needed

About This Home

Rare opportunity to live the Lake Life on Geist in this IMMACULATE 5/6-bedroom home (4 up, primary on main, one in basement), perfectly situated on the largest double lot in the neighborhood with an electric dock and tranquil water & SUNSET views. Enter into light filled foyer and private home office into the spacious main level living with open concept kitchen into large expansive sun room overlooking main body views. Impressive 2story great room with fireplace overlooking water views. Main level primary suite tucked away with private access to exterior deck and newly fully renovated spa like bathroom with high end finishes including free standing soaker tub, heated floors, expansive step in shower all with custom title finishes. Relax in the screened-in porch or hot tub surrounded by mature trees enjoying your water view. Rare wet room tucked away on deck perfect for the boat toys and skis. Upstairs has 3 generous size bedrooms and full bath plus 6th bedroom option- perfect for craft or game room. Host unforgettable gatherings in the expansive walkout basement, complete with a large entertaining area and additional guest bedroom and full bathroom plus storage area. With access pass to clubhouse featuring a pool, tennis courts, and more, this home offers an amazing space, functional layout, main level living, water views from all rooms, expansive decks, sun room with SUNSET VIEWS. Live the lake life with a family friendly layout and 25 min commute to downtown Indy.

Getting Around

36
WalkingCar-Dependent
0
TransitNo Nearby Transit
30
BikeSomewhat Bikeable

Schools

3/10
Belzer Middle SchoolGrades 7-85.0 mi
3/10

Construction

Condition

  • Year built: 1992

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Oven,Refrigerator,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access

Bedroom2

  • Level: Upper
  • Area: 165
  • Dimensions: 11x15

Bedroom3

  • Level: Upper
  • Area: 108
  • Dimensions: 9x12

Bedroom4

  • Level: Upper
  • Area: 208
  • Dimensions: 13x16

Bedroom5

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 99
  • Dimensions: 11x9

Family Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 400
  • Dimensions: 16X25

Features

  • Attic Access,High Ceilings,Hardwood Floors,Breakfast Bar,Eat-in Kitchen,Pantry,Wet Bar
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Dining Room,Family Room,Living Room
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 1,909

Heating & Cooling

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

Interior Area

  • Total structure area: 4,344
  • Total interior livable area: 4,344 sqft

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 143
  • Dimensions: 13X11

Library

  • Level: Main
  • Area: 121
  • Dimensions: 11X11

Living Room

  • Level: Main
  • Area: 396
  • Dimensions: 18x22

Master Bedroom

  • Level: Main
  • Area: 234
  • Dimensions: 13x18

Play Room

  • Level: Basement
  • Area: 200
  • Dimensions: 20X10

Property

Details

  • Parcel number: 490121110029000400
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Screened
  • Has spa: Yes
  • Spa features: Heated
  • On waterfront: Yes
  • Waterfront features: Lake Front,On Reservoir

Lot

  • Lot size: 6,969 sqft

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

  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Inland Flooding
Lightning
Strong Wind
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 $5,612$67,344
Home Insurance *$704$8,448
Property Taxes $1,044$12,528
Electricity $398$4,778
Total$7,758$93,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$265,988/yr
40% on housing$232,740/yr
45% on housing$206,880/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

$256This listing

vs Other Active Listings

Avg $/sqft

ZIP 46236$145
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46236$148
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)

No zestimate history available

Price History

DateEventPrice
2025-07-22Price change$1,110,000
2025-05-16Listed for sale$1,195,000

For Sale by Agent

AgentMeighan Wise
BrokerageKeller Williams Indpls Metro N

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