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About this home
A rare opportunity for resort-style living-beautifully updated, impeccably maintained and ready to enjoy and make your forever home. Set against a serene waterfront backdrop, this exceptional residence pairs grand proportions with thoughtful renovations and effortless livability. Soaring ceilings, abundant natural light and newly refinished maple hardwood floors create an elegant canvas for art, furnishings and entertaining. At the heart of the home is a custom chef's kitchen, beautifully appointed with Calacatta quartz countertops, an Iceberg backsplash, induction cooking, Monogram canopy hood, under-counter microwave, reverse-osmosis water filtration and updated fixtures and hardware. The main-level primary suite enjoys tranquil water views, deck access, dual custom closets and a beautifully updated bath. A second ensuite upstairs makes the home especially well suited for guests and multigenerational living. Nearly every level has been thoughtfully refreshed, including new luxury flooring, custom lighting, glass balustrades, updated baths and a finished lower level designed for entertaining, fitness and relaxation. Outside, the lifestyle takes center stage with an expansive rebuilt composite deck, three-season room, private floating dock and included pontoon boat-creating your own waterfront retreat just steps from home. And this isn't a property where the next owner inherits a long project list. A new $30,000 roof, upgraded insulation, new Pella picture windows, extensive exterior improvements and numerous mechanical updates have already been completed. Turnkey, inspected and thoughtfully improved, 5717 Fall Creek Road offers something increasingly difficult to find: a substantial luxury home where the work is done and the possibilities are just beginning.
Wonderful 4/5 Bedrooms, 4.5 Bath, Waterfront Home with 3 Car Garage and Full Finished Basement located on 1/2 Acre Lot on Popular Lake Kesslerwood East. This home has been updated with the look and feel of a newer home with a dramatic 2 story entry/great rm with open stairwell to upstairs loft and additional bedrooms. Home features custom kitchen w/ cherry cabinets, granite counter tops with stainless steel appliances floors, Pella windows & gas fireplace, main level Owners Suite w/ spa shower, custom closets & exterior slider door to 45x17 composite deck. 3 upstairs bedrooms w/ loft, full finished Basement w/ full size wet bar, full bath, exercise rm/5th BR/office. Plus screen porch, irrigation system, dock + more. This is a must see!
MIBOR as Distributed by MLS Grid #21442775
Nov 1, 2016
Pending
—
Oct 11, 2016
Contingent
—
Sep 13, 2016
Listed
$650,000
$128/sq ft
Public Records
May 21, 2001
Sold
$510,720
$100/sq ft
MIBOR as Distributed by MLS Grid #2039577
Apr 7, 2001
Listing Removed
—
Oct 7, 2000
Listed
$526,800
$104/sq ft
MIBOR as Distributed by MLS Grid #2103193
Jan 21, 2001
Listed
$526,800
$104/sq ft
MIBOR as Distributed by MLS Grid #2020717
Dec 24, 2000
Listing Removed
—
May 27, 2000
Listed
$499,000
$98/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,497 (+5.9%)
$120,600 + $757,500
$878,100
2024
$8,971 (+4.9%)
$120,600 + $670,900
$791,500
2023
$8,549 (+6.5%)
$120,600 + $670,900
$791,500
2022
$8,027 (+6.2%)
$120,600 + $638,100
$758,700
2021
$7,557 (−4.2%)
$98,300 + $551,500
$649,800
2020
$7,892 (+23.3%)
$98,300 + $551,500
$649,800
2019
$6,403 (+8.2%)
$98,300 + $572,700
$671,000
2018
$5,916 (+3.0%)
$98,300 + $524,200
$622,500
2017
$5,743 (+37.4%)
$98,300 + $459,300
$557,600
2016
$4,180 (+1.9%)
$98,300 + $459,300
$557,600
2015
$4,101 (−1.6%)
$98,300 + $303,600
$401,900
2014
$4,168
$98,300 + $311,900
$410,200
2013
$4,168
$98,300 + $318,600
$416,900
Public record
Public record
Zoning
Permits
Beds
5
Baths
4.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.6 Acres
Year renovated
1995
Finished Sq. Ft.
4,728
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,728
Year built
1995
Style
Single Family Residential
County
Marion County
APN
490703108004000400
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
DP
METRO
Planned Unit Development
The planned unit development district (D-P) is established for the following
purposes: To encourage a more creative approach in land and building site planning. To encourage and efficient, aesthetic and desirable use of open space. To encourage variety in physical development pattern. To promote street layout and design that increases connectivity in a
neighborhood and improves the directness of routes for vehicles, bicycles, pedestrians, and transit on an open street and multi-modal network providing multiple routes to and from destinations.
To achieve flexibility and incentives for residential, non-residential and mixed-use developments which will create a wider range of housing types as well as amenities to meet the ever changing needs of the community. To encourage renewal of older areas in the metropolitan region where new development and restoration are needed to revitalize areas. To permit special consideration of property with outstanding features, including but not limited to historical significance, unusual topography,
environmentally sensitive areas and landscape amenities. To provide for a comprehensive review and processing of development proposals for developers and the Metropolitan Development Commission by providing for concurrent review of land use, subdivision, public improvements
and siting considerations. To accommodate new site treatments not contemplated in other kinds of
districts.
Zone overlays
Metro Context Area
Mar 1, 1996 • Final
Structural permit-1-2 family-miscellaneous
Addition
Mar 1, 1996 • Final
Heating & cooling permit-1-2 family-new install
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46220
Average low and high temperatures (°F)
32
17
42
26
60
40
68
47
71
53
83
65
88
71
83
64
82
59
71
48
54
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.3 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5717 Fall Creek Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $509,900 and $1,435,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $510K to $1.4M.