Price Reduction
Address
5415 Grassy Bank Drive, Indianapolis, IN
Price
$ 341,000
Property Attributes
- MLS#22122710
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CityIndianapolis
- AreaFranklin
- NeighborhoodWaters Edge
- Zip46237
- StyleTraditional
- Year Built2004
- Taxes$ 3114
- Price$ 341,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage2798
- Lot Size0.18 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
Welcome to this spacious and well-maintained Spacious 4 bed, 2.5 bath, 2,800 sq ft home in Franklin Township with top schools and easy Indianapolis commute. Oversized primary suite complete with a walk-in closet and a private bath featuring a full tub and shower. This two-level home features a functional and inviting layout designed for both everyday living and entertaining. The main level showcases durable laminate flooring throughout, with multiple living areas including a generously sized living room and a separate family room, providing flexibility for relaxation or hosting guests, a huge loft, eat-in kitchen, formal dining, main-level office, and fenced yard with patio and gazebo. Step outside to enjoy the fully fenced backyard, offering plenty of space for outdoor activities, pets, or entertaining. The open patio and gazebo create a great setting for relaxing evenings or weekend gatherings. All appliances stay. Located within Franklin Township schools and just minutes from shopping, dining, and everyday conveniences, this home offers the perfect blend of space, comfort, and location.
| Elementary School |
|---|
| New Bethel Elementary |
| Price History | |
|---|---|
| 8/27/2026 | Listed $345,000 |
| 9/8/2026 | 2$341,000 |
General Features
| Heating | Forced Air,Natural Gas |
|---|---|
| Cooling | Central Air |
| Possession | Closing |
| Appliances | Electric Cooktop,Dishwasher,Dryer,Disposal,Gas Water Heater,Microwave,Electric Oven,Refrigerator,Washer |
| HOA Fee | 290 |
| Garage Spaces | 2 |
| Patio/Porch Features | Gazebo |
| Architectural Style | Traditional |
| Security Features | Smoke Detector(s) |
| Construction Materials | Brick,Vinyl With Brick |
| Year Built | 2004 |
| Township | Franklin |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Assoc Fee Paid Per | Annually |
| County | Marion |
| New Construction | No |
| Property Type | Residential |
| HOA | Yes |
| Subdivision Name | Waters Edge |
| Garage Y/N | Yes |
| Total Rooms | 11 |
| Full Baths | 2 |
| Status | Active |
| Directions | GPS Friendly |
| City | Indianapolis |
| High School District | Franklin Township Com Sch Corp |
| MLS Area | 4906 - Marion - Franklin |
| Lot Size Square Feet | 7711 |
| Elementary School | New Bethel Elementary |
| Property Attached Y/N | No |
| Standard Status | Active |
| Tax Lot | 491502109007000300 |
| Legal Description | Waters Edge At Cummins Farm Sec 1 L 3 |
Interior Features
| Interior Amenities | Attic Access,Bath Sinks Double Main,Breakfast Bar,High Ceilings,Entrance Foyer,Paddle Fan,Wired for Data,Pantry,Walk-In Closet(s),Kitchen Island |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Features | Family Room,Gas Log,Living Room |
| Basement (Y/N) | No |
| Half Baths | 1 |
| Laundry Features | Connections All,Laundry Room,Main Level |
| Total Bedrooms | 4 |
| LivingAreaSource | Assessor |
| Total Baths | 3 |
Exterior Features
| Fencing | Fence Complete |
|---|---|
| Parking Features | Attached |
| Water Source | Public |
| Foundation Details | Slab |
| Building Area Total | 2798 |
| Lot Size Acres | 0.18 |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 46237
Price
Taxes
Year Built
Visits
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Last Updated: September 11, 2026 10:44 AM UTC
