5040 Allisonville Road #E | MLS #MBR22075560

Listing provided courtesy of Shobe & Boards Co., REALTORSMLS# MBR22075560

PRICE REDUCED! This condominium offers an inviting home that is ready to move in. The allure of this property is magnified by its water aspect, where the gentle reflections dance and shimmer, creating a serene backdrop to daily life. Imagine the calming effect of this vista, providing a tranquil escape from the hustle and bustle. With a lot area of 3306 square feet, this condominium, constructed in 1965, presents a unique opportunity to own a piece of Indianapolis history. This condominium offers an opportunity to embrace a lifestyle of comfort and convenience. Priced to sell with all hardwood flooring in all rooms. Beautiful lake view from living room and outdoor balcony. Priced to sell!

Source: MIBOR, MLS#: MBR22075560

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Property Type

Residential
Lot

0.08 acres

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Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5040 Allisonville Road #E

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
2/3/2026Source: MIBOR	Price Reduction	$124,900 -3.9%
12/3/2025Source: MIBOR	Added to Database	December 03, 2025