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$280,000
New Listing

5228 Waterton Lakes Drive
Indianapolis, IN 46237

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
1,596
SqFt
$175
/SqFt
1999
Built
Subdivision:
Thompson Park
County:
Marion
Listing courtesy of Ever Real Estate, LLC (317) 460-4230
Call Now: (317)669-1745
Is this the listing for you? We can help make it yours.
(317)669-1745
5228 Waterton Lakes Drive5228 Waterton Lakes Drive5228 Waterton Lakes Drive5228 Waterton Lakes Drive
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Welcome home to this beautifully updated 4-bedroom home located in Franklin Township School District in Indianapolis, Indiana, offering the perfect combination of space, modern updates, and move-in-ready convenience – all at $280,000. Step inside to a bright, welcoming interior featuring all-new flooring, fresh paint, and updated fixtures throughout. The spacious floor plan provides plenty of room for everyday living, entertaining, a home office, or additional flex space. With four bedrooms, this home offers the versatility today's buyers are looking for. Outside, you'll love the fully fenced backyard, providing plenty of room for pets, play, gardening, or outdoor entertaining. Enjoy evenings on the back patio, host summer cookouts, or simply relax in your own private outdoor space. Located in the desirable Franklin Township area of Indianapolis, this turnkey home offers convenient access to shopping, dining, schools, parks, and major commuter routes.

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Listing Snapshot
Price 
$280,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
1,596 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
0.17 Acres
Year Built 
1999
MLS® Number 
22129589
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$178 Semi-Annually
Sq Ft Source 
N/A
Friends & Family
Recent Activity
16 hours agoListing first seen on site
16 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.17
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Levels 
Two
Parking 
Attached
Property Sub Type 
Single Family Residence
SqFt Total 
1596
Style 
Traditional
Utilities 
Cable Available
Water Source 
Public
Interior Features
Appliances 
DishwasherDryerElectric Water HeaterDisposalElectric OvenWasher
Cooling 
Central Air
Heating 
Forced AirElectric
Interior 
Walk-In Closet(s)Eat-in KitchenEntrance FoyerPantry
Laundry Features 
Main Level
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Exterior Features
Construction Details 
Vinyl Siding
Fencing 
Full
Patio And Porch 
Porch
Community Features
Association Fee 
$178.0
Association Fee Frequency 
Semi-Annually
MLS Area 
4906 – Marion – Franklin
School District 
Franklin Township Com Sch Corp
Township 
Franklin
Horse Property 
None
Schools
School District
Franklin Township Com Sch Corp
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Ever Real Estate, LLC (317) 460-4230



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-10-04 04:50 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
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Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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