new - 6 days on rocket

5227 Lakemanor Dr, Indianapolis, IN, 46254

$240,000

Home List Price

$2,850*

Closing Credit

3 Bedrooms
2 Full Baths
1,252 SqFt
$192/SqFt
House

Location

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5227 Lakemanor Dr, Indianapolis$240,000

Buyer Closing Credits

$2,850*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2000
HeatingForced Air
CoolingCentral Air
FireplaceGreat Room, Woodburning Fireplce
MLS #22015798
Lot Size0.15 Acres
StatusActive

About 5227 Lakemanor Dr

This recently updated 3 bedroom 2 bath home is amazing! Walk through the front door into the spaciously inviting entry and you will immediately feel the cozy warmth of this home. Venture into the Great Room with soaring ceilings and wood burning fireplace and you will want to make this house your next home. The updated kitchen includes beautiful granite counter tops, new sink, as well as brand new stainless steel range, micro hood and dishwasher. You will love the view out the full sized sliding glass door. The 3 bedrooms come with large closets and new carpeting. Both bathrooms also have several elegant upgrades. Check out the new Luxury Vinyl Plank flooring in several areas as well as fresh paint and you have a spectacular move in ready home.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, TraditonalAmerican
  • Year Built: 2000
  • Living Area: 1,252 SqFt

Listing Office:

  • Office Name: Keller Williams Indpls Metro N
  • Office Email: daveallenrealtor@gmail.com
  • Listing Agent: David Allen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave Hood, Electric Oven
  • Basement: No
  • Interior: Cathedral Ceiling(s), Eat-in Kitchen, Screens Complete, Walk-in Closet(s), Windows Vinyl
  • Fireplace: Great Room, Woodburning Fireplce

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Lafayette Rd to 52nd St, turn right on Lakeside Manor Blvd, turn left on Lakeside Manor Ave, turn right on Lakemanor Dr., the home will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $240,000
  • Price Per SqFt: $192/SqFt

HOA Fees:

  • Amount: $235
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,540
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$249.2K

Med. Price/SqFt

$140

Avg. Days On Market

41

# of Sold Homes

866

5227 Lakemanor Dr vs Indianapolis

6 DAYS ON ROCKET

-35 Days

$240,000

-$9.2K Less

$192/SqFt

+$51 More

KEY TAKEAWAY

This property is $9.2K less than the Median Sold Price and $51/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22015798

Listing Office:

  • Office Name: Keller Williams Indpls Metro N
  • Office Email: daveallenrealtor@gmail.com
  • Listing Agent: David Allen

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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 ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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Last updated on: 1/2/2025, 6:16:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 18, 2011Home Sold
$136,215

Tax History

YEARPROP. TAXASSESSMENT
2020$2,540$135,200
2019$2,380$127,000
2018$2,137$115,100
2017$2,023$103,000

History based on county public records data.

Payment Calculator

$1,284

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-20871
4
/10
  • Deer Run Elementary School

  • 5401 N High School Rd

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-20872
2
/10
  • Snacks Crossing Elementary School

  • 5455 W 56th St

  • 0.70 miles

  • Public District Grades KG-5

school-card-donut-20873
4
/10
  • Eagle Creek Elementary School

  • 6905 W 46th St

  • 1.00 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,797. Most Indianapolis, IN residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5227 Lakemanor Dr

What is the listing price of this property?

The listing price of 5227 Lakemanor Dr property is $240,000.

What type of property is this?

The property 5227 Lakemanor Dr is a house located in Indianapolis, Indiana, 46254.

Is this property for sale now?

Active Listing: 5227 Lakemanor Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,540 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 18, 2011 for $136,215. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5227 Lakemanor Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5227 Lakemanor Dr is 1,252 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5227 Lakemanor Dr is 2000.

Rocket HomesIndianaMarion CountyIndianapolis462545227 Lakemanor Dr

This home is located at 5227 Lakemanor Dr in Indianapolis, IN and zip code 46254 in the Lakeside Manor West neighborhood. This 1,252 square foot home, which was built in 2000, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $240,000.

Over 140 listings were sold over their listed price in December 2024 in Indianapolis, IN. In the same period over 493 listings were sold below the listed price and 233 listings were sold for the listed price. Between November 2024 and December 2024, Indianapolis, IN real estate market has seen decrease in the number of listings by 10.1%. In December 2024 median list price was $249,280 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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