Highgarden Real Estate
REALTOR ®
(317) 603-2872
Email Jamie
mobile navigation links
Highgarden

Call to Schedule a Showing

(317) 603-2872

(317) 603-2872

5504 Grassy Bank Dr, Indianapolis, IN 46237

$274,900

Charming two-story home with a well-maintained lawn, two car garage and beautiful landscaping at 5504 Grassy Bank Dr, Indianapolis, IN 46237

  • Bedrooms

    3

  • Baths

    3

  • Sq. Feet

    2034

  • Year Built

    2003

  • Days on Market

    2

  • $/SqFt

    $135

Message Agent
Schedule Tour

33 Photos

  • Charming two-story home with a well-maintained lawn, two car garage and beautiful landscaping at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Close up of the front entrance featuring a 'Welcome' mat and a decorative front door at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Inviting entryway with stylish decor and a decorative tree, leading to a beautifully decorated living area at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Bright living area with laminate flooring, a black accent wall, and stylish furnishings at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Open-concept living area featuring modern decor, ample lighting, and comfortable seating at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Cozy living room with a fireplace, projector screen, and comfortable furnishings, perfect for relaxing at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Spacious living room with neutral decor, comfortable seating, and an open view to the kitchen at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Bright and open living room with fireplace, neutral decor, and seamless flow to other living spaces at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Functional kitchen with stainless steel appliances, ample counter space, and an adjacent dining area at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Well-lit kitchen with light wood cabinetry, neutral countertops, and an open layout to dining area at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Bright kitchen with stainless steel appliances, a breakfast nook, and tile flooring at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Kitchen with tile floors, stainless steel refrigerator, wooden table with chairs, and a cat play structure at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Cozy half bathroom featuring blue painted walls, decorative wall decor, and a toilet at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Spacious living area with neutral carpet, a ceiling fan, and abundant natural light at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Large living room featuring neutral carpet, a ceiling fan, and multiple seating areas at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Spacious living room with neutral carpet, a ceiling fan, and abundant natural light at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Comfortable bedroom featuring neutral carpet, a ceiling fan, and a plush bed at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Comfortable bedroom featuring neutral carpet, a ceiling fan, and a plush bed at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Bathroom featuring vinyl floors, a large vanity, and a tub-shower combo at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Bedroom featuring neutral carpet, grey walls, and a queen-sized bed at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • This vibrant bedroom features a ceiling fan and a window allowing for ample natural light at 5504 Grassy Bank Dr, Indianapolis, IN 46237
More Photos \/
  • This bright bathroom features a single sink vanity and a shower with a polka-dot shower curtain at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • This laundry room features a washer, a dryer, storage shelves, and linoleum flooring at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Relax in this backyard on the wood deck with an umbrella table set and a grassy area at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • This backyard features a trampoline, a firepit, and a white fence lining the perimeter at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • This backyard features a wood deck, a lawn, a firepit, and a fence for privacy at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • This backyard features a wood deck, lawn, and privacy fence for outdoor enjoyment at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Landscaped community entrance with brick columns and a sidewalk leading to amenities at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Community playground with swings, slides, and benches surrounded by lush greenery at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Enjoy community green space with a walking path for outdoor recreation and relaxation at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Scenic pond view surrounded by lush greenery and lovely homes; perfect for nature lovers at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Picturesque pond view with beautiful surrounding homes, offering a serene living environment at 5504 Grassy Bank Dr, Indianapolis, IN 46237
  • Inviting community entrance sign,
Less Photos /\

Tour This Home

Tue
1 Jul
Wed
2 Jul
Thu
3 Jul
Fri
4 Jul
Sat
5 Jul
Sun
6 Jul
Mon
7 Jul
Schedule Tour

Home Description

Look no further!! This Beautiful Home in Franklin Township is the one you've been waiting for. Nestled in Water's Edge Subdivision this home has plenty of room to spread out. The lower level offers a nicely updated Kitchen with stainless steel Appliances, Huge Living Room with Movie Projector, Perfect Workspace in the Office, and a Half Bath. Upstairs enjoy a second living space in the Oversized Loft, Huge Primary Suite, 2 Large Spare Bedrooms, and Laundry Room. Outside relax on the deck in the fully fenced backyard. Take a stroll in Edgewood Park, a nearby Wildlife Refuge, or enjoy a day at Water's Edge Playground. Great location close to shopping and restaurants. Don't let this one get away!

  • Property Type: Single Family
  • Style: TraditonalAmerican
  • Garage Spaces: 2
  • Acres: <1/4 Acre
  • Lot Description: Mature Trees,Sidewalks,Storm Sewer,Street Lights
  • Siding: Vinyl Siding
  • Patio & Porch: Deck Main Level
  • Fencing: Fence Full Rear

Available now at $274,900

Approximate Room Sizes / Descriptions

Living Room15x17Main
Kitchen13x16Main
Office14x15Main
Laundry5x8Upper
Loft15x18Upper
Primary Bedroom16x12Upper
Bedroom 210x13Upper
Bedroom 315x10Upper
  • Interior Description: Attic Access,Eat-in Kitchen,Pantry,Raised Ceiling(s),Walk-in Closet(s),Windows Vinyl
  • Full Baths: 2
  • Half Baths: 1
  • Num Fireplaces: 0
  • Primary Bedroom Description: Closet Walk in
  • Appliances: Dishwasher,Dryer,Gas Oven,Gas Water Heater,Microwave,Refrigerator,Washer,Water Softener Rented
  • Eating Area: Dining Combo/Kitchen
  • Heating: Forced Air,Natural Gas
  • : ResultsJillian@gmail.com

Neighborhood

The average asking price of a 3 bedroom Indianapolis home in this zip code is $291,656 (6.1% more than this home).

This home is priced at $135/sqft, which is 19.7% less than similar homes in the 46237 zip code.

Map | Street | Birds Eye

Print Map | Driving Directions

School Information

  • School District:Franklin Township Com Sch Corp

Financial

  • Approx Payment:$1,366*
  • Semi Annual Taxes:$1,211

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 603-2872 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Broad Ripple
$466,360
$364,900
25
0.0%
36.0%
43

Butler Tarkington
$323,411
$329,450
18
0.0%
50.0%
140

Downtown Indianapolis
$344,950
$239,950
26
0.0%
65.4%
320

Fountain Square
$375,972
$354,450
40
0.0%
57.5%
66

Irvington
$261,223
$211,000
94
0.0%
50.0%
78

Meridian Kessler
$585,025
$494,450
48
0.0%
52.1%
48

Listing Courtesy of RE/MAX Real Estate Prof. For information or to schedule a viewing of this property (MLS# 22047641), call: 317-603-2872

5504 Grassy Bank Dr, Indianapolis IN is a single family home of 2034 sqft and is currently priced at $274,900 . This single family home has 3 bedrooms. A comparable home for sale at 3226 Keystone Lakes Way in Indianapolis is listed at $260,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Farhill Downs, Bluff Manor and Villas At Franklin Crossing are nearby neighborhoods. MLS 22047641 has been posted on this site since 6/30/2025 (today).

2025

Message Agent

Send

Schedule a tour

5504 Grassy Bank Dr Indianapolis IN 46237

Choose a day and time

You Requested

We'll be in touch shortly to confirm your tour time and other details. Please let us know how to reach you.

Schedule Tour

CLOSE

Your message has been sent!

The agent will be in touch with you in just a minute.