$4,453 Closing Credit¹
#22030912, Amanda Bick, Listing office: Keller Williams Indy Metro NE
$428,000 List price
3403 Island Way Indianapolis, IN 46214
$5,083
Closing credit¹
2 beds
2 full
1,416 sqft
0.2 acres
$302 / sqft
House
Property details
About 3403 Island Way
Welcome to one of the most exceptional homes on the lake in The Islands - a rare opportunity to own a waterfront gem with approximately 120 feet of lake frontage, one of only three lots like it! Enjoy breathtaking sunsets and water views from nearly every room in the house. This beautifully maintained home features 2 bedrooms plus a versatile flex room, perfect for a 3rd bedroom, office, or hobby space. You'll find three large sliding doors leading to an expansive wood deck overlooking the lake, perfect for entertaining or quiet relaxation. The 2.5-car garage is fully insulated and drywalled, including insulated overhead doors, making it ideal for year-round use. The exterior is professionally landscaped, and the property includes two private docks-one for your boat and one for guests. Inside, enjoy luxury finishes like custom cabinetry and a tiled walk-in shower in the primary suite. A custom nautical-themed fireplace mantle adds charm and character to the great room. Recent updates include; New roof and skylight (2024), Energy-efficient doors and fold-out windows for easy maintenance, freshly painted outdoor trim (2023) and indoor trim (2024), New dimmable recessed lighting (2024) in the kitchen and great room, USB-outfitted electrical outlets (2024) in every room (except kitchen, bath, and garage), Custom entertainment center in the living room, built-in sound system in the office, primary bedroom, great room, kitchen and deck. Whether you're hosting lakeside gatherings or enjoying a peaceful retreat, this home offers the serenity of waterfront living with the convenience of city life. Don't miss your chance to own this one-of-a-kind lakeside paradise!
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusActive
Size1,416 sqft
Lot size0.17 Acres
Year built1990
MLS #22040548
FireplaceGreat Room, Woodburning Fireplce
Summary
- Full Bathrooms: 2
- Appliances: Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave Hood, Microwave, Double Oven, Electric Oven, Refrigerator
- Basement: No
- Interior: Attic Pull Down Stairs, Built In Book Shelves, Vaulted Ceiling(s), Hi-Speed Internet Availbl, Eat-in Kitchen, Skylight(s), Surround Sound Wiring, Walk-in Closet(s), Windows Thermal
- Fireplace: Great Room, Woodburning Fireplce
- Total Bedroom Count: 2
- Architectural Style: Ranch
- Heating: Electric
- List Price: $428,000
- Price/SqFt: $302
- HOA Amount: $409 Annually
- Annual Tax Amount: $2,512
- Tax Year: 2023
- Directions: 136 to Dandy Trail (Crawfordsville Rd). Turn east on to Oceanline Dr. Follow around curve to right on 3403 Island Way.
- Year Built: 1990
- Living Area: 1,416 SqFt
- Lot Size: 0.17 Acres
- MLS Number: 22040548
- MLS Name: MIBOR
- Office Name: Sold It Realty Group
- Office Email: lori@lorisoldit.com
- Listing Agent: Lori Redman
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Last updated on: 6/5/2025, 11:46:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$428,000
3403 Island Way
$5,083
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $216,000 | $2,512 |
| 2022 | $201,500 | $2,360 |
| 2021 | $165,800 | $2,073 |
| 2020 | $158,000 | $2,030 |
| 2019 | $148,400 | $1,637 |
History based on county public records data.
Nearby schools
3
North Wayne Elementary School
Public District KG-6
0.8 mi
•6950 W 34th St
6
Robey Elementary School
Public District KG-6
1.1 mi
•8700 W 30th St
3
Lew Wallace Elementary School 107
Public District KG-6
1.5 mi
•3307 Ashway Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,205. The most common annual income of people living in Indianapolis, IN is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
52%
<35k
40%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
66%
Single, No Kids
17%
Single, with Kids
11%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
44%
18-34 yrs old
32%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
NBA/WNBA
UFC
Where do the neighbors shop?
Burlington
Express/Express For Men
Family Dollar
Where do the neighbors go to eat?
Cicis Pizza
Starbucks
Burger King
What do the neighbors drive?
Pontiac
Buick
Infiniti
What do the neighbors listen to?
Urban Contemporary
Rock
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3403 Island Way
The listing price of 3403 Island Way property is $428,000.
The property 3403 Island Way is a house located in Indianapolis, Indiana, 46214.
Active Listing: 3403 Island Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3403 Island Way are: North Wayne Elementary School (GreatSchools Rating 3/10), Robey Elementary School (GreatSchools Rating 6/10), Lew Wallace Elementary School 107 (GreatSchools Rating 3/10), Enlace Academy (GreatSchools Rating 2/10), Northwest Middle School (GreatSchools Rating 3/10), Chapel Hill 7th & 8th Grade Center (GreatSchools Rating 3/10), Excel Center - Lafayette Square (GreatSchools Rating 2/10), Ben Davis High School (GreatSchools Rating 3/10), Speedway High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $2,512 (source: MLS/based on county public records data).
The property at 3403 Island Way has 2 bedrooms and 2 bathrooms.
The property 3403 Island Way is 1,416 SqFt (source: MLS/tax record).
The year of construction for 3403 Island Way is 1990.
This home is located at 3403 Island Way in Indianapolis, IN and zip code 46214 in the Key Meadows neighborhood. This 1,416 square foot home, which was built in 1990, sits on a 0.17 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 24, 2025 and is currently priced at $428,000.
In May 2025, from all listings sold in Indianapolis, IN there were more than 300 sold above asking price, over 544 sold below and more than 315 were sold right at the asked price. The number of homes for sale in Indianapolis, IN increased by 3.7% between April and May 2025. In May 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $250,180.
From Rocket Homes Real Estate and based on county public records data.