3403 Island Way

Off Market

3403 Island Way

Indianapolis IN 46214

1416 sq. ft.

7244 sq. ft.

Single-Family

Last sold for $419,000

Lori Redman, last sold this property on 15 August 2025 after 82 days on market.

Overview

Welcome to one of the most exceptional homes on the lake in The Islands - a rare opportunity to own a waterfront gem and feel like you are on vacation 24/7 - 365, 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 and feel like you're on vacation every day!

Features

2 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

1416 sq. ft. floor area

7244 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 3403 Island Way is $219.5k.

Median value

$219.5k

Estimated value range

$126k - $419k

Median days on market

Estimated value trend

-4%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3403 Island Way

2025

Sold

$419,000

15 Aug 2025 by Lori Redman, of Sold It Realty Group

Happy sellers in Indianapolis

94%

94% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Indianapolis over the last 12 months.

Local market activity for 2 bedroom single-family properties in Indianapolis

In the last 12 months, 21 two-bedroom single-family properties similar to 3403 Island Way, have been sold.

This represents a 50% decrease in two-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Indianapolis for a market analysis.

Carrie Gano

(36 reviews)

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Frank W. Tinsley

at Highgarden Real Estate

(98 reviews)

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Shelley Hansell

at Keller Williams Indy Metro NE

(15 reviews)

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Nikita Crawford

at JNA REALTY LLC

4.8

(5 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Indianapolis

Carrie Gano

Carrie Gano is a recommended agent for Indianapolis. They have 1 local sale and collected 2 local reviews across the last 12 months.

5 (36 reviews)
2 Reviews in Indianapolis
1 Sale in Indianapolis

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Frank W. Tinsley

Sellers who recommend Frank W. Tinsley have praised them for being local expert, responsive, clear communication, detail-oriented, friendly, patient, and supportive