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  • $424,900

    5408 E Shae Lake Dr, Mooresville, IN 46158

    3beds
    1,713sqft
    Residential, Single Family Residence
    Built in 2025
    6,534 Square Feet Lot
    $425,000 Zestimate®
    $248/sqft
    $2,188 Estimated rent

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    $2,188/mo

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    $2,188/mo

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    $2,561/mo

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    $2,561/mo

    Est. payment

    What's special

    Welcome to a truly unique opportunity offering the best of both worlds - Condo-Style convenience with the freedom of lot ownership! Choose from "move-in ready" spec homes for immediate possession or select your own lot and design your dream home with a trusted Custom home builder. Each home offers all-brick construction, 9' ceilings, solid 3'0 interior doors, custom cabinetry, some ADA and numerous high-end features included in the base price - no hidden upgrades! With multiple floor plans available, you're sure to find one that suits your lifestyle, whether you're looking to downsize or expand. 2-3 Bedrooms and 2-3 Car Garage plans available. This thoughtfully designed neighborhood emphasizes carefree living with a comprehensive HOA package that covers lawn care, snow removal, common area upkeep, and more. Say goodbye to weekend yard work and hello to more time enjoying the community! Commons area includes 2 Stocked Ponds, Clubhouse w/Exercise Room, Full Kitchen, Pool table/ping pong game rooms, Library/Reading room and more. Scenic sidewalks around the lakes and entire neighborhood - perfect for outdoor walks, jogs, or bike rides. Located minutes from shopping, medical facilities, dining, the airport, and major highways. Whether you're looking to move quickly or plan your perfect build, this neighborhood offers unmatched flexibility, quality, and value in Central Indiana. Homes are crafted with attention to detail and comfort. Schedule a tour today or inquire about available lots and custom home plans - your low-maintenance lifestyle awaits!

    Zillow last checked: 7 hours ago

    Listing updated: October 15, 2025 at 03:01pm

    Listing Provided by:

    Debbie Cox 317-258-0638,

    Carpenter, REALTORS®

    Bought with:

    Nancy Warfield

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 21995943MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 374 Square Feet
    • Dimensions: 17x22
    Bedroom 2
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 14x10
    Bedroom 3
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 14x10
    Dining room
    • Features: Luxury Vinyl Plank
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 12x09
    Great room
    • Level: Main
    • Area: 300 Square Feet
    • Dimensions: 15x20
    Kitchen
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Laundry
    • Level: Main
    • Area: 63 Square Feet
    • Dimensions: 09x07
    Sun room
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 15x11
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Water Heater, Water Heater, Other
    • Laundry: Laundry Room, Main Level
    Features
    • Attic Access, Breakfast Bar, High Ceilings, High Speed Internet, Eat-in Kitchen, Pantry, Walk-In Closet(s)
    • Has basement: No
    • Attic: Access Only
    Interior area
    • Total structure area: 1,713
    • Total interior livable area: 1,713 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Concrete, Garage Door Opener, Guest
    • Attached garage spaces: 2
    • Details: Garage Parking Other(Finished Garage, Garage Door Opener, Guest Street Parking, Keyless Entry)
    Accessibility
    • Accessibility features: Hallway - 36 Inch Wide, Accessible Doors, Accessible Entrance, Handicap Accessible Interior
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Lighting, Sprinkler System
    • Has view: Yes
    • View description: Neighborhood, Pond, Water
    • Has water view: Yes
    • Water view: Pond,Water
    • Waterfront features: Pond, Water View, Waterfront
    Lot
    • Size: 6,534 sqft
    • Features: Close to Clubhouse, Access, Sidewalks, Street Lights
    Details
    • Parcel number: 550232275016000015
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick
    • Foundation: Block
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2025
    Details
    • Builder name: Shae Company

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Low Maintenance Lifestyle
    Location
    • Region: Mooresville
    • Subdivision: Lakeside Commons

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $200 monthly
    • Amenities included: Clubhouse, Exercise Course, Fitness Center, Insurance, Maintenance, Snow Removal, Trash
    • Services included: Association Builder Controls, Association Home Owners, Clubhouse, Common Cooling, Common Heat, Sewer, Entrance Common, Exercise Room, Insurance, Lawncare, Maintenance, Nature Area, Snow Removal, Trash
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    Estimated market value
    $425,000