10707 Compass Court, Indianapolis, IN 46256

$1,000,000
4
BD
4
BA
3,948
SqFt

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List Price
$1,000,000
Mandatory Fee
$525
Mandatory Fee Paid
Annually
MLS#
22092725
Property Type
Residential
Bedrooms
4
Bathrooms
4
Sqft. of Residence
3,948
Year Built
1981
Days on Market
1
Status
ACTIVE

Property Description

LAKEFRONT LIVING AT ITS BEST! This exceptional 4-bedroom, 3.5-bath ranch in desirable Masthead offers stunning water views, a private dock and an incredible setting on a mature, wooded half-acre cul-de-sac lot. With approximately 3,770 sq. ft. of finished living space, this home offers an ideal blend of comfortable living spaces, thoughtful updates and resort-style amenities. The spacious great room features a cathedral ceiling, hardwood floors and fireplace, while the kitchen offers a center island, breakfast bar, pantry and adjoining breakfast room. A sunroom provides the perfect spot to relax and take in the peaceful surroundings, and the main-level primary suite offers a walk-in closet and direct access to a private deck. The primary bath includes a separate shower and whirlpool tub, with the shower recently remodeled. Heated floors in all full bathrooms add an extra touch of comfort. Outdoor living is truly exceptional with multiple decks overlooking the lake. The deck off the primary suite was completely redone in 2026, while the multi-level deck on the opposite side of the home was power washed and re-stained in 2025. Enjoy boating and lakefront recreation from the included dock with solar-powered boat lift. Additional amenities include a sauna, finished basement with flexible living space, two-car attached garage and generator for added peace of mind. Recent improvements include fresh ceiling paint in multiple rooms, updated primary shower, renovated primary deck and more. This unique lakefront property combines privacy, convenience and an unmatched lifestyle-perfect for enjoying peaceful mornings on the water and entertaining family and friends.

Additional Information

Basement
Finished Ceiling, Finished Walls
Foundation
Concrete Perimeter
Number of Fireplaces
1
Fireplace Description
Great Room, Masonry, Living Room
Stories
One
Architecture
Ranch
Equipment
Generator, Radon System, Security System, Smoke Alarm, Sump Pump
Interior
Bath Sinks Double Main, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Kitchen Island, Central Vacuum, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Sauna, Walk-In Closet(s), Wood Work Painted, Vaulted Ceiling(s), Wet Bar
Exterior Amenities
Storage Shed
Acres
0.50
Heat
Zoned, Forced Air, Natural Gas
Cooling
Central Air
Financing
Conventional, FHA, VA
Appliances
Gas Cooktop, Dishwasher, Disposal, Microwave, Double Oven, Refrigerator, Wine Cooler, Gas Water Heater, Water Softener Owned, Bar Fridge
Mandatory Fee Includes
Maintenance, Security, Snow Removal
Semi-Annual Taxes
$5,219
Garage
Yes
Region
Lawrence
Eating Areas
Breakfast Room, Formal Dining Room

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway Home.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative