7946 Mill Stream Circle

Indianapolis, IN
$ 1,590,000 Beds 5 Baths 5.5 Sq 10,264 Virtual Tour
Monthly Estimate* How much can I afford?

Lifestyle and opportunity awaits with this custom Leonard Watson Estate, set on 3.18 private, wooded acres along a meandering creek just north of Eagle Creek Park, a setting that feels worlds away while remaining close to everything. Engineered to last generations, the home rises from a framework of 22 steel beams anchored in bedrock, finished by top area artisans with an eye toward quality at every turn. Inside, solid mahogany wood molding, imported European light fixtures, and limestone fireplaces create an atmosphere that is warm, refined, and entirely its own. The gourmet kitchen has been thoughtfully refreshed, featuring a Viking Pro range, granite countertops, a new dishwasher, and freshly painted cabinetry that brings a clean, renewed elegance to the heart of the home. The master bedroom suite offers a private balcony among the treetops alongside a hidden passage to the library, with beautifully repainted closets that echo the same careful attention to detail found throughout. Outside, stone patios, a saltwater swimming pool recently upgraded with a new high-efficiency filtration system, a koi pond, and manicured gardens make the most of the natural surroundings. Generous green space invites the possibility of a putting green or any outdoor vision you may hold. The walkout lower level has been beautifully reimagined with fresh paint, new crown molding, and new flooring, polished, refined, and ready to receive whatever vision you bring to it. Imagine mornings on the treetop balcony with coffee in hand, evenings by the fire as the creek murmurs beyond the glass, weekends spent in the garden or poolside beneath a canopy of mature trees. This is the kind of home that doesn't just shelter life, it shapes it. A place where every detail was chosen with intention, and every day feels like it belongs to you entirely.

Active

  • Price
  • $ 1,590,000
  • City
  • Indianapolis
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • MARION
  • Half Bathrooms
  • 1
  • Area
  • Pike
  • Lot Size
  • 3.18 Acres
  • Zip
  • 46278
  • Sqr Footage
  • 10,264
  • Year Built
  • 1997
  • Taxes
  • $ 14342
  • Style
  • Traditional
  • MLS#
  • 22096480
Listed By: Daniel Magley with Indy's Performance Team Realty;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Zoned,Forced Air,Natural Gas
Cooling Central Air
Utilities Cable Available,Natural Gas Connected,Septic System
Possession Closing
Appliances Dishwasher,Dryer,Disposal,Gas Water Heater,Exhaust Fan,Microwave,Gas Oven,Refrigerator,Washer,Water Softener Owned
HOA Fee 3600
Garage Spaces 4
Association Fee Includes Entrance Common,Insurance,Nature Area,Snow Removal
Patio/Porch Features Deck,Patio
Architectural Style Traditional
Pool Features Heated,In Ground,Outdoor Pool,Waterfall
Construction Materials Brick,Stone
Year Built 1997
View Neighborhood,Pond,Pool,Trees/Woods
Township Pike
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Creek
Additional Parcels Description L12,L13
Assoc Fee Paid Per Annually
County Marion
New Construction No
Property Type Residential
Association Amenities Insurance,Snow Removal
HOA Yes
Subdivision Name Mill Pond
Garage Y/N Yes
Total Rooms 17
Full Baths 5
Status Active
Directions GPS Friendly
High School Pike High School
City Indianapolis
High School District MSD Pike Township
MLS Area 4902 - Marion - Pike
Lot Size Square Feet 138520
Property Attached Y/N No
Additional Parcels Y/N Yes
Standard Status Active
Tax Lot L11,L12,L13
Legal Description Mill Pond L11,L12,& L13

Interior Features

Interior Amenities Breakfast Bar,High Ceilings,Tray Ceiling(s),Kitchen Island,Dumbwaiter,Entrance Foyer,Hi-Speed Internet Availbl,In-Law Floorplan,Eat-in Kitchen,Pantry,Wired for Sound,Walk-In Closet(s),WoodWorkStain/P
Basement Ceiling - 9+ feet,Daylight,Exterior Entry,Finished Ceiling,Finished Walls,Full,Interior Entry,Storage Space,Walk-Out Access
Total Fireplaces 5
Fireplace Features Basement,Library,Kitchen,Living Room,Primary Bedroom
Basement (Y/N) Yes
Half Baths 1
Laundry Features Main Level
Total Bedrooms 5
Below Grade Finished Area 3301
LivingAreaSource Assessor
Total Baths 6

Exterior Features

Exterior Amenities Balcony,Sprinkler System,Water Feature Fountain
Parking Features Attached
Lot Features Cul-De-Sac,Mature Trees,Wooded
Water Source Well,Private
Foundation Details Concrete Perimeter
Building Area Total 10264
Lot Size Acres 3.18
Waterfront Y/N Yes
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Pike High School

Price History

4/30/2026 Listed $1,790,000
6/18/2026 12% - $1,590,000

Property vs Zip Code Average in 46278

Price
AVG $730K
$1.59M
Taxes
AVG $6,268
$14,342
Year Built
AVG 1990
1997
Visits
AVG 45
36
Data Provided by Inside Real Estate®

7946 Mill Stream Circle Indianapolis, IN is a Single Family Home for sale at $1590000 with 10264 sqft and a lot size of 3.18 Acres Acre(s). 7946 Mill Stream Circle Indianapolis has 5 bedrooms, 5 baths and was built in 1997. The property's zip code is 46278 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.