12954 Water Ridge Drive, Fishers, IN 46055 · $875,000 · Sold

Here's 12954 Water Ridge Drive in Fishers, IN 46055. This listing is closed, but I can still walk you through the details.

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Photo of 12954 Water Ridge Drive, Fishers, IN

Sold — 12954 Water Ridge Drive, Fishers, IN 460551 / 1

Quick read on the numbers:

$875,000$1,000,000

Sold

Beds

Baths

Sq ft

5,488

Built

1996

Acres

0.37

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 19% below list in 145 days
Fireplace
Finished basement (2,744 sqft)
4-car garage
Springs Of Cambridge subdivision

From the listing

Back on the market! Come see this awesome brick ranch with over 5000 square feet and walkout lower level. Fabulous kitchen with hearth room, Corian countertops double ovens with 6 burner cooktop. Primary suite walks out to deck. 2 additional bedrooms and full bath on main level. Lower level has 2 bedrooms, full bath, workout room, huge recreation room with bar and pool table. Huge 3/4 car garage with tandem on right side, single overhead door and a large workshop. Bonus room on upper level above garage. Beautiful deck and backyard. A deeded boat dock is included. Chapparal boat is available. Most of the items still in the house may be included with the purchase price except for personal pictures/items. Possession at closing.

A few highlights from the feature list:

Interior

Attic Access

I'll break the details down — open any section that matters.

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$816,400

Land Value

$240,400

Land$240,400

29% of total

Improvement Value

$576,000

Improvements$576,000

71% of total

Annual tax · 2024: $8,250
Exemption: Homestead

This home has sold:

Sold

$815,000

-$185,000 below list (-18.5%)

Closed: Jul 7, 2025
Listed at: $1,000,000
Sold: 10 months ago
Sold in: 145 days

Price history

Sold$815,000
Jul 7, 2025
Price reduced$899,000 → $875,000
Mar 16, 2025
Listedat $1,000,000
Nov 22, 2024

Springs Of Cambridge · activity

past 6 months

Sold: 9
Median price: $930,000
Median DOM: 32 days

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

Comparative value

5 comps in this range

This home is 4.5% above median for similar nearby sales.

$465K$2.3MMedian $780K

$815K

A few places to dig deeper:

Springs Of Cambridge Hamilton Southeastern Schools

MLS# 22012752