395 Breakwater Drive, Fishers, IN 46037 · $2,850,000 · Sold

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Here's 395 Breakwater Drive in Fishers, IN 46037. This listing is closed, but I can still walk you through the details.

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Backyard at 395 Breakwater Drive, Fishers, IN

Sold — 395 Breakwater Drive, Fishers, IN 460371 / 1

Quick read on the numbers:

$2,850,000$3,300,000

Sold

Beds

Baths

Sq ft

9,525

Built

1999

Acres

1.59

Here's what I think this home is worth:

FREE FROM SHELDON

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Key things to know

Sold 23% below list in 142 days
3 fireplaces
Finished basement (3,509 sqft)
4-car garage
1.59-acre lot

From the listing

Experience the pinnacle of waterfront living at this modern estate in the exclusive gated community of Breakwater on Geist Reservoir. Set on over 1.5 acres of pristine, landscaped grounds, this stunning retreat offers panoramic lake views, private dock access, and a lifestyle defined by luxury, comfort, and intentional design. Thoughtfully curated by acclaimed designer Linda Mordoh of Savvy Decor, the interiors blend warm sophistication with modern elegance. The heart of the home is the showstopping kitchen, featuring custom Nathan Allan cabinetry, striking black finishes, radiant quartz countertops, and brushed gold accents-a space designed for both culinary creativity and gathering. With six spacious bedrooms, each with its own en-suite bath, this home offers unmatched comfort and privacy. The primary suite is a true sanctuary, boasting a spa-like bath with dual rain showers, steam system, soaking tub, DTV digital controls, and a dream-worthy walk-in closet. The lower level is fully integrated with Control4 Smart Home technology and offers flexible space for a custom bar, home theater, or entertainment area-perfect for everything from quiet nights to lively gatherings. Step o…

A few highlights from the feature list:

Interior

Attic AccessCathedral Ceiling(s)High CeilingsVaulted Ceiling(s)Kitchen IslandEntrance FoyerPaddle FanHardwood FloorsHi-Speed Internet AvailblPantrySmart ThermostatWired for SoundWalk-In Closet(s)Wood Work Painted

Exterior

BalconySmart Light(s)Smart Lock(s)

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

TAX ASSESSMENT

County assessed values for current year

Total Assessed Value

$2,390,500

Land Value

$652,600

Land$652,600

27% of total

Improvement Value

$1,737,900

Improvements$1,737,900

73% of total

Annual tax · 2023: $37,130

This home has sold:

Sold

$2,550,000

-$750,000 below list (-22.7%)

Closed: Oct 9, 2025
Listed at: $3,300,000
Sold: 7 months ago
Sold in: 142 days

Price history

Sold$2,550,000
Oct 9, 2025
Price reduced$3,099,000 → $2,850,000
Jun 23, 2025
Listedat $3,300,000
Apr 2, 2025

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 85% above median for similar nearby sales.

$995K$1.5MMedian $1.4M

$2.5M

A few places to dig deeper:

Breakwater Hamilton Southeastern Schools

MLS# 22027702