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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.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1997
  • 3.18 Acre Lot
  • $3,600/yr HOA
  • Waterfront
  • 4 Car Garage
  • 198 days on Market

  • Bedrooms
    5
  • Bathrooms
    5 full · 1 half
  • Year Built
    1997
  • Architectural Style
    Traditional
  • Construction Materials
    Stone, Brick
  • Foundation
    Concrete Perimeter
  • Garage Spaces
    4.0
  • Parking Features
    Attached, Garage Door Opener
  • Living Area
    10264.0
  • Interior Features
    Eat-in Kitchen, Walk-In Closet(s), Pantry, Kitchen Island, Breakfast Bar, High Ceilings, Entrance Foyer, Tray Ceiling(s), Wired for Sound, Dumbwaiter
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Washer, Disposal, Gas Oven, Water Softener Owned, Gas Water Heater, Exhaust Fan
  • Flooring
    Hardwood
  • Exterior Features
    Balcony
  • Patio And Porch
    Patio, Deck
  • Pool Features
    Heated, In Ground, Outdoor Pool, Waterfall
  • Cooling
    Central Air
  • Heating
    Forced Air, Natural Gas, Zoned
  • Basement
    Full, Walk-Out Access, Daylight, Interior Entry, Storage Space, Exterior Entry

  • Acres
    3.18
  • Lot Features
    Wooded, Waterfront, Cul-De-Sac
  • Water Front Features
    Creek
  • Water Front
    Yes
  • View
    Trees/Woods, Pond, Pool, Neighborhood
  • Utilities
    Cable Available, Natural Gas Connected
  • Water
    Private, Well

  • Area
    4902 - Marion - Pike
  • County
    Marion
  • City
    Indianapolis
  • Neighborhood
    Mill Pond
  • Zip Code
    46278
  • High School
    Pike High School

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Frequently Asked Questions

How do I schedule a tour of 7946 Mill Stream Cir?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 7946 Mill Stream Cir.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 7946 Mill Stream Cir?

Click Ask a Question to talk with our team. You already know it is a 5 bed, 5 bath, listed for $1,590,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Indianapolis, and can even get you in to see the property quickly.

How do I get a virtual tour of 7946 Mill Stream Cir?

Yes! A virtual tour is available for 7946 Mill Stream Cir. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 7946 Mill Stream Cir?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 7946 Mill Stream Cir at around $9,048. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 7946 Mill Stream Cir?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Marion County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 7946 Mill Stream Cir?

In most cases, yes. Whether 7946 Mill Stream Cir is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Indianapolis's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 7946 Mill Stream Cir?

We can handle that for you. Our preferred local agent specializes in residentials in Indianapolis and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,590,000 with 10,264 sqft of space—that comes out to approximately $155 per square foot.

How long has this property been on the market?

7946 Mill Stream Cir was listed on April 30, 2026, which means it's been on the market for 198 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1997, making it approximately 29 years old.

What is the lot size of this property?

7946 Mill Stream Cir sits on a 3.18-acre lot, which is 138,521 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • High: Pike High School

Want to see how these schools compare? Check out our Marion County School Guide to see ratings, reviews, and more for the schools in the area.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $3,600 paid annually.

This covers access to community features including: Snow Removal, Insurance.

Is 7946 Mill Stream Cir still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 14, 2026 at 08:52AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.