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The Enclave at Lyster Lane

Indianapolis, Indiana · Marion County

Legally age-restricted 55+mixed

The Enclave at Lyster Lane is a 69-home, age-restricted 55+ community of single-family ranch homes in Indianapolis's Franklin Township, built by Fischer Homes as part of its Patio Home Collection. Located near the interchange of I-74, I-465, and I-65, the community offers low-maintenance single-level living with lawn care and snow removal handled by the HOA, and represents one of Marion County's few new-construction 55+ options for buyers who want to stay inside Indianapolis city limits.

Last researched 2026-09-17

Price positioning
Starting in the high $200,000s per builder marketing
HOA
Not publicly confirmed
Community size
69 single-family ranch homes, nearly built out (one source noted just one remaining home)
Home types
detached
Builder
Fischer Homes
Age policy
Legally age-restricted 55+ per Fischer Homes' Patio Home Collection branding and 55places categorization

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Overview

Independent Assessment

Fischer Homes' own community page, 55places, and multiple secondary real estate sites consistently confirm The Enclave at Lyster Lane's 69-home count and its status as a Fischer Homes Patio Home Collection product, giving good confidence in the core facts. As of the most recent update, at least one source indicated only one home remained available, suggesting the community is near or at full build-out. A specific HOA fee figure and the community's original construction start date corroborated by an authoritative source were not found.

Who May Find This Community Appealing

Buyers who want to remain inside Marion County/Indianapolis proper -- close to existing family, physicians, or social networks -- rather than relocating to Hamilton or Hendricks County, and who want new-construction quality in a small, boutique 55+ community, may find The Enclave at Lyster Lane appealing. Its Franklin Township location near I-74/I-465/I-65 also suits buyers who value easy highway access to multiple parts of the metro.

Homes & Prices

Homes, Builders & Development History

Fischer Homes built The Enclave at Lyster Lane as part of its Patio Home Collection, delivering 69 single-family ranch homes in Indianapolis's Franklin Township. Floor plans range from approximately 1,501 to 4,305 square feet with two to five bedrooms and two to four-and-a-half bathrooms, offering customizable features within Fischer's standard design options. Lawn care and snow removal are HOA-handled for a low-maintenance lifestyle.

Current Pricing & Market Positioning

Fischer Homes' own marketing describes pricing starting in the high $200,000s, positioning The Enclave at Lyster Lane as a relatively affordable new-construction option within Marion County, notably below typical new-construction pricing in Hamilton County communities and broadly competitive with Easton's entry pricing in Hendricks County.

New Construction vs. Resale Considerations

As of the most recent update, at least one source indicated only one home remained available at The Enclave at Lyster Lane, suggesting the community is near or at full build-out. Buyers should confirm current availability directly with Fischer Homes; if the community has since sold out, purchases would shift to the resale market, and buyers should budget for an independent inspection and request current HOA financials and governing documents.

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Fees

HOA Fees, Capital Contributions & Recurring Costs

A publicly confirmed HOA fee for The Enclave at Lyster Lane was not found. Buyers should confirm the exact current fee and coverage (lawn care and snow removal are marketed as included) directly with Fischer Homes or the HOA before purchasing.

Taxes, Insurance & Special Assessments

Homes at The Enclave at Lyster Lane are conventionally deeded properties subject to Indianapolis/Marion County property tax administration under Indiana's homestead deduction rules, plus Indiana's state income tax and Marion County's local income tax, which is the highest county income tax rate in the Indianapolis metro. Buyers should confirm current property tax figures for specific parcels directly with the Marion County Assessor.

Amenities

HOA-covered lawn care and snow removalRanch-style, single-level living across the Patio Home CollectionCustomizable floor plan features per Fischer Homes' standard options

Community Layout & Lifestyle

The Enclave at Lyster Lane's 69 ranch homes are designed around Fischer Homes' Patio Home Collection concept -- single-family homes offering the privacy of a detached home without significant yard-maintenance responsibility, since the HOA covers lawn care and snow removal. A clubhouse or organized social programming was not confirmed; as a small, boutique community, social life is more likely resident-driven.

Location

Shopping, Healthcare & Airport Access

The Enclave at Lyster Lane is located in Indianapolis's Franklin Township, conveniently close to I-74, I-465, and I-65, with an abundance of shopping and dining along nearby Southport Road. This location supports buyers who want to remain within Indianapolis proper while retaining strong highway access to the broader metro.

Restrictions

Age Qualification & Material Ownership Restrictions

The Enclave at Lyster Lane is marketed by Fischer Homes as part of its Patio Home Collection and consistently categorized by 55places and other directories as an age-restricted 55+ community. Buyers should confirm the exact legal restriction language and enforcement/verification procedure directly with Fischer Homes or the HOA before purchasing, as the recorded declaration of covenants and restrictions was not independently reviewed.

Pros & Tradeoffs

Tradeoffs & Limitations

At 69 homes, The Enclave at Lyster Lane is one of the smallest confirmed 55+ communities, meaning less social infrastructure and fewer organized activities than a larger, professionally programmed community. As the community appears near build-out, buyers should confirm current availability directly with Fischer Homes, since remaining inventory may be limited or exhausted. Buyers should request the HOA fee and exact coverage directly from Fischer Homes or the HOA, as neither could be confirmed.

Comparison With Nearby Communities

Within Marion County, The Enclave at Lyster Lane is a smaller, boutique alternative to the much larger Village at New Bethel (up to 500 homes), serving buyers who specifically want a smaller new-construction footprint inside Indianapolis proper. It should also be compared against Bentley Commons and White Oak Farms, both older, more affordable resale communities in the same general Franklin Township/southeast Indianapolis submarket.

Listings

Current Listings

A connected local agent or Fischer Homes' sales team can confirm current availability and pricing.

FAQs

Questions Buyers Should Verify

  • Current availability -- whether any new construction remains or the community is sold out
  • Current, exact HOA fee and what it covers
  • The exact recorded age-restriction language and enforcement procedure
  • The community's original construction start date
How many homes are in The Enclave at Lyster Lane?
69 single-family ranch homes, built by Fischer Homes as part of its Patio Home Collection.
Is The Enclave at Lyster Lane still selling new homes?
As of the most recent update, at least one source indicated only one home remained available, suggesting the community is near or at full build-out. Confirm current availability directly with Fischer Homes.
What is included in the HOA at The Enclave at Lyster Lane?
Builder marketing describes lawn care and snow removal as HOA-handled; confirm the exact current fee and full coverage directly with Fischer Homes or the HOA.
Where is The Enclave at Lyster Lane located?
In Indianapolis's Franklin Township, close to I-74, I-465, and I-65, and near Southport Road shopping and dining.

Sources

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