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(SOLD) $1,490,000

12198 Island Drive Indianapolis, IN  46256

  • 6 Beds
  • 5 Baths
  • 6,716 sq. Ft

Property Description for 12198 Island Drive Indianapolis, IN 46256

Luxurious Geist Waterfront home with 6 Bedrooms, 4 1/2 Baths in Fishers' Bridgewater subdivision just a few minutes to the Fall Creek Marina. Set on a picturesque half acre lot in a prestigious area on an inside cove makes for one of the best values available. Your next home boasts a private dock with 2 Lifts and a Sunning Platform, a walk-out basement, 2 cozy gas fireplaces (Hearth Room next to the kitchen and in the full finished basement), a Main Level Primary Bedroom Suite with nice views of the cove, a Formal Dining Room, a large Den, a grand 2 story Great Room and a wonderful inviting floorplan. Enjoy the full Entertainment Basement with a complete kitchenette/bar, game areas, TV areas, Exercise Room, Flex spaces and the 6th Bedroom/4th Full Bath. You won't be disappointed with the custom features. Step outside to the backyard, and you'll discover a peaceful oasis with a raised deck, a patio, more great views and well-maintained landscaping creating an idyllic backdrop for relaxation. In the Award winning HSE School system. Ready for immediate occupancy.
QuickBuy option for home selling

Address:12198 Island Drive Indianapolis IN 46256
Status:Sold
Sold On: 2/15/2024
Price:$1,550,000
Bedrooms:6 Beds
Bathrooms:4 Full Baths, 1 Half Baths
Sq. Feet:6,716
Year Built:2001
Lot Size:0.51
County: Hamilton
Township: Fall Creek
MLS #:21951188
Property Type:Single Family Residence

Lot Dimensions:22216
Water Source:Municipal/City
Directions:East of Brooks School and Fall Creek before the Marina. Enter subdivision off Fall Creek (Bridgewater Rd). Follow til Island Dr (left). 1st house on left over bridge.
Main Level Sq. Ft. :2,818
Upper Level Sq. Ft. :1,080
Total Sq. Ft. :6,716
Basement:Yes

Loan Price
$9,372
Price And Interest $7,773/month
Property Tax $978/month
MTG INS $0/month
HOME INS $621/month
Price
$1,490,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$978/month
Home Owner Insurance
$7,452 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Kitchen 18x15 Main
Breakfast Room 13x10 Main
Hearth Room 15x16 Main
Great Room 18x21 Main
Dining Room 14x17 Main
Library 13x18 Main
Primary Bedroom 18x19 Main
Bedroom 2 13x14 Upper
Bedroom 3 17x18 Upper
Bedroom 4 12x12 Upper
Bedroom 5 12x13 Upper
Bedroom 6 18x12 Basement
Family Room 27x16 Basement
Play Room 21x17 Basement

Semi-Annual Property Tax:$5,868
Tax Year:2023
Mandatory HOA Fee:$860
HOA Fee Paid:Semi-Annually

Area: 2912 - Hamilton - Fall Creek
Subdivision: Bridgewater
Zip Code:46256

High School:Hamilton Southeastern HS
Middle School:Fall Creek Junior High
Elementary School:Geist Elementary School

Total Sq. Ft.:6,716
Interior Features:Bath Sinks Double Main, Breakfast Bar, Cathedral Ceiling(s), Raised Ceiling(s), Tray Ceiling(s), Vaulted Ceiling(s), Center Island, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Programmable Thermostat, Walk-in Closet(s), Wet Bar
Interior Area(s):Bath Jack-n-Jill, Bedroom Other on Main, Great Room - 2 Story
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Double Oven, Refrigerator, Washer, Water Softener Owned
Equipment:Security Alarm Paid, Smoke Alarm
Exterior Features:Lighting, Outdoor Fire Pit, Smart Light(s), Sprinkler System, Water Feature Fountain
Exterior Type:Brick
Fireplace(s):Gas Log, Hearth Room, Recreation Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Double Oven, Refrigerator, Washer, Water Softener Owned
Total Rooms:17
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Jim Finefrock with Finney Group Realty LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/07/2023 12:00 AM. 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.





Indianapolis Market Report

137
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $1,436.60. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,058.56. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 1189 minutes ago.

At the moment we have 90 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $38,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2103.24 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.