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(SOLD) $770,000

3614 Bay Rd S Drive Indianapolis, IN  46240

  • 2 Beds
  • 2 Baths
  • 2,242 sq. Ft

Property Description for 3614 Bay Rd S Drive Indianapolis, IN 46240

Spectacular Waterfront Living! Nestled in the highly sought-after Nantucket Bay community, 3614 Bay Road S Drive offers breathtaking views overlooking serene Lake Clearwater. This beautiful condo features a spacious living room with a cozy gas fireplace, ideal for relaxing evenings. The kitchen is equipped with sleek stainless steel appliances, flowing effortlessly into a light-filled sunroom perfect for morning coffee. Step outside to the large back deck with sweeping lake views and enjoy easy access to the private boat dock for seamless lake days. A main-level office with custom built-ins provides an ideal work-from-home space, while the primary bedroom offers a tranquil retreat with a luxurious en-suite bathroom. The property also includes a convenient attached two-car garage, adding both storage and ease. This exceptional property combines comfort, style, and lakeside charm-don't miss your chance to make it yours!

Address:3614 Bay Rd S Drive Indianapolis IN 46240
Status:Sold
Sold On: 11/15/2024
Price:$749,900
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,242
Year Built:1983
Lot Size:0.06
County: Marion
Township: Washington
MLS #:22005731
Property Type:Condominium

Lot Dimensions:2483
Lot Features:Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,242
Total Sq. Ft. :2,242

Loan Price
$5,029
Price And Interest $4,017/month
Property Tax $691/month
MTG INS $0/month
HOME INS $321/month
Price
$770,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$691/month
Home Owner Insurance
$3,852 / year
HOA Dues
$520 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 19' x 16' Main
Dining Room 18' x 11' Main
Kitchen 19' x 11' Main
Primary Bedroom 17' x 14' Main
Bedroom 2 16' x 12' Main
Sun Room 13' x 10' Main
Office 14' x 13' Main

Semi-Annual Property Tax:$4,146
Tax Year:2023
Mandatory HOA Fee:$520
HOA Fee Paid:Monthly

Area: 4903 - Marion - Washington
Subdivision: Nantucket Bay
Zip Code:46240

Total Sq. Ft.:2,242
Interior Features:Built In Book Shelves, Hi-Speed Internet Availbl, Programmable Thermostat
Interior Area(s):Bedroom Other on Main
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Trash Compactor, Washer
Exterior Features:Sprinkler System
Exterior Type:Brick, Cement Siding
Fireplace(s):Gas Log, Living Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Trash Compactor, Washer
Total Rooms:7
Matt Kressley, REALTOR®/Broker, F. C. Tucker Company
Matt Kressley
Phone (317) 445-3767
Additional Phone (317) 259-6000
F.C. Tucker Company
Sam Hawkins, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Sam Hawkins
(317) 679-9211

Listing provided courtesy of Matthew Kressley with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/24/2024 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

109
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 $20,825.47. 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 $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 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 $3,194.02. 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 68 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 1641 minutes ago.

At the moment we have 105 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 $45,900.00 . 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 2112.74 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.