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$1,290,000 ↓$10,000on 11/16/2024

3748 Bay Rd S Drive Indianapolis, IN  46240

  • 4 Beds
  • 5 Baths
  • 6,882 sq. Ft
EXPLORE TUCKER LUXURY

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Property Description for 3748 Bay Rd S Drive Indianapolis, IN 46240

Once in a lifetime, Nantucket Bay Masterpiece with Breathtaking Water Views. Exquisite custom home stands as a testament to luxury living offering an incredible 6,882 SQFT. Captivating charm is enhanced by multiple decks and private boat dock, providing the perfect vantage point to soak in the beauty of the surrounding landscape. Step inside to discover a Chef's kitchen equipped with Subzero and Wolf appliances, custom cabinetry and large center island. Seamless flow between the formal dining room and family room, adorned with a coffered ceiling, creates an inviting atmosphere for gatherings both large and small. Main level primary suite with a dream closet. Upstairs features a loft that overlooks the water, second ensuite bedroom, wrapping room and storage galore above the 3 car garage. Walkout lower level has two additional bedrooms ensuite, cozy family room with included pool table, wet bar and a climate-controlled wine room for the connoisseur. A dumbwaiter connects to the garage, ensuring effortless transportation of your prized collection. Embrace the low-maintenance lifestyle and immerse yourself in the tranquility of Nantucket Bay, where every day feels like a vacation.

Address:3748 Bay Rd S Drive Indianapolis IN 46240
Status:Active
on site: 43 days
Price:$1,290,000
Bedrooms:4 Beds
Bathrooms:4 Full Baths, 1 Half Baths
Sq. Feet:6,882
Year Built:1988
Lot Size:0.09
County: Marion
Township: Washington
MLS #:21977860
Property Type:Condominium

Lot Dimensions:3703
Lot Features:Suburb, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,807
Upper Level Sq. Ft. :2,807
Total Sq. Ft. :6,882
Basement:Yes

Loan Price
$8,765
Price And Interest $6,729/month
Property Tax $1,498/month
MTG INS $0/month
HOME INS $538/month
Price
$1,290,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,498/month
Home Owner Insurance
$6,456 / year
HOA Dues
$530 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/16/24 $1,300,000 $1,290,000 -0.77%

RoomSizeLevel
Living Room 26X17 Main
Dining Room 20X15 Main
Kitchen 27X30 Main
Laundry 16X7 Main
Primary Bedroom 16X17 Main
Bedroom 2 13X13 Upper
Bedroom 3 19X17 Basement
Bedroom 4 23X18 Basement
Family Room 27X33 Basement
Exercise Room 18X18 Basement
Wine Cellar 10X15 Basement
Foyer 16X10 Main
Utility Room 14X7 Basement
Loft 24X31 Upper
Bonus Room 63X14 Upper

Semi-Annual Property Tax:$8,986
Tax Year:2024
Other Disclosures:Estate
Mandatory HOA Fee:$530
HOA Fee Paid:Monthly

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

High School:North Central High School
Middle School:Eastwood Middle School
Elementary School:Clearwater Elementary School

Total Sq. Ft.:6,882
Interior Features:Breakfast Bar, Cathedral Ceiling(s), Center Island, Central Vacuum, Dumbwaiter, Entrance Foyer, Hardwood Floors, Walk-in Closet(s), Wet Bar
Interior Area(s):Living Room Formal
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Gas Cooktop, Dishwasher, Dryer, Disposal, Kitchen Exhaust, Microwave, Double Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
Equipment:Security Alarm Monitored, Smoke Alarm
Exterior Features:Tennis Community
Exterior Type:Brick, Wood
Fireplace(s):Basement, Family Room, Primary Bedroom
Cool:Central Electric
Heat:Dual, Forced Air
Water Heater:Gas Cooktop, Dishwasher, Dryer, Disposal, Kitchen Exhaust, Microwave, Double Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
Total Rooms:15
EXPLORE TUCKER LUXURY
Katie Fese, REALTOR®/Broker, F. C. Tucker Company
Katie Fese
Phone (317) 809-6312
Additional Phone (317) 259-6000
F.C. Tucker Company
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Listing provided courtesy of Catherine Fese with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/10/2024 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 1392 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.

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