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(SOLD) $275,000

7601 Newport Bay Drive #207 Indianapolis, IN  46240

  • 2 Beds
  • 2 Baths
  • 1,800 sq. Ft

Property Description for 7601 Newport Bay Drive #207 Indianapolis, IN 46240

Welcome home to Newport Bay's Lakefront Maintenance-Free Gated Community lifestyle, located in the heart of Washington Twnshp. Fall in love with the fabulous water views of the 80-acre, spring-fed private lake from every window of this well-appointed condominium home. This wonderful home features open flow great rm w/ gleaming hardwood floors & custom built-ins surrounding gas-log fireplace. Cozy sunroom leading to outside oasis overlooking private lake. Light and bright custom kitchen w/stylish cabinets and backsplash and new countertops. Large dining area. This spacious unit offers upgraded enlarged room sizes throughout, distinguishing this home from standard units. Beautifully landscaped grounds surround the meticulously maintained common facilities leading to the enchanting rear courtyard. Leisure lives here, as well as activity, offering year-round indoor pool, community pontoon boat available for lake cruise boating and fishing, fitness room, billiards, workshop room, meeting room, community activities and social events and more. All with community security at the forefront. All building entrances are secure throughout the community.
QuickBuy option for home selling

Address:7601 Newport Bay Drive Indianapolis IN 46240
Status:Sold
Sold On: 9/16/2024
Price:$279,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,800
Year Built:1988
Lot Size:0.12
County: Marion
Township: Washington
MLS #:21996344
Property Type:Condominium

Lot Dimensions:5258
Lot Features:Gated Community, Sidewalks, Storm Sewer, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:Please access community via River Road main entrance gate. Use code provided by BrokerBay. Secondary gate near Capri Restaurant is for underground parking access only and is not code activated.
Main Level Sq. Ft. :1,800
Total Sq. Ft. :1,800

Loan Price
$1,875
Price And Interest $1,435/month
Property Tax $325/month
MTG INS $0/month
HOME INS $115/month
Price
$275,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$325/month
Home Owner Insurance
$1,380 / year
HOA Dues
$670 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 15x15 Main
Sun Room 12x10 Main
Kitchen 11x10 Main
Bedroom 2 15x12 Main
Dining Room 11x10 Main
Great Room 22x18 Main

Semi-Annual Property Tax:$1,948
Tax Year:2023
Mandatory HOA Fee:$670
HOA Fee Paid:Monthly

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

Total Sq. Ft.:1,800
Interior Features:Bath Sinks Double Main, Built In Book Shelves, Raised Ceiling(s), Elevator, Entrance Foyer, Paddle Fan, Handicap Accessible Interior, Hi-Speed Internet Availbl, Pantry, Storms Some, Walk-in Closet(s), Windows Thermal, Wood Work Painted
Eating Area(s):Dining Combo/Great Room
Appliances:Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
Equipment:Security Alarm Paid, Smoke Alarm
Exterior Features:Water Feature Fountain, Balcony
Exterior Type:Cedar, Cement Siding
Fireplace(s):Gas Log, Great Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
Total Rooms:6
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 Mark Fox with The Fox Group Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/16/2024 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 862 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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