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$299,000 ↓$26,000on 9/26/2024

7616 Newport Bay Drive E Indianapolis, IN  46240

  • 3 Beds
  • 2 Baths
  • 2,102 sq. Ft

Property Description for 7616 Newport Bay Drive E Indianapolis, IN 46240

Newport Bay offers an incredible lifestyle for its residents - from the community boat, pool, and exercise room, to the ease of living with all exterior maintenance completed for you - this is a wonderful way to live! 7616 Newport Bay Dr E allows you to take advantage of these wonderful amenities as it rests just steps from the clubhouse on a lush lot guarded by mature trees. Inside you'll find an immaculate home just ready for you to enjoy with three spacious bedrooms including a lovely primary bedroom with ensuite bathroom and walk-in closet. The clean kitchen rests just adjacent to the large living room with large windows overlooking the deck and tree lined rear yard. Formal living room provides ample space for hosting dinner and drinks. Such a lovely home inside a wonderful, active community!

Address:7616 Newport Bay Drive E Indianapolis IN 46240
Status:Active
on site: 7 days
Price:$299,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,102
Year Built:1995
Lot Size:0.12
County: Marion
Township: Washington
MLS #:21996605
Property Type:Condominium
Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:5358
Lot Features:Cul-De-Sac, Gated Community, Mature Trees, Wooded
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,102
Total Sq. Ft. :2,102

Loan Price
$2,024
Price And Interest $1,560/month
Property Tax $339/month
MTG INS $0/month
HOME INS $125/month
Price
$299,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$339/month
Home Owner Insurance
$1,500 / year
HOA Dues
$670 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/26/24 $325,000 $299,000 -8%

RoomSizeLevel
Living Room 21x16 Main
Dining Room 15x12 Main
Kitchen 14x13 Main
Breakfast Room 13x12 Main
Laundry 12x6 Main
Primary Bedroom 15x13 Main
Bedroom 2 14x13 Main
Bedroom 3 15x12 Main

Semi-Annual Property Tax:$2,033
Tax Year:2024
Mandatory HOA Fee:$670
HOA Fee Paid:Monthly

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

Total Sq. Ft.:2,102
Interior Features:Bath Sinks Double Main, Breakfast Bar, Built In Book Shelves, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Network Ready, Walk-in Closet(s), Window Bay Bow, Wood Work Painted
Interior Area(s):Bedroom Other on Main, Living Room Formal
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Double Oven, Refrigerator, Washer, Water Heater
Equipment:Security Alarm Monitored, Smoke Alarm
Exterior Type:Brick, Wood Siding
Fireplace(s):Gas Log, Living Room
Cool:Central Electric
Heat:Forced Air
Water Heater:Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Double Oven, Refrigerator, Washer, Water Heater
Total Rooms:7
Matt McLaughlin, REALTOR®/Broker, F. C. Tucker Company
Matt McLaughlin
Phone (317) 590-0529
Additional Phone (317) 844-4200
F.C. Tucker Company
VISIT MY PROFILE

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

Based on information submitted to the MLS GRID as of 08/19/2024 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 2179 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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