4 months on rocket

8061 Lower Bay Ln Unit 1, Indianapolis, IN, 46236

$474,900

Home List Price

$5,639*

Closing Credit

3 Bedrooms
2 Full Baths, 2 Partial
3,320 SqFt
$143/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

8061 Lower Bay Ln Unit 1, Indianapolis$474,900

Buyer Closing Credits

$5,639*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built1982
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceFamily Room, Gas Log, Primary Bedroom, Woodburning Fireplce
MLS #21986983
StatusActive

About 8061 Lower Bay Ln Unit 1

As you enter this 3-bedroom condo on the lake, you will be greeted by a stunning view that extends clear through the home, creating an immediate sense of openness and tranquility. The exclusive lakeside condo is part of one of the few select condo communities in the area. This rare gem features open concept living area with floor to ceiling windows that flood the space with natural light. Modern finishes include black metal stair railings & lighting. The primary suite is a private retreat. Imagine waking up every morning to a serene view of the cove that leads to the lake. The luxurious new Jacuzzi style step in shower and new bathroom tile make it feel modern and fresh. New carpet in the bedroom will feel cozy under your feet. The property boasts a range of new mechanical upgrades ensuring comfort and efficiency. Recent improvements include all new windows, state of the art AC unit, an upgraded 200 amp electrical service, a new exterior door, and updated mechanicals for the elevator. Enjoy the ultimate lake living experience with activities like kayaking, boating, and fishing right at your doorstep. Dock 21 Maybe you just want to enjoy the calmness of looking at the water. This property offers something for everyone.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Multi-Level
  • Year Built: 1982
  • Living Area: 3,320 SqFt

Listing Office:

  • Office Name: United Real Estate Indpls
  • Office Email: barbsellshomes1914@gmail.com
  • Listing Agent: Barbara Bade

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave Hood, Double Oven, Gas Oven, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Interior: Attic Access, Built In Book Shelves, Elevator, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, In-Law Arrangement, Pantry, Skylight(s), Walk-in Closet(s), Windows Vinyl, Wood Work Painted, WoodWorkStain/Painted
  • Fireplace: Family Room, Gas Log, Primary Bedroom, Woodburning Fireplce

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Clubhouse, Pool House, Tennis Community, Water Feature Fountain, Other

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lawrence Central High School, Public District Grades 9-12
  • Belzer Middle School, Public District Grades 6-8
  • Amy Beverland Elementary School, Public District Grades 1-6

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $474,900
  • Price Per SqFt: $143/SqFt

HOA Fees:

  • Amount: $505
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

8061 Lower Bay Ln Unit 1 vs Indianapolis

122 DAYS ON ROCKET

+91 Days

$474,900

+$229.3K More

$143/SqFt

+$4 More

KEY TAKEAWAY

This property is $229.3K more than the Median Sold Price and $4/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21986983

Listing Office:

  • Office Name: United Real Estate Indpls
  • Office Email: barbsellshomes1914@gmail.com
  • Listing Agent: Barbara Bade

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 10:46:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,943

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,490

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1788943
5
/10
  • Amy Beverland Elementary School

  • 11650 Fox Rd

  • 0.52 miles

  • Public District Grades 1-6

Middle School

school-card-donut-1788944
4
/10
  • Belzer Middle School

  • 7555 E 56th St

  • 4.90 miles

  • Public District Grades 6-8

High School

school-card-donut-1788945
4
/10
  • Lawrence Central High School

  • 7300 E 56th St

  • 4.82 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $134,330. The majority of Indianapolis, IN residents have income between $100k-200k annually. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8061 Lower Bay Ln Unit 1

What is the listing price of this property?

The listing price of 8061 Lower Bay Ln Unit 1 property is $474,900.

What type of property is this?

The property 8061 Lower Bay Ln Unit 1 is a condo located in Indianapolis, Indiana, 46236.

Is this property for sale now?

Active Listing: 8061 Lower Bay Ln Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8061 Lower Bay Ln Unit 1 are:
Amy Beverland Elementary School: GreatSchools Rating 5/10
Belzer Middle School: GreatSchools Rating 4/10
Lawrence Central High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 8061 Lower Bay Ln Unit 1 has 3 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 8061 Lower Bay Ln Unit 1 is 3,320 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8061 Lower Bay Ln Unit 1 is 1982.

Rocket HomesIndianaMarion CountyIndianapolis462368061 Lower Bay Ln Unit 1

This home is located at 8061 Lower Bay Ln Unit 1 in Indianapolis, IN and zip code 46236 in the Backbay neighborhood. This 3,320 square foot home was built in 1982. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 05, 2024 and is currently priced at $474,900.

While more than 170 listings in Indianapolis, IN in October 2024 were sold above asking price, there were more than 256 listings sold at asking price, and more than 519 were sold below. Between September 2024 and October 2024, Indianapolis, IN real estate market has seen increase in the number of listings by 3.7%. In October 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $245,515.

From Rocket Homes Real Estate and based on county public records data.

More Resources