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

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

Buyer Closing Credits

$5,639*

1.25% Loan Amount

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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

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
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Housing Market Comparison

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

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Indianapolis, IN

City

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

140 DAYS ON ROCKET

+109 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.

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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: 11/22/2024, 7:16:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Nearby Schools

school-card-donut-717186
5
/10

  • Amy Beverland Elementary School

  • 11650 Fox Rd

  • 0.51 miles

  • Public District Grades 1-6

school-card-donut-717187
4
/10

  • Oaklandon Elementary School

  • 6702 Oaklandon Rd

  • 1.73 miles

  • Public District Grades 1-6

school-card-donut-717188
4
/10

  • Sunnyside Elementary School

  • 6345 Sunnyside Rd

  • 1.91 miles

  • Public District Grades 1-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $134,330. Residents of Indianapolis, IN typically earn between $100k-200k each year. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

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.

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 Homes›Indiana›Marion County›Indianapolis›46236›8061 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.

Indianapolis, IN housing market in October 2024 saw over 170 listings sold above listed price, more than 256 sold at listed price and over 519 sold below. In October 2024 in Indianapolis, IN there were 3.7% more homes for sale than in September 2024. Listings spent 31 days on the market in October 2024, and had a median list price of $245,515 during the same period.

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

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