NOT LISTED FOR SALE

12162 Pearl Bay Ridge Indianapolis, IN 46236

Geist Neighborhood

Estimated Value: $608,000 - $1,922,352

6 Beds
6 Baths
6,756 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $1,950,000 $289 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $9,318/month

9 Days on Market

Highlights

  • Lake Front
  • Heated In Ground Pool
  • Mature Trees
  • Boat Slip
  • Dumbwaiter
  • Family Room with Fireplace

About This Home

As of July 2023

Check out Aerial Tour! Boating/Fishing/Watersports from your Home! Stunning Geist Waterfront Residence Offering Panoramic Pool & Water Views. Nestled in a Gorgeous Private Setting, this Home "Has it All". The Ultimate Vacation Living & Entertaining Experience Await Your Family & Guests. You will be Amazed by the "Unlimited Distinctive Master Craftsman Updates" that are reflected throughout the Residence. Gorgeous Waterfront, Amazing Landscape & Pool Views Exist. The 2 Story Great Room, Hearth Room, Fabulous Gourmet Chef's Kitchen & the Finished Walk-Out Lower Lvl that Offers an Amazing "Cheers Bar"/Media area, Billiards Room, Screened Sun Room & the Outdoor Gazebo Entertainment/Grilling/Seating Areas are Fantastic!

Last Agent to Sell the Property

Mike Clark

F.C. Tucker Company License #RB14026930 Listed on: 05/26/2023

F.C. Tucker Company

Co-Listed By

Becky Coble

F.C. Tucker Company License #RB22002191

Last Buyer's Agent

Jamie Boer

Compass Indiana, LLC

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,744

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 0.7 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Sprinkler System
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Guest Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Home Theater Equipment
  • Wired For Sound
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Paddle Fans
  • Fireplace in Hearth Room
  • Fireplace Features Masonry
  • Thermal Windows
  • Green House Windows
  • Bay Window
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Storage
  • Lake Views
  • Attic Access Panel

Kitchen

  • Dumbwaiter
  • Breakfast Bar
  • Convection Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • 9 Foot Basement Ceiling Height
  • Fireplace in Basement
  • Basement Storage
  • Basement Window Egress

Home Security

  • Security System Owned
  • Smart Lights or Controls
  • Intercom
  • Smart Locks
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Above Ground Spa
  • Waterfall Pool Feature
  • Pool Cover
  • Pool Liner
  • Pool Sweep

Outdoor Features

  • Seawall
  • Boat Slip
  • Balcony
  • Multiple Outdoor Decks
  • Covered patio or porch
  • Outdoor Water Feature
  • Outdoor Kitchen
  • Gazebo
  • Outdoor Gas Grill

Schools

  • Amy Beverland Elementary School
  • Belzer Middle School
  • Lawrence Central High School

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater

Community Details

  • Association fees include home owners, insurance, maintenance, management, security, snow removal
  • Association Phone (317) 875-5600
  • Admirals Pointe Subdivision
  • Property managed by GHPOA/Associa
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 143 / 6
  • Assessor Parcel Number 490115125002000400

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,744

Year Built

Built in 1991 | Remodeled

Lot Details

0

HOA Fees

$40 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1991
  • Building Area Total: 7127
  • Co List Office Phone: 317-849-5050
  • Garage Y N: Yes
  • Lot Size Acres: 0.7
  • Subdivision Name: Admirals Pointe
  • Transaction Type: Sale
  • Website: https://youtu.be/kOw3sQKeeaI
  • Accessibility Features YN: No
  • MBR_AttributionContact: mikeclark@talktotucker.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Egress Window(s), Exterior Entry, Finished, Finished Ceiling, Finished Walls, Full, Storage Space, Walk Out
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Humidifier, Microwave, Oven, Convection Oven, Refrigerator, Warming Drawer, Water Heater, Water Softener Owned, Wine Cooler
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 2594
  • Fireplace Features: Basement, Family Room, Hearth Room, Masonry
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Bath Sinks Double Main, Breakfast Bar, Built In Book Shelves, Raised Ceiling(s), Vaulted Ceiling(s), Dumbwaiter, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Network Ready, Pantry, Programmable Thermostat, Supplemental Storage, Surround Sound Wiring, Walk-in Closet(s), Wet Bar, Window Bay Bow, Window Green House, Windows Thermal
  • Living Area: 6756
  • Main Level Bedrooms: 2
  • Other Equipment: Intercom, Security Alarm Paid, Smoke Alarm, Theater Equipment
  • Spa Features: Above Ground, Heated, Private
  • Spa Y N: Yes
  • Areas Interior: Bedroom Other on Main,Great Room - 2 Story,Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room,Other Eating Area
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2773
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1389
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 10

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony, Boat Slip, Dock, Gas Grill, Lighting, Outdoor Kitchen, Smart Light(s), Smart Lock(s), Sprinkler System, Water Feature Fountain, Other
  • Foundation Details: Concrete Perimeter, Full, Poured Concrete
  • List Price: 1790000
  • Patio And Porch Features: Covered Porch, Deck Main Level, Deck UP, Gazebo, Multiple Decks, Screened
  • Pool Features: Heated, Liner, Below Ground, Pool Cover, Pool Sweep, Private, Waterfall
  • Property Condition: Updated/Remodeled
  • View: Lake, Water
  • View Y N: Yes
  • Waterfront Features: Lake Front, Seawall, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete, Garage Door Opener, Guest Parking, Side Load Garage, Storage, Workshop in Garage
  • Garage Parking Other: Finished Garage,Garage Door Opener,Keyless Entry,Service Door,Other
  • Garage Sq Ft: 878

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Management, Security, Snow Removal
  • Association Fee: 475
  • Association Fee Frequency: Annually
  • Association Phone: 317-875-5600
  • Association YN: Yes
  • Community Features: Curbs, Sidewalks
  • Management Company Name: GHPOA/Associa
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Insurance, Maintenance, Management, Security, Snow Removal

Schools

  • Middle Or Junior School: Belzer Middle School

Lot Info

  • Lot Features: Cul-De-Sac, Curbs, Sidewalks, Storm Sewer, Mature Trees, Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 30492
  • Parcel Number: 490115125002000400
  • Acres: 1/2-1 Acre
  • Price Acre: 2785714.28571429

Green Features

  • Green Certification Y N: No
  • Smart Home Features: CO2 Dectectors WiFi,Outlets Voice Controlled - Some,Outlets WiFi - Some,Smart Bridge Hub - Owned,Smoke Alarms WiFi,Thermostat - WiFi

Tax Info

  • Tax Annual Amount: 11744
  • Tax Block: 6
  • Tax Lot: 143
  • Semi Annual Property Tax Amt: 5872
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

MLS Schools

  • Elementary School: Amy Beverland Elementary
  • High School: Lawrence Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jul 7, 2023
Sold by
Schuller Joseph M and Schuller Monika A
Bought by
Linarducci Gerardo Lorenzo and Linarducci Jennifer Joan
Seller's Agent
Mike Clark
F.C. Tucker Company
Buyer's Agent
Jamie Boer
Compass Indiana, LLC
List Price
$1,790,000
Sold Price
$1,950,000
Premium/Discount to List
$160,000
8.94%
Views
346
Current Estimated Value
$1,472,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$477,549
Avg. Annual Appreciation
-14.42%

Purchase Details

Listed on
Jul 29, 2011
Closed on
Sep 14, 2012
Sold by
Goins Terry and Goins Marcia
Bought by
Schuller Joseph M and Schuller Monika A
Seller's Agent
Dick Richwine
Berkshire Hathaway Home
Buyer's Agent
Michael Clark
List Price
$785,000
Sold Price
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$585,000
Interest Rate
3.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Linarducci Gerardo Lorenzo $1,950,000 None Listed On Document
Schuller Joseph M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Linarducci Gerardo Lorenzo $0
Previous Owner Schuller Joseph M $510,000
Previous Owner Schuller Joseph M $80,000
Previous Owner Schuller Joseph M $585,000
Previous Owner Goins Terry L $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $1,950,000 +8.9% $289 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $1,790,000 +128.0% $265 / Sq Ft
09/14/2012 09/14/12 Sold $785,000 0.0% $189 / Sq Ft
08/26/2012 08/26/12 Pending -- -- --
07/29/2011 07/29/11 For Sale $785,000 -- $189 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,576 $1,504,300 $293,700 $1,210,600
2023 $13,576 $1,178,300 $293,700 $884,600
2022 $12,266 $1,046,300 $293,700 $752,600
2021 $11,932 $1,000,400 $293,700 $706,700
2020 $11,627 $963,200 $293,700 $669,500
2019 $10,462 $1,000,400 $293,700 $706,700
2018 $10,512 $1,000,000 $293,700 $706,300
2017 $8,808 $837,800 $293,700 $544,100
2016 $8,871 $845,400 $293,700 $551,700
2014 $8,419 $814,400 $293,700 $520,700
2013 $8,237 $814,400 $293,700 $520,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21921976

MIBOR Broker Listing Cooperative®

APN: 49-01-15-125-002.000-400