$497,000
$38K PRICE DROP

131 Olde Mill Bay Indianapolis, IN 46260

Estimated payment $3,859/month

Total Views 14,403
2 Beds
2 Baths
1,916 Sq Ft
$259 Price per Sq Ft

Highlights

  • Home fronts a pond
  • View of Trees or Woods
  • Community Pool
  • North Central High School Rated A-
  • Ranch Style House
  • Tennis Courts

About This Home

Feast your eyes on the delightful, well-maintained condo in sought-after Olde Mill! Nestled on the southeastern corner of this community, this property offers a serene setting with little to no road noise and close proximity to the clubhouse, pool, and tennis courts. The living room, a haven of tranquility and relaxation, features a fireplace that promises cozy evenings on cool Indiana nights. Gaze upon the water view, a tranquil backdrop for your everyday life. Updated kitchen is complete with shaker cabinets, backsplash, and granite countertops that offer both beauty and functionality. Primary bedroom is spacious with bay window offering tranquil water view. Ample storage throughout the home. Back patio is just steps away from a pond stocked with carp for fishing, and brings much wildlife into view. Enjoy a refreshing dip in the community pool on warm days, or simply lounge poolside with a good book. This condominium is more than just a home; it's a low-maintenance lifestyle waiting to be discovered!

Listing Agent

Sarah Mehring

F.C. Tucker Company License #RB21002158 Listed on: 06/02/2025

F.C. Tucker Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,856

Year Built

  • Built in 1983

HOA Fees

  • $767 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Pond
  • Woods

Home Design

  • Ranch Style House
  • Patio Lot
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,916 Sq Ft Home
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Storage
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Home fronts a pond
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot Tax ID: 490323123004000800
  • Assessor Parcel Number 490323123004000800

Community Details

Overview

  • Association fees include clubhouse, insurance, lawncare, maintenance structure, maintenance, pickleball court, snow removal, tennis court(s)
  • Olde Mill Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,856

Year Built

Built in 1983

Lot Details

0

HOA Fees

$767 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1983
  • Building Area Total: 1916
  • Garage Y N: Yes
  • Lot Size Acres: 0.32
  • Subdivision Name: Olde Mill
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Garden/Patio/Zero Lot
  • F H A Certified: No
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Entrance Foyer, Eat-in Kitchen, Pantry, Supplemental Storage, Walk-In Closet(s)
  • Living Area: 1916
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1916
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • List Price: 497000
  • Pool Private Y N: No
  • View: Pond, Trees/Woods, Water
  • View Y N: Yes
  • Waterfront Features: Pond, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener
  • Garage Sq Ft: 528

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Insurance, Maintenance, Pickleball Court(s), Snow Removal, Tennis Court(s), Pool, Sport Court
  • Association Fee: 2300
  • Association Fee Frequency: Quarterly
  • Association YN: Yes
  • Community Features: Tennis Court(s), Pool
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Clubhouse, Insurance, Lawncare, Maintenance Structure, Maintenance, Pickleball Court, Snow Removal, Tennis Court(s)

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 13835
  • Parcel Number: 490323123004000800
  • Acres: 1/4-1/2 Acre
  • Price Acre: 1553125

Tax Info

  • Tax Annual Amount: 4856
  • Tax Lot: Tax ID: 490323123004000800
  • Semi Annual Property Tax Amt: 2428
  • Tax Exemption: Homestead Tax Exemption

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,598 $446,600 $63,900 $382,700
2023 $4,598 $348,100 $60,700 $287,400
2022 $4,959 $353,600 $60,900 $292,700
2021 $3,852 $281,200 $59,600 $221,600
2020 $3,494 $270,100 $59,300 $210,800
2019 $3,287 $270,700 $59,900 $210,800
2018 $3,185 $268,700 $59,600 $209,100
2017 $3,106 $265,300 $59,600 $205,700
2016 $2,702 $247,100 $59,700 $187,400
2014 $2,215 $221,500 $58,400 $163,100
2013 $2,195 $211,400 $58,100 $153,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Price Changed $497,000 -3.5% $259 / Sq Ft
07/30/2025 07/30/25 Price Changed $514,900 -1.9% $269 / Sq Ft
07/10/2025 07/10/25 Price Changed $524,900 -1.9% $274 / Sq Ft
06/02/2025 06/02/25 For Sale $534,900 -- $279 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Deed -- Title Express Inc
Land Contract $225,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,200 New Conventional
Closed $207,050 FHA
Previous Owner $160,270 New Conventional
Closed $0 Seller Take Back
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22042137

MIBOR Broker Listing Cooperative®

APN: 49-03-23-123-004.000-800