$260,000
SOLD AUG 1, 2025

2823 Somerset Bay Indianapolis, IN 46240

Clearwater Neighborhood
2 Beds
1.5 Baths
1,024 Sq Ft
$369/mo HOA Fee

Recently Sold

$254 Per Sq Ft

7 Days on Market

Highlights

  • Lake Front
  • Fishing
  • Community Lake
  • Clearwater Elementary School Rated A-
  • Cape Cod Architecture
  • Vaulted Ceiling

About This Home

As of August 2025

Welcome to 2823 Somerset Bay, a charming (move-in ready) 2-bedroom, 1.5-bath condo offering 1,024 square feet of comfortable living in the desirable Somerset Bay community. This home features an open-concept layout with spacious living and dining areas, a functional updated kitchen with ample storage, and a private patio overlooking the water, perfect for relaxing. Enjoy a peaceful neighborhood setting with well-maintained common areas, all just minutes from shopping, dining, entertainment, and major highways for easy commuting. This inviting condo combines convenience, comfort, and a prime location, making it a great place to call home. Make sure to see the extensive list of updates.

Last Agent to Sell the Property

Ryan Foxworthy

F.C. Tucker Company License #RB19000848 Listed on: 06/13/2025

F.C. Tucker Company

Last Buyer's Agent

Paul Gorrell

CrestPoint Real Estate License #RB24000835

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,822

Year Built

  • Built in 1987

Lot Details

  • Lake Front

HOA Fees

  • $369 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Patio Lot
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Water Views
  • Attic Access Panel

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 490230125053000800
  • Seller Concessions Offered

Community Details

Overview

  • Association fees include clubhouse, insurance, lawncare, ground maintenance, maintenance structure, maintenance, management, snow removal, trash
  • Association Phone (317) 429-0397
  • Harbour Club Subdivision
  • Property managed by AAM
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool
  • Fishing

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,822

Year Built

Built in 1987

Lot Details

0

HOA Fees

$369 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Cape Cod, Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1987
  • Building Area Total: 1024
  • Garage Y N: Yes
  • Lot Size Acres: 0.16
  • Subdivision Name: Harbour Club
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 1
  • Lifestyles: Garden/Patio/Zero Lot
  • F H A Certified: Yes
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Breakfast Bar, Vaulted Ceiling(s), Entrance Foyer, Smart Thermostat, Walk-In Closet(s)
  • Living Area: 1024
  • Other Equipment: Smoke Alarm
  • Areas Interior: Laundry in Unit,Living Room - 2 Story
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 572
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 452
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Shingle Siding
  • Exterior Features: Tennis Community
  • Foundation Details: Slab
  • List Price: 259999
  • Patio And Porch Features: Deck, Covered
  • Waterfront Features: Lake Front, Water View
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Parking Other: Garage Door Opener,Guest Street Parking,Keyless Entry
  • Garage Sq Ft: 242

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Laundry Features: Laundry Closet
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Insurance, Maintenance, Maintenance Grounds, Management, Pool, Snow Removal, Trash
  • Association Fee: 369
  • Association Fee Frequency: Monthly
  • Association Phone: 317-429-0397
  • Association YN: Yes
  • Community Features: Fishing, Lake, Pool, Sidewalks, Tennis Court(s)
  • Management Company Name: AAM
  • H O A Disclosures: Covenants & Restrictions,Rental Restrictions
  • Condo Description Location: Building Private Entry
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Clubhouse, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal, Trash

Lot Info

  • Lot Features: Close to Clubhouse
  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 6734
  • Parcel Number: 490230125053000800
  • Acres: <1/4 Acre
  • Price Acre: 1625000

Tax Info

  • Tax Annual Amount: 2822
  • Tax Lot: -
  • Semi Annual Property Tax Amt: 1411
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2025
Closed on
Aug 1, 2025
Sold by
Miller Janet
Bought by
Segal Amy H
Seller's Agent
Ryan Foxworthy
F.C. Tucker Company
Buyer's Agent
Paul Gorrell
CrestPoint Real Estate
List Price
$259,999
Sold Price
$260,000
Premium/Discount to List
$1
0.0%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.14%
Original Mortgage
$208,000
Outstanding Balance
$208,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$49,507

Purchase Details

Listed on
Oct 1, 2018
Closed on
Nov 29, 2018
Sold by
Lueken Gretchen
Bought by
Miller Janet
Seller's Agent
Gretchen Heald
CENTURY 21 Scheetz
Buyer's Agent
Parge June
F.C. Tucker Company
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$85,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2013
Sold by
Lueken E Eckhard J
Bought by
Lueken Gretchen

Purchase Details

Closed on
Aug 15, 2013
Sold by
Vaughan Alfred E
Bought by
Lueken Gretchen
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Chicago Title
Warranty Deed $155,000 Title Services, Llc
Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,000 New Conventional
Previous Owner $85,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Sold $260,000 0.0% $254 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $259,999 +67.7% $254 / Sq Ft
11/29/2018 11/29/18 Sold $155,000 -3.1% $151 / Sq Ft
10/27/2018 10/27/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $160,000 -- $156 / 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 $2,389 $215,400 $24,600 $190,800
2023 $2,389 $203,000 $24,500 $178,500
2022 $3,509 $187,400 $24,400 $163,000
2021 $2,094 $167,100 $24,400 $142,700
2020 $1,994 $166,300 $24,400 $141,900
2019 $1,640 $151,500 $24,400 $127,100
2018 $1,453 $141,400 $24,300 $117,100
2017 $1,413 $135,500 $24,300 $111,200
2016 $1,160 $122,800 $24,300 $98,500
2014 $920 $116,400 $24,300 $92,100
2013 $1,188 $120,300 $24,300 $96,000
Source: Public Records

Agents Affiliated with this Home

  • Ryan Foxworthy

    Seller's Agent in 2025

    Ryan Foxworthy

    F.C. Tucker Company

    (317) 701-0526

    1 in this area

    91 Total Sales

    Ryan Foxworthy
    Section Image
  • Paul Gorrell

    Buyer's Agent in 2025

    Paul Gorrell

    CrestPoint Real Estate

    (463) 270-4221

    2 in this area

    34 Total Sales

    Paul Gorrell
    Section Image
  • Gretchen Heald

    Seller's Agent in 2018

    Gretchen Heald

    CENTURY 21 Scheetz

    (317) 519-4205

    27 Total Sales

    Gretchen Heald
    Section Image

  • P

    Buyer's Agent in 2018

    Parge June

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22036470

MIBOR Broker Listing Cooperative®

APN: 49-02-30-125-053.000-800

Indiana Marion County Indianapolis 46240 Clearwater

2823 Somerset Bay, Indianapolis, IN

This home is located at 2823 Somerset Bay, Indianapolis, IN 46240 and is currently priced at $260,000, approximately $253 per square foot. This property was built in 1987. 2823 Somerset Bay is a home located in Marion County with nearby schools including Clearwater Elementary School, Eastwood Middle School, and North Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the 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. Some IDX listings have been excluded from this website.

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