NOT LISTED FOR SALE

5501 Bay Landing Cir Indianapolis, IN 46254

Eagle Creek Neighborhood

Estimated Value: $654,652 - $893,000

4 Beds
4.5 Baths
6,551 Sq Ft
$119/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $562,500 $86 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,603/month

41 Days on Market

Highlights

  • 0.56 Acre Lot
  • Traditional Architecture
  • Wood Flooring
  • Great Room with Fireplace
  • Cathedral Ceiling
  • 3 Car Attached Garage

About This Home

As of June 2020

You can have it all in this 4 bdrm 4.5 ba home on wooded cul-de-sac lot that includes boat dock & lake access. Soaring 2 story entry & great rm w/abundance of windows w/exceptional views elevates this homes appeal! Cozy den, formal dining w/tray ceiling & mn flr laundry rm. Kitchen w/vaulted ceiling, granite tops, SS appls, brkfst bar, adjoining hearth rm w/built-ins & 2 sided frplc shared w/great rm. Main flr master retreat enhanced w/spa tub, sep shower, dbl sinks & WIC...also plenty of rm for sitting area! Upstairs offers roomy loft & 2 bedrms w/2 full baths. Finished bsmt - ideal entertaining space w/family rm, 2 sided frplc, walk-in wet bar, 4th bedrm, bath & rec area + storage. Ideal outdoor entertaining w/screened porch/deck.

Last Agent to Sell the Property

Eric Forney

Keller Williams Indy Metro S License #RB14051770 Listed on: 03/27/2020

Keller Williams Indy Metro S

Co-Listed By

Ashley Crouch

Keller Williams Indy Metro S License #RB16000747

Last Buyer's Agent

Rodney Heard

eXp Realty LLC

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,178

Year Built

  • Built in 1992

Lot Details

  • 0.56 Acre Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Tray Ceiling
  • Cathedral Ceiling
  • Great Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Sump Pump
  • Fireplace in Basement
  • Basement Lookout

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Association fees include home owners, insurance, maintenance, management, security, snow removal
  • Bay Landing Subdivision
  • Property managed by Crossroads
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 490510109012000600

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,178

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1992
  • Co List Office Phone: 317-564-7100
  • Garage Y N: Yes
  • Lot Size Acres: 0.56
  • Subdivision Name: BAY LANDING
  • Inspection Warranties: Not Applicable
  • Property Description: You can have it all in this 4 bdrm 4.5 ba home on wooded cul-de-sac lot that includes boat dock & lake access. Soaring 2 story entry & great rm w/abundance of windows w/exceptional views elevates this homes appeal! Cozy den, formal dining w/tray ceiling & mn flr laundry rm. Kitchen w/vaulted ceiling, granite tops, SS appls, brkfst bar, adjoining hearth rm w/built-ins & 2 sided frplc shared w/great rm. Main flr master retreat enhanced w/spa tub, sep shower, dbl sinks & WIC...also plenty of rm for sitting area! Upstairs offers roomy loft & 2 bedrms w/2 full baths. Finished bsmt - ideal entertaining space w/family rm, 2 sided frplc, walk-in wet bar, 4th bedrm, bath & rec area + storage. Ideal outdoor entertaining w/screened porch/deck.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: 9 feet+Ceiling, Finished Ceiling, Finished, Daylight/Lookout Windows
  • Appliances: Electric Cooktop, Dishwasher, MicroHood, Microwave, Trash Compactor
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 2-Sided, Basement, Great Room, Recreation Room
  • Fireplaces: 2
  • Interior Amenities: Built In Book Shelves, Cathedral Ceiling(s), Tray Ceiling(s), Walk-in Closet(s), Hardwood Floors, WoodWorkStain/Painted
  • Living Area: 6551
  • Other Equipment: Sump Pump, WetBar
  • Room Count: 14
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 4087
  • Main Level Sq Ft: 2464
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,Suite,Tub Full with Separate Shower
  • Total Sq Ft: 6551
  • Kitchen Features: Breakfast Bar,Pantry
  • Below Grade Sq Ft: 2464
  • Upper Level Sq Ft: 1623
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter
  • List Price: 589000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Screened in Porch

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air, Humidifier
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Management Company Name: Crossroads
  • Management Company Phone: 317-222-1080
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Insurance, Maintenance, Management, Security, Snow Removal
  • Mandatory Fee: 750

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490510109012000600
  • Acres: 1/2-1 Acre
  • Lot Information: Cul-De-Sac,Dock Owned,Gated Community,Tree Mature
  • Lot Number: 1
  • Lot Size: 0.56 AC

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 5178
  • Semi Annual Property Tax Amt: 2589
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Pike Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jun 10, 2020
Sold by
Oh Chris and Fu Chunyan
Bought by
Wolverton Jay
Seller's Agent
Eric Forney
Keller Williams Indy Metro S
Buyer's Agent
Rodney Heard
eXp Realty LLC
List Price
$589,000
Sold Price
$562,500
Premium/Discount to List
-$26,500
-4.5%
Current Estimated Value
$780,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,413
Avg. Annual Appreciation
6.35%
Original Mortgage
$510,400
Outstanding Balance
$452,431
Interest Rate
3.2%
Mortgage Type
Construction
Estimated Equity
$328,482

Purchase Details

Closed on
May 9, 2017
Sold by
Pillai Saila Thanu
Bought by
Oh Chris and Fu Chunyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2015
Sold by
Dennis Joshua and Pillai Saila
Bought by
Pillai Saila Thanu

Purchase Details

Listed on
May 13, 2013
Closed on
Jul 1, 2014
Sold by
Blanton Craig E and Blanton Mary Carol
Bought by
Pillai Saila and Pillai Dennis Joshua
Seller's Agent
Steve Decatur
CENTURY 21 Scheetz
Buyer's Agent
Ginny Purdy-Paskoff
F.C. Tucker Company
List Price
$579,900
Sold Price
$515,000
Premium/Discount to List
-$64,900
-11.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$463,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Wolverton Jay $562,500 Chicago Title Company Llc
Oh Chris $540,000 --
Oh Chris $540,000 Title Links Llc
Pillai Saila Thanu -- Attorney
Pillai Saila $515,000 Enterprise Title
Dennis Joshua -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolverton Jay $510,400
Previous Owner Oh Chris $405,000
Previous Owner Dennis Joshua $463,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2020 06/11/20 Sold $562,500 -4.5% $86 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $589,000 +14.4% $90 / Sq Ft
07/01/2014 07/01/14 Sold $515,000 -6.3% $79 / Sq Ft View Prior Sale
05/13/2014 05/13/14 Pending -- -- --
09/24/2013 09/24/13 Price Changed $549,900 -2.7% $84 / Sq Ft
08/19/2013 08/19/13 Price Changed $564,900 -2.6% $86 / Sq Ft
05/13/2013 05/13/13 For Sale $579,900 -- $89 / 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 $5,367 $522,300 $131,400 $390,900
2023 $5,367 $522,300 $131,400 $390,900
2022 $6,933 $522,300 $131,400 $390,900
2021 $5,877 $574,100 $96,100 $478,000
2020 $5,648 $551,500 $96,100 $455,400
2019 $5,494 $536,500 $96,100 $440,400
2018 $5,303 $517,700 $96,100 $421,600
2017 $5,397 $527,500 $96,100 $431,400
2016 $5,239 $512,100 $96,100 $416,000
2014 $4,698 $469,800 $96,100 $373,700
2013 -- $469,800 $96,100 $373,700
Source: Public Records

Agents Affiliated with this Home

  • Eric Forney

    Seller's Agent in 2020

    Eric Forney

    Keller Williams Indy Metro S

    (317) 537-0029

    12 in this area

    1,079 Total Sales

    Eric Forney
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Ashley Crouch

    Keller Williams Indy Metro S

    (765) 635-9415

    70 Total Sales

    Ashley Crouch
    Section Image

  • R

    Buyer's Agent in 2020

    Rodney Heard

    eXp Realty LLC

    Section Image
  • Steve Decatur

    Seller's Agent in 2014

    Steve Decatur

    CENTURY 21 Scheetz

    (317) 590-7807

    34 Total Sales

    Steve Decatur
    Section Image

  • G

    Buyer's Agent in 2014

    Ginny Purdy-Paskoff

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21702058

MIBOR Broker Listing Cooperative®

APN: 49-05-10-109-012.000-600

Indiana Marion County Indianapolis 46254 Eagle Creek

5501 Bay Landing Cir, Indianapolis, IN

This home is located at 5501 Bay Landing Cir, Indianapolis, IN 46254 since 27 March 2020 and is currently estimated at $780,913, approximately $119 per square foot. This property was built in 1992. 5501 Bay Landing Cir is a home located in Marion County with nearby schools including Pike High School and Enlace Academy.

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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