NOT LISTED FOR SALE

8079 Lower Bay Ln Indianapolis, IN 46236

Geist Neighborhood

Estimated Value: $389,686 - $451,000

2 Beds
3.5 Baths
2,060 Sq Ft
$429/mo HOA Fee

Last Sold December 21, 2016

Last sale price $270,000 $131 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,089/month

63 Days on Market

Highlights

  • Lake Front
  • Deck
  • Vaulted Ceiling
  • In Ground Pool
  • Family Room with Fireplace
  • Covered Patio or Porch

About This Home

As of December 2016

Spacious Geist waterfront condo w/deeded boat dock! Almost 3,000 SF of living space. Stunning wooded & water views. Finished walkout LL w/full bath, wet bar & fireplace. Lrg master bedroom w/huge WIC & vaulted ceiling. Luxury master bath w/steam shower & jetted tub. Deck & patio. Interior freshly painted, new tile flooring in bathroom, new water softener. Must see to enjoy!

Last Agent to Sell the Property

Chris Schulhof

RE/MAX Realty Services License #RB14031306 Listed on: 09/16/2016

RE/MAX Realty Services

Co-Listed By

J. Martin Russel

Dropped Members License #RB14047057

Last Buyer's Agent

Julie Preston

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 1997

Lot Details

  • Lake Front

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Concrete Perimeter Foundation
  • Cedar
  • Stone

Interior Spaces

  • Multi-Level Property
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Family or Dining Combination
  • Monitored
  • Laundry on upper level

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Multiple Phone Lines
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 490121120010002400

Community Details

Overview

  • Association fees include clubhouse, insurance, lawncare, maintenance structure, management, snow removal, tennis court(s), trash
  • Backbay Hpr Subdivision
  • Property managed by Refer to agent

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,968

Year Built

Built in 1997

Lot Details

0

HOA Fees

$429 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1997
  • Building Area Total: 2900
  • Co List Office Phone: 317-842-4747
  • Garage Y N: Yes
  • Lot Size Acres: 0.02
  • Subdivision Name: Backbay Hpr
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.indyplace.com
  • Floor Number: 1
  • Unit Entry Level: 1
  • MBR_AttributionContact: chris@indyplace.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Walk Out, Sump Pump
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Gas Water Heater, Water Softener Owned
  • Levels: Multi/Split
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 756
  • Fireplace Features: Family Room, Gas Log, Gas Starter, Great Room
  • Fireplaces: 2
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Skylight(s), Windows Thermal, Wood Work Painted, Breakfast Bar, Entrance Foyer, Network Ready, Pantry
  • Living Area: 2060
  • Other Equipment: Multiple Phone Lines, Satellite Dish Paid, Security Alarm Monitored, Smoke Alarm
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 840
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1220
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2900

Exterior Features

  • Construction Materials: Cedar, Stone
  • Disclosures: Not Applicable
  • Exterior Features: Tennis Court(s), Dock
  • Fencing: Privacy
  • Foundation Details: Concrete Perimeter
  • List Price: 287000
  • Patio And Porch Features: Deck Main Level, Covered Porch
  • Pool Features: Below Ground, Association
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Garage Door Opener, Storage
  • Garage Parking Other: Finished Garage

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Upper Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 429
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Management Company Name: Refer to agent
  • Condo Description Location: Ground Level

Fee Information

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

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Parcel Number: 490121120010002400
  • Acres: CndHPRCoop

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2968
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 1484
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Dec 23, 2016
Sold by
Hendricks Douglas J
Bought by
Burchett Randy
Seller's Agent
Chris Schulhof
RE/MAX Realty Services
Buyer's Agent
Julie Preston
F.C. Tucker Company
List Price
$287,000
Sold Price
$270,000
Premium/Discount to List
-$17,000
-5.92%
Current Estimated Value
$427,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,172
Avg. Annual Appreciation
5.73%
Original Mortgage
$243,000
Outstanding Balance
$203,764
Interest Rate
4.32%
Estimated Equity
$233,798

Purchase Details

Closed on
May 2, 2006
Sold by
Steinberg David I
Bought by
Hendricks Douglas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Burchett Randy -- --
Hendricks Douglas J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burchett Randy $243,000
Closed Burchett Randy $243,000
Previous Owner Hendricks Douglas J $232,000
Previous Owner Hendricks Douglas J $14,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2016 12/21/16 Sold $270,000 0.0% $131 / Sq Ft
11/21/2016 11/21/16 Off Market $270,000 -- --
09/16/2016 09/16/16 For Sale $287,000 0.0% $139 / Sq Ft
04/15/2015 04/15/15 Rented $2,000 0.0% --
03/07/2015 03/07/15 Under Contract -- -- --
06/13/2014 06/13/14 For Rent $2,000 -- --
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 $3,982 $349,400 $45,000 $304,400
2023 $3,982 $357,100 $45,000 $312,100
2022 $3,845 $335,200 $45,000 $290,200
2021 $3,633 $315,700 $45,000 $270,700
2020 $3,448 $296,400 $45,000 $251,400
2019 $3,045 $296,400 $45,000 $251,400
2018 $3,002 $292,300 $45,000 $247,300
2017 $3,022 $294,500 $45,000 $249,500
2016 $3,041 $296,600 $45,000 $251,600
2014 $3,008 $300,800 $45,000 $255,800
2013 $3,008 $300,800 $45,000 $255,800
Source: Public Records

Agents Affiliated with this Home

  • Chris Schulhof

    Seller's Agent in 2016

    Chris Schulhof

    RE/MAX Realty Services

    (317) 585-7653

    27 in this area

    280 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    J. Martin Russel

    Dropped Members

  • J

    Buyer's Agent in 2016

    Julie Preston

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21443509

MIBOR Broker Listing Cooperative®

APN: 49-01-21-120-010.002-400

Indiana Marion County Indianapolis 46236 Geist

8079 Lower Bay Ln, Indianapolis, IN

This home is located at 8079 Lower Bay Ln, Indianapolis, IN 46236 since 16 September 2016 and is currently estimated at $427,172, approximately $207 per square foot. This property was built in 1997. 8079 Lower Bay Ln is a home located in Marion County with nearby schools including Amy Beverland Elementary School, Belzer Middle School, and Lawrence 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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