NOT LISTED FOR SALE

8122 River Bay Dr E Unit 23 Indianapolis, IN 46240

Clearwater Neighborhood

Estimated Value: $368,902 - $398,000

2 Beds
2 Baths
1,764 Sq Ft
$320/mo HOA Fee

Last Sold May 22, 2020

Last sale price $270,000 $153 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,708/month

49 Days on Market

Highlights

  • Waterfront
  • Mature Trees
  • Vaulted Ceiling
  • Clearwater Elementary School Rated A-
  • Deck
  • Traditional Architecture

About This Home

As of May 2020

Wonderful Community in Sandy Point. Love the soaring ceiling and fireplace in living/dining room area. Sweet den with sliding doors out to the deck. Wonderful master suite with large walk-in shower, double sinks and large closets. Second bedroom has adjoining bath with a tub. Eat in kitchen with stainless steel appliances. 2 car attached garage with lots of storage cabinets. Delightful sunroom with skylights leads out to a large deck. Dock located down the steps in the inlet,, tennis courts, community pool, boat storage & ramp! This neighborhood has it all!

Last Agent to Sell the Property

Libby Somerville

Compass Indiana, LLC License #RB14045269 Listed on: 03/03/2020

Compass Indiana, LLC

Last Buyer's Agent

Alice Steppe

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • Mature Trees

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,764 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Vaulted Ceiling
  • Paddle Fans
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Family or Dining Combination
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Handicap Accessible
  • Deck

Listing and Financial Details

  • Legal Lot and Block 2 / 4
  • Assessor Parcel Number 490219106013000800

Community Details

Overview

  • Association fees include home owners, insurance, ground maintenance, resident manager, snow removal, tennis court(s)
  • Sandy Point Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,002

Year Built

Built in 1988

Lot Details

0

HOA Fees

$320 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1988
  • Building Area Total: 1764
  • Garage Y N: Yes
  • Lot Size Acres: 0.0503
  • Subdivision Name: Sandy Point
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Lifestyles: Flat
  • Unit Entry Level: 1
  • MBR_AttributionContact: libby.somerville@compass.com
  • Active Open House Count: 0
  • Special Features: VirtualTour

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Built In Book Shelves, Vaulted Ceiling(s), Handicap Accessible Interior, Skylight(s), WoodWorkStain/Painted, Paddle Fan, Eat-in Kitchen, Entrance Foyer
  • Living Area: 1764
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1764
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 1764

Exterior Features

  • Construction Materials: Wood Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 280000
  • Patio And Porch Features: Deck Main Level
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Concrete, Guest Parking
  • Garage Parking Other: Finished Garage
  • Garage Sq Ft: 462

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Laundry Closet, Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 320
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Management Company Name: -
  • Condo Description Location: Ground Level
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Association Home Owners, Insurance, Insurance, Maintenance Grounds, Resident Manager, Snow Removal, Tennis Court(s)

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 2191
  • Parcel Number: 490219106013000800
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3002
  • Tax Block: 4
  • Tax Lot: 2
  • Semi Annual Property Tax Amt: 1501
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2021
Sold by
Fallon Marianna
Bought by
Fallon Trust
Current Estimated Value
$385,726

Purchase Details

Listed on
Mar 3, 2020
Closed on
May 22, 2020
Sold by
Otto W. David
Bought by
Marianna Fallon
Seller's Agent
Libby Somerville
Compass Indiana, LLC
Buyer's Agent
Alice Steppe
Real Broker, LLC
List Price
$312,000
Sold Price
$270,000
Premium/Discount to List
-$42,000
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Interest Rate
3.24%

Purchase Details

Listed on
Mar 3, 2020
Closed on
Apr 20, 2020
Sold by
Otto W Dvid W and Otto Judith M
Bought by
Fallon Marianna
Seller's Agent
Libby Somerville
Compass Indiana, LLC
Buyer's Agent
Alice Steppe
Real Broker, LLC
List Price
$312,000
Sold Price
$270,000
Premium/Discount to List
-$42,000
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.24%
Source: Public Records

Range of Values:

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Average Value
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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
Fallon Trust -- None Available
Marianna Fallon $270,000 --
Fallon Marianna -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fallon Marianna $100,000
Previous Owner Fallon Marianna $100,000
Previous Owner Marianna Fallon --
Previous Owner Otto Otto W $30,000
Previous Owner Otto W D W $172,000
Previous Owner Otto W David $159,500
Previous Owner Otto David W $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $270,000 -3.6% $153 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/13/2020 04/13/20 Price Changed $280,000 -6.7% $159 / Sq Ft
03/13/2020 03/13/20 Price Changed $300,000 -3.8% $170 / Sq Ft
03/03/2020 03/03/20 For Sale $312,000 -- $177 / 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 $3,990 $311,600 $82,900 $228,700
2023 $3,990 $307,500 $82,800 $224,700
2022 $4,333 $334,800 $82,900 $251,900
2021 $3,845 $279,400 $30,300 $249,100
2020 $3,389 $262,100 $30,300 $231,800
2019 $3,244 $267,200 $30,300 $236,900
2018 $3,097 $261,200 $30,400 $230,800
2017 $2,977 $254,300 $30,400 $223,900
2016 $2,460 $224,500 $30,200 $194,300
2014 $2,262 $225,100 $30,200 $194,900
2013 $2,596 $226,100 $30,200 $195,900
Source: Public Records

Agents Affiliated with this Home

  • Libby Somerville

    Seller's Agent in 2020

    Libby Somerville

    Compass Indiana, LLC

    (317) 590-4470

    1 in this area

    129 Total Sales

    Libby Somerville
    Section Image

  • A

    Buyer's Agent in 2020

    Alice Steppe

    Real Broker, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21697950

MIBOR Broker Listing Cooperative®

APN: 49-02-19-106-013.000-800

Indiana Marion County Indianapolis 46240 Clearwater

8122 River Bay Dr E Unit 23, Indianapolis, IN

This home is located at 8122 River Bay Dr E Unit 23, Indianapolis, IN 46240 since 03 March 2020 and is currently estimated at $385,726, approximately $218 per square foot. This property was built in 1988. 8122 River Bay Dr E Unit 23 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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