NOT LISTED FOR SALE

8131 Lower Bay Ln Indianapolis, IN 46236

Geist Neighborhood

Estimated Value: $385,653 - $469,000

2 Beds
3.5 Baths
1,903 Sq Ft
$393/mo HOA Fee

Last Sold July 20, 2012

Last sale price $215,000 $113 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,070/month

45 Days on Market

Highlights

  • Lake Front
  • Deck
  • Family Room with Fireplace
  • Mature Trees
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of July 2012

What a value. Over 40K less than last purchase price. best deal on the lake! Needs updating, but, price allows for it. Once updated, this would be a gem of an investment. Imagine waking up and walking straight out to the lake for under 250k. Fantastic views. Neighborhood tennis & pool. Office, screened porch and 2 fireplaces. Come put your personal touches on this great lake front condo. Snap this up before someone else does.

Last Agent to Sell the Property

Tommy Roylance

F.C. Tucker Company License #RB14042381 Listed on: 05/14/2012

F.C. Tucker Company

Last Buyer's Agent

Dave McClain

eXp Realty, LLC License #RB16000203

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 1984

Lot Details

  • Lake Front
  • Mature Trees

HOA Fees

  • $393 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Family or Dining Combination
  • Finished Basement
  • Walk-Out Basement
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 490121137001000400

Community Details

Overview

  • Association fees include home owners, clubhouse, insurance, ground maintenance, maintenance structure, management, tennis court(s)
  • Backbay Hpr Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,456

Year Built

Built in 1984

Lot Details

0

HOA Fees

$393 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1984
  • Building Area Total: 2934
  • Garage Y N: Yes
  • Subdivision Name: Backbay Hpr
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Floor Number: 1
  • Unit Entry Level: 1
  • MBR_AttributionContact: troylance@comcast.net
  • Special Features: VirtualTour

Interior Features

  • Common Walls: End Unit
  • Basement: Yes
  • Basement Type: Finished, Walk Out
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Trash Compactor, Washer, Electric Water Heater, Water Softener Owned
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 927
  • Fireplace Features: Family Room, Gas Log, Great Room
  • Fireplaces: 2
  • Interior Amenities: Vaulted Ceiling(s), Hardwood Floors, Skylight(s), Walk-in Closet(s), Wet Bar, Central Vacuum, Eat-in Kitchen, Entrance Foyer, Hi-Speed Internet Availbl, Center Island, Primary Bedroom on Main, Pantry
  • Living Area: 1903
  • Main Level Bedrooms: 1
  • Other Equipment: Intercom, Smoke Alarm
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1384
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 519
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 1903

Exterior Features

  • Construction Materials: Stone, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Tennis Community, Dock
  • Foundation Details: Concrete Perimeter
  • List Price: 239000
  • Patio And Porch Features: Deck Main Level, Deck UP
  • Pool Features: Community, Association
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Electric
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 393
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Clubhouse, Entrance Common, Insurance, Insurance, Maintenance Grounds, Maintenance Structure, Management, Tennis Court(s)

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Parcel Number: 490121137001000400
  • Acres: CndHPRCoop

Tax Info

  • Tax Annual Amount: 2456
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 1228
  • Tax Exemption: Homestead Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2018
Sold by
Green Louis A
Bought by
Mathis Bartley W and Mathis Lauren R
Current Estimated Value
$430,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2012
Closed on
Jul 20, 2012
Sold by
Keegan Gerald and Keegan Lynn
Bought by
Green Louis A
Seller's Agent
Tommy Roylance
F.C. Tucker Company
Buyer's Agent
Dave McClain
eXp Realty, LLC
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$100,000
Interest Rate
3.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 2005
Sold by
Keegan Gerald and Keegan Lynn
Bought by
Horner Ricky D and Horner Sharon A
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 Buyer Sale Price Title Company
Mathis Bartley W $310,000 First American Title
Green Louis A $310,000 First American Title
Green Louis A -- None Available
Horner Ricky D -- None Available
Keegan Gerald -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathis Bartley W $218,500
Closed Mathis Bartley W $220,000
Previous Owner Green Louis A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2012 07/20/12 Sold $215,000 0.0% $113 / Sq Ft
06/29/2012 06/29/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $215,000 -- $113 / 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 $4,211 $377,800 $48,900 $328,900
2023 $4,211 $377,800 $48,900 $328,900
2022 $4,177 $368,700 $48,600 $320,100
2021 $3,924 $341,700 $49,200 $292,500
2020 $3,316 $285,700 $47,300 $238,400
2019 $3,003 $292,200 $47,300 $244,900
2018 $2,447 $236,800 $47,800 $189,000
2017 $2,410 $233,300 $47,800 $185,500
2016 $2,356 $228,100 $47,600 $180,500
2014 $2,200 $266,400 $48,700 $217,700
2013 $2,591 $266,400 $48,700 $217,700
Source: Public Records

Agents Affiliated with this Home

  • Tommy Roylance

    Seller's Agent in 2012

    Tommy Roylance

    F.C. Tucker Company

    (317) 372-7372

    124 Total Sales

    Tommy Roylance
    Section Image

  • D

    Buyer's Agent in 2012

    Dave McClain

    eXp Realty, LLC

    (888) 611-3912

    6 Total Sales

    Dave McClain
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21176498

MIBOR Broker Listing Cooperative®

APN: 49-01-21-137-001.000-400

Indiana Marion County Indianapolis 46236 Geist

8131 Lower Bay Ln, Indianapolis, IN

This home is located at 8131 Lower Bay Ln, Indianapolis, IN 46236 since 14 May 2012 and is currently estimated at $430,163, approximately $226 per square foot. This property was built in 1984. 8131 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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