NOT LISTED FOR SALE

8149 Lower Bay Ln Unit 6-3 Indianapolis, IN 46236

Geist Neighborhood

Estimated Value: $275,000 - $497,000

2 Beds
3.5 Baths
2,202 Sq Ft
$394/mo HOA Fee

Last Sold June 12, 2014

Last sale price $265,000 $120 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,089/month

51 Days on Market

Highlights

  • Lake Front
  • Fireplace in Primary Bedroom
  • Cathedral Ceiling
  • Mature Trees
  • Traditional Architecture
  • Wood Flooring

About This Home

As of June 2014

Enjoy the spectacular views from this renovated Geist waterfront condo. New gunsmoke, 3/4" hdwds, kitchen restructured for added space w/new Schrock Shaker cabinets, granite counters, backsplash & SS appliances. Sunken LR 1/13ft cath clgs & amazing new Heat & Glo, furnace rated, stone frplc, new carpet & tile down. Mstr w/updated bath, frplc & 3 closets. Fresh paint, lighting & fixtures. Private, wooded setting in no wake zone. If you appreciate mother nature and beauty, it can be yours

Last Agent to Sell the Property

Tim Boston

Carpenter, REALTORS® License #RB14050068 Listed on: 03/14/2014

Carpenter, REALTORS®

Last Buyer's Agent

Mickey Peek

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 1982

Lot Details

  • Lake Front
  • Mature Trees

HOA Fees

  • $394 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Concrete Perimeter Foundation
  • Cedar
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Paddle Fans
  • Skylights
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement
  • Attic Access Panel
  • Monitored
  • Laundry on upper level

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Multiple Outdoor Decks
  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 490121137010000400

Community Details

Overview

  • Association fees include clubhouse, ground maintenance, maintenance structure, management, snow removal, trash, tennis court(s)
  • Backbay Hpr Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,534

Year Built

Built in 1982

Lot Details

0

HOA Fees

$394 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican, Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1982
  • Building Area Total: 3064
  • Garage Y N: Yes
  • Subdivision Name: Backbay Hpr
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: timboston.callcarpenter.com
  • Floor Number: 1
  • Unit Entry Level: 1
  • MBR_AttributionContact: tboston@mibor.net
  • Special Features: VirtualTour

Interior Features

  • Common Walls: End Unit
  • Basement: Yes
  • Basement Type: Finished, Walk Out
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 775
  • Fireplace Features: Family Room, Great Room, Masonry, Primary Bedroom
  • Fireplaces: 3
  • Interior Amenities: Attic Access, Built In Book Shelves, Cathedral Ceiling(s), Hardwood Floors, Skylight(s), Walk-in Closet(s), Breakfast Bar, Paddle Fan, Central Vacuum, Entrance Foyer, Pantry, Wet Bar
  • Living Area: 2202
  • Other Equipment: Security Alarm Monitored
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1222
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 980
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2202

Exterior Features

  • Construction Materials: Cedar, Stone
  • Disclosures: Not Applicable
  • Exterior Features: Tennis Community, Dock
  • Foundation Details: Concrete Perimeter
  • List Price: 279000
  • Patio And Porch Features: Multiple Decks, Covered Porch
  • Pool Features: Community, Association
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 394
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Condo Description Location: Building Common Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Clubhouse, Entrance Common, Maintenance Grounds, Maintenance Structure, Management, Snow Removal, Trash, Tennis Court(s)

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Parcel Number: 490121137010000400
  • Acres: CndHPRCoop

Tax Info

  • Tax Annual Amount: 2534
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1267
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2014
Closed on
Jun 12, 2014
Sold by
Scott Nina A and Scott James R
Bought by
Scherkenbach Mary C and Scherkenbach Jed J
Seller's Agent
Tim Boston
Carpenter, REALTORS®
Buyer's Agent
Mickey Peek
F.C. Tucker Company
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%
Total Days on Market
51
Current Estimated Value
$415,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,792
Avg. Annual Appreciation
5.39%
Original Mortgage
$159,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2014
Closed on
May 10, 2014
Sold by
Scott James R and Scott Nina A
Bought by
Scherkenbach Jed J and Scherkenbach Mary C
Seller's Agent
Tim Boston
Carpenter, REALTORS®
Buyer's Agent
Mickey Peek
F.C. Tucker Company
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
Regions Bank
Bought by
Scott James R and Scott Nina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2011
Sold by
National Mortgage Solutions Llc
Bought by
Regions Bank

Purchase Details

Closed on
Apr 24, 2008
Sold by
National Mortgage Solutions Llc
Bought by
Owen Michael W

Purchase Details

Closed on
Dec 7, 2007
Sold by
Real Estate Advantage Llc
Bought by
National Mortgage Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2005
Sold by
Owen Michael W
Bought by
Real Estate Advantage Llc

Purchase Details

Closed on
Feb 15, 2005
Sold by
Cornett Eugene P
Bought by
Owen Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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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
Scherkenbach Mary C $265,000 Title Services Llc
Scherkenbach Jed J -- None Available
Scott James R -- Chicago Title Smith Valley
Regions Bank $170,720 None Available
Owen Michael W -- None Available
National Mortgage Solutions Llc -- None Available
Real Estate Advantage Llc -- None Available
Owen Michael W -- None Available
Owen Michael W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherkenbach Jed J $169,500
Closed Scherkenbach Jed J $159,000
Previous Owner Scott James R $132,000
Previous Owner National Mortgage Solutions Llc $272,000
Previous Owner Owen Michael W $312,726
Previous Owner Owen Michael W $200,000
Previous Owner Owen Michael W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2014 06/12/14 Sold $265,000 -5.0% $120 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $279,000 -- $127 / 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 $4,320 $387,700 $47,000 $340,700
2023 $4,320 $387,700 $47,000 $340,700
2022 $4,291 $378,300 $46,700 $331,600
2021 $4,027 $350,100 $47,300 $302,800
2020 $3,476 $298,800 $45,500 $253,300
2019 $3,069 $298,800 $45,500 $253,300
2018 $2,901 $282,200 $46,000 $236,200
2017 $2,864 $278,700 $46,000 $232,700
2016 $2,796 $272,100 $45,700 $226,400
2014 $2,550 $255,000 $46,800 $208,200
2013 $2,550 $255,000 $46,800 $208,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tim Boston

    Carpenter, REALTORS®

    (317) 844-4400

    1 in this area

    23 Total Sales

    Tim Boston
    Section Image
  • Mickey Peek

    Buyer's Agent in 2014

    Mickey Peek

    F.C. Tucker Company

    (317) 590-5430

    7 in this area

    227 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21279117

MIBOR Broker Listing Cooperative®

APN: 49-01-21-137-010.000-400

Indiana Marion County Indianapolis 46236 Geist

8149 Lower Bay Ln Unit 6-3, Indianapolis, IN

This home is located at 8149 Lower Bay Ln Unit 6-3, Indianapolis, IN 46236 since 14 March 2014 and is currently estimated at $415,792, approximately $188 per square foot. This property was built in 1982. 8149 Lower Bay Ln Unit 6-3 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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