8417 Bay Colony Dr Indianapolis, IN 46234
Eagle Creek NeighborhoodEstimated payment $8,857/month
Highlights
- Water Views
- Reservoir Front
- Midcentury Modern Architecture
- Water Access
- 0.59 Acre Lot
- Mature Trees
About This Home
A true ONCE in a lifetime opportunity! This Waterfront home, in exclusive gated Bay Colony has been modernized after 40 year original ownership. Where else can you Sip espresso while watching the rowing teams practicing on Eagle Creek Reservoir, boat over to Rick's Cafe Boatyard & fly out of Eagle Creek Airpark? This Mid-Century style home, with Broken-Stoneface limestone exterior & Rustic Channel Cedar Siding & trim, exudes modern organic style & offers a panoramic water view from the Front Door, through the three new 9' sliders in the Great Room, & sliders in two bedrooms. Enter through Contemporary Glass Entry Doors into the expansive foyer, featuring Daltile Indian Multicolor Versailles Slate floors, opening into the two-story Great Room with Stone fireplace & vintage wood mantle, made from wood originally on the property. Pier 55 Oak Flooring throughout. The kitchen features custom Quarter Sawn Oak, Cottage Sheer White Cabinets, champagne bronze hardware, leathered granite counters, Cafe' Refrigerator, Cafe' dual-fuel Range with motion sensor Hood, and Cafe' Dishwasher. Flanking the range, are ample spice storage & gourmet knife drawers. Lakehouse sink with Pella triple windows for luxury water view. Cherry Island includes Thermador Microwave, extra Whirlpool oven & serving-dish drawer, including additional holiday dish storage under the barstool area. Family room includes space for formal dining with feature lighting above for a 10 foot dining table, & additional fireplace for entertaining the whole family for the holidays. Upstairs bonus room for home office or den. Extra Large Private Primary ensuite includes two Vanities, Limestone tile with seashells & fossils surrounding the soaking tub, & glass enclosed champagne bronze shower. Private Primary balcony. Freshly painted home exterior including new Malarky AR roof with 40 year shingle and GutterHelmet, shaded Trex Deck & Cable Railing system. Boat dock for relaxing evening rides across the water.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,240
Year Built
- Built in 1985 | Remodeled
Lot Details
- 0.59 Acre Lot
- Reservoir Front
- Cul-De-Sac
- Mature Trees
- Wooded Lot
HOA Fees
- $122 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Property Views
- Water
- Woods
Home Design
- Midcentury Modern Architecture
- Contemporary Architecture
- Wood Siding
- Stone
Interior Spaces
- 2-Story Property
- Woodwork
- Cathedral Ceiling
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Great Room with Fireplace
- Living Room with Fireplace
- Crawl Space
- Permanent Attic Stairs
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Engineered Wood
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Soaking Tub
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Water Access
Utilities
- Central Air
- Geothermal Heating and Cooling
- Electric Water Heater
Community Details
- Association fees include home owners, maintenance, snow removal
- Bay Colony Subdivision
- Property managed by Bay Colony HOA
Listing and Financial Details
- Legal Lot and Block 6 / 1
- Assessor Parcel Number 490509111009000600
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,282 | $806,400 | $201,300 | $605,100 |
| 2023 | $8,282 | $806,400 | $201,300 | $605,100 |
| 2022 | $8,276 | $806,400 | $201,300 | $605,100 |
| 2021 | $7,201 | $699,500 | $201,300 | $498,200 |
| 2020 | $7,093 | $689,300 | $201,300 | $488,000 |
| 2019 | $6,851 | $665,700 | $201,300 | $464,400 |
| 2018 | $6,609 | $642,100 | $201,300 | $440,800 |
| 2017 | $6,571 | $638,900 | $201,300 | $437,600 |
| 2016 | $6,331 | $615,500 | $201,300 | $414,200 |
| 2014 | $5,964 | $596,400 | $201,300 | $395,100 |
| 2013 | $6,497 | $596,400 | $201,300 | $395,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2025 09/13/25 | Pending | -- | -- | -- |
| 09/05/2025 09/05/25 | For Sale | $1,495,000 | +113.9% | $385 / Sq Ft |
| 10/03/2024 10/03/24 | Sold | $699,000 | 0.0% | $182 / Sq Ft |
| 09/04/2024 09/04/24 | Pending | -- | -- | -- |
| 09/03/2024 09/03/24 | For Sale | $699,000 | -- | $182 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $699,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $559,200 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22060964
APN: 49-05-09-111-009.000-600
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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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