Seller's Agent in 2025
Melissa Barclay
eXp Realty LLC
(317) 432-7479
2 in this area
55 Total Sales
9232 Backwater Dr Indianapolis, IN 46250
Castleton Neighborhood
2
Beds
2.5
Baths
1,612
Sq Ft
$295/mo
HOA Fee
Highlights
- Home fronts a pond
- Updated Kitchen
- Traditional Architecture
- Pond View
- Property is near clubhouse
- End Unit
About This Home
As of October 2025Located in the highly desired Spinnaker Cove neighborhood, this inviting home presents a unique condominium lifestyle in a fantastic location, located just south of 96th St. off of Masters Road. Move in ready, this home offers an exceptional opportunity to enjoy waterfront living. The living room offers an open floor plan enhanced by the comforting presence of a fireplace, creating a focal point for relaxation and gatherings. Imagine cozy evenings spent enjoying the warmth and ambiance as you unwind from the day. The very spacious kitchen features several cabinets and a lot of counter space, offering both practical workspace and a casual dining spot. The bathrooms provide a spa-like experience, one featuring a walk in shower for quick refreshment and the other offering a tile tub, perfect for luxurious soaks. Step outside onto the balcony or patio to immerse yourself in the tranquil water view, offering a peaceful escape right at your doorstep. This two-story condominium, built in 1990, features two full bathrooms, one half bathroom, and two bedrooms within its 1612 square feet of living area, situated on a 2703 square feet lot. Embrace the opportunity to own this waterfront condominium, where comfort meets scenic beauty!
Last Agent to Sell the Property
eXp Realty LLC License #RB15000444 Listed on: 09/04/2025
Last Buyer's Agent
Dustin Sickinger, CRS
Compass Indiana, LLC
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,416
Year Built
- Built in 1990
Lot Details
- Home fronts a pond
- End Unit
- 1 Common Wall
- Landscaped with Trees
HOA Fees
- $295 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Woodwork
- Paddle Fans
- Wood Burning Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Combination Dining and Living Room
- Pond Views
- Pull Down Stairs to Attic
Kitchen
- Updated Kitchen
- Breakfast Bar
- Electric Oven
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl Plank
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Laundry on upper level
- Dryer
- Washer
Home Security
Outdoor Features
- Balcony
- Covered Patio or Porch
Location
- Property is near clubhouse
Utilities
- Heat Pump System
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Legal Lot and Block 102 / 6
- Assessor Parcel Number 490214106014000400
- Seller Concessions Offered
Community Details
Overview
- Association fees include clubhouse, insurance, lawncare, ground maintenance, maintenance structure, maintenance, snow removal
- Association Phone (317) 570-4358
- Spinnaker Cove Subdivision
- Property managed by Kirkpatrick
Recreation
- Community Pool
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2025
Closed on
Oct 23, 2025
Sold by
Burton Carol S
Bought by
Bremer Rheanne and Gallagher Ethan
Seller's Agent
Melissa Barclay
eXp Realty LLC
Buyer's Agent
Dustin Sickinger, CRS
Compass Indiana, LLC
List Price
$229,000
Sold Price
$222,000
Premium/Discount to List
-$7,000
-3.06%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,011
Avg. Annual Appreciation
1.43%
Original Mortgage
$182,000
Outstanding Balance
$182,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$41,011
Purchase Details
Listed on
Jun 19, 2018
Closed on
Aug 22, 2018
Sold by
Burton Carol S
Bought by
Burton Scott M and Burton Robert D
Seller's Agent
James Lamson
F.C. Tucker Company
Buyer's Agent
Melissa Barclay
Highgarden Real Estate
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$135,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 19, 2018
Closed on
Jul 31, 2018
Sold by
Nockels Sheri D
Bought by
Burton Carol S
Seller's Agent
James Lamson
F.C. Tucker Company
Buyer's Agent
Melissa Barclay
Highgarden Real Estate
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Ata National Title Group | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $150,000 | Meridian Title Corp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $182,000 | New Conventional | |
| Previous Owner | $135,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/27/2025 10/27/25 | Sold | $222,000 | -3.1% | $138 / Sq Ft | |
| 09/18/2025 09/18/25 | Pending | -- | -- | -- | |
| 09/04/2025 09/04/25 | For Sale | $229,000 | +52.7% | $142 / Sq Ft | |
| 08/01/2018 08/01/18 | Sold | $150,000 | -3.2% | $93 / Sq Ft | View Prior Sale |
| 06/25/2018 06/25/18 | Pending | -- | -- | -- | |
| 06/19/2018 06/19/18 | For Sale | $154,900 | -- | $96 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
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 | $2,378 | $222,200 | $16,900 | $205,300 |
| 2023 | $2,378 | $211,900 | $16,900 | $195,000 |
| 2022 | $2,254 | $193,300 | $16,900 | $176,400 |
| 2021 | $1,914 | $166,100 | $16,900 | $149,200 |
| 2020 | $1,852 | $159,400 | $16,900 | $142,500 |
| 2019 | $1,580 | $149,900 | $16,900 | $133,000 |
| 2018 | $1,559 | $148,000 | $16,900 | $131,100 |
| 2017 | $2,743 | $133,300 | $16,900 | $116,400 |
| 2016 | $2,551 | $123,800 | $16,900 | $106,900 |
| 2014 | $2,078 | $103,900 | $16,900 | $87,000 |
| 2013 | $1,225 | $103,900 | $16,900 | $87,000 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Barclay
-
D
Buyer's Agent in 2025
Dustin Sickinger, CRS
Compass Indiana, LLC
-
Dustin Sickinger
D
Buyer's Agent in 2025
Dustin Sickinger
Compass Indiana, LLC
(317) 698-1869
1 in this area
71 Total Sales
-
James Lamson
Seller's Agent in 2018
James Lamson
F.C. Tucker Company
(317) 435-7074
1 in this area
58 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22060642
APN: 49-02-14-106-014.000-400
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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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