12162 Pearl Bay Rdg, Indianapolis, IN 46236
What's special
The Ultimate Waterfront Paradise: Luxury Lakefront Living Refined. The all-brick Geist Reservoir estate is nestled in a private, beautifully landscaped setting, Welcome to the 6-bedroom, 6-bathroom luxury sanctuary delivers panoramic water and pool views from almost every vantage point. The main level maximizes the sweeping waterfront backdrop, offering sophisticated spaces with brand-new premium waterproof luxury vinyl flooring across all levels. Features include a primary suite with water views and a convenient second main-floor bedroom with a newly updated full bath. The beautifully appointed kitchen was updated in 2024 with elevated quartz, a built-in coffee bar, a Sub-Zero fridge, and premium Wolf induction appliances. Custom cast-iron railings lead upstairs, while the walk-out lower level serves as an entertainer's dream with a second Quartz clad wet bar including double drawer dishwashers with Long bar counter. Don't miss the Amazing free standing Wine cage! Multiple fireplaces feature new marble surrounds and stone hearths. Major updates include a new HVAC (2023) and a tankless water heater. Step outside into a private oasis: lounge by the heated inground pool and sun deck, or mix drinks at the covered outdoor bar with a wet sink. Your private boat dock is just steps away for instant access to open-water cruising and watersports. Irrigation and an electric fence are in place. Don't miss this incredible price improvement!
- 34 days
- 2,764
- 170
Likely to sell faster than
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Deborah Minth dminth@gmail.com,
United Real Estate Indpls
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Features: Other
- Level: Main
- Area: 336 Square Feet
- Dimensions: 21x16
Bedroom 2
- Features: Other
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 3
- Features: Other
- Level: Upper
- Area: 270 Square Feet
- Dimensions: 18x15
Bedroom 4
- Features: Other
- Level: Basement
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 5
- Features: Other
- Level: Basement
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 6
- Features: Other
- Level: Basement
- Area: 300 Square Feet
- Dimensions: 20x15
Breakfast room
- Features: Other
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Dining room
- Features: Other
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Great room
- Features: Other
- Level: Main
- Area: 336 Square Feet
- Dimensions: 21x16
Hearth room
- Features: Other
- Level: Main
- Area: 300 Square Feet
- Dimensions: 20x15
Kitchen
- Features: Other
- Level: Main
- Area: 221 Square Feet
- Dimensions: 17x13
Laundry
- Features: Other
- Level: Main
- Area: 50 Square Feet
- Dimensions: 10x5
Library
- Features: Other
- Level: Upper
- Area: 165 Square Feet
- Dimensions: 15x11
Play room
- Features: Other
- Level: Basement
- Area: 840 Square Feet
- Dimensions: 30x28
Play room
- Features: Other
- Level: Basement
- Area: 264 Square Feet
- Dimensions: 22x12
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Humidifier, Induction Cooktop, Microwave, Oven, Convection Oven, Refrigerator, Tankless Water Heater, Water Purifier, Water Softener Owned, Wine Cooler
- Laundry: Laundry Room, Main Level, Sink
Features
- Attic Access, Attic Pull Down Stairs, Double Vanity, Breakfast Bar, Built-in Features, High Ceilings, Vaulted Ceiling(s), Dumbwaiter, Entrance Foyer, Ceiling Fan(s), High Speed Internet, Wired for Data, Pantry, Smart Thermostat, Supplemental Storage, Walk-In Closet(s), Wet Bar
- Windows: Wood Work Painted
- Basement: Ceiling - 9+ feet,Egress Window(s),Exterior Entry,Finished,Finished Ceiling,Finished Walls,Full,Storage Space,Walk-Out Access
- Attic: Access Only,Pull Down Stairs
- Number of fireplaces: 2
- Fireplace features: Basement, Family Room, Hearth Room, Masonry
Interior area
- Total structure area: 6,935
- Total interior livable area: 6,935 sqft
- Finished area below ground: 2,773
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
- Details: Garage Parking Other(Finished Garage, Garage Door Opener, Keyless Entry, Service Door, Other)
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck
- Exterior features: Balcony, Gas Grill, Lighting, Outdoor Kitchen, Smart Light(s), Smart Lock(s), Sprinkler System, Water Feature Fountain, Other
- Pool features: Heated, In Ground, Liner, Pool Cover, Pool Sweep, Waterfall
- Has spa: Yes
- Spa features: Fiberglass, See Remarks
- Has view: Yes
- View description: Lake, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake Front, On Reservoir, Seawall, Water Access, Water View, Waterfront, Boat Slip, Dock
Lot
- Size: 0.7 Acres
- Features: Cul-De-Sac, Curbs, Sidewalks, Storm Sewer, Mature Trees, Wooded
Details
- Additional structures: Gazebo
- Parcel number: 490115125002000400
- Special conditions: Receivership
- Other equipment: Intercom
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter, Full
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1991
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Fire Alarm, Security System, Smoke Detector(s), Security System Owned
- Subdivision: Admirals Pointe
HOA
- Has HOA: Yes
- Amenities included: Management, Security, Snow Removal
- Services included: Association Home Owners, Entrance Common, Insurance, Maintenance, Management, Security, Snow Removal
- HOA fee: $425 annually
- HOA phone: 317-875-5600
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $1,645,300
- Annual tax amount: $37,616
- Date on market: 9/11/2026
- Cumulative days on market: 37 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2026 | Price change | $2,099,900-4.5%$303/sqft |
Source:  MIBOR as distributed by MLS GRID #22120789 Report a problem | ||
| 9/12/2026 | Listed for sale | $2,199,900+12.8%$317/sqft |
Source: MIBOR as distributed by MLS GRID #22120789 Report a problem | ||
| 7/10/2023 | Sold | $1,950,000+8.9%$281/sqft |
Source: MIBOR as distributed by MLS GRID #21921976 Report a problem | ||
| 6/7/2023 | Pending sale | $1,790,000$258/sqft |
Source: MIBOR as distributed by MLS GRID #21921976 Report a problem | ||
| 5/26/2023 | Listed for sale | $1,790,000+128%$258/sqft |
Source: MIBOR as distributed by MLS GRID #21921976 Report a problem | ||
| 9/14/2012 | Sold | $785,000-12.3%$113/sqft |
Source: MIBOR as distributed by MLS GRID #21134741 Report a problem | ||
| 7/21/2011 | Listed for sale | $895,000$129/sqft |
Source: Prudential Indiana Realty Group Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,813 +25.7% | $1,645,300 +9.4% |
| 2024 | $13,377 +10.8% | $1,504,300 +27.7% |
| 2023 | $12,072 +2.8% | $1,178,300 +12.6% |
| 2022 | $11,744 +2.6% | $1,046,300 +4.6% |
| 2021 | $11,444 +11.3% | $1,000,400 +3.9% |
| 2020 | $10,284 -0.5% | $963,200 -3.7% |
| 2019 | $10,340 +19.2% | $1,000,400 +0% |
| 2018 | $8,673 -2.2% | $1,000,000 +19.4% |
| 2017 | $8,871 +1.4% | $837,800 -0.9% |
| 2016 | $8,748 +3.9% | $845,400 +3.8% |
| 2014 | $8,419 +2.2% | $814,400 |
| 2013 | $8,237 | $814,400 +2.2% |
| 2012 | $8,237 | $796,700 -2.7% |
| 2011 | -- | $818,500 |
| 2010 | $8,551 +0.6% | $818,500 |
| 2009 | $8,499 | $818,500 -3.1% |
| 2007 | -- | $844,400 -7.1% |
| 2006 | -- | $908,900 +30.2% |
| 2005 | -- | $698,100 |
| 2004 | -- | $698,100 |
| 2003 | -- | $698,100 +89.9% |
| 2002 | -- | $367,600 +200% |
| 2001 | -- | $122,540 |
| 2000 | -- | $122,540 |
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
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