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Active
    • $745,000

    3312 Bay Road South Dr, Indianapolis, IN 46240

    3beds
    2,484sqft
    : 
    $5,641/mo
    Get pre-qualified
    Residential, Condominium
    Built in 1988
    -- sqft lot
    $-- Zestimate®
    $300/sqft
    $625/mo HOA

    What's special

    Own boat dockDining roomThree private decks
    Welcome to Nantucket Bay! This spacious 3-bedroom, 2.5-bath home offers breathtaking water views from nearly every window, showcasing the stunning 50+ acre, spring-fed, tree-lined lake-stocked with over 20 species of fish. The living room with its fireplace is perfect for family movie nights or entertaining guests. Enjoy the sparkling lake right from your living room, complete with sliding glass doors that open to one of three private decks and your own boat dock. Step inside to a warm and inviting foyer with hardwood floors. Just off the entry is a cozy den/library built-in bookshelves, and French doors-an ideal retreat or home office. The open kitchen, equipped with stainless steel appliances flows seamlessly into the dining room and a charming sitting area & coffee bar with serene lake views. Upstairs, you'll find the primary suite with a walk-in closet and shower stall, as well as two additional spacious bedrooms, all with newer carpet. The updated hall bathtub features a stunning remodel completed by Dream Baths by Bee (Bee Window). The neighborhood offers fantastic amenities including a tennis/pickleball court and quiet streets perfect for walking. Experience the tranquility of lakeside living every day while still being just minutes from Keystone at the Crossing, top restaurants, and shopping. Enjoy a low-maintenance lifestyle with more time to relax, travel, or entertain family and friends by the lake.
    71 days
    |
    702
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kara DeArman 317-201-0814,

    F.C. Tucker Company,

    Emily Silveus,

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22106893MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Upper
      • Area: 260 Square Feet
      • Dimensions: 20x13
      Bedroom 2
      • Level: Upper
      • Area: 208 Square Feet
      • Dimensions: 16x13
      Bedroom 3
      • Level: Upper
      • Area: 169 Square Feet
      • Dimensions: 13x13
      Dining room
      • Level: Main
      • Area: 143 Square Feet
      • Dimensions: 13x11
      Kitchen
      • Level: Main
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Laundry
      • Level: Main
      • Area: 49 Square Feet
      • Dimensions: 7x7
      Library
      • Level: Main
      • Area: 195 Square Feet
      • Dimensions: 15x13
      Living room
      • Level: Main
      • Area: 384 Square Feet
      • Dimensions: 24x16
      Sitting room
      • Level: Main
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Gas Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator, Washer
      • Laundry: Main Level
      Features
      • Built-in Features, Entrance Foyer, Hardwood Floors, Eat-in Kitchen, Walk-In Closet(s)
      • Flooring: Hardwood
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 2,484
      • Total interior livable area: 2,484 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Building Private Entry,Ground Level
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Dock, Lake Front, Water Access, Water View, Waterfront
      Lot
      • Size: 1,742 Square Feet
      • Features: Mature Trees
      Details
      • Parcel number: 490219120017000800
      • Horse amenities: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Traditional
      • Property subtype: Residential, Condominium
      • Attached to another structure: Yes
      Materials
      • Brick, Cement Siding
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Tennis Court(s)
      • Subdivision: Nantucket Bay
      HOA
      • Has HOA: Yes
      • Amenities included: Maintenance Grounds, Maintenance, Tennis Court(s), Insurance, Management, Snow Removal
      • Services included: Association Home Owners, Entrance Common, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal, Tennis Court(s)
      • HOA fee: $625 monthly
      • HOA phone: 317-570-4358
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $300/sqft
      • Tax assessed value: $795,400
      • Annual tax amount: $9,414
      • Date on market: 6/9/2026
      • Cumulative days on market: 209 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/9/2026Listed for sale$745,000-1.3%$300/sqft
        Source: MIBOR as distributed by MLS GRID #22106893 Report a problem
        6/7/2026Listing removed$755,000$304/sqft
        Source: MIBOR as distributed by MLS GRID #22075992 Report a problem
        5/26/2026Listed for sale$755,000$304/sqft
        Source: MIBOR as distributed by MLS GRID #22075992 Report a problem
        4/12/2026Listing removed$755,000$304/sqft
        Source: MIBOR as distributed by MLS GRID #22075992 Report a problem
        3/20/2026Price change$755,000-1.3%$304/sqft
        Source: MIBOR as distributed by MLS GRID #22075992 Report a problem
        2/27/2026Price change$765,000-0.6%$308/sqft
        Source: MIBOR as distributed by MLS GRID #22075992 Report a problem
        1/28/2026Price change$770,000-1.9%$310/sqft
        Source: MIBOR as distributed by MLS GRID #22075992 Report a problem
        1/7/2026Price change$784,900-1.9%$316/sqft
        Source: MIBOR as distributed by MLS GRID #22075992 Report a problem
        12/8/2025Listed for sale$799,900+17.6%$322/sqft
        Source: MIBOR as distributed by MLS GRID #22075992 Report a problem
        7/7/2023Sold$680,000-1.4%$274/sqft
        Source: MIBOR as distributed by MLS GRID #21917483 Report a problem
        6/19/2023Pending sale$689,900$278/sqft
        Source: MIBOR as distributed by MLS GRID #21917483 Report a problem
        5/23/2023Price change$689,900-1.4%$278/sqft
        Source: MIBOR as distributed by MLS GRID #21917483 Report a problem
        5/13/2023Price change$699,900-3.4%$282/sqft
        Source: MIBOR as distributed by MLS GRID #21917483 Report a problem
        4/27/2023Listed for sale$724,900+77.5%$292/sqft
        Source: MIBOR as distributed by MLS GRID #21917483 Report a problem
        1/23/2006Sold$408,500$164/sqft
        Source: MIBOR as distributed by MLS GRID #2569839 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,413 +24.7%$795,400 +16.3%
        2024$7,550 +1.7%$683,700 +23.7%
        2023$7,425 +25.7%$552,700 +4.3%
        2022$5,909 +6.2%$530,100 +23.1%
        2021$5,563 +7.1%$430,500
        2020$5,195 +0.2%$430,500 0%
        2019$5,187 +2%$430,600 -2.3%
        2018$5,084 +8.8%$440,800 +1.3%
        2017$4,671 +5.2%$435,000 +2.2%
        2016$4,440 -2.5%$425,700 -1.4%
        2014$4,556 +3%$431,800
        2013$4,424 $431,800 +3%
        2012$4,424 $419,300 +1%
        2011-- $415,000 0%
        2010$4,340 +10.7%$415,100 -3.2%
        2009$3,922 $428,700 +6.4%
        2007-- $403,000 -12.7%
        2006-- $461,600 +47.9%
        2005-- $312,200
        2004-- $312,200 -8%
        2003-- $339,300 +222.5%
        2002-- $105,200 +200.1%
        2001-- $35,060
        2000-- $35,060
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Clearwater

        Getting around

        11 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Clearwater Elementary School
        • Middle: Eastwood Middle School
        • High: North Central High School

        Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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