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  • $850,000

    3748 Bay Road South Dr, Indianapolis, IN 46240

    4beds
    6,882sqft
    Residential, Condominium
    Built in 1988
    -- sqft lot
    $850,400 Zestimate®
    $124/sqft
    $5,488 Estimated rent

    Home value

    $850,400

    $808,000 - $893,000

    $5,488/mo

    Zestimate® history
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    What's special

    Second ensuite bedroomWalkout lower levelPrivate boat dockWet barMain level primary suiteTwo additional bedrooms ensuiteBreathtaking water views
    Once in a lifetime, Nantucket Bay masterpiece with breathtaking water views. Exquisite custom home stands as a testament to luxury living. Charm is enhanced by multiple decks and private boat dock, providing the perfect vantage point to soak in the beauty of the surrounding landscape. Step inside to discover a Chef's kitchen equipped with Subzero and Wolf appliances, custom cabinetry and large center island. Seamless flow between the formal dining room and family room, adorned with a coffered ceiling, creates an inviting atmosphere for gatherings both large and small. Main level primary suite with a dream closet. Upstairs features a loft that overlooks the water, second ensuite bedroom and storage galore above the 3 car garage. Walkout lower level has two additional bedrooms ensuite, cozy family room with included pool table, wet bar and a climate-controlled wine room for the connoisseur. A dumbwaiter connects to the garage, ensuring effortless transportation of your prized collection. Embrace the low-maintenance lifestyle and immerse yourself in the tranquility of Nantucket Bay, where every day feels like a vacation.

    Zillow last checked:

    Listing updated:

    Listed by:

    Catherine Fese 317-809-6312,

    F.C. Tucker Company

    Bought with:

    Brian Pachciarz

    Estansion Group by BLP

    Source: MIBOR as distributed by MLS GRID,MLS#: 22084644MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 272 Square Feet
    • Dimensions: 16x17
    Bedroom 2
    • Level: Upper
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Bedroom 3
    • Level: Basement
    • Area: 323 Square Feet
    • Dimensions: 19x17
    Bedroom 4
    • Level: Basement
    • Area: 414 Square Feet
    • Dimensions: 23x18
    Bonus room
    • Level: Upper
    • Area: 882 Square Feet
    • Dimensions: 63x14
    Dining room
    • Level: Main
    • Area: 300 Square Feet
    • Dimensions: 20x15
    Exercise room
    • Level: Basement
    • Area: 324 Square Feet
    • Dimensions: 18x18
    Family room
    • Level: Basement
    • Area: 891 Square Feet
    • Dimensions: 27x33
    Foyer
    • Level: Main
    • Area: 160 Square Feet
    • Dimensions: 16x10
    Kitchen
    • Level: Main
    • Area: 810 Square Feet
    • Dimensions: 27x30
    Laundry
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 112 Square Feet
    • Dimensions: 16x7
    Living room
    • Level: Main
    • Area: 442 Square Feet
    • Dimensions: 26x17
    Loft
    • Level: Upper
    • Area: 744 Square Feet
    • Dimensions: 24x31
    Utility room
    • Features: Other
    • Level: Basement
    • Area: 98 Square Feet
    • Dimensions: 14x7
    Other
    • Features: Other
    • Level: Basement
    • Area: 150 Square Feet
    • Dimensions: 10x15
    Heating
    • Zoned, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Gas Cooktop, Dishwasher, Down Draft, Dryer, Disposal, Microwave, Oven, Double Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
    • Laundry: Laundry Room, Main Level, Sink
    Features
    • Breakfast Bar, Cathedral Ceiling(s), High Ceilings, Kitchen Island, Central Vacuum, Dumbwaiter, Entrance Foyer, Hardwood Floors, Eat-in Kitchen, Pantry, Walk-In Closet(s), Wet Bar
    • Flooring: Hardwood
    • Windows: Wood Work Painted
    • Basement: Finished,Full,Walk-Out Access
    • Number of fireplaces: 3
    • Fireplace features: Basement, Living Room, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 6,882
    • Total interior livable area: 6,882 sqft
    • Finished area below ground: 1,268

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached
    • Attached garage spaces: 3
    • Details: Garage Parking Other(Finished Garage, Floor Drain, Garage Door Opener, Keyless Entry, Service Door)
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Free Standing
    • Patio & porch: Covered, Deck
    • Exterior features: Sprinkler System
    • Has spa: Yes
    • Spa features: See Remarks
    • Has view: Yes
    • View description: Lake, Trees/Woods, Water
    • Has water view: Yes
    • Water view: Lake,Water
    • Waterfront features: Lake Front, Water Access, Water View, Waterfront
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 490220130017000800
    • Special conditions: Estate
    • Horse amenities: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Residential, Condominium
    Materials
    • Brick, Wood Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: Low Maintenance Lifestyle, Lake, Suburban, Tennis Court(s)
    • Security: Panic Alarm, Security System, Smoke Detector(s)
    • Subdivision: Nantucket Bay
    HOA
    • Has HOA: Yes
    • Amenities included: Insurance, Maintenance, Snow Removal, Tennis Court(s)
    • Services included: Association Home Owners, Entrance Common, Insurance, Lawncare, Maintenance Structure, Maintenance, Snow Removal, Tennis Court(s)
    • HOA fee: $625 monthly
    • HOA phone: 317-558-5347
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $124/sqft
    • Tax assessed value: $1,532,300
    • Annual tax amount: $20,638
    • Date on market: 3/26/2026
    • Cumulative days on market: 47 days

    Price history

    DateEventPrice
    6/30/2026Sold$850,000-12.8%$124/sqft
    Source: MIBOR as distributed by MLS GRID #22084644 Report a problem
    5/12/2026Pending sale$975,000$142/sqft
    Source: MIBOR as distributed by MLS GRID #22084644 Report a problem
    4/24/2026Price change$975,000-2%$142/sqft
    Source: MIBOR as distributed by MLS GRID #22084644 Report a problem
    4/10/2026Price change$995,000-5.2%$145/sqft
    Source: MIBOR as distributed by MLS GRID #22084644 Report a problem
    3/26/2026Listed for sale$1,050,000-8.7%$153/sqft
    Source: MIBOR as distributed by MLS GRID #22084644 Report a problem
    1/1/2026Listing removed$1,150,000$167/sqft
    Source: MIBOR as distributed by MLS GRID #22033576 Report a problem
    10/26/2025Price change$1,150,000-8%$167/sqft
    Source: MIBOR as distributed by MLS GRID #22033576 Report a problem
    6/4/2025Listed for sale$1,250,000$182/sqft
    Source: MIBOR as distributed by MLS GRID #22033576 Report a problem
    5/7/2025Pending sale$1,250,000$182/sqft
    Source: MIBOR as distributed by MLS GRID #22033576 Report a problem
    5/1/2025Listed for sale$1,250,000-3.1%$182/sqft
    Source: MIBOR as distributed by MLS GRID #22033576 Report a problem
    11/19/2024Listing removed$1,290,000$187/sqft
    Source: MIBOR as distributed by MLS GRID #21977860 Report a problem
    11/16/2024Price change$1,290,000-0.8%$187/sqft
    Source: MIBOR as distributed by MLS GRID #21977860 Report a problem
    10/11/2024Listed for sale$1,300,000$189/sqft
    Source: MIBOR as distributed by MLS GRID #21977860 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,310 +2.8%$1,532,300 +18.7%
    2024$17,809 +1.2%$1,290,600 +1.8%
    2023$17,590 +22.6%$1,267,500 +4%
    2022$14,351 +6.9%$1,219,100 +19.6%
    2021$13,421 +7.9%$1,019,100
    2020$12,435 +0.7%$1,019,100 0%
    2019$12,352 +2.8%$1,019,200 -2.1%
    2018$12,015 +8.1%$1,041,100 +1.5%
    2017$11,112 +4.4%$1,025,400 +0.1%
    2016$10,641 -3.2%$1,024,100 -2.1%
    2014$10,990 +2.8%$1,046,100 +0%
    2013$10,688 $1,046,000 +2.8%
    2012$10,688 $1,017,600 -6.8%
    2011-- $1,091,900
    2010$11,466 -2.6%$1,091,900 -2.9%
    2009$11,772 $1,124,000 +5.7%
    2007-- $1,063,700 -1.7%
    2006-- $1,081,600 +48.3%
    2005-- $729,200
    2004-- $729,200 -6.8%
    2003-- $782,600 +241.6%
    2002-- $229,100 +200%
    2001-- $76,360
    2000-- $76,360
    Find assessor info on the county website

    Neighborhood: Clearwater

    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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    Estimated market value
    $850,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $850,400