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  • $182,000

    5311 Cotton Bay Dr W, Indianapolis, IN 46254

    2beds
    1,640sqft
    Residential, Condominium
    Built in 1990
    -- sqft lot
    $182,100 Zestimate®
    $111/sqft
    $1,689 Estimated rent

    Home value

    $182,100

    $173,000 - $191,000

    $1,689/mo

    Zestimate® history
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    What's special

    Cozy fireplaceOversized primary suiteBack deckPeaceful water viewsGenerously sized bedroomsAbundance of natural lightOpen-concept layout
    Welcome home to this beautifully maintained 2-bedroom, 2.5-bath end-unit condo just minutes from Eagle Creek! From the moment you step inside, you'll love the abundance of natural light, open-concept layout, and peaceful water views that make this home truly stand out. The spacious living area features a cozy fireplace perfect for relaxing evenings, while the large kitchen offers a center island, pantry, stainless steel appliances, and plenty of cabinet space for cooking and entertaining. Step out onto the back deck or patio and enjoy your morning coffee overlooking the water. Upstairs, both generously sized bedrooms include private ensuite bathrooms, making this an ideal setup for guests, roommates, or added privacy. The oversized primary suite features a walk-in closet, private balcony with water views, and a full bath retreat. Additional highlights include a 2-car attached garage, spacious yard area, and access to community amenities including a pool and tennis courts. Conveniently located near Eagle Creek Park, shopping, dining, interstate access, and an easy commute to downtown Indianapolis - this one checks all the boxes! Don't miss your chance to own this move-in ready gem!

    Zillow last checked:

    Listing updated:

    Listed by:

    Warren Griffin 317-324-8087,

    eXp Realty LLC

    Bought with:

    Sarah Ragsdale

    RE/MAX Advanced Realty

    Source: MIBOR as distributed by MLS GRID,MLS#: 22101750MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 220 Square Feet
    • Dimensions: 20x11
    Bedroom 2
    • Level: Upper
    • Area: 234 Square Feet
    • Dimensions: 18x13
    Dining room
    • Level: Main
    • Area: 136 Square Feet
    • Dimensions: 17x8
    Kitchen
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Laundry
    • Level: Upper
    • Area: 30 Square Feet
    • Dimensions: 6x5
    Living room
    • Level: Main
    • Area: 275 Square Feet
    • Dimensions: 25x11
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Range Hood, Refrigerator, Washer
    Features
    • Attic Access, Entrance Foyer
    • Has basement: No
    • Attic: Access Only
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,640
    • Total interior livable area: 1,640 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Building Private Entry
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 2,613 Square Feet
    Details
    • Parcel number: 490511120064000600
    • Horse amenities: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Residential, Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, Cedar
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: Hidden Bay
    HOA
    • Has HOA: Yes
    • HOA fee: $195 monthly
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $111/sqft
    • Tax assessed value: $197,400
    • Annual tax amount: $2,082
    • Date on market: 5/14/2026
    • Cumulative days on market: 20 days

    Price history

    DateEventPrice
    6/30/2026Sold$182,000-6.7%$111/sqft
    Source: MIBOR as distributed by MLS GRID #22101750 Report a problem
    6/1/2026Pending sale$195,000$119/sqft
    Source: MIBOR as distributed by MLS GRID #22101750 Report a problem
    5/14/2026Listed for sale$195,000$119/sqft
    Source: MIBOR as distributed by MLS GRID #22101750 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,872 +23.4%$197,400 +16.8%
    2024$1,516 +8.9%$169,000 +6.4%
    2023$1,392 +28.4%$158,900 +11.3%
    2022$1,084 +26.4%$142,800 +22.5%
    2021$858 +44.4%$116,600 +13.5%
    2020$594 +31.4%$102,700 +18.5%
    2019$452 -3.1%$86,700 +12.2%
    2018$466 -4.1%$77,300 +1.3%
    2017$486 +12.2%$76,300 +2.4%
    2016$433 +11.8%$74,500 +5.4%
    2014$388 -23.9%$70,700 -3.8%
    2013$509 $73,500 -12%
    2012$509 $83,500 +6.5%
    2011-- $78,400
    2010$384 -2.7%$78,400 -2.1%
    2009$395 $80,100 -11.7%
    2007-- $90,700 -3.2%
    2006-- $93,700 +5%
    2005-- $89,200
    2004-- $89,200
    2003-- $89,200 +45%
    2002-- $61,500 +200%
    2001-- $20,500
    2000-- $20,500
    Find assessor info on the county website

    Neighborhood: North High School

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Deer Run Elementary
    • Middle: Guion Creek Middle School
    • High: Pike 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
    $182,100
    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
    $182,100