Water access to Eagle Creek Reservoir! Nestled in Bay Colony, a gated community located just steps from Eagle Creek Reservoir, your dream retreat awaits. Opportunities to purchase in this neighborhood do not come about often. This exceptional home offers over 5,000 square feet of beautiful and functional space, vaulted ceilings, natural light throughout, and 3 fireplaces. Two decks off the main level and your walkout basement patio face a private and secluded backyard with no neighbors in view. Neighborhood access to the water means you can enjoy kayaking daily! Highlights include your primary suite, a true sanctuary with a spacious walk-in closet, and spa-inspired bathroom. Gather friends and family to entertain in the hearth room, complete with full wet bar, pool table stays. The walkout basement features 3 more truly unique and expansive living areas. Enjoy sailing, kayaking, golfing, hiking, bird watching, and all that living on the reservoir has to offer.
Sold
$645,000
5550 Bay Colony Ln, Indianapolis, IN 46234
4beds
5,968sqft
Residential, Single Family Residence
Built in 1986
0.85 Acres Lot
$653,600 Zestimate®
$108/sqft
$4,852 Estimated rent
Home value
$653,600
$608,000 - $699,000
$4,852/mo
Zestimate® history
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List your homeWhat's special
Full wet barSpa-inspired bathroomPrimary suiteHearth roomWalkout basementVaulted ceilingsSpacious walk-in closet
Zillow last checked:
Listing updated:
Listed by:
Miranda Tworek 812-720-0317,
@properties
Bought with:
Donald Kuroiwa
Trueblood Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22032801
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
- Area: 308 Square Feet
- Dimensions: 14X22
Bedroom 2
- Level: Main
- Area: 198 Square Feet
- Dimensions: 18X11
Bedroom 3
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 11x13
Bedroom 4
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 13x14
Other
- Level: Upper
- Area: 589 Square Feet
- Dimensions: 19X31
Dining room
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14x14
Great room
- Level: Basement
- Area: 352 Square Feet
- Dimensions: 22X16
Hearth room
- Level: Main
- Area: 352 Square Feet
- Dimensions: 22x16
Kitchen
- Level: Main
- Area: 352 Square Feet
- Dimensions: 22x16
Living room
- Level: Main
- Area: 315 Square Feet
- Dimensions: 15x21
Office
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Office
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Play room
- Features: Other
- Level: Basement
- Area: 748 Square Feet
- Dimensions: 34x22
Play room
- Level: Basement
- Area: 450 Square Feet
- Dimensions: 15X30
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Bar Fridge, Washer, Water Softener Owned
Features
- Vaulted Ceiling(s), Kitchen Island, Entrance Foyer, Eat-in Kitchen, Pantry, Walk-In Closet(s), Wet Bar
- Basement: Finished,Finished Ceiling,Finished Walls
- Number of fireplaces: 3
- Fireplace features: Basement, Family Room, Gas Log, Living Room
Interior area
- Total structure area: 5,968
- Total interior livable area: 5,968 sqft
- Finished area below ground: 1,924
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
- Details: Garage Parking Other(Finished Garage)
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 0.85 Acres
- Features: Gated Community, Mature Trees, Wooded
Details
- Parcel number: 490509111002000600
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Wood With Stone
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Water: Private
Community & HOA
Community
- Subdivision: Bay Colony
HOA
- Has HOA: Yes
- HOA fee: $775 semi-annually
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $633,900
- Annual tax amount: $5,778
- Date on market: 7/18/2025
- Cumulative days on market: 115 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Sold | $645,000-11%$108/sqft |
Source:  MIBOR as distributed by MLS GRID #22032801 Report a problem | ||
| 11/10/2025 | Pending sale | $725,000$121/sqft |
Source: MIBOR as distributed by MLS GRID #22032801 Report a problem | ||
| 10/30/2025 | Price change | $725,000-6.5%$121/sqft |
Source: MIBOR as distributed by MLS GRID #22032801 Report a problem | ||
| 9/16/2025 | Price change | $775,000-3.1%$130/sqft |
Source: MIBOR as distributed by MLS GRID #22032801 Report a problem | ||
| 8/14/2025 | Price change | $799,900-3%$134/sqft |
Source: MIBOR as distributed by MLS GRID #22032801 Report a problem | ||
| 7/18/2025 | Listed for sale | $825,000+87.5%$138/sqft |
Source: MIBOR as distributed by MLS GRID #22032801 Report a problem | ||
| 12/31/2014 | Sold | $440,000-3.8%$74/sqft |
Source: MIBOR as distributed by MLS GRID #21299866 Report a problem | ||
| 12/10/2014 | Pending sale | $457,500$77/sqft |
Source: CENTURY 21 Scheetz #21299866 Report a problem | ||
| 11/26/2014 | Price change | $457,500-0.5%$77/sqft |
Source: CENTURY 21 Scheetz #21299866 Report a problem | ||
| 11/22/2014 | Price change | $460,000-0.5%$77/sqft |
Source: CENTURY 21 Scheetz #21299866 Report a problem | ||
| 11/18/2014 | Price change | $462,500-1.1%$77/sqft |
Source: CENTURY 21 Scheetz #21299866 Report a problem | ||
| 11/11/2014 | Price change | $467,500-0.5%$78/sqft |
Source: CENTURY 21 Scheetz #21299866 Report a problem | ||
| 11/7/2014 | Price change | $470,000-0.5%$79/sqft |
Source: CENTURY 21 Scheetz #21299866 Report a problem | ||
| 11/4/2014 | Price change | $472,500-0.5%$79/sqft |
Source: CENTURY 21 Scheetz #21299866 Report a problem | ||
| 9/13/2014 | Price change | $475,000-4.8%$80/sqft |
Source: CENTURY 21 Scheetz #21299866 Report a problem | ||
| 7/27/2014 | Price change | $499,000-5%$84/sqft |
Source: CENTURY 21 Scheetz #21299866 Report a problem | ||
| 6/25/2014 | Listed for sale | $525,000$88/sqft |
Source: CENTURY 21 Scheetz #21299866 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,984 +13.8% | $633,900 +3.3% |
| 2024 | $6,136 +6.2% | $613,600 |
| 2023 | $5,777 +5.1% | $613,600 +6.2% |
| 2022 | $5,497 +4.4% | $577,700 +5.1% |
| 2021 | $5,265 +4.6% | $549,700 +4.4% |
| 2020 | $5,033 +4% | $526,500 +4.6% |
| 2019 | $4,839 -33.1% | $503,300 +4% |
| 2018 | $7,235 +50.9% | $483,900 +0.9% |
| 2017 | $4,793 +8.2% | $479,400 +4.5% |
| 2016 | $4,431 +2.6% | $458,800 +6.2% |
| 2014 | $4,319 -8.3% | $431,900 |
| 2013 | $4,710 | $431,900 -0.7% |
| 2012 | $4,710 | $434,800 -10.1% |
| 2011 | -- | $483,800 -4.6% |
| 2010 | $5,398 +13.4% | $507,200 +6.6% |
| 2009 | $4,760 | $476,000 -12.2% |
| 2007 | -- | $542,300 +0.1% |
| 2006 | -- | $541,600 +4.5% |
| 2005 | -- | $518,200 |
| 2004 | -- | $518,200 -7% |
| 2003 | -- | $557,300 +84.1% |
| 2002 | -- | $302,700 +200% |
| 2001 | -- | $100,900 |
| 2000 | -- | $100,900 |
Find assessor info on the county website
Neighborhood: Eagle Creek
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Nearby schools
GreatSchools rating
- 5/10Deer Run Elementary SchoolGrades: K-5Distance: 2.3 mi
- 3/10Guion Creek Middle SchoolGrades: 6-8Distance: 4.1 mi
- 4/10Pike High SchoolGrades: 9-12Distance: 3.6 mi
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Estimated market value
$653,600
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Estimated market value
$653,600
- Indiana
- Marion County
- Indianapolis
- 46234
- Eagle Creek
- 5550 Bay Colony Ln
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