Don't miss this rare opportunity to build your dream home on a spacious 0.81-acre lot just steps from Eagle Creek Reservoir in the highly desirable gated Bay Landing community, and directly across from Eagle Creek Park. This premium homesite offers privacy, natural beauty, and an exceptional lifestyle, with spectacular views of the surrounding trees, water, and scenic landscape. The property includes a deeded boat slip, providing easy access to the reservoir for boating, kayaking, and enjoying time on the water. While not directly waterfront, the lot is ideally positioned to take advantage of the nearby shoreline. Surrounded by well-maintained homes, Bay Landing offers an upscale, peaceful setting with convenient access to shopping, dining, and major roadways. With utilities available and a prime location in one of Indianapolis' most sought-after communities, this lot is ready for you to bring your vision to life. Opportunities like this, offering generous acreage, gated living, and a deeded boat slip, are truly hard to find!
Active
Price cut: $49K (8/26)
$499,999
5566 Bay Landing Ct, Indianapolis, IN 46254
--beds
--baths
0.81Acres
Unimproved Land, Residential Lots
Built in ----
0.81 Acres Lot
$-- Zestimate®
$--/sqft
$259/mo HOA
What's special
Surrounded by well-maintained homesPremium homesite offers privacy
- 124 days
- 381
- 16
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Blake Cardenas 317-965-1421,
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22098763
Facts & features
Property
Features
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Dock, Lake Privileges, On Reservoir, Water Access, Water View
Lot
- Size: 0.81 Acres
- Features: Gated Community, Storm Sewer, Mature Trees, Wooded, Dock Access, Dock Owned, Reservoir, Water Acces
Details
- Parcel number: 490510109008000600
- Zoning: PK2
- Zoning description: Single Family
- Horse amenities: None
Utilities & green energy
- Water: Public, Municipal Water on Site
Community & HOA
Community
- Subdivision: Bay Landing
HOA
- Has HOA: Yes
- Amenities included: Insurance, Maintenance, Trail(s)
- Services included: Entrance Private, Insurance, Maintenance, Walking Trails
- HOA fee: $777 quarterly
- HOA phone: 317-222-1080
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $620,800
- Annual tax amount: $6,944
- Date on market: 5/4/2026
- Cumulative days on market: 126 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $499,999-8.9% |
Source:  MIBOR as distributed by MLS GRID #22098763 Report a problem | ||
| 5/4/2026 | Listed for sale | $549,000 |
Source: MIBOR as distributed by MLS GRID #22098763 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,969 +13.8% | $620,800 +1.4% |
| 2024 | $6,123 -21.2% | $612,300 |
| 2023 | $7,769 +17.8% | $612,300 -21.2% |
| 2022 | $6,595 +4.1% | $776,900 +17.8% |
| 2021 | $6,338 -0.3% | $659,500 +4.1% |
| 2020 | $6,359 +3.6% | $633,800 -0.3% |
| 2019 | $6,137 +0.9% | $635,900 +3.6% |
| 2018 | $6,085 +0.8% | $613,700 +1.4% |
| 2017 | $6,040 +2.7% | $605,300 +3% |
| 2016 | $5,878 +5.4% | $587,800 +5.4% |
| 2014 | $5,578 -12.6% | $557,800 |
| 2013 | $6,379 | $557,800 -5% |
| 2012 | $6,379 | $586,900 -11.6% |
| 2011 | -- | $664,000 +1.1% |
| 2010 | $7,005 +11.3% | $656,800 +4.4% |
| 2009 | $6,294 | $629,400 -10.4% |
| 2007 | -- | $702,300 0% |
| 2006 | -- | $702,400 +39.9% |
| 2005 | -- | $501,900 |
| 2004 | -- | $501,900 |
| 2003 | -- | $501,900 +61.6% |
| 2002 | -- | $310,500 +200% |
| 2001 | -- | $103,500 |
| 2000 | -- | $103,500 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Eagle Creek
Nearby schools
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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