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Sold
  • $395,000

    8048 River Bay Dr E, Indianapolis, IN 46240

    2beds
    2,179sqft
    Residential, Condominium
    Built in 1987
    -- sqft lot
    $396,700 Zestimate®
    $181/sqft
    $2,577 Estimated rent

    Home value

    $396,700

    $369,000 - $428,000

    $2,577/mo

    Zestimate® history
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    What's special

    Large deckBoat dockBright breakfast roomAdditional windowsGracious tiled foyerQuartz countersLarge dining room
    The perfect view of the inlet that leads to the White River, water glistening as you sit on your large deck and enjoy the scenery! A perfect place to call your oasis, with enhanced living space to the original floor plan as well as the addition of the sunroom......this house is waiting for a new owner to make it their own! Two large bedrooms, split floor plan, two full baths, bright breakfast room to enjoy your morning coffee or casual lunch, kitchen with stainless steel appliances, quartz counters, island and ceramic tile floor, great room with two skylights and large dining room., gracious tiled foyer....there is much to see and appreciate! The original owner has loved this home and added square footage, additional windows and closets/storage to the Gunstra Builders floor plan. Sunroom, deck and boat dock offer a homeowner a relaxing setting!

    Zillow last checked:

    Listing updated:

    Listed by:

    Alice Steppe 317-828-4020,

    Real Broker, LLC

    Bought with:

    Blake Richardson

    Hanza Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22049822MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 255 Square Feet
    • Dimensions: 17x15
    Bedroom 2
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13 x 11
    Dining room
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11 x 11
    Kitchen
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Living room
    • Level: Main
    • Area: 272 Square Feet
    • Dimensions: 17 x 16
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Gas Water Heater, Humidifier, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned
    • Laundry: Laundry Closet, Main Level
    Features
    • Attic Pull Down Stairs, Cathedral Ceiling(s), Kitchen Island, Entrance Foyer, Ceiling Fan(s), High Speed Internet, Pantry, Walk-In Closet(s)
    • Windows: Wood Work Painted
    • Has basement: No
    • Attic: Pull Down Stairs
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Great Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,179
    • Total interior livable area: 2,179 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    • Details: Garage Parking Other(Finished Garage, Garage Door Opener, Guest Street Parking, Keyless Entry)
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground Level
    • Patio & porch: Covered, Deck
    • Exterior features: Lighting
    • Has view: Yes
    • View description: River
    • Has water view: Yes
    • Water view: River
    • Waterfront features: Boat Slip, Dock, River Access, River Front, Water Access, Water View
    Lot
    • Size: 2,613 Square Feet
    • Features: Access, Storm Sewer, Street Lights, Suburb, Mature Trees
    Details
    • Parcel number: 490219101019000800
    • Horse amenities: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Ranch,Traditional
    • Property subtype: Residential, Condominium
    • Attached to another structure: Yes
    Materials
    • Wood Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1987
    Details
    • Builder name: Gunstra Builders

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Connected, Sep Electric Meter, Sep Gas Meter, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Low Maintenance Lifestyle, Fishing, Pool, Street Lights, Suburban, Tennis Court(s)
    • Subdivision: Sandy Point
    HOA
    • Has HOA: Yes
    • Amenities included: Insurance, Maintenance Grounds, Maintenance, Management, Snow Removal, Tennis Court(s), Trash
    • Services included: Association Home Owners, Entrance Private, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Resident Manager, Snow Removal, Tennis Court(s), Trash
    • HOA fee: $365 monthly
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $181/sqft
    • Tax assessed value: $345,700
    • Annual tax amount: $4,492
    • Date on market: 7/11/2025
    • Cumulative days on market: 51 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    12/31/2025Sold$395,000$181/sqft
    Source: Public Record Report a problem
    10/9/2025Sold$395,000-2.5%$181/sqft
    Source: MIBOR as distributed by MLS GRID #22049822 Report a problem
    8/29/2025Pending sale$405,000$186/sqft
    Source: MIBOR as distributed by MLS GRID #22049822 Report a problem
    7/22/2025Price change$405,000-4.7%$186/sqft
    Source: MIBOR as distributed by MLS GRID #22049822 Report a problem
    7/11/2025Listed for sale$425,000$195/sqft
    Source: MIBOR as distributed by MLS GRID #22049822 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,491 +8.6%$345,700 +3.1%
    2024$4,137 -8.5%$335,200 +3.3%
    2023$4,522 +13.1%$324,400 -2.1%
    2022$3,997 +13.4%$331,300 +10.9%
    2021$3,526 +8.3%$298,800 +6.7%
    2020$3,254 +5.2%$280,100 -1.9%
    2019$3,095 -3.5%$285,600 +2.1%
    2018$3,205 -21.5%$279,800 +0.3%
    2017$4,082 +61.6%$279,000 +13.3%
    2016$2,525 +3.5%$246,300 +3.1%
    2014$2,441 -16.2%$239,000 -0.4%
    2013$2,914 $240,000 -14.6%
    2012$2,914 $281,100 +7.2%
    2011-- $262,100
    2010$2,503 +5.2%$262,100 -6.9%
    2009$2,379 $281,600 +21.8%
    2007-- $231,200 -2.9%
    2006-- $238,000 +34%
    2005-- $177,600
    2004-- $177,600
    2003-- $177,600 +129.2%
    2002-- $77,500 +200%
    2001-- $25,830
    2000-- $25,830
    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
    $396,700
    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
    $396,700