Located in the highly desired Spinnaker Cove neighborhood, this inviting home presents a unique condominium lifestyle in a fantastic location, located just south of 96th St. off of Masters Road. Move in ready, this home offers an exceptional opportunity to enjoy waterfront living. The living room offers an open floor plan enhanced by the comforting presence of a fireplace, creating a focal point for relaxation and gatherings. Imagine cozy evenings spent enjoying the warmth and ambiance as you unwind from the day. The very spacious kitchen features several cabinets and a lot of counter space, offering both practical workspace and a casual dining spot. The bathrooms provide a spa-like experience, one featuring a walk in shower for quick refreshment and the other offering a tile tub, perfect for luxurious soaks. Step outside onto the balcony or patio to immerse yourself in the tranquil water view, offering a peaceful escape right at your doorstep. This two-story condominium, built in 1990, features two full bathrooms, one half bathroom, and two bedrooms within its 1612 square feet of living area, situated on a 2703 square feet lot. Embrace the opportunity to own this waterfront condominium, where comfort meets scenic beauty!
Sold
$222,000
9232 Backwater Dr, Indianapolis, IN 46250
2beds
1,612sqft
Residential, Condominium
Built in 1990
-- sqft lot
$224,300 Zestimate®
$138/sqft
$1,805 Estimated rent
Home value
$224,300
$209,000 - $242,000
$1,805/mo
Zestimate® history
Owner options
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$1,805/mo
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$1,805/mo
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$1,754/mo
Est. payment
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$1,754/mo
Est. payment
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List your homeWhat's special
Waterfront livingTwo bedroomsSpacious kitchenOpen floor plan
Zillow last checked:
Listing updated:
Listing Provided by:
Melissa Barclay 317-432-7479,
eXp Realty LLC
Bought with:
Dustin Sickinger
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22060642
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: 198 Square Feet
- Dimensions: 18x11
Bedroom 2
- Level: Upper
- Area: 210 Square Feet
- Dimensions: 15x14
Dining room
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x09
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Living room
- Level: Main
- Area: 288 Square Feet
- Dimensions: 18x16
Heating
- Heat Pump, Electric
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
- Laundry: Upper Level
Features
- Attic Pull Down Stairs, Walk-In Closet(s), Breakfast Bar, Ceiling Fan(s), Entrance Foyer, High Speed Internet, Pantry
- Windows: Wood Work Painted
- Has basement: No
- Attic: Pull Down Stairs
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: 1 Common Wall,End Unit
Interior area
- Total structure area: 1,612
- Total interior livable area: 1,612 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete
- Attached garage spaces: 2
- Details: Garage Parking Other(Finished Garage)
Features
- Levels: Two
- Stories: 2
- Entry location: Other/See Remarks
- Patio & porch: Covered
- Exterior features: Balcony
- Has view: Yes
- View description: Pond
- Water view: Pond
- Waterfront features: Pond
Lot
- Size: 2,613 sqft
- Features: Close to Clubhouse, Storm Sewer, Street Lights, Trees-Small (Under 20 Ft)
Details
- Parcel number: 490214106014000400
- Special conditions: None
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: Low Maintenance Lifestyle, Pool
Location
- Region: Indianapolis
- Subdivision: Spinnaker Cove
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $295 monthly
- Amenities included: Clubhouse, Insurance, Maintenance, Maintenance Grounds, Pool, Snow Removal
- Services included: Clubhouse, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Snow Removal
- Association phone: 317-570-4358
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2025 | Sold | $222,000-3.1%$138/sqft |
Source:  MIBOR as distributed by MLS GRID #22060642 Report a problem | ||
| 9/19/2025 | Pending sale | $229,000$142/sqft |
Source: MIBOR as distributed by MLS GRID #22060642 Report a problem | ||
| 9/4/2025 | Listed for sale | $229,000+52.7%$142/sqft |
Source: MIBOR as distributed by MLS GRID #22060642 Report a problem | ||
| 8/1/2018 | Sold | $150,000-3.2%$93/sqft |
Source: MIBOR as distributed by MLS GRID #21574691 Report a problem | ||
| 6/25/2018 | Pending sale | $154,900$96/sqft |
Source: MIBOR REALTOR Association #21574691 Report a problem | ||
| 6/19/2018 | Listed for sale | $154,900$96/sqft |
Source: MIBOR REALTOR Association #21574691 Report a problem | ||
| 6/19/2018 | Listing removed | $1,300$1/sqft |
Source: F.C. Tucker Company #21571956 Report a problem | ||
| 6/14/2018 | Listed for rent | $1,300+4%$1/sqft |
Source: F.C. Tucker Company #21571956 Report a problem | ||
| 10/12/2011 | Listing removed | $1,250$1/sqft |
Source: F. C. Tucker Company, Inc #21138660 Report a problem | ||
| 8/25/2011 | Listed for rent | $1,250$1/sqft |
Source: F. C. Tucker Company, Inc #21138660 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,415 +5.5% | $239,100 +7.6% |
| 2024 | $2,290 +5.7% | $222,200 +4.9% |
| 2023 | $2,168 +18.5% | $211,900 +7% |
| 2022 | $1,830 +3.4% | $198,000 +19.2% |
| 2021 | $1,769 +18% | $166,100 +4.2% |
| 2020 | $1,499 +1.3% | $159,400 +6.3% |
| 2019 | $1,480 -45.1% | $149,900 +1.3% |
| 2018 | $2,698 +5.8% | $148,000 +11% |
| 2017 | $2,551 +3.1% | $133,300 +7.7% |
| 2016 | $2,474 +19.1% | $123,800 +19.2% |
| 2014 | $2,078 +69.7% | $103,900 |
| 2013 | $1,225 | $103,900 -19.6% |
| 2012 | $1,225 | $129,200 +3.7% |
| 2011 | -- | $124,600 |
| 2010 | $1,153 +11.7% | $124,600 -1.4% |
| 2009 | $1,032 | $126,400 -2.8% |
| 2007 | -- | $130,000 |
Find assessor info on the county website
Neighborhood: Castleton
Nearby schools
GreatSchools rating
- 6/10Mary Evelyn Castle Elementary SchoolGrades: 1-6Distance: 1.6 mi
- 3/10Belzer Middle SchoolGrades: 7-8Distance: 4.7 mi
- 3/10Lawrence Central High SchoolGrades: 9-12Distance: 4.5 mi
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Estimated market value
$224,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$224,300
- Indiana
- Marion County
- Indianapolis
- 46250
- Castleton
- 9232 Backwater Dr
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