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$238,500 ↓$4,000on 10/7/2024(Pending)

7601 Newport Bay Drive #121 Indianapolis, IN  46240

  • 2 Beds
  • 2 Baths
  • 1,440 sq. Ft

Property Description for 7601 Newport Bay Drive #121 Indianapolis, IN 46240

Have you always wanted an affordable condo with a lake view?! You have found it in this gated community! Spacious 2 bedroom 2 full bath ground floor unit! Newer hardwood laminate flooring throughout and the entire interior was just professionally painted a pleasing designer grey! All windows recently replaced! Updated kitchen with light cherry cabinets, center island w/ breakfast bar, granite counters, tile backsplash, and top notch stainless steel appliances! Large living room with cozy gas fireplace and recessed lights! Master suite with walk in closet and "Safe Step" walk in tub, check out the picture! Sun room for relaxing! Covered patio overlooking the serene lake and green space! Large indoor storage space 15'x15'! Enjoy gardening? Your perennial garden is waiting for you! The amenities of Newport Bay are amazing and feature indoor pool, fitness center, craft/woodworking room, game room, 80 acre stocked lake for fishing, and manicured grounds! Included in your HOA fee is high speed internet, cable TV, all exterior maintenance, HVAC maintenance and window cleaning! Indoor garage parking with parking spot that is soooo close to the door! Convenient to shopping, dining, grocery stores, Lowe's, parks, walking trails and the new library! Move right in and enjoy!

Address:7601 Newport Bay Drive Indianapolis IN 46240
Status:Pending
on site: 91 days
Price:$238,500
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,440
Year Built:1988
Lot Size:0.12
County: Marion
Township: Washington
MLS #:22001413
Property Type:Condominium

Lot Dimensions:5358
Lot Features:Gated Community, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,440
Total Sq. Ft. :1,440

Loan Price
$1,545
Price And Interest $1,244/month
Property Tax $202/month
MTG INS $0/month
HOME INS $99/month
Price
$238,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$202/month
Home Owner Insurance
$1,188 / year
HOA Dues
$677 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/07/24 $242,500 $238,500 -1.65%

RoomSizeLevel
Bedroom 2 12X12 Main
Dining Room 12X8 Main
Primary Bedroom 16X12 Main
Sun Room 12X8 Main
Kitchen 12X9 Main
Living Room 19X12 Main

Semi-Annual Property Tax:$1,214
Tax Year:2023
Mandatory HOA Fee:$677
HOA Fee Paid:Monthly

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Newport Bay
Zip Code:46240

Total Sq. Ft.:1,440
Interior Features:Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, Pantry, Storage, Walk-in Closet(s), Windows Thermal
Interior Area(s):Laundry in Unit
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater
Equipment:Smoke Alarm
Exterior Features:Pool House
Exterior Type:Wood Brick
Fireplace(s):Gas Log
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater
Total Rooms:6
Andy Deemer, REALTOR®/Broker, F. C. Tucker Company
Andy Deemer
Phone (317) 997-0281
Additional Phone (317) 259-6000
F.C. Tucker Company
VISIT MY PROFILE
Stephanie Deemer, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Stephanie Deemer
(317) 750-6010
The Deemer Team
VISIT MY PROFILE

Listing provided courtesy of Andy Deemer with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/11/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Indianapolis Market Report

130
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $1,436.60. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,058.56. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 897 minutes ago.

At the moment we have 90 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $38,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2103.24 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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