
Sheldon Barnes
For Sale — 12629 Old Stone Drive, Indianapolis, IN 4623612629 Old Stone Drive
Indianapolis, Indiana 46236
Admirals Bay
4
Beds
3
Baths
4,520
Sq Ft
1992
Year Built
0.38
Acres
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ABOUT THIS HOME
Welcome to this meticulously maintained 4-bedroom, 2.5-bath home in The Admirals, offering space, comfort, and a lifestyle to love. Inside, you'll find a formal dining room ideal for gatherings and a versatile front flex space perfect for a home office or sitting area. The stunning great room is anchored by a dramatic floor-to-ceiling fireplace and features a built-in wet bar, creating a warm and inviting space for entertaining or relaxing evenings at home. At the back of the home, the kitchen and breakfast area overlook the backyard and flow naturally together. The kitchen features stainless steel appliances, abundant cabinet space, and island seating, all positioned to take in views of the mature lot and deck. Just beyond, step into the enclosed sunroom with ceiling fan, then out onto the deck overlooking a beautifully wooded .38-acre lot. The yard offers the perfect balance of sunlight and shade, with mature trees providing privacy. Wildlife often visits, including deer, squirrels, and birds, creating a peaceful backyard retreat. Upstairs, the spacious primary suite serves as a private retreat with an ensuite bath offering dual sinks, a soaking tub, glass walk-in shower, and a generous walk-in closet. The three additional bedrooms are all nicely sized, offering comfortable space for family or guests. A fully finished basement expands your living area even further, perfect for recreation, a home gym, or movie nights. Including a Billard's room. There are 2 17x14 large storage closets on the lower level as well. Located just three minutes from the Geist marina, enjoy easy access to boating, skiing, fishing, and nearby local eateries.
Key things to know
- Floor-to-ceiling fireplace with built-in wet bar
- Finished basement with billiards room and large storage
- Primary suite with dual-sink ensuite, soaking tub, and walk-in shower
- Enclosed sunroom and deck overlooking mature wooded lot
- Kitchen island with stainless steel appliances
Monthly payment
Estimate · $639,000
$3,826/mo
≈ $3,401 principal & interest · $381 tax · $44 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $127,800 on a loan of $511,200.
Price history
- Price reduced$649,000 → $639,000
Apr 23, 2026
- Listedat $669,000
Feb 20, 2026
Admirals Bay · activity
past 6 months
- Sold
- 6
- Median price
- $495,000
- Median DOM
- 19 days
Recent comparable sales

$734,000
10919 Running Tide Court
5bd · 5ba · 5,333 sqft
Sold May 2026

$575,000
7225 Elm Ridge Drive
4bd · 4ba · 5,166 sqft
Sold May 2026

$1,330,000
6725 Royal Oakland Way
4bd · 4ba · 5,712 sqft
Sold May 2026

$600,000
11614 Seafan Court
4bd · 4ba · 4,623 sqft
Sold May 2026

$510,000
7228 River Birch Lane
5bd · 4ba · 3,916 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 6.5% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$669,000Listed· Feb 20, 2026
$639,000Reduced
↓ $30,000 (4.5% off original)
49 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Sinks Double,Suite,Tub Full,Tub Full with Separate Shower
Schools
MSD Lawrence Township
Neighborhood
- Fishers High School4.9 mi
- Conner Prairie5.0 mi
- Hamilton Southeastern HS5.2 mi
- Hamilton Town Center5.4 mi
- IU Health North Hospital7.6 mi
- Monon Trail (Carmel)9.9 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
4,520 sq ft
Year Built
1992
Stories
Two
Subdivision
Admirals Bay
Bedrooms
4
Bathrooms
2 full, 1 half
Garage
2 spaces
School District
MSD Lawrence Township
