Sheldon Barnes
For Sale — 3307 Bay Road North Drive, Indianapolis, IN 462403307 Bay Road North Drive
Indianapolis, Indiana 46240
Nantucket Bay
$720,000
Schedule a Showing3
Beds
4
Baths
3,232
Sq Ft
1984
Year Built
0.06
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 3307 Bay Road North Drive in Nantucket Bay, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
A rare opportunity in Nantucket Bay! With approximately 3400 square feet of living space, this waterfront home offers a sought-after main floor primary suite, in addition to two more bedrooms on the walk-out lower level. Thoughtfully designed for those who wanted lower maintenance without sacrificing living space, it provides two living room areas, a dining room/den, a sunroom, three full bathrooms, and an eat-in kitchen. The walk-out lower level opens to a spacious deck overlooking the lake. The boat dock is yours. And so is the little dock that is just for the turtles! Hardwood flooring, built-in bookcases, crown molding, and even a bay window hint at the quality touches that make this more than the typical home. And, of course, with the Fashion Mall, Nora, and I-465 just 5-10 minutes away, it marks this as an uncommonly convenient North Side location. Much maintenance is taken care of, leaving you with time to enjoy the tennis/pickleball court, quiet boating, swimming, leisurely walking, and fishing. It gives the new buyer a great start on creating a very special home.
Key things to know
- Primary suite on main floor
- Walk-out lower level with lake views
- Private boat dock and deck
- Hardwood floors and built-in bookcases
- Two living areas plus sunroom
Monthly payment
Estimate · $720,000
$5,367/mo
≈ $3,832 principal & interest · $910 tax · $625 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $144,000 on a loan of $576,000.
Price history
- Listedat $720,000
May 1, 2026
Recent comparable sales
$305,000
2212 E 86th Street
3bd · 3ba · 2,644 sqft
Sold May 2026
$475,000
7135 Huntington Road
3bd · 2ba · 2,977 sqft
Sold May 2026
$469,000
7920 Meadowbrook Drive
3bd · 2ba · 2,699 sqft
Sold May 2026
$625,000
7643 Dean Road
4bd · 3ba · 3,549 sqft
Sold May 2026
$349,900
8635 Meridian Square Drive
3bd · 4ba · 2,776 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 54% 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
$720,000Listed· May 1, 2026
3 days on market
Layout
Primary bath
Tub Full with Separate Shower
Schools
MSD Washington Township
Neighborhood
- Monon Trail (Carmel)4.0 mi
- Carmel High School4.7 mi
- IU Health North Hospital4.8 mi
- Carmel Central Park5.2 mi
- Carmel Arts & Design District5.4 mi
- Clay Terrace6.4 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,232 sq ft
Year Built
1984
Stories
One
Subdivision
Nantucket Bay
Bedrooms
3
Bathrooms
3 full, 1 half
Garage
2 spaces
School District
MSD Washington Township