
Sheldon Barnes
For Sale — 8631 Bay Colony Drive, Indianapolis, IN 462348631 Bay Colony Drive
Indianapolis, Indiana 46234
Bay Colony
$1,375,000
Schedule a Showing5
Beds
5
Baths
5,529
Sq Ft
1989
Year Built
0.81
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 8631 Bay Colony Drive in Bay Colony, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Presenting an exceptional opportunity to reside in a gated community, Bay Colony: a meticulously maintained single-family residence, constructed in 1989, encompassing 3263 square feet of refined living space as well as a Deeded Boat Dock with direct access to the property. This property stands as an attractive offering, demonstrating great condition and poised to deliver an elevated residential experience. The kitchen serves as a central hub for culinary endeavors and social engagement, featuring a sophisticated wine cooler, marble counters, and an expansive island. Its high ceiling further enhances the sense of space, seamlessly transitioning into an open-plan configuration with the adjacent living room. The living room offers an atmosphere of grandeur and openness, characterized by both high and vaulted ceilings, complemented by a strategically placed skylights that introduces an abundance of natural light. The thoughtfully designed bathrooms provide an environment of comfort and functionality. One such bathroom is appointed with a luxurious soaking tub, a double vanity, and a capacious walk-in shower, catering to both relaxation and convenience. The bedrooms, designed for repose and privacy, are distinguished by elegant hardwood flooring, contributing to the property's overall aesthetic appeal and durability. Additional practical amenities include a dedicated laundry room for domestic efficiency and an attached garage, providing secure parking and additional storage solutions. We invite serious inquiries to explore the distinguished lifestyle offered by this remarkable property. 1 1/4 mile drive to the Colt's Complex. 24 hour response time is needed on offers. Chicago Title to hold earnest money and utilized for title/closing. New photo's with Aerial view of home on water coming soon.
Key things to know
- Waterfront with private dock on eagle creek reservoir
- Primary suite on main level with luxurious bath and dual walk-ins
- Renovated 2015 with marble kitchen and top-tier appliances
- Finished walkout basement with home theater and wet bar
- Office on main floor convertible to 6th bedroom
Browse by room
11 rooms · 79 photos
Monthly payment
Estimate · $1,375,000
$8,020/mo
≈ $7,318 principal & interest · $702 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $275,000 on a loan of $1,100,000.
Price history
- Listedat $1,375,000
Apr 24, 2026
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Comparative value
5 comps in this range
This home is 172% 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
$1,375,000Listed· Apr 24, 2026
19 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Sinks Double,Suite,Tub Full with Separate Shower
Schools
MSD Pike Township
Elementary
Eagle Creek Elementary School
Middle
Lincoln Middle School
High
Pike High School
Neighborhood
- Zionsville Community HS8.4 mi
- Downtown Indianapolis10.0 mi
- Carmel Central Park11.4 mi
- Monon Trail (Carmel)12.8 mi
- Carmel High School13.2 mi
- Clay Terrace13.6 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
5,529 sq ft
Year Built
1989
Stories
Multi/Split
Subdivision
Bay Colony
Bedrooms
5
Bathrooms
4 full, 1 half
Garage
2 spaces
School District
MSD Pike Township
