3409 Bay Road North Drive

Indianapolis, IN
$ 1,150,000 Beds 3 Baths 2.5 Sq 3,286 Virtual Tour
Monthly Estimate* How much can I afford?

Wake each morning to breathtaking views of Nantucket Bay, where shimmering water and sweeping vistas create a backdrop for everyday life. Designed for effortless main-floor living, this beautifully maintained waterfront home is thoughtfully positioned to capture spectacular lake views from nearly every room, creating a seamless connection between the indoors and the landscape beyond. The dramatic great room welcomes you with soaring ceilings, a fireplace, and an impressive wall of windows that frame the ever-changing scenery while filling the home with natural light. The spacious kitchen features abundant cabinetry, a generous center island, its own fireplace, and a casual dining area, all oriented toward the water. Just beyond, the sun-filled three-season room is wrapped in windows and opens to an expansive lakeside deck, creating an exceptional setting for entertaining, quiet mornings with coffee, or evenings spent watching the sun dance across the bay. The main-level primary suite offers a peaceful retreat with an expanded floor plan, custom built-ins, additional sitting space, and stunning waterfront views. The walkout lower level provides wonderful accommodations for family and guests with 2 additional bedrooms, a full bath, a spacious family room with a third fireplace, abundant storage, and direct access to the lower patio, where a private hot tub overlooks the shoreline. Whether you're enjoying coffee on the deck, launching a kayak from your private dock, gathering with friends as boats drift across the bay, or simply taking in the peaceful waterfront setting, this home offers a lifestyle that feels worlds away while remaining just minutes from shopping, dining, and everyday conveniences. Beautifully maintained & ideally positioned on one of Nantucket Bay's premier waterfront homesites, this is more than a home-it's a place where every season is experienced from the best seat on the lake. Conveniently located near shopping, restaurants, & interstate access.

Active

  • Price
  • $ 1,150,000
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARION
  • Half Bathrooms
  • 1
  • Area
  • Washington
  • Lot Size
  • 0.06 Acres
  • Zip
  • 46240
  • Sqr Footage
  • 3,286
  • Year Built
  • 1986
  • Taxes
  • $ 22454
  • Style
  • Cape Cod
  • MLS#
  • 22111468
Listed By: Robbin Edwards with Encore Sotheby's International;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Natural Gas
Cooling Central Air
Utilities Cable Connected,Natural Gas Connected
Possession Negotiable
Appliances Gas Cooktop,Dishwasher,Down Draft,Dryer,Disposal,Gas Water Heater,Microwave,Oven,Refrigerator,Washer,Water Softener Owned
HOA Fee 625
Garage Spaces 2
Patio/Porch Features Deck
Architectural Style Cape Cod
Security Features Security System Owned
Construction Materials Cedar
Year Built 1986
Electric 200+ Amp Service
Township Washington
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Dock,Lake Privileges,Water View,Waterfront
Assoc Fee Paid Per Monthly
County Marion
New Construction No
Property Type Residential
HOA Yes
Subdivision Name Nantucket Bay
Facing Direction East
Garage Y/N Yes
Total Rooms 11
Full Baths 2
Status Active
Directions GPS Friendly
High School North Central High School
City Indianapolis
High School District MSD Washington Township
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 2439
Spa Features Fiberglass
Elementary School Clearwater Elementary School
Property Attached Y/N No
Current Financing Conventional
Middle/Junior High School Eastwood Middle School
Standard Status Active
Tax Lot 58
Legal Description Nantucket Bay Subplat G Lot 58Approx 2,446 Sq Ft Unit 0 1.04167% Interest In Common Area

Interior Features

Interior Amenities Attic Access,Attic Pull Down Stairs,Built-in Features,Cathedral Ceiling(s),Entrance Foyer,Paddle Fan,Eat-in Kitchen,Walk-In Closet(s)
Basement Walk-Out Access
Total Fireplaces 3
Fireplace Features Basement,Great Room,Kitchen
Basement (Y/N) Yes
Half Baths 1
Laundry Features In Basement
Total Bedrooms 3
Below Grade Finished Area 1260
Main Level Bedrooms 1
LivingAreaSource Builder
Total Baths 3

Exterior Features

Exterior Amenities Tennis Court(s)
Parking Features Attached
Lot Features Street Lights,Mature Trees,Trees-Small (Under 20 Ft)
Water Source Public
Foundation Details Concrete Perimeter
Spa Yes
Building Area Total 3286
Lot Size Acres 0.06
Waterfront Y/N Yes
Other Equipment Security System Owned
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Clearwater Elementary School
Middle School Eastwood Middle School
High School North Central High School

Price History

7/24/2026 Listed $1,200,000
8/17/2026 5% - $1,150,000

Property vs Zip Code Average in 46240

Price
AVG $760K
$1.15M
Taxes
AVG $7,029
$22,454
Year Built
AVG 1968
1986
Visits
AVG 52
11
Data Provided by Inside Real Estate®

3409 Bay Road North Drive Indianapolis, IN is a Single Family Home for sale at $1150000 with 3286 sqft and a lot size of 0.06 Acres Acre(s). 3409 Bay Road North Drive Indianapolis has 3 bedrooms, 2 baths and was built in 1986. The property's zip code is 46240 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.