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Off Market

5550 Bay Colony Lane

Indianapolis IN 46234

4
5
3
5968 sq. ft.
36852 sq. ft.
Single-Family
Last sold for $645,000
Miranda TworekMiranda Tworek, last sold this property on 17 December 2025 after 151 days on market.

Overview

Water access to Eagle Creek Reservoir! Nestled in Bay Colony, a gated community located just steps from Eagle Creek Reservoir, your dream retreat awaits. Opportunities to purchase in this neighborhood do not come about often. This exceptional home offers over 5,000 square feet of beautiful and functional space, vaulted ceilings, natural light throughout, and 3 fireplaces. Two decks off the main level and your walkout basement patio face a private and secluded backyard with no neighbors in view. Neighborhood access to the water means you can enjoy kayaking daily! Highlights include your primary suite, a true sanctuary with a spacious walk-in closet, and spa-inspired bathroom. Gather friends and family to entertain in the hearth room, complete with full wet bar, pool table stays. The walkout basement features 3 more truly unique and expansive living areas. Enjoy sailing, kayaking, golfing, hiking, bird watching, and all that living on the reservoir has to offer.

Features

4 bedrooms
5 bathrooms
3 carspaces
3 garage spaces
5968 sq. ft. floor area
36852 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 5550 Bay Colony Lane is $343k.

Median value
$343k
Estimated value range
$170k - $999.5k
Median days on market
13
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5550 Bay Colony Lane

2025
Sold
$645,000
17 Dec 2025 by Miranda Tworek, of @properties
2014
Sold
$440,000
31 Dec 2014 by Stephen Decatur, of Century 21 Scheetz

Happy sellers in Indianapolis

94%
94% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Indianapolis over the last 12 months.

Local market activity for 4 bedroom single-family properties in Indianapolis

In the last 12 months, 92 four-bedroom single-family properties similar to 5550 Bay Colony Lane, have been sold.

This represents a 5% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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