Back 8417 Bay Colony Drive
Off Market

8417 Bay Colony Drive

Indianapolis IN 46234

3
3
3
3888 sq. ft.
25613 sq. ft.
Single-Family
Last sold for $1,425,000
Brenda DeanBrenda Dean, last sold this property on 17 October 2025 after 37 days on market.

Overview

A true ONCE in a lifetime opportunity! This Waterfront home, in exclusive gated Bay Colony has been modernized after 40 year original ownership. Where else can you Sip espresso while watching the rowing teams practicing on Eagle Creek Reservoir, boat over to Rick's Cafe Boatyard & fly out of Eagle Creek Airpark? This Mid-Century style home, with Broken-Stoneface limestone exterior & Rustic Channel Cedar Siding & trim, exudes modern organic style & offers a panoramic water view from the Front Door, through the three new 9' sliders in the Great Room, & sliders in two bedrooms. Enter through Contemporary Glass Entry Doors into the expansive foyer, featuring Daltile Indian Multicolor Versailles Slate floors, opening into the two-story Great Room with Stone fireplace & vintage wood mantle, made from wood originally on the property. Pier 55 Oak Flooring throughout. The kitchen features custom Quarter Sawn Oak, Cottage Sheer White Cabinets, champagne bronze hardware, leathered granite counters, Cafe' Refrigerator, Cafe' dual-fuel Range with motion sensor Hood, and Cafe' Dishwasher. Flanking the range, are ample spice storage & gourmet knife drawers. Lakehouse sink with Pella triple windows for luxury water view. Cherry Island includes Thermador Microwave, extra Whirlpool oven & serving-dish drawer, including additional holiday dish storage under the barstool area. Family room includes space for formal dining with feature lighting above for a 10 foot dining table, & additional fireplace for entertaining the whole family for the holidays. Upstairs bonus room for home office or den. Extra Large Private Primary ensuite includes two Vanities, Limestone tile with seashells & fossils surrounding the soaking tub, & glass enclosed champagne bronze shower. Private Primary balcony. Freshly painted home exterior including new Malarky AR roof with 40 year shingle and GutterHelmet, shaded Trex Deck & Cable Railing system. Boat dock for relaxing evening rides across the water.

Features

3 bedrooms
3 bathrooms
3 carspaces
3 garage spaces
3888 sq. ft. floor area
25613 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 8417 Bay Colony Drive is $280k.

Median value
$280k
Estimated value range
$125k - $1.43m
Median days on market
13
Estimated value trend
1%
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 8417 Bay Colony Drive

2025
Sold
$1,425,000
17 Oct 2025 by Brenda Dean, of Your Realty Link, LLC
2024
Sold
$699,000
03 Oct 2024 by Matt McLaughlin, of F.C. Tucker Company

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 3 bedroom single-family properties in Indianapolis

In the last 12 months, 189 three-bedroom single-family properties similar to 8417 Bay Colony Drive, have been sold.

This represents a 11% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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