Back 9232 Backwater Dr
Off Market

9232 Backwater Dr

Indianapolis IN 46250

2
3
2
1612 sq. ft.
2703 sq. ft.
Condo
Last sold for $222,000
Melissa BarclayMelissa Barclay, last sold this property on 27 October 2025 after 52 days on market.

Overview

Located in the highly desired Spinnaker Cove neighborhood, this inviting home presents a unique condominium lifestyle in a fantastic location, located just south of 96th St. off of Masters Road. Move in ready, this home offers an exceptional opportunity to enjoy waterfront living. The living room offers an open floor plan enhanced by the comforting presence of a fireplace, creating a focal point for relaxation and gatherings. Imagine cozy evenings spent enjoying the warmth and ambiance as you unwind from the day. The very spacious kitchen features several cabinets and a lot of counter space, offering both practical workspace and a casual dining spot. The bathrooms provide a spa-like experience, one featuring a walk in shower for quick refreshment and the other offering a tile tub, perfect for luxurious soaks. Step outside onto the balcony or patio to immerse yourself in the tranquil water view, offering a peaceful escape right at your doorstep. This two-story condominium, built in 1990, features two full bathrooms, one half bathroom, and two bedrooms within its 1612 square feet of living area, situated on a 2703 square feet lot. Embrace the opportunity to own this waterfront condominium, where comfort meets scenic beauty!

Features

2 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
1612 sq. ft. floor area
2703 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Indianapolis over the last 12 months, the estimated median property value of 9232 Backwater Dr is $203.5k.

Median value
$203.5k
Estimated value range
$140k - $333.5k
Median days on market
36
Estimated value trend
-2%
decrease 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 9232 Backwater Dr

2025
Sold
$222,000
27 Oct 2025 by Melissa Barclay, of eXp Realty LLC
2018
Sold
$150,000
01 Aug 2018 by James Lamson, 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 2 bedroom condos in Indianapolis

In the last 12 months, 39 two-bedroom condos similar to 9232 Backwater Dr, have been sold.

This represents a 8% decrease in two-bedroom condos sales when compared to the previous 12 months.

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