# 8631 Bay Colony Drive, Indianapolis, IN 46234

> **TL;DR:** 5bd/5ba single family, $1,250,000 ($226/sqft), built 1989, 5,529 sqft.
> Fireplace, Waterfront, Basement. Est. $5,417/mo. Listed 38 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,250,000 |
| Price/sqft | $226 |
| Bedrooms | 5 |
| Bathrooms | 4 full, 1 half |
| Square Feet | 5,529 |
| Year Built | 1989 |
| Lot Size | 35,284 sqft (0.81 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 38 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,417 |
| **Total** | **$5,417** |

## Nearby Schools

- **Elementary:** Eagle Creek Elementary School
- **Middle:** Lincoln Middle School
- **High:** Pike High School

## Key Amenities

- Fireplace
- Waterfront
- Basement

## Property Highlights

- Built in 1989
- 0.81 acre lot
- Fireplace
- Waterfront

## Description

### Agent Description
Presenting an exceptional opportunity to reside in a gated community, Bay Colony: a meticulously maintained single-family residence, constructed in 1989, encompassing 5529 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. Hot tub can be inspected and filled or removed.

## Location

- **Address:** 8631 Bay Colony Drive, Indianapolis, IN 46234
- **County:** Marion
- **Neighborhood:** Bay Colony
- **Coordinates:** 39.850437, -86.31422
- **Google Maps:** https://www.google.com/maps?q=39.850437,-86.31422

## Listing Agent

- **Name:** Kim Stewart
- **Brokerage:** Star Harbor Realty, LLC
- **Phone:** 3172929492
- **Email:** starharbor@comcast.net

## Primary Photo

![8631 Bay Colony Drive - Primary Photo](http://lh.rdcpix.com/7cada7bb1efa9b821ab8b7ca5e3f550el-f3959139645r.jpg)

*60 total photos available on [listing page](https://www.propertysimple.com/listing/8631-bay-colony-drive-indianapolis-in-46234-22097648)*

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**MLS#:** 22097648 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/8631-bay-colony-drive-indianapolis-in-46234-22097648)

---

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