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$825,000
12 Days On Site

5550 Bay Colony Lane
Indianapolis, IN 46234

For Sale|Single Family Residence|Active
4
Beds
5
Total Baths
3
Full Baths
2
Partial Baths
5,968
SqFt
$138
/SqFt
1986
Built
Subdivision:
Bay Colony
County:
Marion
Listing courtesy of @properties 8127200317

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5550 Bay Colony Lane5550 Bay Colony Lane5550 Bay Colony Lane5550 Bay Colony Lane
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Monthly Payment (Est.)

$3,764
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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 a secluded backyard with no neighbors in view. 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, golfing, hiking, bird watching, and all that living on the reservoir has to offer.

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Listing Snapshot
Price 
$825,000
Days On Site 
12 Days
Bedrooms 
4
Inside Area (SqFt) 
5,968 sqft
Total Baths 
5
Full Baths 
3
Partial Baths 
2
Lot Size 
0.85 Acres
Year Built 
1986
MLS® Number 
22032801
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$775 Semi-Annually
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.85
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
3
Parking 
Attached
Property Sub Type 
Single Family Residence
SqFt Below 
1924
SqFt Total 
5968
Stories 
Two
Style 
Traditional
Utilities 
Cable AvailableCable Connected
Water Source 
Private
Interior Features
Appliances 
Gas CooktopDishwasherDryerGas Water HeaterMicrowaveGas OvenRefrigeratorBar FridgeWasherWater Softener Owned
Basement 
Finished
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
BasementFamily RoomGas LogLiving Room
Fireplaces 
3
Heating 
Forced AirNatural Gas
Interior 
Vaulted Ceiling(s)Kitchen IslandEntrance FoyerEat-in KitchenPantryWalk-In Closet(s)Wet Bar
Main Level Bedrooms 
1
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Exterior Features
Construction Details 
Wood Siding
Lot Features 
Wooded
Patio And Porch 
Deck
Community Features
Association Dues 
775
Community Features 
Gated
HOA Fee Frequency 
Semi-Annually
Horse Property 
None
MLS Area 
4902 - Marion - Pike
School District 
MSD Pike Township
Township 
Pike
Schools
School District
MSD Pike Township
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of @properties 8127200317



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2025-07-31 07:01 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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