#22046618, Jordan Moody, Listing office: Keller Williams Indpls Metro N
$825,000 List price
5550 Bay Colony Ln Indianapolis, IN 46234
4 beds
3 full, 2 partial
5,968 sqft
0.8 acres
$138 / sqft
House
Property details
About 5550 Bay Colony Ln
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.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size5,968 sqft
BasementYes
Lot size0.85 Acres
Year built1986
MLS #22032801
FireplaceBasement, Family Room, Gas Log, Living Room
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 3
- Appliances: Gas Cooktop, Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Bar Fridge, Washer, Water Softener
- Basement: Yes
- Interior: Vaulted Ceiling(s), Kitchen Island, Entrance Foyer, Eat-in Kitchen, Pantry, Walk-In Closet(s), Wet Bar
- Fireplace: Basement, Family Room, Gas Log, Living Room
- Total Bedroom Count: 4
- Architectural Style: Traditional
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $825,000
- Price/SqFt: $138
- HOA Amount: $775 Semi-Annually
- Annual Tax Amount: $6,136
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1986
- Living Area: 5,968 SqFt
- Lot Size: 0.85 Acres
- MLS Number: 22032801
- MLS Name: MIBOR
- Office Name: @properties
- Listing Agent: Miranda Tworek
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/18/2025, 8:31:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $613,600 | $6,136 |
| 2022 | $577,700 | $5,777 |
| 2021 | $549,700 | $5,265 |
| 2020 | $526,500 | $5,259 |
| 2019 | $503,300 | $5,058 |
| 2018 | $483,900 | $5,006 |
| 2017 | $479,400 | $4,792 |
History based on county public records data.
Nearby schools
5
Eagle Creek Elementary School
Public District KG-5
1.9 mi
•6905 W 46th St
5
Deer Run Elementary School
Public District KG-5
2.3 mi
•5401 N High School Rd
4
Jonathan Jennings Elementary School 106
Public District KG-6
2.9 mi
•6150 Gateway Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $97,590. Residents of Indianapolis, IN typically earn between $35k-100k each year. Most families are married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
13%
<35k
38%
35k-100k
26%
100k-200k
23%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
32%
Single, No Kids
6%
Single, with Kids
47%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
17%
18-34 yrs old
54%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
NBA/WNBA
Minor League Baseball Games
Where do the neighbors shop?
Chico's
New York & Company
Forever 21
Where do the neighbors go to eat?
Boston Market
Qdoba
Chick-fil-A
What do the neighbors drive?
Volvo
Infiniti
Kia
What do the neighbors listen to?
Talk/Personality
Active Rock
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5550 Bay Colony Ln
The listing price of 5550 Bay Colony Ln property is $825,000.
The property 5550 Bay Colony Ln is a house located in Indianapolis, Indiana, 46234.
Active Listing: 5550 Bay Colony Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5550 Bay Colony Ln are: Eagle Creek Elementary School (GreatSchools Rating 5/10), Deer Run Elementary School (GreatSchools Rating 5/10), Jonathan Jennings Elementary School 106 (GreatSchools Rating 4/10), Enlace Academy (GreatSchools Rating 2/10), Brownsburg East Middle School (GreatSchools Rating 10/10), Lincoln Middle School (GreatSchools Rating 2/10), Indiana Connections Career Academy (GreatSchools Rating 4/10), Indiana Connections Academy (GreatSchools Rating 4/10), Pike High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $6,136 (source: MLS/based on county public records data).
The property at 5550 Bay Colony Ln has 4 bedrooms and 3 full and 2 half bathrooms.
The property 5550 Bay Colony Ln is 5,968 SqFt (source: MLS/tax record).
The year of construction for 5550 Bay Colony Ln is 1986.
This home is located at 5550 Bay Colony Ln in Indianapolis, IN and zip code 46234 in the Eagle Creek neighborhood. This 5,968 square foot home, which was built in 1986, sits on a 0.85 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $825,000.
In June 2025 more than 266 listings in Indianapolis, IN were sold above the asking price. During the same period more than 276 listings were sold at asking price, while more than 527 were sold below. The number of listings in Indianapolis, IN decreased by 0.2% between May and June 2025. The median list price of listings available in June 2025 was $251,183, while the average time on the real estate market was 31 days.
From Rocket Homes Real Estate and based on county public records data.