NOT LISTED FOR SALE

12162 Pearl Bay Ridge Indianapolis, IN 46236

Geist Neighborhood

Estimated Value: $799,000 - $1,754,000

6 Beds
6 Baths
6,756 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $1,950,000 $289 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $9,018/month

9 Days on Market

Highlights

  • Lake Front
  • Heated In Ground Pool
  • Mature Trees
  • Boat Slip
  • Dumbwaiter
  • Family Room with Fireplace

About This Home

As of July 2023

Check out Aerial Tour! Boating/Fishing/Watersports from your Home! Stunning Geist Waterfront Residence Offering Panoramic Pool & Water Views. Nestled in a Gorgeous Private Setting, this Home "Has it All". The Ultimate Vacation Living & Entertaining Experience Await Your Family & Guests. You will be Amazed by the "Unlimited Distinctive Master Craftsman Updates" that are reflected throughout the Residence. Gorgeous Waterfront, Amazing Landscape & Pool Views Exist. The 2 Story Great Room, Hearth Room, Fabulous Gourmet Chef's Kitchen & the Finished Walk-Out Lower Lvl that Offers an Amazing "Cheers Bar"/Media area, Billiards Room, Screened Sun Room & the Outdoor Gazebo Entertainment/Grilling/Seating Areas are Fantastic!

Last Listed By

Mike Clark

F.C. Tucker Company License #RB14026930 Listed on: 05/26/2023

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,744

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 0.7 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Sprinkler System
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Guest Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Home Theater Equipment
  • Wired For Sound
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Paddle Fans
  • Fireplace in Hearth Room
  • Fireplace Features Masonry
  • Thermal Windows
  • Green House Windows
  • Bay Window
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Storage
  • Lake Views
  • Attic Access Panel

Kitchen

  • Dumbwaiter
  • Breakfast Bar
  • Convection Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • 9 Foot Basement Ceiling Height
  • Fireplace in Basement
  • Basement Storage
  • Basement Window Egress

Home Security

  • Security System Owned
  • Smart Lights or Controls
  • Intercom
  • Smart Locks
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Above Ground Spa
  • Waterfall Pool Feature
  • Pool Cover
  • Pool Liner
  • Pool Sweep

Outdoor Features

  • Seawall
  • Boat Slip
  • Balcony
  • Multiple Outdoor Decks
  • Covered patio or porch
  • Outdoor Water Feature
  • Outdoor Kitchen
  • Gazebo
  • Outdoor Gas Grill

Schools

  • Amy Beverland Elementary School
  • Belzer Middle School
  • Lawrence Central High School

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater

Community Details

  • Association fees include home owners, insurance, maintenance, management, security, snow removal
  • Association Phone (317) 875-5600
  • Admirals Pointe Subdivision
  • Property managed by GHPOA/Associa
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 143 / 6
  • Assessor Parcel Number 490115125002000400

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,744

Year Built

Built in 1991 | Remodeled

Lot Details

0

HOA Fees

$40 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1991
  • Building Area Total: 7127
  • Co List Office Phone: 317-849-5050
  • Garage Y N: Yes
  • Lot Size Acres: 0.7
  • Subdivision Name: Admirals Pointe
  • Transaction Type: Sale
  • Website: https://youtu.be/kOw3sQKeeaI
  • Accessibility Features YN: No
  • MBR_AttributionContact: mikeclark@talktotucker.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Egress Window(s), Exterior Entry, Finished, Finished Ceiling, Finished Walls, Full, Storage Space, Walk Out
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Humidifier, Microwave, Oven, Convection Oven, Refrigerator, Warming Drawer, Water Heater, Water Softener Owned, Wine Cooler
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 2594
  • Fireplace Features: Basement, Family Room, Hearth Room, Masonry
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Bath Sinks Double Main, Breakfast Bar, Built In Book Shelves, Raised Ceiling(s), Vaulted Ceiling(s), Dumbwaiter, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Network Ready, Pantry, Programmable Thermostat, Supplemental Storage, Surround Sound Wiring, Walk-in Closet(s), Wet Bar, Window Bay Bow, Window Green House, Windows Thermal
  • Living Area: 6756
  • Main Level Bedrooms: 2
  • Other Equipment: Intercom, Security Alarm Paid, Smoke Alarm, Theater Equipment
  • Spa Features: Above Ground, Heated, Private
  • Spa Y N: Yes
  • Areas Interior: Bedroom Other on Main,Great Room - 2 Story,Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room,Other Eating Area
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2773
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1389
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 10

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony, Boat Slip, Dock, Gas Grill, Lighting, Outdoor Kitchen, Smart Light(s), Smart Lock(s), Sprinkler System, Water Feature Fountain, Other
  • Foundation Details: Concrete Perimeter, Full, Poured Concrete
  • List Price: 1790000
  • Patio And Porch Features: Covered Porch, Deck Main Level, Deck UP, Gazebo, Multiple Decks, Screened
  • Pool Features: Heated, Liner, Below Ground, Pool Cover, Pool Sweep, Private, Waterfall
  • Property Condition: Updated/Remodeled
  • View: Lake, Water
  • View Y N: Yes
  • Waterfront Features: Lake Front, Seawall, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Concrete, Garage Door Opener, Guest Parking, Side Load Garage, Storage, Workshop in Garage
  • Garage Parking Other: Finished Garage,Garage Door Opener,Keyless Entry,Service Door,Other
  • Garage Sq Ft: 878

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Management, Security, Snow Removal
  • Association Fee: 475
  • Association Fee Frequency: Annually
  • Association Phone: 317-875-5600
  • Association YN: Yes
  • Community Features: Curbs, Sidewalks
  • Management Company Name: GHPOA/Associa
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Insurance, Maintenance, Management, Security, Snow Removal

Schools

  • Middle Or Junior School: Belzer Middle School

Lot Info

  • Lot Features: Cul-De-Sac, Curbs, Sidewalks, Storm Sewer, Mature Trees, Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 30492
  • Parcel Number: 490115125002000400
  • Acres: 1/2-1 Acre
  • Price Acre: 2785714.28571429

Green Features

  • Green Certification Y N: No
  • Smart Home Features: CO2 Dectectors WiFi,Outlets Voice Controlled - Some,Outlets WiFi - Some,Smart Bridge Hub - Owned,Smoke Alarms WiFi,Thermostat - WiFi

Tax Info

  • Tax Annual Amount: 11744
  • Tax Block: 6
  • Tax Lot: 143
  • Semi Annual Property Tax Amt: 5872
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

MLS Schools

  • Elementary School: Amy Beverland Elementary
  • High School: Lawrence Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jul 7, 2023
Sold by
Schuller Joseph M and Schuller Monika A
Bought by
Linarducci Gerardo Lorenzo and Linarducci Jennifer Joan
Seller's Agent
Mike Clark
F.C. Tucker Company
Buyer's Agent
Jamie Boer
Compass Indiana, LLC
List Price
$1,790,000
Sold Price
$1,950,000
Premium/Discount to List
$160,000
8.94%
Total Days on Market
9
Views
346
Current Estimated Value
$1,405,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$544,010
Avg. Annual Appreciation
-9.57%

Purchase Details

Listed on
Jul 29, 2011
Closed on
Sep 14, 2012
Sold by
Goins Terry and Goins Marcia
Bought by
Schuller Joseph M and Schuller Monika A
Seller's Agent
Dick Richwine
Berkshire Hathaway Home
Buyer's Agent
Michael Clark
List Price
$785,000
Sold Price
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$585,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Linarducci Gerardo Lorenzo $1,950,000 None Listed On Document
Schuller Joseph M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Linarducci Gerardo Lorenzo $0
Previous Owner Schuller Joseph M $510,000
Previous Owner Schuller Joseph M $80,000
Previous Owner Schuller Joseph M $585,000
Previous Owner Goins Terry L $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $1,950,000 +8.9% $289 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $1,790,000 +128.0% $265 / Sq Ft
09/14/2012 09/14/12 Sold $785,000 0.0% $189 / Sq Ft
08/26/2012 08/26/12 Pending -- -- --
07/29/2011 07/29/11 For Sale $785,000 -- $189 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,576 $1,504,300 $293,700 $1,210,600
2023 $13,576 $1,178,300 $293,700 $884,600
2022 $12,266 $1,046,300 $293,700 $752,600
2021 $11,932 $1,000,400 $293,700 $706,700
2020 $11,627 $963,200 $293,700 $669,500
2019 $10,462 $1,000,400 $293,700 $706,700
2018 $10,512 $1,000,000 $293,700 $706,300
2017 $8,808 $837,800 $293,700 $544,100
2016 $8,871 $845,400 $293,700 $551,700
2014 $8,419 $814,400 $293,700 $520,700
2013 $8,237 $814,400 $293,700 $520,700
Source: Public Records

Agents Affiliated with this Home

  • Mike Clark

    Seller's Agent in 2023

    Mike Clark

    F.C. Tucker Company

    (317) 340-5812

    2 in this area

    28 Total Sales

    Mike Clark
    Section Image
  • Becky Coble

    Seller Co-Listing Agent in 2023

    Becky Coble

    F.C. Tucker Company

    (317) 340-5811

    1 in this area

    6 Total Sales

    Becky Coble
    Section Image
  • Jamie Boer

    Buyer's Agent in 2023

    Jamie Boer

    Compass Indiana, LLC

    (317) 289-9169

    26 in this area

    503 Total Sales

    Section Image
  • Dick Richwine

    Seller's Agent in 2012

    Dick Richwine

    Berkshire Hathaway Home

    (317) 558-6900

    12 in this area

    573 Total Sales

    Dick Richwine
    Section Image

  • J

    Seller Co-Listing Agent in 2012

    Joel Woelfle

    Berkshire Hathaway Home

    (317) 590-8200

    12 in this area

    59 Total Sales

    Joel Woelfle
    Section Image

  • M

    Buyer's Agent in 2012

    Michael Clark

See All Agents

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 21921976

MIBOR Broker Listing Cooperative®

APN: 49-01-15-125-002.000-400

Indiana Marion County Indianapolis 46236 Geist

12162 Pearl Bay Ridge, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 12162 Pearl Bay Ridge, Indianapolis, IN 46236 since 26 May 2023 and is currently estimated at $1,405,990, approximately $208 per square foot. This property was built in 1991. 12162 Pearl Bay Ridge is a home located in Marion County with nearby schools including Amy Beverland Elementary School, Belzer Middle School, and Lawrence Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.