For sale

$2,099,900

Est. $15,826/mo —

•

6,935

sq ft

12162 Pearl Bay Rdg, Indianapolis, IN 46236

About this home

Price Improvement!!!!! Dont miss out on this new price...The Ultimate Waterfront Paradise: Luxury Lakefront Living Refined Boating, fishing, and thrilling watersports are right outside your back door at this stunning Geist waterfront residence. Nestled in a gorgeous, private setting, this luxury estate truly "has it all," offering panoramic pool and water views from almost every vantage point. Feeling like a Get a Way lifestyle as an entertaining experience awaits your family and guests. Many areas used as you wish reflected throughout the entire residence. Room for everyone with 6 bedrooms+6 baths No detail has been spared in blending grand architectural elements with easy care custom finishes. All new Premium Waterproof LUXURY vinyl through all levels! Your new Home ,framed by gorgeous waterfront and professional landscaping. Ready to house your watercraft, offering instant access to open-water cruising and watersports. Inground Heated Swimming pool with sun deck to unwind beneath the stars. Outdoor covered bar area with wet sink. The main level is designed to maximize the beautiful surroundings while offering rich, sophisticated spaces for daily living. New Kitchen 2024 Elevated Quartz, all new Wolf induction cooktop, wolf oven and New Drawer style microwave. Pullouts galore, built in Coffee bar and New Subzero Fridge. Main level primary bedrm as well as main floor 2nd bedroom and additional New Full bath. Great for guest! Second kitchen/ bar area in basement with Amazing Wine cage .New HVAC 2023 and Tankless water heater too. New Cast iron custom stair railings! Irrigation and electric fence are in place . All new fireplace surrounds with marble and stone hearths. So much to discover. Hurry and enjoy the Good Life.

Single-familyProperty Type

1991Year Built

0.7 acresLot Size

$303Price/Sq.Ft.

$35/moHOA Dues

3 car garageParking

Listed by Deborah Minth • United Real Estate Indpls

Listing updated: Oct 8, 2026 at 10:27am

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #22120789

Payment calculator

$15,826 per month

Principal and interest$11,746

Property taxes

HOA dues

Home insurance

Utilities

5 minutes to get started. No credit impact.

Affordability tools

See this home in person

Open houses

No upcoming open houses.

Nearby open houses (10)

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OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
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Around this home

Schools

K - 12
Preschool & daycare

Amy Beverland Elementary School

Public 1-6 • Assigned • 1.2mi

8/10

Belzer Middle School

Public 7-8 • Assigned • 6.5mi

3/10

Lawrence Central High School

Public 9-12 • Assigned • 6.4mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

12162 Pearl Bay Rdg · $2,099,900

Strong offer

$2.06M and above

75% chance or better to win

Why $2.06M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 29 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Attic access with pull-down stairs
Breakfast bar
Built-in features
High and vaulted ceilings
Dumbwaiter
Pantry
Smart thermostat
Supplemental storage
Walk-in closets
Wet bar
Painted woodwork
Skylights
Two fireplaces (masonry) serving hearth room, family room and basement

Bedrooms
Primary bedroom with walk-in closet
Total of 6 bedrooms: 2 on main level, 1 on upper level, 3 in basement
Various bedroom sizes (examples include 21x16 master; secondary bedrooms on main and upper levels)

Bathrooms
Four full bathrooms
Two half bathrooms
Primary bath with double sinks, suite configuration, whirlpool tub and separate full tub & shower

Kitchen
Induction cooktop
Convection oven and standard oven
Microwave
Dishwasher
Disposal
Refrigerator
Wine cooler
Water purifier
Outdoor kitchen (exterior feature)

Laundry & utility
Main-level laundry room with sink

Heating & cooling
Forced-air heating (natural gas)
Central air conditioning
Humidifier
Tankless water heater
Water softener (owned)

Sale and tax history for 12162 Pearl Bay Rdg

Sale History
Tax History

Date

Event

Price

MIBOR as Distributed by MLS Grid #22120789

Oct 8, 2026

Price Changed

$2,099,900

$303/sq ft

Sep 11, 2026

Listed

$2,199,900

$317/sq ft

Sep 9, 2026

Price Changed

$2,199,900

$317/sq ft

MIBOR as Distributed by MLS Grid #21921976

Jul 10, 2023

Sold

$1,950,000

$281/sq ft

Jun 7, 2023

Pending

—

May 26, 2023

Listed

$1,790,000

$258/sq ft

+107

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!

MIBOR as Distributed by MLS Grid #21134741

Sep 17, 2012

Listing Removed

—

Sep 14, 2012

Sold

$785,000

$113/sq ft

Jul 29, 2011

Listed

$825,000

$119/sq ft

+19

Geist Lakefront Home on oversize .7 Acre point lot located in a protected area w/views to the main body. First time on market, this all brick beauty has been nicely updated by original owners. Open plan w/2-story entry & great rm. 15' cathedral ceilings in main lvl master, Raised clgs in other areas. Updated Kit w/Granite Tops all Stainless Appliances. Walk-out w/wet bar, family rm 2nd fireplace & theater area. 18X36 diving pool w/slide. Boat dock w/lift. Lush landscaping. Cul-de-sac location.

Year

Property tax

Land + Additions

Assessment*

2025

$17,913 (+5.3%)

$293,700 + $1,351,600

$1,645,300

2024

$17,017 (+25.3%)

$293,700 + $1,210,600

$1,504,300

2023

$13,576 (+10.7%)

$293,700 + $1,210,600

$1,504,300

2022

$12,266 (+2.8%)

$293,700 + $884,600

$1,178,300

2021

$11,932 (+2.6%)

$293,700 + $706,700

$1,000,400

2020

$11,627 (+11.1%)

$293,700 + $706,700

$1,000,400

2019

$10,462 (−0.5%)

$293,700 + $669,500

$963,200

2018

$10,512 (+19.4%)

$293,700 + $706,700

$1,000,400

2017

$8,808 (−0.7%)

$293,700 + $544,100

$837,800

2016

$8,871 (+1.4%)

$293,700 + $544,100

$837,800

2015

$8,748 (+3.9%)

$293,700 + $551,700

$845,400

2014

$8,418 (−0.1%)

$293,700 + $550,200

$843,900

2013

$8,428

$293,700 + $520,700

$814,400

Public record

Public record
Zoning
Permits

Beds

—

Baths

2.5

Stories

1.5

Lot width

—

Lot depth

—

Lot size

0.7 Acres

Year renovated

2017

Finished Sq. Ft.

6,835

Unfinished Sq. Ft.

—

Total Sq. Ft.

6,835

Year built

1991

Style

Single Family Residential

County

Marion County

APN

490115125002000400

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 14, 2026.

METRO

Planned Unit Development

The planned unit development district (D-P) is established for the following purposes: To encourage a more creative approach in land and building site planning. To encourage and efficient, aesthetic and desirable use of open space. To encourage variety in physical development pattern. To promote street layout and design that increases connectivity in a neighborhood and improves the directness of routes for vehicles, bicycles, pedestrians, and transit on an open street and multi-modal network providing multiple routes to and from destinations. To achieve flexibility and incentives for residential, non-residential and mixed-use developments which will create a wider range of housing types as well as amenities to meet the ever changing needs of the community. To encourage renewal of older areas in the metropolitan region where new development and restoration are needed to revitalize areas. To permit special consideration of property with outstanding features, including but not limited to historical significance, unusual topography, environmentally sensitive areas and landscape amenities. To provide for a comprehensive review and processing of development proposals for developers and the Metropolitan Development Commission by providing for concurrent review of land use, subdivision, public improvements and siting considerations. To accommodate new site treatments not contemplated in other kinds of districts.

Zone overlays

Metro Context Area

Dec 8, 2023 • Final

Electrical - 1-2 family

Remove and replace an electrical service panel.

Electrical

Oct 20, 2023 • Final

Electrical - 1-2 family

Replace a 200 amp electrical panel.

Electrical

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 18 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46236

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

77/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.4 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 12162 Pearl Bay Rdg

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $535,000 and $1,680,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $535K to $1.7M.

SOLD JUL 24, 2026
$1,350,000 Last sold price
5 beds4.5 baths5,805 sq ft
9264 Bluestone Cir, Indianapolis, IN 46236
$70/sq ft
3 years older
SOLD JUN 26, 2026
$1,680,000 Last sold price
4 beds4 baths7,369 sq ft
9238 Treasure Pt, Indianapolis, IN 46236
$75/sq ft
smaller lot
6 years newer
SOLD SEP 3, 2026
$535,000 Last sold price
4 beds3.5 baths3,500 sq ft
12521 Old Stone, Indianapolis, IN 46236
$150/sq ft
smaller lot
1 year newer
SOLD SEP 3, 2026
$699,999 Last sold price
4 beds5 baths6,716 sq ft
9115 Admirals Pointe Ct, Indianapolis, IN 46236
$199/sq ft
smaller lot
3 years older
SOLD JUL 28, 2026
$670,000 Last sold price
4 beds3.5 baths4,394 sq ft
12344 Moon River Ct, Indianapolis, IN 46236
$151/sq ft
smaller lot
SOLD JUL 21, 2026
$910,000 Last sold price
5 beds5 baths5,236 sq ft
8840 Bay Breeze Ln, Indianapolis, IN 46236
$129/sq ft
smaller lot
4 years newer

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Details provided by MIBOR as Distributed by MLS Grid and may not match the public record. Learn more.

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