Waterfront
Address
12465 Silver Bay Circle, Indianapolis, IN
Price
$ 920,000
Property Attributes
- MLS#22093814
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CityIndianapolis
- AreaLawrence
- NeighborhoodAdmirals Bay
- Zip46236
- StyleTraditional
- Year Built1996
- Taxes$ 7662
- Price$ 920,000
- Bedrooms6
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage5279
- Lot Size0.43 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
A rare opportunity on Geist Reservoir with one of the most sought-after features in the area, a deeded boat dock. This 6 bedroom, 5 full bathroom home offers 5,279 square feet designed to fully capture the lake lifestyle. Direct water access allows for effortless boating, entertaining, and everyday enjoyment on Geist, setting this property apart from anything else on the market. Inside, the main level features an open-concept layout anchored by an updated kitchen with stainless steel appliances, extensive cabinetry & a large center island. A double-sided fireplace connects the kitchen and great room, while soaring ceilings and expansive windows bring in natural light and highlight the views. The layout offers flexibility with a main-level bedroom and full bath, ideal for guests or multigenerational living, along with a private office with French doors and a formal dining room with butler's pantry. Dual staircases add both convenience and architectural appeal. Upstairs, the primary suite is expansive with tray ceilings, a large en-suite bath featuring a jacuzzi tub and dual-head shower, and a walk-in closet with additional space for storage or expansion. Additional bedrooms include both en-suite and Jack-and-Jill configurations, plus a conveniently located laundry room. The walk-out lower level is built for entertaining, complete with a full wet bar, multiple living areas, built-in speakers, and direct access to the patio. A sixth bedroom and full bath provide excellent space for guests or extended stays. With a large deck, quality finishes throughout, and a layout designed for both everyday living and entertaining, this home delivers. The deeded dock (dock- 1 yr old, new canopy, & lift included) on Geist Reservoir is the centerpiece, ideally positioned in one of the most desirable coves just off the main body. Centrally located on the reservoir, it offers quick access to the Marina, Wolfies Grill, and the full lake, delivering a true lake lifestyle
| Elementary School | Middle School | High School |
|---|---|---|
| Amy Beverland Elementary | Belzer Middle School | Lawrence Central High School |
| Price History | |
|---|---|
| 4/10/2026 | Listed $975,000 |
| 4/24/2026 | 3$950,000 |
| 6/4/2026 | 2$935,000 |
| 6/19/2026 | 2$920,000 |
General Features
| Heating | Forced Air,High Efficiency (90%+ AFUE ),Natural Gas |
|---|---|
| Cooling | Central Air,High Efficiency (SEER 16 +) |
| Utilities | Cable Available,Natural Gas Connected |
| Possession | Negotiable |
| Appliances | Electric Cooktop,Dishwasher,Down Draft,Dryer,Disposal,Gas Water Heater,Humidifier,Microwave,Double Oven,Convection Oven,Refrigerator,Washer,Water Heater,Water Softener Owned |
| HOA Fee | 525 |
| Garage Spaces | 3 |
| Association Fee Includes | Association Home Owners,Entrance Common,Insurance,Maintenance,Management,Security,Snow Removal |
| Patio/Porch Features | Covered,Deck,Patio |
| Architectural Style | Traditional |
| Construction Materials | Brick,Cement Siding |
| Year Built | 1996 |
| Electric | 200+ Amp Service |
| Township | Lawrence |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Waterfront Features | Boat Slip,Dock,Lake Privileges,Water Access |
| Accessibility | Accessible Entrance |
| Assoc Fee Paid Per | Annually |
| County | Marion |
| New Construction | No |
| Property Type | Residential |
| Association Amenities | Insurance,Maintenance,Management,Security,Snow Removal |
| HOA | Yes |
| Subdivision Name | Admirals Bay |
| Garage Y/N | Yes |
| Total Rooms | 14 |
| Full Baths | 5 |
| Status | Active |
| Directions | GPS Friendly |
| High School | Lawrence Central High School |
| City | Indianapolis |
| High School District | MSD Lawrence Township |
| MLS Area | 4904 - Marion - Lawrence |
| Lot Size Square Feet | 18731 |
| Elementary School | Amy Beverland Elementary |
| Property Attached Y/N | No |
| Current Financing | Conventional,VA |
| Middle/Junior High School | Belzer Middle School |
| Virtual Tour | https://listings.317media.com/PFJ3ZsMD |
| Standard Status | Active |
| Tax Lot | 191 |
| Virtual Tour | https://listings.317media.com/PFJ3ZsMD |
| Legal Description | Admirals Bay Sec 4 L 191 |
Interior Features
| Interior Amenities | Attic Access,Breakfast Bar,High Ceilings,Tray Ceiling(s),Ceiling Vaulted,Kitchen Island,Entrance Foyer,Paddle Fan,Hardwood Floors,Hi-Speed Internet Availbl,In-Law Arrangement,Eat-in Kitchen,Pantry,Wa |
|---|---|
| Basement | Ceiling - 9+ feet,Daylight,Exterior Entry,Finished,Storage Space,Walk-Out Access |
| Total Fireplaces | 2 |
| Fireplace Features | Two Sided,Primary Bedroom,Great Room,Kitchen |
| Basement (Y/N) | Yes |
| Laundry Features | Upper Level,Sink |
| Total Bedrooms | 6 |
| Below Grade Finished Area | 1762 |
| Main Level Bedrooms | 1 |
| LivingAreaSource | Assessor |
| Total Baths | 5 |
Exterior Features
| Exterior Amenities | Exterior Handicap Accessible,Sprinkler System |
|---|---|
| Parking Features | Attached |
| Lot Features | Cul-De-Sac,Wooded |
| Water Source | Public |
| Foundation Details | Concrete Perimeter |
| Building Area Total | 5279 |
| Lot Size Acres | 0.43 |
| Waterfront Y/N | Yes |
| Other Equipment | Security System Owned,Smoke Alarm,Sump Pump |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 46236
Price
Taxes
Year Built
Visits
In The Neighborhood
Waterfront
Indianapolis
$ 2,499,900
- Type
- Single Family
Listed by Jennil Salazar of Compass Indiana, LLC
MIBOR REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than eXp Realty in Metropolitan Indianapolis may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Last Updated: August 20, 2026 6:34 PM UTC
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on August 20, 2026 6:28 PM UTC
The content relating to real estate for sale and/or lease on this Web site comes in part from
the Internet Data eXchange ("IDX") program of the Northwest Indiana REALTORS® Association Multiple Listing Service ("NIRA MLS"). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers' personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing
