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$229,000

Listing Price

2beds

3baths

1,612sqft

2,703sqft lot

9232 Backwater Dr, Indianapolis, IN 46250

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Condo / Townhome

Home type

139.47

Price / sqft

1990

Year built

Home Details

Located in the highly desired Spinnaker Cove neighborhood, this inviting home presents a unique condominium lifestyle in a fantastic location, located just south of 96th St. off of Masters Road. Move in ready, this home offers an exceptional opportunity to enjoy waterfront living. The living room offers an open floor plan enhanced by the comforting presence of a fireplace, creating a focal point for relaxation and gatherings. Imagine cozy evenings spent enjoying the warmth and ambiance as you unwind from the day. The very spacious kitchen features several cabinets and a lot of counter space, offering both practical workspace and a casual dining spot. The bathrooms provide a spa-like experience, one featuring a walk in shower for quick refreshment and the other offering a tile tub, perfect for luxurious soaks. Step outside onto the balcony or patio to immerse yourself in the tranquil water view, offering a peaceful escape right at your doorstep. This two-story condominium, built in 1990, features two full bathrooms, one half bathroom, and two bedrooms within its 1612 square feet of living area, situated on a 2703 square feet lot. Embrace the opportunity to own this waterfront condominium, where comfort meets scenic beauty!

Interior Details

Square Feet
  • 1612

Bedrooms
  • 2

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 2703

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Condo/apartment

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$1,579

$16,900

$142,500

--%

$159,400

2019

$1,579

$16,900

$133,000

--%

$149,900

2018

$1,558

$16,900

$131,100

--%

$148,000

2017

$2,743

$16,900

$116,400

--%

$133,300

2016

$2,551

$16,900

$106,900

--%

$123,800

2013

$2,078

$16,900

$87,000

--%

$103,900

2012

$1,224

$16,900

$87,000

--%

$103,900

2011

$1,153

$16,900

$107,700

--%

$124,600

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Average Home Price in 46250

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$244,756

3 Beds

2.5 Baths

1,612 Sqft

3,387 Lot (sqft)

Sold 09/10/2026

$229,000

2 Beds

3 Baths

1,612 Sqft

2,703 Lot (sqft)

Sold 10/13/2026

$249,900

-- Beds

1.5 Baths

1,546 Sqft

2,000 Lot (sqft)

Sold 10/13/2026

$220,814

2 Beds

2.5 Baths

1,612 Sqft

2,767 Lot (sqft)

Sold 10/13/2026

$240,000

3 Beds

3 Baths

1,546 Sqft

2,045 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
229,000
$
Down payment
45,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,374
$
HOA (Monthly)
0
$
PMI
0
$
$1,482
Your Payment
Total Monthly Payment:$1,482
Percent of Income:25%
Affordable:Yes

Details for 9232 BACKWATER DR

Property Debt

Foreclosure Contact Details