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    3016 Lake Shore Dr, Unit B Indianapolis, IN 46205

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    For Sale
    $185,000

    Luxurious, remodeled lakefront condo with two-car garage and patio.

    Property size:
    1,400 SF
    Lot size:
    0.08 Acres

    Property Features for 3016 Lake Shore Dr

    General Information

    Size
    1,400 SF
    Lot size
    0.08 Acres

    Building Details

    Year built
    1965

    Source: Keller Williams Realty Indy Metro Northeast Agent Joseph Vigliano

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Lakefront Condo with Garage

    This remodeled lakefront condo offers new appliances, HVAC system, flooring, and windows. The master bathroom features a walk-in shower with a ceiling-mounted rain shower head. Breathtaking lake views are visible from every room, enhanced by three large sliding glass doors that open onto a four-seasons patio. The unit includes a two-car garage, providing space for vehicles, storage, or hobbies. Located in a well-maintained and secure community, the HOA has invested in upgraded security features, including surveillance cameras. The property offers maintenance-free living by the water. The property size is 1400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Podium Media Media House Jennifer Scott Social Worker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1148706
    Latitude
    39.844804

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    FAQs

    What type of property is this?
    Single family property - Luxurious, remodeled lakefront condo with two-car garage and patio.
    Where is this single family property located?
    The property is located at 3016 Lake Shore Dr, Unit B Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Completely remodeled with all new appliances, HVAC, flooring, and windows.; - **Breathtaking lake views from every room** with three large sliding glass doors.; - Expansive four-seasons patio for year-round enjoyment.
    Request Owner's contact information
    3016 Lake Shore Dr, Unit B Indianapolis, IN 46205
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    Indianapolis, IN 46205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3016 Lake Shore Dr, Unit B Indianapolis, IN 46205
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