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7720 N Murphy Road

Brazil, IN 47834

ActiveListed Sep 25, 2026 · 12 days on market

Key facts

Beds
3
Baths
2 full · 5 half
Living area
3,639 sqft
Lot
13.38 acres
Year built
1976
Type
Residential · Single Family Residence
Stories
Two
Garage
4 spaces
MLS #
22127831
County
Clay
Subdivision
No Subdivision

About this home

Introducing Cedar Bay - a premier wedding & event venue on 13.38 acres! This property also features a 3600sqft custom built home with 3 bedrooms, large walk-in closet, 2 full baths, 2 living rooms, family room, sunroom, laundry room, exercise area, wet bar and a recreational area for entertaining. The 45x60 barn is the perfect place for holding receptions or inside weddings. The man cave bar area is the perfect space for reunions or a place to hang out to have a few drinks after the wedding or stop in the silo gazebo bar for some ice cream or a cold drink. The 55x46 attached garage to the house has plenty of room for all your vehicles. Let's not forget the workshop that has additional storage for your lawn equipment and space for a hobby area. There is a new 4 stall bathhouse that beats using the old outhouse like before. Live in the property while hosting events or do Airbnb or rent the entire property for weddings for all of the out-of-town guest to stay. This property has so much to offer on the 13 acres it sits on just right outside city limits in Clay County. Cedar Bay with rustic charm & modern amenities, hosting 200-300 guests with an outdoor ceremony area, reception hall, areas for a bar, outdoor facilities, bar/silo, upstairs sunroom with deck area great for the first look. Outdoor highlights include the 13 acres, multiple cover porches, hot tub, gazebo, outdoor fireplace, multiple RV hookup area, 2 septic systems, city water, and multiple areas that could be expanded for even additional space. The property has 6 electrical panels all on one account so having enough electricity is never an issue. The home with multiple heating and cooling units ensures even temperature control and helpful on the budget only running the equipment that is needed. Though currently a wedding venue, the possibilities for the space are almost endless! Sellers have ranged 10-15 events every year during the spring-fall time period. Rare lifestyle & income opportunity!

Description provided by the listing brokerage.

Interior

Appliances
DryerMicrowaveRefrigeratorWasherWater HeaterWater Softener Owned
Interior features
High Ceilings
Fireplaces
1
Fireplace type
Electric
Laundry
Laundry RoomMain Level
Rooms
9
Main-level bedrooms
2
Condition
New ConstructionUpdated/Remodeled

Exterior

Patio and porch
CoveredDeckPatioPorch
Construction
Aluminum Siding
Foundation
Slab
Parking and garage
Attached
Spa
Heated

Systems

Heating
DualElectricGas
Cooling
Central AirDuctless
Water
Public

Schools

Middle school
North Clay Middle School
School district
Clay Community Schools

Taxes

Estimated annual tax
$2,496 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$5,060per month, estimated
Principal and interest $4,537Property tax $208Insurance $315
20% · $180,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$900,000
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