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The Packard

The Packard

The Packard
Condominium Building Complex
450 E Ohio St,
Indianapolis, IN 46204
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

62 Units
4 Stories
2004 Year Built
$247K - $562K Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Gated Community
  • Balcony
  • 1 - 2 Garage Spaces Per Unit
  • 24 Hour Access
  • Laundry Room
  • 3 min walk to Indianapolis Cultural Trail

Urban living in the heart of Market East

The Packard, a four-story condominium complex in downtown Indianapolis, offers a blend of modern living and urban convenience. Completed in 2004, this 62-unit building stands in the revitalized Market East District. Located just blocks from Monument Circle, The Packard provides residents with easy access to the vibrant cultural and commercial heart of the city. The building offers contemporary comforts for its residents in this dynamic urban setting.

Versatile layouts with upscale finishes

The Packard offers a range of floor plans to suit various lifestyles, from cozy one-bedroom units to spacious two-bedroom homes. The one-bedroom layouts span from 912 to 928 square feet, featuring one to one-and-a-half bathrooms, with sale prices ranging from $259,000 to $260,000. For those seeking more space, two-bedroom units range from 928 to 1,952 square feet, offering one to two-and-a-half bathrooms, and are priced between $315,000 and $399,000. Many units feature hardwood floors in the living areas, adding warmth and elegance to the space. The kitchens are often equipped with stainless steel appliances, granite countertops, and ample cabinetry, perfect for both everyday meals and entertaining. Some units include gas fireplaces, adding a cozy touch to the living rooms. Large windows in the living areas and bedrooms offer views of the downtown skyline or the building's serene courtyard. Master suites in the larger units may include walk-in closets and ensuite bathrooms with garden tubs and separate showers. Some of the top-floor units boast private rooftop terraces, complete with grills and refrigerators, providing an exceptional outdoor living experience with panoramic city views. Monthly HOA fees range from $300 to $500, covering a comprehensive list of services including water, gas, sewer, trash removal, building insurance, ground maintenance, structural maintenance, management, security, and snow removal. This all-inclusive fee structure allows residents to enjoy a worry-free lifestyle in their urban oasis.

Thoughtful amenities for comfortable city living

The Packard offers a range of amenities designed to enhance the urban living experience. At the heart of the complex is a beautifully landscaped courtyard, providing a tranquil retreat from the bustling city streets. This shared outdoor space serves as a gathering spot for residents, perfect for relaxation or socializing with neighbors. Security is a top priority at The Packard. The building features a secure entrance with a state-of-the-art security system, providing peace of mind for residents. Cameras installed in the garage add an extra layer of protection for vehicles and personal property. For those who own cars, The Packard offers the convenience of secure garage parking. Many units come with two assigned parking spots, a rarity in downtown living that adds significant value for residents. The heated garage ensures comfort during the colder months and protects vehicles year-round. Elevators service all floors, making it easy for residents and their guests to access units. The building also provides private storage units, offering additional space for residents to keep seasonal items or bulky possessions out of their living areas. One of The Packard's standout features is the rooftop terrace. This shared space comes equipped with grills and refrigerators, allowing residents to host gatherings while enjoying panoramic views of the Indianapolis skyline. It's an ideal spot for summer barbecues or watching fireworks displays over the city. Inside the units, residents enjoy the convenience of in-unit laundry facilities, eliminating the need for trips to a laundromat or shared laundry room. High ceilings throughout the units create a sense of spaciousness, while private balconies in many apartments offer personal outdoor retreats. The building's 24-hour access ensures that residents can come and go as they please, accommodating various work schedules and lifestyles. Air conditioning in all units provides comfort during Indiana's warm summers, while gas fireplaces in many apartments offer a cozy atmosphere during cooler months. With its thoughtful blend of security, convenience, and comfort, The Packard's amenities create an environment that supports and enhances the urban lifestyle of its residents.

A vibrant district rich in culture and convenience

The Packard is situated in the heart of the Market East District, one of Indianapolis's most dynamic neighborhoods. This area, established as an official cultural district in 2014, has a rich history dating back to the 1800s and continues to evolve as a hub of urban activity. Just steps from The Packard, residents find themselves immersed in a world of culinary delights and shopping experiences. Whole Foods Market, located a mere five-minute walk away, provides easy access to organic groceries and prepared foods. For those seeking a more traditional grocery experience, Needler's Fresh Market is just a 10-minute stroll from the building. The neighborhood is a food lover's paradise, with a diverse array of dining options within easy reach. Shake Shack, known for its gourmet takes on fast-food classics, is less than a half-mile away. For those craving Cajun flavors, Yats offers hearty plates of New Orleans cuisine just a short walk from The Packard. Shopping enthusiasts will appreciate the proximity to Circle Centre Mall, a multi-level shopping center featuring nationally known retailers, a food court, and a movie theater, all within a 15-minute walk. The famous Mass Avenue, or "Mass Ave" as locals call it, is also nearby, offering a vibrant strip of boutique shops, theaters, and art galleries. Cultural attractions abound in the area. The Indianapolis Cultural Trail, a world-class urban bike and pedestrian path, runs through the neighborhood, connecting The Packard to six cultural districts throughout the city. This trail is perfect for leisurely walks, bike rides, or runs, offering a unique way to explore the city. For those who enjoy outdoor recreation, several parks are within easy reach. University Park, a 10-minute walk from The Packard, provides a green oasis in the urban landscape. Highland Park, slightly further but still within walking distance, offers additional outdoor space for relaxation or exercise. Sports fans will appreciate the proximity to major venues. Gainbridge Fieldhouse, home to the Indiana Pacers, and Lucas Oil Stadium, where the Indianapolis Colts play, are both about a mile away. The energy on game days is palpable throughout the neighborhood, adding to the exciting urban atmosphere. The Original Farmers' Market, held from May through October at nearby Monument Circle, keeps the Indianapolis tradition of farm-to-city produce alive. This weekly event offers fresh, seasonal produce, artisanal foods, and a chance to connect with local farmers and producers. With its mix of modern amenities and historic charm, the Market East District provides residents of The Packard with a truly dynamic urban living experience, where culture, convenience, and community converge.

Effortless connectivity in a highly walkable locale

The Packard's location in the Market East District offers residents exceptional transportation options, making it easy to navigate both the immediate neighborhood and the greater Indianapolis area. For those who prefer to walk, The Packard's location is ideal. The neighborhood boasts an extremely high walkability, with numerous amenities, restaurants, and attractions within easy strolling distance. The Indianapolis Cultural Trail, a pedestrian and bike-friendly path, runs through the area, providing a safe and scenic route for walkers and cyclists alike. Cycling enthusiasts will find the area particularly accommodating. The neighborhood's extensive network of bike lanes and the proximity to the Cultural Trail make it easy and safe to explore the city on two wheels. Several bike share stations are located nearby, offering a convenient option for those who don't own a bicycle. Public transportation is readily available for those venturing further afield. The Ohio St & Cleveland St bus stop is just a minute's walk from The Packard, serving the East 16th St and East 21st St lines. Another nearby stop at East St & New York St, less than five minutes away on foot, provides access to additional routes including the Michigan Street line. For longer trips or travel outside the city, the Indianapolis International Airport is approximately 14 miles away, typically reachable in about 25 minutes by car. The proximity to major thoroughfares like I-65 and I-70 makes it easy to access other parts of the city and beyond. Those who own cars will appreciate the convenience of secure, heated garage parking at The Packard. Many units come with two assigned parking spots, a valuable amenity in an urban setting. This feature, combined with the building's central location, provides flexibility for residents who need to commute or frequently travel outside the immediate area. The Julia Carson Transit Center, the city's main hub for public transportation, is located in the Market East District, providing expanded options for bus travel throughout Indianapolis. This centralized location makes it easy for residents to access various parts of the city without relying on a personal vehicle. Whether on foot, by bike, via public transit, or by car, residents of The Packard enjoy a high degree of mobility and connectivity, enhancing the overall urban living experience in this dynamic part of Indianapolis.

Available Units

No units matching this criteria are available right now.

Building Details

Amenities

  • Recreation Room
  • 24 Hour Access
  • Gated Community

Parking

  • 1 - 2 Garage Spaces Per Unit
  • 1 Car Attached Garage
  • Assigned Parking

Condo Association

  • $424 Monthly HOA Fees
  • Monthly HOA Fees Range from $238 - $573
  • Association fees include home owners, maintenance structure
  • Association Phone (317) 262-4989
  • Packard Subdivision
  • Property managed by PMI Meridian

Building Design

  • Mid-Rise Condominium

Unit Features

  • Laundry Room
  • Balcony

Activity

Views

16

Unit Information By Building

Beds
2 Beds
2 Beds
2 Beds
Baths
2 Baths
2.5 Baths
2 Baths
Sq Ft
1,219
1,711
1,263
Price
$294,900
$415,000
$335,000
Price / Sq Ft
$242 / Sq Ft
$243 / Sq Ft
$265 / Sq Ft
List Date
01/23/2025
02/11/2025
05/28/2025

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
912 - 928
Est. Values
$247,139 - $288,499
2 Bedroom Units
Sq Ft Range
928 - 1,952
Est. Values
$276,615 - $561,559

Map

Area Factors

High Crime

Crime Score®

10 / 10

Biker's Paradise

Bike Score®

97 / 100

Walker's Paradise

Walk Score®

93 / 100

Good Transit

Transit Score®

66 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

69 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$229K - $492K
Range of Taxes in Building
$2,916 - $8,424
Range of Taxes per Sq Ft
$2.81 - $6.39

Property Tax History

Source: Public Records

Building Website

Building Team

Developer
Kosene & Kosene
Architect
Weaver Sherman Design
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.