NOT LISTED FOR SALE

1 Virginia Ave Unit 601 Indianapolis, IN 46204

Wholesale District Neighborhood

Estimated Value: $411,000 - $526,000

2 Beds
2 Baths
1,274 Sq Ft
$493/mo HOA Fee

Last Sold May 17, 2019

Last sale price $362,500 $285 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,530/month

97 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Elevator
  • Breakfast Bar
  • Vaulted Ceiling
  • Walk-In Closet
  • 1-Story Property

About This Home

As of May 2019

Want to feel like you live in Manhattan? Check out this high design downtown condo with amazing downtown views & tons of natural light! Two bedrooms, 2 luxurious baths with high ceilings and beautiful finishes! Doesn't get any better. Walk to restaurants, sports events and cultural events, no car needed! Large work out facility in lower level, three elevators for access and amazing finishes. All appliances included. No need to call your decorator, interior is warm and inviting. Located in the heart of downtown, high above Scotty's Brew Pub, Five Guys just outside your front door and Prime 47 Steakhouse around the corner. Parking included in the garage to the south as part of HOA fee. Worth checking out, value packed for the price! EZ show.

Last Agent to Sell the Property

Kate Flock

Flock Realty, Inc. Listed on: 11/30/2018

Last Buyer's Agent

Jodi Gandy

Honor Realty LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1926

Lot Details

  • 741

HOA Fees

  • $493 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,274 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family or Dining Combination
  • Carpet

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 491112102005010101

Community Details

Overview

  • Association fees include builder controls, insurance, maintenance structure, maintenance, trash, sewer
  • Mid-Rise Condominium
  • Allen Plaza Subdivision
  • Property managed by Allen Plaza Commercial Group

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1926

Lot Details

0

HOA Fees

$493 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Mid-Century Modern
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1926
  • Building Area Total: 1274
  • Garage Y N: Yes
  • Subdivision Name: ALLEN PLAZA
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: http://flockrealty.com/property_details.php?id=21609414#m-panel-photos
  • Floor Number: 6
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 6
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Raised Ceiling(s), Walk-in Closet(s)
  • Other Equipment: Elevator Common, Network Ready, Smoke Detector
  • Areas Interior: Foyer Large,Laundry in Unit,Laundry Room Main Level
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1274
  • Main Level Sq Ft: 1274
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full
  • Kitchen Features: Breakfast Bar
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Other
  • Disclosures: Not Applicable
  • Foundation Details: Other
  • List Price: 385000
  • Association Maintained Building Exterior: 1
  • Construction Stage: Completed

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Other
  • Garage Parking Other: Assigned Parking,Storage Area
  • Num Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 493
  • Association Fee Frequency: Monthly
  • Management Company Name: Allen Plaza Commercial Group
  • Management Company Phone: 317-371-4792
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations
  • Condo Description Location: Building Common Entry,Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Builder Controls, Entrance Common, Insurance, Maintenance Structure, Maintenance, Trash, Sewer

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491112102005010101
  • Acres: <1/4 Acre
  • Lot Number: 1105017
  • Lot Size: 1274

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 9300
  • Semi Annual Property Tax Amt: 4650
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2018
Closed on
May 17, 2019
Sold by
Allen Plaza Llc
Bought by
Shah Karan Samir
Seller's Agent
Kate Flock
Flock Realty, Inc.
Buyer's Agent
Jodi Gandy
Honor Realty LLC
List Price
$385,000
Sold Price
$362,500
Premium/Discount to List
-$22,500
-5.84%
Total Days on Market
97
Current Estimated Value
$470,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,911
Avg. Annual Appreciation
4.40%
Original Mortgage
$362,500
Interest Rate
4.1%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 2, 2015
Sold by
Poortinga Kevin E
Bought by
Khan Angela T

Purchase Details

Closed on
Apr 17, 2014
Sold by
Jefferson Plaza Llc
Bought by
Allen Plaza Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shah Karan Samir $362,500 Chicago Title Company, Llc
Khan Angela T -- Chicago Title Company Llc
Allen Plaza Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Karan Samir $362,000
Closed Shah Karan Samir $362,500
Previous Owner Allen Plaza Llc $3,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $362,500 -5.8% $285 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
11/30/2018 11/30/18 For Sale $385,000 -- $302 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,754 $387,100 $25,700 $361,400
2023 $4,754 $393,300 $25,700 $367,600
2022 $4,800 $393,300 $25,700 $367,600
2021 $4,236 $356,500 $23,300 $333,200
2020 $4,490 $376,200 $23,300 $352,900
2019 $4,820 $395,100 $23,300 $371,800
2018 $9,300 $388,400 $23,300 $365,100
2017 $7,947 $372,100 $23,300 $348,800
2016 $7,400 $354,600 $19,800 $334,800
2014 $8,194 $379,000 $41,700 $337,300
2013 $6,071 $292,000 $41,700 $250,300
Source: Public Records

Agents Affiliated with this Home

  • Kate Flock

    Seller's Agent in 2019

    Kate Flock

    Flock Realty, Inc.

    (317) 258-8631

    1 in this area

    39 Total Sales

    Section Image
  • Jodi Gandy

    Buyer's Agent in 2019

    Jodi Gandy

    Honor Realty LLC

    (317) 340-8839

    368 Total Sales

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21609414

MIBOR Broker Listing Cooperative®

APN: 49-11-01-102-018.000-101

Indiana Marion County Indianapolis 46204 Wholesale District

1 Virginia Ave Unit 601, Indianapolis, IN

This home is located at 1 Virginia Ave Unit 601, Indianapolis, IN 46204 since 30 November 2018 and is currently estimated at $470,411, approximately $369 per square foot. This property was built in 1926. 1 Virginia Ave Unit 601 is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School (9-12).

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 to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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