NOT LISTED FOR SALE

1 Virginia Ave Unit 706 Indianapolis, IN 46204

Wholesale District Neighborhood

Estimated Value: $352,595 - $442,000

1 Bed
1 Bath
886 Sq Ft
4,356 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $270,000 $305 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,395/month

167 Days on Market

Highlights

  • 0.1 Acre Lot
  • Elevator
  • Storage
  • Wood Flooring
  • Intercom
  • Kitchen Island

About This Home

As of August 2020

This is URBAN LIVING! Check out this HOT and ready to move-in downtown condo with PRIME LOCATION and SKYLINE VIEWS. 1 bed / 1 bath condo has a wonderful open living space w/beautiful cherry hardwood floors and high ceilings w/ HUGE WINDOW VIEW of the city. Enjoy the gourmet kitchen w/ large center island, pendant lighting and custom cabinets. Master suite has walk-in closet and large updated tile bath. "Off the charts" WALK-ABILITY to the best of downtown Indy - groceries, fine dining, sporting events, entertainment, work, and more. Additional amenities include a deluxe fitness center, bike closet, and additional separate storage unit! Water sewer and parking included in monthly HOA! Schedule your showing today!

Last Agent to Sell the Property

Kyle Williams

Compass Indiana, LLC License #RB14042717 Listed on: 01/31/2020

Compass Indiana, LLC

Last Buyer's Agent

Kristi Duff

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,358

Year Built

  • Built in 1934

Lot Details

  • 4,356

Parking

  • 1 Car Garage

Interior Spaces

  • 886 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Storage
  • Laundry in unit
  • Wood Flooring
  • Intercom

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat

Listing and Financial Details

  • Assessor Parcel Number 491112102005001101

Community Details

Overview

  • Association fees include exercise room, insurance, maintenance structure, management, trash, sewer
  • Allen Plaza Subdivision
  • Property managed by Town Square

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,358

Year Built

Built in 1934

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1934
  • Garage Y N: Yes
  • Lot Size Acres: 0.1
  • Subdivision Name: ALLEN PLAZA
  • Inspection Warranties: General
  • Property Description: This is URBAN LIVING! Check out this HOT and ready to move-in downtown condo with PRIME LOCATION and SKYLINE VIEWS. 1 bed / 1 bath condo has a wonderful open living space w/beautiful cherry hardwood floors and high ceilings w/ HUGE WINDOW VIEW of the city. Enjoy the gourmet kitchen w/ large center island, pendant lighting and custom cabinets. Master suite has walk-in closet and large updated tile bath. "Off the charts" WALK-ABILITY to the best of downtown Indy - groceries, fine dining, sporting events, entertainment, work, and more. Additional amenities include a deluxe fitness center, bike closet, and additional separate storage unit! Water sewer and parking included in monthly HOA! Schedule your showing today!
  • Transaction Type: Sale
  • Floor Number: 7
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Storage
  • Living Area: 886
  • Other Equipment: Elevator Common, Elevator Service, Intercom, Smoke Detector, Programmable Thermostat
  • Room Count: 3
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 886
  • Main Level Sq Ft: 886
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full
  • Total Sq Ft: 886
  • Kitchen Features: Center Island
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Block, Other
  • Disclosures: Not Applicable
  • Foundation Details: Other
  • List Price: 279900
  • Association Maintained Building Exterior: 1

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Other
  • Garage Parking Other: Assigned Parking,Other
  • Garage Sq Ft: 0

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 Frequency: Monthly
  • Management Company Name: Town Square
  • Management Company Phone: 317-875-5600
  • Condo Description Location: Building Common Entry
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Entrance Common, Exercise Room, Insurance, Maintenance Structure, Management, Trash, Sewer
  • Mandatory Fee: 412

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491112102005001101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 706
  • Lot Size: .01

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3358
  • Semi Annual Property Tax Amt: 1679
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Aug 28, 2020
Sold by
Laing Matthew J
Bought by
Brumley Tyler D
Seller's Agent
Kyle Williams
Compass Indiana, LLC
Buyer's Agent
Kristi Duff
F.C. Tucker Company
List Price
$284,900
Sold Price
$270,000
Premium/Discount to List
-$14,900
-5.23%
Total Days on Market
167
Current Estimated Value
$398,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,649
Avg. Annual Appreciation
6.63%
Original Mortgage
$100,000
Outstanding Balance
$89,896
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$276,322

Purchase Details

Closed on
Jan 23, 2015
Sold by
Allen Plaza Llc
Bought by
Laing Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Brumley Tyler D $270,000 Enterprise Title
Laing Matthew J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brumley Tyler D $100,000
Previous Owner Laing Matthew J $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $270,000 -3.5% $305 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $279,900 -1.8% $316 / Sq Ft
01/31/2020 01/31/20 For Sale $284,900 -- $322 / 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 $3,344 $277,800 $25,700 $252,100
2023 $3,344 $282,100 $25,700 $256,400
2022 $3,367 $282,100 $25,700 $256,400
2021 $2,968 $255,700 $23,300 $232,400
2020 $3,145 $269,400 $23,300 $246,100
2019 $3,383 $282,600 $23,300 $259,300
2018 $3,359 $278,000 $23,300 $254,700
2017 $2,842 $266,500 $23,300 $243,200
2016 $2,502 $240,300 $19,800 $220,500
Source: Public Records

Agents Affiliated with this Home

  • Kyle Williams

    Seller's Agent in 2020

    Kyle Williams

    Compass Indiana, LLC

    (317) 445-0701

    1 in this area

    201 Total Sales

    Kyle Williams
    Section Image
  • Kristi Duff

    Buyer's Agent in 2020

    Kristi Duff

    F.C. Tucker Company

    (317) 332-0130

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21692610

MIBOR Broker Listing Cooperative®

APN: 49-11-12-102-005.001-101

Indiana Marion County Indianapolis 46204 Wholesale District

1 Virginia Ave Unit 706, Indianapolis, IN

This home is located at 1 Virginia Ave Unit 706, Indianapolis, IN 46204 since 31 January 2020 and is currently estimated at $398,649, approximately $449 per square foot. This property was built in 1934. 1 Virginia Ave Unit 706 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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