NOT LISTED FOR SALE

Estimated Value: $409,469 - $1,242,000

2 Beds
2 Baths
1,700 Sq Ft
610 Sq Ft Lot

Last Sold June 08, 2018

Last sale price $356,500 $210 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,414/month

9 Days on Market

Highlights

  • Vaulted Ceiling
  • Intercom
  • Garage
  • Elevator
  • Forced Air Heating and Cooling System
  • Multiple Phone Lines

About This Home

As of June 2018

Exciting opportunity to own a beautiful condo in the middle of all that downtown Indy has to offer! There's little you can’t walk to if you're after the ultimate downtown lifestyle & experience. Unit offers an open layout with fantastic architectural details, all new paint, newer DW, high ceilings, exposed brick/ductwork/wood beams & columns, stainless steel appliances, solid surface countertops, large storage room, views of Indy landmarks, & valet parking if you choose. Valet parking is an add’l cost. See agent for details. Water & gas in HOA dues. Reasonable HOA dues for historic bldg, significant recent bldg updates, & no special assessments on the horizon! Make sure to check status of assessments for other bldgs you're considering!

Last Agent to Sell the Property

Sean McDuffee

Coldwell Banker - Kaiser License #RB14041869 Listed on: 04/18/2018

Coldwell Banker - Kaiser

Last Buyer's Agent

Sean McDuffee

Coldwell Banker - Kaiser License #RB14041869 Listed on: 04/18/2018

Coldwell Banker - Kaiser

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,046

Year Built

  • Built in 2005

Lot Details

  • 610

Parking

  • Garage

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,700 Sq Ft Home
  • Vaulted Ceiling
  • Intercom

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Multiple Phone Lines

Listing and Financial Details

  • Security Deposit $2,100
  • Tenant pays for cable TV, electricity, insurance
  • The owner pays for dues mandatory, gas, ho fee, insurance, taxes, sewer, trash collection, water
  • Assessor Parcel Number 491101238009008101

Community Details

Overview

  • Association fees include insurance, maintenance, professional mgmt
  • Meridian Lofts Subdivision
  • Property managed by Sentri

Amenities

  • Elevator

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,046

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemp
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 2005
  • Garage Y N: Yes
  • Subdivision Name: MERIDIAN LOFTS
  • Inspection Warranties: Not Applicable
  • Property Description: Exciting opportunity to own a beautiful condo in the middle of all that downtown Indy has to offer! There's little you can’t walk to if you're after the ultimate downtown lifestyle & experience. Unit offers an open layout with fantastic architectural details, all new paint, newer DW, high ceilings, exposed brick/ductwork/wood beams & columns, stainless steel appliances, solid surface countertops, large storage room, views of Indy landmarks, & valet parking if you choose. Valet parking is an add’l cost. See agent for details. Water & gas in HOA dues. Reasonable HOA dues for historic bldg, significant recent bldg updates, & no special assessments on the horizon! Make sure to check status of assessments for other bldgs you're considering!
  • Transaction Type: Sale
  • Floor Number: 3F
  • Lifestyles: Loft
  • Unit Entry Level: 1
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, MicroHood, Gas Oven, Refrigerator, Washer
  • Levels: 1 Leveland + Loft
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Raised Ceiling(s)
  • Living Area: 1700
  • Other Equipment: Elevator Common, Intercom, Multiple Phone Lines
  • Owner Pays: Dues Mandatory, Gas, HO Association Fee, Insurance, Taxes, Sewer, Trash Collection, Water
  • Room Count: 6
  • Areas Interior: Bath Sinks Dbl Main,Foyer Large,Laundry Room Main Level
  • Eating Area: Breakfast Bar,Center Island,Dining Combo/Great Room,Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1700
  • Main Level Sq Ft: 1700
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Sinks Double,Tub Full with Separate Shower
  • Total Sq Ft: 1700
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • List Price: 379900
  • Association Maintained Building Exterior: 1

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Detached
  • Garage Parking Other: Assigned Parking,Parking-Valet

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Pets Allowed: W/Approval
  • Management Company Name: Sentri
  • Condo Description Location: End Unit,Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Maintenance, Professional Mgmt, Other, See Remarks
  • Mandatory Fee: 435

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101238009008101
  • Acres: CndHPRCoop
  • Lot Number: 3F
  • Lot Size: 0.01 AC

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance
  • Min Lease Req: 12
  • Security Deposit: 2100
  • Smoking: 0

Tax Info

  • Tax Annual Amount: 3046
  • Semi Annual Property Tax Amt: 1523
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jun 8, 2018
Sold by
Hopkins Jake W
Seller's Agent
Sean McDuffee
Coldwell Banker - Kaiser
Buyer's Agent
Sean McDuffee
Coldwell Banker - Kaiser
List Price
$379,900
Sold Price
$356,500
Premium/Discount to List
-$23,400
-6.16%
Current Estimated Value
$672,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,117
Avg. Annual Appreciation
9.05%

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jun 7, 2016
Sold by
Bozell Ryan J
Bought by
Hopkins Jake W
Seller's Agent
Rachael Phillips
In-Site Real Estate Services
Buyer's Agent
Sean McDuffee
Coldwell Banker - Kaiser
List Price
$335,000
Sold Price
$330,000
Premium/Discount to List
-$5,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$264,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 29, 2011
Sold by
Franzel Scott F
Bought by
Bozell Ryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,350
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2006
Sold by
Cdd Holdoings Llc
Bought by
Franzel Scott F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
6.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
-- $356,500 --
B3l Llc $356,500 First American Title
Hopkins Jake W -- First American Title
Bozell Ryan J -- None Available
Franzel Scott F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hopkins Jake W $264,000
Previous Owner Bozell Ryan J $181,350
Previous Owner Franzel Scott F $44,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2018 06/08/18 Sold $356,500 -6.2% $210 / Sq Ft
04/28/2018 04/28/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $379,900 +15.1% $223 / Sq Ft
06/07/2016 06/07/16 Sold $330,000 0.0% $194 / Sq Ft View Prior Sale
05/02/2016 05/02/16 Pending -- -- --
05/02/2016 05/02/16 Off Market $330,000 -- --
04/29/2016 04/29/16 For Sale $335,000 0.0% $197 / Sq Ft
05/19/2015 05/19/15 Rented $2,100 0.0% --
05/03/2015 05/03/15 Under Contract -- -- --
04/29/2015 04/29/15 For Rent $2,100 -- --
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 $10,004 $419,600 $86,600 $333,000
2023 $10,004 $419,600 $86,600 $333,000
2022 $9,843 $414,800 $86,600 $328,200
2021 $9,286 $400,400 $86,600 $313,800
2020 $9,444 $405,700 $86,600 $319,100
2019 $8,757 $368,900 $86,600 $282,300
2018 $3,925 $317,900 $86,600 $231,300
2017 $3,331 $307,400 $86,600 $220,800
2016 $3,093 $292,200 $86,600 $205,600
2014 $3,340 $307,800 $86,600 $221,200
2013 $2,905 $279,200 $36,500 $242,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21555664

MIBOR Broker Listing Cooperative®

APN: 49-11-01-238-009.008-101