NOT LISTED FOR SALE

Lockerbie Terrace 225 N New Jersey St Unit 12 Indianapolis, IN 46204

Market East Neighborhood

Estimated Value: $344,000 - $579,000

2 Beds
2 Baths
1,700 Sq Ft
$528/mo HOA Fee

Last Sold July 19, 2013

Last sale price $275,000 $162 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,621/month

41 Days on Market

About This Home

As of July 2013

Enjoy downtown living in this incredible two bedroom condo! Home features hardwood floors, granite counters tops, cherry cabinets and panoramic windows. Patio is the perfect place to relax and enjoy downtown Indianapolis. Lockerbie Terrace amenities include rooftop terrace, fitness center and executive lobby with soaring ceilings. Just a short walk away from shops, dining, upscale retail and more!

Last Agent to Sell the Property

Noelle Hans-Daniels

The Agency Indy License #RB14039495 Listed on: 05/07/2013

The Agency Indy

Last Buyer's Agent

Joan Lonnemann

F.C. Tucker Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,302

Year Built

  • 2003

Lot Details

  • 1,045

HOA Fees

  • $528 per month

Utilities

  • Cable TV Available

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,302

Year Built

2003

Lot Details

0

HOA Fees

$528 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Floor Number: 1
  • Lifestyles: Flat,Mid Rise/High Rise
  • Unit Entry Level: 1
  • Directions: Meridian to Ohio. East to New Jersey. North one block to building on Southeast corner of New York and New Jersey. Enter building at main entrance, right from lobby to Unit 12.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Subdivision Name: LOCKERBIE TERRACE
  • Special Features: None
  • Year Built: 2003

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
  • Areas Interior: Foyer - 2 Story,Laundry in Unit,Bedroom Other on Main
  • Eating Area: Breakfast Bar,Dining Combo/Great Room,Kitchen Updated,Pantry
  • 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,Main Level,Closet Walk in
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Raised Ceiling(s), Storage, Windows Thermal, Walk-in Closet(s), Wood Work Painted
  • Other Equipment: Elevator Common, Security Alarm Monitored, Smoke Detector

Exterior Features

  • Exterior Features: Driveway Asphalt, Irrigation System
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 1
  • Porch: Covered Patio,Rooftop
  • Construction Type: Cultured Stone
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Electric,Other/See Remarks
  • Garage Parking Description: 1 Car Attached,1 Car Detached
  • Garage Parking Other: Assigned Parking,Assigned Parking Outside,Garage Door Opener,Guest Parking Premises,Heated

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 1
  • Utility Options: Cable Connected
  • Water Heater: Electric
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Condo Description Location: End Unit,Ground Level
  • Condo Type: Horizontal
  • Association Fee: 528
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Heat, Entrance Common, Exercise Room, Insurance, Lawncare, Professional Mgmt, Snow Removal, Trash, Security

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Street Lights,Trees Small
  • Lot Number: 0
  • Lot Size: 0

Tax Info

  • Semi Annual Property Tax Amt: 1651
  • Tax Exemption: HomesteadTaxExemption,OtherTaxExemption/See Remarks
  • Tax Annual Amount: 3302
  • Tax Year: 2012

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2013
Closed on
Aug 6, 2013
Sold by
Miners Randy and Miners Randy
Bought by
Hansberry John
Seller's Agent
Noelle Hans-Daniels
The Agency Indy
Buyer's Agent
Joan Lonnemann
F.C. Tucker Company
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Total Days on Market
41
Current Estimated Value
$418,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,227
Avg. Annual Appreciation
3.59%
Original Mortgage
$220,000
Outstanding Balance
$166,723
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$251,504
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
Hansberry John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansberry John $220,000
Closed Hansberry John $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2013 07/19/13 Sold $275,000 -4.8% $162 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $289,000 -- $170 / 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 $8,955 $371,200 $48,700 $322,500
2023 $8,955 $375,400 $48,700 $326,700
2022 $9,133 $380,700 $48,700 $332,000
2021 $8,100 $349,000 $48,700 $300,300
2020 $7,848 $336,800 $48,700 $288,100
2019 $8,233 $346,700 $48,700 $298,000
2018 $7,797 $325,300 $48,700 $276,600
2017 $6,519 $304,800 $48,700 $256,100
2016 $5,883 $280,900 $48,700 $232,200
2014 $5,937 $274,600 $48,700 $225,900
2013 $3,000 $274,600 $48,700 $225,900
Source: Public Records

Agents Affiliated with this Home

  • Noelle Hans-Daniels

    Seller's Agent in 2013

    Noelle Hans-Daniels

    The Agency Indy

    (317) 506-7090

    66 Total Sales

    Noelle Hans-Daniels
    Section Image

  • J

    Buyer's Agent in 2013

    Joan Lonnemann

    F.C. Tucker Company

    (317) 590-5289

    Joan Lonnemann
    Section Image
See All Agents

About Lockerbie Terrace

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21230720

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-243.011-101

Indiana Marion County Indianapolis 46202 Market East

225 N New Jersey St Unit 12, Indianapolis, IN

This home is located at 225 N New Jersey St Unit 12, Indianapolis, IN 46204 since 07 May 2013 and is currently estimated at $418,227, approximately $246 per square foot. This property was built in 2003. 225 N New Jersey St Unit 12 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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