NOT LISTED FOR SALE

Lockerbie Terrace 225 N New Jersey St Unit 13 Indianapolis, IN 46204

Market East Neighborhood

Estimated Value: $319,000 - $352,000

2 Beds
2 Baths
1,377 Sq Ft
436 Sq Ft Lot

Last Sold June 17, 2014

Last sale price $265,000 $192 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,400/month

97 Days on Market

Highlights

  • Vaulted Ceiling
  • Balcony
  • Intercom
  • Elevator
  • Thermal Windows
  • 3-minute walk to Indianapolis Cultural Trail

About This Home

As of June 2014

Gorgeous downtown main floor condo in the HEART OF LOCKERBIE...This stylish condo features floor-to-ceiling windows boasting natural sunlight. The HIGH-END kitchen features stainless-steel appliances, granite countertops and beautiful cabinets. All light switches are computer controlled. 2 parking spaces! 2 elevators plus a separate service elevator, resident fitness center, secured entry, ATD cameras. Roof-Top Deck all included . Move-in-ready for all the joy of downtown living!

Last Agent to Sell the Property

Brian Ferguson

Doc Real Estate, Inc License #RB14034094 Listed on: 03/10/2014

Last Buyer's Agent

Christopher Jones

Keller Williams Indy

Keller Williams Indy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,532

Year Built

  • Built in 2003

Lot Details

  • 436

Home Design

  • Entry on the 1st floor
  • Brick Foundation
  • Stone

Interior Spaces

  • 1,377 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Thermal Windows

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Intercom

Additional Features

  • Handicap Accessible
  • Balcony
  • Sprinkler System
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 491101240243001101

Community Details

Overview

  • Association fees include exercise room, insurance, lawncare, snow removal, trash
  • Mid-Rise Condominium
  • Lockerbie Terrace Subdivision

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,532

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemp
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 2003
  • Garage Y N: No
  • Lot Size Acres: 0.01
  • Subdivision Name: LOCKERBIE TERRACE
  • Inspection Warranties: Not Applicable
  • Property Description: Gorgeous downtown main floor condo in the HEART OF LOCKERBIE...This stylish condo features floor-to-ceiling windows boasting natural sunlight. The HIGH-END kitchen features stainless-steel appliances, granite countertops and beautiful cabinets. All light switches are computer controlled. 2 parking spaces! 2 elevators plus a separate service elevator, resident fitness center, secured entry, ATD cameras. Roof-Top Deck all included . Move-in-ready for all the joy of downtown living!
  • Transaction Type: Sale
  • Floor Number: 1
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Raised Ceiling(s), Windows Thermal, Walk-in Closet(s), Wood Work Painted
  • Living Area: 1377
  • Other Equipment: Elevator Common, Intercom, Security Alarm Paid, Smoke Detector
  • Room Count: 6
  • Areas Interior: Foyer Large,Laundry Room Main Level
  • Eating Area: Breakfast Bar,Dining Combo/Living Room,Kitchen Updated,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1377
  • Main Level Sq Ft: 0
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Sinks Double,TubFull with Shower,Closet Walk in
  • Total Sq Ft: 1377
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1377
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Exterior Features: Exterior Handicap Accessible, Irrigation System
  • Foundation Details: Brick
  • Association Maintained Building Exterior: 1
  • Porch: Balcony

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: Other
  • Garage Parking Other: Assigned Parking Outside,Guest Street Parking,Keyless Entry

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Condo Description Location: Ground Level

Fee Information

  • Association Fee Includes: Entrance Common, Exercise Room, Insurance, Lawncare, Snow Removal, Trash
  • Mandatory Fee: 428

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240243001101
  • Acres: CndHPRCoop
  • Lot Information: Corner,Gated Community,Sidewalks,Street Lights
  • Lot Number: 0
  • Lot Size: 0.02 AC

Tax Info

  • Tax Annual Amount: 2532
  • Semi Annual Property Tax Amt: 1266
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2014
Closed on
Jun 16, 2014
Sold by
Kinnick Laura and Kinnick Chris
Bought by
Humes Barbara J and Barbara J Humes Trust
Seller's Agent
Brian Ferguson
Doc Real Estate, Inc
Buyer's Agent
Christopher Jones
Keller Williams Indy
List Price
$269,900
Sold Price
$265,000
Premium/Discount to List
-$4,900
-1.82%
Current Estimated Value
$334,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,662
Avg. Annual Appreciation
2.06%

Purchase Details

Closed on
May 14, 2007
Sold by
Judy Neil L and Judy Collen K
Bought by
Kinnick Laura and Kinnick Chris

Purchase Details

Closed on
Mar 21, 2005
Sold by
Bois Daniel J Du and Bois Jessie L Du
Bought by
Judy Neil L and Judy Colleen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,900
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Humes Barbara J -- Fidelity National Title
Kinnick Laura -- None Available
Judy Neil L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Judy Neil L $195,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2014 06/17/14 Sold $265,000 -1.8% $192 / Sq Ft
03/10/2014 03/10/14 For Sale $269,900 -- $196 / 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 $7,594 $314,400 $39,400 $275,000
2023 $7,594 $318,000 $39,400 $278,600
2022 $7,745 $322,500 $39,400 $283,100
2021 $6,887 $296,400 $39,400 $257,000
2020 $6,672 $286,000 $39,400 $246,600
2019 $7,001 $294,500 $39,400 $255,100
2018 $6,628 $276,200 $39,400 $236,800
2017 $5,544 $258,900 $39,400 $219,500
2016 $4,998 $238,300 $39,400 $198,900
2014 $2,514 $232,400 $39,400 $193,000
2013 $2,416 $232,400 $39,400 $193,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Brian Ferguson

    Doc Real Estate, Inc

    (317) 695-4736

    13 Total Sales

    Brian Ferguson
    Section Image

  • C

    Buyer's Agent in 2014

    Christopher Jones

    Keller Williams Indy

    Section Image
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About Lockerbie Terrace

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21278403

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-243.001-101

Indiana Marion County Indianapolis 46202 Market East

225 N New Jersey St Unit 13, Indianapolis, IN

Not Listed for Sale

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