NOT LISTED FOR SALE

Lockerbie Terrace 225 N New Jersey St Unit 22 Indianapolis, IN 46204

Market East Neighborhood

Estimated Value: $387,000 - $553,762

2 Beds
2 Baths
1,700 Sq Ft
1,015 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $499,900 $294 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,967/month

4 Days on Market

Highlights

  • Contemporary Architecture
  • Double Oven
  • Walk-In Closet
  • Wood Flooring
  • 1 Car Attached Garage
  • 3-minute walk to Indianapolis Cultural Trail

About This Home

As of August 2020

Wonderfully updated Downtown condo offering beautiful views of the Indianapolis Skyline and amazing Sunsets. Located in a quiet Building with walk-ability to all things Downtown and Mass Ave. Boldly stated custom Kitchen remodel features Amish Cabinets, Thermador appliances and a built in 78 X 74 inch Center Island that doubles as a Dining Room Table with an additional raised granite topped Serving area. Nice sized Windows integrate the Interior of property with the Outdoor Living space & City views. Both Bathrooms & Laundry Room have also been updated. Residents enjoy a Roof Top Deck and Fitness Center. This unit comes with a Garage Parking space + 2nd parking spot in private, secured Lot. Turn Key property ready for new owner.

Last Agent to Sell the Property

Paul Bates

F.C. Tucker Company License #RB14042808 Listed on: 07/16/2020

F.C. Tucker Company

Last Buyer's Agent

Kate Flock

Flock Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,770

Year Built

  • Built in 2003

Lot Details

  • 1,015

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Wood Flooring

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Association fees include home owners, insurance, ground maintenance, management, snow removal
  • Mid-Rise Condominium
  • Lockerbie Terrace Subdivision
  • Property managed by Meridian Management
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 491101240243016101

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,770

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Accessibility Features: Elevator
  • Tax Year: 2019
  • Year Built: 2003
  • Garage Y N: Yes
  • Lot Size Acres: 0.0233
  • Subdivision Name: LOCKERBIE TERRACE
  • Inspection Warranties: Not Applicable
  • Property Description: Wonderfully updated Downtown condo offering beautiful views of the Indianapolis Skyline and amazing Sunsets. Located in a quiet Building with walk-ability to all things Downtown and Mass Ave. Boldly stated custom Kitchen remodel features Amish Cabinets, Thermador appliances and a built in 78 X 74 inch Center Island that doubles as a Dining Room Table with an additional raised granite topped Serving area. Nice sized Windows integrate the Interior of property with the Outdoor Living space & City views. Both Bathrooms & Laundry Room have also been updated. Residents enjoy a Roof Top Deck and Fitness Center. This unit comes with a Garage Parking space + 2nd parking spot in private, secured Lot. Turn Key property ready for new owner.
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Floor Number: 2
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 2
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, Oven, Double Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closet(s), Hardwood Floors
  • Living Area: 1700
  • Other Equipment: Water-Softener Owned
  • Room Count: 5
  • Areas Interior: Foyer Small,Laundry Room Main Level
  • Eating Area: Dining Combo/Great Room
  • 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,Tub Garden
  • Total Sq Ft: 1700
  • Kitchen Features: Center Island,Kitchen Updated,Pantry

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • List Price: 499900
  • Association Maintained Building Exterior: 1
  • Porch: Covered Porch,Rooftop

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Assigned Parking,Assigned Parking Outside,Guest Street Parking

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: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Meridian Management
  • Management Company Phone: 317-262-4989
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Common Entry
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Association Home Owners, Insurance, Insurance, Maintenance Grounds, Management, Snow Removal
  • Mandatory Fee: 708

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240243016101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 0
  • Lot Size: 1,015

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4770
  • Semi Annual Property Tax Amt: 2385
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 31, 2020
Sold by
Efthimiou Nicholas and Efthimiou Anna
Bought by
Khalil Michael O
Seller's Agent
Paul Bates
F.C. Tucker Company
Buyer's Agent
Kate Flock
Flock Realty, Inc.
List Price
$499,900
Sold Price
$499,900
Total Days on Market
4
Current Estimated Value
$470,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,459
Avg. Annual Appreciation
-1.27%
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
Khalil Michael O $499,900 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Efthimiou Nicholas $283,000
Previous Owner Efthimiou Anna M $209,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $499,900 0.0% $294 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $499,900 -- $294 / 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 $5,640 $465,900 $48,100 $417,800
2023 $5,640 $465,700 $48,100 $417,600
2022 $5,836 $472,500 $48,100 $424,400
2021 $5,192 $436,200 $48,100 $388,100
2020 $4,579 $384,300 $48,100 $336,200
2019 $4,818 $395,800 $48,100 $347,700
2018 $4,554 $370,800 $48,100 $322,700
2017 $3,754 $346,900 $48,100 $298,800
2016 $3,372 $319,000 $48,100 $270,900
2014 $3,382 $311,600 $48,100 $263,500
2013 $3,404 $311,600 $48,100 $263,500
Source: Public Records

Agents Affiliated with this Home

  • Paul Bates

    Seller's Agent in 2020

    Paul Bates

    F.C. Tucker Company

    (317) 315-9860

    1 in this area

    187 Total Sales

    Paul Bates
    Section Image
  • Kate Flock

    Buyer's Agent in 2020

    Kate Flock

    Flock Realty, Inc.

    (317) 258-8631

    3 in this area

    39 Total Sales

    Section Image
See All Agents

About Lockerbie Terrace

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21723629

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-243.016-101

Indiana Marion County Indianapolis 46202 Market East

225 N New Jersey St Unit 22, Indianapolis, IN

This home is located at 225 N New Jersey St Unit 22, Indianapolis, IN 46204 since 16 July 2020 and is currently estimated at $470,441, approximately $276 per square foot. This property was built in 2003. 225 N New Jersey St Unit 22 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).

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