NOT LISTED FOR SALE

Lockerbie Terrace 225 N New Jersey St Unit 24 Indianapolis, IN 46204

Market East Neighborhood

Estimated Value: $258,918 - $349,000

1 Bed
1 Bath
1,010 Sq Ft
$300/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $218,000 $216 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,906/month

86 Days on Market

Highlights

  • Rooftop Deck
  • 1-Story Property
  • 3-minute walk to Indianapolis Cultural Trail
  • Contemporary Architecture
  • Forced Air Heating and Cooling System

About This Home

As of September 2019

Located in the heart of Downtown, this prestigious Lockerbie Terrace condo offers an updated kitchen w/dark cherry cabinets, Corian counters, stainless steel appliances, pantry, and large breakfast bar. High ceilings, beautiful hardwood floors in the kitchen, living room, & eat in area. Updated bathroom and spacious bedroom w/large walk in closet. Laundry/storage area as well. Walking distance to shopping, restaurants, grocery and just South of Mass Ave!! Gorgeous community rooftop access offers beautiful views of Downtown! Convenient workout facility, secured lobby and 2 gated & assigned parking spots.

Last Agent to Sell the Property

Brian Rule

F.C. Tucker Company License #RB14040031 Listed on: 05/15/2019

F.C. Tucker Company

Co-Listed By

Amanda Strattman

F.C. Tucker Company License #RB14041860

Last Buyer's Agent

Douglas Dilling

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $2,286

Year Built

  • Built in 2004

Lot Details

  • 610

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Rooftop Deck
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include entrance private exercise room insurance maintenance structure management snow removal trash
  • Mid-Rise Condominium
  • Lockerbie Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491101240243005101

Property Details

Home Type

Co-Op

Est. Annual Taxes

$2,286

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 2004
  • Co List Office Phone: 317-849-5050
  • Garage Y N: No
  • Subdivision Name: LOCKERBIE TERRACE
  • Inspection Warranties: Not Applicable
  • Property Description: Located in the heart of Downtown, this prestigious Lockerbie Terrace condo offers an updated kitchen w/dark cherry cabinets, Corian counters, stainless steel appliances, pantry, and large breakfast bar. High ceilings, beautiful hardwood floors in the kitchen, living room, & eat in area. Updated bathroom and spacious bedroom w/large walk in closet. Laundry/storage area as well. Walking distance to shopping, restaurants, grocery and just South of Mass Ave!! Gorgeous community rooftop access offers beautiful views of Downtown! Convenient workout facility, secured lobby and 2 gated & assigned parking spots.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: -2
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 24
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Disposal,MicroHood,Electric Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Ceiling Raised,Walk-in Closet(s),Hardwood Floors
  • Living Area: 1010
  • Other Equipment: Elevator Common,Security Alarm Monitored
  • Room Count: 4
  • Areas Interior: Laundry in Unit,Laundry Room Main Level
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1010
  • Main Level Sq Ft: 1010
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,TubFull with Shower,Tub Garden
  • Total Sq Ft: 1010
  • Kitchen Features: Breakfast Bar,Pantry WalkIn
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • List Price: 224900
  • Association Maintained Building Exterior: 1
  • Porch: Rooftop

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: Other
  • Garage Parking Other: Assigned Parking Outside

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
  • Management Company Name: HOA
  • Condo Description Location: Building Private Entry
  • Condo Type: Co-op

Fee Information

  • Association Fee Includes: Entrance Private,Exercise Room,Insurance,Maintenance Structure,Management,Snow Removal,Trash
  • Mandatory Fee: 425

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240243005101
  • Acres: CndHPRCoop
  • Lot Number: 0
  • Lot Size: Condo

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2286
  • Semi Annual Property Tax Amt: 1143
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Sep 20, 2019
Sold by
Steele Margaret Ann
Bought by
Wekluk John
Seller's Agent
Brian Rule
F.C. Tucker Company
Buyer's Agent
Douglas Dilling
List Price
$229,900
Sold Price
$218,000
Premium/Discount to List
-$11,900
-5.18%
Current Estimated Value
$302,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,980
Avg. Annual Appreciation
5.82%
Original Mortgage
$188,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2016
Closed on
Apr 7, 2017
Sold by
Spears Kathleen N
Bought by
Steele Margaret Ann
Seller's Agent
Christy Corey
Dropped Members
Buyer's Agent
Brian Rule
F.C. Tucker Company
List Price
$229,900
Sold Price
$212,500
Premium/Discount to List
-$17,400
-7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%
Original Mortgage
$180,625
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2009
Sold by
Jay Jacqueline H
Bought by
Spears Kathleen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
5.32%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2007
Sold by
Ameriquest Funding Ii Reo
Bought by
Jay Jacquelinme H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Wekluk John $218,000 Meridian Title Corporation
Steele Margaret Ann -- --
Spears Kathleen N -- None Available
Jay Jacquelinme H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wekluk John $190,000
Closed Wekluk John $188,000
Previous Owner Steele Margaret Ann $180,625
Previous Owner Spears Kathleen N $147,283
Previous Owner Jay Jacquelinme H $126,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $218,000 -3.1% $216 / Sq Ft
08/10/2019 08/10/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $224,900 -2.2% $223 / Sq Ft
05/15/2019 05/15/19 For Sale $229,900 +8.2% $228 / Sq Ft
04/07/2017 04/07/17 Sold $212,500 -3.4% $210 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
11/04/2016 11/04/16 Price Changed $219,900 -4.3% $218 / Sq Ft
10/06/2016 10/06/16 For Sale $229,900 -- $228 / 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 $2,792 $230,300 $28,900 $201,400
2023 $2,792 $232,900 $28,900 $204,000
2022 $2,881 $236,200 $28,900 $207,300
2021 $2,543 $216,100 $28,900 $187,200
2020 $2,460 $208,500 $28,900 $179,600
2019 $2,468 $204,600 $28,900 $175,700
2018 $2,333 $192,000 $28,900 $163,100
2017 $1,955 $180,000 $28,900 $151,100
2016 $1,766 $165,900 $28,900 $137,000
2014 $1,729 $161,100 $28,900 $132,200
2013 $1,744 $161,100 $28,900 $132,200
Source: Public Records

Agents Affiliated with this Home

  • Brian Rule

    Seller's Agent in 2019

    Brian Rule

    F.C. Tucker Company

    (317) 362-9094

    1 in this area

    60 Total Sales

    Brian Rule
    Section Image
  • Amanda Strattman

    Seller Co-Listing Agent in 2019

    Amanda Strattman

    F.C. Tucker Company

    (317) 259-6000

    21 Total Sales

    Amanda Strattman
    Section Image

  • D

    Buyer's Agent in 2019

    Douglas Dilling

  • D

    Buyer's Agent in 2019

    Doug Dilling

    United Real Estate Indpls

    Section Image

  • B

    Buyer Co-Listing Agent in 2019

    Bethany Schultz

    United Real Estate Indpls

    Section Image

  • C

    Seller's Agent in 2017

    Christy Corey

    Dropped Members

See All Agents

About Lockerbie Terrace

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21640544

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-243.005-101

Indiana Marion County Indianapolis 46202 Market East

225 N New Jersey St Unit 24, Indianapolis, IN

This home is located at 225 N New Jersey St Unit 24, Indianapolis, IN 46204 since 15 May 2019 and is currently estimated at $302,980, approximately $299 per square foot. This property was built in 2004. 225 N New Jersey St Unit 24 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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