Lockerbie Terrace 225 N New Jersey St Unit 43 Indianapolis, IN 46204
Market East NeighborhoodEstimated Value: $359,000 - $478,000
2
Beds
2
Baths
1,627
Sq Ft
1,002
Sq Ft Lot
Highlights
- Contemporary Architecture
- Elevator
- Intercom
- Vaulted Ceiling
- 1 Car Attached Garage
- 3-minute walk to Indianapolis Cultural Trail
About This Home
As of June 2021Bright, elegant & versatile condo in the iconic Lockerbie Terrace building, just steps from the Mass Ave Arts District! A glittering foyer welcomes you into open-concept living boasting high ceilings, new carpet, & soaring windows w/impressive south-facing views of downtown. Beautifully updated kitchen overlooks dining & living areas w/access to the large private balcony! 2 BD/2BA (each w/ WICs) offers the ideal floorplan for roommates or guests. Enjoy the ease of working from home in the designated office w/ lovely French doors. Take advantage of the private fitness center & huge rooftop deck too! Walk to the grocery store, dry cleaner, park, shopping & entertainment in no time! 2 assigned parking spaces: 1 in garage & 1 in gated lot!
Last Agent to Sell the Property
Maywright Property Co. License #RB14046367 Listed on: 01/20/2021
Last Buyer's Agent
Julianne Deely
Berkshire Hathaway Home
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,328
Year Built
- Built in 2003
Lot Details
- 1,002
Parking
- 1 Car Attached Garage
Home Design
- Contemporary Architecture
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 1,627 Sq Ft Home
- 1-Story Property
- Woodwork
- Vaulted Ceiling
- Aluminum Window Frames
- Combination Kitchen and Dining Room
- Intercom
Kitchen
- Electric Oven
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 491101240243029101
Community Details
Overview
- Association fees include common cooling, exercise room, common heat, insurance, maintenance structure, maintenance, management, snow removal
- Mid-Rise Condominium
- Lockerbie Terrace Subdivision
- Property managed by Community Management Services
Additional Features
- Elevator
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 10, 2022
Sold by
Abraham Philip
Bought by
Abraham Philip Revocable Living Trust
Total Days on Market
121
Current Estimated Value
Purchase Details
Listed on
Jan 20, 2021
Closed on
Jun 15, 2021
Sold by
Mcmahon Vincent J and Mcmahon Maryanne
Bought by
Abraham Philip
Seller's Agent
Chanda Johnson
Maywright Property Co.
Buyer's Agent
Julianne Deely
Berkshire Hathaway Home
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 2, 2013
Closed on
Apr 18, 2014
Sold by
Sampath Hema and Venugopalan Muralidharan
Bought by
Mcmahon Keegan B and Mcmahon Vincent J
Seller's Agent
Joan Lonnemann
F.C. Tucker Company
Buyer's Agent
Kurt Flock
Flock Realty, Inc.
List Price
$295,000
Sold Price
$264,250
Premium/Discount to List
-$30,750
-10.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Purchase Details
Closed on
Dec 6, 2006
Sold by
Rhee Michael
Bought by
Venugopalan Muralidharan and Sampath Hema
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,400
Interest Rate
6.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 17, 2006
Sold by
Rhee Michael
Bought by
Venugopalan Muralidharan and Sampath Hema
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,400
Interest Rate
6.47%
Mortgage Type
New Conventional
Similar Homes in Indianapolis, IN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Abraham Philip Revocable Living Trust | -- | Starbuck Dane | |
| Abraham Philip | $375,000 | Chicago Title | |
| Mcmahon Keegan B | $264,250 | Chicago Title Company Llc | |
| Mcmahon Vincent J | -- | Chicago Title Company Llc | |
| Venugopalan Muralidharan | -- | None Available | |
| Venugopalan Muralidharan | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Abraham Philip | $300,000 | |
| Previous Owner | Venugopalan Muralidharan | $311,400 | |
| Previous Owner | Venugopalan Muralidharan | $311,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2021 06/15/21 | Sold | $375,000 | -3.1% | $230 / Sq Ft |
| 05/21/2021 05/21/21 | Pending | -- | -- | -- |
| 03/09/2021 03/09/21 | Price Changed | $387,000 | -2.0% | $238 / Sq Ft |
| 01/19/2021 01/19/21 | For Sale | $395,000 | +49.5% | $243 / Sq Ft |
| 04/18/2014 04/18/14 | Sold | $264,250 | -3.9% | $162 / Sq Ft |
| 04/01/2014 04/01/14 | Pending | -- | -- | -- |
| 03/18/2014 03/18/14 | Price Changed | $275,000 | -1.8% | $169 / Sq Ft |
| 01/24/2014 01/24/14 | Price Changed | $280,000 | -1.8% | $172 / Sq Ft |
| 12/05/2013 12/05/13 | Price Changed | $285,000 | -0.9% | $175 / Sq Ft |
| 10/26/2013 10/26/13 | Price Changed | $287,500 | -0.9% | $177 / Sq Ft |
| 09/05/2013 09/05/13 | Price Changed | $290,000 | -1.7% | $178 / Sq Ft |
| 08/02/2013 08/02/13 | For Sale | $295,000 | -- | $181 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $4,649 | $380,400 | $46,600 | $333,800 |
| 2023 | $4,649 | $384,700 | $46,600 | $338,100 |
| 2022 | $4,802 | $390,200 | $46,600 | $343,600 |
| 2021 | $4,248 | $357,500 | $46,600 | $310,900 |
| 2020 | $4,066 | $345,000 | $46,600 | $298,400 |
| 2019 | $4,279 | $355,200 | $46,600 | $308,600 |
| 2018 | $4,093 | $333,000 | $46,600 | $286,400 |
| 2017 | $3,379 | $311,800 | $46,600 | $265,200 |
| 2016 | $3,189 | $287,000 | $46,600 | $240,400 |
| 2014 | $3,037 | $280,300 | $46,600 | $233,700 |
| 2013 | $3,061 | $280,300 | $46,600 | $233,700 |
Source: Public Records
Agents Affiliated with this Home
-
Chanda Johnson
Seller's Agent in 2021
Chanda Johnson
Maywright Property Co.
(317) 513-1101
6 in this area
205 Total Sales
-
Buyer's Agent in 2021
Julianne Deely
Berkshire Hathaway Home
(317) 414-6172
1 in this area
94 Total Sales
-
Joan Lonnemann
J
Seller's Agent in 2014
Joan Lonnemann
F.C. Tucker Company
(317) 590-5289
-
K
Buyer's Agent in 2014
Kurt Flock
Flock Realty, Inc.
(317) 490-7719
2 in this area
24 Total Sales
About Lockerbie Terrace
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: MBR21761133
APN: 49-11-01-240-243.029-101
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