$264,250
SOLD APR 18, 2014
2 Beds
2 Baths
1,627 Sq Ft
871 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

10% Below List Price

241 Days on Market

Highlights

  • Vaulted Ceiling
  • Thermal Windows
  • Walk-In Closet
  • Elevator
  • Intercom
  • 3-minute walk to Indianapolis Cultural Trail

About This Home

As of June 2021

Welcome home to downtowns acclaimed Lockerbie Terrace!! Wonderful downtown location close to Mass Ave, Cultural trail & the heart of Downtown. Spacious open floor plan w/ stunning downtown views & updated kitchen & bathrooms. Perfect for entertaining. Building HOA cover Utilities, work out facilities, welcoming entry and attached garage. Landry room in unit. Separate den makes for a great retreat or home office w/ French doors. Two full bathrooms & two large walk-ins. Walking score of 95!!

Last Agent to Sell the Property

Joan Lonnemann

F.C. Tucker Company License #RB14024952 Listed on: 08/02/2013

F.C. Tucker Company

Last Buyer's Agent

Kurt Flock

Flock Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,060

Year Built

  • Built in 2004

Home Design

  • Cement Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,627 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Thermal Windows
  • Window Screens
  • Dryer

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Intercom

Parking

  • Garage
  • Driveway

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, professional mgmt, snow removal
  • Mid-Rise Condominium
  • Lockerbie Terrace Subdivision

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,060

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemp
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 2004
  • Garage Y N: Yes
  • Lot Size Acres: 0.02
  • Subdivision Name: LOCKERBIE TERRACE
  • Inspection Warranties: Not Applicable
  • Property Description: Welcome home to downtowns acclaimed Lockerbie Terrace!! Wonderful downtown location close to Mass Ave, Cultural trail & the heart of Downtown. Spacious open floor plan w/ stunning downtown views & updated kitchen & bathrooms. Perfect for entertaining. Building HOA cover Utilities, work out facilities, welcoming entry and attached garage. Landry room in unit. Separate den makes for a great retreat or home office w/ French doors. Two full bathrooms & two large walk-ins. Walking score of 95!!
  • Transaction Type: Sale
  • Floor Number: 4
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 4
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, MicroHood
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Raised Ceiling(s), Walk-in Closet(s), Screens Complete, Windows Thermal
  • Living Area: 1627
  • Other Equipment: Elevator Common, Intercom, Security Alarm Paid, Smoke Detector
  • Room Count: 7
  • Areas Interior: Foyer Large,Bedroom Other on Main
  • Eating Area: Breakfast Room,Center Island,Dining Combo/Great Room,Kitchen Updated
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1627
  • Main Level Sq Ft: 1627
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Sinks Double,TubFull with Shower,Tub Garden,Suite,Closet Walk in
  • Total Sq Ft: 1627
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Cement Siding, Stucco
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Concrete Perimeter
  • List Price: 275000
  • Association Maintained Building Exterior: 1
  • Porch: Balcony,Rooftop

Garage/Parking

  • Fuel: Other/See Remarks
  • Garage Parking Description: 1 Car Built In,Other
  • Garage Parking Other: Assigned Parking Outside,Garage Door Opener,Shared Garage
  • Num Parking Spaces: 2

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: Building Common Entry

Fee Information

  • Association Fee Includes: Common Cooling, Entrance Common, Exercise Room, Common Heat, Insurance, Maintenance, Professional Mgmt, Snow Removal
  • Mandatory Fee: 506

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240243029101
  • Acres: CndHPRCoop
  • Lot Information: Gated Community,Sidewalks,Street Lights
  • Lot Number: 0
  • Lot Size: 0.02 AC

Tax Info

  • Tax Annual Amount: 3060
  • Semi Annual Property Tax Amt: 1530
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

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
Current Estimated Value
$425,394

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
3.53%
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
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 Type Sale Price Title Company
Warranty Deed -- Starbuck Dane
Warranty Deed $375,000 Chicago Title
Deed $264,250 Chicago Title Company Llc
Warranty Deed -- Chicago Title Company Llc
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 New Conventional
Previous Owner $311,400 New Conventional
Previous Owner $311,400 New Conventional
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

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 $4,649 $380,400 $46,600 $333,800
2023 $4,649 $384,700 $46,600 $338,100
2022 $4,248 $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

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21248111

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-243.029-101