Lockerbie Terrace 225 N New Jersey St Unit 46 Floor 4 Indianapolis, IN 46204
Market East NeighborhoodEstimated payment $3,897/month
Highlights
- Fitness Center
- Gated Parking
- Wood Flooring
- Rooftop Deck
- Gated Community
- 3-minute walk to Indianapolis Cultural Trail
About This Home
Experience vibrant downtown living in this spacious 2-bedroom, 2-bath condo located in the desirable Lockerbie Terrace community. With nearly 2,000 square feet of stylish living space, this light-filled unit features an open-concept layout, soaring ceilings, and a wall of windows in nearly every room-offering amazing views and incredible natural light throughout. Beautiful new hardwood floors span the entire main living area, adding warmth and sophistication. The kitchen offers ample cabinetry, modern appliances, and a large breakfast bar that flows seamlessly into the living and dining spaces. The primary suite features a spacious bath with double sinks, a walk-in shower, and generous closet space. A second bedroom and full hall bath provide comfort and flexibility for guests or a home office. Additional highlights include in-unit laundry and two dedicated parking spaces-one gated surface space and one garage space. Built in 2003, this secure, elevator-access building is well-maintained and professionally managed. HOA fee includes water, sewer, trash, and common area maintenance. Located just steps from Mass Ave, Bottleworks District, dining, shopping, and entertainment-this is low-maintenance, luxury urban living at its finest!
Property Details
Home Type
- Condominium
Year Built
- Built in 2003
Lot Details
- 1 Common Wall
HOA Fees
- $746 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Gated Parking
- Assigned Parking
Home Design
- Entry on the 4th floor
- Stucco
Interior Spaces
- 1,977 Sq Ft Home
- 1-Story Property
- Paddle Fans
- Entrance Foyer
- L-Shaped Dining Room
Kitchen
- Breakfast Bar
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Accessibility Features
- Accessible Doors
Outdoor Features
- Balcony
- Rooftop Deck
- Covered Patio or Porch
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 101
- Assessor Parcel Number 491101240243031101
Community Details
Overview
- Association fees include sewer, maintenance, trash
- Association Phone (317) 545-0105
- Mid-Rise Condominium
- Lockerbie Terrace Subdivision
- Property managed by Melody Betterman-Layne Comm Management
Recreation
- Fitness Center
Security
- Gated Community
Map
About Lockerbie Terrace
Home Values in the Area
Average Home Value in this Area
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 | $11,384 | $472,400 | $56,600 | $415,800 |
| 2023 | $11,384 | $477,800 | $56,600 | $421,200 |
| 2022 | $11,614 | $484,600 | $56,600 | $428,000 |
| 2021 | $10,267 | $442,900 | $56,600 | $386,300 |
| 2020 | $9,944 | $427,300 | $56,600 | $370,700 |
| 2019 | $10,436 | $440,000 | $56,600 | $383,400 |
| 2018 | $9,875 | $412,500 | $56,600 | $355,900 |
| 2017 | $8,247 | $386,200 | $56,600 | $329,600 |
| 2016 | $7,431 | $355,400 | $56,600 | $298,800 |
| 2014 | $7,518 | $347,700 | $56,600 | $291,100 |
| 2013 | $7,551 | $347,700 | $56,600 | $291,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2025 12/17/25 | Pending | -- | -- | -- |
| 09/25/2025 09/25/25 | Price Changed | $419,000 | -6.7% | $212 / Sq Ft |
| 09/24/2025 09/24/25 | For Sale | $449,000 | 0.0% | $227 / Sq Ft |
| 09/15/2025 09/15/25 | Pending | -- | -- | -- |
| 08/26/2025 08/26/25 | Price Changed | $449,000 | -10.0% | $227 / Sq Ft |
| 05/19/2025 05/19/25 | For Sale | $499,000 | -- | $252 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22038343
APN: 49-11-01-240-243.031-101
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.
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.
- 225 N New Jersey St Unit 52
- 450 E Ohio St Unit 321
- 222 N East St Unit 103
- 355 E Ohio St Unit 206
- 355 E Ohio St Unit STE 111
- 331 N East St
- 438 E Vermont St
- 333 Massachusetts Ave Unit 305
- 333 Massachusetts Ave Unit 401
- 333 Massachusetts Ave Unit 306
- 333 Massachusetts Ave Unit 507
- 333 Massachusetts Ave Unit 405
- 430 N Park Ave Unit 104
- 430 N Park Ave Unit 412
- 441 N Park Ave Unit 4
- 346 N College Ave
- 504 N Park Ave Unit 6
- 514 N Park Ave
- 1150 E New York St
- 515 N Park Ave