$499,000

Lockerbie Terrace 225 N New Jersey St Unit 46 Indianapolis, IN 46204

Market East Neighborhood

Estimated payment $4,399/month

Total Views 8,877
2 Beds
2 Baths
1,977 Sq Ft
$252 Price per Sq Ft

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Primary Bedroom Suite
  • Backs to Open Ground
  • 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!

Listing Agent

Brian Sample

RE/MAX Acclaimed Properties Brokerage Phone: 812-327-8273 Listed on: 05/16/2025

RE/MAX Acclaimed Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,210

Year Built

  • Built in 2003

HOA Fees

  • $746 Monthly HOA Fees

Home Design

  • Stucco Exterior

Interior Spaces

  • Multi-Level Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Separate Shower

Parking

  • Garage
  • Heated Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

  • Washington Irving #14 Elementary School
  • Center For Inquiry Middle School
  • Arsenal Technical High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Covered Patio or Porch
  • Backs to Open Ground
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 49-11-01-240-243.031-101

Community Details

Overview

  • High-Rise Condominium

Recreation

  • Fitness Center

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,210

Year Built

Built in 2003

Lot Details

0

HOA Fees

$746 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 2003
  • Age: 22
  • Style: Multi-Story (3+)
  • Architectural Style: High Rise
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Lockerbie Terrace HPR Unit 46 & 2.899% Int Common Area; Parking Space # Surface (S) 20 & 7 (G)
  • Parcel Number ID: 49-11-01-240-243.031-101
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Disposal, Elevator, Foyer Entry, Garage Door Opener, Open Floor Plan, Patio Covered, Twin Sink Vanity, Stand Up Shower, Main Level Bedroom Suite, Formal Dining Room, Garage-Heated, Main Floor Laundry
  • Location: City/Town/Suburb
  • Year Taxes Payable: 2025
  • Special Features: None

Interior Features

  • Total Sq Ft: 1977
  • Total Finished Sq Ft: 1977
  • Above Grade Finished Sq Ft: 1977
  • Price Per Sq Ft: 252.4
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 27x17, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Dining Room: Dimensions: 15x14, On Level: Main
  • Den: Dimensions: 14x13, On Level: Main
  • Extra Room: Foyer, Dimensions: 9x6, On Level: Main
  • Bedroom 1: Dimensions: 19x14, On Level: Main
  • Bedroom 2: Dimensions: 16x14, On Level: Main
  • Main Level Sq Ft: 1977
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Stucco
  • Outbuilding1: None

Garage/Parking

  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 6

Condo/Co-op/Association

  • Association Fees: 746
  • Association Fees Frequency: Monthly
  • Common Amenities: Exercise Room, Security, Sidewalks
  • Other Fee Description: Utility Assessment

Schools

  • School District: Indianapolis Public Schools
  • Elementary School: Washington Irving #14
  • Middle School: Center for Inquiry
  • High School: Arsenal Technical
  • Elementary School: Washington Irving #14

Lot Info

  • Lot Dimensions: Condo

Tax Info

  • Annual Taxes: 11210.04

MLS Schools

  • High School: Arsenal Technical
  • Middle School: Center for Inquiry
  • School District: Indianapolis Public Schools

Map

About Lockerbie Terrace

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $499,000 -- $252 / Sq Ft
Source: Indiana Regional MLS

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Source: Indiana Regional MLS

MLS Number: 202518183

Indiana Regional MLS

APN: 49-11-01-240-243.031-101

Indiana Marion County Indianapolis 46202 Market East

225 N New Jersey St Unit 46, Indianapolis, IN

This home is located at 225 N New Jersey St Unit 46, Indianapolis, IN 46204 and is currently priced at $499,000, approximately $252 per square foot. This property was built in 2003. 225 N New Jersey St Unit 46 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Brian Sample
Listing Agent
Brian Sample
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RE/MAX Acclaimed Properties
(317) 953-4972