Lockerbie Terrace 225 N New Jersey St Unit 46 Indianapolis, IN 46204
Market East NeighborhoodEstimated payment $4,440/month
Total Views
7,701
2
Beds
2
Baths
1,977
Sq Ft
$252
Price per Sq Ft
Highlights
- Fitness Center
- Gated Parking
- L-Shaped Dining Room
- 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
Est. Annual Taxes
- $11,261
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
- 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
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
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
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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 |
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: MIBOR Broker Listing Cooperative®
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22038343
APN: 49-11-01-240-243.031-101
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