
Lockerbie Terrace 225 N New Jersey St Unit 48 Indianapolis, IN 46204
Market East NeighborhoodEstimated payment $3,021/month
Highlights
- Fitness Center
- Gated Community
- Updated Kitchen
- Electric Gate
- Downtown View
- 3-minute walk to Indianapolis Cultural Trail
About This Home
Incredible Opportunity in One of the Best Walkable Downtown Locations. Check out Unit 48 at 225 New Jersey in Lockerbie Terrace! Rare North Facing Unit w/ 2 Bed/2 Baths & Laundry In Unit. One Outside Parking Spot & One Garage Parking Spot (5 Garage, 53 Outside) within the Gated Community. Oversized Owner's Room w/ New Walk In Shower, Dual Vanity & Crazy Large Walk-In Closet Big Enough for an Office! Private Covered Patio Area, Facing Mass Ave & The Rathskeller & Quick Walk to Grocery & Dining. Hardwood Floors, 42 Inch Custom Cabinets, Amazing Oversized Windows & Open Space. Can't Miss Unit w/ Roof Top Community Deck w/ Skyline Views. Premier Building Security & Location Makes this a Top Tier Unit & Location Right in the Middle of It All.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,400
Year Built
- Built in 2003 | Remodeled
HOA Fees
- $588 Monthly HOA Fees
Parking
- 1 Car Garage
- Electric Gate
- Assigned Parking
Home Design
- Contemporary Architecture
- Slab Foundation
- Stucco
Interior Spaces
- 1,558 Sq Ft Home
- 1-Story Property
- Woodwork
- Paddle Fans
- Breakfast Room
- Wood Flooring
- Intercom
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Balcony
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Tax Lot 49-11-01-240-243.032-101
- Assessor Parcel Number 491101240243032101
Community Details
Overview
- Association fees include common cooling, common heat, sewer, exercise room, insurance, maintenance structure, maintenance, management
- 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
- Fire and Smoke Detector
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 | $4,222 | $345,900 | $44,600 | $301,300 |
2023 | $4,222 | $349,800 | $44,600 | $305,200 |
2022 | $8,514 | $354,800 | $44,600 | $310,200 |
2021 | $7,561 | $325,600 | $44,600 | $281,000 |
2020 | $7,325 | $314,200 | $44,600 | $269,600 |
2019 | $7,685 | $323,500 | $44,600 | $278,900 |
2018 | $7,278 | $303,500 | $44,600 | $258,900 |
2017 | $6,081 | $284,200 | $44,600 | $239,600 |
2016 | $5,486 | $261,800 | $44,600 | $217,200 |
2014 | $5,531 | $255,800 | $44,600 | $211,200 |
2013 | $5,318 | $255,800 | $44,600 | $211,200 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/01/2025 09/01/25 | For Sale | $379,999 | 0.0% | $244 / Sq Ft |
08/31/2025 08/31/25 | Off Market | $379,999 | -- | -- |
08/20/2025 08/20/25 | For Rent | $2,600 | 0.0% | -- |
07/11/2025 07/11/25 | Price Changed | $379,999 | -5.0% | $244 / Sq Ft |
05/27/2025 05/27/25 | Price Changed | $399,900 | -2.5% | $257 / Sq Ft |
05/05/2025 05/05/25 | Price Changed | $410,000 | -3.5% | $263 / Sq Ft |
04/11/2025 04/11/25 | For Sale | $425,000 | -- | $273 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Enterprise Title | |
Interfamily Deed Transfer | -- | None Available | |
Deed | -- | None Listed On Document |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $317,500 | New Conventional | |
Closed | $318,250 | New Conventional |
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Source: MIBOR Broker Listing Cooperative®
MLS Number: 22032147

APN: 49-11-01-240-243.032-101
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