Lockerbie Terrace 225 N New Jersey St Unit 48 Floor 4 Indianapolis, IN 46204
Market East NeighborhoodEstimated payment $2,918/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
- Intercom
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | Price Changed | $369,999 | -2.6% | $237 / Sq Ft |
| 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 | -- | -- |
| 08/25/2025 08/25/25 | Price Changed | $2,500 | -3.8% | $2 / Sq Ft |
| 08/12/2025 08/12/25 | 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 | |
| Warranty Deed | -- | Enterprise Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $318,250 | New Conventional | |
| Closed | $318,250 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22032147
APN: 49-11-01-240-243.032-101
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
- 225 N New Jersey St Unit 46
- 252 N New Jersey St
- 420 E Ohio St Unit A
- 450 E Ohio St Unit 321
- 450 E Ohio St Unit 118
- 222 N East St Unit 103
- 355 E Ohio St Unit 209
- 355 E Ohio St Unit STE 105
- 355 E Ohio St Unit 221
- 355 E Ohio St Unit 206
- 331 N East St
- 529 E New York St
- 333 Massachusetts Ave Unit 306
- 333 Massachusetts Ave Unit 401
- 333 Massachusetts Ave Unit 405
- 333 Massachusetts Ave Unit 507
- 333 Massachusetts Ave Unit 303
- 430 N Park Ave Unit 502
- 430 N Park Ave Unit 104
- 226 N Cleveland St Unit 226E
- 420 E Ohio St Unit A
- 434 E New York St
- 360 E Market St
- 530 E Ohio St
- 450 E Market St Unit ID1014486P
- 450 E Market St Unit ID1014501P
- 450 E Market St Unit ID1014496P
- 333 Massachusetts Ave Unit 507
- 451-475 E Market St
- 515 E Market St
- 412 N Alabama St
- 515 E Market St Unit ID1228645P
- 515 E Market St Unit ID1228646P
- 423 E Michigan St Unit ID1026464P
- 423 E Michigan St Unit ID1026469P
- 423 E Michigan St Unit ID1032107P
- 423 E Michigan St Unit ID1032091P
- 423 E Michigan St Unit ID1032103P
- 423 E Michigan St Unit ID1032096P