$2,600 per month

Lockerbie Terrace 225 N New Jersey St Unit 48 Indianapolis, IN 46204

Market East Neighborhood
2 Beds
2 Baths
1,558 Sq Ft
$588/mo HOA Fee

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.

Listing Agent

Jason Hess

Compass Indiana, LLC License #RB14048495 Listed on: 08/12/2025

Compass Indiana, LLC

Co-Listing Agent

Richie Holmes

Compass Indiana, LLC License #RB14046335

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2003 | Remodeled

HOA Fees

  • $588 Monthly HOA Fees

Parking

  • 1 Car Attached 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

  • Security Deposit $2,000
  • Property Available on 8/12/25
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • 12-Month Minimum Lease Term
  • $35 Application Fee
  • Tax Lot 491101240243032101
  • 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

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$588 per month

Parking

1

Rental Info

  • Available Date: 2025-08-12
  • Lease Amount: 2600
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Min Lease Req: 12
  • Security Deposit: 2000
  • Application Fee: 35
  • Security Deposit Refundable Y N: Yes

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2003
  • Building Area Total: 1558
  • Co List Office Phone: 317-563-5051
  • Garage Y N: Yes
  • Subdivision Name: Lockerbie Terrace
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • Floor Number: 4
  • Lifestyles: Mid Rise/High Rise
  • F H A Certified: No
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, High Ceilings, Elevator, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Walk-In Closet(s), WoodWorkStain/Painted
  • Living Area: 1558
  • Main Level Bedrooms: 2
  • Other Equipment: Intercom, Smoke Alarm
  • Owner Pays: No Utilities
  • Spa Y N: No
  • Areas Interior: Bedroom Other on Main,Laundry in Unit,Utility Room
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1558
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Stucco
  • Direction Faces: North
  • Exterior Features: Balcony
  • Foundation Details: Slab, See Remarks
  • List Price: 2600
  • Patio And Porch Features: Covered
  • Pool Private Y N: No
  • Property Condition: Updated/Remodeled
  • View: City, Downtown, Skyline
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Attached, Electric Gate, Gated, Guest, Heated Garage
  • Garage Parking Other: Other

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Heat Pump
  • Laundry Features: Main Level, Sink
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Exercise Course, Fitness Center, Insurance, Maintenance, Management
  • Association Fee: 588
  • Association Fee Frequency: Monthly
  • Association Phone: 317-545-0105
  • Association YN: Yes
  • Community Features: Fitness Center
  • Pets Allowed: No
  • Management Company Name: Melody Betterman-Layne Comm Management
  • H O A Disclosures: Covenants & Restrictions,Rental Restrictions,Transfer Fee
  • Condo Description Location: Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Common Cooling, Common Heat, Sewer, Entrance Common, Exercise Room, Insurance, Maintenance Structure, Maintenance, Management

Lot Info

  • Lot Features: Gated Community
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Parcel Number: 491101240243032101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 4200
  • Tax Lot: 491101240243032101
  • Semi Annual Property Tax Amt: 2100

Map

About Lockerbie Terrace

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22056392

MIBOR Broker Listing Cooperative®

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

Indiana Marion County Indianapolis 46202 Market East

225 N New Jersey St Unit 48, Indianapolis, IN

This home is located at 225 N New Jersey St Unit 48, Indianapolis, IN 46204 and is currently priced at $2,600. This property was built in 2003. 225 N New Jersey St Unit 48 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.

MIBOR Broker Listing Cooperative® 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.

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Jason Hess
Listing Agent
Jason Hess
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Compass Indiana, LLC
(317) 768-0986