$824,900

Lockerbie Terrace 225 N New Jersey St Unit 52 Indianapolis, IN 46204

Market East Neighborhood

Estimated payment $6,113/month

Total Views 2,620
2 Beds
2 Baths
2,315 Sq Ft
$356 Price per Sq Ft

Highlights

  • Fitness Center
  • Gated Community
  • Contemporary Architecture
  • Rooftop Deck
  • Mature Trees
  • 3-minute walk to Indianapolis Cultural Trail

About This Home

This fully updated fifth-floor condo offers luxurious single-level living in the heart of downtown. Featuring 2 bedrooms, an office, and 2 full baths, the split floor plan occupies the southwest corner of the building, offering panoramic views from the new IU Health Downtown Hospital to Eli Lilly & Company. Engineered hardwood floors guide you from the chef's kitchen, equipped with Sub-Zero, Wolf & Cove appliances, into an open dining and living area, perfect for relaxing or entertaining. The spacious primary suite includes a large bedroom and a spa-like bathroom with heated tile floors and Kohler Anthem digital shower controls. Located adjacent to historic Lockerbie Square, Lockerbie Terrace offers maintenance-free living with a rooftop deck and on-site gym. Two deeded parking spaces (1 indoor, 1 outdoor) are included, and you're just steps from Mass Ave, Whole Foods, Needler's, Hot Room Yoga, Commissary, and more. Welcome home to Lockerbie Terrace 52!

Listing Agent

Timothy Birky

F.C. Tucker Company License #RB18001683 Listed on: 06/20/2025

F.C. Tucker Company

Co-Listing Agent

Nick McNeely

F.C. Tucker Company License #RB14047448

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,206

Year Built

  • Built in 2003

Lot Details

  • Sprinkler System
  • Mature Trees

HOA Fees

  • $873 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Electric Gate
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Stone

Interior Spaces

  • 2,315 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination

Kitchen

  • Gas Oven
  • <<builtInMicrowave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Outdoor Gas Grill

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $7,879
  • Property Available on 7/1/25
  • The owner pays for alarm sec, dues mandatory, association fees, ins hazard, taxes
  • Tax Lot 491101240243034101
  • Assessor Parcel Number 491101240243034101

Community Details

Overview

  • Association fees include home owners, common cooling, common heat, sewer, exercise room, insurance, ground maintenance, management, security, snow removal, trash
  • Lockerbie Terrace Subdivision
  • Property managed by Self-managed by owner

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,206

Year Built

Built in 2003

Lot Details

0

HOA Fees

$873 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2003
  • Building Area Total: 2315
  • Garage Y N: Yes
  • Lot Size Acres: 0.03
  • Subdivision Name: Lockerbie Terrace
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 5
  • Lifestyles: Flat
  • F H A Certified: No
  • Special Features: VirtualTour

Interior Features

  • Common Walls: End Unit
  • Basement: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, Hi-Speed Internet Availbl, Smart Thermostat, Wired for Sound, Walk-In Closet(s)
  • Living Area: 2315
  • Main Level Bedrooms: 2
  • Other Equipment: Intercom, Security Alarm Paid, Smoke Alarm
  • Owner Pays: Alarm Sec, Dues Mandatory, Association Fees, Ins Hazard, Taxes
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 2315
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Stone
  • Exterior Features: Balcony, Gas Grill, Sprinkler System
  • Foundation Details: Poured Concrete
  • List Price: 824900
  • Patio And Porch Features: Covered, Deck, Rooftop

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Attached, Concrete, Electric Gate, Garage Door Opener
  • Garage Parking Other: Assigned Parking Outside

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Connections All, Laundry Room, Main Level
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Exercise Course, Fitness Center, Insurance, Maintenance Grounds, Management, Security, Snow Removal, Trash
  • Association Fee: 873
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Fitness Center, Gated, Sidewalks, Street Lights
  • Pets Allowed: No
  • Management Company Name: Communitas Management
  • H O A Disclosures: Covenants & Restrictions,Rental Restrictions,Rules & Regulations,Transfer Fee
  • Condo Description Location: Upper Level
  • Condo Type: Horizontal
  • Property Management Company: Self-managed by owner

Fee Information

  • Association Fee Includes: Association Home Owners, Common Cooling, Common Heat, Sewer, Entrance Common, Exercise Room, Insurance, Maintenance Grounds, Management, Security, Snow Removal, Trash

Lot Info

  • Lot Features: Corner Lot, Sidewalks, Storm Sewer, Street Lights, Mature Trees
  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 1400
  • Parcel Number: 491101240243034101
  • Acres: <1/4 Acre
  • Price Acre: 27496667

Rental Info

  • Available Date: 2025-07-01
  • Tenant Pays: Cable TV, Electricity, Insurance
  • Min Lease Req: 12
  • Security Deposit: 7879
  • Smoking: No
  • Application Fee: 30
  • Security Deposit Refundable Y N: Yes

Tax Info

  • Tax Annual Amount: 8206
  • Tax Lot: 491101240243034101
  • Semi Annual Property Tax Amt: 4103
  • Tax Exemption: Homestead Tax Exemption

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 $8,243 $673,400 $66,300 $607,100
2023 $8,243 $681,300 $66,300 $615,000
2022 $8,536 $691,200 $66,300 $624,900
2021 $7,459 $629,200 $66,300 $562,900
2020 $7,216 $606,400 $66,300 $540,100
2019 $7,603 $625,000 $66,300 $558,700
2018 $7,178 $584,800 $66,300 $518,500
2017 $5,912 $546,700 $66,300 $480,400
2016 $5,292 $501,700 $66,300 $435,400
2014 $5,366 $491,800 $66,300 $425,500
2013 $5,135 $491,800 $66,300 $425,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $824,900 -- $356 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $373,500 New Conventional
Closed $405,500 New Conventional
Closed $157,000 Credit Line Revolving
Closed $456,700 New Conventional
Closed $100,000 Unknown
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22046238

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-243.034-101

Indiana Marion County Indianapolis 46202 Market East

225 N New Jersey St Unit 52, Indianapolis, IN

This home is located at 225 N New Jersey St Unit 52, Indianapolis, IN 46204 and is currently priced at $824,900, approximately $356 per square foot. This property was built in 2003. 225 N New Jersey St Unit 52 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).

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Timothy Birky
Listing Agent
Timothy Birky
Section Image
F.C. Tucker Company
(317) 751-1598