Lockerbie Terrace 225 N New Jersey St Unit 52 Floor 5 Indianapolis, IN 46204
Market East NeighborhoodEstimated payment $5,798/month
Total Views
335,727
2
Beds
2
Baths
2,315
Sq Ft
$346
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!
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
- Intercom
Kitchen
- Gas Oven
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Engineered Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
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
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 | $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 |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Price Changed | $799,900 | -3.0% | $346 / Sq Ft |
| 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
About the Listing Agent
Commitment, collaboration, determination, and hard work have helped him to succeed in his personal and professional life. These values along with an ability to listen and understand the needs of others will help him serve you best. Successfully navigating your real estate transaction requires attention to detail and mindfulness that he possesses in order to create a smooth experience and achieve your goals.
He provides his clients with the integrity and dedication they deserve. He
Timothy's Other Listings
-
$799,900 Open Sun 1PM - 3PM
- 3 Beds
- 2.5 Baths
- 2,543 Sq Ft
- 757 Massachusetts Ave
- Unit 201
- Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22046238
APN: 49-11-01-240-243.034-101
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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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