NOT LISTED FOR SALE

Lockerbie Terrace 225 N New Jersey St Unit 62 Indianapolis, IN 46204

Market East Neighborhood

Estimated Value: $543,000 - $800,000

3 Beds
2.5 Baths
2,502 Sq Ft
1,525 Sq Ft Lot

Last Sold May 23, 2014

Last sale price $485,000 $194 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,306/month

353 Days on Market

Highlights

  • Penthouse
  • Covered patio or porch
  • Thermal Windows
  • Vaulted Ceiling
  • Elevator
  • 3-minute walk to Indianapolis Cultural Trail

About This Home

As of May 2014

This STUNNING THREE BEDROOM PENTHOUSE provides all the luxury's anyone could ask for. The updated kitchen, open concept, floor to ceiling bay window with gorgeous west view of the city, private patio, formal dinning room and fitness room are a few of the features offered. In addition, this unit has an underground parking space plus an assigned parking space in a gated lot. Secure entry at all entrances plus security cameras in all proper locations provides extreme security.

Last Agent to Sell the Property

Dan DuBois

Town Lake & Country RealEstate Listed on: 05/03/2013

Last Buyer's Agent

Bill O'Brien

Bill O'Brien

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 2003

Lot Details

  • Partially Fenced Property
  • Sprinkler System

Parking

  • Garage

Home Design

  • Penthouse
  • Block Foundation
  • Cultured Stone Exterior

Interior Spaces

  • 2,502 Sq Ft Home
  • 1-Story Property
  • Sound System
  • Vaulted Ceiling
  • Thermal Windows
  • Window Screens
  • Security System Leased

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Covered patio or porch

Listing and Financial Details

  • Assessor Parcel Number 491101240243041101

Community Details

Overview

  • Association fees include custodian, exercise room, maintenance, professional mgmt, snow removal, trash
  • Lockerbie Terrace Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,600

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemp
  • Builder Name: Hearthview
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 2003
  • Garage Y N: Yes
  • Subdivision Name: LOCKERBIE TERRACE
  • Inspection Warranties: Not Applicable
  • Property Description: This STUNNING THREE BEDROOM PENTHOUSE provides all the luxury's anyone could ask for. The updated kitchen, open concept, floor to ceiling bay window with gorgeous west view of the city, private patio, formal dinning room and fitness room are a few of the features offered. In addition, this unit has an underground parking space plus an assigned parking space in a gated lot. Secure entry at all entrances plus security cameras in all proper locations provides extreme security.
  • Transaction Type: Sale
  • Floor Number: 6
  • Lifestyles: Pent House
  • Unit Entry Level: 6
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Raised Ceiling(s), Screens Complete, Windows Thermal, Walk-in Closet(s)
  • Living Area: 2502
  • Other Equipment: Elevator Common, Security Alarm Rented, Surround Sound, Water-Softener Owned
  • Room Count: 7
  • Areas Interior: Bath Sinks Dbl Main,Foyer Large,Laundry Room Main Level,Utility Room
  • Eating Area: Breakfast Bar,Formal Dining Room,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2502
  • Main Level Sq Ft: 0
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Sinks Double,Tub Full with Separate Shower,Main Level,Closet Walk in
  • Total Sq Ft: 2502
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 2502
  • Pct Optional Level Finished: 0-25%
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Cultured Stone
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial, Exterior Handicap Accessible, Irrigation System
  • Foundation Details: Block
  • List Price: 499000
  • Association Maintained Building Exterior: 1
  • Construction Stage: Completed
  • Porch: Covered Patio

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 1 Car Attached
  • Garage Parking Other: Assigned Parking Outside,Integral Garage
  • Num Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Cooling: Heat Pump
  • Heating: Forced Air, Heat Pump
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Condo Description Location: Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Custodian, Entrance Common, Exercise Room, Maintenance, Professional Mgmt, Snow Removal, Trash
  • Mandatory Fee: 777

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240243041101
  • Acres: CndHPRCoop
  • Lot Information: Corner,Gated Community,Sidewalks,Storm Sewer
  • Lot Number: 62
  • Lot Size: 0.03 AC

Tax Info

  • Tax Annual Amount: 5600
  • Semi Annual Property Tax Amt: 2800
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
May 23, 2014
Sold by
Dubois Rita N and Dubois Michael B
Bought by
Angotti Patricia L
Seller's Agent
Dan DuBois
Town Lake & Country RealEstate
Buyer's Agent
Bill O'Brien
Bill O'Brien
List Price
$549,900
Sold Price
$485,000
Premium/Discount to List
-$64,900
-11.8%
Current Estimated Value
$646,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,925
Avg. Annual Appreciation
2.99%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Angotti Patricia L $485,000 Hamilton National Title Llc
The Patricia L Angotti Revocable Trust -- Hamilton National Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dubois Michael B $202,800
Previous Owner Dubois Michael B $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $485,000 -2.8% $194 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
04/08/2014 04/08/14 Price Changed $499,000 -9.3% $199 / Sq Ft
03/27/2014 03/27/14 Price Changed $549,900 0.0% $220 / Sq Ft
03/27/2014 03/27/14 For Sale $549,900 +13.4% $220 / Sq Ft
01/10/2014 01/10/14 Off Market $485,000 -- --
05/03/2013 05/03/13 For Sale $599,900 -- $240 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $8,810 $714,300 $71,600 $642,700
2023 $8,810 $722,600 $71,600 $651,000
2022 $9,129 $733,200 $71,600 $661,600
2021 $7,971 $667,300 $71,600 $595,700
2020 $7,708 $643,200 $71,600 $571,600
2019 $8,131 $662,800 $71,600 $591,200
2018 $7,680 $620,300 $71,600 $548,700
2017 $6,275 $580,000 $71,600 $508,400
2016 $5,617 $532,400 $71,600 $460,800
2014 $11,284 $521,900 $71,600 $450,300
2013 $10,850 $521,900 $71,600 $450,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dan DuBois

    Town Lake & Country RealEstate

    Section Image

  • B

    Buyer's Agent in 2014

    Bill O'Brien

    Bill O'Brien

    Section Image
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About Lockerbie Terrace

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21230009

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-243.041-101

Indiana Marion County Indianapolis 46202 Market East

225 N New Jersey St Unit 62, Indianapolis, IN

This home is located at 225 N New Jersey St Unit 62, Indianapolis, IN 46204 since 03 May 2013 and is currently estimated at $646,925, approximately $258 per square foot. This property was built in 2003. 225 N New Jersey St Unit 62 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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