NOT LISTED FOR SALE

Estimated Value: $117,084 - $126,000

1 Bed
1 Bath
422 Sq Ft
$210/mo HOA Fee

Last Sold November 09, 2021

Last sale price $100,000 $237 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,050/month

11 Days on Market

About This Home

As of November 2021

Sleek and contemporary studio space on the main level of Historic Renaissance Tower! Currently utilized as a salon, this space is perfect for the next stylist or business owner. This studio condominium is light, bright and full of character. With the addition of a refrigerator and a range, a larger kitchen is easily accommodated. The studio is also very well suited for a number of small business/office uses, or an artist/architectural studio. Check out the Renaissance Tower association fee which includes ALL utilities (except electric which averages $25/mo), basic cable, and basic internet. Fabulous skyline views, stained concrete floors, large windows and a very walkable neighborhood location. A rare opportunity!

Last Agent to Sell the Property

Scott Lacy

Asset One Real Estate Company License #RB14014110 Listed on: 10/22/2021

Last Buyer's Agent

Kevin Warren

Kevin Warren

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,218

Year Built

  • 1907

Lot Details

  • 131

HOA Fees

  • $210 per month

Home Design

  • Entry on the 1st floor

Interior Spaces

  • Family or Dining Combination
  • Galley Kitchen

Utilities

  • Gas Water Heater
  • Cable TV Available

Community Details

  • Mid-Rise Condominium
  • Property managed by Renaissance Tower HOA

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,218

Year Built

1907

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Floor Number: 1
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 1
  • Architectural Style: Other
  • Directions: Delaware to 9th, then east to Renaissance Tower. Or Alabama to 9th and west to Renaissance Tower Lockbox in outer lobby on the east side of the building.
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Subdivision Name: RENAISSANCE TOWER
  • Special Features: None
  • Year Built: 1907

Interior Features

  • Appliances: Common Laundry
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 422
  • Main Level Sq Ft: 422
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Galley
  • Basement YN: No
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Wet Bar, Wood Work Painted
  • Other Equipment: Elevator Common, Intercom, Smoke Detector

Exterior Features

  • Foundation Details: Block
  • Association Maintained Building Exterior: 1
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: Other
  • Garage Parking Other: Assigned Parking Outside

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: Cable Connected
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Management Company Name: Renaissance Tower HOA
  • Management Company Phone: 317-693-4993
  • Condo Description Location: Building Common Entry,End Unit
  • Condo Type: Vertical
  • Association Fee: 210
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Insurance, Management, Trash, See Remarks

Lot Info

  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 101
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 1109
  • Tax Exemption: None
  • Tax Annual Amount: 2218
  • Tax Year: 2020

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Nov 22, 2021
Sold by
Aldrich Brooke Michael
Bought by
Buschman Joseph
Seller's Agent
Scott Lacy
Asset One Real Estate Company
Buyer's Agent
Kevin Warren
Kevin Warren
List Price
$109,000
Sold Price
$100,000
Premium/Discount to List
-$9,000
-8.26%
Current Estimated Value
$121,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,271
Avg. Annual Appreciation
4.69%

Purchase Details

Listed on
Oct 22, 2021
Closed on
Nov 4, 2021
Sold by
Aldrich Brooke Michael
Bought by
Buschman Joseph
Seller's Agent
Scott Lacy
Asset One Real Estate Company
Buyer's Agent
Kevin Warren
Kevin Warren
List Price
$109,000
Sold Price
$100,000
Premium/Discount to List
-$9,000
-8.26%

Purchase Details

Closed on
Aug 7, 2007
Sold by
Hauserperger Joe B
Bought by
Excentive Accomodations Llc

Purchase Details

Closed on
Jan 12, 2007
Sold by
Renaissance Tower Acquisition Llc
Bought by
Aldrich Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
Buschman Joseph -- Enterprise Title
Buschman Joseph $100,000 Enterprise Title
Excentive Accomodations Llc -- None Available
Aldrich Michael J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aldrich Michael J $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2021 11/09/21 Sold $100,000 -8.3% $237 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $109,000 -- $258 / 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 $2,515 $103,900 $11,100 $92,800
2023 $2,515 $103,900 $11,100 $92,800
2022 $2,458 $99,500 $11,100 $88,400
2021 $2,211 $93,700 $11,100 $82,600
2020 $2,219 $93,700 $11,100 $82,600
2019 $2,126 $88,000 $11,100 $76,900
2018 $1,870 $76,500 $11,100 $65,400
2017 $1,650 $75,500 $11,100 $64,400
2016 $1,449 $67,500 $11,100 $56,400
2014 $404 $18,700 $11,100 $7,600
2013 $601 $17,200 $11,100 $6,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21820758

MIBOR Broker Listing Cooperative®

APN: 49-11-01-223-165.000-101