NOT LISTED FOR SALE

Estimated Value: $124,000 - $129,000

1 Bed
1 Bath
465 Sq Ft
$265/mo HOA Fee

Last Sold November 19, 2024

Last sale price $130,000 $280 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,229/month

5 Days on Market

Highlights

  • Wood Frame Window
  • Ceramic Tile Flooring
  • Central Air
  • Bay Window
  • 1-Story Property
  • Family or Dining Combination

About This Home

As of November 2024

Come see this centrally located one-bedroom condo nestled in the heart of downtown Indianapolis. Located the popular Renaissance Towers, the condo offers all the conveniences of downtown living including nearby highway access and short walk or bike ride to countless restaurants, Mass Ave, The Bottleworks District and the Cultural Trail. The building boosts a secure entrance, an elevator, a freight elevator, laundries facilities, secure bike storage and dedicated parking. Enjoy the high-speed internet and water provided by the HOA leaving the owner responsible for only for electricity. Whether you are looking to embrace everything downtown Indianapolis has to offer or looking for your next investment opportunity this is one you won't want to miss! Book your showing today!

Last Agent to Sell the Property

Chris Burgess

My Agent Brokerage Email: chrisburgessrealtor@yahoo.com License #RB16000925 Listed on: 10/15/2024

Last Buyer's Agent

Irina Lysenko

Trueblood Real Estate

Trueblood Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1907

Lot Details

  • Two or More Common Walls

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 5th floor
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 465 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Wood Frame Window
  • Family or Dining Combination

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Association fees include common cable, sewer, maintenance, management
  • Renaissance Tower Subdivision

Listing and Financial Details

  • Tax Lot 491101223136000101
  • Assessor Parcel Number 491101223136000101
  • Seller Concessions Not Offered

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,896

Year Built

Built in 1907

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1907
  • Building Area Total: 465
  • Garage Y N: No
  • Subdivision Name: Renaissance Tower
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 5
  • Lifestyles: Flat
  • Unit Entry Level: 5
  • F H A Certified: No
  • MBR_AttributionContact: chrisburgessrealtor@yahoo.com
  • Attribution Contact: chrisburgessrealtor@yahoo.com
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Disposal, Gas Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator, Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Hi-Speed Internet Availbl, Window Bay Bow, Windows Wood
  • Living Area: 465
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 465
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Poured Concrete

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Heating: Electric
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Cable TV, Maintenance, Management
  • Association Fee: 265
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Condo Description Location: Building Common Entry
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Common Cable, Sewer, Entrance Common, Maintenance, Management

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Horse Amenities: None
  • Parcel Number: 491101223136000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2896
  • Tax Lot: 491101223136000101
  • Semi Annual Property Tax Amt: 1448

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Nov 18, 2024
Sold by
Cormac Patrick S and Cormac Alicia S
Bought by
Tate Johnny
Seller's Agent
Chris Burgess
My Agent
Buyer's Agent
Irina Lysenko
Trueblood Real Estate
List Price
$130,000
Sold Price
$130,000
Views
9
Current Estimated Value
$137,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,533
Avg. Annual Appreciation
-1.94%
Original Mortgage
$97,500
Outstanding Balance
$96,565
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$30,589

Purchase Details

Listed on
Sep 27, 2017
Closed on
Nov 3, 2017
Bought by
Patrick S
Seller's Agent
Candice Darring
F.C. Tucker Company
Buyer's Agent
Jim Trueblood
Trueblood Real Estate
List Price
$94,990
Sold Price
$92,000
Premium/Discount to List
-$2,990
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$82,800
Interest Rate
3.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2008
Sold by
Heinold Ruth
Bought by
Heinold Ruth E and Heinold James
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
Tate Johnny -- Meridian Title
Tate Johnny -- Meridian Title
Patrick S $92,000 --
Cormac Patrick S $92,000 First American Title
Heinold Ruth E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tate Johnny $97,500
Closed Tate Johnny $97,500
Previous Owner Cormac Patrick S $82,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2024 11/19/24 Sold $130,000 0.0% $280 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $130,000 +41.3% $280 / Sq Ft
11/06/2017 11/06/17 Sold $92,000 -3.1% $198 / Sq Ft View Prior Sale
10/01/2017 10/01/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $94,990 -- $204 / 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 $2,947 $122,100 $12,200 $109,900
2023 $2,947 $122,100 $12,200 $109,900
2022 $2,802 $117,000 $12,200 $104,800
2021 $2,516 $107,300 $12,200 $95,100
2020 $2,577 $109,600 $12,200 $97,400
2019 $2,464 $102,800 $12,200 $90,600
2018 $2,164 $89,300 $12,200 $77,100
2017 $1,831 $84,200 $12,200 $72,000
2016 $1,609 $75,200 $12,200 $63,000
2014 $1,477 $68,300 $12,200 $56,100
2013 $2,127 $57,100 $12,200 $44,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22006970

MIBOR Broker Listing Cooperative®

APN: 49-11-01-223-136.000-101