NOT LISTED FOR SALE

251 N Park Ave Indianapolis, IN 46202

Lockerbie Square Neighborhood

Estimated Value: $1,839,000 - $2,051,396

3 Beds
3.5 Baths
4,738 Sq Ft
$403/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $1,500,000 $317 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $12,456/month

317 Days on Market

Highlights

  • 2 Fireplaces
  • Forced Air Heating and Cooling System
  • Combination Kitchen and Dining Room
  • 2 Car Attached Garage

About This Home

As of June 2020

Spectacular home with exceptional views of downtown. The 2 private balconies offer exceptional views of downtown and are perfect for entertaining. The balcony off the kitchen and dining area features a built-in grill while the other is located one level above and can be also accessed through the master suite. The designer kitchen features high-end Miele appliances, coffee station and refrigerated wine cabinet. The large livable open floor plan is furnished with high end finishes throughout. The large windows provide plenty of natural light throughout the home. The home also includes a large, private, heated garage with plenty of extra store space. Nearby Mass Ave offers Indy's best restaurants/nightlife just blocks away. A must see!

Last Agent to Sell the Property

Matt Urbanski

Springer Real Estate Co License #RB14033708 Listed on: 07/08/2019

Last Buyer's Agent

Elaina Musleh

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,000

Year Built

  • Built in 2019

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Bates & Fletchers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 49-11-01-187-108.002-101

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,000

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary,TraditonalAmerican
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2020
  • Year Built: 2019
  • Garage Y N: Yes
  • Lot Size Acres: 0.04
  • Subdivision Name: BATES & FLETCHERS
  • Inspection Warranties: General
  • Property Description: Spectacular home with exceptional views of downtown. The 2 private balconies offer exceptional views of downtown and are perfect for entertaining. The balcony off the kitchen and dining area features a built-in grill while the other is located one level above and can be also accessed through the master suite. The designer kitchen features high-end Miele appliances, coffee station and refrigerated wine cabinet. The large livable open floor plan is furnished with high end finishes throughout. The large windows provide plenty of natural light throughout the home. The home also includes a large, private, heated garage with plenty of extra store space. Nearby Mass Ave offers Indy's best restaurants/nightlife just blocks away. A must see!
  • Transaction Type: Sale
  • Lifestyles: Other/See Remarks
  • Special Features: NewHome

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Appliances: Gas Cooktop,Dishwasher,Disposal,Kit Exhaust,Microwave,Oven,Refrigerator,Warming Drawer,Wine Cooler
  • Levels: Three Or More
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room,Family Room,Gas Log,Living Room
  • Fireplaces: 2
  • Interior Amenities: Ceiling Vaulted,Walk-in Closet(s),Hardwood Floors,Storage,Wet Bar,Window Metal
  • Living Area: 4738
  • Other Equipment: Elevator Service,Gas Grill,Network Ready,Surround Sound,Programmable Thermostat,WetBar
  • Room Count: 8
  • Areas Interior: Foyer Large,Living Room Formal,Laundry Room Upstairs,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 4738
  • Main Level Sq Ft: 845
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Balcony,Closet Walk in,Shower Stall Full,Sinks Double,TubFull
  • Total Sq Ft: 4738
  • Kitchen Features: Breakfast Bar,Center Island
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 3893
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 1675000
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Balcony,Multiple Decks

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric,Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Storage Area
  • Garage Sq Ft: 601

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Condo Description Location: Other/SeeRemarks

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 49-11-01-187-108.002-101
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks
  • Lot Number: 510
  • Lot Size: 1873

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 13000
  • Semi Annual Property Tax Amt: 6500
  • Tax Exemption: Homestead Tax Exemption Filed Not Reflected,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Jun 3, 2020
Sold by
601 New York Street Llc
Bought by
Khoury Shadui
Seller's Agent
Matt Urbanski
Springer Real Estate Co
Buyer's Agent
Elaina Musleh
F.C. Tucker Company
List Price
$1,800,000
Sold Price
$1,500,000
Premium/Discount to List
-$300,000
-16.67%
Current Estimated Value
$1,911,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,132
Avg. Annual Appreciation
4.61%
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
Khoury Shadui $1,500,000 Royal Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khoury Shadi $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2020 06/03/20 Sold $1,500,000 -10.4% $317 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
02/19/2020 02/19/20 Price Changed $1,675,000 -1.4% $354 / Sq Ft
12/24/2019 12/24/19 Price Changed $1,699,000 -2.9% $359 / Sq Ft
10/11/2019 10/11/19 Price Changed $1,750,000 -2.8% $369 / Sq Ft
07/08/2019 07/08/19 For Sale $1,800,000 -- $380 / 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 $22,450 $1,655,500 $50,000 $1,605,500
2023 $22,450 $1,803,300 $50,000 $1,753,300
2022 $23,555 $1,859,300 $50,000 $1,809,300
2021 $18,076 $1,490,700 $47,800 $1,442,900
2020 $14,991 $645,900 $47,800 $598,100
2019 $15,134 $639,700 $47,800 $591,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Matt Urbanski

    Springer Real Estate Co

    (317) 281-5107

    1 in this area

    14 Total Sales

    Matt Urbanski
    Section Image

  • E

    Buyer's Agent in 2020

    Elaina Musleh

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21652190

MIBOR Broker Listing Cooperative®

APN: 49-11-01-187-108.002-101

Indiana Marion County Indianapolis 46202 Lockerbie Square

251 N Park Ave, Indianapolis, IN

This home is located at 251 N Park Ave, Indianapolis, IN 46202 since 08 July 2019 and is currently estimated at $1,911,132, approximately $403 per square foot. This property was built in 2019. 251 N Park Ave 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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