NOT LISTED FOR SALE

304 N College Ave Unit A Indianapolis, IN 46202

Lockerbie Square Neighborhood

Estimated Value: $558,000 - $676,000

3 Beds
3 Baths
2,211 Sq Ft
$278/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $455,600 $206 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,182/month

234 Days on Market

Highlights

  • Deck
  • Detached Garage
  • Combination Kitchen and Dining Room

About This Home

As of November 2021

THIS IS AN INVESTORS DREAM-priced to sell. Check out this 3 bed, 2.5 bath in Lockerbie-connected to a second unit- rent out or use as an AirBNB--selling FULLY furnished. Each unit has a unique and different floorplan from one another. The kitchen welcomes you with granite counters and stainless steel appliances. It flows nicely from the dining area into the open living space featuring a large fireplace. Beautiful hardwoods, a spacious master bath, walk-in master closet and garage parking are just a few features of this luxury condo. The third level offers a bonus area that could easily be utilized as a fourth bedroom. This location can't be beat-- steps from Vida, St. Josephs Brewery, Mass Ave and the Cultural Trail. Bonus: NEW ROOF!

Last Agent to Sell the Property

Bethany Little

Hoosier, REALTORS® License #RB18001178 Listed on: 02/17/2021

Last Buyer's Agent

Adrienne Johnson

Luxcity Realty

Luxcity Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,588

Year Built

  • 1890

Lot Details

  • 2,396

Parking

  • Detached Garage

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Combination Kitchen and Dining Room
  • Deck

Community Details

  • Property managed by Self-managed
  • The community has rules related to covenants, conditions, and restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,588

Year Built

1890

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: MN
  • Lifestyles: Other/See Remarks
  • Unit Entry Level: ML
  • Architectural Style: Multi-Level
  • Directions: Intersection of Meridian and New York: East on New York to the building on the Northwest Corner of New York and College. Building entry at North end structure in garage area. Unit A on left.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Subdivision Name: HOFMEISTER
  • Special Features: None
  • Year Built: 1890

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Bar Fridge, Washer
  • Fireplace Features: Gas Starter, Great Room
  • Areas Interior: Laundry Room Upstairs,Other
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2211
  • Main Level Sq Ft: 900
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Sinks Double,Suite,Tub Full with Separate Shower,Tub Whirlpool
  • Kitchen Features: Breakfast Bar,Center Island,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1311
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors
  • Other Equipment: Smoke Detector

Exterior Features

  • Exterior Features: Driveway Asphalt
  • Foundation Details: Crawl Space, Other
  • Association Maintained Building Exterior: 0
  • Construction Stage: Completed
  • Porch: Deck UP
  • Common Walls: 1 Common Wall
  • Construction Type: Brick, Wood
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Guest Street Parking
  • Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Management Company Name: Self-managed
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Common Entry,Other/SeeRemarks
  • Condo Type: Horizontal
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Entrance Common

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Street Lights
  • Lot Number: 8
  • Lot Size: 48x100

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 2294
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Annual Amount: 4588
  • Tax Year: 2020

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Jan 4, 2022
Sold by
Litt Holdings Llc
Bought by
Nitsche Derrick
Seller's Agent
Bethany Little
Hoosier, REALTORS®
Buyer's Agent
Adrienne Johnson
Luxcity Realty
Sold Price
$455,600
Current Estimated Value
$615,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,954
Avg. Annual Appreciation
7.67%
Original Mortgage
$410,040
Outstanding Balance
$374,642
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$240,912

Purchase Details

Listed on
Feb 17, 2021
Closed on
Nov 15, 2021
Sold by
Litt Holdings Llc
Bought by
Nitsche Derrick
Seller's Agent
Bethany Little
Hoosier, REALTORS®
Buyer's Agent
Adrienne Johnson
Luxcity Realty
Sold Price
$455,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,040
Outstanding Balance
$374,642
Interest Rate
2.63%
Mortgage Type
New Conventional
Estimated Equity
$240,912

Purchase Details

Closed on
Sep 16, 2019
Sold by
Iglehart Kenton T and Colvin Sarah A
Bought by
Litt Holding Llc

Purchase Details

Closed on
Apr 10, 2012
Sold by
Paul Tim
Bought by
Tower Lien Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nitsche Derrick $545,353 Hall Render Killian Heath & Ly
Nitsche Derrick $455,600 Hall Render Killian Heath & Ly
Litt Holding Llc $445,000 First American Title Insurance
Tower Lien Llc $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nitsche Derrick $410,040
Previous Owner Nitsche Derrick $410,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2021 11/15/21 Sold $455,600 0.0% $206 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
08/22/2021 08/22/21 For Sale -- -- --
05/27/2021 05/27/21 Off Market $455,600 -- --
04/17/2021 04/17/21 Price Changed $480,000 -1.0% $217 / Sq Ft
03/04/2021 03/04/21 Price Changed $485,000 -4.9% $219 / Sq Ft
02/17/2021 02/17/21 For Sale $510,000 +85.5% $231 / Sq Ft
06/24/2013 06/24/13 Sold $275,000 -5.1% $124 / Sq Ft View Prior Sale
03/15/2013 03/15/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $289,900 -- $131 / 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 $11,341 $439,300 $50,200 $389,100
2023 $11,341 $475,200 $50,200 $425,000
2022 $10,971 $488,700 $50,200 $438,500
2021 $8,614 $370,500 $23,300 $347,200
2020 $9,060 $388,400 $23,300 $365,100
2019 $4,652 $381,000 $23,300 $357,700
2018 $4,186 $340,100 $47,900 $292,200
2017 $3,669 $337,600 $47,900 $289,700
2016 $3,582 $337,600 $47,900 $289,700
2014 $3,637 $334,800 $47,900 $286,900
2013 $7,253 $334,800 $47,900 $286,900
Source: Public Records

Agents Affiliated with this Home

  • Bethany Little

    Seller's Agent in 2021

    Bethany Little

    Hoosier, REALTORS®

    (317) 372-7124

    2 in this area

    69 Total Sales

    Bethany Little
    Section Image

  • A

    Buyer's Agent in 2021

    Adrienne Johnson

    Luxcity Realty

    Section Image

  • E

    Seller's Agent in 2013

    Eric Gebauer

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2013

    Matthew Kressley

    F.C. Tucker Company

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21766128

MIBOR Broker Listing Cooperative®

APN: 49-11-01-245-012.001-101

Indiana Marion County Indianapolis 46202 Lockerbie Square

304 N College Ave Unit A, Indianapolis, IN

Not Listed for Sale

Detached

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