NOT LISTED FOR SALE

Estimated Value: $675,850 - $889,000

3 Beds
2 Baths
2,315 Sq Ft
87 Sq Ft Lot

Last Sold September 04, 2014

Last sale price $492,600 $213 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,741/month

349 Days on Market

Highlights

  • Elevator
  • Walk-In Closet
  • Combination Kitchen and Dining Room
  • Thermal Windows
  • 1-Story Property
  • 3-minute walk to Indianapolis Cultural Trail

About This Home

As of September 2014

Three Mass Condos is located directly on historic Mass Ave in the heart of downtown Indy! This condo is finished and move-in ready!

Last Agent to Sell the Property

Meghan DeMars

Listed on: 08/14/2013

Last Buyer's Agent

Cyrus Jafari

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,710

Year Built

  • Built in 2011

Lot Details

  • 87

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,315 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 491101240256013101

Community Details

Overview

  • Association fees include custodian, entrance private, exercise room, insurance, maintenance, professional mgmt, snow removal, trash
  • Mid-Rise Condominium
  • Three Mass Condos Subdivision

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,710

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemp
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2013
  • Year Built: 2011
  • Garage Y N: Yes
  • Subdivision Name: THREE MASS CONDOS
  • Inspection Warranties: General
  • Property Description: Three Mass Condos is located directly on historic Mass Ave in the heart of downtown Indy! This condo is finished and move-in ready!
  • Transaction Type: Sale
  • Floor Number: 4
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 4
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Kit Exhaust, Electric Oven, Range Hood
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Windows Thermal, Walk-in Closet(s)
  • Living Area: 2315
  • Other Equipment: Elevator Common
  • Room Count: 5
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2315
  • Main Level Sq Ft: 2315
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2315
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick, Stucco
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • List Price: 499900
  • Association Maintained Building Exterior: 1
  • Construction Stage: Completed

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 1 Car Attached
  • Garage Parking Other: Assigned Parking

Utilities

  • Sewer: Sewer Connected
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Condo Description Location: Building Private Entry

Fee Information

  • Association Fee Includes: Custodian, Entrance Private, Exercise Room, Insurance, Maintenance, Professional Mgmt, Snow Removal, Trash
  • Mandatory Fee: 348

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240256013101
  • Acres: <1/4 Acre
  • Lot Number: 0
  • Lot Size: 0.00 AC

Tax Info

  • Tax Annual Amount: 10710
  • Semi Annual Property Tax Amt: 5355
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2017
Sold by
Lungu Virgil
Bought by
Hart Jeffrey A
Total Days on Market
349
Current Estimated Value
$772,283

Purchase Details

Listed on
Aug 14, 2013
Closed on
Sep 4, 2014
Sold by
Three Mass Condos Llc
Bought by
Lungu Virgil
Seller's Agent
Meghan DeMars
Buyer's Agent
Cyrus Jafari
List Price
$499,900
Sold Price
$492,600
Premium/Discount to List
-$7,300
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Original Mortgage
$24,630
Interest Rate
4.15%
Mortgage Type
Credit Line Revolving
Source: Public Records

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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
Hart Jeffrey A -- --
Lungu Virgil -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lungu Virgil $150,000
Previous Owner Lungu Virgil $24,630
Previous Owner Lungu Virgil $443,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2014 09/04/14 Sold $492,600 -1.5% $213 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
08/14/2013 08/14/13 For Sale $499,900 -- $216 / 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 $7,719 $635,700 $22,100 $613,600
2023 $7,719 $635,700 $22,100 $613,600
2022 $7,782 $635,700 $22,100 $613,600
2021 $7,248 $608,400 $20,100 $588,300
2020 $7,279 $608,400 $20,100 $588,300
2019 $7,235 $591,600 $20,100 $571,500
2018 $7,736 $625,700 $20,100 $605,600
2017 $6,475 $738,000 $20,100 $717,900
2016 $6,860 $650,900 $20,100 $630,800
2014 $2,631 $243,000 $20,100 $222,900
2013 $10,712 $221,000 $20,100 $200,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21250350

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-256.013-101