$312,000 - $338,000
RENTED JUN 10, 2025
2 Beds
2.5 Baths
1,318 Sq Ft
1924 Built

Highlights

  • Fitness Center
  • Wood Flooring
  • Racquetball
  • Rooftop Deck
  • Corner Lot
  • 2-minute walk to University Park

About This Home

As of June 2025

Indianapolis has so much to offer in parks, recreation, entertainment and culture, history and much of this is out your front door or in close proximity to this amazing condo! A piece of Indianapolis history, the Indianapolis Athletic Club where this condo is housed, dates back to 1886 and the building dates back to 1922! The IAC building now houses condos and terrific amenities! The condo available was renovated in 2006 and is two bedroom and 2.5 baths. Each bedroom has an ensuite bathroom. There is a foyer, guest bathroom, laundry room (washer and dryer included), galley kitchen with stainless steel appliances, pantry and a breakfast bar (accommodating 3-4 bar stools), dining area and a living room. The building includes racquetball, handball and basketball courts, exercise area, game room, meeting rooms, two lounges, mailroom for all of your packages and personal mail, and a beautiful details such as marble, brass, terrazzo, high ceilings and all that you would expect in a glorious, Italianate building! Enjoy a view of downtown sky line from the roof top! Easy to show! The condo includes two parking places, one on open lot to the south of the building and another in covered, secured parking in connected garage to the west of the building. Walk to work in downtown Indianapolis!

Last Agent to Rent the Property

Alice Steppe

Real Broker, LLC Brokerage Email: asteppe@alicesteppe.com License #RB14034953 Listed on: 04/07/2025

Last Renter's Agent

Chuck Pennington

Victor & Valor Property Group License #RB14050856

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1924

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,318 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Thermal Windows
  • Window Screens
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Intercom
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Rooftop Deck

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $2,350
  • Property Available on 4/7/25
  • Tenant pays for all utilities, insurance
  • The owner pays for ho fee, insurance
  • Application Fee: 0
  • Assessor Parcel Number 491101240207080101

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include home owners, sewer, exercise room, insurance, laundry connection in unit, maintenance structure, maintenance, snow removal
  • Association Phone (317) 253-1401
  • Mid-Rise Condominium
  • Athletic Club Iac Lofts Subdivision
  • Property managed by Ardsley Management

Recreation

  • Racquetball
  • Park

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1924

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-04-07
  • Lease Amount: 2350
  • Tenant Pays: All Utilities, Insurance
  • Min Lease Req: 12
  • Security Deposit: 2350
  • Smoking: No
  • Application Fee: 0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1924
  • Building Area Total: 1318
  • Garage Y N: No
  • Subdivision Name: Athletic Club Iac Lofts
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • Floor Number: 2
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: asteppe@alicesteppe.com
  • Attribution Contact: asteppe@alicesteppe.com
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Bath Sinks Double Main, Breakfast Bar, Elevator, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, Network Ready, Pantry, Screens Complete, Walk-in Closet(s), Windows Thermal, Wood Work Painted
  • Living Area: 1318
  • Main Level Bedrooms: 2
  • Other Equipment: Intercom, Smoke Alarm
  • Owner Pays: HO Association Fee, Insurance
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1318
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Galley
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Slab
  • List Price: 2350
  • Patio And Porch Features: Rooftop

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Other
  • Garage Parking Other: Assigned Parking Outside,Shared Garage

Utilities

  • Heating: Forced Air, Natural Gas, Heat Pump, Other
  • Laundry Features: Laundry Room
  • Water Source: Community Water
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Coin Laundry, Exercise Course, Fitness Center, Game Court Interior, Insurance, Laundry, Maintenance, Snow Removal
  • Association Phone: 317-253-1401
  • Association YN: Yes
  • Community Features: Fitness Center, Park, Racquetball, Sidewalks
  • Pets Allowed: No
  • Management Company Name: Ardsley Management
  • Condo Description Location: Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Sewer, Entrance Common, Exercise Room, Insurance, Laundry Connection In Unit, Maintenance Structure, Maintenance, Snow Removal

Lot Info

  • Lot Features: Corner Lot
  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Parcel Number: 491101240207080101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 8194
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 4097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2006
Sold by
Hearthview Athletic Club Llc
Bought by
Trowbridge William F and Trowbridge Aasha
Current Estimated Value
$324,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,787
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Trowbridge William F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trowbridge William F $219,000
Closed Trowbridge William F $241,787
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Rented $2,350 0.0% --
05/13/2025 05/13/25 Under Contract -- -- --
04/07/2025 04/07/25 For Rent $2,350 -- --
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 $8,244 $335,500 $38,700 $296,800
2023 $8,244 $345,400 $38,700 $306,700
2022 $8,380 $348,300 $38,700 $309,600
2021 $7,515 $323,600 $38,700 $284,900
2020 $10,754 $462,300 $38,700 $423,600
2019 $10,001 $421,600 $38,700 $382,900
2018 $9,841 $411,100 $38,700 $372,400
2017 $8,716 $408,300 $38,700 $369,600
2016 $8,503 $407,000 $38,700 $368,300
2014 $8,568 $396,300 $38,700 $357,600
2013 $8,786 $422,600 $38,700 $383,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22030013

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-207.080-101