NOT LISTED FOR SALE

Indianapolis Athletic Club Condos 350 N Meridian St Unit 406 Indianapolis, IN 46204

North Meridian Neighborhood

Estimated Value: $319,000 - $377,000

2 Beds
2 Baths
1,430 Sq Ft
261 Sq Ft Lot

Last Sold October 06, 2017

Last sale price $415,000 $290 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $2,662/month

4 Days on Market

Highlights

  • Rooftop Deck
  • Tray Ceiling
  • Security System Owned
  • Thermal Windows
  • Walk-In Closet
  • 2-minute walk to University Park

About This Home

As of October 2017

The Historic Indianapolis Athletic Club is one of the city's most prestigious residences and one of the best locations downtown. This fabulous renovated and secured building has amazing amenities. Live like you're on vacation with fitness center, basketball, golf simulator, pool table and game room, private conference room, storage and rooftop patio. Unit #406 has been for corporate clients, so never really lived in and could be purchased totally furnished! 11' ceilings with custom lighting and tray ceiling. Professionally decorated with granite, stainless, cool new lighting, new paint and flooring. Spa like bathrooms. Custom remote blinds on huge beautiful windows. 2 parking spots and its own secured storage unit.

Last Agent to Sell the Property

Stacey Sobczak

Compass Indiana, LLC License #RB14050785 Listed on: 08/23/2017

Compass Indiana, LLC

Last Buyer's Agent

Margaret D'Souza

Red Door Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,820

Year Built

  • Built in 1924

Lot Details

  • 261

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Thermal Windows
  • Aluminum Window Frames
  • Security System Owned

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Additional Features

  • Rooftop Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 491101240207036101

Community Details

Overview

  • Association fees include common cooling, exercise room, common heat, insurance, ground maintenance, putting green, trash, sewer
  • Athletic Club Iac Lofts Subdivision
  • Property managed by IAC Loft Owners Asscn.

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,820

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Historic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1924
  • Garage Y N: Yes
  • Subdivision Name: ATHLETIC CLUB IAC LOFTS
  • Inspection Warranties: Not Applicable
  • Property Description: The Historic Indianapolis Athletic Club is one of the city's most prestigious residences and one of the best locations downtown. This fabulous renovated and secured building has amazing amenities. Live like you're on vacation with fitness center, basketball, golf simulator, pool table and game room, private conference room, storage and rooftop patio. Unit #406 has been for corporate clients, so never really lived in and could be purchased totally furnished! 11' ceilings with custom lighting and tray ceiling. Professionally decorated with granite, stainless, cool new lighting, new paint and flooring. Spa like bathrooms. Custom remote blinds on huge beautiful windows. 2 parking spots and its own secured storage unit.
  • Transaction Type: Sale
  • Floor Number: 4
  • Unit Entry Level: 4
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Tray Ceiling(s), Walk-in Closet(s), Window Metal, Windows Thermal
  • Living Area: 1430
  • Other Equipment: Security Alarm Paid, Smoke Detector
  • Room Count: 6
  • Areas Interior: Bath Sinks Dbl Main,Laundry in Unit
  • Eating Area: Breakfast Bar,Dining Combo/Great Room,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1430
  • Main Level Sq Ft: 1430
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Suite
  • Total Sq Ft: 1430
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • List Price: 415000
  • Association Maintained Building Exterior: 1
  • Porch: Rooftop

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: Other
  • Garage Parking Other: Assigned Parking,Assigned Parking Outside,Shared Garage
  • Num Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: IAC Loft Owners Asscn.
  • Management Company Phone: 317-253-1401
  • Condo Description Location: Building Common Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Common Cooling, Entrance Common, Exercise Room, Common Heat, Insurance, Maintenance Grounds, Putting Green, Trash, Sewer
  • Mandatory Fee: 573

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240207036101
  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 0
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 6820
  • Semi Annual Property Tax Amt: 3410
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
Stornant Michael D
Bought by
Stornant Domenic M
Current Estimated Value
$340,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$239,150
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$101,605

Purchase Details

Closed on
Jul 15, 2024
Sold by
Maurice Frederick J and Nelsen-Maurice Carol D
Bought by
Stornant Domenic M and Stornant Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2024
Sold by
Maurice Frederick J and Nelsen-Maurice Carol D
Bought by
Stornant Domenic M and Stornant Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2017
Closed on
Oct 6, 2017
Sold by
Member Benjamin D and Member Lanius
Bought by
Carol D
Seller's Agent
Stacey Sobczak
Compass Indiana, LLC
Buyer's Agent
Margaret D'Souza
Red Door Real Estate
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.46%
Original Mortgage
$265,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2014
Closed on
Mar 10, 2015
Sold by
Aguilar Jesus
Bought by
Oakmont Properties Llc
Seller's Agent
Mike Taylor
Red Door Real Estate
Buyer's Agent
Tony Coykendall
F.C. Tucker Company
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%

Purchase Details

Closed on
Aug 5, 2011
Sold by
Lechleiter Daniel M
Bought by
Aguilar Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,550
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2008
Sold by
Lechleiter Emily L
Bought by
Lechleiter Daniel M

Purchase Details

Closed on
Jun 26, 2006
Sold by
Hearthveiw Athletic Club Llc
Bought by
Lechleiter Daniel W and Lechleiter Emily L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,774
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Stornant Domenic M -- Chicago Title
Stornant Domenic M -- None Listed On Document
Stornant Domenic M $320,000 None Listed On Document
Carol D $415,000 --
Maurice Frederick J $415,000 Meridian Title Corporation
Oakmont Properties Llc -- None Available
Aguilar Jesus -- Investors Titlecorp
Lechleiter Daniel M -- None Available
Lechleiter Daniel W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stornant Domenic M $240,000
Previous Owner Stornant Domenic Michael $240,000
Previous Owner Maurice Frederick J $265,000
Previous Owner Aguilar Jesus $341,550
Previous Owner Lechleiter Daniel M $272,000
Previous Owner Lechleiter Daniel M $255,000
Previous Owner Lechleiter Daniel M $42,300
Previous Owner Lechleiter Daniel W $255,774
Previous Owner Lechleiter Daniel M $47,638
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $415,000 0.0% $290 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $415,000 +6.4% $290 / Sq Ft
03/10/2015 03/10/15 Sold $390,000 -2.5% $273 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
09/16/2014 09/16/14 For Sale $399,900 -- $280 / 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 $9,840 $396,900 $37,300 $359,600
2023 $9,840 $412,700 $37,300 $375,400
2022 $9,995 $416,100 $37,300 $378,800
2021 $8,938 $385,300 $37,300 $348,000
2020 $9,011 $387,000 $37,300 $349,700
2019 $4,310 $353,800 $37,300 $316,500
2018 $4,241 $344,800 $37,300 $307,500
2017 $3,554 $328,000 $37,300 $290,700
2016 $6,865 $328,200 $37,300 $290,900
2014 $6,931 $320,800 $37,300 $283,500
2013 $7,099 $341,600 $37,300 $304,300
Source: Public Records

Agents Affiliated with this Home

  • Stacey Sobczak

    Seller's Agent in 2017

    Stacey Sobczak

    Compass Indiana, LLC

    (317) 650-6736

    171 Total Sales

    Stacey Sobczak
    Section Image

  • M

    Buyer's Agent in 2017

    Margaret D'Souza

    Red Door Real Estate

    Section Image

  • M

    Seller's Agent in 2015

    Mike Taylor

    Red Door Real Estate

    (317) 362-4064

    1 in this area

    35 Total Sales

    Mike Taylor
    Section Image

  • T

    Buyer's Agent in 2015

    Tony Coykendall

    F.C. Tucker Company

    Section Image
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About Indianapolis Athletic Club Condos

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21506142

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-207.036-101

Indiana Marion County Indianapolis 46204 North Meridian

350 N Meridian St Unit 406, Indianapolis, IN

This home is located at 350 N Meridian St Unit 406, Indianapolis, IN 46204 since 23 August 2017 and is currently estimated at $340,755, approximately $238 per square foot. This property was built in 1924. 350 N Meridian St Unit 406 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 No. 721.

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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