NOT LISTED FOR SALE

Estimated Value: $276,667 - $339,000

1 Bed
1.5 Baths
1,056 Sq Ft
$471/mo HOA Fee

Last Sold November 24, 2022

Last sale price $269,000 $255 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,434/month

90 Days on Market

Highlights

  • Vaulted Ceiling
  • Galley Kitchen
  • Intercom
  • Wood Flooring
  • 1 Car Attached Garage
  • 2-minute walk to University Park

About This Home

As of November 2022

Exclusive to downtown area condos, this building offers its owners all of the Indianapolis Athletic Club amenities -- full-size basketball court, squash court, racquetball court, full gym, billiards room w/foosball, golf simulator, private rooftop deck with w/expansive 360-degree cityscape views -- plus its private lounge & meeting rooms. Steps away from all things downtown, food, entertainment, sporting events, and the Circle. This is a beautiful 1 BR, 1-1/2 bath unit that has an open living/Dining Rm with 10-12 ft ceilings. The kitchen features maple cabinets, Granite counters, tile backsplash, and SS appliances. Water Softener included along with Washer and Dryer. Assigned one car parking space in the attached garage.

Last Listed By

Wes Johnston

Trueblood Real Estate Brokerage Email: wes@truebloodre.com License #RB18001276 Listed on: 07/01/2022

Trueblood Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,334

Year Built

  • Built in 1924

Lot Details

  • 218

HOA Fees

  • $471 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family or Dining Combination
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • Association fees include home owners, exercise room, insurance, maintenance structure, maintenance, management
  • Association Phone (317) 253-1401
  • Mid-Rise Condominium
  • Athletic Club Iac Lofts Subdivision
  • Property managed by Ardsley
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 491101240207040101

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,334

Year Built

Built in 1924

Lot Details

0

HOA Fees

$471 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1924
  • Building Area Total: 1056
  • Garage Y N: Yes
  • Subdivision Name: Athletic Club Iac Lofts
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: https://www.truebloodre.com/
  • Floor Number: 4
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 4
  • Website: https://my.matterport.com/show/?m=Mh2rRPqA1j8&brand=0
  • MBR_AttributionContact: wes@truebloodre.com
  • Attribution Contact: wes@truebloodre.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Raised Ceiling(s), Hardwood Floors, Supplemental Storage, Elevator
  • Living Area: 1056
  • Main Level Bedrooms: 1
  • Other Equipment: Intercom
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1056
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Galley
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block, Poured Concrete
  • List Price: 279000

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Attached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Electric
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 471
  • Association Fee Frequency: Monthly
  • Association Phone: 317-253-1401
  • Association YN: Yes
  • Management Company Name: Ardsley
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Common Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Exercise Room, Insurance, Maintenance Structure, Maintenance, Management

Lot Info

  • Lot Features: Sidewalks, Street Lights
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 226
  • Parcel Number: 491101240207040101
  • Acres: CndHPRCoop

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 6334
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 3167
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Nov 21, 2022
Sold by
Harvey Weingarten and Harvey Carin S
Bought by
Frederick Edward T
Seller's Agent
Wes Johnston
Trueblood Real Estate
Buyer's Agent
David Brenton
DAVID BRENTON'S TEAM
List Price
$279,000
Sold Price
$269,000
Premium/Discount to List
-$10,000
-3.58%
Total Days on Market
90
Views
14
Current Estimated Value
$301,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,167
Avg. Annual Appreciation
4.72%
Original Mortgage
$119,000
Outstanding Balance
$116,015
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$185,152

Purchase Details

Listed on
Dec 27, 2017
Closed on
Feb 8, 2018
Sold by
Nahmias Rayce A
Seller's Agent
Randy Farrell
United Real Estate Indpls
Buyer's Agent
Kurt Flock
Flock Realty, Inc.
List Price
$258,000
Sold Price
$247,500
Premium/Discount to List
-$10,500
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%

Purchase Details

Closed on
Mar 15, 2013
Sold by
Robins Helen G
Bought by
Nahmias Rayce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2011
Sold by
Grant Aaron
Bought by
Nahmias Rayce A and Robins Helen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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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
Frederick Edward T $269,000 Chicago Title
-- $247,500 --
Weingarten Trust $247,500 Fidelity National Title Co L
Nahmias Rayce A -- --
Nahmias Rayce A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frederick Edward T $119,000
Previous Owner Nahmias Rayce A $152,000
Previous Owner Nahmias Rayce A $152,000
Previous Owner Grant Aaron D $189,230
Previous Owner Grant Aaron D $35,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2022 11/24/22 Sold $269,000 -3.6% $255 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $279,000 +12.7% $264 / Sq Ft
02/08/2018 02/08/18 Sold $247,500 -4.1% $234 / Sq Ft
12/27/2017 12/27/17 For Sale $258,000 -- $244 / 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 $3,526 $284,400 $30,800 $253,600
2023 $3,526 $292,900 $30,800 $262,100
2022 $3,626 $295,300 $30,800 $264,500
2021 $6,384 $274,600 $30,800 $243,800
2020 $6,436 $275,800 $30,800 $245,000
2019 $6,021 $253,000 $30,800 $222,200
2018 $2,384 $197,000 $30,800 $166,200
2017 $2,117 $195,300 $30,800 $164,500
2016 $2,094 $197,300 $30,800 $166,500
2014 $4,211 $240,400 $30,800 $209,600
2013 $2,831 $255,800 $30,800 $225,000
Source: Public Records

Agents Affiliated with this Home

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 21866964

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-207.040-101