$247,500
SOLD FEB 8, 2018
1 Bed
1.5 Baths
1,056 Sq Ft
218 Sq Ft Lot

Recently Sold

$234 Per Sq Ft

4% Below List Price

13 Days on Market

Highlights

  • Vaulted Ceiling
  • Thermal Windows
  • Woodwork
  • Elevator
  • Intercom
  • 2-minute walk to University Park

About This Home

As of November 2022

Beautiful downtown condo located in the elegant and quiet HISTORIC INDIANAPOLIS ATHLETIC CLUB. High ceilings, gleaming hardwood floors and updated baths. Updated kitchen has stainless steel appliances, solid surface counters and tile back splash. Massive windows throughout the great room let you bask in natural light. Enjoy all the amenities the Indianapolis Athletic Club has to offer such as: Large Fitness Center, Basketball, Racquetball and Squash Courts, Game Room, Meeting Room, Virtual Golf and more. It's an easy walk to many downtown restaurants, bars, trails, shopping, event and sporting venues. Condo also includes one GARAGE PARKING SPACE and a STORAGE UNIT. The AMAZING CITY VIEWS from the shared roof top deck are breathtaking.

Last Agent to Sell the Property

Randy Farrell

United Real Estate Indpls License #RB14042100 Listed on: 12/27/2017

United Real Estate Indpls

Last Buyer's Agent

Kurt Flock

Flock Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,094

Year Built

  • Built in 1924

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Thermal Windows
  • Storage

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat

Listing and Financial Details

  • Assessor Parcel Number 491101240207040101

Community Details

Overview

  • Association fees include exercise room, insurance, maintenance, professional mgmt
  • Mid-Rise Condominium
  • Athletic Club Iac Lofts Subdivision
  • Property managed by Ardsley Management

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,094

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: 2017
  • Year Built: 1924
  • Garage Y N: Yes
  • Subdivision Name: ATHLETIC CLUB IAC LOFTS
  • Inspection Warranties: Not Applicable
  • Property Description: Beautiful downtown condo located in the elegant and quiet HISTORIC INDIANAPOLIS ATHLETIC CLUB. High ceilings, gleaming hardwood floors and updated baths. Updated kitchen has stainless steel appliances, solid surface counters and tile back splash. Massive windows throughout the great room let you bask in natural light. Enjoy all the amenities the Indianapolis Athletic Club has to offer such as: Large Fitness Center, Basketball, Racquetball and Squash Courts, Game Room, Meeting Room, Virtual Golf and more. It's an easy walk to many downtown restaurants, bars, trails, shopping, event and sporting venues. Condo also includes one GARAGE PARKING SPACE and a STORAGE UNIT. The AMAZING CITY VIEWS from the shared roof top deck are breathtaking.
  • Transaction Type: Sale
  • Floor Number: 4
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 4
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Raised Ceiling(s), Supplemental Storage, Windows Thermal, Wood Work Painted
  • Living Area: 1056
  • Other Equipment: Elevator Common, Intercom, Security Alarm Paid, Smoke Detector, Programmable Thermostat, Water-Softener Owned
  • Room Count: 4
  • Areas Interior: Laundry Closet,Laundry in Unit
  • Eating Area: Dining Combo/Great Room,Kitchen Galley,Kitchen Updated
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1056
  • Main Level Sq Ft: 1056
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Shower Stall Full,Suite
  • Total Sq Ft: 1056
  • 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: Block, Concrete Perimeter
  • List Price: 258000
  • Association Maintained Building Exterior: 1

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 1 Car Detached
  • Garage Parking Other: Assigned Parking,Shared Garage,Guest Street Parking,Keyless Entry,Storage Area
  • Num Parking Spaces: 1

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: Ardsley Management
  • Management Company Phone: 317-253-1401
  • Condo Description Location: Building Common Entry,Other/SeeRemarks
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Entrance Common, Exercise Room, Insurance, Insurance, Maintenance, Professional Mgmt
  • Mandatory Fee: 472

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240207040101
  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 411
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2094
  • Semi Annual Property Tax Amt: 1047
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

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%
Views
14
Current Estimated Value
$287,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,752
Avg. Annual Appreciation
4.37%
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
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 Type Sale Price Title Company
Deed $269,000 Chicago Title
Deed $247,500 --
Deed $247,500 Fidelity National Title Co L
Quit Claim Deed -- --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,000 New Conventional
Previous Owner $152,000 New Conventional
Previous Owner $152,000 Adjustable Rate Mortgage/ARM
Previous Owner $189,230 New Conventional
Previous Owner $35,480 Stand Alone Second
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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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21529605

MIBOR Broker Listing Cooperative®

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