NOT LISTED FOR SALE

Estimated Value: $580,000 - $625,982

2 Beds
2.5 Baths
2,017 Sq Ft
436 Sq Ft Lot

Last Sold January 17, 2014

Last sale price $360,000 $178 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,993/month

199 Days on Market

Highlights

  • Vaulted Ceiling
  • Thermal Windows
  • Intercom
  • Elevator
  • Built-in Bookshelves
  • 2-minute walk to University Park

About This Home

As of January 2014

Spectacular 2-3 BR luxury condo in the historic Indpls Athletic Club. Quality finishes include bamboo flrs, gourmet kitchen w/granite & s/s appls, built in wall units in LR/MBR, surround sound, grand MBath, WICs. This comes w/its own PRIVATE oversized 2 car garage! Enjoy the fitness center & bball courts inside. 3 BR can be used as a den. Across from University Park, you can walk to the Circle, Mass Ave, IUPUI or the canal. Very open floor plan. Exemptions not filed!

Last Listed By

Dave Piccolo-Realtor

@properties License #RB14030849 Listed on: 05/02/2013

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1924

Lot Details

  • 436

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,017 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Thermal Windows

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Additional Features

  • Handicap Accessible
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 491101240207011101

Community Details

Overview

  • Association fees include exercise room, insurance, maintenance, professional mgmt, snow removal, trash
  • Athletic Club Iac Lofts Subdivision

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1924
  • Garage Y N: Yes
  • Subdivision Name: ATHLETIC CLUB IAC LOFTS
  • Inspection Warranties: Not Applicable
  • Property Description: Spectacular 2-3 BR luxury condo in the historic Indpls Athletic Club. Quality finishes include bamboo flrs, gourmet kitchen w/granite & s/s appls, built in wall units in LR/MBR, surround sound, grand MBath, WICs. This comes w/its own PRIVATE oversized 2 car garage! Enjoy the fitness center & bball courts inside. 3 BR can be used as a den. Across from University Park, you can walk to the Circle, Mass Ave, IUPUI or the canal. Very open floor plan. Exemptions not filed!
  • Transaction Type: Sale
  • Floor Number: 7
  • Unit Entry Level: 7
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Built In Book Shelves, Raised Ceiling(s), Handicap Accessible Interior, Windows Thermal, Walk-in Closet(s)
  • Living Area: 2017
  • Other Equipment: Elevator Common, Intercom, Security Alarm Paid, Smoke Detector
  • Room Count: 7
  • Areas Interior: Bath Sinks Dbl Main,Foyer Large,Bedroom Other on Main
  • Eating Area: Breakfast Bar,Formal Dining Room,Kitchen Updated
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 2017
  • Main Level Sq Ft: 2017
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Sinks Double,Shower Stall Full,Handicp Access,Closet Walk in
  • Total Sq Ft: 2017
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 389900
  • Association Maintained Building Exterior: 1
  • Porch: No Maintenance,Rooftop

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Detached
  • Garage Parking Other: Garage Door Opener,Guest Street Parking

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Condo Description Location: Building Common Entry,Upper Level

Fee Information

  • Association Fee Includes: Exercise Room, Insurance, Maintenance, Professional Mgmt, Snow Removal, Trash
  • Mandatory Fee: 625

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240207011101
  • Acres: CndHPRCoop
  • Lot Number: 0
  • Lot Size: 0

Tax Info

  • Tax Annual Amount: 10560
  • Semi Annual Property Tax Amt: 5280
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
Jan 17, 2014
Sold by
Gill Jack M
Bought by
Cave Melissa D and Kearton John
Seller's Agent
Dave Piccolo-Realtor
@properties
Buyer's Agent
Matt McLaughlin
F.C. Tucker Company
List Price
$415,000
Sold Price
$360,000
Premium/Discount to List
-$55,000
-13.25%
Total Days on Market
199
Current Estimated Value
$603,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,994
Avg. Annual Appreciation
4.66%
Original Mortgage
$324,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Hearthview Athletic Club Llc
Bought by
The Jack And Linda Gill Management Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,920
Interest Rate
6.2%
Mortgage Type
New Conventional

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
Cave Melissa D $360,000 Lawyers Title
Cave Melissa D -- Fidelity National Title
The Jack And Linda Gill Management Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cave Melissa D $272,000
Closed Cave Melissa D $324,000
Previous Owner The Jack And Linda Gill Management Trust $395,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2014 01/17/14 Sold $360,000 -7.7% $178 / Sq Ft
10/21/2013 10/21/13 Price Changed $389,900 -2.5% $193 / Sq Ft
08/14/2013 08/14/13 Price Changed $400,000 -3.6% $198 / Sq Ft
05/02/2013 05/02/13 For Sale $415,000 -- $206 / 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 $7,357 $588,400 $59,300 $529,100
2023 $7,357 $606,100 $59,300 $546,800
2022 $7,576 $611,100 $59,300 $551,800
2021 $6,728 $565,000 $59,300 $505,700
2020 $6,798 $567,700 $59,300 $508,400
2019 $6,363 $520,100 $59,300 $460,800
2018 $6,268 $507,200 $59,300 $447,900
2017 $5,458 $504,300 $59,300 $445,000
2016 $5,329 $505,000 $59,300 $445,700
2014 $5,403 $494,700 $59,300 $435,400
2013 $11,618 $526,700 $59,300 $467,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21229655

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-207.011-101