NOT LISTED FOR SALE

Estimated Value: $439,851 - $493,000

2 Beds
2 Baths
1,535 Sq Ft
$687/mo HOA Fee

Last Sold April 18, 2019

Last sale price $350,000 $228 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,215/month

Highlights

  • Rooftop Deck
  • Elevator
  • Walk-In Closet
  • Wood Flooring
  • Woodwork
  • 2-minute walk to University Park

About This Home

As of October 2022

Located in the heart of downtown in the Historic Athletic Club, this 7th floor corner unit boasts abundant natural light and some of the best views in the city including the War Memorial, University Park and the Cathedral on Monument Circle. The open floor plan features wide plank wood floors, stainless steel appliances, granite counters, dining area, plenty of space for home office, spacious owner's suite w/generous walk-in closet, dual sinks and large shower. Enjoy the awesome location just minutes from Mass Ave, Monument Circle, the Canal, and Bottleworks and take advantage of amenities not found in other downtown condos including fitness center, full basketball gym, racquetball/squash courts, virtual golf, rooftop deck and more!

Last Agent to Rent the Property

Bif Ward

F.C. Tucker Company Listed on: 10/10/2022

F.C. Tucker Company

Co-Listed By

Casey Ward-Lewis

F.C. Tucker Company

F.C. Tucker Company

Last Renter's Agent

Casley Ward Lewis

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1924

Lot Details

  • 348

HOA Fees

  • $687 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 7th floor
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,535 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Combination Kitchen and Dining Room
  • Monitored

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

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

  • Security Deposit $2,000
  • Tenant pays for insurance, all utilities
  • The owner pays for dues mandatory, taxes
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 491101240207062101

Community Details

Overview

  • Association fees include exercise room, insurance, ground maintenance, maintenance structure, maintenance, snow removal, trash
  • Athletic Club Iac Lofts Subdivision
  • Property managed by Ardsley
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1924

Lot Details

0

HOA Fees

$687 per month

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Insurance, All Utilities
  • Lease Price: 2000.00
  • Min Lease Req: 12
  • Security Deposit: 2000

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1924
  • Building Area Total: 1535
  • Co List Office Phone: 317-843-7766
  • Garage Y N: Yes
  • Subdivision Name: ATHLETIC CLUB IAC LOFTS
  • Inspection Warranties: General,Not Applicable
  • Transaction Type: Lease
  • Floor Number: 7
  • Lifestyles: Loft,Mid Rise/High Rise
  • Unit Entry Level: 7
  • MBR_AttributionContact: bif@talktotucker.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closet(s), Hardwood Floors, Wood Work Painted
  • Other Equipment: Elevator Common, Security Alarm Monitored, Smoke Detector, Water-Softener Owned
  • Owner Pays: Dues Mandatory, Taxes
  • Areas Interior: Bedroom Other on Main,Foyer Large,Living Room Formal,Laundry in Unit
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1535
  • Main Level Sq Ft: 1535
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Suite
  • Kitchen Features: Breakfast Bar,Center Island,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 2000
  • Association Maintained Building Exterior: 1
  • Porch: Rooftop

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Attached,Other
  • Garage Parking Other: Assigned Parking,Assigned Parking Outside,Keyless Entry

Utilities

  • Sewer: Community Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Community Water
  • Solid Waste: 1
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 687
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Management Company Name: Ardsley
  • Management Company Phone: 317-253-1401
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Common Entry,Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Entrance Common, Exercise Room, Insurance, Maintenance Grounds, Maintenance Structure, Maintenance, Snow Removal, Trash

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240207062101
  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 0
  • Lot Size: 01

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 11422
  • Semi Annual Property Tax Amt: 5711
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Apr 18, 2019
Sold by
Hrisomalos Nicholas F and Hrisomalos Joanne
Bought by
Ehrman Mark W and Ehrman Karen O
Seller's Agent
Courtney Bennett
F.C. Tucker Company
Buyer's Agent
Ryan Schramke
Redfin Corporation
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$465,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,284
Avg. Annual Appreciation
3.59%
Original Mortgage
$280,000
Interest Rate
4.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 3, 2006
Sold by
Hearthview Athletic Club Llc
Bought by
Hrismalos Nicholas F and Hrismalos Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,900
Interest Rate
6.54%
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
Ehrman Mark W -- None Available
Hrismalos Nicholas F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ehrman Mark W $276,000
Closed Ehrman Mark W $280,000
Previous Owner Hrismalos Nicholas F $323,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Rented $2,000 0.0% --
10/10/2022 10/10/22 For Rent $2,000 0.0% --
04/18/2019 04/18/19 Sold $350,000 0.0% $228 / Sq Ft
03/03/2019 03/03/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $350,000 -- $228 / 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 $12,589 $513,000 $44,900 $468,100
2023 $12,589 $528,600 $44,900 $483,700
2022 $12,797 $533,100 $44,900 $488,200
2021 $11,422 $493,000 $44,900 $448,100
2020 $11,521 $495,400 $44,900 $450,500
2019 $10,731 $452,500 $44,900 $407,600
2018 $10,558 $441,200 $44,900 $396,300
2017 $9,351 $438,200 $44,900 $393,300
2016 $9,136 $437,500 $44,900 $392,600
2014 $9,230 $426,900 $44,900 $382,000
2013 $10,050 $455,100 $44,900 $410,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21887695

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-207.062-101