NOT LISTED FOR SALE

Estimated Value: $389,905 - $460,000

2 Beds
2.5 Baths
1,702 Sq Ft
$765/mo HOA Fee

Last Sold July 12, 2019

Last sale price $362,500 $213 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,436/month

172 Days on Market

Highlights

  • Rooftop Deck
  • Wood Flooring
  • Thermal Windows
  • Contemporary Architecture
  • Elevator
  • 2-minute walk to University Park

About This Home

As of July 2019

WOWSER! SUPER GREAT VALUE in IAC! Stunning 8th floor 2BR+ Den/2.5BA condo in Indpls Athletic Club. Open floor plan w. bamboo floors, rich cabinetry, stainless appliances, cool contemporary lighting & architectural details/beams. Two large BR's, both w. their own bath & WIC (with fantastic built-ins/shelving!) Great storage/laundry room w. washer & dryer. Smartly outfitted den/office has built in cabinetry/desk w. frosted glass wall & door for light to filter thru! Parking rights inc. space (#56) in Vermont St. garage & 2nd space in outside Meridian St. lot (#19)! Stay in shape by enjoying IAC's basketball court, exercise room filled w. free weights & exercise machines. Take in the city from IAC's awesome rooftop deck! Quick possession!

Last Agent to Sell the Property

Kate Flock

Flock Realty, Inc. Listed on: 12/13/2018

Co-Listed By

Kurt Flock

Flock Realty, Inc.

Last Buyer's Agent

Denae Lewis

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,730

Year Built

  • Built in 1924

Lot Details

  • 348

HOA Fees

  • $765 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,702 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Thermal Windows
  • Family or Dining Combination
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Rooftop Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 491101240207066101

Community Details

Overview

  • Association fees include home owners, snow removal, trash
  • 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

$7,730

Year Built

Built in 1924

Lot Details

0

HOA Fees

$765 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1924
  • Building Area Total: 1702
  • Co List Office Phone: 317-634-6676
  • Garage Y N: Yes
  • Subdivision Name: ATHLETIC CLUB IAC LOFTS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.flockrealty.com
  • Floor Number: 8
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 1
  • Website: http://flockrealty.com/property_details.php?id=21610722#m-panel-photos
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closet(s), Hardwood Floors, Windows Thermal, Wood Work Painted
  • Other Equipment: Elevator Common, Smoke Detector
  • Areas Interior: Foyer Small,Laundry Room Main Level
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1702
  • Main Level Sq Ft: 1702
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Suite
  • Kitchen Features: Breakfast Bar
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Brick
  • List Price: 370000
  • Association Maintained Building Exterior: 1
  • Construction Stage: SeeRemarks
  • Porch: Rooftop

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Detached,Other
  • Garage Parking Other: Assigned Parking Outside

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 765
  • 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: Association Home Owners, Entrance Common, Snow Removal, Trash

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240207066101
  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 805

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 7730
  • Semi Annual Property Tax Amt: 3865
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2018
Closed on
Jul 9, 2019
Sold by
Gaunt John T and Gaunt Maria V
Bought by
Delay Phillip W and Delay Deborah L
Seller's Agent
Kate Flock
Flock Realty, Inc.
Buyer's Agent
Denae Lewis
F.C. Tucker Company
List Price
$498,750
Sold Price
$362,500
Premium/Discount to List
-$136,250
-27.32%
Current Estimated Value
$419,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,802
Avg. Annual Appreciation
3.27%
Original Mortgage
$290,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2012
Sold by
Lawrence Kevin and Lawrence Carrie
Bought by
Gaunt John T and Gaunt Maria V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2006
Sold by
Hearthview Athletic Club Llc
Bought by
Lawrence Kevin and Lawrence Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,537
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Delay Phillip W -- Enterprise Title
Gaunt John T -- None Available
Lawrence Kevin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delay Philip W $291,500
Closed Delay Phillip W $290,000
Previous Owner Gaunt John T $252,000
Previous Owner Lawrence Kevin $379,537
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $362,500 -2.0% $213 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/23/2019 05/23/19 Price Changed $370,000 -9.7% $217 / Sq Ft
04/24/2019 04/24/19 Price Changed $409,900 -4.7% $241 / Sq Ft
04/08/2019 04/08/19 Price Changed $429,900 -2.9% $253 / Sq Ft
02/21/2019 02/21/19 Price Changed $442,900 -7.7% $260 / Sq Ft
12/14/2018 12/14/18 Price Changed $479,900 -3.8% $282 / Sq Ft
12/13/2018 12/13/18 For Sale $498,750 0.0% $293 / Sq Ft
03/03/2018 03/03/18 Rented $2,450 -1.8% --
02/08/2018 02/08/18 Price Changed $2,495 -4.0% $1 / Sq Ft
01/04/2018 01/04/18 For Rent $2,600 +10.6% --
01/19/2015 01/19/15 Rented $2,350 0.0% --
01/16/2015 01/16/15 Under Contract -- -- --
12/18/2014 12/18/14 For Rent $2,350 -- --
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 $4,853 $387,200 $50,000 $337,200
2023 $4,853 $401,400 $50,000 $351,400
2022 $5,019 $405,500 $50,000 $355,500
2021 $4,380 $369,300 $50,000 $319,300
2020 $4,424 $371,500 $50,000 $321,500
2019 $4,048 $333,400 $50,000 $283,400
2018 $7,731 $323,000 $50,000 $273,000
2017 $6,850 $320,600 $50,000 $270,600
2016 $3,401 $321,700 $50,000 $271,700
2014 $3,399 $313,200 $50,000 $263,200
2013 $4,445 $426,000 $50,000 $376,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21610722

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-207.066-101