$385,000
SOLD DEC 20, 2024
2 Beds
2 Baths
1,482 Sq Ft
$795/mo HOA Fee

Recently Sold

$260 Per Sq Ft

6% Below List Price

116 Days on Market

Highlights

  • Rooftop Deck
  • Traditional Architecture
  • Double Oven
  • Vaulted Ceiling
  • Wood Flooring
  • Wood Frame Window

About This Home

As of December 2024

Discover urban luxury in this stunning 2-bed, 2-bath condo in historic Lockerbie Square. This sophisticated unit boasts a custom kitchen, updated bathrooms, and charming exposed brick walls complemented by original wood beams. South-facing windows flood the space with natural light, enhancing the open, airy feel. Enjoy the convenience of a private storage unit and dedicated garage parking space. Experience the perfect blend of modern amenities and historic charm in this prime location. All just steps away from downtown Indy's premier Mass Ave dining, nightlife & entertainment district, the Cultural Trail & Bottleworks District - the most popular spot downtown today. Welcome home to the Glove Factory - Unit 205!

Last Agent to Sell the Property

Timothy Birky

F.C. Tucker Company Brokerage Email: tim.birky@talktotucker.com License #RB18001683 Listed on: 07/25/2024

F.C. Tucker Company

Co-Listed By

Nick McNeely

F.C. Tucker Company Brokerage Email: tim.birky@talktotucker.com License #RB14047448

Last Buyer's Agent

Jackie Lovell

New Quantum Realty Group License #RB14026114

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,240

Year Built

  • Built in 1910

HOA Fees

  • $795 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,482 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Wood Frame Window
  • Entrance Foyer
  • Family or Dining Combination
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Outdoor Gas Grill

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 491101167094000101
  • Assessor Parcel Number 491101167094000101
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include home owners, ground maintenance, maintenance structure, maintenance, trash, sewer
  • Association Phone (317) 545-0105
  • Mid-Rise Condominium
  • Lockerbie Glove Subdivision
  • Property managed by Communitas Management Inc

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,240

Year Built

Built in 1910

Lot Details

0

HOA Fees

$795 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1910
  • Building Area Total: 1482
  • Garage Y N: Yes
  • Subdivision Name: Lockerbie Glove
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Floor Number: 2
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 2
  • F H A Certified: No
  • MBR_AttributionContact: tim.birky@talktotucker.com
  • Attribution Contact: tim.birky@talktotucker.com
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Laundry Connection in Unit, Microwave, Oven, Double Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Bath Sinks Double Main, Breakfast Bar, Raised Ceiling(s), Elevator, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, Pantry, Storage, Windows Wood, Wood Work Painted
  • Living Area: 1482
  • Main Level Bedrooms: 2
  • Other Equipment: Intercom, Smoke Alarm
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1482
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Gas Grill
  • Foundation Details: Block
  • List Price: 400000
  • Patio And Porch Features: Rooftop

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Detached, Concrete, Garage Door Opener, Storage
  • Garage Parking Other: Guest Street Parking
  • Garage Sq Ft: 0

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Electric
  • Heating: Heat Pump
  • Laundry Features: Laundry Closet
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Amenities: Barbecue, Elevator(s), Hot Water, Meeting Room, Parking, Party Room, Roof Deck, Snow Removal, Trash, Water
  • Association Fee: 2385
  • Association Fee Frequency: Quarterly
  • Association Phone: 317-545-0105
  • Association YN: Yes
  • Management Company Name: Communitas Management Inc
  • H O A Disclosures: Covenants & Restrictions,Rental Restrictions,Rules & Regulations,Transfer Fee
  • Condo Description Location: Building Common Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Maintenance Grounds, Maintenance Structure, Maintenance, Trash, Sewer

Lot Info

  • Lot Features: Not Applicable
  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Parcel Number: 491101167094000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4240
  • Tax Lot: 491101167094000101
  • Semi Annual Property Tax Amt: 2120
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Dec 20, 2024
Sold by
Smith Chelsea Patterson and Patterson Chelsea Rose
Bought by
Rook Todd A
Seller's Agent
Timothy Birky
F.C. Tucker Company
Buyer's Agent
Jackie Lovell
New Quantum Realty Group
List Price
$410,000
Sold Price
$385,000
Premium/Discount to List
-$25,000
-6.1%
Views
108
Current Estimated Value
$385,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121
Avg. Annual Appreciation
0.04%
Original Mortgage
$231,000
Outstanding Balance
$229,609
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$155,512

Purchase Details

Closed on
Nov 1, 2019
Sold by
Cooper Robert L
Bought by
Patterson Chelsea Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2016
Sold by
Schrack Mark A
Bought by
Cooper Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2011
Sold by
West Emily A
Bought by
Shrack Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed -- Ata National Title Group
Warranty Deed $385,000 Ata National Title Group
Warranty Deed $370,000 Krieg Devault Llp
Warranty Deed -- Stewart Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $231,000 New Conventional
Closed $231,000 New Conventional
Previous Owner $349,500 New Conventional
Previous Owner $351,200 New Conventional
Previous Owner $324,000 New Conventional
Previous Owner $178,200 Credit Line Revolving
Previous Owner $170,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $385,000 -3.8% $260 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $400,000 -2.4% $270 / Sq Ft
07/25/2024 07/25/24 For Sale $410,000 -- $277 / 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 $4,238 $394,500 $36,000 $358,500
2023 $4,238 $351,100 $36,000 $315,100
2022 $4,628 $371,200 $36,000 $335,200
2021 $4,060 $342,600 $36,000 $306,600
2020 $4,064 $341,600 $36,000 $305,600
2019 $3,964 $326,600 $36,000 $290,600
2018 $7,516 $313,500 $36,000 $277,500
2017 $6,835 $319,700 $36,000 $283,700
2016 $2,803 $264,600 $36,000 $228,600
2014 $2,543 $235,000 $36,000 $199,000
2013 $4,345 $209,100 $36,000 $173,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21991264

MIBOR Broker Listing Cooperative®

APN: 49-11-01-167-094.000-101