NOT LISTED FOR SALE

Estimated Value: $517,000 - $750,286

3 Beds
3 Baths
2,370 Sq Ft
479 Sq Ft Lot

Last Sold April 30, 2021

Last sale price $595,000 $251 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,600/month

94 Days on Market

Highlights

  • Pool House
  • Wood Flooring
  • Thermal Windows
  • Contemporary Architecture
  • Elevator
  • Woodwork

About This Home

As of April 2021

Here is a stunning work of contemporary art, at penthouse level, with a glorious view of the Indianapolis skyline, nestled in the perfect location to enjoy Fletcher Place and environs. Striking finishes in perfect condition accent an open floor plan, one that is ideal for entertaining but lends itself equally to kicking back at the end of the day. Gorgeous wood floors unify the interior living spaces, while the balcony overlooks your surroundings and your city center, including a view of the Circle. Spacious master suite with balcony access, with a huge shower in the immaculate master bath and a more than ample closet. Includes 2 parking spaces + storage unit. This property is as much a lifestyle as a home. Welcome to a remarkable place.

Last Agent to Sell the Property

Brian Walker

Real Broker, LLC License #RB14013548 Listed on: 11/20/2020

Last Buyer's Agent

Brian Sanders

CENTURY 21 Scheetz License #RB14050052

CENTURY 21 Scheetz

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,842

Year Built

  • Built in 2013

Lot Details

  • 479

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,370 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Thermal Windows
  • Window Screens
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Smart Thermostat
  • Monitored

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Additional Features

  • Handicap Accessible
  • Pool House

Listing and Financial Details

  • Assessor Parcel Number 491112224011805101

Community Details

Overview

  • Association fees include home owners, common cooling, custodian, exercise room, common heat, insurance, ground maintenance, maintenance, sewer
  • Mid-Rise Condominium
  • Villaggio Subdivision
  • Property managed by Communitas Management
  • The community has rules related to covenants, conditions, and restrictions

Recreation

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,842

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 2013
  • Garage Y N: No
  • Subdivision Name: VILLAGGIO
  • Inspection Warranties: Not Applicable
  • Property Description: Here is a stunning work of contemporary art, at penthouse level, with a glorious view of the Indianapolis skyline, nestled in the perfect location to enjoy Fletcher Place and environs. Striking finishes in perfect condition accent an open floor plan, one that is ideal for entertaining but lends itself equally to kicking back at the end of the day. Gorgeous wood floors unify the interior living spaces, while the balcony overlooks your surroundings and your city center, including a view of the Circle. Spacious master suite with balcony access, with a huge shower in the immaculate master bath and a more than ample closet. Includes 2 parking spaces + storage unit. This property is as much a lifestyle as a home. Welcome to a remarkable place.
  • Transaction Type: Sale
  • Floor Number: 8
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Disposal, MicroHood, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closet(s), Hardwood Floors, Screens Complete, Supplemental Storage, Windows Thermal, Wood Work Painted
  • Living Area: 2370
  • Other Equipment: Elevator Common, Network Ready, Security Alarm Monitored, Smoke Detector, Water-Softener Owned
  • Room Count: 7
  • Areas Interior: Bath Sinks Double Main,Foyer Large,Laundry in Unit,Laundry Room Main Level,Utility Room
  • Eating Area: Dining Combo/Kitchen,Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 3
  • Sq Ft Main Upper: 2370
  • Main Level Sq Ft: 2370
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Balcony,Sinks Double,Suite,Tub Full with Separate Shower
  • Total Sq Ft: 2370
  • Kitchen Features: Breakfast Bar,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick, Stucco
  • Disclosures: Not Applicable
  • Exterior Features: Exterior Handicap Accessible, Pool Community, Pool House
  • Foundation Details: Slab
  • List Price: 635000
  • Association Maintained Building Exterior: 1
  • Construction Stage: Completed
  • Porch: Balcony,Covered Patio

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: Other
  • Garage Parking Other: Assigned Parking,Guest Parking Premises,Guest Street Parking,Keyless Entry,Storage Area

Utilities

  • Sewer: Community Sewer
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air
  • Water Source: Community Water
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Management Company Name: Communitas Management
  • Management Company Phone: 317-545-0105
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Common Entry,Building Private Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Common Cooling, Custodian, Entrance Common, Exercise Room, Common Heat, Insurance, Maintenance Grounds, Maintenance, Sewer
  • Mandatory Fee: 1800

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491112224011805101
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Street Lights,On Trail
  • Lot Number: 0
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0
  • Smart Home Features: Thermostat - Programmable

Tax Info

  • Tax Annual Amount: 8842
  • Semi Annual Property Tax Amt: 4421
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Apr 30, 2021
Sold by
Abbasi Rania Karam
Bought by
Martis Nikhil and Patel Sapna Jitendra
Seller's Agent
Brian Walker
Real Broker, LLC
Buyer's Agent
Brian Sanders
CENTURY 21 Scheetz
List Price
$635,000
Sold Price
$595,000
Premium/Discount to List
-$40,000
-6.3%
Current Estimated Value
$702,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,612
Avg. Annual Appreciation
2.78%
Original Mortgage
$345,000
Outstanding Balance
$315,958
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$352,872

Purchase Details

Closed on
Apr 9, 2015
Sold by
Schimmelpfennig Jeffrey D and Abbasi Rania Karam
Bought by
Abbasi Rania Karam

Purchase Details

Listed on
Apr 7, 2013
Closed on
Sep 23, 2013
Sold by
Danny Hayes Llc
Bought by
Schimmelpfennig Jeffrey D and Schimmelpfennig Rania A
Seller's Agent
Joshua Vida
Paradigm Realty Solutions
Buyer's Agent
Ted O'Donnell
F.C. Tucker Company
List Price
$550,000
Sold Price
$544,000
Premium/Discount to List
-$6,000
-1.09%

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
Jul 24, 2013
Sold by
Paul Page Llc
Bought by
Daniel Hayes Llc
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
Martis Nikhil $595,000 Enterprise Title
Abbasi Rania Karam -- Servicelink
Schimmelpfennig Jeffrey D $544,000 --
Daniel Hayes Llc $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martis Nikhil $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $595,000 -6.3% $251 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $635,000 +16.7% $268 / Sq Ft
09/23/2013 09/23/13 Sold $544,000 0.0% $230 / Sq Ft
06/14/2013 06/14/13 Off Market $544,000 -- --
04/06/2013 04/06/13 For Sale $550,000 -- $232 / 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 $8,626 $632,600 $25,400 $607,200
2023 $8,626 $708,000 $25,400 $682,600
2022 $8,788 $708,000 $25,400 $682,600
2021 $8,030 $672,900 $25,400 $647,500
2020 $8,754 $727,800 $25,400 $702,400
2019 $8,890 $722,500 $25,400 $697,100
2018 $7,730 $624,300 $25,400 $598,900
2017 $6,706 $619,900 $25,400 $594,500
2016 $6,442 $611,000 $25,400 $585,600
2014 $6,081 $556,300 $25,400 $530,900
2013 $5,436 $240,600 $25,400 $215,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21754492

MIBOR Broker Listing Cooperative®

APN: 49-11-12-224-011.805-101