NOT LISTED FOR SALE

Estimated Value: $305,105 - $339,000

2 Beds
2 Baths
1,169 Sq Ft
$321/mo HOA Fee

Last Sold June 16, 2022

Last sale price $306,000 $262 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,296/month

248 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Elevator
  • Family Room with Fireplace
  • Wood Flooring
  • 3-minute walk to Indianapolis Cultural Trail

About This Home

As of June 2022

Wonderful two bedroom, two full bath corner unit condo in beautiful downtown Indy! Seller willing to pay first year of HOA fees!
This condo offers extra tall ceilings with lots of natural light, hardwood floors in main living area, granite countertops, stainless steel appliances and wood blinds on all the windows. Both bathrooms are attached to the bedrooms. Enjoy evenings in front of the gas fireplace. Open concept floor plan allows for easy and comfortable living! There is one garage space located on the ground floor of the building! Lots of shops, restaurants and convenient stores as well as Mass Ave just a short walk away. Easy access to the interstate as well. Come see this lovely property now!

Last Agent to Sell the Property

Lauren Kocal

CENTURY 21 Scheetz Listed on: 08/27/2021

CENTURY 21 Scheetz

Co-Listed By

Amy Spillman

CENTURY 21 Scheetz

Last Buyer's Agent

Benjamin Ochs

eXp Realty, LLC

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 2002

Lot Details

  • 610

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Cement Siding

Interior Spaces

  • 1,169 Sq Ft Home
  • 1-Story Property
  • Sound System
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Thermal Windows
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family or Dining Combination

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Heat Pump System
  • Gas Water Heater

Additional Features

  • Two or More Common Walls

Listing and Financial Details

  • Assessor Parcel Number 491101240248035101

Community Details

Overview

  • Association fees include custodian, insurance, ground maintenance, management, snow removal, trash
  • Mid-Rise Condominium
  • Packard Subdivision
  • Property managed by PMI Meridian Management

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,926

Year Built

Built in 2002

Lot Details

0

HOA Fees

$321 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 2002
  • Building Area Total: 1169
  • Co List Office Phone: 317-873-1700
  • Garage Y N: Yes
  • Subdivision Name: PACKARD
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: 2
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Laundry Connection in Unit, Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer, MicroHood
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas Starter, Great Room
  • Interior Amenities: Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Windows Thermal
  • Other Equipment: Elevator Common, Smoke Detector, Surround Sound
  • Areas Interior: Bath Sinks Double Main,Laundry in Unit
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1169
  • Main Level Sq Ft: 1169
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Breakfast Bar,Kitchen Updated,Pantry

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 1
  • Porch: Balcony

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Assigned Parking

Utilities

  • Sewer: Sewer Connected
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 321
  • Association Fee Frequency: Monthly
  • Management Company Name: PMI Meridian Management
  • Management Company Phone: 317-714-1082
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations
  • Condo Description Location: Building Common Entry
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Custodian, Insurance, Maintenance Grounds, Management, Snow Removal, Trash

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240248035101
  • Acres: CndHPRCoop
  • Lot Information: Corner,Sidewalks,Street Lights
  • Lot Number: C035
  • Lot Size: 588

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2926
  • Semi Annual Property Tax Amt: 1463
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Jun 15, 2022
Sold by
Andrew Huey
Bought by
Schenck Richard Lee
Seller's Agent
Lauren Kocal
CENTURY 21 Scheetz
Buyer's Agent
Benjamin Ochs
eXp Realty, LLC
List Price
$335,000
Sold Price
$306,000
Premium/Discount to List
-$29,000
-8.66%
Current Estimated Value
$319,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,776
Avg. Annual Appreciation
1.23%
Original Mortgage
$300,457
Outstanding Balance
$286,448
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$33,328

Purchase Details

Listed on
Sep 18, 2017
Closed on
Nov 30, 2017
Sold by
Alsman Ryan
Bought by
Huey Andrew
Seller's Agent
Tia Vote
eXp Realty, LLC
Buyer's Agent
Tia Vote
eXp Realty, LLC
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.81%
Original Mortgage
$236,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2014
Closed on
Feb 19, 2015
Sold by
Martin James A
Bought by
Alsman Ryan and Ring Kaitie
Seller's Agent
James Lamson
F.C. Tucker Company
Buyer's Agent
Lynette Wuethrich
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$192,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schenck Richard Lee $306,000 Dominion Title Services
Huey Andrew $295,000 --
Huey Andrew -- Fidelity National Title
Alsman Ryan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schenck Richard Lee $300,457
Previous Owner Huey Andrew $236,000
Previous Owner Alsman Ryan $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2022 06/16/22 Sold $306,000 -2.9% $262 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/13/2022 04/13/22 Price Changed $315,000 -6.0% $269 / Sq Ft
08/27/2021 08/27/21 For Sale $335,000 +13.6% $287 / Sq Ft
11/30/2017 11/30/17 Sold $295,000 -9.2% $252 / Sq Ft View Prior Sale
10/06/2017 10/06/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $325,000 +35.4% $278 / Sq Ft
03/06/2015 03/06/15 Sold $240,000 -4.0% $205 / Sq Ft View Prior Sale
01/15/2015 01/15/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $250,000 -- $214 / 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 $3,752 $293,700 $23,900 $269,800
2023 $3,752 $311,400 $23,900 $287,500
2022 $3,633 $299,600 $23,900 $275,700
2021 $3,093 $261,200 $23,900 $237,300
2020 $2,974 $250,400 $23,900 $226,500
2019 $3,381 $278,500 $23,900 $254,600
2018 $3,390 $276,700 $23,900 $252,800
2017 $2,696 $248,900 $23,900 $225,000
2016 $2,646 $249,800 $23,900 $225,900
2014 $2,102 $97,200 $23,900 $73,300
2013 $2,665 $95,200 $23,900 $71,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21808893

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-248.035-101