NOT LISTED FOR SALE

Estimated Value: $250,000 - $339,000

1 Bed
1.5 Baths
928 Sq Ft
$243/mo HOA Fee

Last Sold July 12, 2021

Last sale price $259,000 $279 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,028/month

21 Days on Market

Highlights

  • Contemporary Architecture
  • Balcony
  • Walk-In Closet
  • Wood Flooring
  • 1 Car Attached Garage
  • 3-minute walk to Indianapolis Cultural Trail

About This Home

As of July 2021

Urban luxury at its finest! Tucked away within the gated community of Packard, this stunning 1 bedroom condo boasts clean lines and fine finishes. The bright white interior has an open great room with gas fireplace; while the dining room, flanked by beautiful French doors that lead to a quaint balcony, gives way to a kitchen that offers granite and ample cabinetry. The owners' suite has private bath with jetted tub, separate shower and walk-in closet. Convenient washer and dryer convey with unit. From the multiple museums, renowned eateries and theaters, to the Cultural Trail and local shops that line the famous Mass Ave, all of the amenities downtown Indy has to offer are just a few steps away!

Last Agent to Sell the Property

Robbin Edwards

Encore Sotheby's International License #RB14051259 Listed on: 05/20/2021

Co-Listed By

Bill Eckhart

Encore Sotheby's International License #RB20002083

Last Buyer's Agent

Mark Branch

Highgarden Real Estate

Highgarden Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 2002

Lot Details

  • 479

HOA Fees

  • $243 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Family or Dining Combination
  • Wood Flooring

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Additional Features

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 491101240248050101

Community Details

Overview

  • Association fees include home owners, insurance, lawncare, ground maintenance, maintenance structure, maintenance, trash, sewer
  • Mid-Rise Condominium
  • Packard Subdivision
  • Property managed by Meridian Management Company
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,322

Year Built

Built in 2002

Lot Details

0

HOA Fees

$243 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 2002
  • Building Area Total: 928
  • Co List Office Phone: 317-660-4444
  • Garage Y N: Yes
  • Subdivision Name: PACKARD
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Floor Number: 3
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 3
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s), Hardwood Floors
  • Other Equipment: Smoke Detector
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 928
  • Main Level Sq Ft: 928
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Balcony,Shower Stall Full,Tub Whirlpool
  • Kitchen Features: Breakfast Bar,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Slab
  • List Price: 259900
  • 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: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Municipal Sewer Available,Municipal Water Available
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 243
  • Association Fee Frequency: Monthly
  • Management Company Name: Meridian Management Company
  • Management Company Phone: 317-262-4989
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Common Entry
  • Condo Type: Horizontal

Fee Information

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

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240248050101
  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 0
  • Lot Size: UNIT 310

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2322
  • Semi Annual Property Tax Amt: 1161
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 12, 2021
Sold by
Theofanis Jordyn
Bought by
Klump Natalie M
Seller's Agent
Robbin Edwards
Encore Sotheby's International
Buyer's Agent
Mark Branch
Highgarden Real Estate
List Price
$265,000
Sold Price
$259,000
Premium/Discount to List
-$6,000
-2.26%
Current Estimated Value
$291,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,688
Avg. Annual Appreciation
1.95%
Original Mortgage
$254,308
Outstanding Balance
$233,423
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$47,459

Purchase Details

Listed on
Jun 6, 2019
Closed on
Nov 13, 2019
Sold by
Mitchell Luke N
Bought by
Jordyn Theofanis
Seller's Agent
Thomas Shrock
F.C. Tucker Company
Buyer's Agent
Sally Cuthbert
CENTURY 21 Scheetz
List Price
$259,900
Sold Price
$230,000
Premium/Discount to List
-$29,900
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Interest Rate
3.69%

Purchase Details

Listed on
Jun 6, 2019
Closed on
Oct 13, 2019
Sold by
Mitchell Luke N
Bought by
Theofanis Jordyn
Seller's Agent
Thomas Shrock
F.C. Tucker Company
Buyer's Agent
Sally Cuthbert
CENTURY 21 Scheetz
List Price
$259,900
Sold Price
$230,000
Premium/Discount to List
-$29,900
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.69%

Purchase Details

Closed on
Sep 17, 2018
Sold by
Mitchell Royce H
Bought by
Mitchell Luke N

Purchase Details

Closed on
Aug 1, 2006
Sold by
Suggs Sherry E and Suggs Sherry S
Bought by
Mitchell Luke N and Mitchell Royce H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,400
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Klump Natalie M $259,000 None Available
Jordyn Theofanis $230,000 --
Theofanis Jordyn -- None Available
Mitchell Luke N -- None Available
Mitchell Luke N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klump Natalie M $254,308
Previous Owner Theofanis Jordyn $223,000
Previous Owner Jordyn Theofanis --
Previous Owner Theofanis Jordyn $218,475
Previous Owner Mitchell Luke N $30,000
Previous Owner Mitchell Luke N $10,000
Previous Owner Mitchell Luke N $149,200
Previous Owner Mitchell Luke N $160,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $259,000 -2.3% $279 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $265,000 +15.2% $286 / Sq Ft
11/13/2019 11/13/19 Sold $230,000 -4.1% $248 / Sq Ft
10/12/2019 10/12/19 Pending -- -- --
10/02/2019 10/02/19 Price Changed $239,900 -2.0% $259 / Sq Ft
09/03/2019 09/03/19 Price Changed $244,900 -2.0% $264 / Sq Ft
06/25/2019 06/25/19 Price Changed $249,900 -3.8% $269 / Sq Ft
06/06/2019 06/06/19 For Sale $259,900 -- $280 / 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 $2,940 $231,100 $18,800 $212,300
2023 $2,940 $245,000 $18,800 $226,200
2022 $2,844 $235,700 $18,800 $216,900
2021 $2,415 $205,500 $18,800 $186,700
2020 $2,321 $197,000 $18,800 $178,200
2019 $2,637 $219,100 $18,800 $200,300
2018 $5,220 $217,600 $18,800 $198,800
2017 $2,122 $195,800 $18,800 $177,000
2016 $2,086 $196,500 $18,800 $177,700
2014 $491 $76,500 $18,800 $57,700
2013 $915 $74,900 $18,800 $56,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21786288

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-248.050-101