NOT LISTED FOR SALE

503 Lockerbie Cir N Indianapolis, IN 46202

Lockerbie Square Neighborhood

Estimated Value: $406,468 - $444,000

2 Beds
1.5 Baths
1,875 Sq Ft
871 Sq Ft Lot

Last Sold February 24, 2017

Last sale price $277,500 $148 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,559/month

84 Days on Market

Highlights

  • Traditional Architecture
  • Woodwork
  • Patio
  • End Unit
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of February 2017

The world will be your oyster if you choose this perfectly located Lockerbie Townhome! Skyline views and walk-to everything location top the list of this units attributes--not to mention the brick-walled courtyard, attached garage and updated master bath! It is becoming increasingly impossible to replicate this kind of space and location at this price point. You will never have to fight for parking on Mass Ave again--you are only a block from all of the action!

Last Agent to Sell the Property

Joe Everhart

Everhart Studio, Ltd. License #RB14039264 Listed on: 11/17/2016

Co-Listed By

Rob Measel

F.C. Tucker Company License #RB14022044

Last Buyer's Agent

Dan Bowden

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,818

Year Built

  • Built in 1985

Lot Details

  • 871

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 491101167026000101

Community Details

Overview

  • Association fees include insurance, snow removal, trash
  • Lockerbie Glove Subdivision
  • Property managed by Kirkpatrick

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,818

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Multi-Level, TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1985
  • Co List Office Phone: 317-916-1052
  • Garage Y N: Yes
  • Lot Size Acres: 0.02
  • Subdivision Name: LOCKERBIE GLOVE
  • Inspection Warranties: Not Applicable
  • Property Description: The world will be your oyster if you choose this perfectly located Lockerbie Townhome! Skyline views and walk-to everything location top the list of this units attributes--not to mention the brick-walled courtyard, attached garage and updated master bath! It is becoming increasingly impossible to replicate this kind of space and location at this price point. You will never have to fight for parking on Mass Ave again--you are only a block from all of the action!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Floor Number: 2
  • Unit Entry Level: 2
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer
  • Levels: Multi/Split
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closet(s), Wood Work Painted
  • Living Area: 1875
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Laundry in Basement
  • Eating Area: Dining Combo/Living Room,Kitchen Galley
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1250
  • Main Level Sq Ft: 625
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Shower Stall Full,Tub Garden,Closet Walk in
  • Total Sq Ft: 1875
  • Below Grade Sq Ft: 625
  • Upper Level Sq Ft: 625
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 1
  • Porch: Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Attached
  • Garage Parking Other: Guest Street Parking

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Kirkpatrick
  • Management Company Phone: 317-570-4358
  • Condo Description Location: End Unit

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Snow Removal, Trash
  • Mandatory Fee: 240

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101167026000101
  • Acres: <1/4 Acre
  • Lot Information: Corner,Sidewalks,Street Lights,Tree Mature
  • Lot Number: 39
  • Lot Size: 0.03 AC

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 5818
  • Semi Annual Property Tax Amt: 2909
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Feb 24, 2017
Sold by
Props Andrea L
Bought by
Vogel Grant M and Hatchett David L
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Dan Bowden
F.C. Tucker Company
List Price
$300,000
Sold Price
$277,500
Premium/Discount to List
-$22,500
-7.5%
Current Estimated Value
$419,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,617
Avg. Annual Appreciation
4.79%
Original Mortgage
$277,500
Outstanding Balance
$230,246
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$188,871

Purchase Details

Closed on
Mar 30, 2006
Sold by
Swindell Glen R and Moore Patricia A
Bought by
Props Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.33%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Vogel Grant M $277,500 Eagle Land Title
Props Andrea L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vogel Grant M $277,500
Previous Owner Props Andrea L $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2017 02/24/17 Sold $277,500 0.0% $148 / Sq Ft
02/02/2017 02/02/17 Off Market $277,500 -- --
12/06/2016 12/06/16 For Sale $300,000 +8.1% $160 / Sq Ft
11/19/2016 11/19/16 Off Market $277,500 -- --
11/17/2016 11/17/16 For Sale $300,000 -- $160 / 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 $4,249 $371,700 $64,800 $306,900
2023 $4,249 $353,500 $64,800 $288,700
2022 $4,488 $368,700 $64,800 $303,900
2021 $4,096 $347,100 $34,100 $313,000
2020 $3,712 $313,800 $34,100 $279,700
2019 $3,778 $312,900 $34,100 $278,800
2018 $3,637 $298,600 $34,100 $264,500
2017 $3,002 $278,700 $34,100 $244,600
2016 $5,625 $269,300 $34,100 $235,200
2014 $5,323 $246,400 $34,100 $212,300
2013 $4,680 $225,200 $34,100 $191,100
Source: Public Records

Agents Affiliated with this Home

  • Joe Everhart

    Seller's Agent in 2017

    Joe Everhart

    Everhart Studio, Ltd.

    (317) 701-0479

    6 in this area

    224 Total Sales

    Joe Everhart
    Section Image
  • Rob Measel

    Seller Co-Listing Agent in 2017

    Rob Measel

    F.C. Tucker Company

    (812) 208-0498

    8 in this area

    233 Total Sales

    Rob Measel
    Section Image

  • D

    Buyer's Agent in 2017

    Dan Bowden

    F.C. Tucker Company

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21453687

MIBOR Broker Listing Cooperative®

APN: 49-11-01-167-026.000-101

Indiana Marion County Indianapolis 46202 Lockerbie Square

503 Lockerbie Cir N, Indianapolis, IN

Not Listed for Sale

Condos

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