504 N Park Ave Unit 1 Indianapolis, IN 46202
Lockerbie Square Neighborhood
2
Beds
2
Baths
1,224
Sq Ft
$411/mo
HOA Fee
Highlights
- Contemporary Architecture
- Wood Flooring
- Covered patio or porch
- Vaulted Ceiling
- Corner Lot
- Balcony
About This Home
As of June 2023Location, Location! 2 parking spots included! Turn key corner unit condo in Chatham-Arch! You're immediately greeted by a sense of luxury, & a open-concept/circular floorplan that will satisfy any entertaining/hosting situation. The kitchen is razor sharp - outfitted w/ an induction cook-top & luxe appliances. The primary suite is top-tier, w/ a distinct organized flow through the walk-in closet & exceptionally finished bathroom. The secondary bedroom is large & is not to be overlooked, w/ a walk through walk-in closet & two separate entrances. The convenient attached garage couple with the ability to lock & leave makes this an ideal pied-a-terre! Steps to Mass Ave & walking distance to some of Indy's best restaurants & entertainment!
Last Agent to Sell the Property
Everhart Studio, Ltd. License #RB14039264 Listed on: 01/03/2023
Last Buyer's Agent
Allison Denton Hunckler
Maywright Property Co.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,758
Year Built
- Built in 2016
HOA Fees
- $411 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Assigned Parking
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1,224 Sq Ft Home
- 1-Story Property
- Woodwork
- Vaulted Ceiling
- Thermal Windows
- Entrance Foyer
- Living Room with Fireplace
- Combination Dining and Living Room
- Intercom
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- <<OvenToken>>
- Electric Cooktop
- <<microwave>>
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Accessible Home Design
- Handicap Accessible
- Accessibility Features
- Accessible Entrance
Outdoor Features
- Balcony
- Covered patio or porch
Utilities
- Forced Air Heating System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 491101112027000101
Community Details
Overview
- Association fees include insurance, ground maintenance, maintenance, management, snow removal, trash
- Association Phone (317) 545-0105
- 500 Park Residences Subdivision
- Property managed by Communitas
- The community has rules related to covenants, conditions, and restrictions
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2023
Closed on
Jul 18, 2023
Sold by
Merrifield David Bruce
Bought by
Laughlin Paige
Seller's Agent
Joe Everhart
Everhart Studio, Ltd.
Buyer's Agent
Allison Denton Hunckler
Maywright Property Co.
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%
Views
149
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,724
Avg. Annual Appreciation
1.50%
Original Mortgage
$418,500
Outstanding Balance
$409,150
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$70,286
Purchase Details
Listed on
Jan 24, 2017
Closed on
Aug 25, 2017
Bought by
Merrifield David Bruce
Seller's Agent
Michael Johnson
Encore Sotheby's International
Buyer's Agent
Amy Gallagher
List Price
$459,000
Sold Price
$425,000
Premium/Discount to List
-$34,000
-7.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.55%
Original Mortgage
$295,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $465,000 | First American Title | |
| Deed | $425,000 | -- | |
| Deed | $425,000 | Royal Title Services |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $418,500 | New Conventional | |
| Previous Owner | $282,530 | New Conventional | |
| Previous Owner | $295,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2023 06/27/23 | Sold | $465,000 | -6.1% | $380 / Sq Ft |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- |
| 01/03/2023 01/03/23 | For Sale | $495,000 | +16.5% | $404 / Sq Ft |
| 08/25/2017 08/25/17 | Sold | $425,000 | 0.0% | $347 / Sq Ft |
| 07/17/2017 07/17/17 | Off Market | $425,000 | -- | -- |
| 06/10/2017 06/10/17 | Price Changed | $449,900 | -2.0% | $368 / Sq Ft |
| 05/10/2017 05/10/17 | For Sale | $459,000 | +8.0% | $375 / Sq Ft |
| 05/09/2017 05/09/17 | Off Market | $425,000 | -- | -- |
| 02/21/2017 02/21/17 | Price Changed | $459,000 | -4.2% | $375 / Sq Ft |
| 01/24/2017 01/24/17 | For Sale | $479,000 | -- | $391 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $5,871 | $474,300 | $24,400 | $449,900 |
| 2023 | $5,871 | $487,200 | $24,400 | $462,800 |
| 2022 | $6,576 | $522,600 | $24,400 | $498,200 |
| 2021 | $5,776 | $488,300 | $24,400 | $463,900 |
| 2020 | $5,651 | $475,900 | $24,400 | $451,500 |
| 2019 | $5,696 | $469,500 | $24,400 | $445,100 |
| 2018 | $6,094 | $498,000 | $24,400 | $473,600 |
| 2017 | $5,127 | $478,400 | $24,400 | $454,000 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Everhart
Seller's Agent in 2023
Joe Everhart
Everhart Studio, Ltd.
(317) 701-0479
5 in this area
239 Total Sales
-
Quinn Demaree
Seller Co-Listing Agent in 2023
Quinn Demaree
Everhart Studio, Ltd.
(317) 701-0479
5 in this area
190 Total Sales
-
A
Buyer's Agent in 2023
Allison Denton Hunckler
Maywright Property Co.
-
Ally Hunckler
A
Buyer's Agent in 2023
Ally Hunckler
Maywright Property Co.
(317) 441-3569
1 in this area
94 Total Sales
-
Michael Johnson
Seller's Agent in 2017
Michael Johnson
Encore Sotheby's International
(317) 590-3454
1 in this area
70 Total Sales
-
A
Buyer's Agent in 2017
Amy Gallagher
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21898738
APN: 49-11-01-112-027.000-101
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