504 N Park Ave Unit 1 Indianapolis, IN 46202
Lockerbie Square Neighborhood
2
Beds
2
Baths
1,224
Sq Ft
828
Sq Ft Lot
About This Home
As of June 2023New urban condo in heart of Lockerbie / Mass Ave neighborhoods* Ktchn opens to both liv rm & din rm* Liv rm anchored by gas frplc* Ktchn includes painted cabntry, cntr islnd w/ seating, granite counters & stainless appliances* Other features incl hrdwds throughout, 10' ceilings, home automation, prvt outdoor space, quartz counters* In-unit lndry incl wshr & dryr* California closets* 1 prkg space in heated garage* Walk to Mass Ave, Circle Cntr Mall, Bankers Life Fieldhouse & Lucas Oil Stadium.
Last Agent to Sell the Property
Encore Sotheby's International License #RB14048437 Listed on: 01/24/2017
Last Buyer's Agent
Amy Gallagher
Property Details
Home Type
Condominium
Est. Annual Taxes
$5,871
Year Built
2016
Lot Details
0
Listing Details
- Property Sub Type: Condominium
- Architectural Style: Contemp
- Property Type: Residential
- New Construction: Yes
- Tax Year: 2016
- Year Built: 2016
- Garage Y N: Yes
- Subdivision Name: 500 PARK RESIDENCES
- Inspection Warranties: Not Applicable
- Property Description: New urban condo in heart of Lockerbie / Mass Ave neighborhoods* Ktchn opens to both liv rm & din rm* Liv rm anchored by gas frplc* Ktchn includes painted cabntry, cntr islnd w/ seating, granite counters & stainless appliances* Other features incl hrdwds throughout, 10' ceilings, home automation, prvt outdoor space, quartz counters* In-unit lndry incl wshr & dryr* California closets* 1 prkg space in heated garage* Walk to Mass Ave, Circle Cntr Mall, Bankers Life Fieldhouse & Lucas Oil Stadium.
- Transaction Type: Sale
- Floor Number: 2
- Unit Entry Level: 1
- Special Features: NewHome
Interior Features
- Basement: No
- Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Oven, Refrigerator, Washer
- Levels: One
- Full Bathrooms: 2
- Total Bathrooms: 2
- Total Bedrooms: 2
- Fireplace Features: Living Room
- Fireplaces: 1
- Interior Amenities: Raised Ceiling(s), Walk-in Closet(s), Windows Thermal, Wood Work Painted
- Living Area: 1224
- Other Equipment: Elevator Common, Intercom, Network Ready, Smoke Detector
- Room Count: 6
- Areas Interior: Bath Sinks Dbl Main,Foyer Small,Laundry Room Main Level
- Eating Area: Breakfast Bar,Center Island,Dining Combo/Living Room,Eat In Kitchen
- Basement Full Bathrooms: 0
- Main Level Full Bathrooms: 2
- Sq Ft Main Upper: 1224
- Main Level Sq Ft: 1224
- Basement Half Bathrooms: 0
- Main Half Bathrooms: 0
- Master Bedroom Description: Sinks Double,Shower Stall Full,Main Level,Closet Walk in
- Total Sq Ft: 1224
- Below Grade Sq Ft: 0
- Upper Level Sq Ft: 0
- Optional Level Below Grade: No Basement
Exterior Features
- Construction Materials: Brick
- Disclosures: Not Applicable
- Exterior Features: Exterior Handicap Accessible
- Foundation Details: Slab
- List Price: 449900
- Association Maintained Building Exterior: 1
- Construction Stage: Completed
- Porch: Balcony,Covered Patio
Garage/Parking
- Fuel: Electric
- Garage Parking Description: 1 Car Attached
- Garage Parking Other: Assigned Parking,Finished Garage,Heated,Keyless Entry
Utilities
- Sewer: Sewer Connected
- Cooling: Central Air
- Heating: Forced Air
- Water Source: Public
- Solid Waste: 1
- Utility Options: Cable Available,High Speed Internet Avail
- Water Heater: Electric
Condo/Co-op/Association
- Association Fee Frequency: Monthly
- Management Company Name: unk
- Condo Description Location: Building Common Entry,End Unit
- Condo Type: Horizontal
Fee Information
- Association Fee Includes: Entrance Common, Insurance, Maintenance Grounds, Maintenance, Professional Mgmt, Snow Removal, Trash
- Mandatory Fee: 340
Lot Info
- Property Attached Yn: Yes
- Parcel Number: Unit1of500ParkResidences
- Acres: CndHPRCoop
- Lot Information: Corner,Sidewalks,Storm Sewer,Street Lights
- Lot Number: 0
- Lot Size: 0
Green Features
- Green Certification Y N: 0
Tax Info
- Semi Annual Property Tax Amt: 0
- Tax Exemption: None
MLS Schools
- School District: Indianapolis Public Schools
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
1.46%
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
-
Seller's Agent in 2023
Joe Everhart
Everhart Studio, Ltd.
(317) 701-0479
5 in this area
238 Total Sales
-
Seller Co-Listing Agent in 2023
Quinn Demaree
Everhart Studio, Ltd.
(317) 701-0479
5 in this area
188 Total Sales
-
A
Buyer's Agent in 2023
Allison Denton Hunckler
Maywright Property Co.
-
A
Buyer's Agent in 2023
Ally Hunckler
Maywright Property Co.
(317) 441-3569
1 in this area
96 Total Sales
-
Seller's Agent in 2017
Michael Johnson
Encore Sotheby's International
(317) 590-3454
1 in this area
69 Total Sales
-
A
Buyer's Agent in 2017
Amy Gallagher
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: MBR21461671
APN: 49-11-01-112-027.000-101
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