$425,000
SOLD AUG 25, 2017
2 Beds
2 Baths
1,224 Sq Ft
828 Sq Ft Lot

Recently Sold

$347 Per Sq Ft

7% Below List Price

170 Days on Market

Highlights

  • Vaulted Ceiling
  • Thermal Windows
  • Woodwork
  • Elevator
  • Intercom
  • Walk-In Closet

About This Home

As of June 2023

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.

Last Agent to Sell the Property

Michael Johnson

Encore Sotheby's International License #RB14048437 Listed on: 01/24/2017

Encore Sotheby's International

Last Buyer's Agent

Amy Gallagher

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,871

Year Built

  • Built in 2016

Parking

  • Garage

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Thermal Windows
  • Living Room with Fireplace
  • Intercom

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Additional Features

  • Handicap Accessible
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number Unit1of500ParkResidences

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance, professional mgmt, snow removal, trash
  • 500 Park Residences Subdivision

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,871

Year Built

Built in 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
$461,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,108
Avg. Annual Appreciation
-0.30%
Original Mortgage
$418,500
Outstanding Balance
$406,171
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$55,721

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
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 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 $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

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 $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

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21461671

MIBOR Broker Listing Cooperative®

APN: 49-11-01-112-027.000-101