NOT LISTED FOR SALE

504 N Park Ave Unit 2 Indianapolis, IN 46202

Lockerbie Square Neighborhood

Estimated Value: $424,000 - $486,000

2 Beds
2 Baths
1,253 Sq Ft
$376/mo HOA Fee

Last Sold September 16, 2021

Last sale price $430,000 $343 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,341/month

103 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Thermal Windows
  • Vaulted Ceiling
  • Elevator
  • 1 Car Attached Garage

About This Home

As of September 2021

Rare Find! Upscale Lockerbie condo provides the best of single level living. Mass Ave, Old National Centre, Bottleworks District & more just outside your door! Built in 2016, this immaculate, move-in ready, condo is one of just 12 units in the exclusive 500 Park Residences & features skyline views, private covered balcony, dual owner suites, gourmet kitchen, high-end finishes, 9'6" ceilings, 8' doors, custom lighting & closets, private heated garage w/ guest parking, lobby elevator, multi-level security for whole building - these are just some of the incredible offerings that await. All appliances w/ washer & dryer included. HOA only $376 includes gas, water, sewer, trash. Don't miss the chance to make this stunning Lockerbie home your own.

Last Agent to Sell the Property

Sandra Ziraldo

Absolute Real Estate Services Listed on: 05/06/2021

Co-Listed By

Benjamin Fuller

Absolute Real Estate Services License #RB18000209

Last Buyer's Agent

Ron Stevens

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,786

Year Built

  • Built in 2016

Lot Details

  • 784

HOA Fees

  • $376 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,253 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Thermal Windows
  • Window Screens
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • 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 491101112027011101

Community Details

Overview

  • Association fees include common cooling, common heat, insurance, ground maintenance, maintenance structure, maintenance, security, trash, sewer
  • Mid-Rise Condominium
  • 500 Park Residences Subdivision
  • Property managed by Privately Managed by Owners

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,786

Year Built

Built in 2016

Lot Details

0

HOA Fees

$376 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 2016
  • Building Area Total: 1253
  • Co List Office Phone: 317-915-7545
  • Garage Y N: Yes
  • Subdivision Name: 500 PARK RESIDENCES
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Website: https://60947b17c6812.site123.me/
  • Floor Number: 2
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Disposal, Refrigerator, Washer, Oven
  • 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), Hardwood Floors, Screens Complete, Storage, Windows Thermal
  • Other Equipment: Elevator Common
  • Areas Interior: Bath Sinks Double Main,Bedroom Other on Main,Foyer Small,Laundry in Unit
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1253
  • Main Level Sq Ft: 1253
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Balcony,Bedroom 2nd Master,Closet Walk in,Sinks Double,Suite
  • Kitchen Features: Breakfast Bar,Kitchen Eat In,Kitchen Galley
  • Below Grade Sq Ft: 0
  • Room Floors: Hardwood, Hardwood, Hardwood, Hardwood, Tile-Ceramic
  • Room Window Treatments: 1, 1, 1, 1, 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Exterior Handicap Accessible
  • Foundation Details: Slab
  • List Price: 440000
  • Association Maintained Building Exterior: 1
  • Construction Stage: Completed
  • Porch: Balcony,Covered Patio

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric,Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Assigned Parking,Heated

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 376
  • Association Fee Frequency: Monthly
  • Management Company Name: Privately Managed by Owners
  • Condo Description Location: Building Common Entry,Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Common Cooling, Common Heat, Insurance, Maintenance Grounds, Maintenance Structure, Maintenance, Security, Trash, Sewer, See Remarks

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101112027011101
  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 0
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 5786
  • Semi Annual Property Tax Amt: 2893
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Aug 27, 2021
Sold by
Thompson Robert R and Thompson Nancy E
Bought by
Kerstiens Savannah M
Seller's Agent
Sandra Ziraldo
Absolute Real Estate Services
Buyer's Agent
Ron Stevens
List Price
$445,000
Sold Price
$430,000
Premium/Discount to List
-$15,000
-3.37%
Current Estimated Value
$464,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,660
Avg. Annual Appreciation
1.93%
Original Mortgage
$300,000
Outstanding Balance
$272,978
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$191,682
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kerstiens Savannah M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerstiens Savannah M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $430,000 -3.4% $343 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $445,000 -- $355 / 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 $6,010 $485,400 $24,900 $460,500
2023 $6,010 $498,600 $24,900 $473,700
2022 $6,734 $535,000 $24,900 $510,100
2021 $5,913 $499,800 $24,900 $474,900
2020 $5,786 $487,100 $24,900 $462,200
2019 $5,833 $480,600 $24,900 $455,700
2018 $6,240 $509,700 $24,900 $484,800
2017 $5,249 $489,700 $24,900 $464,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Sandra Ziraldo

    Absolute Real Estate Services

    Section Image
  • Benjamin Fuller

    Seller Co-Listing Agent in 2021

    Benjamin Fuller

    Absolute Real Estate Services

    (317) 408-5713

    1 in this area

    77 Total Sales

    Benjamin Fuller
    Section Image

  • R

    Buyer's Agent in 2021

    Ron Stevens

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21783366

MIBOR Broker Listing Cooperative®

APN: 49-11-01-112-027.011-101

Indiana Marion County Indianapolis 46202 Lockerbie Square

504 N Park Ave Unit 2, Indianapolis, IN

This home is located at 504 N Park Ave Unit 2, Indianapolis, IN 46202 since 06 May 2021 and is currently estimated at $464,660, approximately $370 per square foot. This property was built in 2016. 504 N Park Ave Unit 2 is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School No. 721.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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