NOT LISTED FOR SALE

531 E New York St Indianapolis, IN 46202

Lockerbie Square Neighborhood

Estimated Value: $506,000 - $587,000

2 Beds
2.5 Baths
2,340 Sq Ft
$235/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $447,500 $191 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,524/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Woodwork
  • Monitored
  • Thermal Windows
  • Walk-In Closet
  • Sound System

About This Home

As of July 2015

Urban, carefree living at its finest in this pristine DeSoto Townhome located in Downtown's premiere neighborhood--Lockerbie. Classic design paired w/contemp style & your own private ROOFTOP deck overlooking the skyline. Interested NOW? Spacious main lvl open living & dining, gas FP, French drs, natural light, side porch access, den, & kitch w/stnless & granite. Upper lvl boasts 2 bdrm stes (Mstr & 2nd) & loft area to rooftop. Lower lvl Fam rm leads to oversized 2 car att gar w/ample storage.

Last Agent to Sell the Property

Lance McElfresh

@properties License #RB14032433 Listed on: 06/05/2015

Last Buyer's Agent

Gary Angstadt

CENTURY 21 Scheetz

CENTURY 21 Scheetz

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,736

Year Built

  • Built in 2006

Lot Details

  • 871 Sq Ft Lot
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Cement Siding

Interior Spaces

  • Multi-Level Property
  • Sound System
  • Woodwork
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Thermal Windows
  • Living Room with Fireplace
  • Finished Basement
  • Basement Lookout
  • Attic Fan
  • Monitored

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Gas Water Heater
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 491101187038007101

Community Details

Overview

  • Association fees include insurance, lawncare, ground maintenance, professional mgmt, snow removal, trash
  • Desoto Townhomes Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,736

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Historic
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 2006
  • Garage Y N: Yes
  • Lot Size Acres: 0.02
  • Subdivision Name: DESOTO TOWNHOMES
  • Inspection Warranties: Not Applicable
  • Property Description: Urban, carefree living at its finest in this pristine DeSoto Townhome located in Downtown's premiere neighborhood--Lockerbie. Classic design paired w/contemp style & your own private ROOFTOP deck overlooking the skyline. Interested NOW? Spacious main lvl open living & dining, gas FP, French drs, natural light, side porch access, den, & kitch w/stnless & granite. Upper lvl boasts 2 bdrm stes (Mstr & 2nd) & loft area to rooftop. Lower lvl Fam rm leads to oversized 2 car att gar w/ample storage.
  • Transaction Type: Sale
  • Floor Number: 1
  • Lifestyles: Townhouse
  • Unit Entry Level: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Daylight/Lookout Windows
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Gas Oven, Refrigerator, Washer
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Raised Ceiling(s), Vaulted Ceiling(s), Walk-in Closet(s), Windows Thermal, Wood Work Painted
  • Living Area: 2340
  • Other Equipment: Security Alarm Monitored, Security Alarm Paid, Smoke Detector, Surround Sound, Water Purifier, Water-Softener Owned
  • Room Count: 9
  • Areas Interior: Living Room Formal
  • Eating Area: Center Island,Formal Dining Room,Kitchen Updated,Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1888
  • Main Level Sq Ft: 918
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Bedroom 2nd Master,Sinks Double,Tub Full with Separate Shower,Suite,Closet Walk in
  • Total Sq Ft: 2340
  • Below Grade Sq Ft: 452
  • Upper Level Sq Ft: 970
  • Pct Optional Level Finished: 50-75%
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: Daylight Window Basement

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Irrigation System
  • Foundation Details: Block
  • List Price: 450000
  • Association Maintained Building Exterior: 1
  • Porch: Deck UP,Covered Porch

Garage/Parking

  • Fuel: Electric,Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Guest Street Parking,Heated,Storage Area

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Condo Description Location: Building Private Entry,End Unit
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Insurance, Insurance, Lawncare, Maintenance Grounds, Professional Mgmt, Snow Removal, Trash
  • Mandatory Fee: 440

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101187038007101
  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Trees Small
  • Lot Number: irreg
  • Lot Size: 871

Tax Info

  • Tax Annual Amount: 3736
  • Semi Annual Property Tax Amt: 1868
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2019
Sold by
Shanklin George R and Shanklin Sheriee C Ladd
Bought by
Shanklin George R and Shanklin Sheriee C Ladd
Current Estimated Value
$550,806

Purchase Details

Listed on
Jun 5, 2015
Closed on
Jul 31, 2015
Sold by
Tate Thomas and Fox Lori M
Bought by
Shanklin Sheriee C Ladd and Shanklin George R
Seller's Agent
Lance McElfresh
@properties
Buyer's Agent
Gary Angstadt
CENTURY 21 Scheetz
List Price
$450,000
Sold Price
$447,500
Premium/Discount to List
-$2,500
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%
Original Mortgage
$335,600
Outstanding Balance
$143,333
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$356,468

Purchase Details

Closed on
Jun 21, 2007
Sold by
Conner Wade T and Conner Erika
Bought by
Tate Thomas and Fox Lori M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2007
Sold by
Desoto Townhomes Llc
Bought by
Conner Wade T and Conner Erika
Source: Public Records

Range of Values:

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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
Shanklin George R -- None Available
Shanklin Sheriee C Ladd -- None Available
Tate Thomas -- None Available
Conner Wade T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanklin Sheriee C Ladd $335,600
Previous Owner Tate Thomas $177,000
Previous Owner Tate Thomas $188,000
Previous Owner Tate Thomas $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $447,500 -0.6% $191 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $450,000 -- $192 / 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 $5,784 $533,600 $87,800 $445,800
2023 $5,784 $477,500 $87,800 $389,700
2022 $5,736 $465,500 $87,800 $377,700
2021 $5,938 $499,200 $87,800 $411,400
2020 $5,815 $486,900 $87,800 $399,100
2019 $5,786 $474,200 $87,800 $386,400
2018 $5,117 $415,900 $87,800 $328,100
2017 $4,500 $416,000 $87,800 $328,200
2016 $8,762 $419,600 $87,800 $331,800
2014 $3,737 $343,900 $87,800 $256,100
2013 $3,584 $343,900 $87,800 $256,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lance McElfresh

    @properties

  • G

    Buyer's Agent in 2015

    Gary Angstadt

    CENTURY 21 Scheetz

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21357768

MIBOR Broker Listing Cooperative®

APN: 49-11-01-187-038.007-101

Indiana Marion County Indianapolis 46202 Lockerbie Square

531 E New York St, Indianapolis, IN

This home is located at 531 E New York St, Indianapolis, IN 46202 since 05 June 2015 and is currently estimated at $550,806, approximately $235 per square foot. This property was built in 2006. 531 E New York St 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 (9-12).

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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