Seller's Agent in 2025
Amy Grimes
Keller Williams Indy Metro NE
(765) 427-6938
1 in this area
3 Total Sales
Real Silk Lofts 611 N Park Ave Unit 405 Indianapolis, IN 46204
Chatham Arch Neighborhood
2
Beds
2
Baths
1,220
Sq Ft
$534/mo
HOA Fee
Highlights
- Fitness Center
- Community Pool
- 2 Car Attached Garage
- Mature Trees
- Thermal Windows
- Eat-In Kitchen
About This Home
As of May 2025Relax and savor life from your "castle" high in the sky! Placing you at the heart of Indianapolis' vibrant urban scene, this incredibly unique, inviting home is steps away from Indy's most sought after street, Mass Avenue. Showcasing breathtaking views of the downtown skyline, the condo boasts soaring 16-foot ceilings with endless natural light creating a feeling of space, opulence and grandeur. The unit includes two full bathrooms and two spacious bedrooms with a third additional room that could be used as a nursery, playroom, office, or transitioned back to the original master walk-in closet. The unit also has a brand new furnace, water heater, induction stove, and recent LED lighting upgrades. Ample storage space can be found in the attic above, the space below the loft, and within the main bedroom. Every amenity you could want is within walking distance...award-winning restaurants liked Bodhi, Mesh, and Livery, shopping, nightlife, grocery, theater, parks, an International Baccalaureate (IB) school and playground...you name it, it is here! The building has a lively community with many welcoming committees, a shared gathering space, gym, heated pool, hot tub, and glorious sauna. The building has a new roof and new hall lighting upgrades, along with a convenient modern digital entry system for you and your guests. Two secured parking spaces come with the unit along with a guest parking pass for convenience. The building is designated as a non-smoking environment for added comfort. One additional positive is that you can live here completely HOA fee FREE for the remainder of this year! A huge savings! Revel in the best of city living in this fabulous condo-where history meets modern luxury!
Last Agent to Sell the Property
Keller Williams Indy Metro NE Brokerage Email: amygrimes@kw.com License #RB22000230 Listed on: 04/29/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,710
Year Built
- Built in 1926 | Remodeled
HOA Fees
- $534 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Assigned Parking
Home Design
- Entry on the 1st floor
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- Fireplace With Gas Starter
- Thermal Windows
- Great Room with Fireplace
- Family or Dining Combination
- Storage
- Laminate Flooring
- Intercom
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Additional Features
- Enclosed Glass Porch
- Mature Trees
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 491101202005000101
- Seller Concessions Not Offered
Community Details
Overview
- Association fees include exercise room, insurance, laundry connection in unit, lawncare, ground maintenance, maintenance structure, maintenance, management, snow removal, trash
- Association Phone (317) 541-0000
- Mid-Rise Condominium
- Real Silk Lofts Subdivision
- Property managed by Omni
Recreation
- Community Pool
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2025
Closed on
May 28, 2025
Sold by
Janson Isaac Andrew and Janson Michelle Elizabeth
Bought by
Sears Christopher S
Seller's Agent
Amy Grimes
Keller Williams Indy Metro NE
List Price
$389,900
Sold Price
$370,000
Premium/Discount to List
-$19,900
-5.1%
Views
26
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
$7,141
Avg. Annual Appreciation
6.58%
Original Mortgage
$170,000
Outstanding Balance
$168,242
Interest Rate
6.03%
Mortgage Type
New Conventional
Estimated Equity
$208,899
Purchase Details
Closed on
Feb 8, 2013
Sold by
Nzara Tafadzwa and Nzara Tafadzwa
Bought by
Nzara Tafadzwa and Nzara N
Purchase Details
Closed on
Dec 28, 2010
Sold by
Nzara Tafadzwa
Bought by
Nzara Tafadzwa and Paranavitana Nivanka
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,002
Interest Rate
4.91%
Mortgage Type
FHA
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 | -- | Meridian Title | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $170,000 | New Conventional | |
| Previous Owner | $178,471 | No Value Available | |
| Previous Owner | $166,002 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $370,000 | -5.1% | $303 / Sq Ft |
| 05/09/2025 05/09/25 | Pending | -- | -- | -- |
| 04/29/2025 04/29/25 | For Sale | $389,900 | -- | $320 / 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 | $3,760 | $311,400 | $27,100 | $284,300 |
| 2023 | $3,760 | $312,000 | $27,100 | $284,900 |
| 2022 | $3,895 | $320,000 | $27,100 | $292,900 |
| 2021 | $3,600 | $303,500 | $27,100 | $276,400 |
| 2020 | $3,637 | $306,200 | $27,100 | $279,100 |
| 2019 | $7,212 | $303,900 | $27,100 | $276,800 |
| 2018 | $6,454 | $269,400 | $27,100 | $242,300 |
| 2017 | $5,319 | $248,500 | $27,100 | $221,400 |
| 2016 | $4,517 | $215,300 | $27,100 | $188,200 |
| 2014 | $4,391 | $203,300 | $27,100 | $176,200 |
| 2013 | $1,977 | $199,700 | $27,100 | $172,600 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Grimes
About Real Silk Lofts
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22027900
APN: 49-11-01-202-005.000-101
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