$240,000
SOLD MAY 7, 2025
1 Bed
1 Bath
721 Sq Ft
$378/mo HOA Fee

Recently Sold

$333 Per Sq Ft

2% Below List Price

15 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Walk-In Closet
  • Gated Parking
  • Community Pool
  • Ceramic Tile Flooring

About This Home

As of May 2025

This meticulously maintained condo in the iconic Real Silk Lofts offers the perfect blend of modern comfort and historic charm, just steps off Mass Ave in downtown Indianapolis. With 16-foot ceilings and exposed brick walls, the space is filled with natural light and stunning views of the city skyline. Custom blinds provide privacy while enhancing the space's unique appeal. Residents enjoy fantastic amenities, including a pool, hot tub, steam room, and gym-all included in the monthly HOA fee. The building is designated as a non-smoking environment for added comfort. A secured, gated parking space comes with the unit, along with a guest parking pass for convenience. Located on the same block as popular spots like Chatham Tap, Livery, 45 Degrees, and Mass Ave Pub, and just a block from Bottleworks, this condo places you at the heart of Indianapolis' vibrant urban scene. Experience the best of city living in this exceptional condo-where historic charm meets modern luxury!

Last Agent to Sell the Property

Gabrielle O'Connor

Trueblood Real Estate Brokerage Email: goconnor@truebloodre.com License #RB19002064 Listed on: 03/13/2025

Trueblood Real Estate

Last Buyer's Agent

Deb S Kent

Compass Indiana, LLC

Compass Indiana, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,674

Year Built

  • Built in 1926

HOA Fees

  • $378 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 721 Sq Ft Home
  • 4-Story Property
  • Vaulted Ceiling
  • Paddle Fans
  • Combination Kitchen and Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Gated Parking
  • Guest Parking

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 491101202028000101
  • Seller Concessions Offered

Community Details

Overview

  • Association fees include home owners, exercise room, insurance, laundry connection in unit, ground maintenance, maintenance structure, maintenance, management, snow removal, trash
  • Association Phone (317) 541-0000
  • Real Silk Lofts Subdivision
  • Property managed by Omni

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,674

Year Built

Built in 1926

Lot Details

0

HOA Fees

$378 per month

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1926
  • Building Area Total: 721
  • Garage Y N: No
  • Subdivision Name: Real Silk Lofts
  • Transaction Type: Sale
  • Website: https://www.kimsellsindy.com/
  • Accessibility Features YN: No
  • Floor Number: 4
  • Lifestyles: Loft
  • Unit Entry Level: 1
  • F H A Certified: Yes
  • MBR_AttributionContact: goconnor@truebloodre.com
  • Attribution Contact: goconnor@truebloodre.com
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer
  • Levels: Four or More Level Split
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Raised Ceiling(s), Elevator, Paddle Fan, Hi-Speed Internet Availbl, Walk-in Closet(s)
  • Living Area: 721
  • Main Level Bedrooms: 1
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 721
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Poured Concrete
  • List Price: 245000

Garage/Parking

  • Parking Features: Gated, Guest Parking

Utilities

  • Heating: Forced Air, Natural Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Exercise Course, Fitness Center, Indoor Pool, Maintenance, Maintenance Grounds, Management, Parking, Sauna, Snow Removal, Spa/Hot Tub, Trash, Water
  • Association Fee: 378
  • Association Fee Frequency: Monthly
  • Association Phone: 317-541-0000
  • Association YN: Yes
  • Community Features: Fitness Center, Pool, Hot Tub
  • Management Company Name: Omni
  • Condo Description Location: Building Common Entry,Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Exercise Room, Insurance, Laundry Connection In Unit, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal, Trash, Other

Lot Info

  • Lot Features: Sidewalks, Street Lights
  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Parcel Number: 491101202028000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2674
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1337
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
May 7, 2025
Sold by
Mckeeman Emily A
Bought by
Grabstald David
Seller's Agent
Gabrielle O'Connor
Trueblood Real Estate
Buyer's Agent
Deb S Kent
Compass Indiana, LLC
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Views
83
Current Estimated Value
$243,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,065
Avg. Annual Appreciation
3.92%
Original Mortgage
$228,000
Outstanding Balance
$227,393
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$15,672

Purchase Details

Closed on
Apr 25, 2022
Sold by
Mccarthy Todd
Bought by
Mckeeman Emily A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,655
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2019
Sold by
Sperellis Alexander T
Bought by
Mccarthy Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2013
Sold by
Kelsey Kathleen T
Bought by
Sperellis Alexander T and Sperellis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2013
Sold by
Kelsey Kathleen
Bought by
Sperellis Alexander T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
3.34%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 -- First American Title
Warranty Deed $224,900 --
Warranty Deed $190,000 Meridian Title Corporation
Warranty Deed -- --
Deed $151,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Previous Owner $213,655 New Conventional
Previous Owner $180,500 New Conventional
Previous Owner $143,900 New Conventional
Previous Owner $112,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $240,000 -2.0% $333 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $245,000 -- $340 / 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 $2,674 $222,700 $15,900 $206,800
2023 $2,674 $223,200 $15,900 $207,300
2022 $2,761 $229,000 $15,900 $213,100
2021 $2,564 $217,900 $15,900 $202,000
2020 $2,597 $219,900 $15,900 $204,000
2019 $2,626 $218,200 $15,900 $202,300
2018 $2,334 $193,000 $15,900 $177,100
2017 $1,930 $178,000 $15,900 $162,100
2016 $1,636 $153,700 $15,900 $137,800
2014 $1,536 $144,000 $15,900 $128,100
2013 $1,458 $141,300 $15,900 $125,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22025025

MIBOR Broker Listing Cooperative®

APN: 49-11-01-202-028.000-101