NOT LISTED FOR SALE

Estimated Value: $421,322 - $510,000

2 Beds
2.5 Baths
1,502 Sq Ft
$305/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $373,495 $249 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,098/month

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot

About This Home

As of April 2020

This beautiful 2 bedroom, 2.5 bath townhome in historic Chatham Arch was recently built in 2015. Modern design includes an open floor plan - spacious kitchen with stainless steel appliances and large island with Quartz countertops is open to the family room; 9' ceilings; master suite has a walk-in closet, double sinks and frameless glass shower; 2nd floor balcony; and 2 car attached garage. Fantastic location in downtown Indianapolis - walk to the shops and restaurants on Mass Ave!

Last Agent to Rent the Property

Jason Warner

CENTURY 21 Scheetz License #RB14027016 Listed on: 11/01/2019

CENTURY 21 Scheetz

Co-Listed By

Meredith Treco

CENTURY 21 Scheetz License #RB14045907

Last Renter's Agent

Jason Warner

CENTURY 21 Scheetz License #RB14027016 Listed on: 11/01/2019

CENTURY 21 Scheetz

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2015

Lot Details

  • 1,045

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Laundry on upper level

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $2,400
  • Tenant pays for cable tv electricity gas insurance sewer all utilities water
  • The owner pays for dues mandatory taxes
  • $35 Application Fee
  • Assessor Parcel Number 490636122027009101

Community Details

Overview

  • Association fees include builder controls entrance private lawncare maintenance snow removal
  • Young Sub Subdivision
  • Property managed by Milhaus

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2015

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Insurance,Sewer,All Utilities,Water
  • Lease Price: 2425.00
  • Min Lease Req: 12
  • Security Deposit: 2400
  • Smoking: 0
  • Application Fee: 35.00
  • Pet Rental Amount: 35.00

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 2015
  • Co List Office Phone: 317-844-5111
  • Garage Y N: Yes
  • Green Energy Efficient: Lighting,Doors,Windows,HVAC,Windows
  • Subdivision Name: YOUNG SUB
  • Inspection Warranties: Not Applicable
  • Property Description: This beautiful 2 bedroom, 2.5 bath townhome in historic Chatham Arch was recently built in 2015. Modern design includes an open floor plan - spacious kitchen with stainless steel appliances and large island with Quartz countertops is open to the family room; 9' ceilings; master suite has a walk-in closet, double sinks and frameless glass shower; 2nd floor balcony; and 2 car attached garage. Fantastic location in downtown Indianapolis - walk to the shops and restaurants on Mass Ave!
  • Transaction Type: Lease
  • Lifestyles: Townhouse
  • Unit Entry Level: M
  • F H A Certified: 1
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Gas Oven,Range Hood,Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Furnished: Unfurnished
  • Interior Amenities: Attic Access,Walk-in Closet(s),Hardwood Floors,Windows Vinyl
  • Living Area: 1502
  • Other Equipment: Smoke Detector
  • Owner Pays: Dues Mandatory,Taxes
  • Room Count: 5
  • Areas Interior: Laundry Room Upstairs
  • Eating Area: Dining Combo/Kitchen,Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1502
  • Main Level Sq Ft: 751
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double
  • Total Sq Ft: 1502
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 751

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 1
  • Porch: Balcony,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Pets Allowed: W/Approval
  • Management Company Name: Milhaus
  • Condo Description Location: Building Private Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Builder Controls,Entrance Private,Lawncare,Maintenance,Snow Removal
  • Mandatory Fee: 70

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 490636122027009101
  • Acres: CndHPRCoop
  • Lot Information: Corner
  • Lot Number: 11
  • Lot Size: 970 sqft .022 AC

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
Nov 21, 2015
Closed on
Aug 9, 2016
Sold by
10Th & Broadway Llc
Bought by
Cheema Aeknoor
Seller's Agent
Cheryl Hester
Redfin Corporation
Buyer's Agent
Eric Rasmussen
CENTURY 21 Scheetz
List Price
$364,900
Sold Price
$373,495
Premium/Discount to List
$8,595
2.36%
Current Estimated Value
$454,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,137
Avg. Annual Appreciation
2.23%
Original Mortgage
$298,790
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Cheema Aeknoor -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheema Aeknoor $298,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2020 04/14/20 Rented -- -- --
03/15/2020 03/15/20 Under Contract -- -- --
11/01/2019 11/01/19 For Rent $2,495 0.0% --
10/20/2017 10/20/17 Rented $2,495 0.0% --
08/30/2017 08/30/17 For Rent $2,495 0.0% --
09/16/2016 09/16/16 Sold $373,495 0.0% $249 / Sq Ft View Prior Sale
02/15/2016 02/15/16 Pending -- -- --
02/04/2016 02/04/16 Off Market $373,495 -- --
11/20/2015 11/20/15 For Sale $364,900 -- $243 / 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 $8,646 $390,000 $68,000 $322,000
2023 $8,646 $361,600 $68,000 $293,600
2022 $8,644 $361,600 $68,000 $293,600
2021 $9,193 $397,000 $68,000 $329,000
2020 $9,039 $388,900 $68,000 $320,900
2019 $8,682 $388,300 $68,000 $320,300
2018 $8,695 $365,000 $68,000 $297,000
2017 $3,890 $363,800 $68,000 $295,800
2016 $351 $17,000 $17,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21679068

MIBOR Broker Listing Cooperative®

APN: 49-06-36-122-027.009-101