NOT LISTED FOR SALE

706 Massachusetts Ave Unit 204 Indianapolis, IN 46204

Chatham Arch Neighborhood

Estimated Value: $335,006 - $421,000

2 Beds
2 Baths
1,408 Sq Ft
261 Sq Ft Lot

Last Sold December 17, 2019

Last sale price $304,000 $216 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,474/month

47 Days on Market

Highlights

  • Vaulted Ceiling
  • Elevator
  • Skylights
  • Wood Flooring
  • Wood Frame Window
  • Intercom

About This Home

As of December 2019

You simply cannot beat this incredible location! Don’t miss this rare opportunity to live in the heart of the action; walking distance to everything you know & love about Indy’s Mass Ave Cultural District! This 2-bed, 2-bath, 2-story condo is sure to please w/ gleaming hardwoods, architecturally profound contours, high ceilings, tall windows & an unbeatable location. Plenty of space to host all your friends before venturing out onto the Avenue. Sizeable bedrooms make for great overnight quarters for your guests. Or, grab a roommate & share the costs - making your downtown lifestyle even more ideal! This 2nd level unit comes equipped w/ 2 tandem parking spaces in the building’s private lot, so you’ll never have to worry about parking again!

Last Agent to Sell the Property

Chanda Johnson

Maywright Property Co. License #RB14046367 Listed on: 09/30/2019

Co-Listed By

Murphy Hendy

Dropped Members License #RB18001113

Last Buyer's Agent

Aleks Krnich

Trueblood Real Estate

Trueblood Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 1860

Lot Details

  • 261

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Wood Frame Window
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Back Yard Fenced

Listing and Financial Details

  • Assessor Parcel Number 491101168016022101

Community Details

Overview

  • Association fees include common cooling, common heat, insurance, lawncare, maintenance structure, maintenance, management, snow removal, trash
  • Mid-Rise Condominium
  • Clifford & Chatham Place Subdivision
  • Property managed by Kirkpatrick Mgmt Co

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,484

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1860
  • Co List Office Phone: 317-489-3441
  • Garage Y N: No
  • Subdivision Name: CLIFFORD & CHATHAM PLACE
  • Inspection Warranties: Not Applicable
  • Property Description: You simply cannot beat this incredible location! Don’t miss this rare opportunity to live in the heart of the action; walking distance to everything you know & love about Indy’s Mass Ave Cultural District! This 2-bed, 2-bath, 2-story condo is sure to please w/ gleaming hardwoods, architecturally profound contours, high ceilings, tall windows & an unbeatable location. Plenty of space to host all your friends before venturing out onto the Avenue. Sizeable bedrooms make for great overnight quarters for your guests. Or, grab a roommate & share the costs - making your downtown lifestyle even more ideal! This 2nd level unit comes equipped w/ 2 tandem parking spaces in the building’s private lot, so you’ll never have to worry about parking again!
  • Transaction Type: Sale
  • Open House Count: 1
  • Open House Public Count: 0
  • Floor Number: 2
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 2
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, MicroHood, Gas Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Skylight(s), Windows Wood, Wood Work Painted
  • Living Area: 1408
  • Other Equipment: Elevator Common, Intercom, Smoke Detector
  • Room Count: 5
  • Areas Interior: Bedroom Other on Main,Foyer Large,Laundry Closet
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1408
  • Main Level Sq Ft: 491
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Bedroom, Split,Closet Walk in,Suite,TubFull with Shower
  • Total Sq Ft: 1408
  • Kitchen Features: Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 917

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • List Price: 319000
  • Association Maintained Building Exterior: 1
  • Porch: Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Other
  • Garage Parking Other: Assigned Parking Outside,Guest Street Parking,Rear Load Garage

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: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Kirkpatrick Mgmt Co
  • Management Company Phone: 317-570-4358
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations,Transfer Fee
  • Condo Description Location: Building Common Entry
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Common Cooling, Entrance Common, Common Heat, Insurance, Lawncare, Maintenance Structure, Maintenance, Management, Snow Removal, Trash
  • Mandatory Fee: 325

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101168016022101
  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,On Trail
  • Lot Number: 0
  • Lot Size: 0

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3484
  • Semi Annual Property Tax Amt: 1742
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Dec 17, 2019
Sold by
Knowles Lindsay R
Bought by
Hayward Michael
Seller's Agent
Chanda Johnson
Maywright Property Co.
Buyer's Agent
Aleks Krnich
Trueblood Real Estate
List Price
$329,000
Sold Price
$304,000
Premium/Discount to List
-$25,000
-7.6%
Current Estimated Value
$399,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,320
Avg. Annual Appreciation
4.44%
Original Mortgage
$273,600
Outstanding Balance
$242,713
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$145,789

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jun 30, 2016
Sold by
Riley Julia K
Bought by
Knowles Lindsay R
Seller's Agent
Larry Gregerson
CENTURY 21 Scheetz
Buyer's Agent
Andrew Barton
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.38%
Original Mortgage
$280,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2008
Sold by
Schroeder Andrew J
Bought by
Riley Julia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,842
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2005
Sold by
Indiana Residentail Nominee Services Llc
Bought by
Schroeder Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2005
Sold by
Batra Aniel
Bought by
Indina Residential Nominee Srvces Llc
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
Hayward Michael $304,000 True Title, Llc
Knowles Lindsay R -- First American Title
Riley Julia K -- Ctic Smith Valley
Schroeder Andrew J -- None Available
Indina Residential Nominee Srvces Llc -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayward Michael $273,600
Previous Owner Knowles Lindsay R $280,000
Previous Owner Riley Julia K $199,489
Previous Owner Riley Julia K $210,247
Previous Owner Riley Julia K $207,900
Previous Owner Riley Julia K $205,842
Previous Owner Schroeder Andrew J $165,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2019 12/17/19 Sold $304,000 -4.7% $216 / Sq Ft
11/17/2019 11/17/19 Pending -- -- --
10/28/2019 10/28/19 Price Changed $319,000 -3.0% $227 / Sq Ft
09/30/2019 09/30/19 For Sale $329,000 +9.7% $234 / Sq Ft
06/30/2016 06/30/16 Sold $300,000 0.0% $213 / Sq Ft
04/19/2016 04/19/16 Off Market $300,000 -- --
04/18/2016 04/18/16 For Sale $300,000 -- $213 / 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 $3,574 $292,400 $51,800 $240,600
2023 $3,574 $296,800 $51,800 $245,000
2022 $3,566 $290,200 $51,800 $238,400
2021 $3,453 $292,000 $51,800 $240,200
2020 $3,541 $298,200 $51,800 $246,400
2019 $3,422 $282,700 $51,800 $230,900
2018 $3,484 $285,100 $51,800 $233,300
2017 $3,073 $283,800 $51,800 $232,000
2016 $2,406 $227,000 $27,900 $199,100
2014 $6,156 $284,700 $27,900 $256,800
2013 $5,919 $284,700 $27,900 $256,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21672132

MIBOR Broker Listing Cooperative®

APN: 49-11-01-168-016.022-101