NOT LISTED FOR SALE

706 Massachusetts Ave Unit 205 Indianapolis, IN 46204

Chatham Arch Neighborhood

Estimated Value: $274,821 - $384,000

1 Bed
1 Bath
1,024 Sq Ft
$260/mo HOA Fee

Last Sold April 30, 2012

Last sale price $195,000 $190 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,372/month

736 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Corner Lot
  • Contemporary Architecture
  • Wood Flooring
  • Wood Frame Window

About This Home

As of April 2012

Don't miss this outstanding condo overlooking Mass Ave. Open floor plan with floor to ceiling windows and Mahogany floors. Large 18x12 deck with an incredible view of Mass Ave. and downtown Indy. Custom cabinets and Corian counter tops in the fully equipped kitchen. Large 2nd floor master bedroom and master bath with Jacuzzi tub. This condo is in perfect condition ready to move in. All appliances are included. Gated parking with space for two cars and a large secure basement storage area.

Last Agent to Sell the Property

Michael Gamage

Gamage R. E. Services, LLC Brokerage Email: mike@mikegamage.com License #RB14022597 Listed on: 03/19/2010

Last Buyer's Agent

Margaret D'Souza

Red Door Real Estate License #RB14037588

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,922

Year Built

  • Built in 1860

Lot Details

  • 261

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Wood Frame Window
  • Family or Dining Combination
  • Wood Flooring
  • Monitored

Kitchen

  • Breakfast Bar
  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 491101168016023101

Community Details

Overview

  • Association fees include sewer, insurance, ground maintenance, maintenance structure, maintenance, snow removal, trash
  • Clifford & Chatham Place Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,922

Year Built

Built in 1860

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2009
  • Year Built: 1860
  • Building Area Total: 1024
  • Garage Y N: No
  • Subdivision Name: Clifford & Chatham Place
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • Floor Number: 2
  • Lifestyles: Loft,Mid Rise/High Rise
  • Unit Entry Level: 1
  • MBR_AttributionContact: mike@mikegamage.com
  • Attribution Contact: mike@mikegamage.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Oven, Refrigerator, Trash Compactor, Washer, Gas Water Heater
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Raised Ceiling(s), Hardwood Floors, Walk-in Closet(s), Wood Work Painted, Windows Wood, Breakfast Bar, Elevator, Hi-Speed Internet Availbl
  • Living Area: 1024
  • Other Equipment: Security Alarm Monitored, Smoke Alarm
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 512
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 512
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Brick
  • List Price: 204500
  • Patio And Porch Features: Deck Main Level

Garage/Parking

  • Garage Parking Other: Assigned Parking Outside

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Laundry Closet, Upper Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 260
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Condo Description Location: Building Common Entry,Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Sewer, Entrance Common, Insurance, Maintenance Grounds, Maintenance Structure, Maintenance, Snow Removal, Trash

Lot Info

  • Lot Features: Corner Lot
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Parcel Number: 491101168016023101
  • Acres: CndHPRCoop

Tax Info

  • Tax Annual Amount: 1922
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 961
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2010
Closed on
Apr 30, 2012
Sold by
Bennett Kari A Evans
Bought by
Ream James W and Ream Paula N
Seller's Agent
Michael Gamage
Gamage R. E. Services, LLC
Buyer's Agent
Margaret D'Souza
Red Door Real Estate
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$337,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,403
Avg. Annual Appreciation
4.59%
Original Mortgage
$185,250
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2005
Sold by
Day Robert A
Bought by
Evans Kari A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,900
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Ream James W -- None Available
Evans Kari A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ream James W $176,000
Closed Ream James W $185,250
Previous Owner Evans Kari A $173,900
Previous Owner Evans Kari A $32,600
Previous Owner Day Robert A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $195,000 0.0% $190 / Sq Ft
03/25/2012 03/25/12 Pending -- -- --
03/19/2010 03/19/10 For Sale $195,000 -- $190 / 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 $3,285 $269,600 $51,800 $217,800
2023 $3,285 $273,200 $51,800 $221,400
2022 $3,283 $267,300 $51,800 $215,500
2021 $3,196 $270,600 $51,800 $218,800
2020 $3,275 $276,100 $51,800 $224,300
2019 $3,172 $262,500 $51,800 $210,700
2018 $3,223 $264,200 $51,800 $212,400
2017 $2,846 $262,800 $51,800 $211,000
2016 $2,217 $209,000 $27,900 $181,100
2014 $2,927 $260,600 $27,900 $232,700
2013 $2,822 $260,600 $27,900 $232,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Gamage

    Gamage R. E. Services, LLC

    (317) 257-0450

    3 Total Sales

    Section Image

  • M

    Buyer's Agent in 2012

    Margaret D'Souza

    Red Door Real Estate

    (317) 828-2205

    2 in this area

    60 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21014829

MIBOR Broker Listing Cooperative®

APN: 49-11-01-168-016.023-101

Indiana Marion County Indianapolis 46202 Chatham Arch

706 Massachusetts Ave Unit 205, Indianapolis, IN

This home is located at 706 Massachusetts Ave Unit 205, Indianapolis, IN 46204 since 19 March 2010 and is currently estimated at $328,205, approximately $320 per square foot. This property was built in 1860. 706 Massachusetts Ave Unit 205 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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