NOT LISTED FOR SALE

Estimated Value: $483,000 - $512,000

1 Bed
1 Bath
1,105 Sq Ft
$391/mo HOA Fee

Last Sold December 22, 2023

Last sale price $474,300 $429 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,919/month

412 Days on Market

Highlights

  • 43,159 Sq Ft lot
  • Corner Lot
  • Storage
  • Contemporary Architecture
  • 1 Car Attached Garage
  • Accessible Entrance

About This Home

As of December 2023

Enjoy an exclusive contemporary lifestyle downtown in Chatham Arch. This first floor unit features 12 ft ceilings and high-quality finishes. Open concept kitchen with Corian quartz waterfall island counters, backsplash and Kitchen Aid stainless appliances. Gorgeous oak floors throughout as well. The unit also features generous bedroom, walk in closet, double vanity appointed bath with designer finishes and laundry room, Residents have access to fully appointed fitness center, communtiy room, outdoor grilling and gathering spaces and heated underground parking. Walkable to Mass Ave & the Bottleworks District. This first floor unit also features a spacious private patio with fabulous views of the surrounding neighborhood.

Last Agent to Sell the Property

Terry Brown

CENTURY 21 Scheetz Brokerage Email: tbrown@c21scheetz.com License #RB14042935 Listed on: 11/04/2022

CENTURY 21 Scheetz

Co-Listed By

Randy Farrell

United Real Estate Indpls Brokerage Email: tbrown@c21scheetz.com License #RB14042100

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 2022

Lot Details

  • 0.99

HOA Fees

  • $391 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,105 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Storage
  • Laundry on main level

Kitchen

  • Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Accessible Home Design

  • Accessibility Features
  • Accessible Entrance

Utilities

  • Dual Heating Fuel
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 102-B
  • Assessor Parcel Number 855102855102855102

Community Details

Overview

  • Association fees include builder controls, clubhouse, lawncare, nature area, snow removal, trash
  • Association Phone (317) 545-0105
  • Mid-Rise Condominium
  • Chatham Subdivision
  • Property managed by Communitas
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,400

Year Built

Built in 2022

Lot Details

0

HOA Fees

$391 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Builder Name: Chatham Park LLC
  • Property Type: Residential
  • New Construction: Yes
  • Accessibility Features: Accessible Entrance
  • Tax Year: 2021
  • Year Built: 2022
  • Building Area Total: 1105
  • Co List Office Phone: 317-814-5500
  • Garage Y N: Yes
  • Subdivision Name: Chatham
  • Transaction Type: Sale
  • Open House Count: 4
  • Open House Public Count: 0
  • Accessibility Features YN: Yes
  • Floor Number: 1
  • Lifestyles: Mid Rise/High Rise
  • Unit Entry Level: 1
  • F H A Certified: No
  • MBR_AttributionContact: tbrown@c21scheetz.com
  • Active Open House Count: 0
  • Attribution Contact: tbrown@c21scheetz.com
  • Special Features: NewHome

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Kitchen Exhaust, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Storage, Elevator
  • Living Area: 1105
  • Main Level Bedrooms: 1
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1105
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Poured Concrete
  • List Price: 474300
  • Construction Stage: Completed

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Assigned, Attached, Heated
  • Garage Parking Description: Built-In
  • Garage Parking Other: Integral Garage,Keyless Entry

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Dual, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Barbecue, Cable TV, Elevator(s), Fitness Center, Landscaping, Maintenance Grounds, Maintenance Structure, Picnic Area, Snow Removal, Trash, Water
  • Association Fee: 391
  • Association Fee Frequency: Monthly
  • Association Phone: 317-545-0105
  • Association YN: Yes
  • Management Company Name: Communitas
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Common Entry
  • Condo Type: Vertical

Fee Information

  • Association Fee Includes: Association Builder Controls, Clubhouse, Entrance Common, Lawncare, Nature Area, Snow Removal, Trash

Lot Info

  • Lot Features: Corner Lot, Sidewalks, Street Lights
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 43159
  • Parcel Number: 855102855102855102
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4400
  • Tax Lot: 102-B
  • Semi Annual Property Tax Amt: 2200
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2024
Sold by
Harb Charbel Y and Harb Youssef
Bought by
Harb Charbel Y and Harb Youssef
Total Days on Market
412
Current Estimated Value
$492,719

Purchase Details

Listed on
Nov 4, 2022
Closed on
Dec 21, 2023
Sold by
855 North East Llc
Bought by
Harb Charbel Y
Seller's Agent
Terry Brown
CENTURY 21 Scheetz
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$431,000
Sold Price
$474,300
Premium/Discount to List
$43,300
10.05%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$284,580
Interest Rate
7.44%
Mortgage Type
New Conventional
Source: Public Records

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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
Harb Charbel Y -- None Listed On Document
Harb Charbel Y -- None Listed On Document
Harb Charbel Y $474,300 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harb Charbel Y $284,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $474,300 0.0% $429 / Sq Ft
11/04/2022 11/04/22 Price Changed $474,300 +10.0% $429 / Sq Ft
11/04/2022 11/04/22 For Sale $431,000 -- $390 / 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 $10,963 $474,400 $104,400 $370,000
2023 $10,963 $461,400 $103,400 $358,000
2022 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21892038

MIBOR Broker Listing Cooperative®

APN: 49-11-01-192-007.001-101