NOT LISTED FOR SALE

Estimated Value: $237,000 - $274,000

2 Beds
1.5 Baths
859 Sq Ft
$150/mo HOA Fee

Last Sold August 01, 2023

Last sale price $235,000 $274 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,796/month

25 Days on Market

Highlights

  • Vaulted Ceiling
  • Balcony
  • 1 Car Detached Garage
  • Covered Patio or Porch
  • Wood Frame Window
  • Thermal Windows

About This Home

As of August 2023

Chatham Arch Condo - 2 Bedrooms, 1.5 Bathrooms - 1 Private Garage - 150/mo HOA Fee - One Block from Bottleworks and Mass Ave | This is a rare opportunity to get into Chatham Arch at an incredible price point. You'll love the 2nd floor location of this unit, complete with your balcony that overlooks Broadway. The full custom bath offers another elevated moment at this unit. The unit also features well thought out closet design in both bedrooms as well as additional storage in the basement. Serene, communal green space in the back is a bonus. Newer AC and water heater. Water softener installed and stays. Don't miss your chance to call this home. Low average utilities: AES: 65/mo/avg; Citizens: 85/mo/avg.

Last Agent to Sell the Property

Natalie Clayton

Maywright Property Co. License #RB16001824 Listed on: 05/26/2023

Last Buyer's Agent

Benjamin Claghorn

United Real Estate Indpls

United Real Estate Indpls

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,950

Year Built

  • Built in 1920

Lot Details

  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Entry on the 2nd floor
  • Block Foundation

Interior Spaces

  • 859 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Thermal Windows
  • Wood Frame Window
  • Combination Kitchen and Dining Room
  • Laminate Flooring
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Center For Inquiry School 2 Elementary School

Utilities

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

Community Details

  • Association fees include home owners, insurance, lawncare, ground maintenance, maintenance structure, snow removal, trash
  • Arvin Lofts Subdivision
  • Property managed by Owner Controlled
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 491101247014003101

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,950

Year Built

Built in 1920

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1920
  • Building Area Total: 1012
  • Garage Y N: Yes
  • Subdivision Name: Arvin Lofts
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: maywright.com/downtown/
  • Accessibility Features YN: No
  • Floor Number: 2
  • Lifestyles: Flat
  • Unit Entry Level: 2
  • F H A Certified: No
  • Website: https://chathamarch.org/
  • MBR_AttributionContact: natalie@maywright.com
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall, No One Below
  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Raised Ceiling(s), Windows Thermal, Windows Wood, Wood Work Painted
  • Living Area: 859
  • Main Level Bedrooms: 2
  • Other Equipment: Not Applicable
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 859
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Wood Brick
  • Exterior Features: Balcony
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • List Price: 249950
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Management Company Name: Owner Controlled
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Common Entry,Upper Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Parcel Number: 491101247014003101
  • Acres: CndHPRCoop

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2950
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1475
  • Tax Exemption: Mortage Tax Exemption

MLS Schools

  • Elementary School: Center For Inquiry School 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Aug 4, 2023
Sold by
Barriger Robert B
Bought by
Chang Rita
Seller's Agent
Natalie Clayton
Maywright Property Co.
Buyer's Agent
Benjamin Claghorn
United Real Estate Indpls
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Views
132
Current Estimated Value
$258,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,199
Avg. Annual Appreciation
5.26%
Original Mortgage
$117,000
Outstanding Balance
$108,599
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$152,963

Purchase Details

Listed on
Sep 12, 2020
Closed on
Mar 18, 2021
Sold by
Blessinger Austin J
Bought by
Barriger Robert B
Seller's Agent
Jay Bade
Highgarden Real Estate
Buyer's Agent
Natalie Clayton
Maywright Property Co.
List Price
$239,000
Sold Price
$227,500
Premium/Discount to List
-$11,500
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.38%
Original Mortgage
$170,625
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2018
Sold by
Noel Anthony N
Bought by
Blessinger Austin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,760
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2010
Sold by
Legg Amy J
Bought by
Noel Anthony N and Noel Anthony Nobel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2008
Sold by
Deximo Christina A
Bought by
Legg Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,217
Interest Rate
6.36%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2006
Sold by
Hawkeye Inc
Bought by
Deximo Christina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
6.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Chang Rita $235,000 First American Title
Barriger Robert B $227,500 None Available
Blessinger Austin J $220,000 Krieg Devault Llp
Noel Anthony N -- First American Title Ins Co
Legg Amy J -- First American Title
Deximo Christina A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Rita $117,000
Previous Owner Barriger Robert B $170,625
Previous Owner Blessinger Austin J $201,760
Previous Owner Noel Anthony N $125,000
Previous Owner Noel Anthony N $94,500
Previous Owner Legg Amy J $126,217
Previous Owner Deximo Christina A $113,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $235,000 -6.0% $274 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $249,950 0.0% $291 / Sq Ft
05/26/2023 05/26/23 For Sale $249,900 +9.8% $291 / Sq Ft
03/18/2021 03/18/21 Sold $227,500 -3.2% $225 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/09/2021 02/09/21 Price Changed $234,900 -1.7% $232 / Sq Ft
09/12/2020 09/12/20 For Sale $239,000 -- $236 / 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 $3,000 $239,600 $15,400 $224,200
2023 $3,000 $249,900 $15,400 $234,500
2022 $2,951 $244,400 $15,400 $229,000
2021 $2,558 $217,400 $15,400 $202,000
2020 $2,567 $217,400 $15,400 $202,000
2019 $2,650 $220,200 $15,400 $204,800
2018 $1,738 $145,300 $49,000 $96,300
2017 $1,563 $144,000 $49,000 $95,000
2016 $1,520 $142,700 $48,600 $94,100
2014 $1,584 $148,400 $51,300 $97,100
2013 $1,594 $148,400 $51,300 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21923268

MIBOR Broker Listing Cooperative®

APN: 49-11-01-247-014.003-101