$393,000
SOLD SEP 29, 2020
2 Beds
2 Baths
1,558 Sq Ft
871 Sq Ft Lot

Recently Sold

$252 Per Sq Ft

6% Below List Price

30 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Car Attached Garage
  • Woodwork
  • Elevator
  • Storm Windows
  • 3-minute walk to Indianapolis Cultural Trail

About This Home

As of June 2023

Open concept penthouse in rarely available Lockerbie Terrace, heart of downtown close walk to sporting events, shows, shopping, cultural trail, Mass. Ave. restaurants, grocery, light, bright city views from every room, upgraded appliances, gas range/elec. convection oven, granite counter tops, Kinetico softener & RO system, washer/dryer, barstools, tile & berber flooring, private tiled balcony, Hunter Douglas silhouette blinds, abundance of custom built-in cabinetry, huge master closet with amazing build-in cabinets/shelving/drawers, Murphy bed in 2nd bedroom, large custom cabinets in lower level garage, security cameras, ATD avai., deeded underground+gated parking, fitness room, roof sundeck, stunning lobby. See, love, buy it and enjoy.

Last Agent to Sell the Property

Dan DuBois

Town Lake & Country RealEstate Listed on: 07/20/2020

Last Buyer's Agent

Thomas Stemlar

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $3,838

Year Built

  • Built in 2004

Lot Details

  • Partially Fenced Property
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1,558 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Aluminum Window Frames
  • Window Screens
  • Family or Dining Combination

Kitchen

  • Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Handicap Accessible

Utilities

  • Forced Air Heating and Cooling System
  • Water Purifier
  • Multiple Phone Lines

Listing and Financial Details

  • Assessor Parcel Number 491101240243008101

Community Details

Overview

  • Association fees include entrance private, exercise room, insurance, lawncare, maintenance, management, snow removal, trash
  • Lockerbie Terrace Subdivision
  • Property managed by Meridian Magmt.
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Elevator

Property Details

Home Type

Co-Op

Est. Annual Taxes

$3,838

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2004
  • Garage Y N: Yes
  • Subdivision Name: LOCKERBIE TERRACE
  • Inspection Warranties: General
  • Property Description: Open concept penthouse in rarely available Lockerbie Terrace, heart of downtown close walk to sporting events, shows, shopping, cultural trail, Mass. Ave. restaurants, grocery, light, bright city views from every room, upgraded appliances, gas range/elec. convection oven, granite counter tops, Kinetico softener & RO system, washer/dryer, barstools, tile & berber flooring, private tiled balcony, Hunter Douglas silhouette blinds, abundance of custom built-in cabinetry, huge master closet with amazing build-in cabinets/shelving/drawers, Murphy bed in 2nd bedroom, large custom cabinets in lower level garage, security cameras, ATD avai., deeded underground+gated parking, fitness room, roof sundeck, stunning lobby. See, love, buy it and enjoy.
  • Transaction Type: Sale
  • Floor Number: 6
  • Lifestyles: Pent House
  • Unit Entry Level: 68
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Convection Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closet(s), Screens Complete, Storms Complete, Window Metal, Wood Work Painted
  • Living Area: 1558
  • Other Equipment: CO Detectors, Elevator Common, Elevator Service, Multiple Phone Lines, Security Alarm Paid, Smoke Detector, Water Purifier, Water-Softener Owned
  • Room Count: 5
  • Areas Interior: Foyer Large,Laundry in Unit
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1558
  • Main Level Sq Ft: 1558
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Balcony,Closet Walk in,Shower Stall Full,Sinks Double
  • Total Sq Ft: 1558
  • Kitchen Features: Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial, Exterior Handicap Accessible, Irrigation System
  • Foundation Details: Concrete Perimeter
  • List Price: 419900
  • Association Maintained Building Exterior: 1
  • Construction Stage: Completed
  • Porch: Balcony,Covered Patio

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Electric,Other/See Remarks
  • Garage Parking Description: Attached
  • Garage Parking Other: Assigned Parking,Assigned Parking Outside,Garage Door Opener,Shared Garage,Heated

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Meridian Magmt.
  • Management Company Phone: 317-262-4989
  • H O A Disclosures: Covenants & Restrictions
  • Condo Description Location: Building Common Entry,Upper Level
  • Condo Type: Co-op

Fee Information

  • Association Fee Includes: Entrance Private, Exercise Room, Insurance, Insurance, Lawncare, Maintenance, Management, Snow Removal, Trash
  • Mandatory Fee: 673

Lot Info

  • Property Attached Yn: Yes
  • Parcel Number: 491101240243008101
  • Acres: <1/4 Acre
  • Lot Information: Corner,Gated Community,Sidewalks,Storm Sewer,Tree Mature
  • Lot Number: 68
  • Lot Size: UNIT 68

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3838
  • Semi Annual Property Tax Amt: 1919
  • Tax Exemption: Homestead Tax Exemption Filed Not Reflected

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2023
Closed on
Jun 14, 2023
Sold by
Whisman Scott
Bought by
Schultz Terry and Schultz Barbara
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Marcy Fox
CENTURY 21 Scheetz
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$416,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,346
Avg. Annual Appreciation
0.98%

Purchase Details

Listed on
Jan 5, 2021
Closed on
Feb 18, 2021
Sold by
Kim Jieun
Bought by
Whisman Scott
Seller's Agent
Mark Branch
Highgarden Real Estate
Buyer's Agent
Thomas Stemlar
F.C. Tucker Company
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Original Mortgage
$373,450
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 29, 2020
Sold by
Dubois Trust
Bought by
Kim Jieun
Seller's Agent
Dan DuBois
Town Lake & Country RealEstate
Buyer's Agent
Thomas Stemlar
F.C. Tucker Company
List Price
$419,900
Sold Price
$393,000
Premium/Discount to List
-$26,900
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.89%
Original Mortgage
$314,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2018
Sold by
Riad Lutfi
Bought by
Pier Lutfi

Purchase Details

Closed on
Jun 12, 2016
Sold by
Reynders John
Bought by
Daniel J Dubois Trustee and Jessie L Dubois Trustee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $410,000 Landquest Title
Warranty Deed $385,000 None Available
Deed -- None Available
Deed $295,500 --
Deed $300,000 --
Warranty Deed -- Hamilton National Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $373,450 New Conventional
Previous Owner $314,400 New Conventional
Previous Owner $150,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $410,000 0.0% $263 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/21/2023 05/21/23 For Sale $410,000 +6.5% $263 / Sq Ft
02/24/2021 02/24/21 Sold $385,000 -2.0% $247 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/13/2021 01/13/21 Price Changed $393,000 -1.5% $252 / Sq Ft
01/05/2021 01/05/21 For Sale $399,000 +1.5% $256 / Sq Ft
09/29/2020 09/29/20 Sold $393,000 -6.4% $252 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $419,900 0.0% $270 / Sq Ft
08/19/2020 08/19/20 For Sale $419,900 +1.2% $270 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/03/2020 08/03/20 Price Changed $414,900 -1.2% $266 / Sq Ft
07/20/2020 07/20/20 For Sale $419,900 0.0% $270 / Sq Ft
01/17/2014 01/17/14 Rented $1,900 -5.0% --
01/02/2014 01/02/14 Under Contract -- -- --
10/07/2013 10/07/13 For Rent $2,000 -- --
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 $4,845 $396,100 $44,600 $351,500
2023 $4,845 $400,700 $44,600 $356,100
2022 $5,016 $406,500 $44,600 $361,900
2021 $4,419 $372,500 $44,600 $327,900
2020 $3,926 $336,700 $44,600 $292,100
2019 $4,123 $346,800 $44,600 $302,200
2018 $3,887 $325,000 $44,600 $280,400
2017 $3,293 $304,200 $44,600 $259,600
2016 $3,342 $316,100 $44,600 $271,500
2014 $6,672 $308,600 $44,600 $264,000
2013 $6,416 $308,600 $44,600 $264,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21725876

MIBOR Broker Listing Cooperative®

APN: 49-11-01-240-243.008-101