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(SOLD) $485,000

1 Virginia Avenue #603 Indianapolis, IN  46204

  • 2 Beds
  • 2 Baths
  • 1,661 sq. Ft

Property Description for 1 Virginia Avenue #603 Indianapolis, IN 46204

Welcome to your urban oasis in the heart of Downtown Indianapolis, where modern comfort meets vibrant city living in this 2 bedroom, 2 bathroom condo with a perfect blend of style, convenience, and accessibility to all that downtown has to offer. Enjoy the sleek and contemporary open floor plan, featuring clean lines, premium features, and abundant natural light with a breathtaking view of Indy's skyline. The spacious living area seamlessly connects to the dining space and well-furnished gourmet kitchen, creating an ideal environment for both entertaining and everyday living. Two well-appointed bedrooms, each offering comfort and privacy. The primary bedroom features a floor to ceiling window, ensuite bathroom connected to a spacious walk-in custom California Closet and access to the laundry room for added convenience and luxury. Secure entrances, fully equipped private gym, storage, plus more are included in HOA. This is more than just a place to live-it's a gateway to a dynamic urban lifestyle filled with cultural richness, culinary delights, and endless opportunities for exploration with everything you need just steps away. Whether you're a young professional, a couple, or someone seeking the pulse of city life, this condo offers the perfect blend of comfort and all the excitement Indy has to offer. Furnishings are negotiable.

Address:1 Virginia Avenue Indianapolis IN 46204
Status:Sold
Sold On: 9/13/2024
Price:$515,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,661
Year Built:2009
Lot Size:0.02
County: Marion
Township: Center SE
MLS #:21946824
Property Type:Condominium

Lot Dimensions:742
Lot Features:Sidewalks, Street Lights
Water Source:Municipal/City
Directions:Pennsylvania Ave south, past Washington St. At the corner of Virginia Ave and Pennsylvania St. Metered street parking available on Penn, Virginia & Maryland. Main entrance door faces north on Virginia Ave.
Main Level Sq. Ft. :1,661
Total Sq. Ft. :1,661

Loan Price
$3,258
Price And Interest $2,530/month
Property Tax $526/month
MTG INS $0/month
HOME INS $202/month
Price
$485,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$526/month
Home Owner Insurance
$2,424 / year
HOA Dues
$603 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 14x14 Main
Great Room 32x18 Main
Bedroom 2 15x12 Main
Kitchen 12x10 Main
Dining Room 10x12 Main

Semi-Annual Property Tax:$3,158
Tax Year:2022
Mandatory HOA Fee:$603
HOA Fee Paid:Monthly

Area: 4913 - Marion - Center Se
Subdivision: Allen Plaza
Zip Code:46204

Total Sq. Ft.:1,661
Interior Features:Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Bath Sinks Double Main, Elevator, Hi-Speed Internet Availbl, Center Island
Interior Area(s):Laundry in Unit
Eating Area(s):Dining Combo/Great Room
Appliances:Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Laundry Connection in Unit, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Water Softener Owned
Equipment:Smoke Alarm
Exterior Type:Other
Cool:Central Electric
Heat:Forced Air, Heat Pump, Electric
Water Heater:Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Laundry Connection in Unit, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Water Softener Owned
Total Rooms:5
Rachael Burt, REALTOR®/Broker, F. C. Tucker Company
Rachael Burt
Phone (317) 313-6276
Additional Phone (317) 259-6000
F.C. Tucker Company
Ellie Clark Orzeske, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Ellie Clark Orzeske
(317) 691-5841

Listing provided courtesy of Rachael Burt with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/03/2023 12:00 AM. 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.





Indianapolis Market Report

137
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $1,436.60. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,058.56. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 1939 minutes ago.

At the moment we have 90 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $38,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2103.24 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.