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(SOLD) $575,000

225 N New Jersey Street #41 Indianapolis, IN  46204

  • 3 Beds
  • 2 Baths
  • 1,972 sq. Ft

Property Description for 225 N New Jersey Street #41 Indianapolis, IN 46204

Stunning downtown Indianapolis condominium two blocks from Mass Ave in the heart of Lockerbie Terrace. This exquisite 3- Bedroom, 2- bathroom condominium is nestled in the heart of downtown, offering the perfect blend of luxury, convenience and style. This condo boasts panoramic windows of the city's skyline, 2 private balconies, chic architectural design and light-filled interiors that flood every room. Gourmet kitchen features high-end stainless-steel appliances, granite countertops, and wine cooler. Luxurious amenities include a fitness center and rooftop terrace. This unit includes two secure parking designated spots, one underground garage and one on the surface which ensures convenience and peace of mind. Prime location within walking distance of trendy cafes, fine dining, theaters, sporting venues, and cultural hotspots just two blocks from Mass Ave. This downtown gem won't last long, Schedule a viewing today and experience urban living at its finest.
QuickBuy option for home selling

Address:225 N New Jersey Street Indianapolis IN 46204
Status:Sold
Sold On: 8/20/2024
Price:$649,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,972
Year Built:2003
Lot Size:0.03
County: Marion
Township: Center
MLS #:21966773
Property Type:Condominium

Lot Dimensions:1193
Lot Features:Sidewalks, Storm Sewer, Street Lights, Trees-Small (Under 20 Ft)
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,972
Total Sq. Ft. :1,972

Loan Price
$3,800
Price And Interest $2,999/month
Property Tax $561/month
MTG INS $0/month
HOME INS $240/month
Price
$575,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$561/month
Home Owner Insurance
$2,880 / year
HOA Dues
$972 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 19x16 Main
Dining Room 15x13 Main
Bedroom 2 16x11 Main
Kitchen 22x12 Main
Great Room 17x14 Main
Laundry 14x13 Main
Bedroom 3 12x8 Main

Semi-Annual Property Tax:$3,366
Tax Year:2023
Mandatory HOA Fee:$972
HOA Fee Paid:Monthly

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: Lockerbie Terrace
Zip Code:46204

Total Sq. Ft.:1,972
Interior Features:Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Window Metal, Wood Work Painted, Breakfast Bar, Elevator, Hi-Speed Internet Availbl, Center Island, Pantry
Interior Area(s):Laundry in Unit
Eating Area(s):Dining Combo/Great Room, Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, Disposal, Electric Oven, Range Hood, Refrigerator, Washer, Wine Cooler, Electric Water Heater, Water Softener Owned
Equipment:Smoke Alarm
Exterior Features:Balcony
Exterior Type:Stone
Fireplace(s):Gas Log, Great Room
Cool:Central Electric
Heat:Heat Pump
Water Heater:Dishwasher, Dryer, Disposal, Electric Oven, Range Hood, Refrigerator, Washer, Wine Cooler, Electric Water Heater, Water Softener Owned
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Lisa Pliskin with Engel & Volkers from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/06/2024 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 1578 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.

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