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$465,000 ↓$20,000on 11/12/2024

503 Lockerbie Circle N Indianapolis, IN  46202

  • 2 Beds
  • 3 Baths
  • 1,875 sq. Ft

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Property Description for 503 Lockerbie Circle N Indianapolis, IN 46202

**Lockerbie Glove Townhouse!** Aha! You have found the perfect (yet elusive!) Downtown home! Enjoy a prime Lockerbie location just steps from Mass Ave, shopping, and countless phenomenal restaurants. Experience a carefree, lock-and-leave lifestyle with a completely renovated interior at a hard-to-find price point-what's not to love? The updated kitchen seamlessly opens to the main living space, making entertaining a breeze! Just take a look at those pristine hardwood floors.. The upper level features a sleek primary suite with a fully renovated bathroom and a spacious walk-in closet. The guest bathroom is equally impressive- a second full bath is a true rarity among Lockerbie townhomes. We absolutely adore the outdoor brick-walled courtyard, perfect for relaxation after a hectic day! The lower level offers versatile space for a home office, additional living area, or a home gym-the possibilities are endless! This townhouse is perfect for first-time buyers, empty nesters, or anyone seeking an urban pied-a-terre. Say goodbye to the hassle of parking on Mass Ave! One, two, three... go!
QuickBuy option for home selling

Address:503 Lockerbie Circle N Indianapolis IN 46202
Status:Active
on site: 56 days
Price:$465,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:1,875
Year Built:1985
Lot Size:0.03
County: Marion
Township: Center
MLS #:22003527
Property Type:Condominium

Lot Dimensions:1117
Lot Features:Corner Lot, Sidewalks, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,250
Upper Level Sq. Ft. :625
Total Sq. Ft. :1,875

Loan Price
$2,991
Price And Interest $2,426/month
Property Tax $371/month
MTG INS $0/month
HOME INS $194/month
Price
$465,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$371/month
Home Owner Insurance
$2,328 / year
HOA Dues
$260 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/12/24 $485,000 $465,000 -4.12%
10/15/24 $500,000 $485,000 -3%

RoomSizeLevel
Dining Room 10x9 Main
Family Room 13x12 Main
Bedroom 2 10x11 Upper
Living Room 17x14 Main
Kitchen 8x7 Main
Primary Bedroom 12x17 Upper

Semi-Annual Property Tax:$2,228
Tax Year:2023
Other Disclosures:Not Applicable
Mandatory HOA Fee:$260
HOA Fee Paid:Monthly

Area: 4912 - Marion - Center Ne
Subdivision: Lockerbie Glove
Zip Code:46202

Total Sq. Ft.:1,875
Interior Features:Walk-in Closet(s)
Eating Area(s):Dining Combo/Living Room
Appliances:Dishwasher, Dryer, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
Equipment:Smoke Alarm
Exterior Type:Brick
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Joe Everhart with Everhart Studio, Ltd. from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/24/2024 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

109
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 $20,825.47. 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 $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 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 $3,194.02. 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 68 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 828 minutes ago.

At the moment we have 105 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 $45,900.00 . 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 2112.74 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.