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(SOLD) $400,000

550 Lockerbie Circle S Indianapolis, IN  46202

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

Property Description for 550 Lockerbie Circle S Indianapolis, IN 46202

A block from the Athenaeum, but tucked away on a looping street, 550 Lockerbie Cir S is in the heart of it all without the traffic. This charming 2-bedroom, 1.5-bathroom townhouse is on the corner lot, with views of mature trees and a serene feel. Built in 1984, the home boasts 1875 square feet of spacious living area, with a bright and inviting atmosphere. Enter from the private patio or drive into the attached garage. The main floor has an open layout with a sundrenched living room that flows into the dining area adjacent to the kitchen. Upstairs is the spacious, light-filled master bedroom, a generous second bedroom, and an ample shared bath. On the lower floor, you'll find the laundry room, a flex space, and the connection to the garage. Plenty of storage throughout. This move-in ready residence is a fantastic opportunity for those seeking a comfortable home in a great location.
QuickBuy option for home selling

Address:550 Lockerbie Circle S Indianapolis IN 46202
Status:Sold
Sold On: 10/17/2024
Price:$410,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:1,875
Year Built:1984
Lot Size:0.03
County: Marion
Township: Center
MLS #:21977994
Property Type:Condominium

Lot Dimensions:1077
Lot Features:Corner Lot, Sidewalks, Storm Sewer, Street Lights
Water Source:Municipal/City
Directions:The Lockerbie Circle loop has a North street and a South street. The condo is between the two, inside the loop. Note that Lockerbie Cir S is also the rear access for homes on Vermont St, thus the other 550.
Main Level Sq. Ft. :625
Upper Level Sq. Ft. :1,250
Total Sq. Ft. :1,875

Loan Price
$2,676
Price And Interest $2,087/month
Property Tax $422/month
MTG INS $0/month
HOME INS $167/month
Price
$400,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$422/month
Home Owner Insurance
$2,004 / year
HOA Dues
$260 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 17x12 Upper
Kitchen 8x8 Main
Dining Room 10x9 Main
Living Room 17x16 Main
Bedroom 2 11x10 Upper

Semi-Annual Property Tax:$2,531
Tax Year:2023
Other Disclosures:None
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:Attic Access, Walk-in Closet(s), Hardwood Floors, Window Bay Bow, Windows Thermal, Wood Work Painted, Breakfast Bar, Paddle Fan, Entrance Foyer
Eating Area(s):Dining Combo/Living Room
Appliances:Dishwasher, Dryer, Disposal, MicroHood, Gas Oven, Refrigerator, Washer, Gas Water Heater
Equipment:Smoke Alarm
Exterior Type:Brick, Cement Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, MicroHood, Gas Oven, Refrigerator, Washer, Gas Water Heater
Total Rooms:5
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 Sylva Zhang with @properties from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/07/2024 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 929 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.