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Open House:  Sunday, April 28, 2024, From 1:00 PM - 3:00 PM

$349,000

611 N Park Avenue #204 Indianapolis, IN  46204

  • 2 Beds
  • 2 Baths
  • 1,230 sq. Ft

Property Description for 611 N Park Avenue #204 Indianapolis, IN 46204

Take a close look at this stunning 2-bed, 2-bath loft with 16-ft ceilings in the perfectly located Real Silk Lofts building, just off Mass Ave. This contemporary urban loft features a wall of windows, flooding the unit with natural light. The gorgeous kitchen boasts a new marble backsplash, high-end cabinets, and modern shelving, creating an elegant and functional focal point for the home. Throughout the unit, beautiful hardwood floors provide a warm and inviting atmosphere, while the covered patio offers a versatile outdoor space with giant windows, perfect for enjoying the natural light or functioning as an office area. The modern updated baths feature extra cabinetry, elevating the level of comfort and style. Additionally, both bedroom closets have been updated with high-end shelves, providing ample storage and organization. The Real Silk building enhances the urban lifestyle with amenities such as an indoor pool, gym, steam room, and hot tub, providing residents with the ultimate in luxury and relaxation, not to mention the location just steps from Mass Ave, Bottleworks, and downtown Indy. For added convenience, an assigned underground garage spot is included with the unit, offering secure parking and peace of mind. This exceptional property provides a rare opportunity to experience city living at its finest, with a perfect blend of modern luxury, sophisticated design, and a premier location in the heart of Mass Ave. Real Silk Lofts is a 100% Non-Smoking building . AIRBNB not allowed .

Sunday, April 28, 2024, From 1:00 PM - 3:00 PM

Address:611 N Park Avenue Indianapolis IN 46204
Status:Active
on site: 42 days
Price:$349,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,230
Year Built:1926
County: Marion
Township: Center
MLS #:21967236
Property Type:Condominium
Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:871
Lot Features:Gated Community, Sidewalks, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,230
Total Sq. Ft. :1,230

Loan Price
$2,316
Price And Interest $1,821/month
Property Tax $350/month
MTG INS $0/month
HOME INS $145/month
Price
$349,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$350/month
Home Owner Insurance
$1,740 / year
HOA Dues
$525 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Great Room 16 x 14 Main
Dining Room 14 x 11 Main
Kitchen 12 x10 Main
Primary Bedroom 13 x13 Main
Primary Bedroom 17 x 12 Main
Sun Room 16 x 5 Main

Semi-Annual Property Tax:$2,098
Tax Year:2022
Financial Disclosures:Not Applicable
Mandatory HOA Fee:$525
HOA Fee Paid:Monthly

Area: 4912 - Marion - Center Ne
Subdivision: Real Silk Lofts
Zip Code:46204

Total Sq. Ft.:1,230
Interior Features:Attic Access, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Breakfast Bar, Elevator, Entrance Foyer, Hi-Speed Internet Availbl
Interior Area(s):Great Room - 2 Story, Laundry in Unit
Eating Area(s):Dining Combo/Great Room
Appliances:Gas Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Kitchen Exhaust, Laundry Connection in Unit, MicroHood, Microwave, Gas Oven, Refrigerator, Washer
Equipment:Smoke Alarm
Exterior Features:Balcony
Exterior Type:Brick
Fireplace(s):Gas Log
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Gas Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Kitchen Exhaust, Laundry Connection in Unit, MicroHood, Microwave, Gas Oven, Refrigerator, Washer
Total Rooms:6
Tom Stemlar, REALTOR®/Broker, F. C. Tucker Company
Tom Stemlar
Phone (317) 697-3455
Additional Phone (317) 686-0612
F.C. Tucker Company

Schools in 611 N Park Avenue #204 Indianapolis, IN  46204


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

Based on information submitted to the MLS GRID as of 03/14/2024 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

79
Avg. DOM
$167.47
Avg. $ / Sq.Ft.
$ 292,160
Med. List Price

The house prices in Indianapolis are not dropping at the moment. There has been a increase in price of $4,803.52. 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 Up. The average house price is $289,000.00 and the average price per square feet is $167.78 per square feet. At the moment, the amount of homes listed is exactly 11225 houses, with 1458 with active status, 1439 with pending status and 8328 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 $2,893.41. 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 77 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 524 minutes ago.

At the moment we have 61 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $6,000,000.00. 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 $1.00 . 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 1850 and the newest built house is in year 2024.

The average size of properties in Indianapolis is 2174.45 sq.ft. , the biggest one being 11598 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.