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(SOLD) $315,000

350 N Meridian Street N #508 Indianapolis, IN 46204

2 Beds
2 Baths
1,499 sq. Ft

Property Description for 350 N Meridian Street N #508 Indianapolis, IN 46204

Welcome to one of Downtown Indy's most desirable and iconic addresses - The IAC. This historical building boasts stunning architecture and offers a range of amenities not found in other downtown condo developments. These include a fitness center, basketball court, virtual golf, squash and racquetball courts, a conference center, a community lounge complete with a kitchenette, and a rooftop with views over the heart of Indy. This fabulous and very quiet 2BR/2BA condo unit is flooded with natural light and features an open-concept living space. The kitchen is complete with granite counters, stainless steel appliances, and a breakfast bar that flows into the spacious living and dining room. The primary bedroom features two closets - a walk-in and a standard - and an ensuite bathroom with a full shower and double vanity. The unit comes with two parking spots - one surface and one in the garage - as well as a storage unit.

Address:350 N Meridian Street N Indianapolis IN 46204

Status:Sold

Sold On: 3/7/2024

Price:$325,000

Bedrooms:2 Beds

Bathrooms:2 Full Baths

Sq. Feet:1,499

Year Built:1924

Lot Size:0.01

County: Marion

Township: Center NW

MLS #:21960067

Property Type:Condominium

Buyer Broker Compensation: 3.0%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:320

Lot Features:Curbs, Sidewalks, Storm Sewer, Street Lights

Water Source:Community Water

Directions:The Athletic Club is located at 350 Meridian Street facing a city park and the War Memorial Mall. On the corner of Vermont Street and North Street.

Main Level Sq. Ft. :1,499

Total Sq. Ft. :1,499

Loan Price

$2,397

Price And Interest $1,643/month

Property Tax $623/month

MTG INS $0/month

HOME INS $131/month

Price

$315,000

Down Payment %

0 %

Down Payment

Property Taxes

$623/month

Home Owner Insurance

$1,572 / year

HOA Dues

$737 / Month

Interest Rate

4.75 %

Mortgage Ins.

$0 / year

YEARS

Room	Size	Level
Bedroom 2	15x10	Main
Dining Room	15x9	Main
Kitchen	16x10	Main
Primary Bedroom	18x12	Main
	06x03	Main
Living Room	15x12	Main

Semi-Annual Property Tax:$3,736

Tax Year:2023

Other Disclosures:None, Sales Disclosure On File

Mandatory HOA Fee:$737

HOA Fee Paid:Monthly

Area: 4911 - Marion - Center Nw

City:Indianapolis

Subdivision: Athletic Club Iac Lofts

Zip Code:46204

Total Sq. Ft.:1,499

Interior Features:Breakfast Bar, Hi-Speed Internet Availbl, Pantry, Walk-in Closet(s), Wood Work Painted

Interior Area(s):Laundry in Unit

Eating Area(s):Dining Combo/Great Room

Appliances:Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer, MicroHood, Electric Water Heater, Water Softener Owned

Equipment:Smoke Alarm

Exterior Type:Brick

Cool:Central Electric

Heat:Forced Air, Electric

Water Heater:Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer, MicroHood, Electric Water Heater, Water Softener Owned

Total Rooms:5

Matt McLaughlin

Phone (317) 590-0529

Additional Phone (317) 844-4200

Email matt.mclaughlin@talktotucker.com

F.C. Tucker Company

VISIT MY PROFILE

Co-Listing Agent

Theresa Leibold

Email Theresa

(317) 506-9036

Matt McLaughlin & Associates

VISIT MY PROFILE

Schools in 350 N Meridian Street N #508 Indianapolis, IN 46204

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

Based on information submitted to the MLS GRID as of 01/16/2024 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

Avg. DOM

$166.08

Avg. $ / Sq.Ft.

$ 290,000

Med. List Price

The house prices in Indianapolis are not dropping at the moment. There has been a increase in price of $558.50. 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 $290,000.00 and the average price per square feet is $165.93 per square feet. At the moment, the amount of homes listed is exactly 11610 houses, with 1489 with active status, 1503 with pending status and 8618 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 $3,048.12. 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 78 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 1286 minutes ago.

At the moment we have 30 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $5,500,000.00. 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 $35,000.00 . 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 2194.9 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.

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350 N Meridian Street N #508 Indianapolis, IN 46204