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(SOLD) $467,500

504 N Park Avenue #5 Indianapolis, IN  46202

  • 2 Beds
  • 2 Baths
  • 1,238 sq. Ft

Property Description for 504 N Park Avenue #5 Indianapolis, IN 46202

Discover effortless luxury living in this 2-bed, 2-bath condo nestled within Lockerbie's most exclusive building. Loaded with high-end finishes, including KitchenAid appliances and California Closets, this unit epitomizes tranquility and elegance. Every detail has been meticulously designed for your comfort and ease of living in this split bedroom floor plan, which includes 1 garage parking space and storage. This northeast corner unit overlooks peaceful Park Ave and is a stone's throw away from downtown Indy's premier Mass Ave dining, nightlife and entertainment district, the Cultural Trail and Bottleworks. Seize the chance to experience the perfect blend of luxury, convenience and excitement. Welcome home to 500 Park Residences - Unit 5!

Address:504 N Park Avenue Indianapolis IN 46202
Status:Sold
Sold On: 11/14/2023
Price:$469,900
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,238
Year Built:2016
County: Marion
Township: Center NE
MLS #:21942371
Property Type:Condominium

Lot Features:Corner Lot, Not In Subdivision, Sidewalks, Storm Sewer, Street Lights
Water Source:Municipal/City
Directions:From Meridian St, turn east on North St to Park Ave. South on Park Ave to Michigan Street; building is on the northwest corner of Park & Michigan. Street parking on east side of Park Ave.
Main Level Sq. Ft. :1,238
Total Sq. Ft. :1,238

Loan Price
$3,188
Price And Interest $2,439/month
Property Tax $554/month
MTG INS $0/month
HOME INS $195/month
Price
$467,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$554/month
Home Owner Insurance
$2,340 / year
HOA Dues
$438 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Great Room 16x15 Main
Dining Room 11x10 Main
Kitchen 14x09 Main
Primary Bedroom 14x12 Main
Bedroom 2 13x11 Main
08x07 Main

Semi-Annual Property Tax:$3,326
Tax Year:2022
Mandatory HOA Fee:$438
HOA Fee Paid:Monthly

Area: 4912 - Marion - Center Ne
Subdivision: 500 Park Residences
Zip Code:46202

Total Sq. Ft.:1,238
Interior Features:Bath Sinks Double Main, Breakfast Bar, Raised Ceiling(s), Center Island, Elevator, Entrance Foyer, Paddle Fan, Handicap Accessible Interior, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Network Ready, Programmable Thermostat, Screens Complete, Supplemental Storage, Walk-in Closet(s), Wet Bar, Windows Vinyl, Wood Work Painted
Interior Area(s):Bedroom Other on Main, Laundry in Unit, Utility Room
Eating Area(s):Dining Combo/Great Room
Appliances:Gas Cooktop, Dishwasher, Dryer, Disposal, Refrigerator, Washer, Wine Cooler, Oven, MicroHood, Electric Water Heater
Equipment:Intercom, Smoke Alarm
Exterior Features:Exterior Handicap Accessible, Lighting, Smart Light(s), Smart Lock(s), Sprinkler System
Exterior Type:Brick, Block
Fireplace(s):Great Room
Cool:Central Electric
Heat:Forced Air, Electric
Water Heater:Gas Cooktop, Dishwasher, Dryer, Disposal, Refrigerator, Washer, Wine Cooler, Oven, MicroHood, Electric Water Heater
Total Rooms:6
Tim Birky, REALTOR®/Broker, F. C. Tucker Company
Tim Birky
Phone (317) 550-0700
Additional Phone (317) 844-4200
F.C. Tucker Company
Nick McNeely, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Nick McNeely
(317) 410-4402
McNeely & Birky Real Estate

Schools in 504 N Park Avenue #5 Indianapolis, IN  46202


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

Based on information submitted to the MLS GRID as of 09/08/2023 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
$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 1271 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.