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(SOLD) $1,250,000

514 N Park Avenue Indianapolis, IN  46202

  • 4 Beds
  • 5 Baths
  • 4,524 sq. Ft

Property Description for 514 N Park Avenue Indianapolis, IN 46202

Located in Lockerbie, this stunning home features 4 levels of luxury living within walking distance to Mass Ave. The main level features a high end gourmet kitchen, high quality appliances, large island w/bar, butler's pantry and is open to the dining room and living room, making it perfect for fabulous dinner parties. The second level includes two bedrooms w/ large Jack & Jill bathroom, spacious family room and an impressive balcony where you can savor a glass of wine or entertain friends. The owner's suite occupies the entire third floor and features a luxurious bathroom with a massive walk-in shower, garden tub and double bowl vanity. The spacious walk-in closet is fabulous! The owner's suite also includes a cozy fireplace and private balcony where you can enjoy some fresh air and a morning cup of coffee before starting your day. Hosting guests or looking for a workout space? Head down to the finished basement media room and grab a cocktail from the Chicago style kitchen/bar, relax and enjoy a good movie. The basement also features a guest bedroom w/ full bathroom and a separate space perfect for work out equipment. As you walk through this home, you will be impressed by: quality built-in shelving, flex spaces, bars, multiple fireplaces, storage and wonderful outdoor living spaces. Don't worry about exhausting yourself going up and down the stairs to all these wonderful spaces either, because this home includes an elevator that stops on all 4 floors! Get ready for one the best features of all...this home includes an attached 3 car garage and 3 parking spaces in the driveway. There is plenty of room for your cars and parking for guests. No need to utilize your car too often because this home is just steps away from all the best our city has to offer. Owning this stunning home means you are getting everything on your wish list and more. Set up a showing today!
QuickBuy option for home selling

Address:514 N Park Avenue Indianapolis IN 46202
Status:Sold
Sold On: 12/7/2023
Price:$1,300,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths, 2 Half Baths
Sq. Feet:4,524
Year Built:2017
Lot Size:0.15
County: Marion
Township: Center NE
MLS #:21950365
Property Type:Townhouse

Lot Dimensions:3200
Lot Features:Sidewalks
Water Source:Municipal/City
Directions:From Mass Ave, head south on Park Ave. Property is on the west side of Park Ave. between North St. and Michigan st.
Main Level Sq. Ft. :1,026
Upper Level Sq. Ft. :2,472
Total Sq. Ft. :4,524
Basement:Yes

Loan Price
$7,463
Price And Interest $6,521/month
Property Tax $421/month
MTG INS $0/month
HOME INS $521/month
Price
$1,250,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$421/month
Home Owner Insurance
$6,252 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 14x13 Main
Kitchen 26x13 Main
Bonus Room 08x06 Upper
Bedroom 4 13x09 Upper
Bedroom 2 12x11 Upper
Living Room 26x15 Upper
Primary Bedroom 18x15 Upper
Family Room 18x13 Basement
Exercise Room 12x11 Basement
Bedroom 3 12x09 Basement
08x06 Upper

Semi-Annual Property Tax:$2,526
Tax Year:2022
Mandatory HOA Fee:$

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

Total Sq. Ft.:4,524
Interior Features:Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Wet Bar, Windows Thermal, Breakfast Bar, Paddle Fan, Eat-in Kitchen, Elevator, Entrance Foyer, Hi-Speed Internet Availbl, Center Island, Pantry, Programmable Thermostat, Surround Sound Wiring
Eating Area(s):Dining Combo/Kitchen
Appliances:Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Oven, Double Oven, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
Equipment:Smoke Alarm
Exterior Features:Balcony
Exterior Type:Brick, Wood
Fireplace(s):Primary Bedroom, Electric, Living Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Oven, Double Oven, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
Total Rooms:12
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 514 N Park Avenue Indianapolis, IN  46202


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Listing provided courtesy of Michael Botkin with CENTURY 21 Scheetz from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/10/2023 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 1106 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.