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Sold
  • $350,000

    225 N New Jersey St APT 46, Indianapolis, IN 46204

    2beds
    1,977sqft
    Residential, Condominium
    Built in 2003
    -- sqft lot
    $406,200 Zestimate®
    $177/sqft
    $2,619 Estimated rent

    Home value

    $406,200

    $386,000 - $427,000

    $2,619/mo

    Zestimate® history
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    What's special

    Modern appliancesAmazing viewsDouble sinksWall of windowsIn-unit laundrySoaring ceilingsIncredible natural light
    Experience vibrant downtown living in this spacious 2-bedroom, 2-bath condo located in the desirable Lockerbie Terrace community. With nearly 2,000 square feet of stylish living space, this light-filled unit features an open-concept layout, soaring ceilings, and a wall of windows in nearly every room-offering amazing views and incredible natural light throughout. Beautiful new hardwood floors span the entire main living area, adding warmth and sophistication. The kitchen offers ample cabinetry, modern appliances, and a large breakfast bar that flows seamlessly into the living and dining spaces. The primary suite features a spacious bath with double sinks, a walk-in shower, and generous closet space. A second bedroom and full hall bath provide comfort and flexibility for guests or a home office. Additional highlights include in-unit laundry and two dedicated parking spaces-one gated surface space and one garage space. Built in 2003, this secure, elevator-access building is well-maintained and professionally managed. HOA fee includes water, sewer, trash, and common area maintenance. Located just steps from Mass Ave, Bottleworks District, dining, shopping, and entertainment-this is low-maintenance, luxury urban living at its finest!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Sample 812-327-8273,

    RE/MAX Acclaimed Properties

    Bought with:

    Non-BLC Member

    MIBOR REALTOR® Association

    Source: MIBOR as distributed by MLS GRID,MLS#: 22038343MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 266 Square Feet
    • Dimensions: 19x14
    Bedroom 2
    • Level: Main
    • Area: 224 Square Feet
    • Dimensions: 16x14
    Dining room
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 15x14
    Kitchen
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Laundry
    • Level: Main
    • Area: 36 Square Feet
    • Dimensions: 6x6
    Library
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 14x13
    Living room
    • Level: Main
    • Area: 459 Square Feet
    • Dimensions: 27x17
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Breakfast Bar, Entrance Foyer, Ceiling Fan(s), Walk-In Closet(s)
    • Has basement: No
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,977
    • Total interior livable area: 1,977 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Attached, Gated
    • Attached garage spaces: 1
    • Details: Garage Parking Other(Assigned Parking Outside, Other)
    Accessibility
    • Accessibility features: Accessible Doors
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Building Common Entry
    • Patio & porch: Covered, Rooftop
    • Exterior features: Balcony
    Lot
    • Size: 1,306 Square Feet
    • Features: Gated Community
    Details
    • Parcel number: 491101240243031101
    • Special conditions: Probate Listing,Estate
    • Horse amenities: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other
    • Property subtype: Residential, Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Low Maintenance Lifestyle, Fitness Center, Gated, Sidewalks
    • Subdivision: Lockerbie Terrace
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance, Trash
    • Services included: Sewer, Maintenance, Trash
    • HOA fee: $746 monthly
    • HOA phone: 317-545-0105
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $177/sqft
    • Tax assessed value: $492,700
    • Annual tax amount: $11,261
    • Date on market: 5/19/2025
    • Cumulative days on market: 204 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/18/2026Sold$350,000-16.5%$177/sqft
    Source: MIBOR as distributed by MLS GRID #22038343 Report a problem
    12/22/2025Pending sale$419,000$212/sqft
    Source: MIBOR as distributed by MLS GRID #22038343 Report a problem
    9/25/2025Price change$419,000-6.7%
    Source: IRMLS #202518183 Report a problem
    9/16/2025Pending sale$449,000$227/sqft
    Source: MIBOR as distributed by MLS GRID #22038343 Report a problem
    8/26/2025Price change$449,000-10%$227/sqft
    Source: MIBOR as distributed by MLS GRID #22038343 Report a problem
    5/16/2025Listed for sale$499,000
    Source: IRMLS #202518183 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,210 -1.1%$492,700 +4.3%
    2024$11,333 -2%$472,400 -1.1%
    2023$11,564 +13.2%$477,800 -2.4%
    2022$10,217 +3.3%$489,800 +10.6%
    2021$9,895 -4.7%$442,900 +3.7%
    2020$10,388 +5.7%$427,300 -2.9%
    2019$9,827 +19.4%$440,000 +6.7%
    2018$8,232 +10.8%$412,500 +6.8%
    2017$7,431 -5.4%$386,200 +8.7%
    2016$7,859 +4.5%$355,400 +2.2%
    2014$7,518 -0.4%$347,700
    2013$7,551 $347,700 +3.3%
    2012$7,551 $336,600 -16.6%
    2011-- $403,700
    2010$8,393 $403,700
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $406,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $406,200