Enjoy an exclusive and contemporary downtown lifestyle at the beautiful Park Residences. This modern 2 bedroom condo is located in the historic neighborhood of Lockerbie Square, just steps from the Murat Theater and Mass Ave. This unit is on the second floor with a private balcony and lots of light. Custom closets in both of the spacious bedrooms and a stunning kitchen for the "at-home chef"; includes a gourmet kitchen appointed with an induction cooktop. The convenient attached and temperature controlled garage makes for getting in and out of downtown a breeze, especially in winter! These luxurious amenities with this location are hard to find and surely one you don't want to miss!!!
Sold
$424,900
504 N Park Ave APT 4, Indianapolis, IN 46202
2beds
1,244sqft
Residential, Condominium
Built in 2016
-- sqft lot
$429,600 Zestimate®
$342/sqft
$2,498 Estimated rent
Home value
$429,600
$395,000 - $468,000
$2,498/mo
Zestimate® history
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$2,764/mo
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List your homeWhat's special
Spacious bedroomsLots of lightCustom closetsPrivate balconyStunning kitchenGourmet kitchenInduction cooktop
Zillow last checked:
Listing updated:
Listed by:
Todd Ferris 317-446-0457,
Ferris Property Group,
Jesse Stauffer,
Ferris Property Group
Bought with:
Non-BLC Member
MIBOR REALTOR® Association
Source: MIBOR as distributed by MLS GRID,MLS#: 22007327
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: 154 Square Feet
- Dimensions: 11x14
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11x12
Kitchen
- Level: Main
- Area: 120 Square Feet
- Dimensions: 15x8
Living room
- Level: Main
- Area: 400 Square Feet
- Dimensions: 20x20
Heating
- Forced Air, Electric, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Dryer, Disposal, Exhaust Fan, Microwave, Oven, Refrigerator, Washer, Wine Cooler, Electric Water Heater
Features
- High Ceilings, Walk-In Closet(s), Hardwood Floors, Double Vanity, Elevator, High Speed Internet, Wired for Data, Kitchen Island, Pantry, Wired for Sound
- Flooring: Hardwood
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas Starter, Living Room
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,244
- Total interior livable area: 1,244 sqft
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Assigned, Attached, Garage Door Opener, Guest
- Attached garage spaces: 1
- Details: Garage Parking Other(Floor Drain, Shared Garage)
Features
- Levels: One
- Stories: 1
- Entry location: Building Private Entry
- Patio & porch: Deck, Covered
- Exterior features: Sprinkler System
Lot
- Size: 4,356 Square Feet
- Features: Corner Lot, Sidewalks, Storm Sewer, Street Lights
Details
- Parcel number: 491101112027002101
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Materials
- Brick, Block
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2016
Utilities & green energy
- Water: Private
Community & HOA
Community
- Subdivision: 500 Park Residences
HOA
- Has HOA: Yes
- Services included: Common Cooling, Common Heat, Insurance, Lawncare, Maintenance Grounds, Management, Snow Removal, Trash, Sewer
- HOA fee: $93 monthly
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $342/sqft
- Tax assessed value: $460,100
- Annual tax amount: $5,948
- Date on market: 10/18/2024
- Cumulative days on market: 240 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2025 | Sold | $424,900$342/sqft |
Source:  MIBOR as distributed by MLS GRID #22007327 Report a problem | ||
| 6/16/2025 | Pending sale | $424,900$342/sqft |
Source: MIBOR as distributed by MLS GRID #22007327 Report a problem | ||
| 2/18/2025 | Price change | $424,900-1%$342/sqft |
Source: MIBOR as distributed by MLS GRID #22007327 Report a problem | ||
| 10/18/2024 | Listed for sale | $429,000+1%$345/sqft |
Source: MIBOR as distributed by MLS GRID #22007327 Report a problem | ||
| 7/1/2024 | Listing removed | $424,900$342/sqft |
Source: MIBOR as distributed by MLS GRID #21969549 Report a problem | ||
| 5/29/2024 | Price change | $424,900-1%$342/sqft |
Source: MIBOR as distributed by MLS GRID #21969549 Report a problem | ||
| 3/28/2024 | Listed for sale | $429,000$345/sqft |
Source: MIBOR as distributed by MLS GRID #21969549 Report a problem | ||
| 10/2/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21916169 Report a problem | ||
| 5/11/2023 | Price change | $429,000-2.3%$345/sqft |
Source: MIBOR as distributed by MLS GRID #21916169 Report a problem | ||
| 4/19/2023 | Listed for sale | $439,000$353/sqft |
Source: MIBOR as distributed by MLS GRID #21916169 Report a problem | ||
| 3/30/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21885272 Report a problem | ||
| 3/22/2023 | Price change | $439,000-1.1%$353/sqft |
Source: MIBOR as distributed by MLS GRID #21885272 Report a problem | ||
| 2/9/2023 | Price change | $444,000-1.1%$357/sqft |
Source: MIBOR as distributed by MLS GRID #21885272 Report a problem | ||
| 12/2/2022 | Price change | $449,000-2.2%$361/sqft |
Source: MIBOR as distributed by MLS GRID #21885272 Report a problem | ||
| 11/4/2022 | Price change | $459,000-2.1%$369/sqft |
Source: MIBOR as distributed by MLS GRID #21885272 Report a problem | ||
| 9/29/2022 | Listed for sale | $469,000+11.7%$377/sqft |
Source: MIBOR as distributed by MLS GRID #21885272 Report a problem | ||
| 11/16/2018 | Sold | $420,000-4.5%$338/sqft |
Source: MIBOR as distributed by MLS GRID #21591173 Report a problem | ||
| 10/27/2018 | Pending sale | $439,900$354/sqft |
Source: Flock Realty, Inc. #21591173 Report a problem | ||
| 10/4/2018 | Price change | $439,900-2.2%$354/sqft |
Source: Flock Realty, Inc. #21591173 Report a problem | ||
| 8/24/2018 | Listed for sale | $450,000-2.2%$362/sqft |
Source: Flock Realty, Inc. #21591173 Report a problem | ||
| 6/13/2018 | Listing removed | $3,000$2/sqft |
Source: Owner Report a problem | ||
| 6/5/2018 | Price change | $3,000+9.1%$2/sqft |
Source: Owner Report a problem | ||
| 5/24/2018 | Listed for rent | $2,750$2/sqft |
Source: Everhart Studio, Ltd. #21568281 Report a problem | ||
| 5/23/2018 | Listing removed | $459,900$370/sqft |
Source: Everhart Studio, Ltd. #21530251 Report a problem | ||
| 5/17/2018 | Price change | $459,900-3.2%$370/sqft |
Source: Everhart Studio, Ltd. #21530251 Report a problem | ||
| 4/10/2018 | Listed for sale | $475,000$382/sqft |
Source: Everhart Studio, Ltd. #21530251 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,832 -2% | $460,100 -4.5% |
| 2024 | $5,949 -10.9% | $482,000 -2.6% |
| 2023 | $6,679 +13.9% | $495,100 -9.9% |
| 2022 | $5,862 +2.2% | $549,500 +10.7% |
| 2021 | $5,737 -0.8% | $496,200 +2.6% |
| 2020 | $5,786 -6.6% | $483,700 +1.4% |
| 2019 | $6,195 +18.9% | $477,200 -5.7% |
| 2018 | $5,212 | $506,100 +4.1% |
| 2017 | -- | $486,200 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 7/10Center for Inquiry School 2Grades: K-5Distance: 0.3 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 1.9 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$429,600
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Estimated market value
$429,600
- Indiana
- Marion County
- Indianapolis
- 46202
- Downtown
- 504 N Park Ave Apartment 4
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