Located in sought-after Lockerbie Square & steps away from Mass Ave, this fabulous residence is perfect for easy living and entertaining. Natural light floods through expansive windows, creating an inviting atmosphere that instantly makes you feel at home. Engineered hardwood floors & designer finishes add style and class throughout the main and upper levels. The main floor is anchored by the living room with a cozy electric fireplace that beckons you to unwind after a long day. As you move through the space, you'll be drawn to the chef's kitchen, featuring top-tier appliances like a Sub-Zero refrigerator and double ovens, as well as a stunning tiled backsplash. Off the kitchen, the covered patio is an extension of your indoor living space, and the perfect spot for morning coffees or evening gatherings. The 2nd level family room is connected to a covered deck, giving you more indoor/outdoor entertaining and dining options. Two generously sized bedrooms connected by a Jack-and-Jill full bath and a conveniently located laundry room finish off this level. The third floor hosts the primary suite, featuring a large walk-in closet and an electric fireplace. The finished lower level includes the fourth bedroom as well as a generously sized rec room, complete with a KitchenAid wine fridge and bar area. A private elevator gives you ease of access throughout the home. Rare for the downtown area, this property also has a spacious three-car garage complemented by a wide driveway for your cars & guests! If all this wasn't enough, you're just steps away from the city's most vibrant restaurants and bars. Don't miss out!
Sold
$1,375,000
514 N Park Ave, Indianapolis, IN 46202
4beds
4,524sqft
Residential, Single Family Residence
Built in 2017
6,534 Square Feet Lot
$1,253,700 Zestimate®
$304/sqft
$5,815 Estimated rent
Home value
$1,253,700
$1.17M - $1.34M
$5,815/mo
Zestimate® history
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$6,913/mo
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List your homeWhat's special
Two generously sized bedroomsDesigner finishesStunning tiled backsplashConveniently located laundry roomSpacious three-car garageEngineered hardwood floors
Zillow last checked:
Listing updated:
Listed by:
Mary Wernke 317-306-6300,
Encore Sotheby's International
Bought with:
Megan Sullivan
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22074128
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 270 Square Feet
- Dimensions: 18x15
Bedroom 2
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 3
- Level: Basement
- Area: 108 Square Feet
- Dimensions: 12x09
Bedroom 4
- Level: Upper
- Area: 117 Square Feet
- Dimensions: 13x09
Bonus room
- Level: Upper
- Area: 48 Square Feet
- Dimensions: 08x06
Exercise room
- Level: Basement
- Area: 132 Square Feet
- Dimensions: 12x11
Family room
- Level: Basement
- Area: 234 Square Feet
- Dimensions: 18x13
Kitchen
- Level: Main
- Area: 338 Square Feet
- Dimensions: 26x13
Laundry
- Features: Tile-Ceramic
- Level: Upper
- Area: 48 Square Feet
- Dimensions: 08x06
Living room
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Living room
- Level: Upper
- Area: 390 Square Feet
- Dimensions: 26x15
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Oven, Double Oven, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
- Laundry: Upper Level
Features
- Built-in Features, High Ceilings, Walk-In Closet(s), Hardwood Floors, Wet Bar, Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Elevator, Entrance Foyer, High Speed Internet, Kitchen Island, Pantry, Smart Thermostat, Wired for Sound
- Flooring: Hardwood
- Basement: Egress Window(s)
- Number of fireplaces: 2
- Fireplace features: Primary Bedroom, Electric, Living Room
Interior area
- Total structure area: 4,524
- Total interior livable area: 4,524 sqft
- Finished area below ground: 902
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
- Details: Garage Parking Other(Finished Garage)
Features
- Levels: Three Or More
- Patio & porch: Patio
- Exterior features: Balcony
Lot
- Size: 6,534 Square Feet
- Features: Sidewalks
Details
- Parcel number: 491101112026005101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2017
Details
- Builder name: Redev
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Lockerbie
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $304/sqft
- Tax assessed value: $1,080,400
- Annual tax amount: $13,790
- Date on market: 12/10/2025
- Cumulative days on market: 9 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Sold | $1,375,000$304/sqft |
Source:  MIBOR as distributed by MLS GRID #22074128 Report a problem | ||
| 12/18/2025 | Pending sale | $1,375,000$304/sqft |
Source: MIBOR as distributed by MLS GRID #22074128 Report a problem | ||
| 12/10/2025 | Listed for sale | $1,375,000+10%$304/sqft |
Source: MIBOR as distributed by MLS GRID #22074128 Report a problem | ||
| 12/7/2023 | Sold | $1,250,000-3.8%$276/sqft |
Source: MIBOR as distributed by MLS GRID #21950365 Report a problem | ||
| 11/17/2023 | Pending sale | $1,300,000$287/sqft |
Source: MIBOR as distributed by MLS GRID #21950365 Report a problem | ||
| 11/11/2023 | Listed for sale | $1,300,000+8.3%$287/sqft |
Source: MIBOR as distributed by MLS GRID #21950365 Report a problem | ||
| 4/22/2022 | Sold | $1,200,000-4%$265/sqft |
Source: MIBOR as distributed by MLS GRID #21832586 Report a problem | ||
| 3/13/2022 | Pending sale | $1,250,000$276/sqft |
Source: MIBOR as distributed by MLS GRID #21832586 Report a problem | ||
| 3/7/2022 | Listed for sale | $1,250,000+233.3%$276/sqft |
Source: MIBOR as distributed by MLS GRID #21832586 Report a problem | ||
| 2/28/2017 | Sold | $375,000+6%$83/sqft |
Source: Public Record Report a problem | ||
| 8/28/2014 | Sold | $353,653$78/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,790 +15.9% | $1,080,400 -3% |
| 2024 | $11,903 +139.8% | $1,113,300 +14.5% |
| 2023 | $4,964 +11% | $972,000 +136.2% |
| 2022 | $4,472 -1.3% | $411,500 +8% |
| 2021 | $4,532 +1.2% | $381,100 -0.9% |
| 2020 | $4,480 +29.2% | $384,500 +3.3% |
| 2019 | $3,466 +154.2% | $372,300 +29.5% |
| 2018 | $1,364 +5.4% | $287,500 +480.8% |
| 2017 | $1,293 +32.3% | $49,500 |
| 2016 | $978 | $49,500 |
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: 0.2 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
$1,253,700
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Estimated market value
$1,253,700
- Indiana
- Marion County
- Indianapolis
- 46202
- Downtown
- 514 N Park Ave
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