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1221 North New Jersey Street

1221 North New Jersey Street, Indianapolis, IN 46202
1221 North New Jersey Street is a condo located in Old Northside, Indianapolis. The building was first built in 2005 and is 19 years old. In total, 1221 North New Jersey Street has a total floor area of 996 square feet. 1221 North New Jersey Street has a total of 1 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's patio. There are 2 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 51 days and tend to sell below the original asking price of $174,900 by 6.52%. Meaning, listings tend to sell at a median of $176 price per square foot. The transaction that took the longest to complete was unit 1221, listed on Dec 27, 2020 for $174,900. This particular unit ultimately sold 51 days later for $163,500. The most recent transaction was for unit 1221, which was first advertised on Dec 27, 2020, sold for $163,500 on Feb 16, 2021. Fun fact, the oldest transaction we have on record took place on Apr 22, 2020. See the full transaction history for 1221 North New Jersey Street below.

Old Northside, where 1221 North New Jersey Street is located, has a median asking price of $280,000 for condo buildings. Meanwhile, the building itself has a median asking price of $174,900. For interested buyers, that means the building's median asking price is around 0.38% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Exterior

Parking

Assigned Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201227 Unit 1221
12/27/2020
2 Bed
1 Bath
996 ft²
$174,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
996 ft²
$163,500 -6.52%
02/16/2021
Alex Montagano

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,498
  • Total Building Area: 996
  • Gross Building Area: 996
  • Building Area: 996
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 996
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LYON CONDOMINIUMS HPR
  • Land Acres: 0.034
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LYON CONDOMINIUMS HPR UNIT 1221 & 25% INTCOMMON AREA

Ownership

  • Current Owner : PENROSE URSULA
  • Previous Owner : BLUM JOSEPH M
  • Owner Before Previous Owner: DETWEILER JOHN W
  • Owner Before Previous Owner 2: LYON REBECCA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 390900

Zoning

  • Zoning: ZO01

Geography

  • District: 0001
  • Section: 360
  • Parcel: 49-06-36-110-045.001-101
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7837
  • Longitude: -86.1506

    Address

  • Full Address: 1221 N New Jersey St
  • Address - House Number: 1221
  • Street Direction: N
  • Address - Street Name: New Jersey
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C004
  • 4-Digit Zip Code: 2619
  • Zip Code: 46202

Valuation

    Tax

  • Total Area: 996
  • Tax Year: 2022
  • Tax Amount: $2,770
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2375
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 66
  • Final Value: 234,428
  • High Value: 290,127
  • Low Value: 178,729

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $148,942
  • First Open Lien Mortgage Lender: OLD NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Feb 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $130,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051
  • Second Open Lien Mortgage Lender: OLD NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Jul 15, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $18,142
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 25, 2051

    Market Valuation

  • Market Total Value: $155,800
  • Market Land Value: $25,200
  • Market Improvement Value: $130,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,800
  • Assessed Land Value: $25,200
  • Assessed Improvements Value: $130,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 12, 2021
  • Current Sale Recording Date: Feb 16, 2021
  • Current Sale Transaction ID: 11825917760
  • Current Sale Price: $163,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100020545
  • Previous Sale Recording Date: Sep 16, 2005
  • Previous Sale Contract Date: Sep 07, 2005
  • Previous Sale Amount: $77,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLD NATIONAL BANK
  • First Mortgage Transaction Date: Feb 16, 2021
  • First Mortgage Loan Amount: $130,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HORIZON BANK NA
  • Previous Mortgage Transaction Date: Sep 16, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $62,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

About Near Northside



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Frequently Asked Questions

What neighborhood is 1221 North New Jersey Street located in?
The 1221 North New Jersey Street is a condo located in the neighborhood of Old Northside in Near Northside, Indianapolis.
What is the average sales price for listings in 1221 North New Jersey Street?
The average sales price for units in 1221 North New Jersey Street is $174,900 , or $176/sqft. currently.

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