Check Availability
$464,900
House - For Sale

540 E Miami Street

Indianapolis, IN 46202
bedrooms
2 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
1976 Sqft
$2,683
Estimated Monthly
$400
HOA / Fees
8.14%
Cap Rate

About This Property

3 level, End Unit Spacious Townhome in the Historic District of Lockerbie! Walking distance to Mass Ave., Shopping, Restaurants and Entertainment! Enjoy your 4th level private roof-top balcony with views of the city! Attached 2 Car Tandem Garage. New Flooring! Two large Primary suites each with walk-in closets. Dual sinks in Bath! Wall to wall shelving installed by Closets by Design on Lower Level. Separate balcony overlooking the Courtyard! Stainless Steel appliances with gas oven/range. Loft area for computer/office station! A must see!

The manager has listed the unit size as 1976 square feet.
Unit Size
1,976Ft²
Days on Market
72 days
Land Size
-
Price per sqft
$235
Property Type
House
Property Taxes
-
HOA Dues
$400
Year Built
2006
Listed By
Sandra Roach
Associate REALTORS, LLC
Last updated: 25 days ago (MIBORIN #21962042)

Price History

Date / Event Date Event Price
Feb 15, 2024 Listed by ASSOCIATE REALTORS $464,900
Listed by ASSOCIATE REALTORS

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace

Basement Information

Basement
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Basement Area: 474
  • Garage Square Area: 350
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 871
  • Total Building Area: 2,326
  • Gross Building Area: 2,326
  • Building Area: 1,976
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,976
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: DESOTO TOWNHOMES CONDOMINIUMS HPR
  • Land Acres: 0.02
  • Legal Description 1: DESOTO TOWNHOMES CONDOMINIUMS HPR UNIT 540 MIAMI STREET BUILDING VIII & 3.12% INT COMMON AREA

Ownership

  • Current Owner : SCHUBERT PETER
  • Current Owner 2: SCHUBERT ELIZABETH
  • Previous Owner : BICKFORD ANGELA R
  • Previous Owner 2: EVANS ANGELA R
  • Owner Before Previous Owner: DESOTO TOWNHOMES LLC
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 354201

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2337-D3
  • District: 0001
  • Section: 1015003
  • Parcel: 49-11-01-187-038.026-101
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7705
  • Longitude: -86.1475

    Address

  • Full Address: 540 E Miami St
  • Address - House Number: 540
  • Street Direction: E
  • Address - Street Name: Miami
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 3710
  • Zip Code: 46202

Valuation

    Tax

  • Total Area: 1,976
  • Tax Year: 2021
  • Tax Amount: $5,222
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 410,111
  • High Value: 502,278
  • Low Value: 317,943

    Market Valuation

  • Market Total Value: $423,200
  • Market Land Value: $69,200
  • Market Improvement Value: $354,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $423,200
  • Assessed Land Value: $69,200
  • Assessed Improvements Value: $354,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 10, 2012
  • Current Sale Recording Date: Jul 25, 2012
  • Current Sale Transaction ID: 1078650948
  • Current Sale Price: $349,100
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: A201200076526
  • Previous Sale Recording Date: Dec 27, 2006
  • Previous Sale Contract Date: Dec 14, 2006
  • Previous Sale Amount: $45,700
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 25, 2012
  • First Mortgage Loan Amount: $279,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Aug 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: THE HOME SVGS & LOAN CO OF YOU
  • Previous Mortgage Transaction Date: Dec 27, 2006
  • Previous Mortgage Loan Amount: $36,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Jan 01, 2037

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
-
$481,000 Jan 7, 2004
$481,000 May 28, 2004
$553/mo
House
3 Beds
2 Baths
2,001 ft²
$247/ft²
$495,000 Feb 7, 2024
-
-
Townhouse
2 Beds
1.5 Baths
1,938 ft²
$227/ft²
$440,000 Jan 31, 2024
-
$260/mo
Townhouse
2 Beds
2.5 Baths
1,938 ft²
$199/ft²
$384,900 Nov 27, 2023
-
$255/mo
Condo
2 Beds
2.5 Baths
1,799 ft²
$278/ft²
$499,500 Aug 29, 2023
-
$397/mo
Condo
2 Beds
2 Baths
1,629 ft²
$255/ft²
$415,000 Feb 12, 2024
-
$512/mo
Condo
2 Beds
2 Baths
1,675 ft²
$328/ft²
$550,000 Sep 28, 2023
-
$592/mo
Condo
2 Beds
2 Baths
1,358 ft²
$405/ft²
$550,000 Jan 12, 2024
-
$529/mo
Condo
2 Beds
1 Bath
1,217 ft²
$408/ft²
$496,800 Nov 4, 2022
-
$841/mo
Condo
3 Beds
2 Baths
2,034 ft²
$196/ft²
$399,000 Feb 5, 2024
-
$639/mo
House
4 Beds
2 Baths
1,607 ft²
$243/ft²
$390,000 Nov 10, 2023
-
-
House
4 Beds
3.5 Baths
2,420 ft²
$196/ft²
$475,000 Oct 25, 2023
-
-

About Downtown Indianapolis


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Frequently Asked Questions

When was property at 540 East Miami Street built and last sold?
The property at 540 East Miami Street was built in 2006 and last sold on Jul 10, 2012 for $349,100.
How much is this home worth?
The estimated value of the home located at 540 East Miami Street is $477,760.
What are some comparable homes to 540 East Miami Street?
Homes that are comparable to 540 East Miami Street include a townhouse property at 516 Lockerbie Circle North, 414 North Park Avenue, 539 Allard Place.

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