Check Availability
$387,000
↓ $3K (0.8%)
House - For Sale

725 E New York Street

Indianapolis, IN 46202
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1607 Sqft
$1,901
Estimated Monthly
$0
HOA / Fees

About This Property

Embark on a captivating journey through this impeccably revitalized residence, a true gem nestled in the coveted Lockerbie enclave Discover a residence that excels in location, size, and condition-all at an attractive price point. Conveniently walkable to groceries, Mass Ave, Bankers Life Field House, wineries, breweries, and Downtown work, its strategic placement enhances the daily living experience. With tall ceilings, gleaming hardwoods, a modernized kitchen, updated baths, and a recently painted exterior, this property offers both comfort and practicality. The well-balanced bedrooms to baths ratio opens up potential, making it an attractive option for Airbnb. Seize this opportunity in the highly sought-after Welcome home to the Lockerbie area!!

The manager has listed the unit size as 1607 square feet.
Unit Size
1,607Ft²
Days on Market
172 days
Land Size
0.06 acres
Price per sqft
$241
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
Listed By
Denis O'Brien
Keller Williams Indy Metro S
Last updated: 16 days ago (MIBORIN #21952487)

Price History

Date / Event Date Event Price
Apr 14, 2024 Price Decreased $387,000
↓ $3K (0.8%)
Price Decreased
Feb 1, 2024 Price Decreased $390,000
↓ $5K (1.3%)
Price Decreased
Dec 19, 2023 Price Decreased $395,000
↓ $5K (1.3%)
Price Decreased
Nov 10, 2023 Listed by Keller Williams Indy South $400,000
Listed by Keller Williams Indy South

Property Highlights

Air Conditioning
Interior Details

Basement Information

Basement
Exterior Details

Exterior Information

Wood

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 304
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,439
  • Lot Size Depth Feet: 810
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,123
  • Gross Building Area: 2,123
  • Building Area: 1,567
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,567
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NOBLES SUB 29FT 6IN E END
  • Land Acres: 0.056
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: NOBLES SUB 29FT 6IN E END L109 & L110 OL56

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 354200

Geography

  • District: 0001
  • Section: 1015003
  • Parcel: 49-11-01-122-033.000-101
  • Municipality: CENTER TOWNSHIP
  • Latitude: 39.7708
  • Longitude: -86.1444

    Address

  • Full Address: 725 E New York St
  • Address - House Number: 725
  • Street Direction: E
  • Address - Street Name: New York
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C013
  • 4-Digit Zip Code: 3753
  • Zip Code: 46202

Valuation

    Tax

  • Total Area: 2,123
  • Tax Year: 2021
  • Tax Amount: $2,160
  • Tax Rate Code Area: 101:INDPLS

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Oct 05, 2022
  • Confidence Score: 70
  • Final Value: 385,752
  • High Value: 469,005
  • Low Value: 302,498

    Market Valuation

  • Market Total Value: $182,000
  • Market Land Value: $33,700
  • Market Improvement Value: $148,300

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $182,000
  • Assessed Land Value: $33,700
  • Assessed Improvements Value: $148,300

    Exemptions

  • Homeowner Exemption: Yes

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
2,417 ft²
$197/ft²
$475,000 Oct 25, 2023
-
-
House
4 Beds
2.5 Baths
2,821 ft²
$133/ft²
$375,000 Jul 17, 2023
-
-
House
3 Beds
2 Baths
2,488 ft²
$151/ft²
$375,000 Sep 13, 2023
-
-
House
2 Beds
2 Baths
1,368 ft²
$270/ft²
$370,000 Jul 20, 2023
-
$685/mo
House
3 Beds
2 Baths
2,466 ft²
$150/ft²
$369,000 Mar 28, 2023
-
-
Condo
2 Beds
2 Baths
1,629 ft²
$270/ft²
$439,900 Nov 9, 2023
-
$512/mo
Condo
2 Beds
2 Baths
1,465 ft²
$235/ft²
$344,900 Aug 4, 2023
-
$569/mo
Condo
2 Beds
2.5 Baths
1,770 ft²
$198/ft²
$349,900 Oct 20, 2023
-
$392/mo
Condo
2 Beds
2 Baths
1,453 ft²
$255/ft²
$370,000 Nov 1, 2023
-
$2,199/mo
Condo
2 Beds
2 Baths
1,230 ft²
$285/ft²
$350,000 Jul 7, 2023
-
$494/mo
Townhouse
2 Beds
1.5 Baths
1,875 ft²
$240/ft²
$449,900 Sep 21, 2023
-
$255/mo
Condo
2 Beds
2 Baths
1,263 ft²
$257/ft²
$325,000 Jul 14, 2023
-
$367/mo

About Downtown Indianapolis


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Frequently Asked Questions

When was property at 725 East New York Street built and last sold?
The property at 725 East New York Street was built in 1955 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 725 East New York Street is $399,924.
What are some comparable homes to 725 East New York Street?
Homes that are comparable to 725 East New York Street include a house property at 1417 East Michigan Street, 1622 East Vermont Street, 1205 East Vermont Street.

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