Experience upscale living in this exquisite downtown Indianapolis condo! Located in a prime spot with quick access to Lucas Oil Stadium, Gainbridge Fieldhouse, Mass Ave, shopping, and top-tier restaurants, this residence offers the best of urban convenience. The sleek, modern building features floor-to-ceiling windows that frame breathtaking views of the Indianapolis skyline. The spacious kitchen is perfect for entertaining, equipped with granite countertops, a stylish stone backsplash, a large island, and premium Bosch appliances. The master suite continues the theme of luxury with its incredible skyline views, a lavish tile shower, and an expansive California closet. The second bedroom is also generously sized and includes a full bath. Building amenities include a private, well-equipped gym and personal storage spaces for tenants. Security is top-notch with individual fobs and elevator codes ensuring secure entry. Convenient parking is available, with the seller currently renting two covered spots in the adjacent building. Additional parking options can be arranged to suit the new owner's needs. For those interested, the seller is open to considering offers that include the property being sold fully furnished, adding even more appeal to this exceptional opportunity to own a piece of downtown luxury!
This property is $271.7K more than the Median Sold Price and $173/SqFt more than other homes in Indianapolis, IN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #21982393
Listing Office:
Office Name: CENTURY 21 Scheetz
Office Email: slindsay@c21scheetz.com
Listing Agent: Scott Lindsay
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/3/2024, 1:16:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,263
Per Month
Principal & Interest
$2,595
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$601
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,625
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Paramount Cottage Home
1203 E Saint Clair St
Distance between this listing and this school1.29 miles
Public Charter Grades KG-4
6
/10
William McKinley Elementary School 39
1733 Spann Ave
Distance between this listing and this school1.47 miles
Public District Grades PK-6
4
/10
Theodore Potter Magnet Elementary School 74
1601 E 10th St
Distance between this listing and this school1.65 miles
Public District Grades KG-6
Nearby Schools
5
/10
Center For Inquiry School 2
725 N New Jersey St
Distance between this listing and this school0.84 miles
Public Magnet Grades KG-8
2
/10
URBAN ACT Academy School 14
1250 E Market St
Distance between this listing and this school1.02 miles
Public Charter Grades PK-8
4
/10
Longfellow STEM Magnet Middle School
510 Laurel St
Distance between this listing and this school1.10 miles
Public Magnet Grades 7-8
Nearby Schools
2
/10
Purdue Polytechnic High School
525 S Meridian St Ste Lla
Distance between this listing and this school0.46 miles
Public Charter Grades 9-12
3
/10
Arsenal Technical High School
1500 E Michigan St
Distance between this listing and this school1.32 miles
Public District Grades 9-12
3
/10
Crispus Attucks High School
1140 Dr Martin Luther King Jr St
Distance between this listing and this school1.40 miles
The neighbors living near this home have an average income of $58,333. The most common annual income of people living in Indianapolis, IN is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1 Virginia Ave Unit 703
What is the listing price of this property?
The listing price of 1 Virginia Ave Unit 703 property is $519,900.
What type of property is this?
The property 1 Virginia Ave Unit 703 is a condo located in Indianapolis, Indiana, 46204.
Is this property for sale now?
Active Listing: 1 Virginia Ave Unit 703 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 1 Virginia Ave Unit 703 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1 Virginia Ave Unit 703 is 1,661 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1 Virginia Ave Unit 703 is 1934.
This home is located at 1 Virginia Ave Unit 703 in Indianapolis, IN and zip code 46204 in the Downtown neighborhood. This 1,661 square foot home was built in 1934. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $519,900.
Indianapolis, IN housing market in November 2024 saw over 170 listings sold above listed price, more than 231 sold at listed price and over 429 sold below. The inventory of homes for sale in Indianapolis, IN between October 2024 and November 2024 decreased by 5.8%. The median list price of listings available in November 2024 was $248,146, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.