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225 N New Jersey Street #27

Indianapolis, IN 46204

ActiveListed Sep 30, 2026 · 17 days on market

Key facts

Beds
2
Baths
2 full
Living area
1,237 sqft
Year built
2003
Type
Residential · Condominium
Stories
One
MLS #
22128913
County
Marion
Subdivision
Lockerbie Terrace

About this home

Freshly updated & ready for its next chapter, this stylish Lockerbie Terrace condo pairs modern finishes with an unbeatable downtown lifestyle. The light filled interior has been tastefully refreshed with new LVP flooring, fresh paint, updated lighting, plus kitchen & bath enhancements. Raised ceilings, oversized windows & a cozy gas fireplace create an inviting living space, while the kitchen features granite counters, stainless appliances & a breakfast bar. Retreat to the spacious primary suite or unwind with a glass of wine on your private covered balcony. Enjoy the rooftop deck, fitness room & 2 gated parking spaces - all just steps from Mass Ave, Whole Foods, Needler's, Hot Room Yoga, Commissary, and more. Welcome home to Lockerbie Terrace 27!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric Water HeaterDisposalMicroHoodGas OvenRefrigeratorWasher
Interior features
Bath Sinks Double MainBreakfast BarHigh CeilingsPaddle FanHi-Speed Internet AvailblEat-in KitchenPantrySmart ThermostatWired for SoundWalk-In Closet(s)Wood Work Painted
Other rooms and areas
Laundry in UnitUtility Room
Fireplaces
1
Fireplace type
Gas LogLiving Room
Laundry
Connections AllLaundry RoomMain Level
Windows
Aluminum Frames
Security
Fire AlarmFire Sprinkler SystemGated CommunityKey Card Entry
Rooms
5
Main-level bedrooms
2

Exterior

Exterior features
Balcony
Patio and porch
CoveredRooftop
Construction
Stone
Foundation
Concrete Perimeter
Style
Contemporary
Parking and garage
AssignedAsphaltElectric GateGuest
Fencing
Partial
Other equipment
IntercomSmoke Alarm

Systems

Heating
ElectricHeat Pump
Cooling
Heat Pump
Water
Public
Utilities
Cable AvailableNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

HOA fee
$485 / monthly
Lot features
Corner LotCurbsGated CommunitySidewalksStorm SewerStreet LightsMature Trees
HOA fee includes
Association Home OwnersCommon CoolingCommon HeatSewerEntrance CommonExercise RoomInsuranceIrrigationLaundry Connection In UnitLawncareMaintenance GroundsMaintenance StructureMaintenanceManagementSnow RemovalTrash
HOA amenities
Elevator(s)Fitness CenterGasMaintenance GroundsMaintenance StructureManagementService Elevator(s)Snow RemovalTrashWater

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$7,158 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,834per month, estimated
Principal and interest $1,638Property tax $597Insurance $114HOA $485
20% · $65,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$325,000
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