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Lockerbie Glove Condominiums

Lockerbie Glove Condominiums

Lockerbie Glove Condominiums
Condominium Building Complex
The Costar Building Rating

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430 N Park Ave,
Indianapolis, IN 46202-3676
64 Units
6 Stories
1908 Year Built
$278K - $926K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Rooftop Deck
  • Lounge
  • Elevator
  • Balcony
  • 1 Garage Space Per Unit
  • 24 Hour Access

Historic charm meets urban living in the heart of Indianapolis

The Lockerbie Glove Condominiums, a testament to Indianapolis' industrial past, stands proudly in the city's oldest surviving residential neighborhood. This six-story structure, originally built in 1908 as the Lockerbie Glove Factory, has been thoughtfully transformed into 64 unique condominium units. The building's brick facade and large rectangular windows hint at its rich history while providing residents with a modern urban living experience. Situated in the coveted Lockerbie Square, this repurposed industrial gem offers a perfect blend of historic character and contemporary comfort, just steps away from the vibrant Mass Avenue cultural district.

Spacious lofts with industrial flair and modern amenities

The Lockerbie Glove Condominiums offers a diverse range of living spaces, from cozy one-bedroom units to expansive three-bedroom homes. The smallest units start at 1,037 square feet, while the largest spans an impressive 2,621 square feet. One-bedroom units range from 1,037 to 2,074 square feet with one to two bathrooms, priced between $299,000 and $353,313. Two-bedroom units offer 1,151 to 1,774 square feet of living space with one to two bathrooms, and are available from $350,000 to $357,000. The three-bedroom units, ranging from 1,425 to 2,621 square feet, boast two to three and a half bathrooms, providing ample space for families or those desiring extra room. Each unit showcases the building's industrial heritage with exposed brick walls, soaring ceilings, and expansive windows that flood the spaces with natural light. Many units feature hardwood floors, adding warmth to the loft-style aesthetic. Kitchens are equipped with modern stainless steel appliances, including induction cooktops in some units, and sleek finishes like quartz or concrete countertops. Select units boast private balconies, offering residents a personal outdoor retreat with city views. The open floor plans maximize space and light, creating a sense of airiness throughout. Master suites in larger units often include walk-in closets with custom organization systems and ensuite bathrooms featuring double vanities and walk-in showers. Many units have been recently updated with modern fixtures, fresh paint, and stylish lighting, seamlessly blending the building's historic character with contemporary design. Monthly HOA fees range from $600 to $800, covering a comprehensive list of services including common area cooling and heating, insurance, ground maintenance, structural maintenance, general maintenance, management, and trash removal. This all-inclusive fee structure allows residents to enjoy a worry-free lifestyle in this historic downtown gem.

Communal spaces that foster connection and relaxation

The Lockerbie Glove Condominiums offers a range of amenities designed to enhance the urban living experience. The crown jewel is undoubtedly the rooftop terrace, providing residents with breathtaking panoramic views of the Indianapolis skyline. This shared space is perfect for entertaining friends, enjoying a quiet evening, or simply taking in the city vistas. A gas grill is available for resident use, making it an ideal spot for summer barbecues and social gatherings. The building's ground floor houses a variety of communal spaces, including a social club area, meeting rooms, and a space suitable for hosting parties. These areas are thoughtfully designed to foster a sense of community among residents, providing ample opportunities for neighborly interactions and events. Security and convenience are prioritized with features such as secure entry systems, indoor mailboxes, and a dedicated package holding area. The on-site maintenance team provides 24-hour emergency service, ensuring that any issues are promptly addressed. For those with vehicles, the building offers garage parking, a valuable amenity in a bustling urban setting. Bike storage is also available, catering to the needs of cyclists in this bike-friendly neighborhood. Additional storage units are provided, allowing residents to maximize their living spaces without sacrificing storage capacity. The building's amenities strike a balance between preserving its historic character and providing modern conveniences. Recently renovated elevators ensure smooth vertical transportation, while the carefully maintained common areas reflect the building's industrial past and contemporary present.

A historic enclave with a vibrant cultural scene

Lockerbie Square, Indianapolis' oldest surviving residential neighborhood, provides a unique backdrop for the Lockerbie Glove Condominiums. This historic district, with its tree-lined streets and 19th-century architecture, offers a tranquil urban oasis just steps away from downtown's energy. The neighborhood's cobblestone streets and diverse architectural styles, including Federal, Italianate, and Queen Anne designs, create a picturesque setting that transports residents to a bygone era. The area's rich cultural heritage is exemplified by the James Whitcomb Riley Museum Home, once residence to the beloved "Hoosier Poet" and now a gathering place for community events. The neighborhood's annual Fourth of July celebration, held at the Riley Home since 1916, and the L'Ocktoberfest block party in autumn, showcase the strong sense of community and German heritage that defines Lockerbie Square. Culinary enthusiasts will appreciate the proximity to some of Indianapolis' finest dining establishments. The Rathskeller, the city's oldest restaurant, offers an authentic German beer hall experience just a short walk away. For a more upscale dining experience, Vida, Indianapolis' only AAA Four-Diamond recipient, is located within the neighborhood, serving innovative four-course meals and exquisite desserts like their famous ricotta doughnuts. The vibrant Massachusetts Avenue, or "Mass Ave" as locals call it, is mere steps from the condominiums. This diagonal street is lined with an eclectic mix of restaurants, bars, boutiques, and cultural venues. The nearby Bottleworks District, housed in a former Coca-Cola bottling plant, offers additional dining and entertainment options, including a food hall, cinema, and bowling alley. For everyday needs, residents have easy access to grocery stores such as Whole Foods and Needler's Fresh Market, both located just outside the neighborhood boundaries. The area's walkability extends to numerous fitness options, with gyms like Eat The Frog Fitness and Indy City Barbell within a 15-minute walk. Cultural attractions abound in the surrounding area. The Murat Theatre, housed in a stunning example of Egyptian Revival architecture, hosts a variety of performances throughout the year. Sports enthusiasts will appreciate the proximity to major venues like Lucas Oil Stadium and Gainbridge Fieldhouse, home to the Colts and Pacers respectively, all within walking distance. Lockerbie Square's central location also provides easy access to other downtown attractions, including the Circle Centre Mall, the Indianapolis Cultural Trail, and numerous parks and green spaces, making it an ideal home base for those who want to immerse themselves in the best that Indianapolis has to offer.

Connected living in a walkable urban core

The Lockerbie Glove Condominiums' central location in downtown Indianapolis provides residents with a multitude of transportation options. The neighborhood's high walkability score reflects the ease with which residents can access many of their daily needs on foot. The area's flat terrain and well-maintained sidewalks make walking a pleasant and practical option for many errands and activities. For those who prefer two wheels, the neighborhood is exceptionally bike-friendly. The Indianapolis Cultural Trail, a world-class urban bike and pedestrian path, is just a 10-minute walk from the building. This 8-mile trail connects the city's six cultural districts, providing a safe and scenic route for cyclists and pedestrians alike. Public transportation is readily available, with several bus stops within a five-minute walk of the building. The East St & Michigan St stop, served by the East 16th St, East 21st St, and Michigan Street lines, is less than a quarter mile away. Similarly, the College Ave & Michigan St stop, serving the East 16th St and East 21st St lines, is also within easy walking distance. These bus lines provide convenient connections to other parts of the city, including downtown and surrounding neighborhoods. For those needing to travel further afield, the building's location provides easy access to major thoroughfares. Interstates 65 and 70 are adjacent to the neighborhood, offering quick routes to other parts of the city and beyond. This strategic position allows for relatively short commute times to most areas of Indianapolis. Residents with cars will appreciate the building's garage parking, a valuable amenity in an urban setting. The central location means that most city attractions, workplaces, and services are within a 20-minute drive. For air travel, the Indianapolis International Airport is approximately 15 miles away, typically reachable in about 25 minutes by car, depending on traffic conditions. This proximity makes the Lockerbie Glove Condominiums an excellent choice for frequent travelers or those who value easy airport access. The combination of walkability, bikeability, public transit options, and easy car access makes the Lockerbie Glove Condominiums an ideal home base for those who value connectivity and convenience in their urban lifestyle.

Building Details

Amenities

  • Rooftop Deck
  • Lounge
  • 24 Hour Access

Parking

  • 1 Garage Space Per Unit
  • 1 Car Garage
  • Assigned Parking

Condo Association

  • $745 Monthly HOA Fees
  • Monthly HOA Fees Range from $645 - $795
  • Association fees include common cooling, common heat, sewer, insurance, maintenance structure, maintenance, management, trash
  • Association Phone (317) 545-0105
  • Lockerbie Glove Condominiums Subdivision
  • Property managed by Communitas Management

Building Design

  • Mid-Rise Condominium
  • Elevator

Unit Features

  • Laundry in unit
  • Washer and Dryer Hookup
  • Balcony

Unit Information By Building

Unit
208
307
Date
08/22/2024
05/21/2024
Beds
1 Bed
2 Beds
Baths
1 Bath
2 Baths
Sq Ft
1,210
1,453
Price
$299,000
$350,000
Price / Sq Ft
$247 / Sq Ft
$241 / Sq Ft

Unit Size and Value Ranges

Studio Units
Sq Ft Range
1,183 - 1,215
Est. Values
$339,877 - $350,518
1 Bedroom Units
Sq Ft Range
1,037 - 2,074
Est. Values
$277,832 - $366,815
2 Bedroom Units
Sq Ft Range
1,151 - 1,774
Est. Values
$332,951 - $410,955
3 Bedroom Units
Sq Ft Range
1,425 - 2,621
Est. Values
$383,029 - $925,809
All Units
Sq Ft Range
1,037 - 2,621
Est. Values
$277,832 - $925,809

Map

Area Factors

High Crime

Crime Score®

9 / 10

Biker's Paradise

Bike Score®

97 / 100

Walker's Paradise

Walk Score®

96 / 100

Good Transit

Transit Score®

61 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

69 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$241K - $846K
Range of Taxes in Building
$2,566 - $9,191
Range of Taxes per Sq Ft
$2.41 - $6.31

Property Tax History

Source: Public Records

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