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Real Silk Lofts

Real Silk Lofts

Real Silk Lofts
Condominium Building Complex
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

611 N Park Ave,
Indianapolis, IN 46204
68 Units
5 Stories
1926 Year Built
$238K - $702K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Fitness Center
  • Indoor Pool
  • Gated Parking
  • Sauna
  • 1 Garage Space Per Unit
  • 24 Hour Access

Historic Industrial Charm in the Heart of Indianapolis

Real Silk Lofts, designed by an unnamed architect, is a five-story condominium building located in the vibrant Chatham Arch neighborhood of Indianapolis. Completed in 1926, this building features 68 units and showcases an industrial architectural style with large, multi-pane windows and a utilitarian brick facade. The building's unique character blends historic charm with modern urban living.

Diverse Layouts with Modern Touches and City Views

Real Silk Lofts offers a variety of floor plans, including studios, 1-bedroom, 2-bedroom, and 3-bedroom units. Studio units range from 721 to 735 square feet, providing a cozy yet functional living space. One-bedroom units vary from 721 to 1,230 square feet and typically feature one to two bathrooms, with sale prices around $220,000. These units often include elegant hardwood floors, high-end cabinets, and modern shelving, creating a warm and inviting atmosphere. Two-bedroom units range from 1,015 to 1,727 square feet, with one to two and a half bathrooms. These units are priced between $350,000 and $525,000 and boast features such as 16-foot ceilings, exposed brick walls, and large windows that flood the space with natural light. Many units also include updated kitchens with granite countertops, stainless steel appliances, and custom cabinetry. Some units have unique features like glass garage doors that open to a balcony or sunroom, providing versatile outdoor space. The largest units are the three-bedroom condos, approximately 2,300 square feet with three bathrooms. These spacious units offer ample room for families or those who desire extra space. All units in Real Silk Lofts provide stunning views of the city skyline, enhancing the urban living experience. Monthly HOA fees range from $300 to $700, covering services such as custodial work, exercise room access, insurance, ground maintenance, management, resident manager, security, snow removal, and trash.

Comprehensive Amenities for a Comfortable Lifestyle

Real Silk Lofts offers a range of amenities designed to enhance the urban living experience. Residents can enjoy an indoor pool, gym, steam room, hot tub, and sauna, providing ample opportunities for relaxation and fitness. The building also features a party room, common room, and community room, perfect for social gatherings and events. Additional amenities include a fitness area, whirlpool sauna, and lap pool. Each unit is equipped with modern conveniences such as air conditioning, tenant-controlled HVAC, washer/dryer, dishwasher, and microwave. The building also offers business services like concierge, laundry, storage room, monthly cleaning service, and an app-based access control system. A mail center is available for residents' convenience. On-site parking includes an underground garage with assigned spots, ensuring secure and convenient parking options.

Vibrant Urban Living in Chatham Arch

Chatham Arch is one of the oldest neighborhoods in Indianapolis, dating back to the 19th century. This historic area offers a mix of detached homes and condos, providing a diverse living environment. The neighborhood's prime location offers quick access to Massachusetts Ave, known for its dining, nightlife, and entertainment options. Popular spots include the Chatterbox Jazz Club, Salt on Mass, and Livery, each offering unique dining experiences. For those who enjoy outdoor activities, University Park is a short walk away, featuring the Depew Fountain and open green spaces. The Indianapolis Cultural Trail connects residents to various attractions, including Indiana Avenue, White River State Park, and the Wholesale District, home to the Colts' Lucas Oil Stadium. Grocery shopping is convenient with nearby options like Whole Foods and Needler's Fresh Market. The neighborhood also boasts a variety of parks, such as Cottage Home Community Park and Highland Park, providing ample opportunities for recreation and relaxation. With its rich history and vibrant community, Chatham Arch offers an exciting and dynamic living experience.

Convenient Transportation Options for Easy Commuting

Real Silk Lofts is well-connected to various transportation options, making commuting and exploring the city convenient. The building is located near several bus stops, including Massachusetts Ave & Park Ave, East St & Michigan St, and Michigan St & Spring St, all within a short walking distance. These stops provide access to transit lines such as East 16th St, East 21st St, and Michigan Street. For those who prefer to drive, the building offers secure underground parking with assigned spots, as well as additional guest parking passes. The Indianapolis International Airport is approximately 30 minutes away by car, providing easy access for travelers. The neighborhood's high walkability and bike-friendly environment make it easy to navigate the area on foot or by bike, further enhancing the convenience of urban living at Real Silk Lofts.

Building Details

Recreation

  • Fitness Center
  • Indoor Pool
  • Lap Pool
  • Community Pool
  • Community Spa

Amenities

  • Sauna
  • 24 Hour Access

Parking

  • 1 Garage Space Per Unit
  • 1 Car Attached Garage
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Condo Association

  • $378 Monthly HOA Fees
  • Monthly HOA Fees Range from $378 - $536
  • Association fees include home owners, exercise room, insurance, laundry connection in unit, ground maintenance, maintenance structure, maintenance, management, snow removal, trash
  • Association Phone (317) 541-0000
  • Real Silk Lofts Subdivision
  • Property managed by Omni

Unit Features

  • Laundry in unit
  • Washer and Dryer Hookup

Unit Information By Building

Unit
505
Date
06/05/2024
Beds
2 Beds
Baths
2 Baths
Sq Ft
1,230
Price
$525,000
Price / Sq Ft
$427 / Sq Ft

Unit Size and Value Ranges

Studio Units
Sq Ft Range
721 - 1,727
Est. Values
$254,611 - $463,406
1 Bedroom Units
Sq Ft Range
721 - 1,230
Est. Values
$237,926 - $379,067
2 Bedroom Units
Sq Ft Range
1,015 - 2,460
Est. Values
$294,741 - $504,509
3 Bedroom Units
Sq Ft Range
2,261
Est. Values
$701,965
All Units
Sq Ft Range
721 - 2,460
Est. Values
$237,926 - $701,965

Map

Area Factors

High Crime

Crime Score®

8 / 10

Biker's Paradise

Bike Score®

96 / 100

Walker's Paradise

Walk Score®

95 / 100

Good Transit

Transit Score®

58 / 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
$223K - $692K
Range of Taxes in Building
$2,674 - $8,557
Range of Taxes per Sq Ft
$1.41 - $7.41

Property Tax History

Source: Public Records

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Building Team

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Real Silk Lofts
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