$500,000
- 2 Beds
- 2 Baths
- 1,237 Sq Ft
504 N Park Ave Unit 3, Indianapolis, IN 46202
504 N Park Ave Unit 3, Indianapolis, IN 46202$500,000
504 N Park Ave Unit 3, Indianapolis, IN 46202
504 N Park Ave Unit 3, Indianapolis, IN 46202$368,000
513 N Park Ave, Indianapolis, IN 46202
513 N Park Ave, Indianapolis, IN 46202$424,900
504 N Park Ave Unit 4, Indianapolis, IN 46202
504 N Park Ave Unit 4, Indianapolis, IN 46202Lockerbie Square, the oldest surviving residential neighborhood in Indianapolis, is known for its cobblestone streets and 19th-century houses, including Federal, Italianate, and Queen Anne styles. The area, saved by preservationists in the 1970s, features converted industrial buildings like the Lockerbie Glove Factory and a mix of cottages and modern custom homes. Despite the absence of parks, its tree-lined streets create an urban oasis just blocks from downtown. The James Whitcomb Riley Museum Home serves as a community hub, and nearby Highland Park and Willard Park offer green spaces. Dining options include the historic Rathskeller beer hall and the highly-rated Vida restaurant, with additional eateries and entertainment in the Bottleworks District. Whole Foods and Needler’s Fresh Market are conveniently located nearby. Lockerbie Square hosts annual events like the Fourth of July celebration and L’Ocktoberfest. Herron High School, a highly rated public charter school, is less than 2 miles away. The neighborhood is well-connected, with access to Interstates 65 and 70 and several IndyGo bus routes. Compared to the national average, Lockerbie Square has fewer reports of auto theft than most parts of downtown Indy. Occasional flooding near Park Ave. and Michigan St. is a noted concern.
On average, homes in Lockerbie Square, Indianapolis sell after 83 days on the market compared to the national average of 47 days. The average sale price for homes in Lockerbie Square, Indianapolis over the last 12 months is $545,485, down 9% from the average home sale price over the previous 12 months.
In Lockerbie Square, there are currently 3 condos for sale, providing a range of options for prospective buyers. With condos ranging from $368,000 to $500,000, there's something for every budget. As of April, 2025 the median home price in Lockerbie Square, Indianapolis is $475,000, while the average sale price is $545,485, providing insight into local market trends. On average, condos spend 83 days on the market before being sold. Whether you're considering condominiums, apartments for sale, or modern condos, there are options available to suit your needs. Explore the variety of condos for sale in Lockerbie Square, Indianapolis, and find the perfect place to call home.