Tarkington Tower, a mid-town icon, is ideally located just a few short miles from the center of downtown Indianapolis.  That ideal location is across the street from a beautiful park that includes tennis courts a play area and picnic benches.  New owners of Tarkington Tower homes soon discover that they live mere blocks, sometimes walking distance, from many essential services.  Explore the links and see for yourself.

Welcome to Unit 5F of Tarkington Tower

DESCRIPTION

The Slideshow (click the little picture) is a glimpse of Unit 5-F.

Wonderful one bedroom unit facing iconic Meridian St.  

DESCRIPTION

Total Custom Renovation With New Electrical and Plumbing

1 Bedroom, 1 Bath (Tub/Shower Combination)

Fifth Floor, Meridian Street And & Downtown Views

Floor Location Immediately Adjacent To Elevators

Luxury Midtown High Rise Condominium with Common Entry (Year Built -1968)

Finished Square Feet: 1125

Offering Price: $199,500.00

Purchase Price /sq. ft.: $177.33

Monthly HOA Fees: $610.00

Includes: Heat. Air, Water, Electric, Basic Cable, Landscape and Lawn care, Snow Removal, Outdoor Swimming Pool, Patio Deck & Grill, Nicely Outfitted Indoor Workout Center, Party Room privileges, Access to 2 Guest Suites for overnight visitors, 24/7 Door Staff and Video Security, Parcel Acceptance Services, Maintenance of Building Common Areas

Semi-Annual Property Taxes: $350.00

FEATURES

Heat: Unit Controlled, Hot Water Fan Convectors

Cooling: Unit Controlled, Chilled Water Fan Convectors

Foundation: Basement

Exterior: Brick and Glass Curtain Walls

Architectural Style: Contemporary

Appliances:

In-Sinkerator Quiet Disposer

Bosch Quiet Dishwasher

Bosch Electric Glass Cooktop

Bosch Electric Built-in Full Size Oven

Bosch Built-in Microwave/ Convection Oven

Custom Kitchen Exhaust Hood with Multi-speed Fan

Bathroom Exhaust Fan with Bluetooth Speakers

Flooring:

DuChateau Hardwood-look Commercial Grade Low-Maintenance Vinyl

Karastan Luxury Grade Carpet

Stone Peak Designer Porcelain Tile

Interior:

45 sq. Ft. Customizable Master Bedroom Closets

LED-lighted Tray Ceiling in Kitchen

LED-lighted Accent Wall in Living Area

Desk Nook with Floating Shelves

Hookup for Stackable Washer/Dryer

Euro Custom Kitchen Cabinets

Parking: 1 Indoor Deeded Space

Storage: 1 Indoor Deeded Unit

Equipment:

3 Elevators: Including Common & Service

2 Smoke Alarms

Ownership Interest Type: Horizontal Property Regime

Contact: 

Bill McLane
McLane Realty
(317) 502-2021

Home Owners Association (HOA) fees

If you are the typical homeowner, in addition your mortgage and home owner’s insurance, you write several checks every month for things like: water, electricity, gas, garbage pickup, cable, possibly a health club membership and a security service.  Some of these checks are a monthly standard and others such as the utilities can vary dramatically depending on the season. 

If you are that typical homeowner but have now begun investigating condominium living you have probably been shocked by the HOA fee you’ve been quoted.  I have as well, twice, but especially the first time I invested in a condominium home.  The first time it was a new property and the HOA fee was incredibly low, the shock came when the condominium was substantially sold to individual homeowners and a true association was formed.  We rapidly discovered that the fee was artificially low (does bait and switch ring a bell?), and had to be raised by a substantial amount to cover the real costs.

The second time I was shocked was when I bought a home here at Tarkington Tower, some 17 years ago.  The shock then was that while high, I knew it to be an honest reflection of the costs of home ownership.

The fee here at Tarkington Tower is no doubt larger than I would like but when I consider what it covers, I have no complaints.  Take a look at the breakdown by Tarkington Tower home type below; if it isn’t visible please scroll down. 

Remember that this monthly fee, via a single “check”, covers everything (staff, utilities, cable, exercise facility, security, door person, external property maintenance and: grounds, roof, building systems, and pool plus snow removal.

That single “check” also contributes to the reserve fund that supports our long range plan designed to keep the building healthy.

If you have any questions, just use the contact form to get in touch with our property manager, but for now scroll down for an understanding of the fee components.

Click on the little picture to view the fee breakdown.