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4400 E Fall Creek Parkway North Dr
Indianapolis, IN 46205

Harbour Pointe · Multifamily Property For Sale · 336 Units

PROPERTY FACTS

No. Units 336
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 23.96 AC
Building Size 287,960 SF
Average Occupancy 94%
No. Stories 2
Year Built 1969
Parking Ratio 3.51/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Security System
  • Kitchen
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Yard
  • Dining Room
  • Window Coverings

Site Amenities

  • Business Center
  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Property Manager on Site
  • Package Service
  • Volleyball Court
  • Health Club Discount
  • Maintenance on site
  • Sundeck

About 4400 E Fall Creek Parkway North Dr , Indianapolis, IN 46205

Harbour Pointe is a 336-unit apartment community located on Indianapolis' popular northeast side. The community was built in two phases in 1969 and 1970 and has been owned and well maintained by the current owner (a family company) since 1990. Recent capital improvements performed by the seller include, repainting and carpeting of all hallways in 2016, $100,000 spent on landscaping in 2016, and paving and seal coating work in parking areas and drives earlier this year. Separate metering for gas should be completed by September 1. The community consists of 21 two-story residential buildings of attractive blonde brick and gray vinyl, and a large, newer clubhouse (built in 2009). The 26+/- acre site is well landscaped and includes many mature trees. The center attraction of the site is its large, fully-stocked lake. A full 31% of all units offer views of the lake, its colored fountains and a lighted gazebo located on the lake' s sandy island. Outstanding Location On Popular Far North Side: Harbour Pointe is in an outstanding location, at the convergence of four major thoroughfares [Binford Boulevard (Indiana State Road 37), Fall Creek Boulevard, Allisonville Road and Keystone Avenue] on the northeast side of Indianapolis. The location is within ten minutes of the downtown central business district and three major universities (Indiana-Purdue University Indianapolis with 30,000 students, Ivy Tech downtown campus with over 10,000 students and Butler University with over 5,000 students. The property is also within fifteen minutes of three of the city' s finest shopping, dining, and entertainment destinations: Broad Ripple, Keystone at the Crossing, and Castleton. Generally, the north side of Indianapolis is generally considered to be the most desirable and affluent area within the city and offers the best shopping and dining as well as the highest concentration of Class A and B office buildings outside of the downtown CBD. The community is across the street from the Fall Creek Greenway, an extremely popular walking, jogging and biking trail which connects northeast Indianapolis to downtown.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 224 $622.50 650 - 850
2+2 112 $775.00 1,065

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-07-17-111-198.000-801
Land Assessment
$936,200
Improvements Assessment
$8,209,300
Total Assessment
$9,145,500

zoning

Zoning Code C1
C1
  • Listing ID: 8698364

  • Date on Market: 8/16/2017

  • Last Updated:

  • Address: 4400 E Fall Creek Parkway North Dr, Indianapolis, IN 46205

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