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877 N East St #305, Indianapolis, IN, 46202

1beds
1baths
984sqft
$429,400
$436price/sqft
$3,409/moest. monthly cost
$136,360/yrincome needed

About This Home

Welcome home to unit 305A This 1BR 1BA third floor unit offers an exclusive contemporary lifestyle in the heart of Historic Chatham Arch, just steps from Mass Ave and the Bottleworks District. Located at the Residences at Chatham Park, this beautifully appointed residence features soaring 10-foot ceilings, oversized windows that flood the space with natural light, and a spacious private balcony. The open-concept kitchen is designed to impress with quartz waterfall-style countertops, designer backsplash, and stainless steel appliances. Gorgeous oak flooring flows throughout the living spaces, creating a warm and sophisticated feel. The spacious primary suite includes a walk-in closet and a beautifully finished bath with designer tile and high-end finishes. Residents enjoy access to premium amenities including a fully equipped fitness center, community lounge, outdoor courtyard and grilling areas, gathering spaces, and heated underground parking with EV charging capability. Live where the action is, with Indianapolis' best restaurants, entertainment, and culture right outside your door in one of downtown's most sought-after neighborhoods.

Getting Around

93
WalkingWalker's Paradise
56
TransitGood Transit
96
BikeBiker's Paradise

Schools

7/10
1/10

Construction

Condition

  • Property condition: New Construction
  • Year built: 2022

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Exhaust Fan,Microwave,Gas Oven,Refrigerator
  • Laundry features: In Unit,Connections All

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 144
  • Dimensions: 16x9

Features

  • Breakfast Bar,Hardwood Floors,Smart Thermostat,Storage,Walk-In Closet(s)
  • Window features: Wood Work Painted
  • Flooring: Hardwood
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 984
  • Total interior livable area: 984 sqft

Kitchen

  • Level: Main
  • Area: 144
  • Dimensions: 16x9

Laundry

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 36
  • Dimensions: 6x6

Living Room

  • Level: Main
  • Area: 192
  • Dimensions: 12x16

Master Bedroom

  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Property

Details

  • Parcel number: 491101192007044101
  • Attached to another structure: Yes
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Entry location: Building Common Entry
  • Exterior features: Balcony,Gas Grill,Lighting,Outdoor Kitchen

Lot

  • Features: Close to Clubhouse

Parking

  • Total spaces: 1
  • Parking features: Assigned,Attached,Concrete,Garage Door Opener,Heated Garage,Storage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,171$26,052
Home Insurance *$203$2,436
Property Taxes $851$10,212
Electricity $184$2,212
Total$3,409$40,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,880/yr
40% on housing$102,270/yr
45% on housing$90,906/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$436This listing

vs Other Active Listings

Avg $/sqft

ZIP 46202$168
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46202$182
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$429,400
2025-01-23Listing removed$429,400
2024-06-10Listed for sale$429,400

For Sale by Agent

AgentTerry Brown
BrokerageCENTURY 21 Scheetz

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