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Real Silk Lofts
Real Silk Lofts The Real Silk Hosiery Mills in Indianapolis was the largest shipper of COD parcel post packages. It was founded by brothers Jack and Lazure Goodwin in 1922. They were very successful and were one of the three biggest manufacturing units in the industry.
The stock market collapse depressed Real Silk's market and the company had extreme loss due to the price of raw silk plummeting and ended up owing a considerable amount to a couple of lenders. Gustave Efroymson, former president of H.P. Wasson Co. Indianapolis was approached to assist in turning the company around, and in 1934 the company was on a comeback... Read More
After the war though, the company struggled due to the discovery of nylon which was far less expensive than silk. After Efroymson's death, his son Robert took over the company and Robert divested Real Silk of manufacturing ops.
Eventually in late 1988 the facilities began being converted into apartments and condos. Their business boomed during World War 11 with more than 1,500 employees making silk parachutes from the Indianapolis plant alone
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IF YOU ARE CONSIDERING SELLING OR BUYING IN THE REAL SILK LOFTS THEN:
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| Location: | 611 Park Avenue, Indianapolis IN 46204 |
| Neighborhood: | Chatham Arch-Mass Ave |
| Year Built or Converted: | Converted to condominiums in the Mid 1980's |
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Total # Condos: |
70 |
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Size Range: |
721 sq ft - 2,261 sq ft |
| Bedroom Options: |
Most units in the building are 1 bedroom with an open loft that counts as 2nd bedroom downtown because the building is a high-rise with a fire sprinkler system. A small percentage of the units are 1 bedroom and most of these units are on the west side of the building and have downtown skyline views A handful of units are 3 bedroom units Real Silk also includes a separate attached townhouse that shares one of the two common area garages
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| What's Different About This building: |
Most units have a handful of stairs that typically lead to the loft area and/or baths.
As one of the older condo conversions downtown many of the units need updating. The amount and type of updating just varies based on what he current and past owner has previously completed.
Most units only have 1 parking space and some units have none. There is a small first come first serve common parking lot by the front door and there is free parking on Park and North Ave. (Note as you might expect finding parking after 5:oo PM Thursday through Saturday evenings can be very tough.)
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| Parking |
Typical parking per unit is 1 space either a garage space or an outside space. Some units have no deeded parking spaces. There are a handful of units that have two tandem parking spaces (heal to toe) in the outside parking lot. There is also a small 1st come 1st serve parking lot by the front door.
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| Amenities: |
Most units have a 3 season's room where 1/2 of the large wall of windows opens that converts this space when the weather is nice to a balcony. No Grills are allowed to be used on these areas
The building is the only Condo development downtown to have it's own Lap Pool, Sauna, and Whirlpool. There is also a small exercise room and a nice 2nd floor party room that overlooks the pool and can be reserved for private parties. There are also two restrooms that serve the pool and party room.
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| SORTED MOST TO LEAST EXPENSIVE There are Sold listings in the last 12 months. Below shows up to the first 24 Sales. |
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About Mitch
Mitch leverages his local expertise, combined with his meaningful business and life experiences, and decades of professional leadership and growth in the construction and technology industries to contribute to his success as one of Greater Indy's Top REALTORs.
Mitch is committed to helping change the lives of his clients as they start their next chapter, by making it easier, more enjoyable and more profitable for his clients that design, build, buy, and sell their home, condo, townhouse or investment property!
Do You Need, Or Want, To Sell First Before Buying A Real Silk Lofts ?
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Mitch@ToHelpUmove.com
317.223.1673
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