Python 2, 7272 62 bytes
n=s=1;x=[]n=2;x=[] exec'x+=[s]*n+[s*1j]*n;n+=1;s=-s;'*inputexec'x+=n/2*[1j**n];n+=1;'*input() print -sum(x[:n-1]2]) Thanks to @xnor for suggesting and implementing the quarter-turn idea, which saved 10 bytes.
Indexing is 0-based, output is a complex number. Test it on Ideone.