I've been looking for a 4e condition, effect and init tracker for a very long time, and I got my hopes up when I saw this.
Have you tried D&D 4E Combat Manager by Dragon Pro? I've been using it for a little while, now, and I'm finding it well thought out. You don't get all the conditions on a single page, but bloodied is marked as a highlight and all other conditions are visible by clicking the creature in question. This sounds less useful, but actually the way it's generally used makes it only a minor hassle.
The software tracks initiative (allowing for readied actions, delays and so on) automatically, and also handles durations (you set up the duration when the condition is applied and it drops the condition when it expires, except "save ends", when it gives a pop-up with a roll that you can either accept or enter your own result - I generally accept the machine roll for monsters and let players roll for PCs).
It also remembers conditions that a specific creature applied, so if the wizard has a spell that dazes a whole crew, you need only enter the detail (condition + duration) once and it will give you an option to double-click from then on if the source is the wizard.
Characters and monsters can be entered manually (as can traps and so on), but if you use the CB and Adventure Tools (old offline or online versions) then direct import is easy.
Initiative can be entered or auto-rolled - again, I now use the auto-roll for monsters and enter PC rolls given to me by the players. Auto rolling can be made to group monsters of the same type or not, as you wish, and you can roll for individuals or en-masse. Adding surprise is also an option.
Overall, it's made my combat tracking a lot easier - especially with things like rolling for recovery of monster powers (done like saves - take the auto-roll or enter your own result). I can't seem to paste the url on my tablet, but if you Google "D&D 4E Combat Manager Dragon Pro" it should find the Dragon Pro homepage.