Skip to content

505 S East Street

Indianapolis, IN 46203

ActiveListed Mar 22, 2024 · 821 days on market

Key facts

Beds
4
Baths
4 full · 1 half
Living area
4,490 sqft
Lot
0.05 acres
Year built
2024
Type
Residential · Single Family Residence
Stories
Three or more
Garage
2 spaces
MLS #
21966853
County
Marion
Subdivision
Downeys
New construction
Yes

About this home

Exclusive luxury, Wedgwood Building Company custom home located in Fletcher Place with spectacular views of downtown skyline and Lucas Oil Stadium. This modern homes provide upscale living with urban amenities. Enjoy living on the Cultural Trail and walk to the many downtown restaurants, sporting events or across the street to the neighborhood park. This home features 4 levels with an elevator, 2 car attached garage, and rooftop terrace with 2 additional outdoor areas. The lower level has a separate residence option with private entrance, BR & BA, Kit, & Laundry, LVT flooring, and is great for in-law quarters, guests, or Airbnb. Premium finishes throughout and Sub Zero and Wolf appliances in the impressive kitchen. 4 spacious bedrooms all with en suite BA. Smart design features, gas fireplace provision on expansive (1127sqft) rooftop with Trex decking, and 2 EV charging stations with epoxy flooring in garage! See attached plans for further detail. Utility wire in back to be buried and pole removed. 2 adjacent lots available to custom build a Buyer's own unique home. Contact List Agent for further information.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerDisposalGas Water HeaterExhaust FanMicrowaveGas OvenRange HoodRefrigeratorBar FridgeTankless Water HeaterWasherWine Cooler
Interior features
Breakfast BarHigh CeilingsKitchen IslandElevatorEntrance FoyerPaddle FanHi-Speed Internet AvailblIn-Law FloorplanEat-in KitchenWired for DataPantrySmart ThermostatWalk-In Closet(s)Wet BarWood Work Painted
Other rooms and areas
Bedroom Other on MainFamily Room 2nd StoryLaundry in UnitUtility Room
Flooring
Hardwood
Basement
Ceiling - 9+ feetDaylightEgress Window(s)FinishedFullInterior EntryStorage Space
Fireplaces
1
Fireplace type
Family RoomInsertGas Starter
Laundry
In UnitLaundry ClosetLaundry RoomUpper LevelIn Basement
Windows
Aluminum FramesLow-Emissivity Windows
Accessibility
Accessible Entrance
Rooms
11
Main-level bedrooms
1

Exterior

Exterior features
Balcony
Patio and porch
CoveredPatioRooftop
Construction
BrickCement Siding
Foundation
Concrete Perimeter
Style
Contemporary
Parking and garage
Alley AccessAttachedConcreteElectric Vehicle Service Equipment (EVSE)Garage Door OpenerGarage Faces RearStorage
Other equipment
Smoke AlarmSump Pump w/Backup

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public
Utilities
Cable AvailableNatural Gas Connected

Lot and HOA

Lot features
Storm SewerNot In Subdivision

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$1,000 / yearTwice the semi-annual installment the listing reports.
Tax year
2023

Estimate your monthly payment

$9,786per month, estimated
Principal and interest $9,073Property tax $83Insurance $630
20% · $359,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$1,799,900
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.