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1724 Prospect Street

Indianapolis, IN 46203

PendingListed Mar 7, 2025 · 176 days on market

Key facts

Beds
4
Baths
3 full · 1 half
Living area
1,748 sqft
Lot
0.13 acres
Year built
1900
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22025649
County
Marion
Subdivision
Hosbrooks Sub Dunlop
Total building area
2,112 sqft

About this home

MAXIMIZE YOUR BUYING POWER with Exclusive Seller Financing! Well-qualified buyers can lock in interest rates starting at just 4.99%, based on down payment, and save up to $21,000 in closing costs. A minimum 20% down payment is required, and all buyers must be pre-approved through the seller's preferred lender. No formal underwriting, no discount points, and the ability to close in as little as 14 days. Just a 10-minute walk from Fountain Square, this stunning 4-bedroom, 3.5-bath Arts and Crafts-style home blends turn-of-the-century character with modern design. Meticulously restored and fully renovated in 2018, it's available furnished and Airbnb-ready or move-in ready for a lucky homeowner. The open-concept main level is perfect for entertaining, with bamboo flooring and a bold, contemporary staircase as a standout feature. The living area flows effortlessly into a chef-inspired kitchen, complete with granite countertops, a farmhouse sink, subway tile backsplash, and a dramatic oversized island. This home offers two luxurious primary suites, each with spa-worthy ensuite baths-one on the main level and one upstairs. The second floor also features vaulted ceilings, two additional bedrooms, and another full bath. Out back, enjoy a spacious deck overlooking a fenced yard with mature trees, creating a peaceful urban retreat. The home is energy-efficient with spray foam insulation, dual furnaces, and dual AC units, and includes an oversized two-car garage. Bonus: The property is zoned as a duplex, with potential to create an income-generating apartment or private guest space above the garage-ideal for extended family or adult children. Whether you're unwinding in the soaker tub or soaking up the culture of downtown Indy, this home delivers historic charm, modern comfort, and unmatched flexibility. Schedule your private showing today!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDisposalMicroHoodElectric OvenRefrigeratorElectric Water Heater
Interior features
Attic AccessHigh CeilingsVaulted Ceiling(s)Breakfast BarPaddle FanHi-Speed Internet Availbl
Kitchen
Kitchen Updated
Other rooms and areas
Laundry in Unit
Flooring
Hardwood
Basement
Unfinished
Laundry
Main Level
Windows
ScreensVinyl Windows
Rooms
7
Main-level bedrooms
1
Condition
Updated/Remodeled

Exterior

Patio and porch
DeckCovered
Construction
Wood Siding
Foundation
BlockPartial
Style
Craftsman
Parking and garage
Detached
Fencing
Full
Other equipment
Smoke Alarm

Systems

Heating
Forced AirElectric
Cooling
Central Air
Water
Public
Utilities
Cable AvailableElectricity Connected

Lot and HOA

Lot features
CurbsNot In SubdivisionSidewalksStreet LightsMature Trees

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$8,912 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$3,034per month, estimated
Principal and interest $2,142Property tax $743Insurance $149
20% · $85,000
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.

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Listed at$425,000
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