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1540 Central Avenue

Indianapolis, IN 46202

ActiveListed Oct 27, 2025 · 266 days on market

Key facts

Beds
4
Baths
3 full · 1 half
Living area
3,570 sqft
Lot
0.11 acres
Year built
2017
Type
Residential · Townhouse
Stories
Three or more
Garage
2 spaces
MLS #
22068208
County
Marion
Subdivision
No Subdivision

About this home

Welcome home to a newly built townhome in the heart of Indy's historical Old Northside! This four-level O&E townhome boasts a wonderful location, close to all your downtown desires. The original owners updated it before completion with a luxury kitchen and more. Enjoy abundant natural light on every floor and two outdoor living areas: a rooftop deck with stunning downtown views and a maintenance-free, fully fenced backyard with turf and a paver patio. The finished basement features a lovely wet bar, beverage fridge, cabinetry, a recreation room, and extra storage. With four bedrooms and three separate living spaces, this home is perfect for entertaining. The custom kitchen offers high-end appliances, ample cabinetry, and counter space, all open to the living and dining areas.

Description provided by the listing brokerage.

Interior

Appliances
Gas CooktopDishwasherDryerElectric Water HeaterDisposalMicrowaveConvection OvenRange HoodRefrigeratorWasherWater PurifierWater Softener OwnedWine Cooler
Interior features
Attic AccessKitchen IslandPaddle FanHi-Speed Internet AvailblPantrySmart ThermostatWalk-In Closet(s)Wet Bar
Kitchen
Kitchen Updated
Other rooms and areas
Utility Room
Basement
Egress Window(s)FinishedFull
Laundry
Upper LevelSink
Windows
Screens
Rooms
11

Exterior

Exterior features
Balcony
Patio and porch
Patio
Construction
BrickCement Siding
Foundation
Concrete Perimeter
Style
Traditional
Parking and garage
Detached
Fencing
Fence Complete
View
CityDowntown
Other equipment
Smoke AlarmSump Pump

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
Corner LotCurbsSidewalksStreet Lights

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$7,034 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$4,494per month, estimated
Principal and interest $3,655Property tax $586Insurance $254
20% · $145,000
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$725,000
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