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1531 Spann Avenue

Indianapolis, IN 46203

PendingListed Mar 1, 2026 · 180 days on market

Key facts

Beds
6
Baths
4 full · 2 half
Living area
3,147 sqft
Lot
0.09 acres
Year built
2023
Type
Residential · Single Family Residence
Stories
Three or more
Garage
2 spaces
MLS #
22085170
County
Marion
Subdivision
Center
New construction
Yes

About this home

A Turnkey Income-Producing Fountain Squares custom built 4Bed/3Bath multi-level home with 2Bed/1Bath Carriage House. The main floor, open-concept plan boasts an expansive great room, beautiful kitchen/dining combo, and unique sunroom. There are 3 bedrooms & 3 balconies on the 2nd floor; 2 bedrooms share a Jack & Jill bath, 1 bedroom w/ a private bath & balcony. The 2nd floor family room has its own balcony. The 3rd floor finds the Primary bedroom with a beautiful en-suite bath and private balcony. Wow your guests on the massive rooftop terrace with a view of Lucas Oil Stadium and fireworks. The 2-car garage w/ a beautiful 2 Bed/1Bath Carriage House w/ its own laundry is ideal for an in-law suite, guest house or Airbnb.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherElectric Water HeaterDisposalMicrowaveElectric OvenRefrigeratorWater Heater
Interior features
Kitchen IslandEntrance FoyerPaddle FanHi-Speed Internet AvailblIn-Law FloorplanWalk-In Closet(s)WoodWorkStain/Painted
Rooms
16

Exterior

Construction
BrickCement SidingVinyl SidingWood Siding
Foundation
Block
Style
Contemporary
Parking and garage
Detached

Systems

Heating
ElectricForced Air
Cooling
Central Air
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$17,202 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$5,261per month, estimated
Principal and interest $3,579Property tax $1,434Insurance $249
20% · $142,000
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$710,000
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