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4238 N College Avenue

Indianapolis, IN 46205

ActiveListed Sep 25, 2026 · 26 days on market

Key facts

Beds
5
Baths
4 full
Living area
4,032 sqft
Lot
0.23 acres
Year built
2016
Type
Residential · Single Family Residence
Stories
Two
Garage
3 spaces
MLS #
22124471
County
Marion
Subdivision
Hatherleigh

About this home

Unlike anything else on the market, 4238 N College Avenue is a truly custom, never-occupied residence offering 4 bedrooms, 3 full baths and more than 4,000 sq. ft. of thoughtfully designed living space near the heart of Broad Ripple. Completed in 2026, the home blends striking contemporary architecture with warmth, character and craftsmanship at every turn. Step through the custom mahogany Dutch door into an open main level designed for connection. The kitchen, dining and living areas flow together around a dramatic staircase, oversized windows, statement lighting and a linear fireplace. At the heart of the home, a 9-foot island anchors the custom kitchen, complemented by beautiful stone surfaces, extensive cabinetry, a walk-in pantry and a built-in breakfast nook. A main-level flex suite with custom wardrobes and an adjacent full bath offers exceptional versatility for guests, an office or additional living needs. Upstairs, the primary suite becomes a private retreat, flowing from the spacious bedroom into a dedicated custom dressing room and spa-inspired bath. Additional bedrooms, a full bath and second-floor laundry complete the level. The finished lower level feels like a true extension of the home, with 9'+ ceilings, a large recreation area, dedicated bar space, flex/game room, bedroom and full bath. Outside is one of the property's most exceptional Broad Ripple features: a rare detached 3-car garage plus a full driveway connecting College Avenue all the way to the alley, providing outstanding parking, access and flexibility. A rear deck and approximately 450 sq. ft. hardscaped patio create additional space to gather and entertain. Geothermal heating and cooling, custom built-ins, sound-dampening construction, CAT6 wiring and high-performance construction add substance behind the design. More than new construction, this is a one-of-a-kind custom home created with craftsmanship, function and individuality at its core. Schedule your private showing today!

Description provided by the listing brokerage.

Interior

Appliances
Electric CooktopDishwasherDisposalExhaust FanElectric OvenRefrigeratorWine CoolerMicrowaveRange Hood
Interior features
Attic AccessBreakfast BarBuilt-in FeaturesKitchen IslandHi-Speed Internet AvailblWalk-In Closet(s)
Other rooms and areas
Laundry in UnitLiving Room FormalUtility Room
Flooring
Hardwood
Basement
FinishedCeiling - 9+ feetEgress Window(s)Storage SpaceRoughed InInterior Entry
Fireplaces
1
Fireplace type
ElectricLiving Room
Security
Closed Circuit Camera(s)Smoke Detector(s)
Rooms
9
Main-level bedrooms
1

Exterior

Patio and porch
CoveredDeckPatio
Construction
StoneWood Siding
Foundation
Concrete PerimeterFull
Style
ContemporaryCraftsman
Parking and garage
Alley AccessDetachedConcreteGarage Door OpenerGarage Faces Rear

Systems

Heating
Geothermal
Cooling
Geothermal
Water
Public

Lot and HOA

Lot features
AccessBuslineSidewalksMature Trees

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$16,352 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$7,832per month, estimated
Principal and interest $6,049Property tax $1,363Insurance $420
20% · $240,000
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$1,199,999
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