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648 Ellsworth Street

Indianapolis, IN 46202

ActiveListed Sep 25, 2026 · 6 days on market

Key facts

Beds
4
Baths
3 full · 1 half
Living area
4,144 sqft
Lot
0.1 acres
Year built
2006
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22128759
County
Marion
Subdivision
Watermark

About this home

Experience luxury canal-front living in the heart of Downtown Indy. Tucked inside the gated Watermark Community, this private waterfront retreat blends timeless architecture with modern luxury and is one of the few canal-front residences available in the city. Upon entry, you are greeted by soaring 10-foot ceilings that create an airy, sophisticated sense of scale. A gas fireplace anchors the living space, which flows seamlessly into the covered balcony, sitting room, dining area, and chef's kitchen. The kitchen features custom cabinetry, new hardware, wine fridge, and premium GE Cafe appliances. Upstairs, wide skylit hallways lead to three bedrooms, each opening onto covered balconies with views of the city and canal. The expansive primary suite is a true escape, with a private balcony overlooking the canal, perfect for morning coffee or an evening unwind. The spa-like ensuite offers a jetted soaking tub, an oversized walk-in shower, and dual vanities, while the large walk-in closet keeps everything organized in style. The lower level walks out to the canal and offers flexibility for your lifestyle, with a fourth bedroom, living room, fireplace, and a large bathroom with a steam shower. Abundant storage throughout keeps every space as functional as it is beautiful. Park or spend time in the heated finished garage with extra storage room, wall of cabinetry, and EV charger. Live just steps from museums, the Cultural Trail, restaurants, stadiums, parks, universities, and hospitals. The HOA handles lawn care and snow removal, so you can access your door year around without lifting a shovel or a mower. Multiple gated entrances and park-like common spaces, rare for downtown living, offer comfort and serenity, tucked away from city traffic yet moments from it all. Canal-front living, downtown convenience, and rare privacy, all in one address.

Description provided by the listing brokerage.

Interior

Appliances
Gas CooktopDishwasherDryerDisposalGas Water HeaterMicroHoodMicrowaveGas OvenRefrigeratorWasherWater Softener OwnedWine Cooler
Interior features
Attic AccessBath Sinks Double MainBreakfast BarBuilt-in FeaturesHigh CeilingsEntrance FoyerPaddle FanHi-Speed Internet AvailblIn-Law FloorplanWired for DataPantrySmart ThermostatWalk-In Closet(s)WoodWorkStain/Painted
Kitchen
Kitchen Updated
Other rooms and areas
Bath Jack-n-JillLaundry in UnitUtility Room
Flooring
Hardwood
Basement
Ceiling - 9+ feetEgress Window(s)Exterior EntryFinishedInterior EntryStorage SpaceWalk-Out Access
Fireplaces
2
Fireplace type
BasementGas LogLiving Room
Laundry
Upper Level
Windows
ScreensSkylight(s)Low-Emissivity Windows
Security
Carbon Monoxide Detector(s)Gated CommunitySecured Garage/ParkingSecurity GateSmoke Detector(s)
Rooms
11
Condition
Updated/Remodeled

Exterior

Exterior features
BalconyGas GrillFire PitWater Feature Fountain
Patio and porch
CoveredDeck
Construction
Cement SidingStone
Foundation
Poured Concrete
Style
Craftsman
Parking and garage
AttachedConcreteElectric GateElectric Vehicle Service Equipment (EVSE)Garage Door OpenerGatedGuestHeated GarageStorage
Fencing
Partial
View
SkylineWater
Waterfront
Water AccessWater View
Other equipment
Security System OwnedSmoke AlarmSump Pump Dual

Systems

Heating
Forced AirGas
Cooling
Central Air
Water
Public
Utilities
Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

HOA fee
$1,200 / quarterly
Lot features
Gated CommunityStreet Lights
HOA fee includes
Association Home OwnersEntrance PrivateLawncareMaintenance GroundsMaintenanceSnow Removal
HOA amenities
MaintenanceMaintenance GroundsParkPicnic AreaSnow Removal

Schools

Elementary school
Carl Wilde School 79
School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$9,344 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$6,569per month, estimated
Principal and interest $5,041Property tax $779Insurance $350HOA $400
20% · $200,000
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$1,000,000
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