Sheldon Barnes
For Sale — 1112 Spann Avenue, Indianapolis, IN 462031112 Spann Avenue
Indianapolis, Indiana 46203
Spann & Cos 1st Woodlawn Add
3
Beds
4
Baths
3,655
Sq Ft
2017
Year Built
0.09
Acres
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ABOUT THIS HOME
Luxury new-construction 3-bedroom, 3.5-bath home located in the highly sought-after Fountain Square neighborhood! This stunning property features a fully finished, separate basement unit and private, fully fenced yards for each unit, offering exceptional flexibility and privacy. Showcasing high-end finishes throughout, the home is currently furnished and operating as a successful two-unit Airbnb-making it ideal for both investors and owner-occupants seeking income potential. Situated in a vibrant near-downtown location, the home is just steps from popular shops, restaurants, local retail, and offers easy highway access for convenient travel throughout Indianapolis. With ample living space and storage, this property is also perfectly suited as a forever home. A unique exterior design paired with soaring main-level ceilings creates a truly abstract and artistic aesthetic, setting this home apart from anything else on the market.
Key things to know
- Finished separate basement unit with private fenced yard
- Vaulted ceilings and hardwood floors
- Currently furnished and operating as 2-unit airbnb
- Smart locks and heat pump system
- Steps from fountain square shops and restaurants
Browse by room
13 rooms · 63 photos
Monthly payment
Estimate · $459,999
$3,400/mo
≈ $2,448 principal & interest · $951 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $92,000 on a loan of $367,999.
Price history
- Price reduced$469,900 → $459,999
Apr 20, 2026
- Listedat $534,900
Jan 30, 2026
Spann & Cos 1st Woodlawn Add · activity
past 6 months
- Sold
- 10
- Median price
- $400,000
- Median DOM
- 35 days
Recent comparable sales
$975,000
435 Virginia Avenue
3bd · 5ba · 4,050 sqft
Sold Oct 2024
$390,000
2025 Lick Creek Drive
4bd · 3ba · 3,233 sqft
Sold Apr 2026
$284,900
3225 Capsella Lane
4bd · 3ba · 3,274 sqft
Sold Mar 2026
$470,000
917 Buchanan Street
3bd · 5ba · 3,132 sqft
Sold Mar 2026
$680,000
1119 Spann Avenue
4bd · 4ba · 4,292 sqft
Sold Feb 2026
Comparative value
5 comps in this range
This home is 2.1% below median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$534,900Listed· Jan 30, 2026
$459,999Reduced
↓ $74,901 (14.0% off original)
80 days on market
Layout
Schools
Indianapolis Public Schools
Elementary
William McKinley School 39
Neighborhood
- Downtown Indianapolis1.2 mi
- Monon Trail (Carmel)13.8 mi
- Carmel Central Park14.3 mi
- IU Health North Hospital14.5 mi
- Carmel High School14.5 mi
- Carmel Arts & Design District15.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,655 sq ft
Year Built
2017
Stories
One
Subdivision
Spann & Cos 1st Woodlawn Add
Bedrooms
3
Bathrooms
3 full, 1 half
Garage
2 spaces
School District
Indianapolis Public Schools