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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 1502 Spann Avenue in Fountain Square, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Newer built homes at this price point are a rarity in Fountain Square, and this property stands out by offering modern construction in one of Indianapolis' most desirable neighborhoods. The 2009 build delivers peace of mind through contemporary systems and a practical, efficient layout that supports a variety of living arrangements, from home offices to guest space or everyday flexibility. The interior flows comfortably between living, dining, and kitchen areas, creating a home that feels both functional and approachable. Outdoor space is private and usable, with the added benefit of off-street parking-an increasingly valuable feature in this area. Located just minutes from Fountain Square's restaurants, arts, and entertainment scene, as well as quick access to downtown, this home presents a unique opportunity to secure a newer-build property at an accessible price point without compromising on location or livability.

Listed by Connor Jones· Mark Dietel Realty, LLC· MLS# 22077963
SoldSold in 69 days

$247,250

$260,000

4Beds
1.1Baths
1,288Sq Ft

Newer built homes at this price point are a rarity in Fountain Square, and this property stands out by offering modern construction in one of Indianapolis' most desirable neighborhoods. The 2009 build delivers peace of mind through contemporary systems and a practical, efficient layout that supports...

Listed by Connor Jones· Mark Dietel Realty, LLC· MLS# MBR22077963

1,288

Sq Ft

2009

Year Built

4

Bedrooms

1.1

Bathrooms

Key things to know

  • Sold 9.6% below list in 69 days
  • Fountain Square subdivision

Sold

$235,000

-$25,000 below list (-9.6%)

Closed
Apr 8, 2026
Listed at
$260,000
Sold
1 month ago
Sold in
69 days

Price history

  1. Sold$235,000

    Apr 8, 2026

  2. Price reduced$247,500 → $247,250

    Feb 26, 2026

  3. Listedat $260,000

    Dec 31, 2025

Sold
7
Median price
$330,000
Median DOM
14 days

Comparative value

5 comps in this range

This home is 13% above median for similar nearby sales.

$125K$335KMedian $208K
$235K

FEATURES & AMENITIES

Interior

Attic AccessPaddle FanHi-Speed Internet AvailblEat-in KitchenWalk-In Closet(s)

Exterior

LightingStorage Shed

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $260,000Listed· Dec 31, 2025

  • $247,250Reduced

    $12,750 (4.9% off original)

69 days on market

Layout

Main
41.18 rooms1,288 sq ft

Schools

Indianapolis Public Schools

  • Elementary

    William McKinley School 39

  • Middle

    HW Longfellow Med/STEM Magnet Midl

  • High

    Arsenal Technical High School

Neighborhood

  • Downtown Indianapolis1.5 mi
  • Monon Trail (Carmel)13.8 mi
  • Carmel Central Park14.4 mi
  • IU Health North Hospital14.4 mi
  • Carmel High School14.5 mi
  • Carmel Arts & Design District15.1 mi

PROPERTY DETAILS

Living Area

1,288 sq ft

Year Built

2009

Stories

One

Subdivision

Fountain Square

Bedrooms

4

Bathrooms

1 full, 1 half

School District

Indianapolis Public Schools

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