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$424,9001518 Spruce Street
For Sale2 days on marketNew Construction

1518 Spruce Street

Indianapolis, Indiana 46203

No Subdivision

4

Beds

3

Baths

2,274

Sq Ft

2026

Year Built

0.13

Acres

Sheldon Barnes, Carmel Realtor

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ABOUT THIS HOME

Modern design and flexible living space come together at 1518 Spruce Street - a 4-bed/2.5-bath new construction masterpiece located just moments from the Pleasant Run Trail and Fountain Square. Thoughtfully crafted with over 2,200 sq. ft. of living space, this contemporary home offers the finishes, layout, and move-in-ready convenience today's buyers want. From the moment you arrive, the home immediately stands out with its covered front porch and second-story walk-out balcony that creates the perfect place to relax or entertain. Inside, the open-concept layout is filled with natural light from oversized windows and features durable LVP flooring throughout. The main floor is anchored by an expansive great room that flows seamlessly into the kitchen, which serves as the true centerpiece of the home. Granite countertops with a waterfall edge, warm tan cabinetry, and sleek black appliances including a gas range provide the perfect setup for everyday living or hosting guests. The modern color palette and clean finishes continue into the expansive first-floor primary suite, complete with a large walk-in closet, double vanity, and striking black tile that extends into the oversized shower. Upstairs, you'll find three additional bedrooms along with a versatile loft entertainment space that works perfectly as a second living area, office, or media room. Step outside to enjoy the large concrete patio and fully fenced backyard with wood privacy fencing - ideal for grilling, gathering with friends, or enjoying quiet evenings outdoors. A two-car garage off the alley adds storage and functionality, with additional dedicated parking space available. With its aesthetic, layout, and prime location, this home also presents an excellent opportunity as an Airbnb or short-term rental. To add even more value, the seller is offering a one-year home warranty. Experience this modern new construction home in person - schedule your showing today!

Listed by Ryan Nelson· CrestPoint Real Estate· MLS# 22096682

Key things to know

  • New construction

Browse by room

16 rooms · 52 photos

Monthly payment

Estimate · $424,900

$2,275/mo

$2,261 principal & interest · $14 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $84,980 on a loan of $339,920.

Price history

  1. Listedat $424,900

    May 6, 2026

Comparative value

5 comps in this range

This home is 27% above median for similar nearby sales.

$235K$482KMedian $335K
$425K

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

Attic AccessBath Sinks Double MainBreakfast BarHigh CeilingsKitchen IslandPaddle FanEat-in KitchenPantrySmart ThermostatWalk-In Closet(s)

Exterior

BalconyLighting

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

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

Price history

  • $424,900Listed· May 6, 2026

2 days on market

Layout

Main
11.14 rooms1,170 sq ft
Upper
314 rooms1,104 sq ft

Primary suite

Closet Walk in

Primary bath

Shower Stall Full,Sinks Double,Suite

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis2.0 mi
    • Monon Trail (Carmel)14.7 mi
    • Carmel Central Park15.2 mi
    • IU Health North Hospital15.2 mi
    • Carmel High School15.3 mi
    • Carmel Arts & Design District16.0 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    2,274 sq ft

    Year Built

    2026

    Stories

    Two

    Subdivision

    No Subdivision

    Bedrooms

    4

    Bathrooms

    2 full, 1 half

    Garage

    2 spaces

    School District

    Indianapolis Public Schools

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