
Sheldon Barnes
For Sale — 1518 Spruce Street, Indianapolis, IN 462031518 Spruce Street
Indianapolis, Indiana 46203
No Subdivision
$424,900
Schedule a Showing4
Beds
3
Baths
2,274
Sq Ft
2026
Year Built
0.13
Acres
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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 1518 Spruce Street, ask any question about this home, or talk through what you should know about buying in Indianapolis.
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!
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
- Listedat $424,900
May 6, 2026
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Comparative value
5 comps in this range
This home is 27% above 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
$424,900Listed· May 6, 2026
2 days on market
Layout
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
