Sheldon Barnes
For Sale — 1531 Spann Avenue, Indianapolis, IN 462031531 Spann Avenue
Indianapolis, Indiana 46203
Center
$720,000
Schedule a Showing6
Beds
6
Baths
3,147
Sq Ft
2023
Year Built
0.09
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 1531 Spann Avenue in Center, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
A Turnkey Income-Producing Fountain Squares custom built 4Bed/3Bath multi-level home with 2Bed/1Bath Carriage House. The main floor, open-concept plan boasts an expansive great room, beautiful kitchen/dining combo, and unique sunroom. There are 3 bedrooms & 3 balconies on the 2nd floor; 2 bedrooms share a Jack & Jill bath, 1 bedroom w/ a private bath & balcony. The 2nd floor family room has its own balcony. The 3rd floor finds the Primary bedroom with a beautiful en-suite bath and private balcony. Wow your guests on the massive rooftop terrace with a view of Lucas Oil Stadium and fireworks. The 2-car garage w/ a beautiful 2 Bed/1Bath Carriage House w/ its own laundry is ideal for an in-law suite, guest house or Airbnb.
Key things to know
- Rooftop terrace with lucas oil stadium views
- Detached 2-bed carriage house with laundry
- Open-concept main floor with sunroom
- Primary suite with private balcony on 3rd floor
- In-law suite or airbnb-ready guest house
Browse by room
13 rooms · 62 photos
Monthly payment
Estimate · $720,000
$5,266/mo
≈ $3,832 principal & interest · $1,434 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $144,000 on a loan of $576,000.
Price history
- Listedat $720,000
Mar 1, 2026
Recent comparable sales
$405,000
866 Fletcher Avenue
5bd · 2ba · 2,892 sqft
Sold Mar 2026
$275,000
5429 Terrace Avenue
5bd · 3ba · 2,668 sqft
Sold Mar 2026
$230,000
917 Iowa Street
5bd · 3ba · 2,737 sqft
Sold Mar 2025
$370,000
1102/1104 Spann Avenue
5bd · 5ba · 2,902 sqft
Sold Nov 2025
$600,000
1162 English Avenue
5bd · 6ba · 3,784 sqft
Sold Feb 2026
Comparative value
5 comps in this range
This home is 95% 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$720,000Listed· Mar 1, 2026
69 days on market
Layout
Primary suite
Balcony,Bedroom 2nd Primary,Closet Walk in
Primary bath
Suite,Tub Full with Shower
Schools
Indianapolis Public Schools
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 District15.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,147 sq ft
Year Built
2023
Stories
Three Or More
Subdivision
Center
Bedrooms
6
Bathrooms
4 full, 2 half
Garage
2 spaces
School District
Indianapolis Public Schools