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$490,000220 Eastern Avenue
For Sale73 days on marketNew Construction

220 Eastern Avenue

Indianapolis, Indiana 46201

No Subdivision

$490,000

$515,000

Schedule a Showing

5

Beds

3

Baths

4,077

Sq Ft

2025

Year Built

0.11

Acres

Sheldon Barnes, Carmel Realtor

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ABOUT THIS HOME

Modern luxury meets vibrant city living in the heart of Indianapolis! Built in 2025, this stunning new construction home is full of energy, style, and thoughtful design. From the moment you step inside, you'll love the open-concept layout that feels bright, spacious, and ready for everyday living and unforgettable entertaining. The gourmet kitchen is truly the centerpiece of the home-featuring sleek quartz countertops, classic shaker cabinetry, a statement wall chimney range hood, double ovens, a stylish backsplash, and an oversized island with bar seating perfect for gatherings. Whether you're hosting holidays or casual brunch with friends, this kitchen was designed to impress. The inviting living room offers warmth and charm with a beautiful fireplace, creating the perfect setting to relax and unwind. Upstairs, the spacious primary suite is your private retreat, complete with a spa-inspired ensuite bathroom showcasing a double vanity, walk-in shower, and soaking tub made for relaxation. With 5 bedrooms, 2 full baths, and a convenient half bath, there's room for everyone! Enjoy seamless indoor-outdoor living with a balcony, covered porch, sunroom, patio, deck, and fenced backyard-ideal for entertaining, pets, or peaceful evenings under the stars. A dedicated laundry room and generous walk-in closets add everyday practicality to this thoughtfully designed home. Location is everything! Situated just minutes from downtown Indianapolis, you'll enjoy easy access to the vibrant energy of Mass Ave, known for its local restaurants, and nightlife. Catch a game or concert at Gainbridge or Lucas Oil Stadium, explore the scenic Monon Trail, or spend the day at White River State Park. Commuting is a breeze with quick access to major highways and city amenities. This home offers the perfect blend of modern finishes, functional space, and unbeatable location. If you're looking for new construction with personality and proximity to everything Indianapolis has to offer, this is it!

Listed by Erica Edwards· CENTURY 21 Scheetz· MLS# 22082757

Key things to know

  • New construction, move-in ready
  • Gourmet kitchen with quartz countertops, double ovens, oversized island
  • Spa-inspired primary ensuite with soaking tub and walk-in shower
  • 5 bedrooms, multiple outdoor spaces including deck, patio, and fenced yard
  • Walkable to mass ave, gainbridge, monon trail

Monthly payment

Estimate · $490,000

$3,205/mo

$2,608 principal & interest · $597 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $98,000 on a loan of $392,000.

Price history

  1. Price reduced$495,000 → $490,000

    Apr 29, 2026

  2. Listedat $515,000

    Feb 18, 2026

Comparative value

5 comps in this range

This home is 23% below median for similar nearby sales.

$315K$862KMedian $640K
$490K

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 Access

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

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

Price history

  • $515,000Listed· Feb 18, 2026

  • $490,000Reduced

    $25,000 (4.9% off original)

73 days on market

Layout

Main
14 rooms2,751 sq ft
Upper
425 rooms1,326 sq ft

Primary suite

Closet Walk in

Primary bath

Shower Stall Full,Sinks Double,Suite,Tub Full

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis2.1 mi
    • Monon Trail (Carmel)13.0 mi
    • IU Health North Hospital13.5 mi
    • Carmel High School13.7 mi
    • Carmel Central Park13.7 mi
    • Carmel Arts & Design District14.3 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    4,077 sq ft

    Year Built

    2025

    Stories

    Two

    Subdivision

    No Subdivision

    Bedrooms

    5

    Bathrooms

    2 full, 1 half

    Garage

    2 spaces

    School District

    Indianapolis Public Schools

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