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$690,000 ↓$59,000on 4/8/2024

1531 Spann Indianapolis, IN  46203

  • 6 Beds
  • 6 Baths
  • 3,147 sq. Ft

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Property Description for 1531 Spann Indianapolis, IN 46203

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. Multi camera security system stays w/ the home.
QuickBuy option for home selling

Address:1531 Spann Indianapolis IN 46203
Status:Active
on site: 500 days
Price:$690,000
Bedrooms:6 Beds
Bathrooms:4 Full Baths, 2 Half Baths
Sq. Feet:3,147
Year Built:2023
Lot Size:0.09
County: Marion
Township: Center SE
MLS #:21929649
Property Type:Single Family Residence

Lot Dimensions:3746
Lot Features:Curbs, Not In Subdivision, Sidewalks
Water Source:Municipal/City
Directions:From Prospect and Shelby Street go north on Shelby, turn Right/East on Spann Avenue to home on the right.
Main Level Sq. Ft. :1,250
Upper Level Sq. Ft. :1,897
Total Sq. Ft. :3,147

Loan Price
$4,332
Price And Interest $3,599/month
Property Tax $445/month
MTG INS $0/month
HOME INS $288/month
Price
$690,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$445/month
Home Owner Insurance
$3,456 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
04/08/24 $749,000 $690,000 -7.88%
11/29/23 $799,000 $749,000 -6.26%
08/28/23 $860,000 $799,000 -7.09%

RoomSizeLevel
Foyer 7x5 Main
Sun Room 17x9 Main
Great Room 17x14 Main
Dining Room 17x12 Main
Kitchen 17x15 Main
Laundry 12x7 Main
Primary Bedroom 20x14 Upper
Bedroom 2 12x10 Upper
Bedroom 3 11x10 Upper
Bedroom 4 11x10 Upper
Family Room 14x13 Upper
Office 18x8 Upper
Bedroom 5 12x11 Upper
Bedroom 6 12x10 Upper
Family Room 12x13 Upper
Kitchen 9x7 Upper

Semi-Annual Property Tax:$2,670
Tax Year:2022
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Subdivision: Spann & Cos 2nd Woodlawn Add
Zip Code:46203

Total Sq. Ft.:3,147
Interior Features:Center Island, Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, In-Law Arrangement, Walk-in Closet(s), WoodWorkStain/Painted
Interior Area(s):Bath Jack-n-Jill, Family Room 2nd Story, Utility Room
Eating Area(s):Dining Combo/Great Room
Appliances:Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Water Heater
Equipment:Security Alarm Monitored
Exterior Features:Balcony, Carriage/Guest House
Exterior Type:Cement Siding, Wood
Cool:Central Electric
Heat:Electric, Forced Air
Water Heater:Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Water Heater
Total Rooms:15
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Ann Skinner with Weichert, Realtors-Tralee Prop from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/31/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Indianapolis Market Report

130
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $1,436.60. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,058.56. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 1435 minutes ago.

At the moment we have 90 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $38,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2103.24 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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