501 S East Street Indianapolis, IN $ 1,999,900
501 S East Street
$ 1,999,900
New Construction
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501 S East Street

Indianapolis, IN, 46225
$ 1,999,900
Bedrooms4 Baths4.1 Sq 4,490

Monthly Estimate*

$ 13,970

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Single Family Home for sale in Indianapolis, IN

for $1,999,900 with 4 bedrooms and 4 full baths, 1 half bath. This 4,490 square foot home was built in 2024 on a lot size of 0.05.

Exclusive luxury, Wedgwood Building Company custom home located in Fletcher Place with spectacular views of downtown skyline and Lucas Oil Stadium. This modern homes provide upscale living with urban amenities. Enjoy living on the Cultural Trail and walk to the many downtown restaurants, sporting events or across the street to the neighborhood park. This home features 4 levels with an elevator, 2 car attached garage, and rooftop terrace with 2 additional outdoor areas. The lower level has a separate residence option with private entrance, BR & BA, Kit, & Laundry, LVT flooring, and is great for in-law quarters, guests, or Airbnb. Premium finishes and automated window coverings throughout, along with Sub Zero and Wolf appliances in the sleek kitchen. 4 spacious bedrooms all with en suite BA. Smart design features, security system, retractable screens at second floor balcony, gas fireplace provision on expansive (1127sqft) rooftop with Trex decking, and 2 EV charging stations with epoxy flooring in garage! See attached plans for further detail. Home has been professionally staged and all/some furnishings could be sold with the house but is not included in the price.

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Single Family Active

Price

$ 1,999,900

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 2,700

Style

Contemporary

Lot Size

0.05

Year Built

2024

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21966695

Features
General
Interior Features Breakfast Bar Built In Book Shelves Raised Ceiling(s) Center Island Elevator Entrance Foyer Paddle Fan Hardwood Floors Hi-Speed Internet Availbl In-Law Arrangement Network Ready Pantry Programmable T
Heating Forced Air Gas
Cooling Central Electric
Utilities Cable Available Gas
Possession Closing
Appliances Electric Cooktop Dishwasher Dryer Disposal Gas Water Heater Kitchen Exhaust Laundry Connection in Unit Microwave Oven Convection Oven Gas Oven Refrigerator Bar Fridge Tankless Water Heater Washer Wat
Exterior Features Balcony Smart Light(s) Smart Lock(s)
Garage Spaces 2
Patio/Porch Features Covered Patio Covered Porch Open Patio Rooftop
Architectural Style Contemporary
Construction Materials Brick Cement Siding
Year Built 2024
Township Center
Levels Three Or More
Property SubType Single Family Residence
Tax Year 2022
Accessibility Accessible Entrance
County Marion
New Construction Y
Property Type Residential
HOA / Comm Assn N
Subdivision Name Downeys
Garage Y/N Y
Total Rooms 11
Status Active
Directions 501 East Street is located just south of the corner of Virginia Ave and East Street. Just south of the Villaggio high rise condominium building.
City Indianapolis
Buyer Agent Compensation 2.0
High School District Indianapolis Public Schools
MLS Area 4913 - Marion - Center Se
Lot Size Square Feet 2265
Street Name East
Property Attached Y/N N
Current Financing Conventional
Property Condition New Construction
Days on Market 35
Builder Name Wedgewood BC
Standard Status Active
Tax Lot 4
Buyer Agent Compensation Type %
Legal Description Downeys 2nd Sub L4 Ol102
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Interior
Basement Ceiling - 9+ feet Daylight/Lookout Windows Egress Window(s) Finished Full Storage Space
Total Fireplaces 1
Fireplace Features Gas Starter Living Room
Basement (Y/N) Y
Full Baths 4
Half Baths 1
Street Suffix Street
Laundry Features Upper Level In Basement
Total Bedrooms 4
Below Grade Finished Area 901
Main Level Bedrooms 1
Total Baths 5
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Exterior
Parking Features Alley Access Attached Concrete Electric Vehicle Service Equipment (EVSE) Garage Door Opener Rear/Side Entry
Lot Features Storm Sewer Not In Subdivision
Water Source Municipal/City
Foundation Details Concrete Perimeter
Building Area Total 4490
Lot Size Acres 0.05
Other Equipment Security Alarm Monitored Smoke Alarm Sump Pump w/Backup
Horse Amenities None
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* Excluded Features
List By
Mcnulty Real Estate Services,

Broker

mcnultyre@gmail.com

Email

Affordability Calculator

$14,195
Per Month
98%
2%
0%
Monthly Principal & Interest
$13,970
Monthly Property Taxes
$225
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$1,999,900 Listed Price

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501 S East Street, Indianapolis, IN, 46225 is a Single Family Home for sale at $1,999,900 with 4,490 sqft and a lot size of 0.05. 501 S East Street has 4 bedrooms, 4.1 baths, and was built in 2024. The property's zip code is 46225 which is in Indianapolis, IN