1724 Prospect Street Indianapolis, IN $ 425,000
1724 Prospect Street
$ 425,000
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1724 Prospect Street

Indianapolis, IN, 46203
$ 425,000
Bedrooms4 Baths3.1 Sq 2,112

Monthly Estimate*

$ 2,935

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Single Family Home for sale in Indianapolis, IN

for $425,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,112 square foot home was built in 1900 on a lot size of 0.13.

MAXIMIZE YOUR BUYING POWER with Exclusive Seller Financing! Well-qualified buyers can lock in interest rates starting at just 4.99%, based on down payment, and save up to $21,000 in closing costs. A minimum 20% down payment is required, and all buyers must be pre-approved through the seller's preferred lender. No formal underwriting, no discount points, and the ability to close in as little as 14 days. Just a 10-minute walk from Fountain Square, this stunning 4-bedroom, 3.5-bath Arts and Crafts-style home blends turn-of-the-century character with modern design. Meticulously restored and fully renovated in 2018, it's available furnished and Airbnb-ready or move-in ready for a lucky homeowner. The open-concept main level is perfect for entertaining, with bamboo flooring and a bold, contemporary staircase as a standout feature. The living area flows effortlessly into a chef-inspired kitchen, complete with granite countertops, a farmhouse sink, subway tile backsplash, and a dramatic oversized island. This home offers two luxurious primary suites, each with spa-worthy ensuite baths-one on the main level and one upstairs. The second floor also features vaulted ceilings, two additional bedrooms, and another full bath. Out back, enjoy a spacious deck overlooking a fenced yard with mature trees, creating a peaceful urban retreat. The home is energy-efficient with spray foam insulation, dual furnaces, and dual AC units, and includes an oversized two-car garage. Bonus: The property is zoned as a duplex, with potential to create an income-generating apartment or private guest space above the garage-ideal for extended family or adult children. Whether you're unwinding in the soaker tub or soaking up the culture of downtown Indy, this home delivers historic charm, modern comfort, and unmatched flexibility. Schedule your private showing today!

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Single Family Pending

Price

$ 425,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 8,912

Style

Craftsman

Lot Size

0.13

Year Built

1900

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22025649

Features
Interior
Interior Amenities Attic Access High Ceilings Vaulted Ceiling(s) Breakfast Bar Paddle Fan Hi-Speed Internet Availbl
Basement Unfinished
Total Fireplaces 0
Basement (Y/N) Y
Half Baths 1
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 1
Total Baths 4
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General
Heating Forced Air Electric
Cooling Central Air
Utilities Cable Available Electricity Connected
Possession Closing
Appliances Dishwasher Disposal MicroHood Electric Oven Refrigerator Electric Water Heater
Garage Spaces 2
Patio/Porch Features Deck Covered
Architectural Style Craftsman
Construction Materials Wood Siding
Year Built 1900
Electric 200+ Amp Service
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Hosbrooks Sub Dunlop
Facing Direction South
Garage Y/N Y
Total Rooms 7
Full Baths 3
Status Pending
Directions From Center of Fountain Square go east on Prospect. One block east of State on the north side of the road.
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 5619
Property Attached Y/N N
Current Financing Conventional FHA VA SeeRemarks
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Virtual Tour https://click.pstmrk.it/3s/realestate.shadowstudio.org%2Fsites%2Fqazezpm%2Funbranded/cUpU/yb68AQ/AQ/bee3268b-e095-45ff-8d50-0cf6460eb5ab/3/sjopFahbem https://click.pstmrk.it/3s/realestate.shadowstudio.org%2Fsites%2F1724-prospect-st-indianapolis-in-46203-15392006%2Fbranded/cUpU/yb68AQ/AQ/bee3268b-e095-45ff-8d50-0cf6460eb5ab/2/D4Ie_7J_Qb
Standard Status Pending
Tax Lot 491007193004000101
Legal Description D B Hosbrooks Sub Dunlop S Add L5
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Exterior
Fencing Full
Parking Features Detached
Lot Features Curbs Not In Subdivision Sidewalks Street Lights Mature Trees
Water Source Public
Foundation Details Block Partial
Building Area Total 2112
Lot Size Acres 0.13
Waterfront Y/N N
Other Equipment Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
Exp Realty, Llc

Broker

debbie@homelinkpartners.com

Email

Affordability Calculator

$3,678
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,935
Monthly Property Taxes
$743
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/7/2025$419,000 Listed Price

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1724 Prospect Street, Indianapolis, IN, 46203 is a Single Family Home for sale at $425,000 with 2,112 sqft and a lot size of 0.13. 1724 Prospect Street has 4 bedrooms, 3.1 baths, and was built in 1900. The property's zip code is 46203 which is in Indianapolis, IN