




1642 N Alabama St, Indianapolis, IN, 46202
About This Home
Timeless elegance meets modern luxury in this exceptional Queen Anne Victorian, beautifully restored in the heart of the coveted Herron-Morton Place Historic District. Offering more than 4,000sf of thoughtfully designed living space, this remarkable home showcases the craftsmanship of a bygone era with the comforts today's buyers expect. A gracious covered front porch welcomes you inside, where the grand foyer and original staircase make an unforgettable first impression. Rich hardwood floors, exquisite natural woodwork, pocket doors, soaring ceilings, and beautifully preserved architectural details are found throughout. The living room features coffered ceilings and a striking corner fireplace, while the formal dining room offers exceptional flexibility. A second living room with a fireplace also provides flexibility. The chef's kitchen is both beautiful and functional, appointed with a commercial-grade six-burner Wolf range with double ovens, Sub-Zero refrigerator, wine refrigerator, generous center island, and abundant custom cabinetry. The second level offers four distinctive bedrooms, including a fabulous primary suite. From a charming balcony over he front porch to a bedroom with a fireplace and another featuring tin ceilings and walls of windows, each space has its own unique personality. Both renovated full baths feature separate soaking tubs and walk-in showers. The finished third floor adds more than 800 square feet of flexible living space, complete with a wet bar and custom built-ins-perfect as a family room, home office, playroom, or guest retreat. Outside, the private, fenced backyard is designed for both relaxation and entertaining with a covered rear porch, mature landscaping, raised garden beds, and a play area. A true rarity, the three-car detached garage is complemented by a carriage house studio apartment featuring soaring ceilings, a full kitchen, full bath, and laundry hookups, ideal for guests, multigenerational living, or rental income.
Getting Around
Schools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1882
Materials
- Foundation: Brick/Mortar
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Disposal,Microwave,Gas Oven,Double Oven,Refrigerator,Washer,Wine Cooler,Electric Water Heater,Water Softener Owned
- Laundry features: Upper Level
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom2
- Level: Upper
- Area: 221
- Dimensions: 17x13
Bedroom3
- Level: Upper
- Area: 165
- Dimensions: 15x11
Bedroom4
- Level: Upper
- Area: 180
- Dimensions: 15x12
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Bonus Room
- Level: Upper
- Area: 684
- Dimensions: 36x19
Dining Room
- Level: Main
- Area: 255
- Dimensions: 17x15
Family Room
- Level: Main
- Area: 255
- Dimensions: 17x15
Features
- High Ceilings,Tray Ceiling(s),Hardwood Floors,Wet Bar,Breakfast Bar,Entrance Foyer,High Speed Internet,Wired for Data,In-Law Floorplan,Kitchen Island,Wired for Sound
- Window features: Wood Work Stained
- Flooring: Hardwood
- Number of fireplaces: 3
- Fireplace features: Bedroom,Family Room,Living Room
- Fireplace: Yes
- Finished area below ground: 0
Heating & Cooling
- Heating features: Zoned,Forced Air,Heat Pump,Electric,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 4,864
- Total interior livable area: 4,864 sqft
Kitchen
- Level: Main
- Area: 228
- Dimensions: 19x12
Living Room
- Level: Main
- Area: 288
- Dimensions: 18x16
Master Bedroom
- Level: Upper
- Area: 195
- Dimensions: 15x13
Property
Details
- Parcel number: 490636158049000101
- Special condition: Historic District
- Horse amenities: None
Features
- Levels: Three Or More
- Patio & porch: Deck,Covered
- Fencing: Fenced,Full
Lot
- Lot size: 6,098 sqft
- Features: Sidewalks,Storm Sewer,Street Lights,Trees-Small (Under 20 Ft)
Parking
- Total spaces: 3
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Heat Wave
- Inland Flooding
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,879 | $58,548 |
| Home Insurance * | $457 | $5,484 |
| Property Taxes | $1,017 | $12,204 |
| Electricity | $445 | $5,350 |
| Total | $6,798 | $81,576 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Listed for sale | $965,000 |
| 2018-06-04 | Sold | $735,000 |
| 2018-04-03 | Pending sale | $750,000 |
| 2018-01-26 | Listed for sale | $750,000 |
| 2014-10-03 | Sold | $640,000 |
| 2014-09-03 | Pending sale | $659,900 |
| 2014-07-22 | Listed for sale | $659,900 |
