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1027 Hosbrook St, Indianapolis, IN, 46203

4beds
5baths
4,925sqft
$779,900
$158price/sqft
$5,055/moest. monthly cost
$202,200/yrincome needed

About This Home

Step into an extraordinary living experience at 1027 Hosbrook Street in the heart of Indianapolis' vibrant Fountain Square neighborhood. Completed in 2024, this newly constructed residence delivers modern sophistication, thoughtful design, and exceptional income-producing versatility. The main residence offers approximately 3,612 square feet of beautifully finished living space, featuring four spacious bedrooms, three full bathrooms, and two half bathrooms. Its generous layout provides comfortable private retreats, inviting gathering spaces, and the flexibility demanded by today's lifestyles. The opportunity extends beyond the main home. Positioned at the rear of the property is an oversized detached two-car garage leading to a charming 607-square-foot studio carriage house. Designed for privacy and independence, the carriage house features its own separate entrance, full-size kitchen, full bathroom, laundry hookups, and dedicated HVAC system. It is ideally suited for overnight guests, extended family, a private office, or an additional income-producing rental. Currently operated as a successful Airbnb, the property has generated strong short-term rental income for its current owners. The combination of the main residence and fully equipped carriage house creates a compelling opportunity to continue the existing rental model, explore a dual-income strategy, or enjoy luxury living while generating supplemental revenue from the secondary residence. Whether acquired as a distinctive primary residence or a versatile addition to an investment portfolio, 1027 Hosbrook Street offers a rare blend of lifestyle, location, and income potential. Rental income, permits, and intended uses should be independently verified by the purchaser.

Getting Around

91
WalkingWalker's Paradise
43
TransitSome Transit
97
BikeBiker's Paradise

Schools

7/10
1/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2024

Materials

  • Foundation: Concrete Perimeter,Full
  • Construction materials: Cement Siding

Other

  • Builder name: Custom Build

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Water Heater,Exhaust Fan,Microwave,Gas Oven,Range Hood,Refrigerator,Washer,Dryer
  • Laundry features: Upper Level,Laundry Room,Sink

Basement

  • Has basement: Yes
  • Basement: Ceiling - 9+ feet,Egress Window(s),Finished

Bedroom2

  • Level: Upper
  • Area: 140
  • Dimensions: 14x10

Bedroom3

  • Level: Upper
  • Area: 120
  • Dimensions: 12x10

Bedroom4

  • Level: Basement
  • Area: 187
  • Dimensions: 11x17

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2
  • Main level bathrooms: 1

Family Room

  • Level: Basement
  • Area: 352
  • Dimensions: 22x16

Features

  • Kitchen Island,Ceiling Fan(s),Eat-in Kitchen,Walk-In Closet(s),Breakfast Bar,Double Vanity
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 1,035

Heating & Cooling

  • Heating features: Zoned,Forced Air,Natural Gas
  • Cooling features: Central Air,Zoned

Interior Area

  • Total structure area: 4,925
  • Total interior livable area: 4,925 sqft

Kitchen

  • Level: Main
  • Area: 368
  • Dimensions: 23x16

Laundry

  • Level: Upper
  • Area: 72
  • Dimensions: 12x6

Living Room

  • Level: Main
  • Area: 209
  • Dimensions: 19x11

Master Bedroom

  • Level: Upper
  • Area: 168
  • Dimensions: 12x14

Office

  • Level: Main
  • Area: 120
  • Dimensions: 10x12

Property

Details

  • Parcel number: 491112236297000101
  • Horse amenities: None

Features

  • Levels: Three Or More,Two
  • Stories: 2
  • Patio & porch: Covered,Deck
  • Fencing: Fenced,Fence Complete,Full,Privacy

Lot

  • Lot size: 5,662 sqft
  • Features: Curbs,Sidewalks

Parking

  • Total spaces: 2
  • Parking features: Detached,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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

MonthlyAnnual
Mortgage $3,943$47,316
Home Insurance *$575$6,900
Property Taxes $86$1,032
Electricity $451$5,417
Total$5,055$60,660
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$173,314/yr
40% on housing$151,650/yr
45% on housing$134,800/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

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.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$158This listing

vs Other Active Listings

Avg $/sqft

ZIP 46203$117
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46203$129
Marion County$131

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

DateEventPrice
2026-07-30Listed for sale$779,900
2025-12-30Listing removed$4,250
2025-11-27Listed for rent$4,250
2025-11-07Sold$760,000
2025-10-29Pending sale$759,900
2025-08-21Price change$759,900
2025-08-08Price change$765,000
2025-07-22Price change$775,000
2025-07-14Price change$785,000
2025-06-09Listed for sale$815,000
2022-05-13Sold$165,000
2022-05-01Pending sale$174,900
2022-04-06Price change$174,900
2022-01-13Listed for sale$185,000
2017-10-26Sold$150,000
2017-09-25Pending sale$154,900
2017-09-20Price change$154,900
2017-08-30Listed for sale$179,900
2017-03-03Sold$110,000
2011-06-15Sold$29,500

New Construction

AgentKeishaun Garner
BrokerageOPEN HEIR

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