




1027 Hosbrook St, Indianapolis, IN, 46203
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
Schools
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
- Heat Wave
- 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 | $3,943 | $47,316 |
| Home Insurance * | $575 | $6,900 |
| Property Taxes | $86 | $1,032 |
| Electricity | $451 | $5,417 |
| Total | $5,055 | $60,660 |
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 |
|---|---|---|
| 2026-07-30 | Listed for sale | $779,900 |
| 2025-12-30 | Listing removed | $4,250 |
| 2025-11-27 | Listed for rent | $4,250 |
| 2025-11-07 | Sold | $760,000 |
| 2025-10-29 | Pending sale | $759,900 |
| 2025-08-21 | Price change | $759,900 |
| 2025-08-08 | Price change | $765,000 |
| 2025-07-22 | Price change | $775,000 |
| 2025-07-14 | Price change | $785,000 |
| 2025-06-09 | Listed for sale | $815,000 |
| 2022-05-13 | Sold | $165,000 |
| 2022-05-01 | Pending sale | $174,900 |
| 2022-04-06 | Price change | $174,900 |
| 2022-01-13 | Listed for sale | $185,000 |
| 2017-10-26 | Sold | $150,000 |
| 2017-09-25 | Pending sale | $154,900 |
| 2017-09-20 | Price change | $154,900 |
| 2017-08-30 | Listed for sale | $179,900 |
| 2017-03-03 | Sold | $110,000 |
| 2011-06-15 | Sold | $29,500 |
