1504 N Park Ave, Indianapolis, IN, 46202
About This Home
Welcome to the VonHake-Rau house in the historic Old Northside! This completely renovated Queen Anne style home sits on a half-acre lot. Highlights are a main home featuring 4 beds 5 1/2 baths, and elevator, a completely renovated 2100s.f. carriage house that has been converted to a 3 bed 3 full bath two story home w/elevator, and finally, a rare for downtown 4 car garage with an 1,100 s.f. one bed apartment above! As you enter the main home, you'll love the impressive original wooden doors that lead you into the foyer and grand staircase. Den/office to your left with original fireplace and custom built-ins. Two living spaces separated by a cozy 2-sided fireplace offers a great space for entertaining. Original hardwoods and details throughout. The kitchen is light and bright with loads of storage, Dacor S/S commercial grade appliances, and custom finishes. The second floor offers 3 bedrooms, 3 full baths, and laundry room. The 3rd floor is a private retreat w/kitchenette, 2 fireplaces, large custom closets and dual full bathrooms. The wrap-around porch facing the large lush lot with mature trees is another rarity for downtown living. Home also features a back-up generator system. Altogether, this property offers incredible flexibility for multi-generational living, guests, or additional income opportunities. Walkable to Mass Ave, the Cultural Trail, Bottleworks, The Monon, and just an 8 minute drive to the Circle and all downtown offers.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1888
Materials
- Foundation: Block
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Gas Cooktop,Dishwasher,Dryer,Disposal,Gas Water Heater,Microwave,Oven
Basement
- Has basement: Yes
- Basement: Cellar
Bedroom2
- Level: Upper
- Area: 260
- Dimensions: 26x10
Bedroom3
- Level: Upper
- Area: 352
- Dimensions: 22x16
Bedroom4
- Level: Upper
- Area: 256
- Dimensions: 16x16
Bedroom5
- Level: Upper
- Area: 255
- Dimensions: 15x17
Bedroom6
- Level: Upper
- Area: 238
- Dimensions: 14x17
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 10
- Full bathrooms: 9
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Level: Main
- Area: 270
- Dimensions: 18x15
Family Room
- Level: Main
- Area: 240
- Dimensions: 16x15
Features
- Built-in Features,High Ceilings,Kitchen Island,Elevator,Hardwood Floors,In-Law Floorplan,Pantry,Sauna
- Flooring: Hardwood
- Number of fireplaces: 8
- Fireplace features: Double Sided,Bedroom,Dining Room,Gas Log,Non Functional
- Fireplace: Yes
- Finished area below ground: 0
Heating & Cooling
- Heating features: Zoned,Natural Gas
- Cooling features: Central Air,Dual
Interior Area
- Total structure area: 11,373
- Total interior livable area: 11,373 sqft
Kitchen
- Features: Marble
- Level: Main
- Area: 323
- Dimensions: 19x17
Laundry
- Features: Marble
- Level: Upper
- Area: 150
- Dimensions: 15x10
Library
- Level: Main
- Area: 288
- Dimensions: 16x18
Living Room
- Level: Main
- Area: 390
- Dimensions: 26x15
Master Bedroom
- Level: Upper
- Area: 322
- Dimensions: 23x14
Other
- Level: Upper
- Area: 210
- Dimensions: 15 x14
Other
- Level: Upper
- Area: 54
- Dimensions: 6 x9
Sitting Room
- Level: Upper
- Area: 322
- Dimensions: 23x14
Property
Details
- Parcel number: 490636211001000101
- Horse amenities: None
Features
- Levels: Three Or More
- Patio & porch: Covered,Wrap Around
- Fencing: Fenced,Fence Complete
Lot
- Lot size: 0.47 Acres
- Features: Corner Lot,Sidewalks
Parking
- Total spaces: 4
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
- Inland Flooding
- Cold Wave
- Heat Wave
- Strong Wind
- 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 | $16,636 | $199,632 |
| Home Insurance * | $1,560 | $18,720 |
| Property Taxes | $6,356 | $76,272 |
| Electricity | $1,042 | $12,510 |
| Total | $25,594 | $307,128 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow 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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-13 | Listed for sale | $3,490,000 |
| 2026-02-07 | Listing removed | $3,500,000 |
| 2025-10-27 | Price change | $3,500,000 |
| 2025-09-24 | Listed for sale | $3,999,900 |
| 2020-07-23 | Sold | $890,000 |
For Sale by Agent
View on Zillow