See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1229 Spann Ave, Indianapolis, IN, 46203

2beds
2baths
1,557sqft
$269,900
$173price/sqft
$1,946/moest. monthly cost
$77,840/yrincome needed

About This Home

Fresh, clean, and move-in ready! This well-maintained home features stylish updates, fresh paint, and brand-new carpet in the bedrooms for added comfort. Situated on a well-established block near a neighborhood school, the functional layout makes everyday living easy and practical. If you're looking for your next home, this property checks the boxes with just enough space, nice updates, and a neighborhood that reaching its prime. Conveniently located with quick access to local amenities, shopping, dining, and downtown Indianapolis. A great opportunity for first-time home buyers or "Downsizers"! We look forward to seeing you at 1229 Spann Avenue!

Getting Around

71
WalkingVery Walkable
44
TransitSome Transit
81
BikeVery Bikeable

Schools

7/10
1/10

Construction

Condition

  • Year built: 1850

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Other

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Gas Water Heater,MicroHood,Electric Oven,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Cellar

Bedroom2

  • Level: Main
  • Area: 168
  • Dimensions: 14 x 12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Attic Access,Breakfast Bar,Eat-in Kitchen,High Speed Internet
  • Attic: Access Only
  • Finished area below ground: 0

Heating & Cooling

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

Interior Area

  • Total structure area: 1,557
  • Total interior livable area: 1,557 sqft

Kitchen

  • Level: Main
  • Area: 204
  • Dimensions: 17x12

Living Room

  • Level: Main
  • Area: 204
  • Dimensions: 17x12

Master Bedroom

  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Property

Details

  • Parcel number: 491007155128000101
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered
  • Fencing: Fenced,Partial

Lot

  • Lot size: 3,920 sqft
  • Features: Sidewalks,Storm Sewer,Street Lights

Parking

  • Parking features: Gravel,None

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 $1,364$16,368
Home Insurance *$198$2,376
Property Taxes $200$2,400
Electricity $184$2,212
Total$1,946$23,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,720/yr
40% on housing$58,380/yr
45% on housing$51,893/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

$173This 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
2026-05-04Price change$279,900
2026-03-27Listed for sale$289,900
2025-09-22Sold$205,073
2025-07-10Sold$204,483
2024-08-16Listing removed$249,000
2024-08-16Pending sale$249,000
2024-08-07Listed for sale$249,000
2024-07-01Listing removed--
2024-06-13Price change$255,000
2024-05-20Price change$265,000
2024-04-19Listed for sale$275,000
2024-03-31Listing removed--
2024-01-12Price change$275,000
2023-11-09Price change$294,000
2023-10-27Price change$299,000
2023-10-17Price change$309,900
2023-10-12Listed for sale$324,900
2023-03-31Sold$130,000
2023-03-16Pending sale$155,000
2023-02-14Listed for sale$155,000
2022-11-08Listing removed--
2022-10-27Price change$190,000
2022-07-19Price change$200,000
2022-05-11Listed for sale$210,000
2021-06-24Sold$150,000
2016-04-07Sold$130,000

For Sale by Agent

AgentMike Scott
BrokerageScott Estates

Similar Homes