1531 Spann Ave, Indianapolis, IN, 46203
About This Home
A Turnkey Income-Producing Fountain Squares custom built 4Bed/3Bath multi-level home with 2Bed/1Bath Carriage House. The main floor, open-concept plan boasts an expansive great room, beautiful kitchen/dining combo, and unique sunroom. There are 3 bedrooms & 3 balconies on the 2nd floor; 2 bedrooms share a Jack & Jill bath, 1 bedroom w/ a private bath & balcony. The 2nd floor family room has its own balcony. The 3rd floor finds the Primary bedroom with a beautiful en-suite bath and private balcony. Wow your guests on the massive rooftop terrace with a view of Lucas Oil Stadium and fireworks. The 2-car garage w/ a beautiful 2 Bed/1Bath Carriage House w/ its own laundry is ideal for an in-law suite, guest house or Airbnb.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2023
Materials
- Foundation: Block
- Construction materials: Brick,Cement Siding,Vinyl Siding,Wood Siding
Other
- Builder name: Aso Tv C&D
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Water Heater,Disposal,Microwave,Electric Oven,Refrigerator,Water Heater
Bedroom2
- Level: Upper
- Area: 120
- Dimensions: 12x10
Bedroom3
- Level: Upper
- Area: 110
- Dimensions: 11x10
Bedroom4
- Level: Upper
- Area: 110
- Dimensions: 11x10
Bedroom5
- Level: Upper
- Dimensions: 12/11
Bedroom6
- Level: Upper
- Dimensions: 12/10
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
- Main level bathrooms: 1
Family Room
- Level: Upper
- Area: 182
- Dimensions: 14x13
Family Room
- Level: Upper
- Area: 156
- Dimensions: 12x13
Features
- Kitchen Island,Entrance Foyer,Ceiling Fan(s),High Speed Internet,In-Law Floorplan,Walk-In Closet(s)
- Window features: WoodWorkStain/Painted
Heating & Cooling
- Heating features: Electric,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,147
- Total interior livable area: 3,147 sqft
Kitchen
- Level: Upper
- Area: 63
- Dimensions: 9x7
Master Bedroom
- Level: Upper
- Area: 280
- Dimensions: 20x14
Office
- Level: Upper
- Area: 144
- Dimensions: 18x8
Property
Details
- Parcel number: 491007112260000101
- Horse amenities: None
Features
- Levels: Three Or More
Lot
- Lot size: 3,920 sqft
Parking
- Total spaces: 2
- Parking features: Detached
- 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 | $3,590 | $43,080 |
| Home Insurance * | $523 | $6,276 |
| Property Taxes | $1,431 | $17,172 |
| Electricity | $288 | $3,461 |
| Total | $5,832 | $69,984 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
Hail
WindHow 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 |
|---|---|---|
| 2026-03-02 | Listed for sale | $720,000 |
| 2025-03-25 | Listing removed | $4,000 |
| 2024-11-04 | Listed for rent | $4,000 |
| 2024-10-26 | Listing removed | $4,000 |
| 2024-07-09 | Price change | $4,000 |
| 2024-04-08 | Price change | $690,000 |
| 2024-01-26 | Price change | $5,000 |
| 2023-12-14 | Listed for rent | $6,000 |
| 2023-12-04 | Listing removed | -- |
| 2023-11-29 | Price change | $749,000 |
| 2023-09-21 | Listed for rent | $6,000 |
| 2023-08-28 | Price change | $799,000 |
| 2023-08-01 | Listed for sale | $860,000 |
| 2022-08-29 | Listing removed | -- |
| 2021-05-28 | Listed for sale | $749,999 |
| 2020-09-01 | Listing removed | $87,900 |
| 2020-05-29 | Price change | $87,900 |
| 2020-02-25 | Price change | $89,900 |
| 2020-02-06 | Listed for sale | $80,000 |
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