Active

$260,000

1401 S Alabama St, Indianapolis, IN 46225

3beds

2,800sqft

$1,751/mo

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Residential, Single Family Residence

Built in 2018

2,613 Square Feet Lot

$-- Zestimate^®

$93/sqft

$-- HOA

What's special

Magnificent modern architectural designSoaring tall ceilings

An extraordinary opportunity awaits at 1401 S Alabama Street in the heart of prime Indianapolis. Currently under construction, this high-end new build is framed for pure luxury living-featuring soaring tall ceilings and a magnificent, modern architectural design. A top-tier portfolio piece for seasoned development investors or custom construction gurus, the hard work of initial structure and ventilation installation is already completed. The home is being sold strictly as-is, leaving a clean, high-potential canvas ready for electrical, plumbing, insulation, drywall, and luxury finishes tailored to your exact standards. Capitalize on this rare chance to take over a masterfully planned blueprint and build high-value equity in a thriving neighborhood. Bring your vision and builder to transform this framed showcase into one of the area's premier luxury residences.

23 days
460
10

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 1

Primary bedroom

Features: Other
Level: Upper
Area: 196 Square Feet
Dimensions: 14x14

Bedroom 2

Features: Other
Level: Upper
Area: 196 Square Feet
Dimensions: 14x14

Bedroom 3

Features: Other
Level: Main
Area: 196 Square Feet
Dimensions: 14x14

Heating

None

Cooling

None

Appliances

Included: None

Features

Has basement: No

Interior area

Total structure area: 2,800
Total interior livable area: 2,800 sqft

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Features

Levels: Tri-Level

Lot

Size: 2,613 Square Feet

Details

Parcel number: 491113162069000101
Special conditions: As Is
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Residential, Single Family Residence

Materials

Cement Siding
Foundation: Block

Condition

Under Construction
New construction: No
Year built: 2018

Utilities & green energy

Water: None

Community & HOA

Community

Subdivision: Woodruff Sub Morris

HOA

Has HOA: No

Location

Region: Indianapolis

Financial & listing details

Price per square foot: $93/sqft
Tax assessed value: $523,500
Annual tax amount: $13,218
Date on market: 8/10/2026
Cumulative days on market: 26 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/10/2026	Listed for sale	$260,000+10.6%$93/sqft
Source: MIBOR as distributed by MLS GRID #22119254 Report a problem
4/21/2026	Sold	$235,000+17.5%$84/sqft
Source: MIBOR as distributed by MLS GRID #22085583 Report a problem
3/13/2026	Pending sale	$200,000$71/sqft
Source: MIBOR as distributed by MLS GRID #22085583 Report a problem
2/25/2026	Listed for sale	$200,000-55.6%$71/sqft
Source: MIBOR as distributed by MLS GRID #22085583 Report a problem
9/26/2025	Sold	$450,000+25%$161/sqft
Source: Public Record Report a problem
11/24/2021	Sold	$360,000+38.5%$129/sqft
Source: Public Record Report a problem
8/8/2018	Sold	$260,000$93/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,981 +3.9%	$523,500 +3.7%
2024	$11,535 +6.8%	$504,900 +3.8%
2023	$10,802 +10.8%	$486,300 +6.3%
2022	$9,744 +14.1%	$457,500 +8.3%
2021	$8,540 +52.3%	$422,400 +14.5%
2020	$5,609 +588.8%	$368,800 +55.2%
2019	$814 +424.9%	$237,600 +10700%
2018	$155 -94.5%	$2,200 -62.1%
2017	$2,831 +347.9%	$5,800
2016	$632 +7.9%	$5,800 -78.6%
2014	$586 +22.2%	$27,100 +2.3%
2013	$479	$26,500 -1.1%
2012	$479	$26,800 +13.1%
2011	--	$23,700
2010	$374 +5.9%	$23,700
2009	$353	$23,700 -9.5%
2007	--	$26,200 -23.6%
2006	--	$34,300 +59.5%
2005	--	$21,500