Newer built homes at this price point are a rarity in Fountain Square, and this property stands out by offering modern construction in one of Indianapolis' most desirable neighborhoods. The 2009 build delivers peace of mind through contemporary systems and a practical, efficient layout that supports a variety of living arrangements, from home offices to guest space or everyday flexibility. The interior flows comfortably between living, dining, and kitchen areas, creating a home that feels both functional and approachable. Outdoor space is private and usable, with the added benefit of off-street parking-an increasingly valuable feature in this area. Located just minutes from Fountain Square's restaurants, arts, and entertainment scene, as well as quick access to downtown, this home presents a unique opportunity to secure a newer-build property at an accessible price point without compromising on location or livability.
Sold
$235,000
1502 Spann Ave, Indianapolis, IN 46203
4beds
1,288sqft
Residential, Single Family Residence
Built in 2009
4,356 Square Feet Lot
$236,700 Zestimate®
$182/sqft
$1,959 Estimated rent
Home value
$236,700
$222,000 - $251,000
$1,959/mo
Zestimate® history
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$1,545/mo
Est. payment
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$1,545/mo
Est. payment
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Off-street parkingContemporary systemsPractical efficient layout
Zillow last checked:
Listing updated:
Listing Provided by:
Connor Jones 317-654-2593,
Mark Dietel Realty, LLC
Bought with:
Jan Brown
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22077963
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Bedroom 2
- Level: Main
- Area: 126 Square Feet
- Dimensions: 14x9
Bedroom 3
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 4
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Living room
- Level: Main
- Area: 160 Square Feet
- Dimensions: 10x16
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Tankless Water Heater
- Laundry: Laundry Room, Main Level
Features
- Attic Access, Ceiling Fan(s), High Speed Internet, Eat-in Kitchen, Walk-In Closet(s)
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 1,288
- Total interior livable area: 1,288 sqft
Property
Parking
- Parking features: Alley Access, Gravel
- Details: Garage Parking Other(Guest Street Parking)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Lighting
- Fencing: Fenced,Chain Link,Fence Complete,Full,Privacy,Gate
- Has view: Yes
- View description: City, Downtown, Neighborhood
Lot
- Size: 4,356 sqft
- Features: City Lot, Corner Lot, Curbs, Sidewalks
Details
- Additional structures: Storage
- Parcel number: 491007112255000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 2009
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Fountain Square
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Sold | $235,000-5%$182/sqft |
Source:  MIBOR as distributed by MLS GRID #22077963 Report a problem | ||
| 3/9/2026 | Pending sale | $247,250$192/sqft |
Source: MIBOR as distributed by MLS GRID #22077963 Report a problem | ||
| 2/26/2026 | Price change | $247,250-0.1%$192/sqft |
Source: MIBOR as distributed by MLS GRID #22077963 Report a problem | ||
| 2/3/2026 | Price change | $247,500-1%$192/sqft |
Source: MIBOR as distributed by MLS GRID #22077963 Report a problem | ||
| 1/10/2026 | Price change | $250,000-3.8%$194/sqft |
Source: MIBOR as distributed by MLS GRID #22077963 Report a problem | ||
| 12/31/2025 | Listed for sale | $260,000+209.5%$202/sqft |
Source: MIBOR as distributed by MLS GRID #22077963 Report a problem | ||
| 11/19/2009 | Sold | $84,000+16973.2%$65/sqft |
Source: Public Record Report a problem | ||
| 6/6/2008 | Sold | $492 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,131 +2.6% | $181,200 -0.4% |
| 2024 | $2,077 +96.3% | $181,900 +2% |
| 2023 | $1,058 +2.7% | $178,400 +63.5% |
| 2022 | $1,030 +12.2% | $109,100 +4.9% |
| 2021 | $918 -45.3% | $104,000 +5.8% |
| 2020 | $1,676 +8.5% | $98,300 -32.3% |
| 2019 | $1,545 +13.4% | $145,200 +8.7% |
| 2018 | $1,362 +13.2% | $133,600 +5.4% |
| 2017 | $1,203 +0.8% | $126,800 +7% |
| 2016 | $1,193 +24.2% | $118,500 +15.9% |
| 2014 | $960 +1.2% | $102,200 +11.5% |
| 2013 | $949 | $91,700 -3.5% |
| 2012 | $949 | $95,000 +15.9% |
| 2011 | -- | $82,000 |
| 2010 | $1,705 +1532.5% | $82,000 +1573.5% |
| 2009 | $104 | $4,900 |
| 2007 | -- | $4,900 |
Find assessor info on the county website
Neighborhood: Fountain Square
Nearby schools
GreatSchools rating
- 6/10William McKinley School 39Grades: PK-5Distance: 0.2 mi
- 5/10HW Longfellow Med/STEM Magnet MidlGrades: 6-8Distance: 0.2 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: William McKinley School 39
- Middle: HW Longfellow Med/STEM Magnet Midl
- High: Arsenal Technical High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$236,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$236,700
- Indiana
- Marion County
- Indianapolis
- 46203
- Fountain Square
- 1502 Spann Ave
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