1518 Spruce St, Indianapolis, IN 46203
What's special
Modern design and flexible living space come together at 1518 Spruce Street - a 4-bed/2.5-bath new construction masterpiece located just moments from the Pleasant Run Trail and Fountain Square. Thoughtfully crafted with over 2,200 sq. ft. of living space, this contemporary home offers the finishes, layout, and move-in-ready convenience today's buyers want. From the moment you arrive, the home immediately stands out with its covered front porch and second-story walk-out balcony that creates the perfect place to relax or entertain. Inside, the open-concept layout is filled with natural light from oversized windows and features durable LVP flooring throughout. The main floor is anchored by an expansive great room that flows seamlessly into the kitchen, which serves as the true centerpiece of the home. Granite countertops with a waterfall edge, warm tan cabinetry, and sleek black appliances including a gas range provide the perfect setup for everyday living or hosting guests. The modern color palette and clean finishes continue into the expansive first-floor primary suite, complete with a large walk-in closet, double vanity, and striking black tile that extends into the oversized shower. Upstairs, you'll find three additional bedrooms along with a versatile loft entertainment space that works perfectly as a second living area, office, or media room. Step outside to enjoy the large concrete patio and fully fenced backyard with wood privacy fencing - ideal for grilling, gathering with friends, or enjoying quiet evenings outdoors. A two-car garage off the alley adds storage and functionality, with additional dedicated parking space available. With its aesthetic, layout, and prime location, this home also presents an excellent opportunity as an Airbnb or short-term rental. To add even more value, the seller is offering a one-year home warranty. Experience this modern new construction home in person - schedule your showing today!
- 160 days
- 376
- 41
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Ryan Nelson ryan@crestpointindy.com,
CrestPoint Real Estate
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 2
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 3
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 4
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Dining room
- Level: Main
- Area: 70 Square Feet
- Dimensions: 10x7
Great room
- Level: Main
- Area: 306 Square Feet
- Dimensions: 18x17
Kitchen
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Loft
- Level: Upper
- Area: 210 Square Feet
- Dimensions: 15x14
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Disposal, Gas Oven, Range Hood, Refrigerator
- Laundry: Connections All, Laundry Closet
Features
- Attic Access, Double Vanity, Breakfast Bar, High Ceilings, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Pantry, Smart Thermostat, Walk-In Closet(s)
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 2,274
- Total interior livable area: 2,274 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Alley Access, Detached, Guest, Garage Faces Rear
- Garage spaces: 2
- Details: Garage Parking Other(Garage Door Opener, Guest Street Parking)
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Patio
- Exterior features: Balcony, Lighting
- Fencing: Fenced,Fence Complete,Privacy,Gate,Wrought Iron
Lot
- Size: 5,662 Square Feet
- Features: Access, City Lot, Curbs, Sidewalks
Details
- Parcel number: 491018227002000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Block
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Details
- Builder name: Homeowner
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $6,800
- Annual tax amount: $160
- Date on market: 5/6/2026
- Cumulative days on market: 161 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Pending sale | $384,900$169/sqft |
Source:  MIBOR as distributed by MLS GRID #22096682 Report a problem | ||
| 9/24/2026 | Price change | $384,900-3.8%$169/sqft |
Source: MIBOR as distributed by MLS GRID #22096682 Report a problem | ||
| 9/10/2026 | Price change | $399,900-1.2%$176/sqft |
Source: MIBOR as distributed by MLS GRID #22096682 Report a problem | ||
| 8/14/2026 | Price change | $404,900-2.4%$178/sqft |
Source: MIBOR as distributed by MLS GRID #22096682 Report a problem | ||
| 6/17/2026 | Price change | $414,900-2.4%$182/sqft |
Source: MIBOR as distributed by MLS GRID #22096682 Report a problem | ||
| 5/6/2026 | Listed for sale | $424,900$187/sqft |
Source: MIBOR as distributed by MLS GRID #22096682 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $161 -14.5% | $6,800 |
| 2024 | $189 -0.2% | $6,800 |
| 2023 | $189 -6.3% | $6,800 |
| 2022 | $202 +0.2% | $6,800 |
| 2021 | $201 +204.7% | $6,800 |
| 2020 | $66 -0.9% | $6,800 +142.9% |
| 2019 | $67 +12.2% | $2,800 |
| 2018 | $59 +2.2% | $2,800 |
| 2017 | $58 -5.6% | $2,800 |
| 2016 | $62 +1.9% | $2,800 |
| 2014 | $61 -3.6% | $2,800 |
| 2013 | $63 | $2,800 |
| 2012 | $63 | $2,800 -28.2% |
| 2011 | -- | $3,900 |
| 2010 | $81 -2.5% | $3,900 |
| 2009 | $83 | $3,900 |
| 2007 | -- | $3,900 |
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.