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Open: Sun 2pm-4pm
ActivePrice cut: $10K (8/14)
$404,900
4beds
2,274sqft

1518 Spruce St, Indianapolis, IN 46203

4beds
2,274sqft
Residential, single family residence
Built in 2026
5,662 sqft
2 Garage spaces
$178 price/sqft

What's special

Expansive great roomExpansive first-floor primary suiteCovered front porchDouble vanityVersatile loft entertainment spaceOpen-concept layoutWarm tan cabinetry

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!

114 days
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646
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66
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Source: MIBOR as distributed by MLS GRID,MLS#: 22096682MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Ryan Nelson 701-238-6061,

CrestPoint Real Estate

Source: MIBOR as distributed by MLS GRID,MLS#: 22096682MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1
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
Other
  • Level: Main
  • Area: 182 Square Feet
  • Dimensions: 14x13
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

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: $178/sqft
  • Tax assessed value: $6,800
  • Annual tax amount: $160
  • Date on market: 5/6/2026
  • Cumulative days on market: 116 days
  • Electric utility on property: Yes

Price history

DateEventPrice
8/14/2026Price change$404,900-2.4%$178/sqft
Source: MIBOR as distributed by MLS GRID #22096682 Report a problem
6/17/2026Price change$414,900-2.4%$182/sqft
Source: MIBOR as distributed by MLS GRID #22096682 Report a problem
5/6/2026Listed for sale$424,900$187/sqft
Source: MIBOR as distributed by MLS GRID #22096682 Report a problem

Public tax history

YearProperty taxesTax 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

Find assessor info on the county website

Monthly payment

Est. payment
$2,402/mo
Principal & interest
$2078
Property taxes
$324
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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®️.

Neighborhood: Near Southeast

Nearby schools

Frederick Douglass School 19
Grades PK-50.6 miles
2/10
GreatSchools® Rating
Test Score Rating
1/10
Academic Progress Rating
3/10
Edison School of the Arts 47
Grades K-82.3 miles
4/10
GreatSchools® Rating
Test Score Rating
2/10
Academic Progress Rating
5/10
Arsenal Technical High School
Grades 9-122 miles
2/10
GreatSchools® Rating
College Readiness Rating
2/10

Open house

  • Sun, Aug 30

    2:00 PM - 4:00 PM

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