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.
Active
Price cut: $10K (5/15)
$710,000
1531 Spann Ave, Indianapolis, IN 46203
6beds
3,147sqft
Residential, Single Family Residence
Built in 2023
3,920 Square Feet Lot
$-- Zestimate®
$226/sqft
$-- HOA
What's special
Expansive great roomUnique sunroom
- 142 days |
- 234 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Olubunmi Famosinpe 317-993-9681,
My Agent
Source: MIBOR as distributed by MLS GRID,MLS#: 22085170
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 280 Square Feet
- Dimensions: 20x14
Bedroom 2
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 4
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 5
- Level: Upper
- Dimensions: 12/11
Bedroom 6
- Level: Upper
- Dimensions: 12/10
Family room
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14x13
Family room
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 12x13
Kitchen
- Level: Upper
- Area: 63 Square Feet
- Dimensions: 9x7
Office
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 18x8
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Water Heater
Features
- Kitchen Island, Entrance Foyer, Ceiling Fan(s), High Speed Internet, In-Law Floorplan, Walk-In Closet(s)
- Windows: WoodWorkStain/Painted
- Has basement: No
Interior area
- Total structure area: 3,147
- Total interior livable area: 3,147 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Three Or More
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 491007112260000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Cement Siding, Vinyl Siding, Wood Siding
- Foundation: Block
Condition
- New Construction
- New construction: Yes
- Year built: 2023
Details
- Builder name: Aso Tv C&D
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Center
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $716,200
- Annual tax amount: $17,202
- Date on market: 3/2/2026
- Cumulative days on market: 144 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Price change | $710,000-1.4%$226/sqft |
Source:  MIBOR as distributed by MLS GRID #22085170 Report a problem | ||
| 3/2/2026 | Listed for sale | $720,000+4.3%$229/sqft |
Source: MIBOR as distributed by MLS GRID #22085170 Report a problem | ||
| 3/25/2025 | Listing removed | $4,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/4/2024 | Listed for rent | $4,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/26/2024 | Listing removed | $4,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/9/2024 | Price change | $4,000-20%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/8/2024 | Price change | $690,000-7.9%$219/sqft |
Source: MIBOR as distributed by MLS GRID #21929649 Report a problem | ||
| 1/26/2024 | Price change | $5,000-16.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/14/2023 | Listed for rent | $6,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/4/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/29/2023 | Price change | $749,000-6.3%$238/sqft |
Source: MIBOR as distributed by MLS GRID #21929649 Report a problem | ||
| 9/21/2023 | Listed for rent | $6,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/28/2023 | Price change | $799,000-7.1%$254/sqft |
Source: MIBOR as distributed by MLS GRID #21929649 Report a problem | ||
| 8/1/2023 | Listed for sale | $860,000+14.7%$273/sqft |
Source: MIBOR as distributed by MLS GRID #21929649 Report a problem | ||
| 8/29/2022 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21787775 Report a problem | ||
| 5/28/2021 | Listed for sale | $749,999+753.2%$238/sqft |
Source: MIBOR as distributed by MLS GRID #21787775 Report a problem | ||
| 9/1/2020 | Listing removed | $87,900$28/sqft |
Source: MIBOR REALTOR Association #21714854 Report a problem | ||
| 5/29/2020 | Price change | $87,900-2.2%$28/sqft |
Source: MIBOR REALTOR Association #21714854 Report a problem | ||
| 2/25/2020 | Price change | $89,900+12.4%$29/sqft |
Source: MIBOR REALTOR Association #21696938 Report a problem | ||
| 2/6/2020 | Listed for sale | $80,000$25/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,202 +224.8% | $716,200 -1.2% |
| 2024 | $5,297 +0.5% | $724,900 +224.6% |
| 2023 | $5,272 +364% | $223,300 |
| 2022 | $1,136 +0.2% | $223,300 +483% |
| 2021 | $1,134 | $38,300 |
| 2020 | -- | $38,300 +1432% |
| 2019 | $60 +12.2% | $2,500 |
| 2018 | $53 +2.2% | $2,500 |
| 2017 | $52 -5.7% | $2,500 |
| 2016 | $55 +1.8% | $2,500 |
| 2014 | $54 -3.6% | $2,500 |
| 2013 | $56 | $2,500 |
| 2012 | $56 | $2,500 -53.7% |
| 2011 | -- | $5,400 |
| 2010 | $112 -2.5% | $5,400 |
| 2009 | $115 | $5,400 |
| 2007 | -- | $5,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Fountain Square
Nearby schools
GreatSchools rating
- 6/10William McKinley School 39Grades: PK-5Distance: 0.1 mi
- 5/10HW Longfellow Med/STEM Magnet MidlGrades: 6-8Distance: 0.2 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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