Live in luxury on the highly coveted esplanade of New Jersey Street in Herron-Morton Place. This exceptional property offers a rare, flexible layout perfect for an owner-occupant seeking a premium downtown lifestyle with built-in financial advantages. The main residence spans the entire second and third floors. Envisioned by the acclaimed Trade Design Studio, this historic gem was completely gutted and masterfully rebuilt from the studs up in 2021. The upper home features 4 spacious bedrooms and 3 pristine bathrooms, showcasing thoughtful architectural design, high-end finishes, and effortless modern livability. While you enjoy the top-tier finishes of the upper levels, the fully independent 3-bedroom, 2-bathroom first-floor unit serves as a powerful income generator. This setup is ideal for long-term tenants, house-hacking, or multi-generational living.
30 days
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573
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35
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Zillow last checked:
Listing updated:
Listed by:
Mark Nottingham317-625-5592,
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22109878
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 5
Main level bathrooms: 7
Heating
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Laundry: Upper Level
Features
Basement: Exterior Entry,Unfinished
Property
Parking
Total spaces: 4
Parking features: Detached
Garage spaces: 4
Details: Unit Parking(2 Car Garage)
Features
Levels: Three Or More
Exterior features: Smart Lock(s)
Fencing: Fenced,Full,Privacy
Lot
Size: 6,098 Square Feet
Features: Curbs, Sidewalks, Mature Trees
Details
Parcel number: 490636219156000101
Special conditions: Broker Owned,Historic District
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family, Duplex
Attached to another structure: Yes
Materials
Wood Siding
Foundation: Brick/Mortar
Condition
New construction: No
Year built: 1901
Community & HOA
Community
Subdivision: Morton Place
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $542,700
Annual tax amount: $12,900
Date on market: 6/25/2026
Cumulative days on market: 32 days
Tenant pays: Cable TV, Electricity, Gas, Sewer, Trash Collection, Water
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/15/2026
Pending sale
$725,000
Source: MIBOR as distributed by MLS GRID #22109878Report a problem
6/25/2026
Listed for sale
$725,000+141.7%
Source: MIBOR as distributed by MLS GRID #22109878Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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