Welcome to the historic Kynett Building, a downtown statement just one block from Mass Ave. With only three residences in the entire building and just two available, this is urban living at a level you rarely see in Indianapolis. This custom built and thoughtfully designed Chatham Arch townhome has just received its finishing touches and offers over 4,000 square feet of refined, livable luxury with three bedrooms, three full baths, and two half baths. Every detail is elevated, from designer selected finishes to top tier appliances, and a functional service bar that is already in place and ready for entertaining. Take the party upstairs to the rooftop deck using your private elevator where skyline views set the scene for sunset dinners, celebrations, and quiet nights above the city. Downstairs, the lower level offers added flexibility for a guest suite style retreat or separate living area with a small kitchenette. Rare, polished, and unmistakably downtown, this is Indianapolis luxury at its most exclusive.
Active
$1,200,000
723 N Cleveland St, Indianapolis, IN 46202
3beds
4,155sqft
Residential, Townhouse
Built in 2007
-- sqft lot
$-- Zestimate®
$289/sqft
$300/mo HOA
What's special
Three bedroomsDesigner selected finishesPrivate elevatorTop tier appliances
- 203 days |
- 350 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Mark Branch 317-403-4397,
Highgarden Real Estate,
Carly Jones,
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22077109
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
- Area: 165 Square Feet
- Dimensions: 15x11
Primary bedroom
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 15x8
Bedroom 3
- Level: Main
- Area: 180 Square Feet
- Dimensions: 10x18
Kitchen
- Level: Upper
- Area: 288 Square Feet
- Dimensions: 24x12
Living room
- Level: Upper
- Area: 315 Square Feet
- Dimensions: 35x9
Play room
- Level: Main
- Area: 360 Square Feet
- Dimensions: 20x18
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Washer, Water Heater, Wine Cooler
Features
- Elevator, Walk-In Closet(s)
- Windows: Wood Work Painted
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 4,155
- Total interior livable area: 4,155 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Patio & porch: Rooftop
Details
- Parcel number: 491101168007005101
- Horse amenities: None
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Residential, Townhouse
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Block, Brick/Mortar
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Chatham Kynett Court
HOA
- Has HOA: Yes
- Amenities included: Insurance, Maintenance, Snow Removal, Trash
- Services included: Sewer, Entrance Common, Insurance, Lawncare, Maintenance Structure, Maintenance, Snow Removal, Trash
- HOA fee: $300 monthly
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $289/sqft
- Tax assessed value: $1,139,400
- Annual tax amount: $43,626
- Date on market: 12/17/2025
- Cumulative days on market: 205 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Price change | $1,200,000-7.7%$289/sqft |
Source:  MIBOR as distributed by MLS GRID #22077109 Report a problem | ||
| 12/17/2025 | Listed for sale | $1,299,999-6.5%$313/sqft |
Source: MIBOR as distributed by MLS GRID #22077109 Report a problem | ||
| 6/18/2025 | Listing removed | $1,389,999$335/sqft |
Source: MIBOR as distributed by MLS GRID #21963724 Report a problem | ||
| 5/20/2025 | Price change | $1,389,999-0.7%$335/sqft |
Source: MIBOR as distributed by MLS GRID #21963724 Report a problem | ||
| 4/21/2025 | Price change | $1,399,999-3.4%$337/sqft |
Source: MIBOR as distributed by MLS GRID #21963724 Report a problem | ||
| 2/7/2025 | Price change | $1,449,5000%$349/sqft |
Source: MIBOR as distributed by MLS GRID #21963724 Report a problem | ||
| 11/15/2024 | Price change | $1,450,000-3.3%$349/sqft |
Source: MIBOR as distributed by MLS GRID #21963724 Report a problem | ||
| 5/21/2024 | Listed for sale | $1,500,000$361/sqft |
Source: MIBOR as distributed by MLS GRID #21963724 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,139,400 +5.8% |
| 2024 | $16,075 +1.6% | $1,076,900 +58.9% |
| 2023 | $15,819 +11.7% | $677,700 +1.1% |
| 2022 | $14,167 +2428% | $670,000 +9.1% |
| 2021 | $560 -1.1% | $614,100 +2437.6% |
| 2020 | $567 -0.1% | $24,200 +0.8% |
| 2019 | $567 -46.4% | $24,000 +0.8% |
| 2018 | $1,058 +79.2% | $23,800 +0.4% |
| 2017 | $590 +19.2% | $23,700 +4.9% |
| 2016 | $496 +3.2% | $22,600 +1.8% |
| 2014 | $480 -1.4% | $22,200 |
| 2013 | $487 | $22,200 +2.3% |
| 2012 | $487 | $21,700 +8.5% |
| 2011 | -- | $20,000 |
| 2010 | $416 -2.5% | $20,000 |
| 2009 | $426 | $20,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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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Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 7/10Center for Inquiry School 2Grades: K-5Distance: 0 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 1.8 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Marion County
- Indianapolis
- 46202
- Downtown
- 723 N Cleveland St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Indianapolis Topics
