For SaleOpen HouseOpen House
705 Prospect St
Indianapolis, IN, 46203 • Near Southside • Marion County
$600,000
$196/sqft
Down payment assistance available
4Beds
4Baths
3,054Sqft
0.08 acLot
2020Built
Property DNA
Contemporary Style
Built 2020 · 6 years of history
No Subdivision
Near Southside
Outdoor Living
Covered · Deck
2-Car Garage
Detached
Premium Finishes
Hardwood Floors · Walk-In Closet(s)
Hardwood Floors
Quality flooring throughout
Just Listed
Listed Apr 8, 2026
Popular listing
131 views · 11 saves
Market activity
Demand and pricing signals for this listing
131 views
People checking out this listing
11 saves
Buyers have saved this home
$196/sqft
Price per square foot
About this home
Single Family · Built 2020
This is what "close to everything" actually looks like. Built in 2020, this 4 bed, 3.5 bath home offers over 3000 sq ft with a modern open main level and a kitchen designed for everyday living, complete with quartz countertops, a large island, and a pantry to write home about! The primary suite feels like a reset at the end of the day with a large walk in closet, bathroom with double vanity, private commode closet, and walk-in rain shower and soaking tub "wet room". And the outdoor space? Fully fenced with a deck, patio, and balcony, so you can choose your spot depending on the mood (or the weather). And those skyline views! Home is also equipped with an EV charger, owned solar panels, and (unique to downtown!) a well, in addition to city water. All electric with solar, utility bills are at an all time low. Royal spa hot tub included! If you've been waiting for newer construction near downtown with space to spread out, this is it. City access, outdoor space, and newer construction all in one. Walkable to Fountain Square, Eli Lilly, and only 1 mile from Lucas Oil Stadium all while being just one block off the interstate for drivability anywhere inside or outside the city. This home is your perfect match!
Standout features identified
Our analysis highlights quartz countertops, modern open main level, and skyline views as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,913/month
Principal & Interest$3,113
Property Tax$600
Insurance$200
Down payment20% ($120,000)
3%50%
Est. 6.75% rate · 30yr fixed · $480,000 loan
Full calculator →Virtual Tour
Open in new tab ↗Loading virtual tour…
At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built2020
HeatingHeat Pump, Electric
CoolingCentral Air, Heat Pump
Parking2 Garage spaces
Lot3,484 sqft
Days on Zillow0
Price/sqft$196
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleContemporary
Year built2020
Stories2
Systems
HeatingHeat Pump, Electric
CoolingCentral Air, Heat Pump
ConstructionWood Siding
Water / SewerWell, Public
Parking & Outdoor
ParkingDetached
Garage2 spaces
BasementCeiling - 9+ feet,Finished Ceiling,Egress Window(s)
FencingFenced,Fence Complete,Privacy
Lot3,484 sqft
Location & Tax
NeighborhoodNear Southside
Annual tax$6,534
Parcel491112101086002101
Bathrooms & Fees
Full baths3
Features & details
12 categories of property features
Interior Features
Interior
High Ceilings
Kitchen Island
Entrance Foyer
Hardwood Floors
Eat-in Kitchen
Pantry
Smart Thermostat
Walk-In Closet(s)
Appliances
Dishwasher
Dryer
Electric Water Heater
Disposal
Microwave
Electric Oven
Range Hood
Refrigerator
Bar Fridge
Washer
Water Softener Owned
Flooring
Hardwood
Heating
Heat Pump
Electric
Cooling
Central Air
Heat Pump
Laundry
Upper Level
Exterior Features
Exterior
Balcony
Lighting
Smart Lock(s)
Parking
Detached
Construction
Wood Siding
Patio & Porch
Covered
Deck
Security
Security System Owned
Other Equipment
Radon System
Room details
7 rooms detailed
Master Bedroom
Upper14×14 ft196 sqft
Bedroom2
Upper12×11 ft132 sqft
Bedroom3
Upper12×11 ft132 sqft
Bedroom4
Basement12×12 ft144 sqft
Dining Room
Main14×14 ft196 sqft
Kitchen
Main16×14 ft224 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Tax rate0.96%
Price/sqft$196
On marketApr 8, 2026
PostedApr 8, 2026
MLS statusActive
MLS updatedApr 8, 2026
Tour days9
Views131
Favorites11
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46203
Price history
4 events
DateEventPrice$/sqftSource
Apr 8, 2026Listed For Sale$600,000$196MIBOR as distributed by MLS GRID
May 27, 2020Listing Removed$450,000$147MIBOR REALTOR Association
Apr 9, 2020Pending Sale$450,000$147MIBOR REALTOR Association
Apr 9, 2020Listed For Sale$450,000$147MIBOR REALTOR Association
Listed For Sale$600,000
Apr 8, 2026•$196/sqft•MIBOR as distributed by MLS GRID
Listing Removed$450,000
May 27, 2020•$147/sqft•MIBOR REALTOR Association
Pending Sale$450,000
Apr 9, 2020•$147/sqft•MIBOR REALTOR Association
Listed For Sale$450,000
Apr 9, 2020•$147/sqft•MIBOR REALTOR Association
Tax history
16 years of records
YearTax paidAssessed value
Apr 8, 2024$6,477$539,000
Apr 8, 2023$6,289$538,300
Apr 8, 2022$5,289$518,800
Apr 8, 2021$847$449,200
Apr 8, 2020—$28,600
Apr 8, 2019$229$9,600
Apr 8, 2018$204$9,600
Apr 8, 2017$199$9,600
Apr 8, 2016$211$9,600
Apr 8, 2014$208$9,600
Apr 8, 2013$215$9,600
Apr 8, 2012$215$9,600
Apr 8, 2011—$5,200
Apr 8, 2010$108$5,200
Apr 8, 2009$111$5,200
Apr 8, 2007—$5,200
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-08 12:53:07 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
No obligation · Same-day response