Sold176d on market
1651 Spann Ave
Indianapolis, IN, 46203 • Fountain Square • Marion County
$660,000
2Beds
2Baths
0.09 acLot
2025Built
Property DNA
Neighborhood Views
Neighborhood
Spann & Cos 2nd Woodlawn Add
Fountain Square
Guest House
Guest House
Market activity
Demand and pricing signals for this listing
31 views
People checking out this listing
176 days on market
Established listing
About this home
Multi Family · Built 2025
Incredible House Hack Opportunity - Fully Renovated 3-Unit Property! Live in style while generating rental income from two additional units! This beautifully updated property features a total of three separate living spaces: Main House: 2-bedroom, 2.5-bath with high-end finishes throughout. Enjoy a stunning quartz kitchen, top-of-the-line appliances, and a spa-like retreat in the primary bedroom. Every detail has been thoughtfully upgraded to combine luxury and comfort. Basement Unit: Private and income-producing. Ideal for long-term tenants or extended stay guests. Detached Carriage House: Fully equipped and ready for rental. Perfect for Airbnb, guest housing, or traditional leasing. This is a turnkey solution for house hackers, investors, or multi-generational living. Live in the main home and let the other two units cover your mortgage-or rent all three for strong cash flow. Don't miss this unique blend of luxury and investment potential!
Standout features identified
Our analysis highlights stunning quartz kitchen, high-end finishes, and top-of-the-line appliances as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,305/month
Principal & Interest$3,425
Property Tax$660
Insurance$220
Down payment20% ($132,000)
3%50%
Est. 6.75% rate · 30yr fixed · $528,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Triplex
Year Built2025
ParkingAttached Garage
Property
Home typeMulti Family
Sub-typeMulti Family, Triplex
ConditionNew Construction
Year built2025
Stories2
Parking & Outdoor
ParkingAttached
BasementInterior Entry,Finished
FencingFenced,Front Yard
Lot3,920 sqft
Location & Tax
NeighborhoodFountain Square
Annual tax$904
Parcel491007112337008101
Features & details
4 categories of property features
Interior Features
Laundry
Laundry Closet
Laundry Room
Exterior Features
Parking
Attached
Views
Neighborhood
Other Structures
Guest House
Listing insights
Market data and value estimates
StatusSold
Days on market176
Est. value$666,800
Est. rent$1,861/mo
Tax rate0.96%
On marketJul 9, 2025
PostedJul 9, 2025
Last sold$660,000
MLS statusSold
MLS updatedOct 22, 2025
Tour days6
Views31
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46203
Price history
4 events
DateEventPrice$/sqftSource
Oct 20, 2025Sold$660,000—MIBOR as distributed by MLS GRID
Jul 30, 2025Pending Sale$675,000—MIBOR as distributed by MLS GRID
Jul 9, 2025Listed For Sale$675,000—MIBOR as distributed by MLS GRID
Apr 16, 2021Sold$55,000—Public Record
Sold$660,000
Oct 20, 2025•MIBOR as distributed by MLS GRID
Pending Sale$675,000
Jul 30, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$675,000
Jul 9, 2025•MIBOR as distributed by MLS GRID
Sold$55,000
Apr 16, 2021•Public Record
Tax history
4 years of records
YearTax paidAssessed value
Apr 15, 2024$1,062$38,300
Apr 15, 2023$904$38,300
Apr 15, 2022$884$38,300
Apr 15, 2021—$38,300
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
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Based on information submitted to the MLS GRID as of 2026-04-14 20:57:52 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)
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