
1603 E Market St Indianapolis, IN 46201
Holy Cross NeighborhoodEstimated payment $2,867/month
Highlights
- New Construction
- Laundry Room
- Central Air
- 2 Car Detached Garage
About This Home
*DO YOU WANT A 4% INTEREST RATE?! ASK HOW!* Gorgeous 5 bed, 3.5 bath custom home with over 2,600 sqft of living space in the heart of Holy Cross with a finished basement apartment-perfect for owner-occupants or investors! Live in the upper level while generating income from the private-entry basement apartment, ideal for Airbnb or long-term rental. Potential short-term rental income ranges from $95-$150 per night. This custom-built home offers high ceilings, an open and inviting floor plan, and a stunning kitchen with stainless steel appliances, granite countertops, and beautiful flooring throughout. The main-level primary suite features a walk-in closet and an en-suite bath with double sinks and a custom tile shower. Downstairs, the finished basement includes a separate living area with private exterior access, stackable washer and dryer, and plenty of storage-ideal for guests, tenants, or extended family. There's also a separate finished room in the basement that can be used as a gym, hobby room, extra storage, or finished to fit your needs. Additional features include low-maintenance composite siding and an oversized, stick-built detached garage. Conveniently located just minutes from Downtown Indy, with easy access to local shopping, dining, parks, and services. Don't miss this incredible opportunity to own a stylish, income-producing property in one of Indy's most vibrant neighborhoods!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,184
Year Built
- Built in 2020 | New Construction
Parking
- 2 Car Detached Garage
Home Design
- Duplex
- Cement Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 1 Bathroom
Finished Basement
- Laundry in Basement
- Basement Window Egress
Additional Features
- 5,576 Sq Ft Lot
- Central Air
Community Details
- J M Ridenours 2Nd Add Subdivision
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 491006182032000101
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/23/2025 07/23/25 | For Sale | $440,000 | +23.9% | $163 / Sq Ft |
06/24/2021 06/24/21 | Sold | $355,000 | 0.0% | $134 / Sq Ft |
06/24/2021 06/24/21 | Sold | $355,000 | -4.1% | $134 / Sq Ft |
06/07/2021 06/07/21 | Pending | -- | -- | -- |
06/07/2021 06/07/21 | Pending | -- | -- | -- |
05/13/2021 05/13/21 | For Sale | $370,000 | 0.0% | $140 / Sq Ft |
04/30/2021 04/30/21 | Price Changed | $370,000 | -1.3% | $140 / Sq Ft |
03/11/2021 03/11/21 | Price Changed | $375,000 | -5.1% | $142 / Sq Ft |
02/23/2021 02/23/21 | Price Changed | $395,000 | -1.3% | $149 / Sq Ft |
02/04/2021 02/04/21 | For Sale | $400,000 | +1233.3% | $151 / Sq Ft |
10/23/2019 10/23/19 | Sold | $30,000 | 0.0% | $11 / Sq Ft |
10/23/2019 10/23/19 | For Sale | $30,000 | -- | $11 / Sq Ft |
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