$440,000
NEW CONSTRUCTION

Estimated payment $2,867/month

Total Views 737
5 Beds
1 Bath
-- Sq Ft
-- Price per Sq Ft

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!

Listing Agent

Sarah Hubley

Mike Thomas Associates License #RB20001784 Listed on: 07/23/2025

Mike Thomas Associates

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,184

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2020
  • Lot Size Acres: 0.13
  • On Market Date: 2025-07-23
  • Structure Type: Duplex
  • Subdivision Name: J M Ridenours 2nd Add
  • Transaction Type: Sale
  • Website: https://peregrineone.hd.pics/1603-E-Market-St
  • Conversion: No
  • Price Unit: 220000
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Egress Window(s), Finished, Walk-Out Access
  • Levels: Two
  • Total Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Cement Siding
  • Foundation Details: Concrete Perimeter
  • List Price: 440000
  • Property Condition: New Construction, Updated/Remodeled
  • View Y N: No
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Unit Parking: 2 Car Garage

Utilities

  • Cooling: Central Air
  • Laundry Features: Laundry Room, In Basement
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 5576
  • Parcel Number: 491006182032000101
  • Acres: <1/4 Acre
  • Price Acre: 3384615

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5184
  • Tax Lot: 14
  • Semi Annual Property Tax Amt: 2592
  • Tax Exemption: Homestead Tax Exemption

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: MIBOR Broker Listing Cooperative®

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22052541

MIBOR Broker Listing Cooperative®