203 S Arsenal Ave Indianapolis, IN 46201
Fountain Square NeighborhoodEstimated payment $2,064/month
Highlights
- New Construction
- Midcentury Modern Architecture
- No HOA
- Downtown View
- Cathedral Ceiling
- Covered Patio or Porch
About This Home
Experience the best of downtown Indianapolis living in this brand-new 3 bedroom, 3.5 bathroom home designed with today's modern buyer in mind. Every detail blends style, comfort, and functionality. Step inside to a bright, open floor plan anchored by a chef-inspired kitchen featuring ceramic tile floors, quartz countertops, and sleek cabinetry-perfect for entertaining or quiet evenings at home. Each of the 3.5 baths is designed like a spa retreat with ceramic tile walk-in showers enclosed by glass doors. The master suite is a true sanctuary: double vanity sinks, a relaxing tub/shower combo, and an additional walk-in glass shower for a luxury hotel-like experience. At nearly 2,000 sq. ft., this home offers space for hosting, working from home, or simply enjoying the ease of new construction with modern systems, low maintenance, and energy efficiency. The layout provides privacy for each bedroom, making it ideal for families, professionals, or guests. Located in the heart of downtown, you'll love being minutes from Mass Ave dining, Bottleworks District entertainment, and all the cultural amenities Indy has to offer. Whether you're seeking your first luxury home or an investment that builds equity from day one, this property offers it all. Don't wait-schedule your showing today. Why Buyers Will Love It: Brand-new construction = modern comfort + low maintenance Luxury finishes throughout: quartz, ceramic tile, glass showers, double vanity Spacious master suite with dual bathing options Walkable downtown location near Indy's hottest districts Strong comps Priced to deliver both lifestyle and equity potential
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $237
Year Built
- Built in 2025 | New Construction
Parking
- 2 Car Detached Garage
Home Design
- Midcentury Modern Architecture
- Block Foundation
- Cement Siding
Interior Spaces
- 2-Story Property
- Wired For Data
- Cathedral Ceiling
- Electric Fireplace
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Downtown Views
- Laundry Room
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Cooktop
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Ceramic Tile
- Vinyl Plank
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
Home Security
- Smart Thermostat
- Fire and Smoke Detector
Schools
- Theodore Potter School 74 Elementary School
- Arsenal Technical High School
Utilities
- Central Air
- High Efficiency Heating System
- Gas Water Heater
- High Speed Internet
Additional Features
- Covered Patio or Porch
- 3,615 Sq Ft Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 491007177069000101
- Assessor Parcel Number 491007177069000101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $139 | $5,000 | $5,000 | -- |
| 2023 | $139 | $5,000 | $5,000 | $0 |
| 2022 | $139 | $5,000 | $5,000 | $0 |
| 2021 | $148 | $5,000 | $5,000 | $0 |
| 2020 | $148 | $5,000 | $5,000 | $0 |
| 2019 | $54 | $2,300 | $2,300 | $0 |
| 2018 | $55 | $2,300 | $2,300 | $0 |
| 2017 | $49 | $2,300 | $2,300 | $0 |
| 2016 | $48 | $2,300 | $2,300 | $0 |
| 2014 | $50 | $2,300 | $2,300 | $0 |
| 2013 | $52 | $2,300 | $2,300 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/16/2025 12/16/25 | Price Changed | $389,000 | -2.5% | $199 / Sq Ft | |
| 11/19/2025 11/19/25 | Price Changed | $399,000 | -3.9% | $205 / Sq Ft | |
| 09/16/2025 09/16/25 | For Sale | $415,000 | +820.2% | $213 / Sq Ft | |
| 02/07/2025 02/07/25 | Sold | $45,100 | +2254900.0% | -- | View Prior Sale |
| 01/10/2025 01/10/25 | Price Changed | $2 | +100.0% | -- | |
| 01/09/2025 01/09/25 | Pending | -- | -- | -- | |
| 12/05/2024 12/05/24 | For Sale | $1 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | -- | None Listed On Document |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22060336
APN: 49-10-07-177-069.000-101
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