2049 N Alabama St Indianapolis, IN 46202
Near Northside NeighborhoodEstimated payment $6,687/month
Total Views
356
5
Beds
3.5
Baths
5,486
Sq Ft
$201
Price per Sq Ft
Highlights
- Guest House
- Victorian Architecture
- Formal Dining Room
- Wood Flooring
- No HOA
- 3-minute walk to Herron-Morton Place Historic Park
About This Home
Welcome to an extraordinary residence that embodies timeless elegance and modern luxury, nestled in the coveted Herron-Morton neighborhood just minutes from downtown Indianapolis. This distinguished Victorian masterpiece-lovingly preserved and masterfully reimagined-has been meticulously renovated down to the studs with the most discerning buyer in mind. Beyond its stately facade, original architectural details dating back over 125 years-including a rich cedar shake roof, authentic wood siding, and an expansive, gracious front porch-offer a nod to the home's storied past. Step inside and be enveloped by sophistication. A flowing open-concept layout is anchored by gleaming new hardwood floors and punctuated by refined living spaces. The formal dining room sets the stage for both intimate dinners and grand soirees, while the expansive family room transitions seamlessly into a chef's dream kitchen-featuring top-of-the-line KitchenAid appliances, a quartz-clad center island with breakfast bar, farmhouse sink, and bespoke cabinetry designed for both form and function. Thoughtfully designed for modern living, the rear mudroom is a dream of organization with custom built-ins and storage galore. Ascend to the second level to discover a serene primary suite complete with a spa-caliber bath, soaking garden tub, oversized shower, walk-in closet, and tranquil bedroom retreat. This level also boasts three additional spacious bedrooms, a second full bath, convenient laundry area, and a private exercise studio. The finished third level offers remarkable flexibility-perfect as an in-law suite, private guest quarters, or luxe bonus space. Complete with a full kitchen, bedroom, bath, and living area, it offers self-sufficient comfort with impeccable style. A rare four-car garage is topped with a fully finished carriage house. Ideal for guests, multi-generational living, or income property. This is not just a home-it's an heirloom.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,320
Year Built
- Built in 1880 | Remodeled
Parking
- 4 Car Detached Garage
- Alley Access
- Garage Door Opener
Home Design
- Victorian Architecture
Interior Spaces
- 3-Story Property
- Woodwork
- Electric Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Formal Dining Room
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Range Hood
- Microwave
- Dishwasher
- Wine Cooler
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry on upper level
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Water Heater
Additional Features
- Screened Patio
- 6,098 Sq Ft Lot
- Guest House
Community Details
- No Home Owners Association
- Herron Morton Subdivision
Listing and Financial Details
- Assessor Parcel Number 490636219094000101
Map
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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 | $8,639 | $603,800 | $181,000 | $422,800 |
| 2023 | $8,639 | $618,200 | $181,000 | $437,200 |
| 2022 | $7,815 | $598,600 | $181,000 | $417,600 |
| 2021 | $6,896 | $490,100 | $80,800 | $409,300 |
| 2020 | $6,902 | $491,400 | $80,800 | $410,600 |
| 2019 | $6,664 | $465,700 | $80,800 | $384,900 |
| 2018 | $6,228 | $383,700 | $80,800 | $302,900 |
| 2017 | $5,094 | $353,500 | $80,800 | $272,700 |
| 2016 | $4,641 | $332,000 | $80,800 | $251,200 |
| 2014 | $4,554 | $310,200 | $80,800 | $229,400 |
| 2013 | $4,490 | $305,000 | $80,800 | $224,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | For Sale | $1,100,000 | +45.7% | $201 / Sq Ft |
| 05/20/2021 05/20/21 | Sold | $755,000 | -4.3% | $125 / Sq Ft |
| 04/19/2021 04/19/21 | Pending | -- | -- | -- |
| 04/15/2021 04/15/21 | For Sale | $789,000 | 0.0% | $131 / Sq Ft |
| 01/16/2013 01/16/13 | Rented | $875 | -23.9% | -- |
| 01/05/2013 01/05/13 | Under Contract | -- | -- | -- |
| 09/26/2012 09/26/12 | For Rent | $1,150 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $755,000 | Enterprise Title | |
| Interfamily Deed Transfer | -- | Nations Title Agency Of Mi |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | Credit Line Revolving | |
| Open | $658,400 | New Conventional | |
| Closed | $133,000 | New Conventional | |
| Closed | $548,250 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $170,650 | New Conventional |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22057313
APN: 49-06-36-219-094.000-101
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Based on information submitted to the MLS GRID. 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.
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