$1,999,900
OPEN SUN 1PM - 3PM NEW CONSTRUCTION

501 S East St Indianapolis, IN 46225

Fletcher Place Neighborhood

Estimated payment $11,313/month

Total Views 63,839
4 Beds
4.5 Baths
4,490 Sq Ft
$445 Price per Sq Ft

Highlights

  • New Construction
  • Contemporary Architecture
  • Engineered Wood Flooring
  • Rooftop Deck
  • Vaulted Ceiling
  • 4-minute walk to Edna Balz Lacy Park

About This Home

Exclusive luxury, Wedgwood Building Company custom home located in Fletcher Place with spectacular views of downtown skyline and Lucas Oil Stadium. This modern homes provide upscale living with urban amenities. Enjoy living on the Cultural Trail and walk to the many downtown restaurants, sporting events or across the street to the neighborhood park. This home features 4 levels with an elevator, 2 car attached garage, and rooftop terrace with 2 additional outdoor areas. The lower level has a separate residence option with private entrance, BR & BA, Kit, & Laundry, LVT flooring, and is great for in-law quarters, guests, or Airbnb. Premium finishes and automated window coverings throughout, along with Sub Zero and Wolf appliances in the sleek kitchen. 4 spacious bedrooms all with en suite BA. Smart design features, security system, retractable screens at second floor balcony, gas fireplace provision on expansive (1127sqft) rooftop with Trex decking, and 2 EV charging stations with epoxy flooring in garage! See attached plans for further detail. Home has been professionally staged and all/some furnishings could be sold with the house but is not included in the price.

Listing Agent

Tom McNulty

McNulty Real Estate Services, Brokerage Email: mcnultyre@gmail.com License #RB14030354

Co-Listing Agent

Pat McNulty

McNulty Real Estate Services, Brokerage Email: mcnultyre@gmail.com License #RB14052273

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 2,265 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Alley Access
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Wired For Sound
  • Built-in Bookshelves
  • Bar Fridge
  • Woodwork
  • Vaulted Ceiling
  • Paddle Fans
  • Fireplace With Gas Starter
  • Thermal Windows
  • Aluminum Window Frames
  • Entrance Foyer
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Electric Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • 9 Foot Basement Ceiling Height
  • Sump Pump with Backup
  • Laundry in Basement
  • Basement Storage
  • Basement Window Egress
  • Basement Lookout

Home Security

  • Smart Lights or Controls
  • Smart Locks
  • Monitored
  • Fire and Smoke Detector

Accessible Home Design

  • Accessibility Features
  • Accessible Entrance

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Programmable Thermostat
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Downeys Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 491112114011000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,700

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Builder Name: Wedgewood BC
  • Property Type: Residential
  • New Construction: Yes
  • Accessibility Features: Accessible Entrance
  • Tax Year: 2022
  • Year Built: 2024
  • Building Area Total: 4490
  • Co List Office Phone: 317-507-0688
  • Garage Y N: Yes
  • Lot Size Acres: 0.05
  • Subdivision Name: Downeys
  • Inspection Warranties: Warranty Builders
  • Transaction Type: Sale
  • Website: www.mcnultyre.com
  • Accessibility Features YN: Yes
  • MBR_AttributionContact: mcnultyre@gmail.com
  • Attribution Contact: mcnultyre@gmail.com
  • Special Features: 3

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Storage Space
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Kitchen Exhaust, Laundry Connection in Unit, Microwave, Oven, Convection Oven, Gas Oven, Refrigerator, Bar Fridge, Tankless Water Heater, Washer, Water Softener Owned, Wine Cooler
  • Levels: Three Or More
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 901
  • Fireplace Features: Gas Starter, Living Room
  • Fireplaces: 1
  • Interior Amenities: Breakfast Bar, Built In Book Shelves, Raised Ceiling(s), Center Island, Elevator, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, In-Law Arrangement, Network Ready, Pantry, Programmable Thermostat, Surround Sound Wiring, Walk-in Closet(s), Wet Bar, Window Metal, Windows Thermal, Wood Work Painted
  • Living Area: 4490
  • Main Level Bedrooms: 1
  • Other Equipment: Security Alarm Monitored, Smoke Alarm, Sump Pump w/Backup
  • Areas Interior: Bedroom Other on Main,Family Room 2nd Story,Laundry in Unit,Utility Room
  • Eating Area: Dining Combo/Family Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 901
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 2688
  • ResoLivingAreaSource: Plans
  • Rooms Basement: 3

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Exterior Features: Balcony, Smart Light(s), Smart Lock(s)
  • Foundation Details: Concrete Perimeter
  • List Price: 1999900
  • Patio And Porch Features: Covered Patio, Covered Porch, Open Patio, Rooftop
  • Property Condition: New Construction
  • Construction Stage: Completed

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Alley Access, Attached, Concrete, Electric Vehicle Service Equipment (EVSE), Garage Door Opener, Rear/Side Entry
  • Garage Parking Other: Finished Garage,Garage Door Opener,Keyless Entry
  • Garage Sq Ft: 542

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Upper Level, In Basement
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Storm Sewer, Not In Subdivision
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 2265
  • Parcel Number: 491112114011000101
  • Acres: <1/4 Acre
  • Price Acre: 39998000

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2700
  • Tax Lot: 4
  • Semi Annual Property Tax Amt: 1350
  • Tax Exemption: None

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $14,413 $704,600 $34,700 $669,900
2023 $14,413 $604,700 $34,700 $570,000
2022 $3,104 $731,400 $34,700 $696,700
2021 $2,766 $117,000 $18,700 $98,300
2020 $2,585 $108,800 $18,700 $90,100
2019 $2,574 $106,300 $18,700 $87,600
2018 $2,400 $98,100 $18,700 $79,400
2017 $2,051 $93,700 $18,700 $75,000
2016 $1,929 $89,900 $18,700 $71,200
2014 $1,998 $92,400 $18,700 $73,700
2013 $1,778 $85,500 $18,700 $66,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 For Sale $1,999,900 -- $445 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Deed History

Date Type Sale Price Title Company
Warranty Deed $535,000 First American Title Ins.
Quit Claim Deed -- None Available
Trustee Deed -- None Available
Trustee Deed -- None Available
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 21966695

MIBOR Broker Listing Cooperative®

APN: 49-11-12-114-011.000-101

Indiana Marion County Indianapolis 46203 Fletcher Place

501 S East St, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 501 S East St, Indianapolis, IN 46225 and is currently priced at $1,999,900, approximately $445 per square foot. This property was built in 2024. 501 S East St is a home located in Marion County with nearby schools including Washington Irving School 14, Arsenal Technical High School, and George Washington Community High School (9-12).

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® 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.

Tom McNulty
Listing Agent
Tom McNulty
Section Image
McNulty Real Estate Services,
(463) 263-9255