This fully renovated luxury duplex is a rare gem, perfectly situated between the vibrant neighborhoods of Bates-Hendricks, Fletcher Place, and Fountain Square. Ideal for a house hacker, long-term investor, or Airbnb host, this property offers exceptional versatility and value. Each spacious unit boasts 3 large bedrooms, 2 bathrooms, and an open-concept living area that flows seamlessly into a sleek, kitchen, designed for both comfort and entertaining. Every inch of this duplex has been meticulously updated with brand-new finishes and stylish touches. Located in one of the most sought-after areas of town, it offers convenience-walk or bike to Eli Lilly, explore nearby downtown hotspots, or hop on the highway within minutes for an effortless commute. Whether you're looking to live in one unit and rent out the other or capitalize on short-term rental opportunities, this property is a true investment goldmine. With cutting-edge renovations and prime location appeal, this duplex presents a unique opportunity to combine modern living with smart financial planning. Schedule your showing today and see why this property is the perfect blend of style, location, and investment potential!
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1921
Listing Office:
Office Name: Match House Realty Group LLC
Office Email: valerie@matchhouserealty.com
Listing Agent: Valerie Vaughn
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Exterior Information:
Exterior: Lighting
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Cooling: Central Air
Other
Directions Information:
Directions: GPS Friendly
Price Information
Listing Price Info
Price Summary:
List Price: $540,000
Tax Information:
Annual Amount: $2,196
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Indianapolis, IN.
This property is $294.4K more than the Median Sold Price in Indianapolis, IN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #22006424
Listing Office:
Office Name: Match House Realty Group LLC
Office Email: valerie@matchhouserealty.com
Listing Agent: Valerie Vaughn
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
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Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.
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Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 27, 2019
Mar 27, 2019Home Sold
$136,000
Jun 09, 2004
Jun 09, 2004Home Sold
$64,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,196
$91,600
2019
$2,205
$93,000
2018
$1,852
$88,600
2017
$1,856
$82,900
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
William McKinley Elementary School 39
1733 Spann Ave
Distance between this listing and this school1.11 miles
Public District Grades PK-6
3
/10
Eleanor Skillen Elementary School 34
1410 Wade St
Distance between this listing and this school1.37 miles
Public District Grades PK-6
3
/10
Piloted Schools Bethel Park
2710 Bethel Ave
Distance between this listing and this school1.80 miles
Public Charter Grades KG-4
Nearby Schools
3
/10
James A. Garfield School 31
307 Lincoln St
Distance between this listing and this school0.55 miles
Public District Grades KG-8
3
/10
Se Neighborhood School of Excellence
1601 Barth Ave
Distance between this listing and this school0.63 miles
Public Charter Grades KG-8
4
/10
Longfellow STEM Magnet Middle School
510 Laurel St
Distance between this listing and this school0.79 miles
Public Magnet Grades 7-8
Nearby Schools
2
/10
Purdue Polytechnic High School
525 S Meridian St Ste Lla
Distance between this listing and this school0.66 miles
Public Charter Grades 9-12
4
/10
Christel House Academy South
2717 S East St
Distance between this listing and this school1.71 miles
Public Charter Grades KG-12
2
/10
Christel House Dors
2717 S East St
Distance between this listing and this school1.71 miles
The neighbors living near this home have an average income of $48,261. Most Indianapolis, IN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
This home is located at 518 Prospect St in Indianapolis, IN and zip code 46203 in the Near Southside neighborhood. This home, which was built in 1921, sits on a 0.07 acre lot. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $540,000.
While more than 170 listings in Indianapolis, IN in October 2024 were sold above asking price, there were more than 256 listings sold at asking price, and more than 519 were sold below. The number of listings in Indianapolis, IN increased by 3.7% between September 2024 and October 2024. In October 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $245,515.
From Rocket Homes Real Estate and based on county public records data.