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$425,000

1724 Prospect St Indianapolis, IN 46203

4 beds
3 full, 1 partial
2,112 sqft
0.1 acres
$201 / sqft
House

Property details

About 1724 Prospect St

MAXIMIZE YOUR BUYING POWER with Exclusive Seller Financing! Well-qualified buyers can lock in interest rates starting at just 4.99%, based on down payment, and save up to $21,000 in closing costs. A minimum 20% down payment is required, and all buyers must be pre-approved through the seller's preferred lender. No formal underwriting, no discount points, and the ability to close in as little as 14 days. Just a 10-minute walk from Fountain Square, this stunning 4-bedroom, 3.5-bath Arts and Crafts-style home blends turn-of-the-century character with modern design. Meticulously restored and fully renovated in 2018, it's available furnished and Airbnb-ready or move-in ready for a lucky homeowner. The open-concept main level is perfect for entertaining, with bamboo flooring and a bold, contemporary staircase as a standout feature. The living area flows effortlessly into a chef-inspired kitchen, complete with granite countertops, a farmhouse sink, subway tile backsplash, and a dramatic oversized island. This home offers two luxurious primary suites, each with spa-worthy ensuite baths-one on the main level and one upstairs. The second floor also features vaulted ceilings, two additional bedrooms, and another full bath. Out back, enjoy a spacious deck overlooking a fenced yard with mature trees, creating a peaceful urban retreat. The home is energy-efficient with spray foam insulation, dual furnaces, and dual AC units, and includes an oversized two-car garage. Bonus: The property is zoned as a duplex, with potential to create an income-generating apartment or private guest space above the garage-ideal for extended family or adult children. Whether you're unwinding in the soaker tub or soaking up the culture of downtown Indy, this home delivers historic charm, modern comfort, and unmatched flexibility. Schedule your private showing today!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Electric
StatusActive
CoolingCentral Air
Size2,112 sqft
BasementYes
Lot size0.13 Acres
Year built1900
MLS #22025649

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Disposal, Microwave Hood, Electric Oven, Refrigerator, Electric Water Heater
  • Basement: Yes
  • Interior: Attic Access, High Ceilings, Vaulted Ceiling(s), Hardwood Floors, Breakfast Bar, Paddle Fan, Hi-Speed Internet Availbl
  • Total Bedroom Count: 4
  • Architectural Style: Craftsman
  • Heating: Forced Air, Electric
  • Cooling: Central Air
  • List Price: $425,000
  • Price/SqFt: $201
  • Annual Tax Amount: $9,141
  • Tax Year: 2023
  • Directions: From Center of Fountain Square go east on Prospect. One block east of State on the north side of the road.
  • Year Built: 1900
  • Living Area: 2,112 SqFt
  • Lot Size: 0.13 Acres
  • MLS Number: 22025649
  • MLS Name: MIBOR
  • Office Name: eXp Realty, LLC
  • Listing Agent: Debbie McMillan

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by 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. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 12:31:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 05, 2023
Home Sold
$390,000

Tax history

YearAssessmentProperty Tax
2023$385,400$9,141
2022$377,500$8,912
2021$344,000$7,222
2020$311,900$7,914
2019$333,200$256
2018$9,200$1,013
2017$45,600$2,540

History based on county public records data.

Nearby schools

6

William McKinley Elementary School 39

Public District PK-6

0.4 mi

1733 Spann Ave

4

Piloted Schools Bethel Park

Public Charter KG-4

0.9 mi

2710 Bethel Ave

3

Eleanor Skillen Elementary School 34

Public District PK-6

1.2 mi

1410 Wade St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,444. Most Indianapolis, IN residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

56%
<35k
31%
35k-100k
12%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
22%
Single, with Kids
15%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
40%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Burger KingBurger King
  • White CastleWhite Castle
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • RockRock
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1724 Prospect St

The listing price of 1724 Prospect St property is $425,000.

The property 1724 Prospect St is a house located in Indianapolis, Indiana, 46203.

Active Listing: 1724 Prospect St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1724 Prospect St are: William McKinley Elementary School 39 (GreatSchools Rating 6/10), Piloted Schools Bethel Park (GreatSchools Rating 4/10), Eleanor Skillen Elementary School 34 (GreatSchools Rating 3/10), Invent Learning Hub (GreatSchools Rating 3/10), Longfellow STEM Magnet Middle School (GreatSchools Rating 5/10), Se Neighborhood School of Excellence (GreatSchools Rating 3/10), Purdue Polytechnic High School (GreatSchools Rating 2/10), Arsenal Technical High School (GreatSchools Rating 1/10), Christel House Dors (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $9,141 (source: MLS/based on county public records data).

The last sale was on October 5, 2023 for $390,000 (source: MLS/tax record).

The property at 1724 Prospect St has 4 bedrooms and 3 full and 1 half bathrooms.

The property 1724 Prospect St is 2,112 SqFt (source: MLS/tax record).

The year of construction for 1724 Prospect St is 1900.

This home is located at 1724 Prospect St in Indianapolis, IN and zip code 46203 in the Fountain Square neighborhood. This 2,112 square foot home, which was built in 1900, sits on a 0.13 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $425,000.

In June 2025 more than 266 listings in Indianapolis, IN were sold above the asking price. During the same period more than 276 listings were sold at asking price, while more than 527 were sold below. The number of homes for sale in Indianapolis, IN decreased by 0.2% between May and June 2025. In June 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $251,183.

From Rocket Homes Real Estate and based on county public records data.

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