2232 Central Ave
Indianapolis, IN 46205
- 4 beds
- 5 baths
- 2,500 sqft
- 5,750 sqft lot
- $235 per sqft
- 2023 build
This stunning new construction offers the perfect balance of upscale living, thoughtful design, and income-generating potential. Spanning three beautifully finished levels, this 4-bedroom, 4.5-bath home features modern architecture and high-end details tailored for buyers of all kinds. Inside, you're greeted by raised ceilings and walls of windows that flood the home with natural light. The open-concept floor plan flows effortlessly, making it ideal for both everyday living and entertaining. At the heart of the home, the gourmet kitchen impresses with stainless steel appliances, quartz countertops, and an abundance of cabinetry. Each spacious bedroom includes a private en-suite bath with sleek, modern finishes. The primary suite offers a luxurious walk-in shower with a rainfall showerhead and a generous walk-in closet that elevates your daily routine. A built-in dog shower on the second floor adds a thoughtful touch for pet owners, making grooming easy and mess-free. Outside, enjoy a private, fully fenced backyard-perfect for gatherings, pets, or simply relaxing outdoors. The detached 2-car garage provides secure parking, complete with an EV charging outlet to meet the needs of today's electric vehicle owners. Whether you're a family looking for a home that offers space and sophistication, an investor seeking a high-performing short-term rental, or a buyer in search of refined urban living, this property delivers. Already operating successfully as a short-term rental, it's a turn-key opportunity with proven income potential. With its prime location, modern elegance, and versatile appeal, this home is a MUST SEE!
Last checked:
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Last updated Apr 16, 2025
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MLS# 22032599 —
The Building
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Year Built:2023
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New Construction:true
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Builder Name:N/A
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Construction Stage:Completed
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Estimated Completion Date:2023
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Construction Materials:Cement Siding
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Architectural Style:Contemporary, Multi-Level
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Levels:Tri-Level
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Basement:false
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Foundation Details:Block
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Accessibility Features:No
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Green Certification:No
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Upper SqFt:1650
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Building Area Total:2500
Interior
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Rooms:8
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Rooms Total:8
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Rooms Total:8
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Interior Features:Breakfast Bar, Raised Ceiling(s), Center Island, Paddle Fan, Pantry, Screens Complete, Walk-in Closet(s), Windows Vinyl
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Kitchen Features:Kitchen Updated
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Eating Area:Dining Combo/Kitchen
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Laundry Features:Upper Level
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Fireplaces Total:1
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Fireplace Features:Electric
Room Dimensions
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SqFt:2500
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Main Level SqFt:850
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Living Area:2500
Location
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Directions:GPS Friendly
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Latitude:39.798337
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Longitude:-86.149738
The Property
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View:true
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Property Type:Residential
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Property Subtype:Townhouse
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Property Attached:true
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Parcel Number:490625136202003101
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Acres:<1/4 Acre
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Lot Size Acres:0.07
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Lot Size SqFt:5,750 Sqft
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Price Per Acre:8414286
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Fencing:Fence Full Rear
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Horse Amenities:None
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Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 797-8647
- Office phone:
- (317) 797-8647
Taxes
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Tax Lot:L8B
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Tax Year:2023
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Semi Annual Property Tax Amt:5500
Beds
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Beds:4
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Bedrooms:4
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Bedrooms Total:4
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Primary Bedroom Description:Balcony,Closet Walk in
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# of Bedrooms Upper:4
Baths
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Baths:5
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Full Baths:4
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Full Baths:4
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Half Baths:1
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Half Baths:1
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Half Baths Main:1
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Full Baths Upper:4
Heating & Cooling
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Heating:Natural Gas
Utilities
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Water Source:Municipal/City
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Solid Waste:Yes
Appliances
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Appliances:Dishwasher, Down Draft, Dryer, Electric Water Heater, Disposal, Microwave, Gas Oven, Refrigerator, Washer
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Martindales Lincoln Park
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Association:false
Parking
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Parking Features:Detached
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Garage:true
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Garage Spaces:2
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Garage SqFt:400
Monthly cost estimate

Asking price
$589,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,153
|
Taxes | $916 |
Insurance | $161 |
Utilities | $110 See report |
Total | $4,340/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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4/15/25
Apr 15, 2025
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Listed / Active | MIBOR | $589,000 | |
9/30/23
Sep 30, 2023
|
Price Changed | MIBOR | ||
9/1/23
Sep 1, 2023
|
Listed / Active | MIBOR |