518 Prospect Street
Indianapolis, IN 46203
- – beds
- – baths
- – sqft
- 3,180 sqft lot
- 1921 build
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!
Last checked:
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Last updated Nov 15, 2024
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MLS# 22006424 —
The Building
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Year Built:1921
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New Construction:false
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Construction Materials:Cement Siding
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Architectural Style:Contemporary
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Levels:Two
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Roof:Shingle
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Basement:true
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Exterior Features:Lighting
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Security Features:Fire Alarm
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Green Certification:No
Interior
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Laundry Features:Laundry Room
Location
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Directions:GPS Friendly
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Latitude:39.752588
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Longitude:-86.149123
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Duplex
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Parcel Number:491112101044000101
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Acres:<1/4 Acre
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Lot Size Acres:0.07
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Lot Size SqFt:3,180 Sqft
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Price Per Acre:7714286
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Structure Type:Duplex
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Current Use:Apt<20
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Road Access:Access Rd,Frontage Road
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 728-9618
- Office phone:
- (317) 728-9618
Taxes
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Tax Lot:47
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Tax Year:2023
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Tax Exemptions:None
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Semi Annual Property Tax Amt:1321
Heating & Cooling
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Cooling:Central Electric
Utilities
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Building Utilities:Municipal Storm Connected,Water
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Solid Waste:No
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Hendricks
Parking
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Parking:On Street,Other
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Parking Features:Alley Access, Gravel
Extra Units
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# of Units Total:2
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/9/24
Nov 9, 2024
|
Price Changed | MIBOR | $540,000 | -1.8% |
|
10/22/24
Oct 22, 2024
|
Listed / Active | MIBOR | $550,000 | 6011.1% (415.9% / YR) |
|
5/11/10
May 11, 2010
|
MIBOR | $9,000 |
