1603 E Market St, Indianapolis, IN 46201
$450,000
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Home Description
Modern Living Meets Urban Charm in Arsenal Heights! Welcome to your dream home in one of Indy's hottest up-and-coming neighborhoods-Arsenal Heights on the vibrant Near-Eastside of Downtown Indy! Built in 2020, this modern gem offers the best of both worlds-contemporary design and a neighborhood rich in history and character. Step inside to find a smart, well-thought-out layout featuring a main floor primary suite (yes, no stairs needed!), main floor laundry (hello convenience!), and an open, airy living space perfect for entertaining or cozy nights in. But wait-there's more! Head upstairs and you'll find a second living area, ideal for a media room, playroom, or just a great flex space. The true showstopper? A private-access basement apartment-complete with its own exterior stairway entrance. Whether you're dreaming of passive income via Airbnb, need space for long-term guests, or want a home that adapts with your lifestyle, this versatile lower level delivers. Enjoy easy access to the bustling heart of Downtown Indy, nearby Bottleworks, Neidhammer Coffee, Futuro Pizza, Ash & Elm-plus the growing Arsenal Heights community, where charm, location, and opportunity intersect.Modern. Flexible. Income-producing. Walkable. This is the kind of property that doesn't come around often-and it's waiting for you to make your move.
- Property Type: Single Family
- Style: TraditonalAmerican
- Basement: Ceiling - 9+ feet,Egress Window(s),Finished Walls,Walk Out
- Garage Spaces: 2
- Acres: <1/4 Acre
- Lot Description: Not In Subdivision,Sidewalks
- Siding: Cement Siding
- Patio & Porch: Covered Porch,Multiple Decks
Available now at $450,000
Approximate Room Sizes / Descriptions
Kitchen | 17x12 | Main | |
Great Room | 18x16 | Main | |
Laundry | 08x06 | Main | |
Loft | 18x16 | Upper | |
Family Room | 10x11 | Basement | |
Kitchen | 11x09 | Basement | |
Primary Bedroom | 12x12 | Main | |
Bedroom 2 | 11x11 | Upper | |
Bedroom 3 | 12x11 | Upper | |
Bedroom 4 | 11x10 | Upper | |
Bedroom 5 | 11x09 | Basement | |
- Areas: Living Room - 2 Story
- Interior Description: Bath Sinks Double Main,Eat-in Kitchen,In-Law Arrangement,Screens Complete,Supplemental Storage,Walk-in Closet(s),Windows Vinyl
- Full Baths: 3
- Half Baths: 1
- Num Fireplaces: 0
- Primary Bedroom Description: Closet Walk in
- Appliances: Dishwasher,Disposal,Electric Oven,Electric Water Heater,MicroHood,Refrigerator,Water Softener Owned
- Eating Area: Dining Combo/Kitchen
- Equipment: Smoke Alarm,Sump Pump
- Heating: Forced Air,Natural Gas
- Utilities: Electricity Connected,Sewer Connected,Water Connected
- : dylan@c21scheetz.com
Neighborhood
The average asking price of a 5 bedroom Indianapolis home in this zip code is
$410,300 (8.8% less than this home).
This home is priced at $167/sqft,
which is 21.9% less than similar homes
in the 46201 zip code.
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School Information
- School District:Indianapolis Public Schools
Financial
- Approx Payment:$1,822*
- Semi Annual Taxes:$2,684
Area Stats
These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(317) 250-7163 and speak with one of our real estate consultants.
Popular Homes
$422,430
$409,000
23
0.0%
17.4%
40
$439,528
$327,450
18
0.0%
38.9%
167
$310,885
$202,100
54
0.0%
55.6%
177
$327,969
$290,000
23
0.0%
56.5%
97
$262,613
$224,999
85
0.0%
47.1%
81
$593,758
$489,900
29
0.0%
31.0%
58
Listing Courtesy of CENTURY 21 Scheetz.
For information or to schedule a viewing of this property (MLS# 22031399), call: 317-250-7163
1603 E Market St, Indianapolis IN is a single family home of 2700 sqft and
is currently priced at $450,000
.
This single family home has 5 bedrooms.
A comparable home for sale at 5053 E Michigan St in Indianapolis is listed at $345,000.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Indianapolis, IN.
Fletcher & Ramseys Brookside, Spann & Cos 2nd Woodlawn and Woodruff Place are nearby neighborhoods.
MLS 22031399 has been posted on this site since 4/8/2025 (today).
2025