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$1,999,900   Price Analysis
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501 S East St
Indianapolis, IN 46225
4 bed 5 bath 4,490 SqFt ($445/SqFt)
2,178SqFt lot. Built 2024
Listed 2024-03-13, Taxes $3,103
Ⓧ USDA Ineligible
due to price & location

near Indianapolis

Exclusive luxury

Wedgwood Building Company custom home located in Fletcher Place with spectacular views of downtown skyline and Lucas Oil Stadium. This modern homes provide upscale living with urban amenities. Enjoy living on the Cultural Trail and walk to the mny downtown restaurants, sporting events or across the street to the neighborhood park. This home features 4 levels with an elevator, 2 car attached garage and rooftop terrace with 2 additional outdoor areas. The lower level has a separate residence option with private entrance, BR and BA, Kit and Laundry, LVT flooring and is tremendous for in-law quarters, guests or Airbnb. Premium finishes and automated window coverings throughout, along with Sub Ze ro and Wolf appliances in the sleek kitchen. 4 open bedrooms all with en suite BA. Smart design features, security system, retractable screens at second floor balcony, gas fireplace provision on expansive (1127sqft) rooftop with Trex decking and 2 EV charging stations with epoxy flooring in garage!

See attached plans for further detail. Home has been professionally staged and all/some furnishings could be sold with the house but is not included in the price.


Presented by Tom McNulty at
Mcnulty Real Estate Services,.


Property MLS #21966695 from MIBOR

Bedrooms: 4
Bedrooms On Basement Level: 1
Bedrooms On Main Level: 1
Bedrooms On Upper Level: 2
Primary Bedroom Dimensions: 22 x 15
Bedroom 2 Dimensions: 15 x 15
Bedroom 3 Dimensions: 16 x 10
Bedroom 4 Dimensions: 15 x 10
Primary Bedroom Level: Upper
Bedroom 2 Level: Upper
Bedroom 3 Level: Main
Bedroom 4 Level: Basement
Primary Bedroom Description: Bedroom 2nd Primary, Closet Walk in

Total Rooms: 11
Family Room: 16 x 15 x Upper
Kitchen: 23 x 11 x Upper
Basement Features: Ceiling - 9+ feet, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Storage Space
Family Room Dimensions: 14 x 12
Mud Room Dimensions: 12 x 7
Office/Study Room Dimensions: 16 x 15
Family Room Level: Basement
Mud Room Level: Main
Office/Study Room Level: Main

Total Bathrooms: 5
Full Bathrooms: 4
1/2 Bathrooms: 1
Full Bathrooms On Main Level: 1
Full Bathrooms On Basement Level: 1
Full Bathrooms On Upper Level: 2
Half Bathrooms On Upper Level: 1

Breakfast Bar
Built In Book Shelves
Raised Ceiling(s)
Center Island
Elevator
Entrance Foyer
Paddle Fan
Hardwood Floors
Hi-Speed Internet Availbl
In-Law Arrangement
Network Ready
Pantry
Programmable Thermostat
Surround Sound Wiring
Walk-in Closet(s)
Wet Bar
Window Metal
Windows Thermal
Wood Work Painted

Electric Cooktop
Dishwasher
Dryer
Disposal
Gas Water Heater
Kitchen Exhaust
Laundry Connection in Unit
Microwave
Oven
Convection Oven
Gas Oven
Refrigerator
Bar Fridge
Tankless Water Heater
Washer
Water Softener Owned
Wine Cooler
Laundry Features: Upper Level, In Basement

Cooling Features: Central Electric
Fireplace Features: Gas Starter, Living Room
Heating Features: Forced Air, Gas
Number of Fireplaces: 1

Dining Area Description: Dining Combo/Family Room, Dining Combo/Kitchen
Dining Room Dimensions: 12 x 12
Dining Room Level: Upper
Kitchen Dimensions: 14 x 12
Kitchen Level: Basement

Balcony
Smart Light(s)
Smart Lock(s)
Patio And Porch Features: Covered Patio, Covered Porch, Open Patio, Rooftop

Lot Description: Storm Sewer
Lot Size Acres: 0.05
Lot Size Square Feet: 2178

Garage Spaces: 2
Parking Features: Alley Access, Attached, Concrete, Electric Vehicle Service Equipment (EVSE), Garage Door Opener, Rear/Side Entry
Garage Sqft: 542

High School District: Indianapolis Public Schools

Washington Irving School 14 is a public elementary school located approximately 0.9 miles away.
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Lumen Christi Catholic School is a private elementary, middle and high school located approximately 0.1 miles away.
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HW Longfellow Med/STEM Magnet Midl is a public middle school located approximately 0.6 miles away.
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Purdue Polytechnic High School Ind is a public high school located approximately 0.7 miles away.
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Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Marion
Directions: 501 East Street is located just south of the corner of Virginia Ave and East Street. Just south of the Villaggio high rise condominium building.
Tax Year: 2022
Source Property Type: Residential
Area: 4913 - Marion - Center Se
Source Neighborhood: Downeys
Parcel Number: 491112114011000101
Postal Code Plus 4: 1313
Subdivision: Downeys
Township: Center
Property Subtype: Single Family Residence
Lot Number: 4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$98,300 + $18,700
$117,000
$3,103
2021$98,300 + $18,700
$117,000
$2,765
2020$90,100 + $18,700
$108,800
$2,585
2019$87,600 + $18,700
$106,300
$2,573
2018$79,400 + $18,700
$98,100
$2,400
2017$75,000 + $18,700
$93,700
$2,051
2016$71,200 + $18,700
$89,900
$1,928
2015$74,500 + $18,700
$93,200
$2,052
2014$73,700 + $18,700
$92,400
$1,997
2013$66,800 + $18,700
$85,500
$1,777
2012$65,200 + $18,700
$83,900
$1,882
2011$73,100 + $4,400
$77,500
$1,611
2010$73,100 + $4,400
$77,500
$1,651
2008$75,300 + $4,400
$79,700
$2,254
2008$73,100 + $4,400
$77,500
$2,254
2006$27,100 + $4,400
$31,500
$657

Listed 2024-03-13
$1,999,900
MIBOR
Listing removed 2024-03-01
$1,750,000
MIBOR
Listing removed 2019-02-21
$269,900
MIBOR
Listing removed 2019-02-15
$0
MIBOR
Listed 2018-08-15
$269,900
MIBOR
Listing removed 2016-07-02
$799,000
MIBOR
Listed 2015-07-08
$799,000
MIBOR

Total Square Feet Living: 4490
Year Built: 2024
Builder Name: Wedgewood BC
BelowGradeFinishedArea: 901
Construction Materials: Brick, Cement Siding
Foundation Details: Concrete Perimeter
Levels: Three Or More
New Construction: Yes
Property Condition: New Construction
Total Area Main: 901
Total Area Upper: 2688
Architectural Style: Contemporary

Accessibility Features: Accessible Entrance

Cable Available
Gas
Water Source: Municipal/City

Other Equipment: Security Alarm Monitored, Smoke Alarm, Sump Pump w/Backup
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.