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1601 Spann Ave, Indianapolis, IN 46203

$159,900

Exterior of a two-story home with a covered porch needing renovation at 1601 Spann Ave, Indianapolis, IN 46203

  • Bedrooms

    3

  • Baths

    2

  • Sq. Feet

    2287

  • Year Built

    1955

  • Days on Market

    2

  • $/SqFt

    $70

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31 Photos

  • Exterior of a two-story home with a covered porch needing renovation at 1601 Spann Ave, Indianapolis, IN 46203
  • Exterior view of a two-story home with a covered porch among other houses needing renovation at 1601 Spann Ave, Indianapolis, IN 46203
  • Side view of a two-story home needing renovation with front porch and adjacent overgrown landscaping at 1601 Spann Ave, Indianapolis, IN 46203
  • Exterior of a two story home showing the side of the building at 1601 Spann Ave, Indianapolis, IN 46203
  • Exterior of a two story home with siding at 1601 Spann Ave, Indianapolis, IN 46203
  • Spacious living room with drywall walls, bright natural light at 1601 Spann Ave, Indianapolis, IN 46203
  • Bright living room with drywall walls, a classic trim, and natural light at 1601 Spann Ave, Indianapolis, IN 46203
  • Bedroom with drywall walls and natural light at 1601 Spann Ave, Indianapolis, IN 46203
  • Bedroom with drywall walls and natural light at 1601 Spann Ave, Indianapolis, IN 46203
  • Spacious living room with drywall walls and natural light at 1601 Spann Ave, Indianapolis, IN 46203
  • Unfinished living room showcasing large windows and an open floor plan, ready for customization and design at 1601 Spann Ave, Indianapolis, IN 46203
  • Unfinished bathroom featuring a window for natural light and necessary plumbing installations ready for customization at 1601 Spann Ave, Indianapolis, IN 46203
  • An unfinished room with exposed brick, wooden beams, and framing, offering a rustic yet customizable design at 1601 Spann Ave, Indianapolis, IN 46203
  • Unfinished living room with large windows bringing in natural light, ready for a new design at 1601 Spann Ave, Indianapolis, IN 46203
  • An unfinished wooden staircase, providing a blank canvas for a new staircase design at 1601 Spann Ave, Indianapolis, IN 46203
  • Unfinished room with doorway access and a large window, ready for customization and personalization at 1601 Spann Ave, Indianapolis, IN 46203
  • Unfinished room showcasing a window providing natural light and open space, ready for customization and design at 1601 Spann Ave, Indianapolis, IN 46203
  • Unfinished room highlighting potential for a new design with installed electrical and prepped doorway at 1601 Spann Ave, Indianapolis, IN 46203
  • Unfinished room featuring a window for natural light and open space ready for design and customization at 1601 Spann Ave, Indianapolis, IN 46203
  • Unfinished room with window view, ready for customization and design, featuring raw construction elements at 1601 Spann Ave, Indianapolis, IN 46203
  • A bedroom area with a window and some electrical boxes at 1601 Spann Ave, Indianapolis, IN 46203
More Photos \/
  • A room with one wall with wooden paneling and another with green drywall at 1601 Spann Ave, Indianapolis, IN 46203
  • A room with green drywall at 1601 Spann Ave, Indianapolis, IN 46203
  • A bedroom area with a window and some electrical boxes at 1601 Spann Ave, Indianapolis, IN 46203
  • A room under construction with newly installed drywall at 1601 Spann Ave, Indianapolis, IN 46203
  • A hallway under construction with newly installed drywall at 1601 Spann Ave, Indianapolis, IN 46203
  • A gray electrical panel with many colorful electrical wires connected at 1601 Spann Ave, Indianapolis, IN 46203
  • A new staircase that appears to lead into a basement at 1601 Spann Ave, Indianapolis, IN 46203
  • A dark basement with brick walls at 1601 Spann Ave, Indianapolis, IN 46203
  • A dark basement with brick walls at 1601 Spann Ave, Indianapolis, IN 46203
  • Unfinished basement stairwell, featuring wooden steps and brick walls awaiting future renovation and completion at 1601 Spann Ave, Indianapolis, IN 46203
Less Photos /\

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Home Description

This Fountain Square Area Home has great potential and surrounded by other beautifully updated homes or in some cases newly constructed homes. **** Investors Alert **** Prior data claims newer roof, gutters, downspouts, soffits and some newer windows. Interior appears to have been taken down to the studs with new drywall installed and new wiring run but not completed. A floor plan has been framed to appear to have a main level bedroom with 2 bedrooms upstairs. Each level appears to be ready for 2 full baths. It can still be created into what someone wants for best use. Plenty of parking available in the rear off the alley. Located near parks, breweries, restaurants & everything Fountain Square area has to offer plus quick jaunt to anything downtown Indianapolis too.

  • Property Type: Single Family
  • Style: TraditonalAmerican
  • Basement: Cellar
  • Garage Spaces: 0
  • Acres: <1/4 Acre
  • Lot Description: Sidewalks
  • Siding: Aluminum Siding,Wood
  • Patio & Porch: Covered Porch

Available now at $159,900

Approximate Room Sizes / Descriptions

Living Room15x13Main
Dining Room15x12Main
Kitchen14x12Main
Laundry09x06Main
Loft11x10Upper
Primary Bedroom15x11Main
Bedroom 214x13Upper
Bedroom 311x10Upper
  • Areas: Other
  • Interior Description: Raised Ceiling(s)
  • Full Baths: 2
  • Num Fireplaces: 0
  • Primary Bedroom Description: See Remarks
  • Appliances: None
  • Eating Area: Dining Combo/Kitchen
  • Equipment: Not Applicable
  • Heating: No Heating
  • Cooling: None
  • : jackie@jackielovell.com

Neighborhood

The average asking price of a 3 bedroom Indianapolis home in this zip code is $270,999 (69.5% more than this home).

This home is priced at $70/sqft, which is 110.6% less than similar homes in the 46203 zip code.

Bank Owned

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School Information

  • School District:Indianapolis Public Schools

Financial

  • Approx Payment:$794*
  • Semi Annual Taxes:$706

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) 332-0255 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Broad Ripple
$487,236
$382,500
22
0.0%
36.4%
52

Butler Tarkington
$348,021
$339,000
19
0.0%
57.9%
137

Downtown Indianapolis
$353,470
$269,900
27
0.0%
66.7%
313

Fountain Square
$372,027
$349,900
41
0.0%
56.1%
64

Irvington
$262,128
$211,000
98
0.0%
49.0%
74

Meridian Kessler
$563,159
$486,950
52
0.0%
42.3%
45

Listing Courtesy of New Quantum Realty Group. For information or to schedule a viewing of this property (MLS# 22046455), call: 317-332-0255

1601 Spann Ave, Indianapolis IN is a single family home of 2287 sqft and is currently priced at $159,900 . This single family home has 3 bedrooms. A comparable home for sale at 1806 Asbury St in Indianapolis is listed at $205,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Roundtree Park, Factory Place and D M Bradbury & Cos Southeast are nearby neighborhoods. MLS 22046455 has been posted on this site since 6/21/2025 (today).

2025

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