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$220,000 -

1601 Spann Avenue Indianapolis IN 46203

3
Bedrooms
2
Baths
N/A
SQ. Feet
(Above Ground)
0.09
Acres

**Investment Opportunity in Fountain Square** Taken down to the studs with hung drywall. Ready to complete. This property boasts numerous updates as of 2023, including a **new roof, gutters, downspouts, soffits**, and some **replaced windows**. With **great bones**, this 3-4 bedroom, 2-bathroom, 2-story home features **10-foot ceilings** on the main floor. Originally configured as three units, it includes a staircase with direct outside access to the upper level, offering potential for conversion into a multi-unit property or an Airbnb. Located close to parks, downtown, breweries, and more, this home offers plenty of space in the back for parking or the addition of a garage. Opportunities like this are rare in Fountain Square, making it a prime candidate for a fix-and-flip or a beautiful remodel to live in.

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Property Details

Price: $220,000 Previously: $220,000 Originally: $220,000 Bedrooms: 3 Bathrooms: 2.00 MLS #: 22017738 Year Built: 1955 Township: Center Sq. Ft Total: 2,287 Type: Residential Zip Code: 46203 City: Indianapolis Subdivision: Spann & Cos 2nd Woodlawn Add County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: None
  • Cooling: None
  • Heating: No Heating

Exterior Features

Exterior Features:
  • Setting / Lot Description: Corner Lot, Curbs, Sidewalks, Street Lights, Mature Trees
  • Porch: Covered Porch
  • # Acres: 0.09

Listing Office: Exp Realty Llc

Office Contact: frank.pyle@exprealty.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on January 22nd, 2025 at 2:01am EST.

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