501 S East Street, Indianapolis, IN 46225

$1,999,900 Asking Price

4 beds
5 baths
4,490  sqft
Built in 2024

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 many 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 & BA, Kit, & Laundry, LVT flooring, and is great for in-law quarters, guests, or Airbnb. Premium finishes and automated window coverings throughout, along with Sub Zero and Wolf appliances in the sleek kitchen. 4 spacious 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.


Features & Amenities

Interior

General:
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
Appliances:
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:
Upper Level, In Basement
Basement:
Ceiling - 9+ feet, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Storage Space
A/C:
Central Electric
Heating:
Forced Air, Gas
Fireplace:
Gas Starter, Living Room, Fireplaces: 1

Exterior

General:
Balcony, Smart Light(s), Smart Lock(s)
Style:
Contemporary
Other Structures:
Rooftop, Covered Porch, Covered Patio, Open Patio
Parking:
Alley Access, Attached, Concrete, Electric Vehicle Service Equipment (EVSE), Garage Door Opener, Rear/Side Entry

Construction

General:
Three Or More, Concrete Perimeter

Location

Originating MLS:
mibor
School District:
Indianapolis Public Schools
County:
Marion

Lot

Zoning:
Downeys 2nd Sub L4 Ol102, 491112114011000101

Utilities

Utilities:
Cable Available, Gas
Water:
Municipal/City

Financial

Source:
mibor
Buyers Agent Compensation:
2.0 %

This listing courtesy of:
McNulty Real Estate Services,, Tom McNulty

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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