Homes for sale - 1421 E Michigan ST, Indianapolis, IN 46201

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Ray Podesta

ray@stoneandgable.com +1(317) 538-3226

Listed by Angela Richardson • F.C. Tucker Company

$ 974,900

Est. payment | -/mo

4 Beds

3 Baths

2,736 SqFt

Save

$ 974,900

Est. payment | -/mo

Save

4 Beds

3 Baths

2,736 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,736 sqft

Price per Sqft $356

Subdivision North Arsenal Park

MLS Listing ID 22048859

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1920

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

Property Description

Welcome to 1421 E Michigan St, a rare and refined opportunity to own a brand-new construction masterpiece just minutes from downtown Indy. This striking property features two expansive townhomes (or a full duplex), each offering over 2,600 square feet of sophisticated living space with 4 bedrooms and 2.5 baths per unit. Designed with both elegance and versatility in mind, this home is perfect for luxury house hacking, live in one side while generating passive income from the other. Whether you're interested in long-term rentals, Airbnb, or multi-generational living, the investment potential here is unmatched. Step inside to find sleek modern finishes, sun-filled open layouts, and thoughtfully designed low-maintenance living. Each unit boasts upscale features, including designer kitchens, spa-inspired bathrooms, and spacious living areas that exude style and comfort. But the true showstopper? A massive rooftop deck on the third floor offering breathtaking skyline views of downtown Indianapolis, perfect for entertaining, relaxing, or simply enjoying the city from the privacy of your own retreat. A detached 2-car garage completes the package, adding convenience and functionality. This is more than just a home, it's a lifestyle upgrade and a smart investment in one of Indy's fastest-growing areas.

Location

State IN

County Marion

Rooms

Main Level Bedrooms 3

Interior

Interior Features Entrance Foyer, Walk-In Closet(s)

Heating Electric

Cooling Central Air

Fireplace Y

Appliance Electric Cooktop, Gas Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Refrigerator, Washer

Exterior

Garage Spaces 2.0

Building

Story Two

Foundation Block

Water Public

Architectural Style Contemporary

Structure Type Wood Siding

New Construction true

Schools

School District Indianapolis Public Schools

GET MORE INFORMATION

Ray Podesta

Realtor / Broker Owner | Lic# RB18000961

ray@stoneandgable.com

+1(317) 538-3226

704 S State Road 135 Ste D PMB 343 Greenwood, IN, 46143-6501

1421 E Michigan ST Indianapolis, IN 46201

Ray Podesta

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

1421 E Michigan ST