505 S East St

Indianapolis, IN 46225

$1,799,900
Price
4
Beds
4,490 Sq. Ft.
$401 / Sq. Ft.
4,490
Sq. Ft.
$401
per Sq. Ft.

Description

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...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 throughout and Sub Zero and Wolf appliances in the impressive kitchen. 4 spacious bedrooms all with en suite BA. Smart design features, 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. Utility wire in back to be buried and pole removed. 2 adjacent lots available to custom build a Buyer's own unique home. Contact List Agent for further information.
  1. Listed by Tom McNulty • McNulty Real Estate Services,
  2. Listed by Pat McNulty • McNulty Real Estate Services,

Property Details for 505 South East Street

Architectural Style
Contemporary
Subdivision Name
Downeys
Township
Center
LISTING UPDATED: 12/26/2025 09:45 AM

Property Details for 505 South East Street

StatusActive
MLS #21966853
Days on Market647
Taxes$500 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2024
Lot Size0.05 AC / 2,178 SF
CountyMarion County

Location

Listing Courtesy of McNulty Real Estate Services,
Add your commute

Building Information for 505 South East Street

Stories-Year Built2024Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$8,977 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,894

Property Taxes

$83

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505 South East Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: East Street Project is located just south of the corner of Virginia Ave and East Street. Just south of the Villaggio high rise condominium building.
  • Postal Code: 46203
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491112114012000101
  • Semi Annual Property Tax Amt: 500
  • Tax Exemption: None
  • Tax Year: 2023
  • TaxLot: 3
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: Yes
  • Garage Parking Other: Finished Garage,Garage Door Opener,Keyless Entry
  • Garage Spaces: 2.0
  • Garage SqFt: 552
Property
Lot Information
  • Acreage: <1/4 Acre
  • Construction Stage: Completed
  • Lot Description: Storm Sewer, Not In Subdivision
  • Lot Size Square Feet: 2265.0
  • Lot Size Acres: 0.05
  • Main Level SqFt: 901
  • New Construction: True
  • Living SqFt: 2688.0
  • Sqft Total: 3589.0
  • Sq Ft Total: 4490.0
  • Year Built Numeric: 2024
  • Below Grade Finished Area: 901.0
  • Living Area Source: Plans
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Inspection Warranties: Warranty Builders
  • Legal Subdivision: Downeys 2nd Sub L3
  • Photos Count: 73
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Web Link: www.mcnultyre.com
Utilities
  • Solid Waste: Yes
  • Utilities: Cable Available, Natural Gas Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Cement Siding
  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Horse Amenities: None
Interior Features
  • Accessibility Features: Accessible Entrance
  • Accessibility Features: Yes
  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Exhaust Fan, Microwave, Gas Oven, Range Hood, Refrigerator, Bar Fridge, Tankless Water Heater, Washer, Wine Cooler
  • Areas Interior: Bedroom Other on Main,Family Room 2nd Story,Laundry in Unit,Utility Room
  • Basement Description: Ceiling - 9+ feet, Daylight, Egress Window(s), Finished, Full, Interior Entry, Storage Space
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Dining Combo/Family Room, Dining Combo/Kitchen
  • Fireplace Features: Family Room, Insert, Gas Starter
  • Fireplaces Total: 1
  • Heating: Forced Air, Natural Gas
  • Interior Features: Breakfast Bar, High Ceilings, Kitchen Island, Elevator, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, In-Law Arrangement, Eat-in Kitchen, Wired for Data, Pantry, Smart Thermostat, Walk-In Closet(s), Wet Bar, Wood Work Painted
  • Levels: Three Or More
  • Additional Equipment: Smoke Alarm, Sump Pump w/Backup
  • Room List: Kitchen, Family Room, Bedroom 4, Bedroom 3, Office, Mud Room, Dining Room, Primary Bedroom, Bedroom 2, Laundry, Sitting Room
  • Room and Features: Kitchen-Basement-Luxury Vinyl Plank, Family Room-Basement-Luxury Vinyl Plank, Bedroom 4-Basement-Luxury Vinyl Plank, Bedroom 3-Main, Office-Main, Mud Room-Main, Family Room-Upper, Dining Room-Upper, Kitchen-Upper, Primary Bedroom-Upper, Bedroom 2-Upper, Laundry-Upper-Tile-Ceramic, Sitting Room-Upper
  • Main Level Bedrooms: 1
  • Laundry Features: In Unit, Laundry Closet, Laundry Room, Upper Level, In Basement
  • Num Bedrooms Upper: 2
  • Num Bedrooms Basement: 1
  • Rooms Basement: 3
Room Information
Room Information
  • Rooms MU: 8
  • Rooms Total MU: 8
  • Total Rooms: 11
Room 1
  • Room Level: Basement
  • Room Dimensions: 14x12
  • Room Features: Luxury Vinyl Plank
  • Room Type: Kitchen
Room 2
  • Room Level: Basement
  • Room Dimensions: 14x12
  • Room Features: Luxury Vinyl Plank
  • Room Type: Family Room
Room 3
  • Room Level: Basement
  • Room Dimensions: 15x10
  • Room Features: Luxury Vinyl Plank
  • Room Type: Bedroom 4
Room 4
  • Room Level: Main
  • Room Dimensions: 16x10
  • Room Type: Bedroom 3
Room 5
  • Room Level: Main
  • Room Dimensions: 16x15
  • Room Type: Office
Room 6
  • Room Level: Main
  • Room Dimensions: 12x7
  • Room Type: Mud Room
Room 7
  • Room Level: Upper
  • Room Dimensions: 16x15
  • Room Type: Family Room
Room 8
  • Room Level: Upper
  • Room Dimensions: 12x12
  • Room Type: Dining Room
Room 9
  • Room Level: Upper
  • Room Dimensions: 23x11
  • Room Type: Kitchen
Room 10
  • Room Level: Upper
  • Room Dimensions: 22x15
  • Room Type: Primary Bedroom
Room 11
  • Room Level: Upper
  • Room Dimensions: 15x15
  • Room Type: Bedroom 2
Room 12
  • Room Level: Upper
  • Room Dimensions: 8x8
  • Room Features: Tile-Ceramic
  • Room Type: Laundry
Room 13
  • Room Level: Upper
  • Room Dimensions: 14x12
  • Room Type: Sitting Room
Bathrooms
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Count: 5
  • Full Baths Basement: 1
  • Full Baths Main: 1
  • Full Baths MU: 3
  • Full Baths Upper: 2
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 1
  • Half Baths Upper: 1
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 4
Mobile/Manufactured Home
Mobile/Manufactured Home
  • Builder Name: Wedgewood BC

Property History for 505 South East Street

DateEvent & SourcePriceAppreciation
Sep 29, 2025

Price Change

MIBORMLS #21966853

$1,799,900—
Sep 22, 2025

Price Change

MIBORMLS #21966853

$1,824,900—
Aug 2, 2025

Price Change

MIBORMLS #21966853

$1,849,900—
Mar 22, 2024

Listed (Active)

MIBORMLS #21966853

$1,924,900—
Dec 8, 2023

Expired

MIBORMLS #21866374

—
Dec 8, 2023

Temporarily Off Market

MIBORMLS #21866374

—
Aug 8, 2022

Listed (Active)

MIBORMLS #21866374

$1,699,000—
DateEvent & SourcePrice
09/29/2025

Price Change

MIBORMLS #21966853

$1,799,900
09/22/2025

Price Change

MIBORMLS #21966853

$1,824,900
08/02/2025

Price Change

MIBORMLS #21966853

$1,849,900
03/22/2024

Listed (Active)

MIBORMLS #21966853

$1,924,900
12/08/2023

Expired

MIBORMLS #21866374

—
12/08/2023

Temporarily Off Market

MIBORMLS #21866374

—
08/08/2022

Listed (Active)

MIBORMLS #21866374

$1,699,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 505 South East Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Thomas D. Gregg School 15
Public - PK to 6
Brookside School 54
Public - PK to 6
James Russell Lowell School 51
Public - PK to 6
Washington Irving School 14
Public - PK to 6
Rating
School
Distance
Thomas D. Gregg School 15
PublicPK to 6

Brookside School 54
PublicPK to 6

James Russell Lowell School 51
PublicPK to 6

Washington Irving School 14
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 505 South East Street, Indianapolis, IN 46225

505 South East Street is a single family home for sale in Indianapolis, IN 46225. This property was listed for sale on March 22, 2024 by McNulty Real Estate Services,, it's currently listed at $1,799,900. This listing's school district is Indianapolis Public Schools. Nearby schools include Thomas D. Gregg School 15, Brookside School 54 and James Russell Lowell School 51. 505 South East Street is a 4-bed, 5-bath, 4,490 sqft single family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of McNulty Real Estate Services,

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/29/2025 03:00 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.