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$700,000
6
beds
4
baths

517 Prospect Street
Indianapolis, Indiana 46203

New / MLS #22071863 / Multiple Unit (2-4) / Bates-Hendricks
Listing information updated 12/29/2025 at 4:26pm
Proposed New Construction Duplex | 517 Prospect St - Downtown Indianapolis / Eli Lilly District Modern new-build duplex by Paradigm Construction & Development, ideally located just south of Eli Lilly HQ and the downtown core. Each two-story home (with basement) offers 3 bedrooms, 2.5 baths, open living space. Located just south of Eli Lilly HQ and minutes from Gainbridge Fieldhouse and Lucas Oil Stadium-prime for savy, short-term rental owner, investor or owner occupancy. This site sits in one of Indy's strongest growth corridors-perfect for an owner-occupant, house hacker, or short-term-rental investor. Walkable to Fountain Square, Virginia Ave corridor, and the Cultural Trail.
Beds Above Grade:
6
Pool:
No
Square Feet:
N/A
Lot Size:
0.06 Acres
Acreage:
0.06
Tax Amount:
N/A
Tax Year:
2024
Zip Code:
46203
City:
Indianapolis
County:
Marion
School District(s):
Indianapolis Public Schools
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Canull Group LLC

Listing Office Phone: 317.496.3632

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. 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 at 4:26pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Bates-Hendricks

Bates-Hendricks, IN

Bates-Hendricks is ideally situated near downtown, Fountain Square, and Garfield Park. The neighborhood is also close to many restaurants, businesses, and recreational facilities. East Street’s bikeways provide an easy commute downtown for cyclists. Plus, commuters have quick access to I-65 and I-...
$275,193
Average Sale Price
100
Average Days On The Market
91%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 517 Prospect Street, Indianapolis, IN 46203

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517 Prospect Street, Indianapolis, IN 46203 is a multiple unit (2-4) currently listed at $700,000. 517 Prospect Street features 6 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties IND since December 29th, 2025 and was built in 2026.