Luxury Home with Basement Apartment & Income Potential Just Minutes from Downtown Indy

Dated: August 15 2025

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Modern Luxury in the Heart of Indianapolis – Why This Home Matters for Hamilton County Buyers & Sellers

Want to see this home’s layout, design details, and the feel of the neighborhood for yourself?


Click here to watch the full video tour now and explore every corner of 1459 Spann Ave before it’s gone.

Some homes catch your eye. Others make you rethink your entire wish list.
1459 Spann Ave is one of those homes.

Built in 2020, this nearly 3,300 sq. ft. property blends the character of a walkable, historic neighborhood with modern features rarely found in Indianapolis — let alone in the sought-after Fountain Square area. And while it’s located just minutes from downtown Indy, it has lessons and inspiration for buyers and sellers in Hamilton County, Indiana too.

Why Fountain Square is Special

Fountain Square isn’t just a place on the map — it’s a lifestyle.
Here, you’ll find coffee shops, colorful street murals, live music, and a true sense of community. The location offers quick access to Lucas Oil Stadium, the Cultural Trail, and Garfield Park, making it perfect for those who want convenience without sacrificing neighborhood charm.

And in this area, a home with this size, a two-car garage, and a quarter-acre fenced lot? That’s about as rare as it gets.

First Impressions That Last

From the moment you pull up, the Hardy Plank cement siding and welcoming front porch set the tone. It’s deep enough for a swing and chairs — a ready-made spot for morning coffee or evening chats.

The two-car garage is a major bonus in this part of town, and the large fenced yard is perfect for pets, kids, or your garden dreams.

Inside – Where Comfort Meets Style

The main level features an open-concept kitchen and family room anchored by a cozy fireplace. The kitchen is bright, functional, and perfect for both cooking and entertaining.

There’s also a main level bedroom with a full bath, ideal for guests, extended family, or a home office:

You’ve seen the highlights — but the best way to appreciate this home’s design, flow, and vibe is to watch the full video tour here.
You’ll get the complete walk-through of every level, plus more about the neighborhood’s energy and amenities.

Upstairs – Space for Everyone

Natural light floods the upstairs bedrooms, each large enough to be a true retreat. Whether you need extra space for hobbies, a home office, or just a quiet spot for yourself, this home delivers.

The Game-Changer – Basement Apartment

The fully finished basement offers 1,200 sq. ft. of private living space, complete with a chef’s kitchen, bedroom, bathroom, and living area. With its own entrance, it’s perfect for:

  • Multi-generational living

  • Long-term rental income

  • Short-term rental potential

This kind of flexibility is rare — and valuable.

Location, Dining & Entertainment

Living here means being surrounded by Indy favorites like Milktooth, The Good Spot, and Upland Brewery. You’re also minutes from Garfield Park, White River State Park, and the Indianapolis Cultural Trail.

Whether you’re in Westfield, Carmel, Noblesville, or Fishers, understanding what draws buyers to other parts of Central Indiana helps you make smarter decisions. Features like extra living space, modern updates, and walkable neighborhoods are attracting buyers everywhere — and can increase your home’s value when selling.

The Numbers

  • Price: $660,000

  • Square Footage: ~3,300 sq. ft.

  • Lot: 0.25 acres, fenced

  • Taxes: ~$7,000/year

  • No HOA

If you’re thinking about buying, selling, or investing in a home in Hamilton County, Westfield, or anywhere in Indiana, Just Ask Justak. I’ll guide you every step of the way so you can make confident real estate decisions. Call or text me today.

Blog author image

Jason Justak

In the world of Real Estate, there are those who simply facilitate transactions, and then there are those who go above and beyond to make a profound impact on the lives of their clients. Meet Jason Ju....

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