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    1622-1624 Prospect St Indianapolis, IN 46203

    For Sale
    $649,900

    Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.16 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 1622-1624 Prospect St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Basement
    APN
    491007209187000101
    Basement Y/N
    1
    Lot size
    0.16 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Number of units
    2
    Architectural style
    Other

    Highgarden Real Estate (317) 280-4663 [email protected]

    Listing agent Mark Branch (317) 205-4320 License #RB14038829

    Listing date Dec 4, 2025

    MLS# 22016108 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Duplex in Fountain Square

    This fully remodeled duplex, located in the heart of Fountain Square, presents a remarkable investment opportunity. The property features two units, each offering 1,975 square feet of living space, for a total of 3,940 square feet. Each unit includes 2 bedrooms and 2.5 full baths. The move-in ready home boasts a spacious kitchen with a large center island. Each unit also has a dedicated garage space. The property offers low-maintenance living and is within walking distance to an array of restaurants, entertainment, and shops, and is just minutes from downtown Indianapolis. The lot size is 0.16 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.131392
    Latitude
    39.752611

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    FAQs

    What type of property is this?
    Duplex - Move-in ready duplex near downtown Indianapolis with dedicated garage spaces.
    Where is this duplex located?
    The property is located at 1622-1624 Prospect St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: - Fully remodeled duplex in the heart of Fountain Square.; - Two spacious 1,975 sq ft units (3,940 total sq ft).; - Each unit features 2 bedrooms and 2.5 full baths.
    (317) 205-4320
    Request Owner's contact information
    1622-1624 Prospect St Indianapolis, IN 46203
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    Indianapolis, IN 46203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1622-1624 Prospect St Indianapolis, IN 46203
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