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Julie Young

julie@cbstiles.com +1(317) 753-2148

Listed by Keishaun Garner • OPEN HEIR

$779,900

Est. payment - /mo

4 Beds

5 Baths

4,925 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,925 sqft

Price per Sqft $158

Subdivision Fletcher Etal

MLS Listing ID 22116667

Bedrooms 4

Full Baths 3

Half Baths 2

HOA Y/N No

Year Built 2024

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Single Family Residence

Property Description

Step into an extraordinary living experience at 1027 Hosbrook Street in the heart of Indianapolis' vibrant Fountain Square neighborhood. Completed in 2024, this newly constructed residence delivers modern sophistication, thoughtful design, and exceptional income-producing versatility. The main residence offers approximately 3,612 square feet of beautifully finished living space, featuring four spacious bedrooms, three full bathrooms, and two half bathrooms. Its generous layout provides comfortable private retreats, inviting gathering spaces, and the flexibility demanded by today's lifestyles. The opportunity extends beyond the main home. Positioned at the rear of the property is an oversized detached two-car garage leading to a charming 607-square-foot studio carriage house. Designed for privacy and independence, the carriage house features its own separate entrance, full-size kitchen, full bathroom, laundry hookups, and dedicated HVAC system. It is ideally suited for overnight guests, extended family, a private office, or an additional income-producing rental. Currently operated as a successful Airbnb, the property has generated strong short-term rental income for its current owners. The combination of the main residence and fully equipped carriage house creates a compelling opportunity to continue the existing rental model, explore a dual-income strategy, or enjoy luxury living while generating supplemental revenue from the secondary residence. Whether acquired as a distinctive primary residence or a versatile addition to an investment portfolio, 1027 Hosbrook Street offers a rare blend of lifestyle, location, and income potential. Rental income, permits, and intended uses should be independently verified by the purchaser.

Location

State IN

County Marion

Rooms

Basement Ceiling - 9+ feet, Egress Window(s), Finished

Kitchen Kitchen Updated

Interior

Interior Features Kitchen Island, Paddle Fan, Eat-in Kitchen, Walk-In Closet(s), Breakfast Bar, Bath Sinks Double Main

Heating Zoned, Forced Air, Natural Gas

Cooling Central Air, Zoned

Fireplaces Number 1

Fireplaces Type Living Room

Fireplace Y

Appliance Dishwasher, Disposal, Gas Water Heater, Exhaust Fan, Microwave, Gas Oven, Range Hood, Refrigerator, Washer, Dryer

Exterior

Garage Spaces 2.0

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Water Access Desc Public

Building

Story Three Or More, Two

Foundation Concrete Perimeter, Full, Poured Concrete

Water Public

Architectural Style Traditional

Structure Type Cement Siding

New Construction true

Schools

School District Indianapolis Public Schools

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NEARBY SCHOOL & BUSINESS

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Phone

+1(317) 753-2148

julie@cbstiles.com

Address

3455 W Smith Valley Rd, Greenwood, IN, 46142-8465, USA

1027 Hosbrook ST Indianapolis, IN 46203