$750,000

517 Prospect Street, Indianapolis, IN 46203

Duplex
Built in 2026
2,614sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Data Last Updated:: February 17, 2026 at 12:17AM
Listing Office:: Canull Group LLC : 317-522-7238
Listing Agent:: Zachary Douglas : 317-522-7238
MLS ID:: 22071863

Originating MLS: mibor
School District: Indianapolis Public Schools
County: Marion

Zoning: Hendricks Sub 90Ft N End L80 Ol99491112101010000101
Current Use: See Remarks

Source: mibor

This listing courtesy of Zachary Douglas , Canull Group LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

James A. Garfield School 31

307 Lincoln St, Indianapolis, IN, 46225

Grades KG-8

0.51 miles away

James A. Garfield School 31

307 Lincoln St, Indianapolis, IN, 46225

Grades KG-8

0.51 miles away

Emmerich Manual High School

2405 Madison Ave, Indianapolis, IN, 46225

Grades 10-12

1.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.