1514 N College Avenue, IN 46202

Property Description

Once in a lifetime opportunity to own an incredible Historic Home in amazing location downtown Indianapolis. This stunning 5 bedrooms, 3.5 bath Italianate property in the heart of Indianapolis Old Northside has been meticulously updated and it offers 4,800 sq ft of elegant living, dual-zone high efficiency heat pumps and timeless architectural details. It sits on a double lot with a great amount of outdoor space, large yard, deck and stone patio surrounded by large mature trees. This incredible home was built just after the civil war. The master suite has an updated bath, separate shower and bathtub. An extra walk-in closet was added upstairs for extra storage. The $200,000 kitchen remodel has all new state of the art stainless steel appliances, Subzero refrigerator, wolf gas range and oven, dishwasher, microwave and incredible cabinetry. The exterior with rare brick Italianate, brand new roof, $78,000 in double pane storm windows makes this home a must see. The wine cellar in the basement has room for 1,000 bottles of wine, temperature controlled, and your guests will be amazed as you entertain in this space. Let's not forget the fully finished 580 sq ft Carriage House with slate roof, two bedrooms, one bath, modern kitchen, living and laundry area. It sits across the lovely courtyard, it is perfect for guests, in-law quarters and can add around $10,800/year in rental income, a rare opportunity to own a luxury home that "pays you back". Enjoy a 3-car garage and a large courtyard which offers plenty of parking space. Walkable access to Mass Ave, Bottleworks and the Cultural Trail. Schedule a private showing today.