4238 N College Avenue

Indianapolis, IN
$ 1,199,999 Beds 5 Baths 4 Sq 4,032
Monthly Estimate* How much can I afford?

Unlike anything else on the market, 4238 N College Avenue is a truly custom, never-occupied residence offering 4 bedrooms, 3 full baths and more than 4,000 sq. ft. of thoughtfully designed living space near the heart of Broad Ripple. Completed in 2026, the home blends striking contemporary architecture with warmth, character and craftsmanship at every turn. Step through the custom mahogany Dutch door into an open main level designed for connection. The kitchen, dining and living areas flow together around a dramatic staircase, oversized windows, statement lighting and a linear fireplace. At the heart of the home, a 9-foot island anchors the custom kitchen, complemented by beautiful stone surfaces, extensive cabinetry, a walk-in pantry and a built-in breakfast nook. A main-level flex suite with custom wardrobes and an adjacent full bath offers exceptional versatility for guests, an office or additional living needs. Upstairs, the primary suite becomes a private retreat, flowing from the spacious bedroom into a dedicated custom dressing room and spa-inspired bath. Additional bedrooms, a full bath and second-floor laundry complete the level. The finished lower level feels like a true extension of the home, with 9'+ ceilings, a large recreation area, dedicated bar space, flex/game room, bedroom and full bath. Outside is one of the property's most exceptional Broad Ripple features: a rare detached 3-car garage plus a full driveway connecting College Avenue all the way to the alley, providing outstanding parking, access and flexibility. A rear deck and approximately 450 sq. ft. hardscaped patio create additional space to gather and entertain. Geothermal heating and cooling, custom built-ins, sound-dampening construction, CAT6 wiring and high-performance construction add substance behind the design. More than new construction, this is a one-of-a-kind custom home created with craftsmanship, function and individuality at its core. Schedule your private showing today!

Active

  • Price
  • $ 1,199,999
  • City
  • Indianapolis
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Washington
  • Lot Size
  • 0.23 Acres
  • Zip
  • 46205
  • Sqr Footage
  • 4,032
  • Year Built
  • 2016
  • Taxes
  • $ 16352
  • Style
  • Contemporary,Craftsman
  • MLS#
  • 22124471
Listed By: Lidia Casimiro Murrieta with Keller Williams Indy Metro NE;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Geothermal
Cooling Geothermal
Possession Closing
Appliances Electric Cooktop,Dishwasher,Disposal,Exhaust Fan,Electric Oven,Refrigerator,Wine Cooler,Microwave,Range Hood
Garage Spaces 3
Patio/Porch Features Covered,Deck,Patio
Architectural Style Contemporary,Craftsman
Security Features Closed Circuit Camera(s),Smoke Detector(s)
Construction Materials Stone,Wood Siding
Year Built 2016
Township Washington
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Hatherleigh
Garage Y/N Yes
Total Rooms 9
Full Baths 4
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 10019
Property Attached Y/N No
Current Financing Conventional,VA
Standard Status Active
Tax Lot Hatherleigh L9
Legal Description Hatherleigh L9

Interior Features

Interior Amenities Attic Access,Breakfast Bar,Built-in Features,Kitchen Island,Hi-Speed Internet Availbl,Walk-In Closet(s)
Basement Finished,Ceiling - 9+ feet,Egress Window(s),Storage Space,Roughed In,Interior Entry
Total Fireplaces 1
Fireplace Features Electric,Living Room
Basement (Y/N) Yes
Total Bedrooms 5
Below Grade Finished Area 1344
Main Level Bedrooms 1
LivingAreaSource Assessor
Total Baths 4

Exterior Features

Parking Features Alley Access,Detached,Concrete,Garage Door Opener,Garage Faces Rear
Lot Features Access,Busline,Sidewalks,Mature Trees
Water Source Public
Foundation Details Concrete Perimeter,Full
Spa No
Building Area Total 4032
Lot Size Acres 0.23
Waterfront Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Greenwood, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/25/2026 Listed $1,199,999

Property vs Zip Code Average in 46205

Price
AVG $340K
$1.2M
Taxes
AVG $3,926
$16,352
Year Built
AVG 1938
2016

4238 N College Avenue Indianapolis, IN is a Single Family Home for sale at $1199999 with 4032 sqft and a lot size of 0.23 Acres Acre(s). 4238 N College Avenue Indianapolis has 5 bedrooms, 4 baths and was built in 2016. The property's zip code is 46205 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.