545 Fletcher Avenue Indianapolis, IN $ 899,000
545 Fletcher Avenue
$ 899,000
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545 Fletcher Avenue

Indianapolis, IN, 46203
$ 899,000
Bedrooms4 Baths3.0 Sq 2,719

Monthly Estimate*

$ 6,209

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Single Family Home for sale in Indianapolis, IN

for $899,000 with 4 bedrooms and 3 full baths. This 2,719 square foot home was built in 1900 on a lot size of 0.12.

Rare opportunity to own a turnkey luxury short-term rental property in the heart of Fletcher Place featuring two fully finished homes on one lot. The main residence offers 2,719 square feet of beautifully designed living space, while the separate carriage house adds an additional 1,351 square feet, creating over 4,000 square feet of combined living and guest accommodations. Currently operating as a successful Airbnb, this unique property offers exceptional flexibility for investors, owner-occupants, house hackers, or those seeking a high-demand hospitality asset near downtown Indianapolis. Designed with large groups and entertaining in mind, both homes feature stylish finishes, multiple gathering spaces, updated kitchens, and accommodations ideal for weekend visitors, corporate stays, sporting events, concerts, and convention traffic. The setup creates a rare opportunity to maximize guest capacity while offering privacy and comfort across two separate residences. Located just minutes from Lucas Oil Stadium, Gainbridge Fieldhouse, Fountain Square, and all that downtown Indianapolis has to offer, guests and owners alike enjoy walkable access to dining, nightlife, entertainment, and major event venues. The property has an established history as a professionally operated short-term rental with strong guest appeal and repeat demand. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a one-of-a-kind downtown property with built-in income potential, this is an opportunity that stands out in one of Indianapolis' most sought-after urban neighborhoods.

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Single Family Active

Price

$ 899,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 18,388

Style

Traditional

Lot Size

0.12

Year Built

1900

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22114368

Features
Interior
Interior Amenities High Ceilings Wood Work Stained Entrance Foyer
Basement Unfinished
Total Fireplaces 1
Fireplace Features Family Room
Basement (Y/N) Y
Half Baths 0
Laundry Features Upper Level
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 1
Total Baths 3
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General
Heating Forced Air Natural Gas
Cooling Other
Possession Closing Negotiable
Appliances Gas Oven Gas Water Heater
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Traditional
Construction Materials Wood Siding
Year Built 1900
Township Center
Levels Two and a Half
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Fletcher
Garage Y/N Y
Total Rooms 16
Full Baths 3
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Property Attached Y/N N
Standard Status Active
Tax Lot 49-11-12-151-019.000-101
Legal Description Soughton A Fletcher Jr Sub Pt L20 Ol94 Beg Ne Cor P.O.B. S118 Se11.7 E5.10 Sw30 Nw45 N133' E40' To Beg
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Exterior
Parking Features Attached
Lot Features Sidewalks Storm Sewer Street Lights Mature Trees
Water Source Public
Foundation Details Block
Building Area Total 2719
Lot Size Acres 0.12
Other Equipment Smoke Alarm
Horse Amenities None
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* Excluded Features
List By
Ever Real Estate, Llc

Broker

jim.perry@everrealestate.com

Email

Affordability Calculator

$7,742
Per Month
80%
20%
0%
Monthly Principal & Interest
$6,209
Monthly Property Taxes
$1,532
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$899,000 Listed Price

Map


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545 Fletcher Avenue, Indianapolis, IN, 46203 is a Single Family Home for sale at $899,000 with 2,719 sqft and a lot size of 0.12. 545 Fletcher Avenue has 4 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 46203 which is in Indianapolis, IN