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545 Fletcher Ave, Indianapolis, IN

House

For Sale

Listed price in listed location currency (USD).
$975,000

560
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2200 sqft
Garage Yes
Taxes 
Days Active 127
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $443
MLS® Number 22046208

Property Address: 545 Fletcher Ave, Indianapolis, IN, 46203-1033

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 545 & 547 Fletcher Avenue - a rare opportunity to own two fully finished homes in the heart of downtown Indy. This turnkey property includes a stunning 3-bed, 2.5-bath main home with thoughtfully designed built-in bunks, perfect for guests or added sleeping capacity, along with a brand-new 2-bed, 2.5-bath carriage house offering complete privacy and flexibility for short-term rental or extended stay use. Whether you're seeking a stylish personal residence with bonus income potential or a pure investment play, this one checks all the boxes. Just a short walk to Lucas Oil Stadium, Gainbridge Fieldhouse, and the buzzing Fountain Square district, you or your guests will have front-row access to the city's best events, nightlife, and dining. Currently operating as a successful Airbnb, this property boasts a competitive cap rate with room to push even higher through optimization and dynamic pricing. The layout and design are ideal for hosting, with open-concept living, premium finishes, and a warm, modern aesthetic throughout both homes. Every corner has been carefully crafted for comfort, functionality, and that "wow" factor. This is more than a home-it's a lifestyle asset in one of Indy's most vibrant urban neighborhoods. Reach out today to schedule a private tour and explore the potential firsthand.
MLS® Number22046208
Laundry LevelUpper Level
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageYes
Approx. Age1900
BasementCellar, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Family Room:Main Floor15 × 22 ft
Dining Room:Main Floor13 × 15 ft
Bonus Room:Upper Level10 × 16 ft
Bedroom 5:Upper Level12 × 12 ft
Kitchen:Main Floor15 × 21 ft
Bedroom 2:Upper Level15 × 16 ft
Other:Upper Level15 × 16 ft
Living Room:Main Floor15 × 15 ft
Bedroom 4:Upper Level18 × 13 ft
Bedroom 3:Upper Level12 × 13 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 20, 2025List Date
$975,000List Price
  • Commute

Commute

Starting Address
Destination Address
545 Fletcher Ave, Indianapolis, IN

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