545 Fletcher Ave, Indianapolis, IN 46203
$975,000
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Home 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.
- Property Type: Single Family
- Style: Victorian
- Basement: Cellar,Unfinished
- Garage Spaces: 2
- Acres: <1/4 Acre
- Lot Description: Mature Trees,Sidewalks,Storm Sewer,Street Lights
- Siding: Wood
- Patio & Porch: Covered Porch,Deck Main Level
- Fencing: Fence Full Rear
Available now at $975,000
Approximate Room Sizes / Descriptions
| Living Room | 15x15 | Main | |
| Kitchen | 21x15 | Main | |
| Family Room | 22x15 | Main | |
| Dining Room | 15x13 | Main | |
| Bonus Room | 16x10 | Upper | |
| Bedroom 3 | 13x12 | Upper | |
| Bedroom 2 | 16x15 | Upper | |
| Primary Bedroom | 16x15 | Upper | |
| Bedroom 4 | 13x18 | Upper | |
| Bedroom 5 | 12x12 | Upper | |
- Areas: Living Room Formal
- Interior Description: Attic Access,Breakfast Bar,Center Island,Eat-in Kitchen,Entrance Foyer,Hardwood Floors,Hi-Speed Internet Availbl,In-Law Arrangement,Programmable Thermostat,Raised Ceiling(s),Walk-in Closet(s),Wood Work Stained,WoodWorkStain/Painted
- Full Baths: 4
- Half Baths: 2
- Num Fireplaces: 1
- Fireplace Description: Family Room
- Primary Bedroom Description: Closet Walk in
- Appliances: Bar Fridge,Convection Oven,Dishwasher,Disposal,Gas Oven,Gas Water Heater,Range Hood,Refrigerator
- Eating Area: Dining Combo/Kitchen,Formal Dining Room
- Equipment: Security Alarm Monitored
- Heating: Forced Air,Natural Gas
- Utilities: Cable Available
- : blake.settles@everrealestate.com
Neighborhood
The average asking price of a 5 bedroom Indianapolis home in this zip code is
$572,414 (41.3% less than this home).
This home is priced at $272/sqft,
which is 39.1% less than similar homes
in the 46203 zip code.
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School Information
- School District:Indianapolis Public Schools
Financial
- Approx Payment:$3,947*
- Semi Annual Taxes:$3,950
Area Stats
These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(317) 809-6871 and speak with one of our real estate consultants.
Popular Homes
$487,236
$382,500
22
0.0%
36.4%
51
$348,021
$339,000
19
0.0%
57.9%
136
$353,841
$269,900
27
0.0%
66.7%
313
$377,457
$354,450
40
0.0%
55.0%
64
$262,974
$212,000
97
0.0%
48.5%
72
$563,159
$486,950
52
0.0%
42.3%
44
Listing Courtesy of Ever Real Estate, LLC.
For information or to schedule a viewing of this property (MLS# 22046208), call: 317-809-6871
545 Fletcher Ave, Indianapolis IN is a single family home of 3585 sqft and
is currently priced at $975,000
.
This single family home has 5 bedrooms.
A comparable home for sale at 866 Fletcher Ave in Indianapolis is listed at $515,000.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Indianapolis, IN.
Milligans Park, Near 925 and Woodland Trails are nearby neighborhoods.
MLS 22046208 has been posted on this site since 6/20/2025 (today).
2025