$925,000

545 Fletcher Avenue, Indianapolis, IN 46203

4 beds |
3 baths |
2,200 sqft

Single-Family Home
Built in 1900
5,227sqft lot
2 car garage
$420/sqft
Listed 1 month ago

Property 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 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.

Listing Status:: Active
Data Last Updated:: February 16, 2026 at 1:19PM
Listing Office:: Ever Real Estate, LLC : 317-281-9239
Listing Agent:: Jimmy Perry : 317-281-9239
MLS ID:: 22079306

General: High CeilingsHardwood FloorsWood Work StainedEntrance Foyer
Appliances: Gas OvenGas Water Heater
Laundry: Upper Level
Basement: Unfinished
A/C: Other
Heating: Forced AirNatural Gas
Fireplace: Family RoomFireplaces: 1

Style: Traditional
Other Structures: Covered
Parking: Attached

General: TwoBlock

Originating MLS: mibor
School District: Indianapolis Public Schools
County: Marion

Zoning: Soughton A Fletcher Jr Sub Pt L20 Ol94 Beg Ne Cor P.O.B. S118 Se11.7 E5.10 Sw30 Nw45 N133' E40' To Beg491112151019000101

Water: Public

Source: mibor

This listing courtesy of Jimmy Perry , Ever Real Estate, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

William McKinley Elementary School 39

1733 Spann Ave, Indianapolis, IN, 46203

Grades PK-6

0.98 miles away

Longfellow STEM Magnet Middle School

510 Laurel St, Indianapolis, IN, 46203

Grades 7-8

0.59 miles away

Arsenal Technical High School

1500 E Michigan St, Indianapolis, IN, 46201

Grades 9-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.