$975,000

beds

baths

half baths

3,585

square ft

545 Fletcher Avenue

Indianapolis, Indiana 46203

Active / MLS #22046208 / Single Family / Fletcher Place

Listing information updated 7/7/2025 at 6:27pm

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.

Full Features

Architecture Style:

Victorian

Exterior Type:

Wood Siding

Basement:

Cellar,Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Disposal, Gas Water Heater, Convection Oven, Gas Oven, Range Hood, Refrigerator, Bar Fridge

Main Level Primary Bedroom:

Fireplace:

Yes

Pool:

Age:

125 Years

Parking Type:

Finished Garage,Guest Street Parking,Other

Parking Spaces:

Garage:

Garage - 2 Car(s)

Room Count:

Square Feet:

3,585

Lot Size:

0.12 Acres

Acreage:

0.12

Internal Features:

Attic Access, Breakfast Bar, High Ceilings, Kitchen Island, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, In-Law Arrangement, Eat-in Kitchen, Smart Thermostat, Walk-In Closet(s), WoodWorkStain/Painted, Wood Work Stained

External Features:

Carriage/Guest House, Patio/Porch

Room Information

Living Room:

15x15 - Main

Dining Room:

15x13 - Main

Kitchen:

21x15 - Main

Family Room:

22x15 - Main

Primary Bedroom:

16x15 - Upper

2nd Bedroom:

16x15 - Upper

3rd Bedroom:

13x12 - Upper

4th Bedroom:

13x18 - Upper

Bonus Room:

16x10 - Upper

Bedroom 5:

12x12 - Upper

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

2024

Location

Zip Code:

46203

City:

Indianapolis

County:

Marion

Schools

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Victorian

Exterior Type:

Wood Siding

Basement:

Cellar,Unfinished

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Disposal, Gas Water Heater, Convection Oven, Gas Oven, Range Hood, Refrigerator, Bar Fridge

Main Level Primary Bedroom:

Fireplace:

Yes

Pool:

Age:

125 Years

Parking Type:

Finished Garage,Guest Street Parking,Other

Parking Spaces:

Garage:

Garage - 2 Car(s)

Room Count:

Square Feet:

3,585

Lot Size:

0.12 Acres

Acreage:

0.12

Internal Features:

External Features:

Carriage/Guest House, Patio/Porch

Living Room:

15x15 - Main

Dining Room:

15x13 - Main

Kitchen:

21x15 - Main

Family Room:

22x15 - Main

Primary Bedroom:

16x15 - Upper

2nd Bedroom:

16x15 - Upper

3rd Bedroom:

13x12 - Upper

4th Bedroom:

13x18 - Upper

Bonus Room:

16x10 - Upper

Bedroom 5:

12x12 - Upper

Tax Amount:

N/A

Tax Year:

2024

Zip Code:

46203

City:

Indianapolis

County:

Marion

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Ever Real Estate, LLC

Listing Office Phone: 317.513.2775

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/7/2025 at 6:27pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.