$549,900

beds

baths

half bath

1,771

square ft

1306 Olive Street

Indianapolis, Indiana 46203

Closed / MLS #22016874 / Single Family / Fountain Square - Indianapolis

Listing information updated 4/23/2025 at 5:26pm

Fantastic, recent gut to studs rebuilt 3 bed, 2.5 bath main house and new construction 2 car garage with separate carriage house in ideal Fountain Square location! Currently operated as two separate Airbnb units with unanimous 5* ratings and completely separate entrances. The main house has 3 bedrooms, 2.5 baths spread over 1771 square feet offering a gourmet kitchen open to dining room and great room with high ceilings, first floor spacious owners suite which includes a walk-in closet, double vanity, and blue tooth speaker, powder room, easy access to back deck and well maintained back yard with irrigation system. Upstairs are two light and bright bedrooms and shared full bathroom! The 528 sq foot carriage house built over the two car garage has its own own separate entrance, kitchen and full bath for perfect studio living space. Combined, there is 2,299 sq ft of living space! This is an ideal property to add to your existing portfolio - or live in the main unit and maintain the studio as an investment with outstanding income or used as a separate home office/guest suite/recreation room!

Full Features

Architecture Style:

TraditonalAmerican

Exterior Type:

Wood Siding

Beds Above Grade:

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Disposal, Gas Water Heater, Gas Oven, Range Hood, Refrigerator, Water Softener Owned

Main Level Primary Bedroom:

Yes

Pool:

Age:

145 Years

Parking Type:

Finished Garage

Parking Spaces:

Garage:

Garage - 2 Car(s)

Room Count:

Square Feet:

1,771

Lot Size:

0.1 Acres

Acreage:

0.1

Internal Features:

Center Island, Eat-in Kitchen, Programmable Thermostat, Wood Work Painted

External Features:

Carriage/Guest House, Sprinkler System, Patio/Porch

Room Information

Living Room:

15x15 - Main

Dining Room:

15x13 - Main

Kitchen:

15x10 - Main

Primary Bedroom:

19x12 - Main

2nd Bedroom:

13x12 - Upper

3rd Bedroom:

13x13 - 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:

TraditonalAmerican

Exterior Type:

Wood Siding

Beds Above Grade:

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Disposal, Gas Water Heater, Gas Oven, Range Hood, Refrigerator, Water Softener Owned

Main Level Primary Bedroom:

Yes

Pool:

Age:

145 Years

Parking Type:

Finished Garage

Parking Spaces:

Garage:

Garage - 2 Car(s)

Room Count:

Square Feet:

1,771

Lot Size:

0.1 Acres

Acreage:

0.1

Internal Features:

Center Island, Eat-in Kitchen, Programmable Thermostat, Wood Work Painted

External Features:

Carriage/Guest House, Sprinkler System, Patio/Porch

Living Room:

15x15 - Main

Dining Room:

15x13 - Main

Kitchen:

15x10 - Main

Primary Bedroom:

19x12 - Main

2nd Bedroom:

13x12 - Upper

3rd Bedroom:

13x13 - 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: Compass Indiana, LLC

Agent Contact Information: lisa.phillips@compass.com

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 4/23/2025 at 5:26pm. 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.