545 Fletcher AVE new Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46203
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,585 sqft
Price per Sqft $271
Subdivision Fletcher
MLS Listing ID 22046208
Bedrooms 5
Full Baths 4
Half Baths 2
HOA Y/N No
Year Built 1900
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Single Family Residence
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 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.
Location
State IN
County Marion
Rooms
Basement Cellar,Unfinished
Kitchen Kitchen Updated
Interior
Interior Features Attic Access,Breakfast Bar,Raised Ceiling(s),Center Island,Entrance Foyer,Hardwood Floors,Hi-Speed Internet Availbl,In-Law Arrangement,Eat-in Kitchen,Programmable Thermostat,Walk-in Closet(s),WoodWorkStain/Painted,Wood Work Stained
Heating Forced Air,Natural Gas
Fireplaces Number 1
Fireplaces Type Family Room
Equipment Security Alarm Monitored
Fireplace Y
Appliance Dishwasher,Disposal,Gas Water Heater,Convection Oven,Gas Oven,Range Hood,Refrigerator,Bar Fridge
Exterior
Exterior Feature Carriage/Guest House
Garage Spaces 2.0
Utilities Available Cable Available
Building
Story Two
Foundation Block
Water Municipal/City
Architectural Style Victorian
Structure Type Wood
New Construction false
Schools
School District Indianapolis Public Schools