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  • $975,000

    545 Fletcher Ave, Indianapolis, IN 46203

    5beds
    3,585sqft
    : 
    Residential, Single Family Residence
    Built in 1900
    5,227.2 Square Feet Lot
    $-- Zestimate®
    $272/sqft
    $-- HOA

    What's special

    Premium finishesOpen-concept livingThoughtfully designed built-in bunks
    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.
    45 days
    on Zillow
    |
    552
    |
    25
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 07, 2025 at 04:09pm

    Listing Provided by:

    Blake Settles 317-694-3567,

    Ever Real Estate, LLC,

    Jimmy Perry 317-281-9239

    Source: MIBOR as distributed by MLS GRID,MLS#: 22046208MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 545 Fletcher Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Upper
    • Area: 240 Square Feet
    • Dimensions: 16x15
    Bedroom 2
    • Level: Upper
    • Area: 240 Square Feet
    • Dimensions: 16x15
    Bedroom 3
    • Level: Upper
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bedroom 4
    • Level: Upper
    • Area: 234 Square Feet
    • Dimensions: 13x18
    Bedroom 5
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bonus room
    • Level: Upper
    • Area: 160 Square Feet
    • Dimensions: 16x10
    Dining room
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Family room
    • Level: Main
    • Area: 330 Square Feet
    • Dimensions: 22x15
    Kitchen
    • Level: Main
    • Area: 315 Square Feet
    • Dimensions: 21x15
    Living room
    • Level: Main
    • Area: 225 Square Feet
    • Dimensions: 15x15
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Water Heater, Convection Oven, Gas Oven, Range Hood, Refrigerator, Bar Fridge
    • Laundry: Upper Level
    Features
    • Attic Access, Breakfast Bar, High Ceilings, Kitchen Island, Entrance Foyer, Hardwood Floors, High Speed Internet, In-Law Floorplan, Eat-in Kitchen, Smart Thermostat, Walk-In Closet(s)
    • Flooring: Hardwood
    • Windows: WoodWorkStain/Painted, Wood Work Stained
    • Basement: Cellar,Unfinished
    • Attic: Access Only
    • Number of fireplaces: 1
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 3,585
    • Total interior livable area: 3,585 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage Faces Rear, Storage, Workshop in Garage
    • Garage spaces: 2
    • Details: Garage Parking Other(Finished Garage, Guest Street Parking, Other)
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck
    • Fencing: Fenced,Full
    Lot
    • Size: 5,227.2 Square Feet
    • Features: Sidewalks, Storm Sewer, Street Lights, Mature Trees
    Details
    • Additional structures: Guest House
    • Parcel number: 491112151019000101
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Victorian
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Block
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: Security Service
    • Subdivision: Fletcher
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $272/sqft
    • Annual tax amount: $7,900
    • Date on market: 6/20/2025
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