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.
Active
$975,000
545 Fletcher Ave, Indianapolis, IN 46203
5beds
3,585sqft
Est.:
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
- 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#: 22046208

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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
- Loading
- Loading