1406 Fletcher Avenue, Indianapolis, IN 46203
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1406 Fletcher Avenue,Indianapolis, IN 46203
$450,000
- 3 Beds
- 2 Baths
- 2,040 sq. ft.
- Single family
- Active
Listed by: leyton wellbaum, laura waters
Office: highgarden real estate
MLS#:22084080
Source:IN_MIBOR
Price summary
- Price:$450,000
- Price per sq. ft.:$170.45
About this home
Classic character. Modern income. Prime location. Welcome to the charm of the past blended seamlessly with the future in one of Indy's most sought-after downtown neighborhoods, Fountain Square. This 2-bedroom home showcases rich hardwood floors throughout, a gourmet-style kitchen built for gathering, and a stunning original fireplace wrapped in intricate tile work that gives the space warmth and personality. Solid wood trim and classic windows highlight the craftsmanship and detail that make historic homes in this area so desirable. Out back, the opportunity gets even better: a detached carriage home ADU built in 2024 that's already generating $1,500 per month in rental income. Whether you're offsetting your mortgage, building long-term wealth, or creating a flexible living setup, this property delivers built-in income from day one. Historic charm in the front. Modern cash flow in the back. In a location that continues to appreciate and attract. This is the kind of property that works for you.
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Home facts
- Year built:1945
- Listing ID #:22084080
- Added:1 day(s) ago
- Updated:February 14, 2026 at 10:42 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,040 sq. ft.
Heating and cooling
- Cooling:Central Electric, Wall Unit(s), Window Unit(s)
- Heating:Forced Air
Structure and exterior
- Year built:1945
- Building area:2,040 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public Water
Finances and disclosures
- Price:$450,000
- Price per sq. ft.:$170.45
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