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USAINIndianapolisFletcher545 Fletcher Ave
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545 Fletcher Ave, Indianapolis, IN

House

For Sale

Listed price in listed location currency (USD).
$899,000

432

MLS® 22079306

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2719 sqft
Garage Yes
Taxes 
Days Active 143
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $330
MLS® Number 22079306

Property Address: 545 Fletcher Ave, Indianapolis, IN, 46203-1033

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to own a turnkey luxury short-term rental property in the heart of Fletcher Place featuring two fully finished homes on one lot. The main residence offers 2, 719 square feet of beautifully designed living space, while the separate carriage house adds an additional 1, 351 square feet, creating over 4, 000 square feet of combined living and guest accommodations. Currently operating as a successful Airbnb, this unique property offers exceptional flexibility for investors, owner-occupants, house hackers, or those seeking a high-demand hospitality asset near downtown Indianapolis. Designed with large groups and entertaining in mind, both homes feature stylish finishes, multiple gathering spaces, updated kitchens, and accommodations ideal for weekend visitors, corporate stays, sporting events, concerts, and convention traffic. The setup creates a rare opportunity to maximize guest capacity while offering privacy and comfort across two separate residences. Located just minutes from Lucas Oil Stadium, Gainbridge Fieldhouse, Fountain Square, and all that downtown Indianapolis has to offer, guests and owners alike enjoy walkable access to dining, nightlife, entertainment, and major event venues. The property has an established history as a professionally operated short-term rental with strong guest appeal and repeat demand. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a one-of-a-kind downtown property with built-in income potential, this is an opportunity that stands out in one of Indianapolis' most sought-after urban neighborhoods.
MLS® Number22079306
Laundry LevelUpper
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1900
BasementUnfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bonus Room:Upper LevelNot available
Living Room:Main FloorNot available
Loft:Upper LevelNot available
Other:Upper LevelNot available
Bedroom 3:Upper LevelNot available
Dining Room:Main FloorNot available
Kitchen:Main FloorNot available
Bedroom 2:Upper LevelNot available
Bedroom 4:Main FloorNot available
Family Room:Main FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 9, 2026List Date
$899,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $445,000 and $1,126,000.
Similar properties in this area sold on average for: $445,954
Expected to sell very soon! Similar properties sold in 81 days. This home has been on Zoocasa for 143 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
545 Fletcher Ave, Indianapolis, IN

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