For Sale
Single family home for sale at 545 Fletcher Ave, Indianapolis, IN 46203 | MLS# 22114368 | Listing updated on 2026-07-16
Photo 1 of Single family home for sale at 545 Fletcher Ave, Indianapolis, IN 46203 | MLS# 22114368 | Listing updated on 2026-07-16
Photo 2 of Single family home for sale at 545 Fletcher Ave, Indianapolis, IN 46203 | MLS# 22114368 | Listing updated on 2026-07-16
Photo 3 of Single family home for sale at 545 Fletcher Ave, Indianapolis, IN 46203 | MLS# 22114368 | Listing updated on 2026-07-16
Photo 4 of Single family home for sale at 545 Fletcher Ave, Indianapolis, IN 46203 | MLS# 22114368 | Listing updated on 2026-07-16
59+
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Street View

$899,000

Monthly Est:$4,475

  • Beds Icon4 Beds
  • Beds Icon
    3 Baths
  • Beds Icon2,719sqft

545 Fletcher Ave, Indianapolis, IN 46203

$4,475/moEst:

Get Pre-Approved

  • Single Family Residence

  • Built in 1900

  • $-- HOA

  • 5,227.2 sqft lot

  • $331/sq.ft

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.

  • Houzeo last checked: 4 minutes ago
  • Listing updated: July 16, 2026 at 10:22 pm
  • Listing Provided by: Jimmy Perry | Ever Real Estate, LLC (317) 513-2775
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22114368 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Marion County

  • City

    Indianapolis

  • Neighborhood

    Downtown

  • Year Built

    1900

  • HOA Fees

    -

  • Finished Area

    2,719 sqft

  • Lot Size

    5,227.2 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    22114368

  • MLS Status

    Active

  • Days on Market

    85

  • Cumulative Days on Market

    622

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 3

  • Dining Room

    Level: Main

    Area: 225.00 Square Feet

    Dimensions: 15X15

  • Family Room

    Level: Main

    Area: 224.00 Square Feet

    Dimensions: 16X14

  • Bedroom 4

    Level: Main

    Area: 182.00 Square Feet

    Dimensions: 14X13

  • Bedroom 3

    Level: Upper

    Area: 156.00 Square Feet

    Dimensions: 13X12

  • Bedroom 2

    Level: Upper

    Area: 240.00 Square Feet

    Dimensions: 16X15

  • Living Room

    Level: Main

    Area: 225.00 Square Feet

    Dimensions: 15X15

  • Loft

    Level: Upper

    Area: 70.00 Square Feet

    Dimensions: 10X07

  • Kitchen

    Level: Main

    Area: 196.00 Square Feet

    Dimensions: 14X14

  • Bonus Room

    Level: Upper

    Area: 120.00 Square Feet

    Dimensions: 12X10

  • Master Bedroom

    Level: Upper

    Area: 240.00 Square Feet

    Dimensions: 16X15

Interior

  • Flooring

    Hardwood

  • Heating

    Forced Air, Natural Gas

  • Appliances

    Gas Oven, Gas Water Heater

  • Cooling

    Other

  • Interior Features

    High Ceilings, Wood Work Stained, Entrance Foyer

Construction

  • Year Built

    Year Built: 1900

  • Home type

    Single Family Residence

  • Construction Materials

    Wood Siding

  • Foundation Details

    Block

  • Architectural Style

    Traditional

Utilities & Energy

  • Water Source

    Public

  • Fireplace Features

    Family Room

  • Basement

    Unfinished

  • Parking Features

    Attached

  • Laundry Features

    Upper Level

Other Features

  • Patio And Porch Features

    Covered

  • Lot Features

    Sidewalks, Storm Sewer, Street Lights, Mature Trees

  • Subdivision Name

    Fletcher

Price History

DateEventPrice

07/15/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22114368

Listed for Sale

$899,000

$331/sqft

07/10/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22079306

Listing Removed

$899,000

$331/sqft

03/30/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22079306

Price Decreased

$899,000 -2.81%

$331/sqft

01/09/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22079306

Listed for Sale

$925,000

$340/sqft

01/09/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22079306

Price Decreased

$925,000 -5.13%

$340/sqft

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Getting Around 545 Fletcher Ave

Bike Score®

Bike Score

Biker's Paradise

98/100

Walk Score®

Walk Score

Very Walkable

89/100

Transit Score®

Transit Score

Good Transit

62/100

Data provided by Redfin

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Based on information from MIBOR REALTOR® Association through Oct 09, 2026, 12:15AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

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