$10,000 Closing Credit¹
#22030439, Candace Fisk, Listing office: Coldwell Banker - Kaiser
$975,000 List price
545 Fletcher Ave Indianapolis, IN 46203
$10,000
Closing credit¹
5 beds
4 full, 2 partial
3,585 sqft
0.1 acres
$272 / sqft
House
Property details
About 545 Fletcher Ave
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.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size3,585 sqft
BasementYes
Lot size0.12 Acres
Year built1900
MLS #22046208
FireplaceFamily Room
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 4
- Appliances: Dishwasher, Disposal, Gas Water Heater, Convection Oven, Gas Oven, Range Hood, Refrigerator, Bar Fridge
- Basement: Yes
- Interior: Attic Access, Breakfast Bar, Raised Ceiling(s), Center Island, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, In-Law Arrangement, Eat-in Kitchen, Programmable Thermostat, Walk-in Closet(s), WoodWorkStain/Painted, Wood Work Stained
- Fireplace: Family Room
- Total Bedroom Count: 5
- Exterior: Carriage/Guest House
- Architectural Style: Victorian
- Heating: Forced Air, Natural Gas
- List Price: $975,000
- Price/SqFt: $271
- Directions: GPS Friendly
- Year Built: 1900
- Living Area: 3,585 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 22046208
- MLS Name: MIBOR
- Office Name: Ever Real Estate, LLC
- Office Email: blake.settles@everrealestate.com
- Listing Agent: Blake Settles
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Last updated on: 6/30/2025, 11:46:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$975,000
545 Fletcher Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
6
William McKinley Elementary School 39
Public District PK-6
1.0 mi
•1733 Spann Ave
9
Paramount Cottage Home
Public Charter KG-4
1.3 mi
•1203 E Saint Clair St
3
Theodore Potter Magnet Elementary School 74
Public District KG-6
1.6 mi
•1601 E 10th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $70,047. The most common annual income of people living in Indianapolis, IN is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
22%
<35k
47%
35k-100k
27%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
66%
Single, No Kids
6%
Single, with Kids
20%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
2%
12-17 yrs old
34%
18-34 yrs old
47%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
Continuing Education Courses
Where do the neighbors shop?
H&M
Chico's
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Qdoba
What do the neighbors drive?
Audi
Volvo
Volkswagen
What do the neighbors listen to?
Alternative
Talk/Personality
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 545 Fletcher Ave
The listing price of 545 Fletcher Ave property is $975,000.
The property 545 Fletcher Ave is a house located in Indianapolis, Indiana, 46203.
Active Listing: 545 Fletcher Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 545 Fletcher Ave are: William McKinley Elementary School 39 (GreatSchools Rating 6/10), Paramount Cottage Home (GreatSchools Rating 9/10), Theodore Potter Magnet Elementary School 74 (GreatSchools Rating 3/10), Longfellow STEM Magnet Middle School (GreatSchools Rating 5/10), URBAN ACT Academy School 14 (GreatSchools Rating 2/10), Se Neighborhood School of Excellence (GreatSchools Rating 3/10), Purdue Polytechnic High School (GreatSchools Rating 2/10), Arsenal Technical High School (GreatSchools Rating 1/10), Crispus Attucks High School (GreatSchools Rating 1/10).
The property at 545 Fletcher Ave has 5 bedrooms and 4 full and 2 half bathrooms.
The property 545 Fletcher Ave is 3,585 SqFt (source: MLS/tax record).
The year of construction for 545 Fletcher Ave is 1900.
This home is located at 545 Fletcher Ave in Indianapolis, IN and zip code 46203 in the Fletcher Place & Holy Rosary-Danish Church neighborhood. This 3,585 square foot home, which was built in 1900, sits on a 0.12 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $975,000.
In May 2025 more than 300 listings in Indianapolis, IN were sold above the asking price. During the same period more than 315 listings were sold at asking price, while more than 544 were sold below. Between April and May 2025, Indianapolis, IN real estate market has seen increase in the number of listings by 3.7%. The median list price of listings available in May 2025 was $250,180, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.