545 Fletcher Avenue Indianapolis, IN 46203

Share
Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Send Message", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.

Victorian • 125Y Old

$975,000

545 Fletcher Avenue

5 Bedrooms
6 Bathrooms 4 Full, 2 Half
3585 sqft
0.12 Acres
2 Car Garage Finished Garage,Guest Street Parking,Other
Property Description

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.

Directions

GPS Friendly

Amenities

Attic Access, Breakfast Bar, High Ceilings, Kitchen Island, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, In-Law Arrangement, Eat-in Kitchen, Smart Thermostat, Walk-In Closet(s), WoodWorkStain/Painted, Wood Work Stained, Dishwasher, Disposal, Gas Water Heater, Convection Oven, Gas Oven, Range Hood, Refrigerator, Bar Fridge, Covered, Deck, Cable Available, Natural Gas Connected

Map to 545 Fletcher Avenue, Indianapolis, IN 46203

Property
MLS # 22046208
Date Listed 2025-06-20
Status Active
Property Type Residential
Property SubType Single Family Residence
Square Feet 3585 sqft
New Construction No
Style Victorian
Type Single Family Residence
Basement Cellar, Unfinished
Bedrooms 5
Bathrooms 6 (4 Full, 2 Half)
Year Taxes Payable 2024
Year Built 1900
Days on Market 156
Additional
Design Victorian
Cooling Central Air
Heating Forced Air, Natural Gas
Garage Yes
External Features
Construction Single Family Residence
Exterior Covered, Deck
Lot Size 5,401 sq ft
Acreage 0.12 Acres
Sewer Municipal Sewer Connected
Water Public
Fence Full
Location
Area Marion
County Marion
Subdivision Fletcher
Township Center
City Indianapolis
State IN
Zip 46203
Schools
School District Indianapolis Public Schools
Financial
Assoc. Dues $0.00

MLS# 22046208
Listing Provided Courtesy of Blake Settles
Ever Real Estate, LLC
blake.settles@everrealestate.com

Listing updated July 7, 2025 at 7:30 pm
Last checked 4 minutes ago

IDX information provided by the MIBOR REALTOR® Association. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Learn More About 545 Fletcher Avenue

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Send Message", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.