Indianapolis Real Estate Index

Contact Red Door Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 317-RED-DOOR / 317-733-3667 or fill out the form to let us know how we can help with your real estate needs.

Phone: (317) 733-3667
Fax: (317) 663-0840

Refine your search...
Use the form below to narrow down your results
Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Back to Results
$975,000 -

545 Fletcher Avenue Indianapolis IN 46203

5
Bedrooms
5
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

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.

Follow ►
  • Subscribe to Our Blog RSS
Read More...

Property Details

Price: $975,000 Previously: $975,000 Originally: $975,000 Bedrooms: 5 Bathrooms: 5.00 MLS #: 22046208 Year Built: 1900 Township: Center Sq. Ft Total: 3,585 Type: Residential Zip Code: 46203 City: Indianapolis Subdivision: Fletcher County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Convection Oven, Gas Oven, Range Hood, Refrigerator, Bar Fridge
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Features: Carriage/Guest House
  • Setting / Lot Description: Sidewalks, Storm Sewer, Street Lights, Mature Trees
  • Porch: Covered, Deck
  • # Acres: 0.12

Listing Office: Ever Real Estate, Llc

Similar Properties To: 545 Fletcher Avenue, Indianapolis

$999,000
5 br, 5 ba, 3,585 ft²
Fletcher
MLS® #:
22013759
Provider:
@properties
545 Fletcher Avenue, Indianapolis
$980,000
5 br, 5½ ba, 5,393 ft²
Fletcher
MLS® #:
22046516
Provider:
Ever Real Estate, Llc
543 Fletcher Avenue, Indianapolis
$700,000
4 br, 3½ ba, 4,111 ft²
North Meridian Hills
MLS® #:
22058666
Provider:
Everhart Studio, Ltd.
7600 N Meridian Street, Indianapolis
$1,089,000
4 br, 3½ ba, 3,523 ft²
Vajens Subdivision
MLS® #:
22030439
Provider:
Coldwell Banker - Kaiser
434 E New York Street, Indianapolis
$685,000
4 br, 4½ ba, 4,576 ft²
Estates Of Normandy Farm
MLS® #:
22033642
Provider:
Highgarden Real Estate
6519 Rothchild Boulevard, Indianapolis
$825,000
4 br, 4½ ba, 3,206 ft²
Spann & Cos 2nd Woodlawn Add
MLS® #:
22043417
Provider:
@properties
1452 Fletcher Avenue, Indianapolis
$899,500
4 br, 4 ba, 2,729 ft²
Surrey Park
MLS® #:
21994618
Provider:
Encore Sotheby's International
441 W 86th Street, Indianapolis
$847,900
4 br, 4 ba, 5,025 ft²
No Subdivision
MLS® #:
22005972
Provider:
Exp Realty, Llc
6502 Allisonville Road, Indianapolis

View all similar properties here

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on September 11th, 2025 at 7:40am EDT.

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends
Interested In This Property?