Team Kuhfahl
REALTOR®
BEDS4
BATHS3 full
SQUARE FEET2,719
MLS#22114368
STATUSPending
PROPERTY TYPEResidential - Single Family
SUBDIVISIONFletcher
SCHOOLIndianapolis Public Schools
Property 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.
Property Features
Property Type: Residential - Single Family
Cooling: Other
Fireplaces: 1
Garage: 2
Heating: Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.12 Acres
Taxes: $18,388
Year Built: 1900
Appliances
Gas Oven
Gas Water Heater
Feature Descriptions
Basement: Unfinished
Bath: 2(Full-Main), 1(Full-Upper)
Days on Site: 113
Eating Area: Formal Dining Room
Equipment: Smoke Alarm
Exterior: Wood Siding
Fireplace: Family Room
Formal Dining: Yes
Foundation: Block
InteriorFeatures: High Ceilings, Wood Work Stained, Entrance Foyer
Total Rooms: 16
Water: Public
Room Sizes
Dining Room: 15X15
Family Room: 16X14
Bedroom 4: 14X13
Bedroom 3: 13X12
Bedroom 2: 16X15
Living Room: 15X15
Loft: 10X07
Kitchen: 14X14
Bonus Room: 12X10
Primary Bedroom: 16X15
Local Schools
School District: Indianapolis Public Schools
Listed By / Shown By
Listed By
Agency Name: Ever Real Estate, LLC
Agency Phone: 317-513-2775
Shown By
Agent Name: Team Kuhfahl
Agent Phone: Cell: (812) 344-8800
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 6,593.76 per month $4,810.60 Principal & Interest $1,532.33 Property Tax $250.83 Homeowner's InsuranceChange Payment Information
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545 Fletcher Avenue | MLS# 22114368
This single family home located at 545 Fletcher Avenue, Indianapolis, IN 46203 is currently listed for sale with an asking price of $860,000. This property was built in 1900 and has 4 bedrooms and 3 full baths with 2719 sq. ft. Fletcher Avenue is located in the Fletcher subdivision within the Indianapolis Public Schools school district. Search Fletcher real estate on www.teamkuhfahl.com today.