545 Fletcher AVE, Indianapolis, IN 46203
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545 Fletcher AVE, Indianapolis, IN 46203
545 Fletcher AVE, Indianapolis, IN 46203
545 Fletcher AVE, Indianapolis, IN 46203
545 Fletcher AVE, Indianapolis, IN 46203
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Jeff Landers

Jeff Landers

+1(317) 750-9767
Listed by Jimmy Perry • Ever Real Estate, LLC
$ 899,000
Est. payment /mo
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545 Fletcher AVE Indianapolis, IN 46203

4 Beds

3 Baths

2,719 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,719 sqft

Price per Sqft $330

Subdivision Fletcher

MLS Listing ID 22114368

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1900

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Single Family Residence

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.

Location

State IN

County Marion

Rooms

Basement Unfinished

Main Level Bedrooms 1

Interior

Interior Features High Ceilings, Hardwood Floors, Wood Work Stained, Entrance Foyer

Heating Forced Air, Natural Gas

Cooling Other

Fireplaces Number 1

Fireplaces Type Family Room

Equipment Smoke Alarm

Fireplace Y

Appliance Gas Oven, Gas Water Heater

Exterior

Garage Spaces 2.0

Water Access Desc Public

Building

Story Two and a Half

Foundation Block

Water Public

Architectural Style Traditional

Structure Type Wood Siding

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Jeff Landers

Jeff Landers

Real Estate Advisor | License ID: RB14050540

+1(317) 750-9767

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Jeff Landers, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

I simply cannot recommend Jeff enough to anyone considering buying or selling a home. My experience with him selling my first house has confirmed in my mind that he is absolutely the best in the business. Not only is Jeff outstandingly professional, knowledgeable and experienced but he constantly and consistently went above and beyond for me during this process. His willingness to listen to me when I was panicking and calm me down and go to bat for me in difficult situations is something I am incredibly grateful for. I trust Jeff implicitly and was never steered wrong throughout the entire process. 5 stars is not enough to express my gratitude and stellar experience with Jeff.

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545 Fletcher AVE