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+13178402275
United Real Estate
1406 Fletcher Avenue, Indianapolis, IN 46203
- $440,000
- 3
- BD
- 2
- BA
- 2,640
- SqFt
- Sold Price
- $440,000
- List Price
- $450,000
- Closing Date
- Apr 13, 2026
- MLS#
- 22084080
- Property Type
- Residential
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft. of Residence
- 2,640
- Year Built
- 1945
- Days on Market
- 58
- Status
- SOLD
Property Description
Classic character. Modern income. Prime location. Welcome to the charm of the past blended seamlessly with the future in one of Indy's most sought-after downtown neighborhoods, Fountain Square. This 2-bedroom home showcases rich hardwood floors throughout, a gourmet-style kitchen built for gathering, and a stunning original fireplace wrapped in intricate tile work that gives the space warmth and personality. Solid wood trim and classic windows highlight the craftsmanship and detail that make historic homes in this area so desirable. Out back, the opportunity gets even better: a detached carriage home ADU built in 2024 that's already generating $1,500 per month in rental income. Whether you're offsetting your mortgage, building long-term wealth, or creating a flexible living setup, this property delivers built-in income from day one. Historic charm in the front. Modern cash flow in the back. In a location that continues to appreciate and attract. This is the kind of property that works for you.
Additional Information
- Basement
- Interior Entry
- Foundation
- Brick/Mortar
- Number of Fireplaces
- 1
- Fireplace Description
- Family Room, Living Room
- Stories
- One Leveland + Loft, One and One Half
- Architecture
- Craftsman
- Interior
- High Ceilings, Kitchen Island, Hardwood Floors, Ceiling Vaulted, Walk-In Closet(s)
- Exterior Amenities
- Carriage/Guest House
- Acres
- 0.09
- Heat
- Forced Air
- Cooling
- Central Air, Window Unit(s), Wall Unit(s)
- Appliances
- Gas Cooktop, Dishwasher, Electric Water Heater, Disposal, Gas Oven, Refrigerator, Microwave, Water Heater, Washer, Dryer
- Semi-Annual Taxes
- $3,577
- Garage
- Yes
- Region
- Center
- Eating Areas
- Dining Combo/Family Room
Listing courtesy of Laura Waters. Highgarden Real Estate
Selling Office: eXp Realty LLC.What is My Indianapolis Home Worth?
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.