1406 Fletcher AVE Indianapolis, IN 46203 Active
UPDATED: 02/15/2026 10:10 PM ON MARKET: 12 days on market
$450,000
3 Beds2 Baths2,640 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,640 sqft
Price per Sqft $170
Subdivision Fletcher Woodlawn
MLS Listing ID 22084080
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1945
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Single Family Residence
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.
