921 S State Ave, Indianapolis, IN, 46203
About This Home
Nestled in the heart of Fountain Square, one of Indianapolis's most desirable and energetic neighborhoods, this beautifully maintained 3-bedroom, 2-bath multi-level traditional American townhome offers the perfect combination of style, location, and investment potential. Step inside to a thoughtfully designed layout featuring boutique-style finishes and versatile living spaces ideal for both everyday comfort and entertaining. The multi-level design provides added privacy and functionality, making it perfect for homeowners and guests alike. Out back, enjoy a patio-perfect for relaxing evenings, hosting gatherings, or accommodating pets. A one-car garage adds convenience and valuable storage space. This property truly stands out with its proven short-term rental success. Current ownership has demonstrated strong Airbnb income potential, with high occupancy driven by its prime location and appealing finishes-offering an excellent opportunity for investors or those seeking supplemental income. Located just minutes from downtown, you'll have quick access to major highways, top dining, nightlife, entertainment, and educational hubs. Whether you're looking for a vibrant lifestyle or a high-performing investment, this Fountain Square gem delivers on all fronts. Don't miss your chance to own in one of Indianapolis' most sought-after communities!
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 2016
Materials
- Foundation: Other
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,MicroHood,Electric Oven,Refrigerator,Washer,Microwave
- Laundry features: Upper Level
Bedroom2
- Level: Upper
- Area: 110
- Dimensions: 11x10
Bedroom3
- Level: Upper
- Area: 270
- Dimensions: 30x9
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Dining Room
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 195
- Dimensions: 13x15
Features
- High Ceilings,Kitchen Island
- Window features: Wood Work Painted
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,534
- Total interior livable area: 1,534 sqft
Kitchen
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 156
- Dimensions: 13x12
Living Room
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 182
- Dimensions: 13x14
Master Bedroom
- Level: Upper
- Area: 182
- Dimensions: 13x14
Mud Room
- Features: Luxury Vinyl Plank
- Level: Main
- Area: 24
- Dimensions: 4x6
Property
Details
- Parcel number: 491007140014000101
- Attached to another structure: Yes
- Horse amenities: None
Features
- Levels: Multi/Split
- Patio & porch: Covered,Patio
- Exterior features: Lighting,Other
- Fencing: Fenced,Full,Privacy
- Has view: Yes
- View description: City,Neighborhood
Lot
- Lot size: 2,613 sqft
- Features: Access,Curbs,Sidewalks,Street Lights,Trees-Small (Under 20 Ft)
Parking
- Total spaces: 1
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,364 | $16,368 |
| Home Insurance * | $198 | $2,376 |
| Property Taxes | $552 | $6,624 |
| Electricity | $184 | $2,212 |
| Total | $2,298 | $27,576 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
Hail
WindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $280,000 |
| 2026-01-01 | Listing removed | $290,000 |
| 2025-07-17 | Price change | $290,000 |
| 2025-05-16 | Listed for sale | $300,000 |
| 2022-10-10 | Listing removed | -- |
| 2022-09-29 | Pending sale | $252,400 |
| 2022-09-27 | Sold | $238,000 |
| 2022-08-02 | Pending sale | $252,400 |
| 2022-07-07 | Listed for sale | $252,400 |
| 2022-07-06 | Pending sale | $252,400 |
| 2022-06-28 | Price change | $252,400 |
| 2022-06-14 | Listed for sale | $259,000 |
| 2022-06-02 | Listing removed | -- |
| 2022-05-26 | Listed for sale | $259,000 |
| 2019-11-16 | Listing removed | $1,450 |
| 2019-11-01 | Listed for rent | $1,450 |
| 2019-10-07 | Sold | $213,000 |
| 2019-08-22 | Pending sale | $239,000 |
| 2019-08-14 | Listed for sale | $239,000 |
| 2017-12-08 | Listing removed | $1,250 |
| 2017-10-20 | Listed for rent | $1,250 |
| 2014-07-19 | Sold | $49,000 |
| 2012-09-18 | Listing removed | $695 |
| 2012-07-18 | Listed for rent | $695 |
View on Zillow