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1120 Fletcher Ave, Indianapolis, IN, 46203

4beds
4baths
3,294sqft
$650,000
$197price/sqft
$4,764/moest. monthly cost
$190,560/yrincome needed

About This Home

Extra buildable lot? Main floor primary?? Welcome to this absolutely stunning newer two-story home, perfectly situated on a quiet street in the heart of Fountain Square. Thoughtfully reimagined from top to bottom, this exceptional property is designed to impress even the most discerning buyer. Step inside to a dramatic entry featuring soaring 20+ foot ceilings and striking hardwood floors that set the stage for the quality found throughout. The inviting living room flows seamlessly into the dining area, complete with a custom built-in buffet-ideal for both everyday living and entertaining. The beautifully redesigned kitchen is truly the heart of the home and the star of the show. Showcasing custom Quartz waterfall countertops, abundant cabinetry, an oversized island with seating, and top-of-the-line appliances, this space is bathed in natural light from perfectly placed windows and is built for gathering, cooking, and making memories. A highly sought-after main-floor primary suite-rare in downtown living-adds exceptional convenience and comfort. Upstairs, you'll find a second primary suite with access to a spacious balcony overlooking the city, along with two additional well-appointed bedrooms, a full bath, and an open loft area ideal for a home office, media room, or play space. All upper-level carpeting is brand new. Outside, enjoy an expansive deck, a privacy-fenced yard, and remarkable green space made even more special by the inclusion of a separately parceled, buildable lot-an incredibly rare offering in today's downtown market. Additional highlights include a two-car garage & an extra parking pad. The second parcel, known as 1124 Fletcher Ave has a value of at least $100K and is included in this sales price. Sellers may be interested in selling the house on its single lot and then selling the lot off separately, but prefer to sell as a package.

Getting Around

85
WalkingVery Walkable
45
TransitSome Transit
92
BikeBiker's Paradise

Schools

7/10
1/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1870

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Cement Siding,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,MicroHood,Electric Oven,Refrigerator,Electric Water Heater
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Level: Upper
  • Area: 208
  • Dimensions: 16x13

Bedroom3

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Bedroom4

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 180
  • Dimensions: 12x15

Features

  • Hardwood Floors
  • Flooring: Hardwood
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,294
  • Total interior livable area: 3,294 sqft

Kitchen

  • Level: Main
  • Area: 252
  • Dimensions: 12x21

Living Room

  • Level: Main
  • Area: 384
  • Dimensions: 24x16

Loft

  • Level: Upper
  • Area: 224
  • Dimensions: 14x16

Master Bedroom

  • Level: Main
  • Area: 192
  • Dimensions: 16x12

Property

Details

  • Parcel number: 491007155047000101
  • Special condition: Sales Disclosure Supplements
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered
  • Exterior features: Balcony

Lot

  • Lot size: 7,405 sqft
  • Features: City Lot,Curbs,Sidewalks,Storm Sewer,Street Lights,Mature Trees

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance *$479$5,748
Property Taxes $698$8,376
Electricity $301$3,623
Total$4,764$57,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$163,337/yr
40% on housing$142,920/yr
45% on housing$127,040/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$197This listing

vs Other Active Listings

Avg $/sqft

ZIP 46203$117
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46203$129
Marion County$131

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

DateEventPrice
2026-04-30Price change$675,000
2026-03-18Price change$695,000
2026-02-12Listed for sale$750,000
2019-07-17Sold$365,460
2019-06-28Pending sale$395,000
2019-06-24Price change$395,000
2019-06-03Price change$424,900
2019-05-20Listed for sale$449,900
2018-12-25Listing removed$449,900
2018-12-03Pending sale$449,900
2018-11-09Listed for sale$449,900
2015-01-21Sold$273,000
2014-11-12Listed for sale$285,000
2014-01-29Sold$40,000

For Sale by Agent

AgentRob Measel
BrokerageF.C. Tucker Company

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