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917 Lexington Ave, Indianapolis, IN, 46203

4beds
2baths
2,650sqft
$799,900
$302price/sqft
$5,585/moest. monthly cost
$223,400/yrincome needed

About This Home

Unobstructed views of Indy's skyline - unbelievable location and opportunity in historic North Square, the west end of Fountain Square! Home sits on the equivalent of 4 lots, with another lot across alley available. At the very end of Lexington and Elm streets. In the family since 1961, but now it's time to let it go. Home is centered on 0.35 acres, is 4BR, 1.5 BA's, has an upper balcony with even more stunning views. Oversized 2 car garage, and an extra gravel parking pad. Actually tons of parking for the city! Move-in ready with some cosmetics and updates needed, but also know this is likely a renovation or major investment/new build opportunity. Nearby Keep Indianapolis Beautiful has plantings across the street, for even more lovely greenspace. It is a city oasis! Walk to Amelia's, Hotel Tango, Siam Square, Fountain Square, Fletcher Place, the Cultural Trail, and yes, DQ. Earnest Money may be submitted via Earnnest. Click or visit https://www.callcarpenter.com/earnest-money. Property address, Buyer Agent name, and bank account info will be required. Check supplements for instructions.

Getting Around

82
WalkingVery Walkable
50
TransitGood Transit
97
BikeBiker's Paradise

Schools

7/10
1/10

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Block,Brick/Mortar
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Refrigerator
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Partial

Bedroom2

  • Level: Main
  • Area: 121
  • Dimensions: 11x11

Bedroom3

  • Level: Main
  • Area: 121
  • Dimensions: 11x11

Bedroom4

  • Level: Upper
  • Area: 143
  • Dimensions: 11x13

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 143
  • Dimensions: 11x13

Family Room

  • Features: Other
  • Level: Upper
  • Area: 170
  • Dimensions: 10x17

Features

  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Baseboard,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,650
  • Total interior livable area: 2,650 sqft

Kitchen

  • Level: Main
  • Area: 169
  • Dimensions: 13x13

Laundry

  • Level: Main
  • Area: 40
  • Dimensions: 5x8

Living Room

  • Level: Main
  • Area: 208
  • Dimensions: 13x16

Master Bedroom

  • Level: Upper
  • Area: 247
  • Dimensions: 13x19

Property

Details

  • Parcel number: 491112236406000101
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered
  • Fencing: Fenced,Chain Link,Fence Complete

Lot

  • Lot size: 0.35 Acres

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 $4,044$48,528
Home Insurance *$589$7,068
Property Taxes $710$8,520
Electricity $242$2,915
Total$5,585$67,020
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$191,485/yr
40% on housing$167,550/yr
45% on housing$148,933/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

$302This listing

vs Other Active Listings

Avg $/sqft

ZIP 46203$116
Marion County$124

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
2026-05-21Listed for sale$799,900

For Sale by Agent

AgentRichard Costello
BrokerageCarpenter, REALTORS®

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