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923 S State Ave, Indianapolis, IN, 46203

3beds
2baths
1,638sqft
$280,000
$171price/sqft
$2,012/moest. monthly cost
$80,480/yrincome needed

About This Home

Located in the heart of Fountain Square, one of Indianapolis's most sought-after and vibrant neighborhoods, this charming 3-bedroom, 1.5-bath multi-level traditional American town home offers the perfect blend of character, convenience, and income potential. Step inside to discover a warm and inviting layout designed for both everyday living and entertaining. The home features boutique-style finishes that elevate its appeal, while the multi-level design provides functional separation of space. Outside, enjoy a fully fenced rear yard with privacy fencing-ideal for gatherings, pets, or simply relaxing-complete with a cozy patio space. A one-car garage adds additional convenience and storage. What truly sets this property apart is its proven performance as a short-term rental. Current ownership has demonstrated strong Airbnb income potential, making this an exceptional opportunity for investors or those seeking supplemental income. Situated just minutes from downtown, you'll enjoy easy access to major highways, local hotspots, dining, nightlife, and entertainment. Whether you're exploring the eclectic charm of Fountain Square or heading into downtown Indianapolis for work or play, this location delivers unmatched accessibility and lifestyle appeal. Don't miss your chance to own a home that offers not just a place to live-but a smart investment in one of Indianapolis' most dynamic communities.

Getting Around

68
WalkingSomewhat Walkable
37
TransitSome Transit
84
BikeVery Bikeable

Schools

7/10
1/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2016

Materials

  • Foundation: Crawl Space
  • 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: Connections All,Upper Level

Bedroom2

  • Level: Upper
  • Area: 110
  • Dimensions: 11x10

Bedroom3

  • Level: Upper
  • Area: 270
  • Dimensions: 30x9

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 195
  • Dimensions: 13x15

Features

  • High Ceilings
  • Window features: Wood Work Painted
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 1,638
  • Total interior livable area: 1,638 sqft

Kitchen

  • Features: Other
  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Living Room

  • Level: Main
  • Area: 182
  • Dimensions: 13x14

Master Bedroom

  • Level: Upper
  • Area: 182
  • Dimensions: 13x14

Mud Room

  • Features: Other
  • Level: Main
  • Area: 24
  • Dimensions: 4x6

Property

Details

  • Parcel number: 491007140014001101
  • Attached to another structure: Yes
  • Horse amenities: None

Features

  • Levels: Multi/Split
  • Patio & porch: Covered,Patio
  • Exterior features: Lighting,Smart Lock(s)
  • Fencing: Fenced,Full,Privacy
  • Has view: Yes
  • View description: City,Neighborhood

Lot

  • Lot size: 2,178 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1