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435 Virginia Ave Unit 203, Indianapolis, IN, 46203

3beds
3baths
1,938sqft
$515,000
$266price/sqft
$3,607/moest. monthly cost
$144,280/yrincome needed

About This Home

Experience refined urban living in this spacious, contemporary condominium in the heart of Fletcher Place-one of downtown Indianapolis' most vibrant and connected neighborhoods. Set within a secure, well-appointed building, this three-bedroom residence offers comfort, style, and low-maintenance living. The open floor plan features a thoughtfully designed kitchen with generous storage, custom granite countertops, and a convenient bar area ideal for everyday living or entertaining. A private balcony extends the living space outdoors with views of mature trees, a newly developed park, and the downtown skyline. Additional highlights include two secure parking spaces on the same level, a substantial private interior storage room, quality finishes throughout, secure building entry, fire sprinklers, and ample guest parking. Resort-style amenities include a fitness center, heated in-ground pool and spa, and secure parking-all professionally maintained. The HOA covers water, sewer, exterior maintenance, building insurance, and trash service, helping keep ownership simple. Just steps from Fletcher Place dining, neighborhood gathering spots, cultural amenities, downtown, and the IndyGo Red Line, this exceptional home offers an easy, connected lifestyle. Be sure to view the virtual tour linked below the primary photo for a complete look.

Getting Around

90
WalkingWalker's Paradise
62
TransitGood Transit
99
BikeBiker's Paradise

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2006

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Other

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Disposal,MicroHood,Electric Oven,Refrigerator,Washer,Water Softener Owned
  • Laundry features: In Unit

Bedroom2

  • Level: Main
  • Area: 198
  • Dimensions: 18x11

Bedroom3

  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Bedrooms & Bathrooms

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

Dining Room

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

Features

  • Double Vanity,Breakfast Bar,Built-in Features,High Ceilings,Elevator,Entrance Foyer,Hardwood Floors,High Speed Internet,Pantry,Smart Thermostat,Supplemental Storage,Walk-In Closet(s)
  • Flooring: Hardwood
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

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

Interior Area

  • Total structure area: 1,938
  • Total interior livable area: 1,938 sqft

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 304
  • Dimensions: 19x16

Laundry

  • Level: Main
  • Area: 20
  • Dimensions: 4x5

Living Room

  • Level: Main
  • Area: 210
  • Dimensions: 15x14

Master Bedroom

  • Level: Main
  • Area: 336
  • Dimensions: 28x12

Property

Details

  • Parcel number: 491112224011003101
  • Attached to another structure: Yes
  • Special condition: Sales Disclosure Supplements
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Entry location: Building Common Entry,Upper Level
  • Patio & porch: Covered
  • Has view: Yes
  • View description: Downtown,Skyline

Lot

  • Lot size: 435.60 sqft

Parking

  • Total spaces: 2
  • Parking features: Assigned,Attached,Common,Electric Gate,Guest
  • 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 $2,604$31,248
Home Insurance *$379$4,548
Property Taxes $440$5,280
Electricity $184$2,212
Total$3,607$43,284
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,668/yr
40% on housing$108,210/yr
45% on housing$96,186/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

$266This listing

vs Other Active Listings

Avg $/sqft

ZIP 46203$116
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
2026-04-29Listed for sale$522,210
2007-09-04Sold$479,881

For Sale by Agent

AgentDoug Dilling
BrokerageUnited Real Estate Indpls

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