Quiet and residential streetBeautifully renovated duplex
Welcome to a rare investment and lifestyle opportunity to own a beautifully renovated duplex in the heart of the desirable Fountain Square neighborhood on a quiet and residential street just two blocks from FS's vibrant center and iconic fountain, you'll enjoy easy access to popular restaurants, cafes, and local shopping. This high producing mid-term property has a 4.9-star airbnb review and has been completely transformed through an extensive gut renovation. Each side of the duplex is a 2-story townhouse with 3 bedrooms and 3.5 bathrooms and provides ideal separation between living and sleeping areas as well as an abundance of bathrooms for convenience for residents and guests alike. Additional highlights include 4 dedicated parking spaces created at the rear of the property. Currently operating as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with exceptional revenue, this property presents a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rentals.
48 days
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189
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9
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Zillow last checked:
Listing updated:
Listed by:
Lisa Phillips317-219-9277,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22105940
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 8
Heating
Forced Air
Cooling
Central Air
Features
Has basement: Yes
Property
Parking
Total spaces: 4
Parking features: Garage
Garage spaces: 4
Details: Unit Parking(Guest Parking)
Features
Levels: Two
Stories: 2
Lot
Size: 4,356 Square Feet
Details
Parcel number: 491113163046000101
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Duplex
Condition
New construction: No
Year built: 1920
Community & HOA
Community
Subdivision: Fountain Square
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $384,400
Annual tax amount: $8,784
Date on market: 6/8/2026
Cumulative days on market: 50 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/8/2026
Listed for sale
$825,000-2.9%
Source: MIBOR as distributed by MLS GRID #22105940Report a problem
6/1/2026
Listing removed
$850,000
Source: MIBOR as distributed by MLS GRID #22077875Report a problem
2/27/2026
Listed for sale
$850,000+390.7%
Source: MIBOR as distributed by MLS GRID #22077875Report a problem
8/21/2020
Sold
$173,230-8.3%
Source: MIBOR as distributed by MLS GRID #21729239Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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