Fantastic, recent gut to studs rebuilt 3 bed, 2.5 bath main house and new construction 2 car garage with separate carriage house in ideal Fountain Square location! Currently operated as two separate Airbnb units with unanimous 5* ratings and completely separate entrances. The main house has 3 bedrooms, 2.5 baths spread over 1771 square feet offering a gourmet kitchen open to dining room and great room with high ceilings, first floor spacious owners suite which includes a walk-in closet, double vanity, and blue tooth speaker, powder room, easy access to back deck and well maintained back yard with irrigation system. Upstairs are two light and bright bedrooms and shared full bathroom! The 528 sq foot carriage house built over the two car garage has its own own separate entrance, kitchen and full bath for perfect studio living space. Combined, there is 2,299 sq ft of living space! This is an ideal property to add to your existing portfolio - or live in the main unit and maintain the studio as an investment with outstanding income or used as a separate home office/guest suite/recreation room!
Sold
$549,900
1306 Olive St, Indianapolis, IN 46203
3beds
1,771sqft
Residential, Single Family Residence
Built in 1880
4,356 Square Feet Lot
$559,900 Zestimate®
$311/sqft
$2,259 Estimated rent
Home value
$559,900
$510,000 - $610,000
$2,259/mo
Zestimate® history
Owner options
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$3,428/mo
Est. payment
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$3,428/mo
Est. payment
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List your homeWhat's special
Back deckDouble vanityHigh ceilingsLight and bright bedroomsPerfect studio living spaceIrrigation systemGourmet kitchen
Zillow last checked:
Listing updated:
Listing Provided by:
Lisa Phillips 317-219-9277,
Compass Indiana, LLC,
David Tang 925-570-4823,
Compass Indiana, LLC
Bought with:
Nathan Inskeep
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22016874
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Features: Laminate Hardwood
- Level: Main
- Area: 228 Square Feet
- Dimensions: 19x12
Bedroom 2
- Features: Carpet
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 3
- Features: Carpet
- Level: Upper
- Area: 169 Square Feet
- Dimensions: 13x13
Dining room
- Features: Laminate Hardwood
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Kitchen
- Features: Laminate Hardwood
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15x10
Living room
- Features: Laminate Hardwood
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Disposal, Gas Water Heater, Gas Oven, Range Hood, Refrigerator, Water Softener Owned
- Laundry: Main Level
Features
- Kitchen Island, Eat-in Kitchen, Smart Thermostat
- Windows: Wood Work Painted
- Has basement: No
Interior area
- Total structure area: 1,771
- Total interior livable area: 1,771 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener, Heated, Other
- Garage spaces: 2
- Details: Garage Parking Other(Finished Garage)
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Covered
- Exterior features: Sprinkler System
- Fencing: Fenced,Fence Full Rear
Lot
- Size: 4,356 sqft
- Features: City Lot, Sidewalks, Street Lights
Details
- Additional structures: Guest House
- Parcel number: 491018231038000101
- Special conditions: Sales Disclosure Supplements
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Block, Brick/Mortar
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1880
Utilities & green energy
- Water: Municipal/City
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Fountain Square
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2025 | Sold | $549,900$311/sqft |
Source:  MIBOR as distributed by MLS GRID #22016874 Report a problem | ||
| 3/12/2025 | Pending sale | $549,900$311/sqft |
Source: MIBOR as distributed by MLS GRID #22016874 Report a problem | ||
| 2/26/2025 | Price change | $549,900-3.5%$311/sqft |
Source: MIBOR as distributed by MLS GRID #22016874 Report a problem | ||
| 1/7/2025 | Listed for sale | $569,900+3.6%$322/sqft |
Source: MIBOR as distributed by MLS GRID #22016874 Report a problem | ||
| 10/17/2022 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21887756 Report a problem | ||
| 10/14/2022 | Listed for sale | $550,000+52.8%$311/sqft |
Source: MIBOR as distributed by MLS GRID #21887756 Report a problem | ||
| 6/25/2020 | Sold | $360,000-2.7%$203/sqft |
Source: MIBOR as distributed by MLS GRID #21714807 Report a problem | ||
| 5/28/2020 | Pending sale | $370,000$209/sqft |
Source: Keller Williams Indpls Metro N #21714807 Report a problem | ||
| 5/28/2020 | Listed for sale | $370,000$209/sqft |
Source: Keller Williams Indpls Metro N #21714807 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,599 +2.8% | $538,000 +10.1% |
| 2024 | $11,288 +75% | $488,800 +5% |
| 2023 | $6,449 +18.8% | $465,500 +2.1% |
| 2022 | $5,430 +434.1% | $455,800 +17.7% |
| 2021 | $1,017 -45.4% | $387,100 +291% |
| 2020 | $1,860 +288% | $99,000 +25.6% |
| 2019 | $479 +12.9% | $78,800 +8.8% |
| 2018 | $425 -1.2% | $72,400 +6% |
| 2017 | $430 0% | $68,300 +7.6% |
| 2016 | $430 +20.9% | $63,500 +5.5% |
| 2014 | $356 +4.6% | $60,200 +26.5% |
| 2013 | $340 | $47,600 -8.8% |
| 2012 | $340 | $52,200 +8.5% |
| 2011 | -- | $48,100 |
| 2010 | $285 +8.4% | $48,100 -2% |
| 2009 | $263 | $49,100 -9.1% |
| 2007 | -- | $54,000 -6.9% |
| 2006 | -- | $58,000 +27.5% |
| 2005 | -- | $45,500 |
| 2004 | -- | $45,500 |
| 2003 | -- | $45,500 +152.8% |
| 2002 | -- | $18,000 +200% |
| 2001 | -- | $6,000 +51.1% |
| 2000 | -- | $3,970 |
Find assessor info on the county website
Neighborhood: Fountain Square
Nearby schools
GreatSchools rating
- 6/10William McKinley School 39Grades: PK-5Distance: 0.8 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 2.1 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$559,900
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$559,900
- Indiana
- Marion County
- Indianapolis
- 46203
- Fountain Square
- 1306 Olive St
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