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Sold
    • $440,000

    1406 Fletcher Ave, Indianapolis, IN 46203

    3beds
    2,640sqft
    Residential, Single Family Residence
    Built in 1945
    3,920 Square Feet Lot
    $440,400 Zestimate®
    $167/sqft
    $2,288 Estimated rent

    Home value

    $440,400

    $414,000 - $471,000

    $2,288/mo

    Zestimate® history
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    $2,773/mo

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    What's special

    Classic windowsDetached carriage home aduSolid wood trimRich hardwood floors throughout
    Classic character. Modern income. Prime location. Welcome to the charm of the past blended seamlessly with the future in one of Indy's most sought-after downtown neighborhoods, Fountain Square. This 2-bedroom home showcases rich hardwood floors throughout, a gourmet-style kitchen built for gathering, and a stunning original fireplace wrapped in intricate tile work that gives the space warmth and personality. Solid wood trim and classic windows highlight the craftsmanship and detail that make historic homes in this area so desirable. Out back, the opportunity gets even better: a detached carriage home ADU built in 2024 that's already generating $1,500 per month in rental income. Whether you're offsetting your mortgage, building long-term wealth, or creating a flexible living setup, this property delivers built-in income from day one. Historic charm in the front. Modern cash flow in the back. In a location that continues to appreciate and attract. This is the kind of property that works for you.

    Zillow last checked:

    Listing updated:

    Listed by:

    Laura Waters 765-418-0985,

    Highgarden Real Estate,

    Leyton Wellbaum,

    Highgarden Real Estate

    Bought with:

    Mia Schulte

    eXp Realty LLC

    Alex Montagano

    eXp Realty LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22084080MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Bedroom 2
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Dining room
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Kitchen
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 224 Square Feet
    • Dimensions: 16x14
    Living room
    • Level: Main
    • Area: 224 Square Feet
    • Dimensions: 16x14
    Heating
    • Forced Air
    Cooling
    • Central Air, Window Unit(s), Wall Unit(s)
    Appliances
    • Included: Gas Cooktop, Dishwasher, Electric Water Heater, Disposal, Gas Oven, Refrigerator, Microwave, Water Heater, Washer, Dryer
    Features
    • High Ceilings, Kitchen Island, Hardwood Floors, Walk-In Closet(s)
    • Flooring: Hardwood
    • Basement: Interior Entry
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Living Room
    Interior area
    • Total structure area: 2,640
    • Total interior livable area: 2,640 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One Leveland + Loft,One and One Half
    • Stories: 1
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 3,920 Square Feet
    Details
    • Additional structures: Guest House
    • Parcel number: 491007112340001101
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Residential, Single Family Residence
    Materials
    • Aluminum Siding, Wood Siding, Brick
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Fletcher Woodlawn
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $167/sqft
    • Tax assessed value: $304,000
    • Annual tax amount: $7,154
    • Date on market: 2/14/2026
    • Cumulative days on market: 27 days

    Price history

    DateEventPrice
    4/13/2026Sold$440,000-2.2%$167/sqft
    Source: MIBOR as distributed by MLS GRID #22084080 Report a problem
    3/15/2026Listing removed$2,400$1/sqft
    Source: Zillow Rentals Report a problem
    3/13/2026Pending sale$450,000$170/sqft
    Source: MIBOR as distributed by MLS GRID #22084080 Report a problem
    2/16/2026Listed for rent$2,400+50%$1/sqft
    Source: Zillow Rentals Report a problem
    2/14/2026Listed for sale$450,000+200%$170/sqft
    Source: MIBOR as distributed by MLS GRID #22084080 Report a problem
    2/23/2021Listing removed--
    Source: Owner Report a problem
    11/8/2020Listing removed$1,600$1/sqft
    Source: Owner Report a problem
    11/3/2020Listed for rent$1,600$1/sqft
    Source: Owner Report a problem
    7/13/2020Sold$150,000$57/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,155 +108.6%$304,000 +0.8%
    2024$3,430 $301,500 +108.5%
    2023-- $144,600 -7%
    2022$3,350 +120.2%$155,500 +7.1%
    2021$1,521 +190.2%$145,200 +8.4%
    2020$524 +6.5%$133,900 +95.5%
    2019$492 +12.1%$68,500 +9.6%
    2018$439 -4.8%$62,500 +6.1%
    2017$462 +20%$58,900 +7.9%
    2016$385 +15.7%$54,600 +20%
    2014$332 -8.4%$45,500 +8.9%
    2013$363 $41,800 -3.7%
    2012$363 $43,400 -7.5%
    2011-- $46,900
    2010$366 +21.8%$46,900 +9.3%
    2009$300 $42,900 -2.5%
    2007-- $44,000 +25.4%
    2006-- $35,100 +11.1%
    2005-- $31,600
    2004-- $31,600 -17.1%
    2003-- $38,100 +120.2%
    2002-- $17,300 +191.2%
    2001-- $5,940
    2000-- $5,940
    Find assessor info on the county website

    Neighborhood: Fountain Square

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    Estimated market value
    $440,400
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    Estimated market value
    $440,400

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