What we have here is an EXCELLENT opportunity for someone with vision (and cash) to reinvent a gem in the heart of Fountain Square! Located on one of the most lovely streets in the neighborhood, this turn-of-the-century gal is ready for her transformation. She's been a rental for a long, long time; and no one has ever really considered the potential she has to become a spacious, modern beauty. With some floor plan alterations, she can be a magnificent 3BR/2BA home with a primary suite on the main floor and a gracious open floor plan for entertaining and daily living. Her detached garage & workshop frames the backyard ripe for a courtyard patio (think string lights & potted plants & a grill simmering nearby on a lovely summer evening), and the two enclosed porches at front & rear offer opportunities for incremental living spaces, such as an office, library, breakfast room or whatever you need. Bring your vision & your hardhat, and let's see what you can do to unearth the potential that will make her shine. An anticipated resale value between $325,000-350,000! ** ALL OFFERS DUE BY NOON 3/23/2026 **
Sold
$175,000
1432 Lexington Ave, Indianapolis, IN 46203
2beds
2,478sqft
Residential, Single Family Residence
Built in 1900
3,920 Square Feet Lot
$176,200 Zestimate®
$71/sqft
$2,355 Estimated rent
Home value
$176,200
$166,000 - $187,000
$2,355/mo
Zestimate® history
Owner options
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$2,355/mo
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$880/mo
Est. payment
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$880/mo
Est. payment
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List your homeWhat's special
Detached garage and workshopSpacious modern beauty
Zillow last checked:
Listing updated:
Listed by:
Jennifer Blandford 317-847-2695,
Carpenter, REALTORS®
Bought with:
Ashton Harris
The Stewart Home Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22090443
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 256 Square Feet
- Dimensions: 16x16
Bedroom 2
- Level: Upper
- Area: 196 Square Feet
- Dimensions: 14x14
Bonus room
- Features: Other
- Level: Main
- Area: 276 Square Feet
- Dimensions: 23x12
Dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16x10
Laundry
- Features: Tile-Ceramic
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12x8
Living room
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Loft
- Level: Upper
- Area: 196 Square Feet
- Dimensions: 14x14
Sun room
- Level: Main
- Area: 112 Square Feet
- Dimensions: 16x7
Heating
- Forced Air, Natural Gas
Cooling
- None, Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
- Laundry: Connections All, Main Level
Features
- Cathedral Ceiling(s), High Speed Internet
- Basement: Cellar,Unfinished
Interior area
- Total structure area: 2,478
- Total interior livable area: 2,478 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Fencing: Fenced,Full,Privacy
Lot
- Size: 3,920 Square Feet
- Features: City Lot, Curbs, Sidewalks, Storm Sewer, Street Lights
Details
- Parcel number: 491007112031000101
- Special conditions: As Is,Estate,Fixer Upper
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block, Brick/Mortar, Cellar
Condition
- Fixer
- New construction: No
- Year built: 1900
Utilities & green energy
- Water: Public
- Utilities for property: Sep Electric Meter, Sep Gas Meter, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Spann & Cos 2nd Woodlawn Add
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $71/sqft
- Tax assessed value: $89,800
- Annual tax amount: $2,142
- Date on market: 3/20/2026
- Cumulative days on market: 4 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Sold | $175,000+16.7%$71/sqft |
Source:  MIBOR as distributed by MLS GRID #22090443 Report a problem | ||
| 3/23/2026 | Pending sale | $150,000$61/sqft |
Source: MIBOR as distributed by MLS GRID #22090443 Report a problem | ||
| 3/20/2026 | Listed for sale | $150,000+5334.8%$61/sqft |
Source: MIBOR as distributed by MLS GRID #22090443 Report a problem | ||
| 1/24/2025 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/20/2024 | Price change | $1,400-12.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/23/2024 | Listed for rent | $1,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/13/2011 | Sold | $2,760$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,143 +2.5% | $89,800 -0.6% |
| 2024 | $2,090 +3.2% | $90,300 +2.5% |
| 2023 | $2,026 +3.3% | $88,100 +2.7% |
| 2022 | $1,961 -24.7% | $85,800 -30.3% |
| 2021 | $2,605 +704.3% | $123,100 +9.4% |
| 2020 | $324 +7% | $112,500 +733.3% |
| 2019 | $303 +4.8% | $13,500 +8% |
| 2018 | $289 -6.5% | $12,500 +5% |
| 2017 | $309 +32.4% | $11,900 +7.2% |
| 2016 | $233 -14.3% | $11,100 -83.3% |
| 2014 | $272 -37.1% | $66,500 +9.6% |
| 2013 | $433 | $60,700 -4.1% |
| 2012 | $433 | $63,300 +3.8% |
| 2011 | -- | $61,000 |
| 2010 | $386 +26.2% | $61,000 +10.5% |
| 2009 | $306 | $55,200 -2.6% |
| 2007 | -- | $56,700 +25.7% |
| 2006 | -- | $45,100 +13% |
| 2005 | -- | $39,900 |
| 2004 | -- | $39,900 |
| 2003 | -- | $39,900 +94.6% |
| 2002 | -- | $20,500 +200.1% |
| 2001 | -- | $6,830 |
| 2000 | -- | $6,830 |
Find assessor info on the county website
Neighborhood: Fountain Square
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Nearby schools
GreatSchools rating
- 6/10William McKinley School 39Grades: PK-5Distance: 0.3 mi
- 5/10HW Longfellow Med/STEM Magnet MidlGrades: 6-8Distance: 0.2 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$176,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$176,200
- Indiana
- Marion County
- Indianapolis
- 46203
- Fountain Square
- 1432 Lexington Ave
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