316 S College Ave, Indianapolis, IN 46202

A rare opportunity to own one of Downtown Indianapolis' earliest all-brick Italianate homes. Built in 1872 and located in the heart of the Fletcher Place Historic District, this remarkable residence has stood the test of time for more than 150 years. Originally built for successful southside businessman Henry Laut, who called it home until his passing in 1925, the property has been lovingly cared for by its current owners for the past 15 years. Rich with original character, this home is ready for its next chapter. Whether you choose to thoughtfully update and personalize it or simply appreciate its timeless charm as it is, the possibilities are endless-and the pricing reflects the opportunity. The spacious main level offers an inviting blend of historic details and everyday functionality, featuring the original front parlor (currently used as a family room), a generous living room, an elegant dining room, a well-appointed kitchen with a center island, and a full bath. Upstairs, you'll find three spacious bedrooms and a second full bath. Situated on an extraordinary lot stretching nearly 200 feet deep, the outdoor space is a true urban retreat. Enjoy evenings around the firepit, tinker in the storage shed, or take advantage of the oversized 1.5-car detached garage with an attached covered carport. The true bonus is the highly sought-after, income-producing carriage house apartment above the garage. This open-concept, studio-style space includes a full kitchen and full bath, making it ideal for guests, rental income, or a private home office or creative studio. Topping it all off is the spectacular private rooftop deck, where you can unwind while taking in sweeping views of the Downtown skyline. All of this is just steps from Fletcher Place's acclaimed restaurants, parks, coffee shops, entertainment, and cultural attractions, offering an exceptional opportunity to own a piece of Indianapolis history while enjoying one of the city's most vibrant neighborhoods