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  • $395,000

    735 Lexington Ave APT 15, Indianapolis, IN 46203

    2beds
    2,014sqft
    Residential, Condominium
    Built in 1900
    -- sqft lot
    $396,200 Zestimate®
    $196/sqft
    $3,272 Estimated rent

    Home value

    $396,200

    $376,000 - $416,000

    $3,272/mo

    Zestimate® history
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    What's special

    Modern finishesDetached two-car garageLoft-style primary suiteAttached private two-car garageStriking architectural elementOpen-concept floor planImpressive spa-like bathroom
    One-of-a-Kind Architectural Loft in the Heart of Fletcher Place Discover a truly one-of-a-kind residence where history, architecture, and modern design come together in one of Indianapolis' most sought-after neighborhoods. Perfectly positioned in Fletcher Place/Holy Rosary, this extraordinary three-story condo is just one block from Virginia Avenue, the Indianapolis Cultural Trail, and moments from the best dining, entertainment, and nightlife of Fountain Square and Downtown Indianapolis. The defining feature of this home is its iconic architectural smokestack-a dramatic industrial centerpiece that rises from the private ground-floor entrance and detached two-car garage through all three levels of the home. Thoughtfully integrated into the design, this striking architectural element creates unforgettable spaces, serving as a focal point in the main living areas, surrounding the spa-inspired soaking tub in the primary suite, and even incorporated into one of the home's bathrooms. Inside, you'll find an open-concept floor plan filled with character and contemporary style. The beautifully updated kitchen features modern finishes and flows seamlessly into the spacious living and dining areas, creating the perfect setting for entertaining. Upstairs, the loft-style primary suite offers a private retreat with an impressive spa-like bathroom and a unique blend of industrial charm and modern luxury. With its rare architectural character, attached private two-car garage, private entrance, and unbeatable walkability to some of Indianapolis' most vibrant restaurants, coffee shops, breweries, parks, and entertainment, this is far more than a condo-it's a lifestyle. Opportunities to own a residence this distinctive are exceptionally rare.

    Zillow last checked:

    Listing updated:

    Listed by:

    Leyton Wellbaum 317-698-3575,

    Highgarden Real Estate,

    Laura Waters

    Bought with:

    Brooke Arnold

    BluPrint Real Estate Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22111660MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Bedroom 2
    • Level: Upper
    • Area: 140 Square Feet
    • Dimensions: 14x10
    Other
    • Level: Upper
    • Area: 736 Square Feet
    • Dimensions: 32x23
    Dining room
    • Level: Upper
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Great room
    • Level: Main
    • Area: 391 Square Feet
    • Dimensions: 23x17
    Kitchen
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 18x08
    Heating
    • Forced Air, Heat Pump, Electric
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Electric Water Heater
    • Laundry: Upper Level
    Features
    • Built-in Features, Entrance Foyer, Wet Bar
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Great Room, Wood Burning
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 2,014
    • Total interior livable area: 2,014 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Concrete, Detached
    • Garage spaces: 2
    Features
    • Levels: Three Or More
    • Entry location: Building Common Entry,Building Private Entry
    • Patio & porch: Patio
    Lot
    • Features: Corner Lot, Sidewalks, On Trail, Mature Trees
    Details
    • Parcel number: 491112236095000101
    • Horse amenities: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Residential, Condominium
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: Union Laundry Lofts
    HOA
    • Has HOA: Yes
    • Services included: Association Builder Controls, Common Heat, Insurance, Irrigation, Lawncare, Maintenance Structure, Management, Snow Removal, Trash
    • HOA fee: $350 monthly
    • HOA phone: 317-545-0105
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $196/sqft
    • Tax assessed value: $325,700
    • Annual tax amount: $7,136
    • Date on market: 7/2/2026
    • Cumulative days on market: 32 days

    Price history

    DateEventPrice
    9/3/2026Sold$395,000-1%$196/sqft
    Source: MIBOR as distributed by MLS GRID #22111660 Report a problem
    8/3/2026Pending sale$399,000$198/sqft
    Source: MIBOR as distributed by MLS GRID #22111660 Report a problem
    7/23/2026Price change$399,000-6.1%$198/sqft
    Source: MIBOR as distributed by MLS GRID #22111660 Report a problem
    7/2/2026Listed for sale$425,000-18.3%$211/sqft
    Source: MIBOR as distributed by MLS GRID #22111660 Report a problem
    6/23/2022Listing removed--
    Source: MIBOR as distributed by MLS GRID #21860121 Report a problem
    6/14/2022Price change$520,000-1%$258/sqft
    Source: MIBOR as distributed by MLS GRID #21860121 Report a problem
    5/31/2022Listed for sale$525,000+34.6%$261/sqft
    Source: MIBOR as distributed by MLS GRID #21860121 Report a problem
    3/18/2019Listing removed$1,999$1/sqft
    Source: FS Houses - Property Management 317 LLC Report a problem
    2/14/2019Price change$1,999-13.1%$1/sqft
    Source: FS Houses - Property Management 317 LLC Report a problem
    1/23/2019Price change$2,300-8%$1/sqft
    Source: FS Houses - Property Management 317 LLC Report a problem
    12/25/2018Listed for rent$2,500$1/sqft
    Source: Carpenter Realtors, Inc. #21588541 Report a problem
    12/24/2018Listing removed$389,900$194/sqft
    Source: Carpenter Realtors, Inc. #21570550 Report a problem
    8/10/2018Price change$389,900-2.5%$194/sqft
    Source: Carpenter Realtors, Inc. #21570550 Report a problem
    7/5/2018Price change$399,900-7%$199/sqft
    Source: Carpenter Realtors, Inc. #21570550 Report a problem
    6/7/2018Price change$430,000-4.4%$214/sqft
    Source: Carpenter Realtors, Inc. #21570550 Report a problem
    5/31/2018Listed for sale$450,000+125%$223/sqft
    Source: Carpenter Realtors, Inc. #21570550 Report a problem
    6/26/2015Sold$200,000-8.7%$99/sqft
    Source: Public Record Report a problem
    4/13/2015Price change$219,000-20.5%$109/sqft
    Source: Metropolitan Indianapolis Board of REALTORS #21328210 Report a problem
    12/13/2014Listed for sale$275,600+32%$137/sqft
    Source: CENTURY 21 Diversified Realty #21328210 Report a problem
    11/6/2014Sold$208,742-13%$104/sqft
    Source: Public Record Report a problem
    12/1/2012Listing removed$239,900$119/sqft
    Source: Scyamore Group Realtors #21033375 Report a problem
    4/20/2012Listed for sale$239,900-17.2%$119/sqft
    Source: Scyamore Group Realtors #21033375 Report a problem
    7/20/2010Price change$289,900-3.3%$144/sqft
    Source: Prudential Real Estate #21033375 Report a problem
    6/25/2010Listed for sale$299,900-25%$149/sqft
    Source: Prudential Real Estate #21033375 Report a problem
    5/9/2008Listing removed$399,900$199/sqft
    Source: Century 21 Report a problem
    3/5/2008Listed for sale$399,900$199/sqft
    Source: Century 21 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,138 +0.3%$325,700 +8.3%
    2024$7,116 -18%$300,800 -16.7%
    2023$8,679 +81.7%$361,200 -1.7%
    2022$4,778 -21.6%$367,600 +77.5%
    2021$6,093 +6.5%$207,100 -21.3%
    2020$5,723 +20%$263,100 +8.5%
    2019$4,767 +11.5%$242,400 +21.1%
    2018$4,274 -7%$200,100 +0.2%
    2017$4,594 -21.5%$199,800 -8.7%
    2016$5,854 +57.2%$218,900 +26.9%
    2014$3,725 +101.5%$172,500
    2013$1,848 $172,500 +3.3%
    2012$1,848 $167,000 -18.3%
    2011-- $204,400
    2010$2,119 -15.5%$204,400 -13.5%
    2009$2,508 $236,400
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $396,200
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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
    $396,200