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  • Price cut: $10.1K (6/19)
    $269,900

    923 S State Ave, Indianapolis, IN 46203

    3beds
    1,638sqft
    : 
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    Residential, Single Family Residence
    Built in 2016
    2,178 Square Feet Lot
    $-- Zestimate®
    $165/sqft
    $-- HOA

    What's special

    Cozy patio spaceBoutique-style finishesWarm and inviting layout
    Located in the heart of Fountain Square, one of Indianapolis's most sought-after and vibrant neighborhoods, this charming 3-bedroom, 1.5-bath multi-level traditional American town home offers the perfect blend of character, convenience, and income potential. Step inside to discover a warm and inviting layout designed for both everyday living and entertaining. The home features boutique-style finishes that elevate its appeal, while the multi-level design provides functional separation of space. Outside, enjoy a fully fenced rear yard with privacy fencing-ideal for gatherings, pets, or simply relaxing-complete with a cozy patio space. A one-car garage adds additional convenience and storage. What truly sets this property apart is its proven performance as a short-term rental. Current ownership has demonstrated strong Airbnb income potential, making this an exceptional opportunity for investors or those seeking supplemental income. Situated just minutes from downtown, you'll enjoy easy access to major highways, local hotspots, dining, nightlife, and entertainment. Whether you're exploring the eclectic charm of Fountain Square or heading into downtown Indianapolis for work or play, this location delivers unmatched accessibility and lifestyle appeal. Don't miss your chance to own a home that offers not just a place to live-but a smart investment in one of Indianapolis' most dynamic communities.
    67 days
    |
    177
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    James Gilday 317-797-5062,

    eXp Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22100162MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Upper
      • Area: 182 Square Feet
      • Dimensions: 13x14
      Bedroom 2
      • Level: Upper
      • Area: 110 Square Feet
      • Dimensions: 11x10
      Bedroom 3
      • Level: Upper
      • Area: 270 Square Feet
      • Dimensions: 30x9
      Dining room
      • Level: Main
      • Area: 195 Square Feet
      • Dimensions: 13x15
      Kitchen
      • Features: Other
      • Level: Main
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Living room
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 13x14
      Mud room
      • Features: Other
      • Level: Main
      • Area: 24 Square Feet
      • Dimensions: 4x6
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer, Microwave
      • Laundry: Connections All, Upper Level
      Features
      • High Ceilings
      • Windows: Wood Work Painted
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 1,638
      • Total interior livable area: 1,638 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached
      • Garage spaces: 1
      • Details: Garage Parking Other(Guest Street Parking, Keyless Entry)
      Features
      • Levels: Multi/Split
      • Patio & porch: Covered, Patio
      • Exterior features: Lighting, Smart Lock(s)
      • Fencing: Fenced,Full,Privacy
      • Has view: Yes
      • View description: City, Neighborhood
      Lot
      • Size: 2,178 Square Feet
      Details
      • Parcel number: 491007140014001101
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Residential, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      • Foundation: Crawl Space
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 2016

      Utilities & green energy

      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Low Maintenance Lifestyle, Street Lights, Sidewalks, Suburban
      • Security: Smoke Detector(s)
      • Subdivision: Fountain Square
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $165/sqft
      • Tax assessed value: $257,500
      • Annual tax amount: $6,272
      • Date on market: 5/6/2026
      • Cumulative days on market: 70 days
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/19/2026Price change$269,900-3.6%$165/sqft
        Source: MIBOR as distributed by MLS GRID #22100162 Report a problem
        5/6/2026Listed for sale$280,000-3.4%$171/sqft
        Source: MIBOR as distributed by MLS GRID #22100162 Report a problem
        1/1/2026Listing removed$290,000$177/sqft
        Source: MIBOR as distributed by MLS GRID #22037118 Report a problem
        7/17/2025Price change$290,000-3.3%$177/sqft
        Source: MIBOR as distributed by MLS GRID #22037118 Report a problem
        5/16/2025Listed for sale$300,000+35.1%$183/sqft
        Source: MIBOR as distributed by MLS GRID #22037118 Report a problem
        9/27/2022Sold$222,000-4.5%$136/sqft
        Source: MIBOR as distributed by MLS GRID #21863376 Report a problem
        8/2/2022Pending sale$232,400$142/sqft
        Source: MIBOR as distributed by MLS GRID #21863376 Report a problem
        7/7/2022Listed for sale$232,400$142/sqft
        Source: MIBOR as distributed by MLS GRID #21863376 Report a problem
        7/6/2022Pending sale$232,400$142/sqft
        Source: MIBOR as distributed by MLS GRID #21863376 Report a problem
        6/28/2022Price change$232,400-3.1%$142/sqft
        Source: MIBOR as distributed by MLS GRID #21863376 Report a problem
        6/14/2022Listed for sale$239,900+4.3%$146/sqft
        Source: MIBOR as distributed by MLS GRID #21863376 Report a problem
        12/10/2021Listing removed--
        Source: RE/MAX International Report a problem
        11/2/2021Price change$1,495-6.3%$1/sqft
        Source: RE/MAX International #21818201 Report a problem
        5/15/2021Listing removed--
        Source: RE/MAX International Report a problem
        5/4/2021Listed for rent$1,595$1/sqft
        Source: RE/MAX International #21780654 Report a problem
        3/23/2021Price change$229,900-4.2%$140/sqft
        Source: MIBOR as distributed by MLS GRID #21763320 Report a problem
        3/4/2021Price change$239,900-2.1%$146/sqft
        Source: MIBOR as distributed by MLS GRID #21763320 Report a problem
        2/22/2021Price change$245,000-2%$150/sqft
        Source: MIBOR as distributed by MLS GRID #21763320 Report a problem
        2/1/2021Listed for sale$250,000$153/sqft
        Source: MIBOR as distributed by MLS GRID #21763320 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,272 +0.6%$257,500 -2.6%
        2024$6,234 +2.7%$264,300 +0.6%
        2023$6,070 +11.8%$262,800 +2.2%
        2022$5,428 +10.1%$257,100 +9.3%
        2021$4,930 $235,300 +10.5%
        2020-- $212,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Fountain Square

        Getting around

        68 / 100
        Somewhat Walkable
        37 / 100
        Some Transit
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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