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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.
Property Type(s):
Single Family
| Last Updated | 2/14/2026 | Tract | Fletcher Woodlawn |
|---|---|---|---|
| Year Built | 1945 | Community | 4910 - Marion - Center |
| Garage Spaces | 2.0 | County | Marion |
Additional Details
| AIR | Central Air, Wall Unit(s), Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Washer, Water Heater |
| AREA | 4910 - Marion - Center |
| BASEMENT | Interior Entry, Yes |
| CONSTRUCTION | Aluminum Siding, Brick, Wood Siding |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Forced Air |
| INTERIOR | High Ceilings, Kitchen Island, Vaulted Ceiling(s), Walk-in Closet(s) |
| LOT | 3920 sq ft |
| PARKING | Attached, Garage Door Opener |
| STORIES | 1.5 |
| STYLE | Craftsman |
| SUBDIVISION | Fletcher Woodlawn |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with Highgarden Real Estate
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.

