1406 Fletcher Avenue, IN 46203

$440,000
3
BD
2
BA
2,640
SqFt

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Sold Price
$440,000
List Price
$450,000
Status
SOLD
Days on Market
58
Closing Date
Apr 13, 2026
MLS#
22084080
Subtype
Residential
Year Built
1945
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
2,640
Acres
0.09
Subdivision
Fletcher Woodlawn
MLS Area Major
Center

Property Description

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.

Additional Information

Interior Features
High Ceilings, Kitchen Island, Hardwood Floors, Ceiling Vaulted, Walk-In Closet(s)
Exterior Features
Carriage/Guest House
Taxes
$3,577
Appliances
Gas Cooktop, Dishwasher, Electric Water Heater, Disposal, Gas Oven, Refrigerator, Microwave, Water Heater, Washer, Dryer
Air Conditioning
Central Air, Window Unit(s), Wall Unit(s)
Stories
One Leveland + Loft, One and One Half
Foundation
Brick/Mortar
Garage Spaces
2

Listing courtesy of Laura Waters. Highgarden Real Estate

Selling Office: eXp Realty LLC.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.