1 month on rocket

501 Fletcher Ave Apt A, Indianapolis, IN, 46203

$699,900

Home List Price

$8,311*

Closing Credit

3 Bedrooms
3 Full Baths
2,245 SqFt
$312/SqFt
Condo

Location

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501 Fletcher Ave Apt A, Indianapolis$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1873
HeatingForced Air, Radiant Floor, Natural Gas
CoolingCentral Air
BasementYes
FireplaceGas Starter, Living Room
MLS #22013079
StatusActive

About 501 Fletcher Ave Apt A

Welcome home to this luxurious 3-bedroom 3 bath 2,245 sq ft one-of-a-kind condominium in the heart of the Fountain Fletcher downtown Indianapolis neighborhood. As you enter this stunning condo you are met with 14 ft. ceilings featuring wood beams, exposed brick, gas fireplace and large clear windows highlighting the immaculate chef's kitchen featuring top of the line SS appliances, beautiful cabinetry, and must-see built-ins to name a few. Master suite features sophisticated en suite bathroom with heated floors, walk in shower, soaking tub, double sink vanity and spacious closet. The second upstairs bedroom has its own entry, full bath, and spacious closet. The lower level features a 3rd living space with it's own private entrance, full bath, and kitchenette. Plenty of storage with 2 separate storage closets. The attached temperature-controlled garage gives 1 dedicated parking space. The shared lobby has a 1/2 bath just steps from the family room that serves as a bonus restroom when entertaining. There are 2 shared outdoor spaces; the very large front porch with a built-in waterfall, stereo music, fire pit table, numerous couches and chairs, state of the art hibachi grill and large patio umbrella- the perfect place to relax and enjoy the downtown views. For a quieter outdoor experience, the back porch offers a place to relax with more privacy. This condo is situated in the BEST downtown location possible, walk out your front door and you are steps to the lighted Indianapolis Cultural Trail that will take you safely to all the downtown restaurants, sporting and music events, museums, and places of employment. Free parking on both sides of Fletcher and Virginia Ave

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1873
  • Living Area: 2,245 SqFt

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: Christi@callcoffey.com
  • Listing Agent: Christi Coffey

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Bar Fridge, Ice Maker, Washer, Wine Cooler
  • Basement: Yes
  • Interior: Attic Access, Breakfast Bar, Raised Ceiling(s), Elevator, Paddle Fan, Handicap Accessible Interior, Pantry, Storage, Surround Sound Wiring, Walk-in Closet(s), Wet Bar
  • Fireplace: Gas Starter, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Exterior Handicap Accessible, Sprinkler System, Water Feature Fountain, Gas Grill

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant Floor, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
  • Price Per SqFt: $312/SqFt

HOA Fees:

  • Amount: $611
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,293
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

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Indianapolis, IN

City

Med. Sold Price

$249.2K

Med. Price/SqFt

$140

Avg. Days On Market

41

# of Sold Homes

866

501 Fletcher Ave Apt A vs Indianapolis

33 DAYS ON ROCKET

-8 Days

$699,900

+$450.6K More

$312/SqFt

+$171 More

KEY TAKEAWAY

This property is $450.6K more than the Median Sold Price and $171/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22013079

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: Christi@callcoffey.com
  • Listing Agent: Christi Coffey

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or 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.

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/4/2025, 10:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,293$525,300
2019$6,030$519,200
2018$5,265$492,900
2017$4,002$491,100

History based on county public records data.

Payment Calculator

$4,172

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-479575
6
/10

  • William McKinley Elementary School 39

  • 1733 Spann Ave

  • 1.02 miles

  • Public District Grades PK-6

school-card-donut-479576
8
/10

  • Paramount Cottage Home

  • 1203 E Saint Clair St

  • 1.30 miles

  • Public Charter Grades KG-4

school-card-donut-479577
4
/10

  • Theodore Potter Magnet Elementary School 74

  • 1601 E 10th St

  • 1.64 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,047. Typical income of Indianapolis, IN residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Fletcher Ave Apt A

What is the listing price of this property?

The listing price of 501 Fletcher Ave Apt A property is $699,900.

What type of property is this?

The property 501 Fletcher Ave Apt A is a condo located in Indianapolis, Indiana, 46203.

Is this property for sale now?

Active Listing: 501 Fletcher Ave Apt A is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,293 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 501 Fletcher Ave Apt A has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 501 Fletcher Ave Apt A is 2,245 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Fletcher Ave Apt A is 1873.

Rocket Homes›Indiana›Marion County›Indianapolis›46203›501 Fletcher Ave Apt A

This home is located at 501 Fletcher Ave Apt A in Indianapolis, IN and zip code 46203 in the Fletcher Place & Holy Rosary-Danish Church neighborhood. This 2,245 square foot home was built in 1873. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $699,900.

Indianapolis, IN housing market in December 2024 saw over 140 listings sold above listed price, more than 233 sold at listed price and over 493 sold below. Between November 2024 and December 2024, Indianapolis, IN real estate market has seen decrease in the number of listings by 10.1%. In December 2024 median list price was $249,280 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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