Fountain Square Real Estate

Fountain Square Real Estate

Welcome to Fountain Square, one of Indianapolis's most vibrant and eclectic neighborhoods, nestled in the heart of Marion County. Known for its unique blend of historic charm and modern flair, Fountain Square is a community that truly embodies the spirit of Indianapolis.

As you stroll through the tree-lined streets of Fountain Square, you'll be captivated by its rich cultural heritage. This area was once a bustling entertainment hub in the early 20th century, and today, it continues to thrive with an array of art galleries, boutique shops, and trendy eateries. The iconic fountain at the center of the square serves as a gathering place for residents and visitors alike, often hosting lively events and festivals that celebrate local talent and creativity.

Fountain Square is also a haven for those who appreciate the arts. With numerous theaters, live music venues, and public art installations, there’s always something happening. Whether you’re catching a show at the historic Fountain Square Theatre or enjoying a meal at a local farm-to-table restaurant, the neighborhood offers a delightful array of experiences.

For families, Fountain Square boasts access to quality schools and parks, making it an ideal place to settle down. The community’s friendly atmosphere and diverse population create a welcoming environment for everyone, from young professionals to retirees.

With its perfect blend of history, culture, and contemporary living, Fountain Square is not just a place to live—it's a lifestyle. Discover your new home in this enchanting neighborhood and experience all that Fountain Square has to offer!

Newest Listings in Fountain Square

$1,200,000
New construction townhomes near Fountain Square being sold as a 3 unit apartment building. 2 bedrooms / 3.5 baths per unit. High end finishes throughout. Attached 1 car garage for each unit.

1651-1655 Lexington Avenue, Indianapolis

Listing courtesy of Trueblood Real Estate.

$465,000
Prepare to be amazed by the thoughtful floorplan, upgrades, and designer finishes to this brand new duplex in Fountain Square. These 3BR/2.5BA townhomes offer ample living space, an open kitchen, coffee bar, pantry, laundry room, and half bathroom on the main level. Upstairs provides 3 bedrooms, and 2 full bathrooms, including an Owner's suite with a tiled shower and glass shower door. The modern kitchen provides Quartz countertops, a tile backsplash, center island with breakfast bar, and stainless steel appliances. LVP flooring on both levels, plus a Craftsman style wood staircase. Ample parking spaces in the back for both units. Snag this low-maintenance, new construction multi-family investment property in Fountain Square while it lasts!

1210 Harlan Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$385,000
3 Beds ⋅ 3 Baths
Welcome home to this beautiful 3-bedroom, 3-full-bath home in desirable Hampton Place, a thriving urban neighborhood known for its beautifully restored historic homes and quality new construction. Enjoy being within walking distance of Fountain Square's restaurants, entertainment, and the Cultural Trail, while just minutes from downtown Indianapolis. One of the home's standout features is that every bedroom has its own private bathroom, offering comfort and flexibility for family, guests, roommates, or visiting friends. Relax on the private balcony off the primary suite with stunning downtown skyline views, or enjoy the Fourth of July fireworks from the comfort of home without the crowds. Inside, you'll find 1,876 square feet of thoughtfully updated, move-in-ready living space. The fully fenced backyard offers plenty of room to relax or entertain, while the oversized one-car garage provides additional storage and convenience. With no HOA fees, you'll enjoy the freedom of homeownership without added monthly costs. Whether you're searching for your next home or a home perfectly suited for roommates who want to live close to downtown, this property offers an unbeatable combination of location, privacy, flexibility, and urban lifestyle. Don't miss your chance to make it yours!

1547 Spann Avenue, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

$70,000
BUILD YOUR VISION IN THE HEART OF FOUNTAIN SQUARE Opportunities like this are becoming increasingly rare. Nestled in the heart of the highly sought-after Fountain Square neighborhood, this buildable vacant lot offers the chance to create something truly special in one of Indianapolis' fastest-growing communities. Surrounded by beautifully restored historic homes and exciting new construction, this property is perfectly positioned for a custom residence, an urban retreat, or a long-term investment in a neighborhood that continues to attract homeowners and developers alike. Imagine designing the home you've always wanted with space for outdoor entertaining, gardens, or a private courtyard-all while being just minutes from downtown Indianapolis, Bates Hendricks, Mass Ave, local restaurants, breweries, parks, and cultural attractions.

1622 English Avenue, Indianapolis

Listing courtesy of No Limit Real Estate, LLC.

$825,000
Welcome to a rare investment and lifestyle opportunity to own a beautifully renovated duplex in the heart of the desirable Fountain Square neighborhood on a quiet and residential street just two blocks from FS's vibrant center and iconic fountain, you'll enjoy easy access to popular restaurants, cafes, and local shopping. This high producing mid-term property has a 4.9-star airbnb review and has been completely transformed through an extensive gut renovation. Each side of the duplex is a 2-story townhouse with 3 bedrooms and 3.5 bathrooms and provides ideal separation between living and sleeping areas as well as an abundance of bathrooms for convenience for residents and guests alike. Additional highlights include 4 dedicated parking spaces created at the rear of the property. Currently operating as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with exceptional revenue, this property presents a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rentals.

1305 Ringgold Avenue, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$499,900
Rare opportunity to purchase two furnished, income-producing mid-term rental properties preferably sold as a pair in one of Indy's most convenient near-downtown locations. Located at 1119 and 1123 S Randolph St, these two neighboring homes share a backyard and have been successfully utilized as furnished rent-by-the-room stays, primarily serving healthcare professionals and traveling tenants looking for flexible housing near downtown Indianapolis, Fountain Square, local hospitals, and major employment hubs. The properties offer a strong current income, operational flexibility, and long-term upside. Each home is already furnished and currently operating as a room-by-room rental, creating a turnkey opportunity for an investor looking to step into an existing mid-term rental model rather than build one from scratch. Income for 1119 S Randolph St generated $36,157.17 in total gross income, while 1123 S Randolph St generated $32,215.26 in total gross income. Together, the two properties produced $68,372.43 in total gross income during that period. Whether continuing the current furnished rent-by-the-room strategy, transitioning to traditional mid-term rentals, or exploring another furnished housing model, this package gives investors multiple paths to operate and optimize. With proximity to downtown Indy, Fountain Square, local hospitals, major interstates, restaurants, nightlife, and employment centers, these homes are well-positioned for continued tenant demand from traveling healthcare workers, professionals, and renters seeking flexible furnished housing.

1119 S Randolph Street, Indianapolis

Listing courtesy of @properties.

$354,900
3 Beds ⋅ 2 Baths
Just steps from local restaurants, coffee shops, breweries, live music, and all the energy that makes Fountain Square one of the city's most desirable destinations, this home puts the neighborhood lifestyle right outside your door while still giving you a private retreat of your own. The fully fenced backyard is a standout feature, offering an inviting setting for summer cookouts, entertaining friends, or relaxing at the end of the day. A mature shade tree creates natural shade over the patio area and walkway to the detached two-car garage, giving the outdoor space a unique and welcoming feel. Inside, you'll find 1,116 square feet of thoughtfully designed living space with 3 bedrooms and 2 full baths, providing flexibility for guests, roommates, a home office, or everyday living. The layout works well for buyers who want walkability, manageable space, and the convenience of a move-in-ready home in one of Indy's most active near-downtown neighborhoods. Walk, bike, or scooter to your favorite Fountain Square destinations while enjoying the comfort of a private fenced yard and detached two-car garage - a combination that is increasingly hard to find. Rarely do homes offer this much charm, outdoor space, parking, and walkability in such a sought-after location. Come experience why Fountain Square continues to be one of Indianapolis' most exciting places to call home.

934 Olive Street, Indianapolis

Listing courtesy of No Limit Real Estate, LLC.

$95,000
Build your vision in one of Indianapolis' most vibrant and rapidly growing neighborhoods! This cleared and level residential lot in Fountain Square offers a rare opportunity to construct a new home in an area known for its strong property values, ongoing redevelopment, and convenient access to downtown Indianapolis. Located on a city street with municipal water, sewer, gas, and electric service nearby, this lot provides an excellent foundation for a custom residence, investment property, or speculative build. Whether you're a builder looking for your next project or a buyer dreaming of creating a home tailored to your lifestyle, the possibilities are endless. Enjoy being just minutes from Fountain Square's popular restaurants, entertainment venues, local shops, parks, and downtown employment centers. New construction opportunities in established urban neighborhoods continue to be in high demand, making this an attractive option for both investors and owner-occupants. Don't miss the chance to secure a buildable lot in one of Indianapolis' most sought-after neighborhoods. Bring your plans and start building your future today!

930 Olive Street, Indianapolis

Listing courtesy of No Limit Real Estate, LLC.

$290,000
3 Beds ⋅ 2 Baths
Brand new carpet installed July 2026!! Welcome home to this beautifully updated 3 bed, 1.5 bath property located in the heart of Fountain Square, one of Indianapolis' most vibrant and sought-after neighborhoods. This home offers the perfect blend of classic charm and modern updates with an unbeatable location close to some of the city's best dining, entertainment, and local attractions. Enjoy the spacious oversized living room filled with natural light, creating the perfect space for relaxing or entertaining guests. Numerous updates throughout the home include kitchen and bathrooms. Outside, enjoy your morning coffee or unwind in the evening on the inviting covered front porch. The fully fenced backyard offers plenty of room for pets. An oversized garage provides exceptional storage and workspace options rarely found in the area. Located just moments from Fountain Square's popular restaurants, breweries, music venues, and nightlife, you'll love being near local favorites like HI-FI, Fountain Square Theatre Building, Cultural Trail access, and easy downtown commuting. Whether you're looking for entertainment, convenience, or neighborhood charm, this home delivers it all.

1450 Pleasant Street, Indianapolis

Listing courtesy of Carpenter, REALTORS®.

$269,900
3 Beds ⋅ 2 Baths
Nestled in the heart of Fountain Square, one of Indianapolis's most desirable and energetic neighborhoods, this beautifully maintained 3-bedroom, 2-bath multi-level traditional American townhome offers the perfect combination of style, location, and investment potential. Step inside to a thoughtfully designed layout featuring boutique-style finishes and versatile living spaces ideal for both everyday comfort and entertaining. The multi-level design provides added privacy and functionality, making it perfect for homeowners and guests alike. Out back, enjoy a patio-perfect for relaxing evenings, hosting gatherings, or accommodating pets. A one-car garage adds convenience and valuable storage space. This property truly stands out with its proven short-term rental success. Current ownership has demonstrated strong Airbnb income potential, with high occupancy driven by its prime location and appealing finishes-offering an excellent opportunity for investors or those seeking supplemental income. Located just minutes from downtown, you'll have quick access to major highways, top dining, nightlife, entertainment, and educational hubs. Whether you're looking for a vibrant lifestyle or a high-performing investment, this Fountain Square gem delivers on all fronts. Don't miss your chance to own in one of Indianapolis' most sought-after communities!

921 S State Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

$269,900
3 Beds ⋅ 2 Baths
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.

923 S State Avenue, Indianapolis

Listing courtesy of eXp Realty, LLC.

$299,900
4 Beds ⋅ 3 Baths
Step into this completely reimagined 4-bedroom, 3-bath gem in the heart of vibrant Fountain Square! Every inch of this home shines with fresh updates, from the brand-new LVP flooring and plush upstairs carpeting to the stunning kitchen featuring sleek new countertops, cabinets and stainless steel appliances. All three bathrooms have been thoughtfully renovated, pairing style with modern functionality. The updates don't stop there-this home boasts a new furnace, air conditioning, water heater, electrical, plumbing, and even brand-new windows in the charming front porch sunroom. The freshly painted exterior and new doors throughout add to the home's impeccable curb appeal. Sitting on an extra-deep lot, the backyard offers ample space for relaxation or entertaining under the Indiana skies. And the location? Unbeatable. You're just a short stroll to Fountain Square's trendy shops, buzzing restaurants, and lively entertainment scene. Outdoor enthusiasts will love nearby Pleasant Run Trail, perfect for walking, running, or biking. Plus, downtown Indy is just minutes away, offering world-class amenities, top employers like Eli Lilly, and easy access to major routes including I-65/70, Shelby St., Prospect St., and Virginia Ave. This home blends modern comfort with the unbeatable lifestyle Fountain Square is known for. Schedule your showing today and make it yours!

1313 Linden Street, Indianapolis

Listing courtesy of Compass Indiana, LLC.

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