Fountain Square Homes under $400,000

Fountain Square Homes under $400,000

Welcome to Fountain Square, a vibrant and eclectic neighborhood nestled in the heart of Indianapolis, Indiana. Known for its rich history and artistic flair, Fountain Square is a community that perfectly blends urban living with a touch of small-town charm. This subdivision is renowned for its historic architecture, local art galleries, and an array of unique dining options, making it a hotspot for both residents and visitors alike.

For those seeking a home in this dynamic area, Fountain Square offers an impressive selection of homes priced under $400,000. Whether you’re a first-time buyer, a growing family, or an investor looking for a rental opportunity, you’ll find a variety of options that cater to your needs. From cozy bungalows to modern townhomes, these properties are not only budget-friendly but also reflect the distinctive character of the neighborhood.

Living in Fountain Square means enjoying a vibrant community atmosphere, with easy access to parks, music venues, and local events that celebrate the neighborhood's artistic spirit. The area is well-connected to downtown Indianapolis, making commuting a breeze while still providing a peaceful retreat from the hustle and bustle of city life.

Explore the charm of Fountain Square, where homes under $400,000 offer not just a place to live, but a lifestyle filled with creativity, community, and convenience. Your dream home awaits in this delightful Indianapolis neighborhood, where every street tells a story and every corner invites you to discover something new. Come and experience the magic of Fountain Square today!

Newest Fountain Square Homes under $400,000

1206 Linden Street, Indianapolis
$224,900
3 Beds ⋅ 2 Baths
Welcome to 1206 Linden Street in the heart of Fountain Square! This 3-bedroom, 2-full-bath home offers plenty of space and flexibility with a separate den or home office, perfect for working from home or creating an additional living area. The oversized laundry room provides extra storage space, a feature you don't often find in homes in this area. Step outside and enjoy the spacious yard with both front and back areas fully fenced for added privacy. Whether you're entertaining, relaxing, or enjoying time outdoors, there's plenty of room to make it your own. Conveniently located near Fountain Square's popular restaurants, shops, and entertainment, with easy access to downtown Indianapolis. A great opportunity to enjoy city living with outdoor space and privacy!

1206 Linden Street, Indianapolis

Listing courtesy of Ashley Mullin. FS Houses LLC
1208 S Keystone Avenue, Indianapolis
$226,000
3 Beds ⋅ 2 Baths
Welcome home to this beautifully updated 3 bedroom, 2 full bath home in Indianapolis! From the inviting covered front porch to the thoughtfully refreshed interior, this home offers a comfortable blend of modern style and everyday functionality. Step inside to a bright living space that flows into an updated kitchen featuring granite countertops and modern appliances. The main level offers two bedrooms and a full bath, while the upper level provides a private ensuite bedroom, creating a flexible retreat with added privacy. updated lighting, and stylish finishes throughout make this home truly move in ready. Whether you're relaxing on the front porch, entertaining inside, or simply enjoying a space that feels like home, this one is worth seeing in person. Schedule your private showing today!

1208 S Keystone Avenue, Indianapolis

Listing courtesy of Adejumoke Olatunji. Highgarden Real Estate
1547 Spann Avenue, Indianapolis
$370,000
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 Lisa Bishop. CENTURY 21 Scheetz
1129 Dawson Street, Indianapolis
$372,500
3 Beds ⋅ 3 Baths
MOTIVATED SELLER-make us an offer! House appraised for 388k, so you'll be walking into instant equity at this 3 bed/2.5 bath in Fountain Square! Back on Market at no fault of the sellers. Updates:Terraced Garden 2021, Porch Railings 2019, Pergola 2020, Back Patio 2021, Raised beds 2020, Fire Pit 2023. Before you even reach the front door, the thoughtful & stunning landscaping + front porch will blow you away. Walk in the front door & immediately feel the love, warmth & talent poured into this home. Tall ceilings w/ heaps of sunlight pouring in. Open concept layout is the perfect balance of a host's dream mixed w/ corners to cozy up in. Your kitchen covers all bases with Stainless Steel Appliances, seating at your large, stunning marble island & walk-in Pantry. Have a dining table that seats 12? Plenty of space. Head upstairs to find your primary bed/bath en suite-The theme is huge: huge bedroom w/ a seating area, huge walk-in closet, & a huge bathroom featuring double sinks and a dreamy walk-in waterfall shower. Did I mention the bathroom floors are...HEATED?? Exit the double doors of your primary suite to find 2 more bedrooms with large closets, a large linen closet, a dedicated laundry space with plenty of shelving & another full bath. Only need 2 beds? Great. The third is a perfect office. I've saved the best for last-The outdoor oasis includes a handcrafted parquet & pergola for scenic outdoor dining, dreamy garden beds, a garden in bloom and a cozy firepit. Your oversized 2 car garage w/ tall ceilings offers extra storage & space for a workshop. Need even more storage? The big footprint and high ceilings in the basement offer just that. This home is truly move-in ready. Whether you're a homebody, a host or somewhere in between, you'll feel @ home here on Dawson Street. Located just steps, a bike ride, or a car ride from some of the best coffee, restaurants, live music, shopping, haircuts, tattoos & bookstores our city has to offer.

1129 Dawson Street, Indianapolis

Listing courtesy of Kalliopi Nikou. @properties
921 S State Avenue, Indianapolis
$259,900
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 James Gilday. eXp Realty, LLC
923 S State Avenue, Indianapolis
$259,900
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 James Gilday. eXp Realty, LLC
1442 Laurel Street, Indianapolis
$199,900
4 Beds ⋅ 2 Baths
Located in the heart of Fountain Square, this versatile 4 bedroom, 2 bathroom property offers great potential for both investors and homeowners. Previously used as an investment property, the layout provides flexibility for rental income or an opportunity to convert it into a spacious single-family home. The property features a fully fenced yard, perfect for pets, entertaining, or creating a private outdoor retreat. With its prime location just minutes from Fountain Square's restaurants, shops, entertainment, and downtown Indianapolis, this property offers both convenience and character in one of the city's most sought-after neighborhoods.

1442 Laurel Street, Indianapolis

Listing courtesy of Ashley Mullin. FS Houses LLC
1314 Laurel Street, Indianapolis
$285,000
3 Beds ⋅ 1 Baths
Welcome to Fountain Square! Prepare to be impressed by this meticulously redesigned single-family residence located in the heart of the highly sought-after Fountain Square neighborhood. This charming 3-bedroom, 1-bathroom home has been comprehensively updated, offering modern functionality, quality finishes, and immediate move-in readiness in a vibrant community. The kitchen is the focal point, designed for both entertaining and casual living. It showcases elegant quartz countertops and a functional large island perfect for meal prep and gathering. Inside, you can enjoy cozy evenings by the living room fireplace, which casts a warm, inviting glow. Outside, the allure of private outdoor living is easily embraced with a deck, patio, and fire pit in the fenced backyard. This is your perfect opportunity to own a high-quality home in one of Indy's most desirable areas.

1314 Laurel Street, Indianapolis

Listing courtesy of Alan Lozano. F.C. Tucker Company
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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.


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