1005 Churchman Avenue in Indianapolis
Roots listing · PendingAccepting backups
Listed JUL 23 · Indianapolis · IN

1005 Churchman Avenue

Indianapolis · IN

4Bedrooms
4Bathrooms
2,312Square feet
2Parking spots
Roots take

What to know about this one.

Investor opportunity in the heart of Fountain Square. This newer-build contemporary home offers a rare combination of strong rental flexibility, modern finishes, and a highly desirable walkable location just minutes from downtown Indianapolis. Featuring four spacious en-suite bedrooms, the property is especially well-suited for medium-term rental, short-term rental where permitted, house hacking, or traditional owner-occupancy. The home was previously operated as a medium-term rental for traveling nurses and professionals at approximately **$1,200 per room**, creating compelling income potential. Existing management may also be available to remain in place for a buyer seeking a more turnkey investment, and **furniture is negotiable**, offering the potential for an even smoother transition into rental operations. Inside, the open-concept main level features a bright living area and modern kitchen with a gas range, newer appliances, sleek cabinetry, beautiful countertops, and seamless connection to the dining space. Soaring ceilings, abundant natural light, fresh paint, designer lighting, and an upstairs laundry room add to the home's appeal. The first-floor bedroom offers additional flexibility and could easily function as a second living area, office, guest suite, or private rental space. Outside, enjoy a welcoming front porch, fenced backyard, and detached two-car garage. With four private bedroom suites, multiple potential rental strategies, negotiable furnishings, and walkable access to Fountain Square's restaurants, nightlife, shops, and downtown amenities, this property offers investors a unique opportunity to own a newer-build asset in one of Indianapolis' most recognizable urban neighborhoods.

Amenities

Garage
Laundry
Dishwasher

Property details

Property type
Single Family Residence
Year built
2022
Lot size
0.11 ac
Garage
2 spaces
Stories
Two
Fireplaces
1
County
Marion
MLS #
MBR22113873

Features

Appliances
  • Dishwasher
  • Disposal
  • Microwave
  • Gas Oven
  • Refrigerator
  • Water Heater
Interior
  • High Ceilings
  • Kitchen Island
  • Eat-in Kitchen
  • Wired for Data
  • Walk-In Closet(s)
Heating
  • Forced Air
Cooling
  • Central Air
Affordability

Estimate your monthly payment

Estimated monthly$2,651
  • P&I $1,865
  • Property tax $657
  • Insurance $129
$
Loan type
Loan term
$

Estimates only, not a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Where it is

1005 Churchman Avenue

Indianapolis, IN 46203

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Listed by

Listed
Jul 23, 2026
Status
Pending
Address
1005 Churchman Avenue, Indianapolis, IN 46203

Listing provided courtesy of @properties · 317-489-3441

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Listed at$369,900