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
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
Estimate your monthly payment
- P&I $1,865
- Property tax $657
- Insurance $129
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.
Talk to a lender we trust1005 Churchman Avenue
Indianapolis, IN 46203