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549 Fletcher Avenue #APT 2

Indianapolis, IN 46203

ActiveListed Apr 3, 2026 · 202 days on market

Key facts

Beds
2
Baths
2 full
Living area
1,312 sqft
Lot
0.02 acres
Year built
1925
Type
Residential · Condominium
Stories
One
Garage
1 space
MLS #
22085964
County
Marion
Subdivision
Ada Bldg Condominiums Hpr

About this home

AUCTION WEDNESDAY, OCTOBER 28TH AT NOON - OPENING BID ONLY $150,000! Incredible opportunity to own a 2BR/2BA condo in the highly desirable Fletcher Place neighborhood in the heart of Downtown Indianapolis! This light-filled condo combines historic character with modern convenience and an outstanding location. The spacious living room features abundant natural light and opens to an amazing covered porch with city views-perfect for relaxing or entertaining. Enjoy a functional open kitchen and dining area, fenced backyard, and the huge downtown bonus of a one-car garage! Conveniently located near incredible dining, shopping, entertainment, sporting events, nightlife, and all the amenities Downtown Indy has to offer. Whether you're looking for an affordable way to enjoy downtown living or a fantastic addition to your investment portfolio, this property offers tremendous potential. Our auction process is designed to be buyer and broker friendly. Opening bid is just $150,000-someone is going to get an incredible deal on this one!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric Water HeaterDisposalMicrowaveElectric OvenRefrigeratorWasher
Interior features
Breakfast BarBuilt-in FeaturesHigh CeilingsEntrance FoyerHi-Speed Internet AvailblSmart ThermostatWalk-In Closet(s)Wood Work Painted
Kitchen
Kitchen Updated
Other rooms and areas
Laundry in Unit
Flooring
Hardwood
Fireplaces
1
Fireplace type
Living Room
Laundry
Main Level
Rooms
5
Main-level bedrooms
2
Condition
Updated/Remodeled

Exterior

Exterior features
BalconyLighting
Patio and porch
Covered
Construction
Brick
Foundation
Block
Style
Traditional
Parking and garage
Alley AccessDetachedGarage Door OpenerGarage Faces Side
Fencing
Partial

Systems

Heating
ElectricForced Air
Cooling
Central Air
Water
Public
Utilities
Cable Connected

Lot and HOA

HOA fee
$275 / monthly
Lot features
CurbsSidewalksStorm SewerStreet LightsMature Trees
HOA fee includes
Entrance CommonLawncareMaintenance StructureMaintenanceSnow Removal
HOA amenities
InsuranceLandscapingMaintenance GroundsMaintenance StructureSnow RemovalTrash

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$2,778 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,315per month, estimated
Principal and interest $756Property tax $232Insurance $53HOA $275
20% · $30,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give 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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Listed at$150,000
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