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921 S State Avenue

Indianapolis, IN 46203

ActiveListed May 4, 2026 · 151 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,534 sqft
Lot
0.06 acres
Year built
2016
Type
Residential · Single Family Residence
Stories
Multi/split
Garage
1 space
MLS #
22099528
County
Marion
Subdivision
Fountain Square

About this home

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!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerMicroHoodElectric OvenRefrigeratorWasherMicrowave
Interior features
High CeilingsWood Work PaintedKitchen Island
Kitchen
Kitchen Some Updates
Other rooms and areas
Laundry in Unit
Laundry
Upper Level
Windows
Vinyl Windows
Security
Smoke Detector(s)
Rooms
6
Condition
Updated/Remodeled

Exterior

Exterior features
Lighting
Patio and porch
CoveredPatio
Construction
Vinyl Siding
Style
Traditional
Parking and garage
Detached
Fencing
FullPrivacy
View
CityNeighborhood

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public
Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Lot features
AccessCurbsSidewalksStreet LightsTrees-Small (Under 20 Ft)
Community
CurbsSidewalksStreet LightsSuburban

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$6,308 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,927per month, estimated
Principal and interest $1,310Property tax $526Insurance $91
20% · $51,980
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$259,900
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