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543 Fletcher Avenue

Indianapolis, IN 46203

ActiveListed Jun 2, 2026 · 2 days on market

Key facts

Beds
5
Baths
5 full · 1 half
Living area
4,265 sqft
Lot
0.12 acres
Year built
1955
Type
Residential · Single Family Residence
Stories
Two and a half
MLS #
22105523
County
Marion
Subdivision
Fletcher
Total building area
5,393 sqft

About this home

Experience the perfect blend of historic character and modern luxury at the iconic Hill-Gallahue House in the heart of Fletcher Place. Originally built in the 1870s, this beautifully restored Italianate residence offers over 4,200 square feet of thoughtfully updated living space in one of Downtown Indianapolis' most sought-after neighborhoods. Inside, soaring ceilings, original woodwork, grand arched windows, and hardwood floors create a striking first impression. The chef-inspired kitchen has been completely reimagined with custom cabinetry, quartz countertops, premium stainless steel appliances, a designer backsplash, and a large center island ideal for entertaining. Multiple living and gathering spaces provide flexibility for everyday living, hosting guests, or multigenerational needs. The spacious bedrooms and beautifully renovated bathrooms deliver modern comfort while preserving the home's historic charm. A large upper-level bonus space offers endless possibilities for a media room, game room, fitness area, or additional guest accommodations. Situated just steps from the Indianapolis Cultural Trail, Fountain Square, and Downtown Indianapolis, you'll enjoy walkable access to award-winning restaurants, coffee shops, entertainment venues, sporting events, parks, and local arts destinations. Whether you're searching for a distinctive historic home, a luxury urban residence, or a property with proven short-term rental appeal, this Fletcher Place landmark offers a rare opportunity to own a piece of Indianapolis history with all the conveniences of modern living.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerDisposalGas Water HeaterMicrowaveGas OvenRange HoodRefrigeratorWasherWater Softener OwnedWine Cooler
Interior features
High CeilingsKitchen IslandSmart ThermostatWalk-In Closet(s)Wood Work Stained
Kitchen
Kitchen Updated
Flooring
Hardwood
Basement
Cellar
Fireplaces
1
Fireplace type
Non Functional
Windows
Wood Frames
Rooms
10
Main-level bedrooms
1

Exterior

Construction
Brick
Foundation
Wood
Style
Italianate

Systems

Heating
ZonedForced AirNatural Gas
Cooling
Central Air
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$11,146 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$6,212per month, estimated
Principal and interest $4,940Property tax $929Insurance $343
20% · $196,000
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$980,000
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