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346 N College Avenue

Indianapolis, IN 46202

ActiveListed Jun 18, 2026 · 124 days on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
2,088 sqft
Lot
0.12 acres
Year built
1988
Type
Residential · Single Family Residence
Stories
Three or more
Garage
2 spaces
MLS #
22108938
County
Marion
Subdivision
Lockerbie

About this home

Nestled in the heart of Lockerbie Square-Indianapolis' first designated historic district-this newer-build home offers the perfect blend of timeless character and modern convenience. Sellers are offering to pay a generous amount of buyer's closing costs, rate buydown, etc! If you've toured this property before, it's worth another look. The owners have thoughtfully refreshed the entire interior with a crisp, neutral palette that complements today's urban lifestyle and creates a bright, inviting backdrop for any design style. Rich hardwood floors welcome you inside, while the stunning foyer immediately makes an impression with its preserved original woodwork and custom wood-paneled walls. The sun-filled living room is anchored by a handsome fireplace, built-in shelving, and expansive windows that bathe the space in natural light. Just beyond, the formal dining room flows seamlessly into the well-appointed kitchen, featuring solid-surface countertops, stainless steel appliances, an inviting breakfast bar, and charming terracotta tile flooring. The second level offers two spacious primary suites, each providing comfort and privacy, along with the highly sought-after convenience of a second-floor laundry room. Ascend to the third floor to discover a third bedroom and two additional flexible spaces-ideal for a home office, media room, fitness area, art studio, or guest retreat. Outside, your private backyard oasis awaits. Enjoy morning coffee on the covered rear porch, unwind with evening cocktails, or relax among the beautifully landscaped garden surroundings. A true rarity in Lockerbie, the detached 2.5-car garage provides generous room for vehicles, storage, hobbies, and a workshop area. Just steps from Mass Ave and the vibrant Bottleworks District, you'll have easy access to some of the city's best dining, shopping, entertainment, theaters, and nightlife.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerMicrowaveElectric OvenRange HoodRefrigeratorWasherWater Softener Owned
Interior features
Bath Sinks Double MainBreakfast BarBuilt-in FeaturesHigh CeilingsEntrance FoyerHi-Speed Internet AvailblWalk-In Closet(s)Wood Work Stained
Kitchen
Kitchen Galley
Other rooms and areas
Living Room Formal
Flooring
Hardwood
Fireplaces
1
Fireplace type
Living Room
Laundry
Upper Level
Windows
Bay Window(s)Wood Frames
Rooms
9

Exterior

Patio and porch
Covered
Construction
Wood Brick
Foundation
Crawl Space
Style
Traditional
Parking and garage
Detached

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$15,064 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$4,032per month, estimated
Principal and interest $2,596Property tax $1,255Insurance $180
20% · $103,000
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$515,000
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