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403 Fletcher Lane

Beech Grove, IN 46107

ActiveListed Jul 30, 2026 · 76 days on market

Key facts

Beds
2
Baths
2 full
Living area
1,136 sqft
Lot
0.13 acres
Year built
1950
Type
Residential · Single Family Residence
Stories
One
MLS #
22117399
County
Marion
Subdivision
Underwood Simpson Park

About this home

Two-bedroom, 2 full bathroom home in Beech Grove, with a great layout and convenient location. This home features two large living spaces, a cozy kitchen with dining area, two bedrooms, and two full bathrooms; one being very large and features a walk-in shower and the laundry area. The secondary living room has a fireplace and could make a great office or could easily be converted (and was previously used as) to a primary suite. There are several notable updates: Roof 11 years old, HVAC 13 years old, water heater 2 years old, as well as newer siding and windows. Outside, the home sits on a quiet corner lot with a selection of trees and covered front porch. The backyard is completely fenced and features two large storage sheds and a paver patio. This location would make a great investment with the University of Indianapolis 9 min away, Downtown Indianapolis 17 minutes away, and easy access to 465. Home to be sold "as is," but inspections are welcome.

Description provided by the listing brokerage.

Interior

Appliances
Water HeaterGas Water Heater
Interior features
Attic AccessHi-Speed Internet AvailblVaulted Ceiling(s)
Flooring
Hardwood
Fireplaces
1
Fireplace type
Family RoomLiving Room
Laundry
Main Level
Windows
Vinyl Windows
Security
Security SystemSmoke Detector(s)
Rooms
6
Main-level bedrooms
2

Exterior

Exterior features
Storage Shed
Patio and porch
CoveredPatio
Construction
Vinyl Siding
Foundation
Crawl Space
Style
RanchTraditional
Parking and garage
Concrete
Fencing
Full
Other equipment
Satellite Dish

Systems

Heating
Forced AirGas
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
Corner LotSidewalksTrees-Small (Under 20 Ft)

Schools

Middle school
Beech Grove Middle School
High school
Beech Grove Sr High School
School district
Beech Grove City Schools

Taxes

Estimated annual tax
$1,476 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$980per month, estimated
Principal and interest $801Property tax $123Insurance $56
20% · $31,800
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$159,000
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