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1651-1655 Lexington Avenue

Indianapolis, IN 46203

ActiveListed Aug 3, 2026 · 2 days on market

Key facts

Year built
2025
Type
Residential Income · Triplex
Stories
Three or more
Garage
3 spaces
MLS #
22117974
County
Marion
Subdivision
Fountain Square
New construction
Yes

About this home

New construction townhomes near Fountain Square being sold as a 3 unit apartment building. 2 bedrooms / 3.5 baths per unit. High end finishes throughout. Attached 1 car garage for each unit.

Description provided by the listing brokerage.

Interior

Laundry
Laundry Room
Condition
New Construction

Exterior

Exterior features
Balcony
Roof
Flat
Construction
Cement SidingStone
Foundation
Slab
Style
Traditional
Parking and garage
AttachedGarage Door Opener

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air

Schools

Elementary school
William McKinley School 39
High school
Arsenal Technical High School
School district
Indianapolis Public Schools

Taxes

Tax year
2026

Estimate your monthly payment

$7,469per month, estimated
Principal and interest $6,049Property tax $1,000Insurance $420
20% · $240,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), 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$1,200,000
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