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735 Lexington Avenue #20

Indianapolis, IN 46203

ActiveListed Oct 2, 2026 · 20 days on market

Key facts

Beds
1
Baths
1 full
Living area
1,135 sqft
Year built
1988
Type
Residential · Condominium
Stories
Two
Garage
1 space
MLS #
22128964
County
Marion
Subdivision
Union Laundry Lofts

About this home

Desirable top-floor corner unit in Union Laundry Lofts, in the heart of Fletcher Place! Originally built in 1911 as the Union Laundry Company, this landmark building was reimagined for upscale loft living just steps from some of Indy's best dining and entertainment. Flooded with natural light from five banks of oversized original windows and a skylight, this one-of-a-kind residence features 17-foot ceilings and a down-to-the-studs renovation completed around 2017. The open-concept kitchen is anchored by an expansive granite peninsula and features a striking mix of white shaker and flat-front maple cabinetry, open shelving, pull-out storage, and stainless steel appliances. The living room features a custom storage wall incorporating wine storage, a built-in credenza, movable art display panel, concealed TV storage, and electric fireplace. Hardwood stair risers and iron railings lead to the upper level, where the beautifully designed bath features a fully tiled shower, private water closet, and granite topped sink vanity. A walk-in closet with a custom closet organizer provides exceptional storage, while the loft bedroom overlooks the living space below and features its own skylight and rooftop access hatch. Grasscloth wallpaper, slate tile, upgraded lighting, and other thoughtfully selected finishes add warmth and character throughout. The unit includes one dedicated garage space and access to the community rooftop deck with skyline views. Walk to Milktooth, Bluebeard, Calvin Fletcher's, Amelia's, and more, with the Indianapolis Cultural Trail just steps away connecting you to Fountain Square, downtown, and beyond. Historic architecture, incredible natural light, and thoughtful design in a top-floor corner loft in one of Indy's most walkable neighborhoods.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric Water HeaterDisposalMicrowaveElectric OvenRange HoodRefrigeratorWasher
Interior features
Breakfast BarBuilt-in FeaturesHigh CeilingsEntrance FoyerPaddle FanSupplemental StorageWalk-In Closet(s)
Kitchen
Kitchen Updated
Flooring
Hardwood
Fireplaces
1
Fireplace type
ElectricLiving Room
Laundry
In UnitConnections AllLaundry ClosetUpper Level
Windows
Skylight(s)Storm Window(s)
Rooms
4

Exterior

Patio and porch
PatioRooftop
Construction
Brick
Parking and garage
DetachedGarage Door OpenerStorage

Systems

Heating
ElectricHeat Pump
Cooling
Central AirHeat Pump
Water
Public

Lot and HOA

HOA fee
$368 / monthly
HOA fee includes
Common CoolingCommon HeatEntrance CommonInsuranceMaintenance GroundsMaintenance StructureMaintenanceManagementSecuritySnow RemovalTrash
HOA amenities
InsuranceMaintenance GroundsMaintenanceManagementSecuritySnow RemovalTrash

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$2,761 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,323per month, estimated
Principal and interest $1,613Property tax $230Insurance $112HOA $368
20% · $64,000
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$320,000
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