Skip to content

549 Fletcher Avenue #1

Indianapolis, IN 46203

ActiveListed Oct 5, 2026 · 3 days on market

Key facts

Beds
2
Baths
2 full
Living area
1,335 sqft
Year built
1925
Type
Residential · Condominium
Stories
One
Garage
1 space
MLS #
22129945
County
Marion
Subdivision
Ada Bldg Condominiums Hpr
Total building area
1,459 sqft

About this home

Experience the perfect blend of downtown energy and neighborhood charm in this main-level condo in historic Fletcher Place! Raised ceilings and hardwood floors create a cohesive and spacious feel. The large living room invites you to relax by the gas fireplace, while stunning new French doors open to an oversized covered porch - ideal for morning coffee, evening unwinding, or people-watching. The open concept living, dining, and kitchen allow for effortless entertaining. The kitchen shines with a full stainless steel appliance package, granite countertops with breakfast bar, and a classic subway tile backsplash. Down the hall, two comfortable bedrooms each enjoy access to their own beautifully renovated bathroom and the nearby laundry. The primary suite at the back of the unit boasts a large walk-in closet for all your storage needs, in addition to the extra storage in the basement. Step outside to a small deck leading to your private garage stall. Located just blocks from your favorite cafes, restaurants, shops, nightlife and sports venues, this home lets you spend less time on maintenance and more time enjoying the city!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric Water HeaterDisposalMicroHoodElectric OvenRefrigeratorWasher
Interior features
Breakfast BarHigh CeilingsEntrance FoyerHi-Speed Internet AvailblSmart ThermostatWalk-In Closet(s)
Kitchen
Kitchen Some Updates
Other rooms and areas
Bedroom Other on MainLaundry in UnitLiving Room Formal
Flooring
Hardwood
Basement
Unfinished
Fireplaces
1
Fireplace type
Gas Log
Laundry
Main Level
Rooms
6
Main-level bedrooms
2
Condition
Updated/Remodeled

Exterior

Exterior features
BalconyLighting
Patio and porch
Covered
Construction
Brick
Foundation
Brick/Mortar
Style
Traditional
Parking and garage
Alley AccessDetachedGarage Door OpenerGarage Faces Rear
Fencing
Partial
View
DowntownNeighborhood
Other equipment
Smoke Alarm

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

HOA fee
$275 / monthly
Lot features
CurbsSidewalksStorm SewerStreet LightsMature Trees
Community
CurbsSidewalksStreet Lights
HOA fee includes
Association Home OwnersEntrance CommonInsuranceLawncareMaintenance StructureMaintenanceSnow RemovalTrash
HOA amenities
InsuranceLandscapingMaintenance GroundsMaintenance StructureSnow RemovalStorageTrashMaintenance

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$2,760 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,095per month, estimated
Principal and interest $1,487Property tax $230Insurance $103HOA $275
20% · $59,000
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.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$295,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.