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1305 Ringgold Avenue

Indianapolis, IN 46203

ActiveListed Oct 20, 2026 · 2 days on market

Key facts

Lot
0.1 acres
Year built
1920
Type
Residential Income · Duplex
Stories
Two
Garage
4 spaces
MLS #
22131582
County
Marion
Subdivision
Fountain Square

About this home

Renovated Fountain Square townhome property at 1305 Ringgold Ave, Indianapolis, IN with 4 doors: two 2-story 3BR/3.5BA townhouses (1305 and 1307), each with an attached studio. Gut renovated to the studs in 2020. Each townhouse has a living room, full kitchen and half bath on the main level, two bedrooms and two full baths upstairs including an en-suite, and a studio in the back half. Washer and dryer upstairs on each side and in each studio. 2,600 above grade square footage. Covered front porch, fenced backyard and a rear concrete parking pad with 4 dedicated spaces off the alley. Built 1920 on a 0.10-acre lot. Currently operating as exeptionally rated furnished mid-term rentals; all furnishings convey. Run it as four doors, or as two large townhouses with the studios kept for guests or an owner. 0.2 mi to Fountain Square Theatre and the Indianapolis Cultural Trail, 1.2 mi to Garfield Park Conservatory, 1.6 mi to Monument Circle. Available on its own, paired with 717 S Randolph St, or as part of a 15-unit furnished portfolio with 1525 and 1529 Kennington St and 5724 Julian Ave. Four doors, two blocks from the fountain in Fountain Square.

Description provided by the listing brokerage.

Estimate your monthly payment

$5,135per month, estimated
Principal and interest $4,159Property tax $688Insurance $289
20% · $165,000
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$825,000
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