Fountain Square
While it's known today as one of the foremost commercial and residential districts in Indianapolis, Fountain Square began it's life as a 264 acre farm! It was owned by Calvin Fletcher, whose name is commemorated by the nearby avenue, and over 150 years, it would become a center of commerce for the South side of Indianapolis. The large and elegant brick buildings are still covered with the old signs of businesses from the early decades of the 20th century which once occupied them. Now they are some of the most valuable commercial real estate in the city, housing everything from restaurants and bars to arcades, a bowling alley, art collectives, vintage stores, and residential lofts.
Real Estate
Major redevelopment of the surrounding residential streets of Fountain Square has resulted in many of the old Victorian-era homes being completely renovated, offering fully updated interiors with a clean modern feel while retaining the historical character of the structures. Others are untouched, in varying conditions, sometimes only requiring minor cosmetic and mechanical upgrades, sometimes needing a bit more.
New Construction can also be found in the area and some, like this one, are built in a modernist style while others conform more closely to the existing architecture. Investors, as well as home buyers, have been increasingly interested in Fountain Square, purchasing single and multi-unit homes as rental properties. With so many attractions within walking distance, there is no shortage of tenants available.
The average sale price of a home in Fountain Square is $196,924.
The highest, as of 2018, was $525,000.
Lifestyle
Fountain Square is very much a musical place. Freestyle rap is only one of the genres you might hear at Square Cat Vinyl's monthly open mic night. The Fountain Square Music Festival brings international, national and local acts together for a weekend of music, art, food and beer.
Restaurants in the area offer nearly every variety of cuisine imaginable. Pioneer serves traditional European comfort food with an upscale twist. La Margarita, a Mexican cantina with an outdoor patio and killer margaritas and Bluebeard a 'new American' joint with craft cocktails and an ever changing seasonal menu. The newly opened Inferno Room serves up exotic drinks and a menu of small plates developed by chef Carlos Salazar of Rook (another restaurant in the area).
$400,000
3 Beds 3 Baths 2,196 SqFt
827 S Randolph ST, Indianapolis, IN 46203
Listed by Alex Hallmann of @properties
$699,900
4 Beds 4 Baths 4,292 SqFt
1119 Spann AVE, Indianapolis, IN 46203
Listed by Nicholas Hensley of @properties
$329,900
3 Beds 2 Baths 1,808 SqFt
1452 Lexington AVE, Indianapolis, IN 46203
Listed by Heather Dickerson of F.C. Tucker Company
$420,000
3 Beds 3 Baths 2,288 SqFt
1001 Harlan ST, Indianapolis, IN 46203
Listed by Tracey Brown of Carpenter, REALTORS®
$459,900
3 Beds 4 Baths 3,030 SqFt
1038 Dawson ST, Indianapolis, IN 46203
Listed by Michael Fox of F.C. Tucker Company
$499,000
3 Beds 3 Baths 2,914 SqFt
1407 Woodlawn AVE, Indianapolis, IN 46203
Listed by Alex Hallmann of @properties
$454,900
3 Beds 3 Baths 2,256 SqFt
1803 Fletcher AVE, Indianapolis, IN 46203
Listed by Terry Brown of CENTURY 21 Scheetz
$349,900
2 Beds 3 Baths 1,970 SqFt
1622 Prospect ST, Indianapolis, IN 46203
Listed by Mark Branch of Highgarden Real Estate
$349,900
2 Beds 3 Baths 1,970 SqFt
1624 Prospect ST, Indianapolis, IN 46203
Listed by Mark Branch of Highgarden Real Estate
$255,000
3 Beds 2 Baths 1,512 SqFt
1617 Fletcher AVE, Indianapolis, IN 46203
Listed by Jen Webster of F.C. Tucker Company
$274,500
3 Beds 3 Baths 2,123 SqFt
1212 S Keystone AVE, Indianapolis, IN 46203
Listed by Alexandria Harbor of Redfin Corporation
$1,149
1 Bed 1 Bath 1,200 SqFt
874 Virginia AVE #B, Indianapolis, IN 46203
Listed by Mark Jones of PMI Midwest
$385,000
5 Beds 2 Baths 2,935 SqFt
1342 Barth AVE, Indianapolis, IN 46203
Listed by Cheyenne Wilson of Rodriguez Real Estate Group
$1,925
3 Beds 2 Baths 1,788 SqFt
1555 English AVE, Indianapolis, IN 46201
Listed by Evona Watson of Triple E Realty, LLC
$1,790,000
3 Beds 2 Baths 1,977 SqFt
1335 Barth AVE, Indianapolis, IN 46203
Listed by Jane Drew Pollom of F.C. Tucker Company
$455,000
3 Beds 3 Baths 2,002 SqFt
1644 Lexington AVE, Indianapolis, IN 46203
Listed by Amy O'Brien of O'Brien Team Realty
$799,000
4 Beds 5 Baths 3,125 SqFt
1609 Fletcher AVE, Indianapolis, IN 46203
Listed by Kian Kaviani of eXp Realty, LLC
$395,000
5 Beds 5 Baths 3,751 SqFt
1102/1104 Spann AVE, Indianapolis, IN 46203
Listed by Devon Nave of The Brokerage Company of Indiana
$315,000
2 Beds 2 Baths 1,888 SqFt
1510 Fletcher AVE, Indianapolis, IN 46203
Listed by Ernest Hanohano-Pastushin of F.C. Tucker Company
$299,900
3 Beds 2 Baths 2,006 SqFt
830 Villa AVE, Indianapolis, IN 46203
Listed by Kelly Huff of F.C. Tucker Company
$275,000
3 Beds 1 Baths 1,495 SqFt
827 Laurel ST, Indianapolis, IN 46203
Listed by Christi Coffey of F.C. Tucker Company
$350,000
4 Beds 4 Baths 2,334 SqFt
1146 Villa AVE, Indianapolis, IN 46203
Listed by Karma Hamm of F.C. Tucker Company
$895
2 Beds 1 Baths 1,142 SqFt
1005 Harlan ST, Indianapolis, IN 46203
Listed by Maxwell Richter of Wilmoth Group
$125,000
8 Beds 4 Baths 3,946 SqFt
1501 Fletcher AVE, Indianapolis, IN 46203
Listed by Jennifer Blandford of Carpenter, REALTORS®
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Based on information submitted to the MLS GRID as of 10/30/2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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