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1005 Churchman AVE Indianapolis, IN 46203 Open Sat 11AM-1PM

UPDATED: 08/20/2026 08:43 PM ON MARKET: 29 days on market

$369,900

4 Beds4 Baths2,312 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,312 sqft

Price per Sqft $159

Subdivision Sanders

MLS Listing ID 22113873

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 2022

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Single Family Residence

Property Description

Investor opportunity in the heart of Fountain Square. This newer-build contemporary home offers a rare combination of strong rental flexibility, modern finishes, and a highly desirable walkable location just minutes from downtown Indianapolis. Featuring four spacious en-suite bedrooms, the property is especially well-suited for medium-term rental, short-term rental where permitted, house hacking, or traditional owner-occupancy. The home was previously operated as a medium-term rental for traveling nurses and professionals at approximately **$1,200 per room**, creating compelling income potential. Existing management may also be available to remain in place for a buyer seeking a more turnkey investment, and **furniture is negotiable**, offering the potential for an even smoother transition into rental operations. Inside, the open-concept main level features a bright living area and modern kitchen with a gas range, newer appliances, sleek cabinetry, beautiful countertops, and seamless connection to the dining space. Soaring ceilings, abundant natural light, fresh paint, designer lighting, and an upstairs laundry room add to the home's appeal. The first-floor bedroom offers additional flexibility and could easily function as a second living area, office, guest suite, or private rental space. Outside, enjoy a welcoming front porch, fenced backyard, and detached two-car garage. With four private bedroom suites, multiple potential rental strategies, negotiable furnishings, and walkable access to Fountain Square's restaurants, nightlife, shops, and downtown amenities, this property offers investors a unique opportunity to own a newer-build asset in one of Indianapolis' most recognizable urban neighborhoods.


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