About This Home

This 3-bedroom, 2-bathroom single family at 923 S State Avenue in Indianapolis, IN is listed for $259,900 ($159 per sqft). Built in 2016, the home offers 1,638 sqft of living space on a 0.05 acres lot.

Key Features

  • Built in 2016
  • 0.05 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full, 1 half
1-car garage
2016

Amenities

FireplaceViewA/C
Listing Description

Located in the heart of Fountain Square, one of Indianapolis's most sought-after and vibrant neighborhoods, this charming 3-bedroom, 1.5-bath multi-level traditional American town home offers the perfect blend of character, convenience, and income potential.

Step inside to discover a warm and inviting layout designed for both everyday living and entertaining. The home features boutique-style finishes that elevate its appeal, while the multi-level design provides functional separation of space. Outside, enjoy a fully fenced rear yard with privacy fencing-ideal for gatherings, pets, or simply relaxing-complete with a cozy patio space.

A one-car garage adds additional convenience and storage. What truly sets this property apart is its proven performance as a short-term rental. Current ownership has demonstrated strong Airbnb income potential, making this an exceptional opportunity for investors or those seeking supplemental income.

Situated just minutes from downtown, you'll enjoy easy access to major highways, local hotspots, dining, nightlife, and entertainment. Whether you're exploring the eclectic charm of Fountain Square or heading into downtown Indianapolis for work or play, this location delivers unmatched accessibility and lifestyle appeal. Don't miss your chance to own a home that offers not just a place to live-but a smart investment in one of Indianapolis' most dynamic communities.

Monthly Cost Estimate

$1,390/mo

20% down · 6.5% · 30 years

Principal$188
Interest$1,126
Insurance$76

Estimates only. Actual payments may vary.

Location

923 S State Avenue

Indianapolis, IN 46203

Fountain Square

Features & Amenities

Interior Features

High CeilingsWood Work Painted

Exterior Features

LightingSmart Lock(s)

Property Details

Construction

Vinyl Siding

Views

City

Outdoor Features

Patio

Parking

Guest

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

DishwasherDryerMicroHoodElectric OvenRefrigeratorWasherMicrowave

Questions & Answers

This 3-bedroom, 2-bathroom single family at 923 S State Avenue is listed at $259,900 ($159/sqft). The estimated monthly payment is $1,390 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2016, 0.05 acre lot, 2 stories, Fireplace. Interior Features: High Ceilings, Wood Work Painted. Exterior Features: Lighting, Smart Lock(s).

This property is listed by James Gilday.

JG

James Gilday

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (812) 734-6048 · View on Broker Site · Broker website

MLS# 22100162· Source: Broker Listing Cooperative®· 176 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

923 S State Avenue, Indianapolis, IN 46203

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