923 S State Avenue

Indianapolis, IN
$ 269,900 Beds 3 Baths 1.5 Sq 1,638 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 269,900
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • MARION
  • Half Bathrooms
  • 1
  • Area
  • Center
  • Lot Size
  • 0.05 Acres
  • Zip
  • 46203
  • Sqr Footage
  • 1,638
  • Year Built
  • 2016
  • Taxes
  • $ 6272
  • Style
  • Split Level,Traditional
  • MLS#
  • 22100162
Listed By: James Gilday with eXp Realty, LLC;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession Closing
Appliances Dishwasher,Dryer,MicroHood,Electric Oven,Refrigerator,Washer,Microwave
Garage Spaces 1
Patio/Porch Features Covered,Patio
Architectural Style Split Level,Traditional
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 2016
View City,Neighborhood
Township Center
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2024
Community Features Street Lights,Sidewalks,Suburban
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Fountain Square
Garage Y/N Yes
Total Rooms 6
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 2352
Property Attached Y/N Yes
Property Condition Updated/Remodeled
Additional Parcels Y/N No
Standard Status Active
Tax Lot L2
Legal Description Fisher's State Avenue Subdivision L2

Interior Features

Interior Amenities High Ceilings,Wood Work Painted
Total Fireplaces 1
Fireplace Features Living Room
Basement (Y/N) No
Half Baths 1
Laundry Features Connections All,Upper Level
Total Bedrooms 3
LivingAreaSource Broker
Total Baths 2

Exterior Features

Exterior Amenities Lighting,Smart Lock(s)
Fencing Full,Privacy
Parking Features Detached
Water Source Public
Foundation Details Crawl Space
Spa No
Building Area Total 1638
Lot Size Acres 0.05
Waterfront Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/6/2026 Listed $280,000
6/19/2026 4% - $269,900

Property vs Zip Code Average in 46203

Price
AVG $270K
$270K
Taxes
AVG $3,235
$6,272
Year Built
AVG 1948
2016
Visits
AVG 98
217
Data Provided by Inside Real Estate®

923 S State Avenue Indianapolis, IN is a Single Family Home for sale at $269900 with 1638 sqft and a lot size of 0.05 Acres Acre(s). 923 S State Avenue Indianapolis has 3 bedrooms, 1 baths and was built in 2016. The property's zip code is 46203 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.