346 N College Avenue

Indianapolis, IN
$ 525,000 Beds 3 Baths 2.5 Sq 2,088
Monthly Estimate* How much can I afford?

Nestled in the heart of Lockerbie Square-Indianapolis' first designated historic district-this newer-build home offers the perfect blend of timeless character and modern convenience. If you've toured this property before, it's worth another look. The owners have thoughtfully refreshed the entire interior with a crisp, neutral palette that complements today's urban lifestyle and creates a bright, inviting backdrop for any design style. Rich hardwood floors welcome you inside, while the stunning foyer immediately makes an impression with its preserved original woodwork and custom wood-paneled walls. The sun-filled living room is anchored by a handsome fireplace, built-in shelving, and expansive windows that bathe the space in natural light. Just beyond, the formal dining room flows seamlessly into the well-appointed kitchen, featuring solid-surface countertops, stainless steel appliances, an inviting breakfast bar, and charming terracotta tile flooring. The second level offers two spacious primary suites, each providing comfort and privacy, along with the highly sought-after convenience of a second-floor laundry room. Ascend to the third floor to discover a third bedroom and two additional flexible spaces-ideal for a home office, media room, fitness area, art studio, or guest retreat. Outside, your private backyard oasis awaits. Enjoy morning coffee on the covered rear porch, unwind with evening cocktails, or relax among the beautifully landscaped garden surroundings. A true rarity in Lockerbie, the detached 2.5-car garage provides generous room for vehicles, storage, hobbies, and a workshop area. Just steps from Mass Ave and the vibrant Bottleworks District, you'll have easy access to some of the city's best dining, shopping, entertainment, theaters, and nightlife. Combining location, space, character, and modern amenities, this exceptional home delivers the very best of urban living.

Active

  • Price
  • $ 525,000
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARION
  • Half Bathrooms
  • 1
  • Area
  • Center
  • Lot Size
  • 0.12 Acres
  • Zip
  • 46202
  • Sqr Footage
  • 2,088
  • Year Built
  • 1988
  • Taxes
  • $ 15064
  • Style
  • Traditional
  • MLS#
  • 22108938
Listed By: Rob Measel with F.C. Tucker Company;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air
Cooling Central Air
Possession Closing
Appliances Dishwasher,Dryer,Microwave,Electric Oven,Range Hood,Refrigerator,Washer,Water Softener Owned
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Traditional
Construction Materials Wood Brick
Year Built 1988
Township Center
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Lockerbie
Garage Y/N Yes
Total Rooms 9
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 5140
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Additional Parcels Y/N No
Standard Status Active
Tax Lot 39
Legal Description Fletchers Sub L39 Ol51

Interior Features

Interior Amenities Bath Sinks Double Main,Breakfast Bar,Built-in Features,High Ceilings,Entrance Foyer,Hi-Speed Internet Availbl,Walk-In Closet(s),Wood Work Stained
Total Fireplaces 1
Fireplace Features Living Room
Basement (Y/N) No
Half Baths 1
Laundry Features Upper Level
Total Bedrooms 3
LivingAreaSource Plans
Total Baths 3

Exterior Features

Parking Features Detached
Water Source Public
Foundation Details Crawl Space
Spa No
Building Area Total 2088
Lot Size Acres 0.12
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

6/18/2026 Listed $599,900
7/29/2026 5% - $575,000
8/20/2026 9% - $525,000

Property vs Zip Code Average in 46202

Price
AVG $520K
$530K
Taxes
AVG $6,359
$15,064
Year Built
AVG 1967
1988
Visits
AVG 68
109
Data Provided by Inside Real Estate®

346 N College Avenue Indianapolis, IN is a Single Family Home for sale at $525000 with 2088 sqft and a lot size of 0.12 Acres Acre(s). 346 N College Avenue Indianapolis has 3 bedrooms, 2 baths and was built in 1988. The property's zip code is 46202 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.