Your Agent

Jamesha Norwood

Real Estate Broker | REALTIST | REALTOR®

317-507-2611

Property Attributes

MLS#22121552
TypeSingle Family
Listing Status Active
CountyMARION
CityIndianapolis
AreaCenter
NeighborhoodFountain Square
Zip46203
StyleTraditional,Victorian
Year Built1895
Taxes$ 1964
Price$ 200,000
Bedrooms4
Full Bathrooms4
Half Bathrooms0
Sqr Footage3692
Lot Size0.61 Acres

Data Source:

MIBOR Broker Listing Cooperative

Property Description

Opportunity can be heard whispering through the grand old trees adorning the site of this .61AC lot in the heart of Fountain Square, where a once-majestic-mansion remains in the middle of 5 potential building sites, unearthing one of the most interesting redevelopment venues for residential construction in years. While the existing house doesn't look so bad from the outside, the highest & best use is probably to take her down and split up the ground into 5 new lots to host new homes. The city prefers it, the neighborhood supports it, the market craves it; and this is an exceptional site with D5 zoning, offering a variety of exciting options for new construction. Three new lots, approx 44x127 in size, would front Churchman Ave & 2 would front St Paul St. Utilities are already on site.** The Planning Department has specifically stated a replat here would be encouraged! ** But if restoration is your preference, then the existing house sure would be a labor of love worth taking on. She was built in the 19th century as a massive single-family home of Victorian design and later converted into 4 apartments, with 2 up & 2 down. At some point, the upstairs was gutted to the studs and left unfinished, thus uninhabitable. The apartments on the 1st floor can be occupied, but they are rough. If she were to be brought back to life with a significant renovation, she would be STUNNING in her current location. Everything is possible with vision, time & money, right? Whatever her future, the entire property is being sold strictly AS IS WHERE IS. (P.S. Room count, labels & sizes is subjective & a best guess as the structure is currently undefined as a single family home). A SIGNED HAZARDOUS CONDITION ACKNOWLEDGEMENT & WAIVER OF LIABILITY IS REQUIRED TO ACCESS THE PROPERTY.

Elementary School	Middle School	High School
William McKinley School 39 Elementary School	Arlington Community Middle School	Arsenal Technical High School

Price History
8/21/2026	Listed $200,000

General Features

Heating	Forced Air
Cooling	Other
Utilities	Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession	Closing
Appliances	None
Patio/Porch Features	Covered
Architectural Style	Traditional,Victorian
Construction Materials	Wood Siding
Year Built	1895
Township	Center
Levels	Two
Property Subtype	Single Family Residence
Tax Year	2025
County	Marion
New Construction	No
Property Type	Residential
HOA	No
Subdivision Name	Fountain Square
Facing Direction	West
Garage Y/N	No
Total Rooms	5
Full Baths	4
Status	Active
Directions	GPS Friendly
High School	Arsenal Technical High School
City	Indianapolis
High School District	Indianapolis Public Schools
MLS Area	4910 - Marion - Center
Lot Size Square Feet	26377
Elementary School	William McKinley School 39
Property Attached Y/N	No
Current Financing	Cash Only
Middle/Junior High School	Arlington Community Middle School
Property Condition	Fixer
Additional Parcels Y/N	No
Standard Status	Active
Tax Lot	49-10-18-173-008.000-101
Legal Description	Atkinson 3rd Add Pt L42 & L43 1' N Se Cor L43 P.O.B. N93' W255' S134' E127.5' N41' E127.5' To Beg

Interior Features

Interior Amenities	Entrance Foyer
Basement (Y/N)	No
Total Bedrooms	4
Main Level Bedrooms	2
LivingAreaSource	Assessor
Total Baths	4

Exterior Features

Lot Features	Curbs,Sidewalks,Storm Sewer,Street Lights,Mature Trees,Wooded
Water Source	Public
Foundation Details	Crawl Space
Spa	No
Building Area Total	3692
Lot Size Acres	0.61
Waterfront Y/N	No
Horse Amenities	None