1501 Fletcher AVE new Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46203
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,946 sqft
Price per Sqft $31
Subdivision Spann & Cos 2Nd Woodlawn Add
MLS Listing ID 22066251
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1890
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Single Family Residence
Property Description
If ever there was a worthy renovation project, this is it! Originally built as a grand single-family home (or so we believe), 1501 Fletcher Ave was converted into a 4-unit apartment building at some point in the 30s or 40s. Time has been hard on her, and she has been empty for many decades, but that doesn't mean she can't have a bright future! Just look to her left & right to see the revitalization of Fletcher Ave, at the heart of Fountain Square. If you'll stroll the street, you can imagine what she can be again, surrounded by new and restored homes in the $500k range. She wants to be one of those! She longs for the pitter patter of little feet in her nearly 4000sf. She craves a flower garden in the huge back yard and ferns hanging on the porch, perhaps with a big, old dog sleeping on his watch. She waits to host a new owner on the upper balcony, waiving to the neighbors on a Sunday afternoon. Have you got the vision, the passion, the patience and the means to craft this story? It will be well worth it! Right now, as best we can tell, she is broken up into 4 apartments, each with 2 bedrooms, a living room, kitchen & bath. She does need everything - starting with a gut job to figure out her original floor plan. She appears structurally sound, all the floors are level, the ceilings are high, original doorways and trim remain. She can be beautiful; and at the entry price, there is definitely upside for the investment, but this is no small weekend warrior project. ** SELLER WILL RECEIVE OFFERS UNTIL NOON ON 10/7/2025 & WILL RESPOND BY 7PM SAME DAY **
Location
State IN
County Marion
Rooms
Basement Cellar,Unfinished
Main Level Bedrooms 4
Interior
Interior Features Entrance Foyer
Heating None,Natural Gas
Cooling None
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Y
Appliance None
Exterior
Utilities Available Cable Available,Natural Gas Available,Sep Electric Meter,Sep Gas Meter,Sep Sewer Meter,Sewer Connected,Water Connected
View Y/N false
Building
Story Two
Foundation Block,Crawl Space
Water Public
Architectural Style Traditional,Victorian
Structure Type Brick,Vinyl Siding
New Construction false
Schools
Elementary Schools William Mckinley School 39
Middle Schools Hw Longfellow Med/Stem Magnet Midl
High Schools Arsenal Technical High School
School District Indianapolis Public Schools