Sheldon Barnes
For Sale — 921 S State Avenue, Indianapolis, IN 46203921 S State Avenue
Indianapolis, Indiana 46203
Fountain Square
$280,000
Schedule a Showing3
Beds
2
Baths
1,534
Sq Ft
2016
Year Built
0.06
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 921 S State Avenue in Fountain Square, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Nestled in the heart of Fountain Square, one of Indianapolis's most desirable and energetic neighborhoods, this beautifully maintained 3-bedroom, 2-bath multi-level traditional American townhome offers the perfect combination of style, location, and investment potential. Step inside to a thoughtfully designed layout featuring boutique-style finishes and versatile living spaces ideal for both everyday comfort and entertaining. The multi-level design provides added privacy and functionality, making it perfect for homeowners and guests alike. Out back, enjoy a patio-perfect for relaxing evenings, hosting gatherings, or accommodating pets. A one-car garage adds convenience and valuable storage space. This property truly stands out with its proven short-term rental success. Current ownership has demonstrated strong Airbnb income potential, with high occupancy driven by its prime location and appealing finishes-offering an excellent opportunity for investors or those seeking supplemental income. Located just minutes from downtown, you'll have quick access to major highways, top dining, nightlife, entertainment, and educational hubs. Whether you're looking for a vibrant lifestyle or a high-performing investment, this Fountain Square gem delivers on all fronts. Don't miss your chance to own in one of Indianapolis' most sought-after communities!
Key things to know
- Fountain Square subdivision
Monthly payment
Estimate · $280,000
$2,016/mo
≈ $1,490 principal & interest · $526 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $56,000 on a loan of $224,000.
Price history
- Listedat $280,000
May 4, 2026
Fountain Square · activity
past 6 months
- Sold
- 7
- Median price
- $330,000
- Median DOM
- 14 days
Recent comparable sales
$208,000
1426 E Bradbury Avenue
3bd · 2ba · 1,320 sqft
Sold May 2026
$125,000
2134 Spann Avenue
3bd · 1ba · 1,085 sqft
Sold May 2026
$240,000
835 Parkway Avenue
2bd · 1ba · 1,254 sqft
Sold May 2026
$235,000
3115 Salamonie Drive
3bd · 2ba · 1,196 sqft
Sold May 2026
$235,000
747 E McCarty Street
3bd · 2ba · 1,822 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 19% above median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$280,000Listed· May 4, 2026
7 days on market
Layout
Primary suite
See Remarks
Primary bath
Tub Full with Shower
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis1.8 mi
- Monon Trail (Carmel)14.1 mi
- Carmel Central Park14.7 mi
- IU Health North Hospital14.7 mi
- Carmel High School14.8 mi
- Carmel Arts & Design District15.4 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,534 sq ft
Year Built
2016
Stories
Multi/Split
Subdivision
Fountain Square
Bedrooms
3
Bathrooms
2 full
Garage
1 spaces
School District
Indianapolis Public Schools