USAINIndianapolisFletcher Place316 College Ave

New

$550,000

For Sale

2 days ago

316 College Ave, Indianapolis, IN

Name: 316 College Ave, For Sale in Indianapolis - eXp Realty
Brand: F.C. Tucker Company
SKU: 22116049
Price: 550000 USD

House

MLS® 22116049

3 Bed

2 Bath

2195 sqft

2 Parking

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 2195 sqft

Garage Yes

Taxes

Days Active 2

Lot Size 0.18 Acres

Approx. Age 1872

Avg. Price Per Sqft $250

MLS® Number 22116049

Property Address: 316 College Ave, Indianapolis, IN, 46202-4008

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to own one of Downtown Indianapolis' earliest all-brick Italianate homes. Built in 1872 and located in the heart of the Fletcher Place Historic District, this remarkable residence has stood the test of time for more than 150 years. Originally built for successful southside businessman Henry Laut, who called it home until his passing in 1925, the property has been lovingly cared for by its current owners for the past 15 years. Rich with original character, this home is ready for its next chapter. Whether you choose to thoughtfully update and personalize it or simply appreciate its timeless charm as it is, the possibilities are endless-and the pricing reflects the opportunity. The spacious main level offers an inviting blend of historic details and everyday functionality, featuring the original front parlor (currently used as a family room), a generous living room, an elegant dining room, a well-appointed kitchen with a center island, and a full bath. Upstairs, you'll find three spacious bedrooms and a second full bath. Situated on an extraordinary lot stretching nearly 200 feet deep, the outdoor space is a true urban retreat. Enjoy evenings around the firepit, tinker in the storage shed, or take advantage of the oversized 1.5-car detached garage with an attached covered carport. The true bonus is the highly sought-after, income-producing carriage house apartment above the garage. This open-concept, studio-style space includes a full kitchen and full bath, making it ideal for guests, rental income, or a private home office or creative studio. Topping it all off is the spectacular private rooftop deck, where you can unwind while taking in sweeping views of the Downtown skyline. All of this is just steps from Fletcher Place's acclaimed restaurants, parks, coffee shops, entertainment, and cultural attractions, offering an exceptional opportunity to own a piece of Indianapolis history while enjoying one of the city's most vibrant neighborhoods

MLS® Number22116049

Laundry LevelMain

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age1872

BasementUnfinished

Driveway

Garage Spaces

HeatZoned, Forced Air, Natural Gas

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 24, 2026List Date

$550,000List Price

Home Appraisal

This property is estimated to sell between: $363,000 and $644,000.

Similar properties in this area sold on average for: $363,760

Expected to sell in 39 days. Similar properties sold in 41 days. This home has been on eXp Realty for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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