Is your heart drawn to the "painted ladies"? Do you relish spending your free time sanding floors, laying tile & installing cabinets? Do you enjoy picking through architectural salvage, in search of things to refinish, repurpose & rejuvenate? Do you find it thrilling to visualize "what CAN be" when you're standing in the mess of "what WAS?" If you answered YES to any of these questions & you're in the market for a new home, or at least a BIG opportunity, then let us introduce you to 1504 Fletcher Avenue! She is certainly pleased to meet you, for she is one of the last blighted properties on Fletcher Ave & she is looking for a new lease on life ASAP. Time may have been hard on her; but she has much to offer, for this sprawling beauty w/ a double lot in the heart of Indy's HOT Fountain Square ngbrhd is hoping someone will embrace her potential. It is a fact that she is in rough shape at the moment & she needs EVERYTHING, from the mechanicals to the finishes, inside & out, but she's got GREAT BONES & a floor plan that begs to be returned to its original, gracious design. She's got elevated ceilings, much of her original trim, 8' doors, 4 fireplaces, 3 huge bedroom suits upstairs & opportunity for a killer primary suite on the main floor. She's got level floors, a seemingly sound foundation & wraparound porch; & she's got the coolest rounded windows in the front bay that give her all the more character, along with fun tile inlays in her chimney. We think she was probably converted to a boarding house in the 30s or 40s, as all the bedrooms upstairs have private baths & efficiency kitchens (which would have been unheard of in her day). Just imagine how GRAND she could be again?!? And given that she is surrounded by $350-550K homes, you can see the upside. Yes, it's going to take cash, a reliable contractor & a lot of love, but she can be that BEAUTY you've been looking for by spring, if you get started now. Obviously, this one is sold strictly AS IS.

Listing courtesy of Carpenter, REALTORS® 3178472695



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2025-10-18 05:34 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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