$394,274Average Value$256Average Price per Sq Ft13Homes For Sale
The 'older sibling' to nearby Fountain Square
Initially developed as a residential community southeast of Downtown Indianapolis in the late 19th century, Fletcher Place is one of Indy’s hottest neighborhoods in the 21st century thanks to its combination of historic homes, high walkability, proximity to the city’s biggest employers and a thriving culinary scene. And though Fletcher Place is closely connected to nearby Fountain Square, the neighborhoods have distinct identities despite their proximity. “Fountain Square is funky, electric, young,” says Laura Waters, a Fletcher Place resident and Realtor with EasyStreet Realty. “Fletcher Place is the older, more mature sibling.”
Eclectic coffee houses, award-winning restaurants and a classic dive bar
Fletcher Place is home to several of Indy’s most well-regarded restaurants. Bluebeard, named after the novel by Indianapolis native Kurt Vonnegut, is a farm-to-table eatery that was a semifinalist for the James Beard Award for Best New Restaurant in America when it opened in 2012. Milktooth, set in a former Plymouth DeSoto dealership, is a breakfast and brunch spot that Bon Appetit named one of the country’s 10 best new restaurants in 2015. Bosphorus Istanbul Cafe is the lone Turkish restaurant in Indianapolis. Calvin Fletcher’s Coffee House, named for the neighborhood’s founder, is a popular neighborhood gathering spot. Amberson Coffee and Grocer, built in a former service station, serves its to-go coffee in reusable glass jars to cut down on waste. Chilly Water Brewing Company and Hotel Tango Distillery serve locally made libations. But even amid this cutting-edge culinary scene, the neighborhood’s most enduring institution is the no-frills Dugout Bar. First opened in 1954, the bar is adorned with pro-union bumper stickers, 1990s beer ads and photos of former regulars who have passed away. It's proud to be called a dive — in fact, Thrillist named it the top dive bar in Indiana. “It reminds me of drinking in my grandpa’s garage,” says resident Joe Tamborello, who calls the bar his favorite in Indianapolis.
Fletcher Place is one of Indy’s foodie hotspots, home to fine establishments like Chilly Water.
Enjoy a brunch outside on the patio at Milktooth in Fletcher Place.
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A walkable and bikeable community with interstate access
Fletcher Place’s proximity to downtown is made clear by the sight of Indiana’s tallest building, Salesforce Tower, which still looms large over Virginia Avenue despite being a mile away. Similarly, the headquarters of Eli Lilly Co., Indy’s second-largest employer, is visible over McCarty Street, making it clear this is an ideally situated neighborhood for anyone working at Lilly or downtown. The IndyGo Red Line, the city’s first bus rapid transit system, has stopped along Virginia Avenue since its 2019 unveiling, though Waters says, “people in Indianapolis are still getting used to public transportation.” Indy’s medical corridor, which includes IU Health University Hospital and Eskenazi Hospital, is about 3.5 miles away. Traveling afar is easy thanks to the neighborhood's location at the junction of Interstates 65 and 70. Indianapolis International Airport is 15 miles from Fletcher Place. The Indianapolis Amtrak station is about a mile from the neighborhood.
The IndyGo buses take Fletcher Place residents all over Indianapolis.
The Fletcher Place neighborhood is just minutes from Downtown Indianapolis.
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Victorian-era houses and historic buildings repurposed as condos
Houses in Fletcher Place are from the Victorian era but aren’t grandiose mansions. Danish and Italian immigrant craftsmen made up much of the neighborhood’s original population, and the houses reflect their budgets. “It has a lot of diversity in housing styles, but they aren’t the three-story brick houses of the Old Northside,” Waters says. “It is a historic area, and the homes are cute, quaint and charming to look at.” Cottages, bungalows, Stick, Queen Anne and Italianate styles are all found in the neighborhood, with prices ranging between $300,000 and $750,000. Condos in the neighborhood vary from units built in historic former churches, schools and factories to recently constructed complexes on Virginia Avenue. Condo prices range between $250,000 and $725,000.
Small historic houses such as this can be found tucked away in the Fletcher Place neighborhood.
For those who prefer condos, Fletcher Pointe is located in the Fletcher Place neighborhood.
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Indianapolis Cultural Trail connects Fletcher Place to other downtown neighborhoods
Edna Balz Lacy Park is more than a typical neighborhood park and playground. The century-old fixture also features bocce courts with leagues hosted by the Italian Heritage Society of Indiana. Fletcher Woods, located on a sliver of land near the interstate exit ramp, is highlighted by a gently winding path popular with neighborhood dog walkers. The brick-paved Indianapolis Cultural Trail along Virginia Avenue is another signature Fletcher Place feature. The trail system connects for 10 miles around downtown.
The Indianapolis Cultural Trail runs straight though Fletcher Place.
Picnic pavilion at Edna Balz Lacy Park in Indianapolis, Indiana.
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Holy Rosary Italian Street Festival an annual highlight
The Fletcher Place Neighborhood Association plays an active role in the community, hosting monthly meetings and committees. In the summer, the Fletcher Place Community Center in Fountain Square has a Saturday veggie stand at its community garden. But, the neighborhood’s biggest annual event is the Holy Rosary Catholic Church Italian Street Festival, which takes over Edna Balz Lacy Park and the streets in front of Holy Rosary over two nights each June. “My son tasted his first cannoli at the Italian Street Fest,” Tamborello says. “It’s a great event that really brings the whole neighborhood to life.” Neighborhood residents are also within walking distance of Colts games at Lucas Oil Stadium and Pacers or Fever games at Gainbridge Fieldhouse – the Cultural Trail leads directly to both stadiums.
Fletcher Place residents have easy travel access to Colts games at Lucas Oil Stadium.
Welcome to Edna Balz Lacy Park in Indianapolis, Indiana.
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Most students attend schools outside the neighborhood
Lumen Christi Catholic School and High School is in the neighborhood but has a total enrollment of less than 100 students in kindergarten through twelfth grade. The school is unrated by Niche. There are no public schools in Fletcher Place. Elementary students can attend Washington Irving Neighborhood School 14, which is also unrated. H.W. Longfellow Middle School earns a C-minus rating. Arsenal Tech High, which is the largest in Indianapolis by enrollment and sits on a sprawling 76-acre campus, has a C-rating. Students can also apply to Herron High, an A-rated charter school just north of downtown.
Lumen Christi Catholic School, a private school located in Indianapolis, Indiana.
Washington Irving Elementary School, serving Indianapolis students up to 5th grade.
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Important to know
The CAP Index rates the area a crime score of 7 out of 10, higher than the national average of 4. Property crimes rate higher than the average.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Luci Chalian,
an experienced agent in this neighborhood.
Parks in this Area
Highland Park Playground
Highland Park
Ringgold Park
Playground
Hot Shot Tot Lot
Hendricks Park
Picnic Area
Playground
Edna Balz Lacy Park
Transit
Airport
Indianapolis International
25 min drive
Bus
Virginia Ave & College Ave
Bus
East St & Warsaw St
Bus
Fletcher Ave & Virginia Ave
Bus
Fletcher Ave & Pine St
Bus
Fletcher Ave & College Ave
Bus
Virginia Ave & Lexington Ave
Bus
Fletcher Place Station Nb
Crime and Safety
1 - Low Crime, 10 - High Crime
Fletcher Place
US
Homicide
4
4
Sexual Assault
6
4
Assault with Weapon
5
4
Robbery
7
4
Burglary
8
4
Motor Vehicle Theft
8
4
Larceny
9
4
Crime Score
7
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Fletcher Place, Indianapolis sell after 52 days on the market compared to the national average of 47 days. The average sale price for homes in Fletcher Place, Indianapolis over the last 12 months is $409,477, down 5% from the average home sale price over the previous 12 months.
Welcome to an exceptional investment opportunity or house-hacking dream in the heart of Indianapolis! Located in the historic Fletcher Place neighborhood, this fully renovated duplex is a unique and versatile property in one of the city's most sought-after areas. The property features two spacious and thoughtfully designed units. The main-level unit includes 2 bedrooms and 1 bath, while the
Welcome home. Location and walkability at its finest. Easy walk or bike ride to some of the best Indy has to offer. Fabulous 2-bedroom, 2.5 bathroom townhome available in desired Fletcher Place, now known as the Fountain-Fletcher District. One of the best units in the complex. Perfectly situated end unit allowing for extra windows and views of the downtown skyline from several floors. The rooftop
The views are amazing from here! Enjoy your beautiful condo downtown on the Cultural Trail, close to Lucas Oil, Gainbridge and all that downtown has to offer. One of the middle units has 3 bedrooms, 2 full baths, and a primary bedroom with spectacular windows to overlook the skyline. Hardwood floors throughout the living area and tile kitchen and bath floors. Walk in closets in two of the
Welcome to Slate Apartments, located on Virginia Ave, where modern living meets convenience and style! Our community offers a variety of spacious and thoughtfully designed studio, one-bedroom, and two-bedroom apartments. Skyline views of Downtown Indianapolis, kitchen islands with waterfall countertops, stainless steel appliances, washer and dryer, and large balconies are some of the apartment
Impressive Top Floor Fletcher Place Condo Featuring A Two-Story Great Room, Loft, 2 Bedrooms, 2.5 Bathrooms, 2-Garage Spaces And A Rooftop | New HVAC | You will quickly realize that this is a unique opportunity available at Union Laundry Lofts. Featuring nearly 2,200 sqft, this condo lives large for the price point. The grand living space with two floors of brick walls, an updated kitchen with
Located right on the Cultural Trail, midway between Downtown Indianapolis and the Fountain Square Cultural District, we’ve created a landmark that celebrates Indy’s most vibrant neighborhood. At Hinge, you’ll find 56 distinctive apartment residences that offer more than you’d ever expect from urban living.From the classic trellis ceilings to premium stainless steel appliances and quartz
Interested in learning more about homes in this area?
Reach out to
Luci Chalian,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
2,331
Median Age
34
Population Density
13 ppl/acre
Population under 18
13.3%
Below the national average
23.8%
Population over 65
5.8%
Below the national average
19.1%
Finances
Median Household Income
$96,171
Significantly above the national average
$71,702
Average Household Income
$115,499
Education and Workforce
High School Graduates
78.6%
Below the national average
89.1%
College Graduates
42.9%
Advanced Degrees
18.9%
% Population in Labor Force
42.2%
Below the national average
65.1%
Weather
Annual Precipitation
43''
Average Winter Low Temperature
21°F
Average Summer High Temperature
85°F
Annual Snowfall
16''
Area Factors
Biker's Paradise
Bike Score®
98/ 100
Very Walkable
Walk Score®
83/ 100
Good Transit
Transit Score®
61/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
