Why Live in Fletcher Place
Fletcher Place in Indianapolis is a historic neighborhood known for its quaint and charming homes, reflecting a variety of architectural styles including cottages, bungalows, Stick, Queen Anne, and Italianate. Originally settled by Danish and Italian craftsmen, the area features homes that are rich in character. Condos in the neighborhood range from units in historic buildings to modern complexes along Virginia Avenue. The neighborhood's proximity to downtown is highlighted by views of Salesforce Tower and the headquarters of Eli Lilly Co., making it convenient for those working in the city center. The IndyGo Red Line provides public transportation options, though it is still gaining traction among residents. Fletcher Place is also near the medical corridor, including IU Health University Hospital and Eskenazi Hospital, about 3.5 miles away. Indianapolis International Airport is 15 miles from the neighborhood, and the Amtrak station is about a mile away.
Fletcher Place is home to several notable attractions, including acclaimed restaurants like Bluebeard and Milktooth, as well as Calvin Fletcher’s Coffee House. The neighborhood also boasts Chilly Water Brewing Company and Hotel Tango Distillery. The Dugout Bar, a beloved dive bar, adds to the local charm. The Holy Rosary Catholic Church Italian Street Festival is a major annual event, bringing the community together each June. Residents can enjoy Edna Balz Lacy Park, which features bocce courts, and Fletcher Woods, a small park with a winding path. The Indianapolis Cultural Trail runs through the neighborhood, providing a scenic route to Lucas Oil Stadium and Gainbridge Fieldhouse. Herron High, an A-rated charter school, is available for students in the area.
Home Trends in Fletcher Place, IN
On average, homes in Fletcher Place, Indianapolis sell after 59 days on the market compared to the national average of 52 days. The median sale price for homes in Fletcher Place, Indianapolis over the last 12 months is $335,000, down 14% from the median home sale price over the previous 12 months.
Median Sale Price
$335,000
Median Single Family Sale Price
$340,000
Median Townhouse Sale Price
$291,000
Median 2 Bedroom Sale Price
$322,500
Median 1 Bedroom Sale Price
$230,000
Average Price Per Sq Ft
$243
Number of Homes for Sale
9
Last 12 months Home Sales
45
Median List Price
$364,950
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-14%