Why Live in Fountain Square
Fountain Square in Indianapolis is a vibrant neighborhood known for its local, independent businesses and diverse dining options. Virginia Avenue is a highlight, featuring international cuisines such as Siam Square for Thai food and Harmony Tea Shoppe for bubble tea. Residents can enjoy coffee from Bovaconti Coffee, which uses beans from Indiana roasters, or relax at Nine Lives Cat Café. The area offers a mix of early 20th-century homes, including bungalows, Minimal Traditional, American Foursquare, Colonial Revival, and Tudor styles, with prices ranging from $185,000 to $460,000. The neighborhood has a moderate crime risk typical for an urban area. Fountain Square provides green spaces like the Pleasant Run Trail, ideal for walking, running, or biking along the scenic Pleasant Run creek. The neighborhood's accessibility is enhanced by its proximity to Interstates 65 and 70 and the Indianapolis Cultural Trail, which offers a bike-friendly route to downtown. Cultural venues such as Hi-Fi, Radio Radio, and White Rabbit Cabaret contribute to the area's rich arts scene, while the Murphy Arts Center hosts local artists and events.
Home Trends in Fountain Square, IN
On average, homes in Fountain Square, Indianapolis sell after 132 days on the market compared to the national average of 70 days. The median sale price for homes in Fountain Square, Indianapolis over the last 12 months is $430,000, up 16% from the median home sale price over the previous 12 months.
Median Sale Price
$430,000
Median Single Family Sale Price
$533,000
Median Townhouse Sale Price
$589,900
Median 2 Bedroom Sale Price
$195,000
Median 1 Bedroom Sale Price
$173,500
Average Price Per Sq Ft
$364
Number of Homes for Sale
9
Last 12 months Home Sales
143
Median List Price
$505,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
16%