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Fountain Square Townhomes for Sale

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  • 1315 Colere Place, Indianapolis, IN 46203
    1315 Colere Place, Indianapolis, IN 46203
    1315 Colere Place, Indianapolis, IN 46203
    /7

    $354,900

    • 2 Beds
    • 2.5 Baths
    • 1,369 Sq Ft

    1315 Colere Place, Indianapolis, IN 46203

    Nestled in Colere in Fountain Square this townhouse offers a fresh take on modern living. Brand new construction, this property presents a rare opportunity to embrace contemporary design in a desirable location. With open living spaces, this townhouse provides a comfortable and functional layout. The two bedrooms offer private retreats, each designed to maximize space and light. This 3-story

    Denise Potter Onyx and East, LLC

    1315 Colere Place, Indianapolis, IN 46203
  • 1624 Prospect St, Indianapolis, IN 46203
    1624 Prospect St, Indianapolis, IN 46203
    1624 Prospect St, Indianapolis, IN 46203
    /47

    $369,000

    • 2 Beds
    • 2.5 Baths
    • 1,774 Sq Ft

    1624 Prospect St, Indianapolis, IN 46203

    Discover your beautifully remodeled townhome in the lively Fountain Square district of Indianapolis. This move-in ready home features 2 generous bedrooms and 2.5 stylish bathrooms. The kitchen boasts a large center island, making it a delightful space for cooking and entertainment. Enjoy the expansive porch, perfect for relaxation. With dedicated garage space and low maintenance living, you're

    Mark Branch Highgarden Real Estate

    1624 Prospect St, Indianapolis, IN 46203
  • 1622 Prospect St, Indianapolis, IN 46203
    1622 Prospect St, Indianapolis, IN 46203
    1622 Prospect St, Indianapolis, IN 46203
    /48

    $369,000

    • 2 Beds
    • 2.5 Baths
    • 1,774 Sq Ft

    1622 Prospect St, Indianapolis, IN 46203

    Discover your beautifully remodeled townhome in the lively Fountain Square district of Indianapolis. This move-in ready home features 2 generous bedrooms and 2.5 stylish bathrooms. The kitchen boasts a large center island, making it a delightful space for cooking and entertainment. Enjoy the expansive porch, perfect for relaxation. With dedicated garage space and low maintenance living, you're

    Mark Branch Highgarden Real Estate

    1622 Prospect St, Indianapolis, IN 46203
Indiana Marion County Indianapolis Fountain Square

Townhomes for Sale in Fountain Square, Indianapolis

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.
Learn more about living in Fountain Square

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.

Housing Trends

Median Sale Price
$430,000
Median Single Family Sale Price
$556,000
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
$365
Number of Homes for Sale
9
Last 12 months Home Sales
143
Months of Supply
0.80
Median List Price
$505,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
16%
How to Buy a Home How to Finance a Home How to Sell a Home

In Fountain Square, there are currently 3 townhouses for sale, offering a variety of options for potential buyers. With townhouses ranging from $354,900 to $369,000, there's something for every budget. As of August, 2025 the median home price in Fountain Square, Indianapolis is $505,000, while the average sale price is $817,672, providing insight into local market trends. On average, townhouses spend 132 days on the market before being sold. Whether you're interested in modern townhouses, small townhomes, or traditional rowhouses, there are options available to suit your needs. Browse properties and townhomes for sale in Fountain Square, Indianapolis, and discover the ideal residence to fit your needs.

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