$311,957Average Value$193Average Price per Sq Ft68Homes For Sale
Why locals love the walkability and culture in Fountain Square
Quirky, historic and entirely its own, Fountain Square is one of Indianapolis ’ most distinctive neighborhoods. This neighborhood has been one of Indy's cultural and commercial centers for over a century, evolving from its origins as farmland into a thriving hub of creativity and commerce. Packed with bars, restaurants, art galleries and unique shops, the neighborhood is one of the city's best districts for shopping and nightlife. Residents enjoy walkability, historic architecture and vibrant local culture at spots like The Murphy Arts Center and the iconic Fountain Square Theatre Building.
Fountain Square has diverse housing options, from historic homes to modern new builds.
Friends love the food and the vibes inside Wildfyre Tap in Fountain Square.
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Where to shop, dine and drink in Fountain Square
Locally owned shops give Fountain Square an authentic, down-to-earth vibe. Virginia Avenue is lined with eclectic stores, bars and eateries. Pop culture permeates the neighborhood at spots like Hero House Comics and Elf 'N Moon Gaming and Hobby. There’s plenty of vintage stores, from Zodiac Vintage to Square Cat Vinyl and Lily’s Labyrinth Fountain Square. You can browse unique wares at Rooftop Fruit, a contemporary general store, or pick up a new plant at Snakeroot Botanicals. There’s also tons of restaurants, from fine dining at Geraldine’s Supper Club and Lounge to juicy burgers at the metal music-themed Kuma’s Corner. “You won’t find an O’Charley’s here,” says Realtor Bethany Schultz of United Real Estate Indianapolis. In Fountain Square, you can:
Sip lattes at shops like Bovaconti Coffee, Black House Café and Nine Lives Café and Cat Lounge
Sample diverse cuisine at restaurants like Siam Square, Revolucion and Yaso Jamaican Grill
Grab cocktails at The Inferno Room, The Brass Ring Lounge and Sam’s Silver Circle
Enjoy craft beverages at Fountain Square Brew Co., Upland Brewing Co. and WildEye Lounge, which serves up cannabis-infused drinks and mocktails
Enjoy refreshments from Bovaconti Coffee outside on their patio in Fountain Square.
Sip, snack and snuggle with adoptable cats at Nine Lives Cat Cafe in Fountain Square.
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From historic bungalows to modern designs, housing is diverse here
“Fountain Square has a very diverse housing inventory,” says Jess Martin, co-founder and broker at Maywright Property Co. “If someone says they want to live in Fountain Square, that tells me nothing about what kind of house they like, because they can get anything there. You can get new, you can get old, you can get a townhome and be right in the hustle and bustle of the main strip, or you can be removed from all of that and be on a quieter street.” Cottages and bungalows are common here, but you’ll also find American Foursquares and other 19th-century styles. New homes often sport modern farmhouse or sleek, asymmetrical contemporary designs. “It’s for people who value neighbors, walkability, and porch-sitting," Schultz says.
You can find fixer-uppers from about $80,000 up to the high $100,000s. Renovated compact cottages range from the low $100,000s to the low $300,000s. Most renovated homes fall between $200,000 and the mid-$400,000s, while larger homes and new builds start around $400,000 and can reach the high $700,000s. Townhouses and duplexes range from the mid-$200,000s to the low $400,000s.
You'll find a mix of single family and multifamily homes in Fountain Square.
Classic American foursquare-style houses standout from the usual Fountain Square home.
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Unique attractions from duck pin bowling to swing dance lessons
There’s no shortage of things to do in and around the neighborhood. The historic Fountain Square Theatre Building hosts weekly two-step and swing dancing lessons. The building is home to Atomic Bowl, a retro spot for duck pin bowling, a miniature version that uses smaller pins and balls. Finch Park has a playground and the Lilly Boys and Girls Club in the neighborhood. “You’re also really close to Gainbridge Fieldhouse and Lucas Oil, so that makes it really nice if you’re into sports or concerts,” Martin says.
Live music and local art are integral to the neighborhood’s vibe
The arts are at the heart of Fountain Square, which is evidenced by the murals, public art and the iconic fountain that anchors the neighborhood at the intersections of Virginia, Shelby and Prospect streets. Hi-Fi, with its three stages, welcomes both local and international performers. Radio Radio is a live music venue and lounge, while White Rabbit Cabaret is known for its burlesque and drag shows. The Murphy Arts Center, another cornerstone of the arts community, showcases local artists and craft vendors during First Fridays and interactive exhibits on Third Saturdays, both events free to the public.
Fountain Square is home to many shops full of character and personality, like Hero House Comics.
Fountain Square community volunteers host events like Scare in the Square.
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Nearby interstates and the Cultural Trail connect residents
The neighborhood is highly walkable and bikeable, and drivers enjoy easy access to Interstate 70 and I-65. Downtown Indianapolis is just a mile away, and bikers can hop on the roughly 10-mile Cultural Trail to commute downtown. “The Cultural Trail runs through Fountain Square, so its connectivity to the rest of the city is really great given that it has the highway and the Cultural Trail,” Martin says.
You'll find many traveling via bike on the Indianapolis Cultural Trail in Fountain Square.
Fountain Square is one of the city's best cultural and nightlife districts, just a mile south of the downtown area.
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William McKinley School 39 has an outdoor learning lab.
Outdoor learning at William McKinley School 39
Indianapolis Public Schools serves the area and offers open choice for specialized programs and magnet schools through a lottery process. Elementary school students at William McKinley School 39 get hands-on experience at the outdoor learning lab, which features beehives, garden beds and an amphitheater. For private school options, Emmaus Lutheran School offers a curriculum for students from pre-kindergarten through eighth grade.
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
Are you familiar with the Fountain Square neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Fountain Square
US
Homicide
5
4
Sexual Assault
5
4
Assault with Weapon
5
4
Robbery
5
4
Burglary
5
4
Motor Vehicle Theft
5
4
Larceny
5
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Fountain Square Demographics and Home Trends
On average, homes in Fountain Square, Indianapolis sell after 65 days on the market compared to the national average of 55 days. The median sale price for homes in Fountain Square, Indianapolis over the last 12 months is $315,000, consistent with the median home sale price over the previous 12 months.
Beautiful home in Fountain Square featuring a massive covered front porch, now enhanced with a recently added front porch fence that expands the usable outdoor space-perfect for relaxing or entertaining. Inside, the open-concept layout is complemented by tall ceilings, abundant natural light, and hand-scraped hardwood floors that run throughout the main level and upstairs. The gourmet kitchen
Back on the market at no fault of the sellers. Luxury Living & Income Potential in the Heart of Fountain Square!! Welcome to this stunning 2024-built home offering over 3,300 sq ft of thoughtfully designed living space, just steps from downtown, top dining spots, entertainment, and the dog park. This 4-bedroom, 4.5-bathroom property includes a beautifully updated carriage house with separate full
Looking for a move-in ready home where the big-ticket items are already handled and the location is just as good as the layout? Say hello to this 3-bedroom, 2.5-bath home near Fountain Square-because yes, it's that one. Just minutes from Fountain Square shopping, dining, and entertainment, this home is filled with natural light thanks to bright windows throughout, creating an open and welcoming
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
Luxury new-construction 3-bedroom, 3.5-bath home located in the highly sought-after Fountain Square neighborhood! This stunning property features a fully finished, separate basement unit and private, fully fenced yards for each unit, offering exceptional flexibility and privacy. Showcasing high-end finishes throughout, the home is currently furnished and operating as a successful two-unit
This incredible home which was rebuilt in 2021 has the original foundation from 1910, offers 2,212 square feet of thoughtfully designed living space. With 4 bedrooms, 3 full baths, and 1 half bath, the open floor plan creates a comfortable flow for everyday living and entertaining. The home features two primary ensuite bedrooms-one conveniently located on the main level and another on the second
***SELLER OFFERING CONECESSIONS FOR BUY DOWN OF INTEREST RATE*** Completely remodeled in 2024/25, this three-bedroom, two-bath home blends classic Indianapolis craftsmanship with today's premium upgrades. The kitchen stands as the center of the home - custom cabinetry, a modern waterfall faucet, and a full workstation sink kit designed for daily usefulness as well as weekend cooking. Both baths
Home is New and Move-In Ready! One of the last 2 rooftop townhomes in Colere. Designed and crafted with your life in mind, Colere townhomes include stunning rooftop terraces with Indy skyline views and attached private garages. This home includes a large rooftop deck, 2 bedrooms, Den, 2.5 baths, a 2-car garage and excellent spaces for entertaining. Also included are quartz counter tops, raised
This renovated 3-bedroom, 2.5-bath home sits in the center of Fountain Square, surrounded by local restaurants, coffee shops, and music venues. Every part of the property has been updated, including a new 2-car garage, siding, windows, doors, and mechanical systems, so the hard work is already done. Inside, the layout is open and filled with natural light. The design leans clean and simple, with
Do not miss out on this opportunity to call this your new home! This updated house is conveniently located near the heart of Downtown Indianapolis in the fountain sq area. The interior features lvp flooring for easy maintenance, quartz countertops, fresh paint, and stainless-steel appliances. The secluded backyard has plenty of space for amenities to be added or simply quite enjoyment. Pictures
Check out this incredible investment opportunity that meets the 1% rule just north of Fountain Square! With quick access to downtown, highways, and multiple cultural districts, this location is hard to beat. 149 Leota St has historically been used as a mid-term rental, currently rented for $1,650/mo. 151 Leota St was recently renovated and is currently rented for $1,350/mo as a traditional long
Welcome to this thoughtfully updated Fountain Square home offering over 3,200 sq ft of comfortable, well-designed living space. Tall 12 ft ceilings, hardwood floors, and an open, naturally bright layout create an easy flow throughout the main areas. Each level has its own HVAC and water heater, giving both floors independent comfort and flexibility-great for privacy, guests, multi-generational
This is the one. You've been looking high and low and in the midst of neighborhood revitalization, you've found it. Let's start with the location: this Fountain Square charmer is within close proximity to Pleasant Run, Garfield Park, trails, and many major roads. Next, let's examine the exterior: the large covered porch and fully-fenced back yard are sure to intrigue as they offer both relaxation
Step into The Assembly, where the historic architecture of the original Ford Assembly Plant meets sleek, modern design in the heart of downtown Indianapolis. This thoughtfully restored industrial landmark offers distinctive 1-, 2-, and 3-bedroom lofts with open layouts, in-unit laundry, stainless steel appliances, and expansive windows that flood each home with natural light. Residents enjoy
Updated 3 bed, 2 bath single-family home available for immediate lease just minutes from Fountain Square. This detached property offers 1,441 finished square feet (2,038 total sqft) and blends historic character with modern updates. Main level features laminate hardwood flooring, spacious living and dining areas, abundant natural light, and a full bath. The kitchen includes a gas range, stainless
Nestled in North Square, between the vibrant neighborhoods of Fletcher Place and Fountain Square in downtown Indy, Pinnex offers studio, 1, 2, and 3-bedroom apartments that combine historic charm with modern comfort. Each apartment is thoughtfully designed with sleek finishes, open layouts, and large windows that bring in ample natural light. Many floor plans also include walk-in closets,
Timing is Everything!!!! Stunning Lease opportunity within walking distance to Fountain Square near Fletcher Place! Close to downtown & roof top views bring the heart of the city to your doorstep! Fantastic green area across street at William Longfellow IPS medical Magnet School! THE ONLY retractable telescoping gate off alley for secure parking & increased outdoor entertainment area! Newer
Discover luxury living in the heart of Indianapolis at Union Square. Nestled in the vibrant Fountain Square District, our community offers the perfect blend of convenience and style. With Shelby Street, the Cultural Trail, and the Red Line at your doorstep, everything you need is within reach. Enjoy easy access to Fountain Square's entertainment, culture and nightlife, as well as downtown
Tucked in the vibrant and walkable Fountain Square neighborhood, this brand-new 757 sq ft carriage house offers the perfect blend of modern comfort, privacy, and urban convenience. Designed with intention and built with high-end finishes throughout, this open-concept residence is ideal for professionals seeking a refined, light-filled space just minutes from downtown. The thoughtfully designed
Discover a Community Designed for Modern LivingDiscover our Fountain Square apartments in Indianapolis located precisely a mile outside of downtown. This place is ideal for those who want to experience the convenience of urban living without sacrificing comfort and tranquility. With spacious floor plans and a variety of amenities, including a fitness center and a myriad of parking options ,
Be the first to live in this stunning, fully renovated home where everything is brand new from top to bottom! Located in the electric and highly sought-after Fountain Square Alliance neighborhood, this property offers unmatched modern amenities and space just moments from downtown's best entertainment. This single-family home has been meticulously updated and boasts the luxury features tenants
Welcome to Forte Apartments, located in Fountain Square, 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 pantry, stainless steel appliances, washer and dryer, and large balconies are some of the apartment amenities
This mid or long term rental carriage house is right in the heart of Fountain Square close to everything the city has to offer. Not only is the unit amazing, it has an attached garage and 680 SF ROOF DECK with amazing sightlines!
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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