$315,336Average Value$365Average Price per Sq Ft9Homes For Sale
Fountain Square is an artsy area
Fountain Square, located just southeast of downtown Indianapolis, is a neighborhood that stands out for its artsy vibe and locally owned businesses. This neighborhood has been one of Indianapolis's cultural and commercial centers for over a century, evolving from its origins as farmland into a thriving hub of creativity and commerce. The area is known for its walkability, historic architecture, and vibrant local culture including The Murphy Arts Center. “It’s for people who value neighbors, walkability, and porch-sitting," Realtor Bethany Schultz of United Real Estate Indpls says.
Having a home in Fountain Square is a special opportunity for anyone.
Elevate your evening in Fountain Square with breathtaking city views from The Rooftop Garden's.
1/2
Locally owned businesses define Fountain Square
Fountain Square’s shopping and dining scenes are dominated by small, locally owned businesses, creating a unique and authentic neighborhood experience. The stretch of Virginia Avenue is particularly notable for its diverse array of international cuisines, including the popular Thai eatery, Siam Square, and the expansive bubble tea menu at Harmony Tea Shoppe. Residents also enjoy specialty coffee from Bovaconti Coffee, which exclusively brews beans from Indiana roasters, and can indulge in a cozy atmosphere with adoptable cats at Nine Lives Cat Café. “You won’t find an O’Charley’s here,” Schultz says, highlighting the neighborhood’s preference for local, independent businesses over national chains.
Enjoy your 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.
1/2
Fountain Square’s arts scene thrives with venues and festivals
The arts have been at the heart of Fountain Square for decades, and while the neighborhood no longer hosts as many theaters as it once did, it still has several key cultural venues. Hi-Fi, with its three stages, welcomes both local and international performers, making it a central hub for live music. Radio Radio offers a relaxed setting for enjoying rock music, while White Rabbit Cabaret presents a variety of performances, from comedy to burlesque. 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.
The Fountain Square community volunteers host this special event of Scare in the Square.
1/2
Different architectural styles reflect Fountain Square’s roots
Homebuyers can find bungalows priced between $185,000 and $420,000, offering a blend of early 20th-century craftsmanship and modern updates. Minimal Traditional, American Foursquare, Colonial Revival and Tudor homes are available for as low as $240,000 to $460,000. The median home price in Fountain Square is $312,500. The neighborhood's CAP Index score is a 5 out of 10, indicating a moderate crime risk typical for an urban area of its size.
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.
1/2
Pleasant Run Trail offers a serene escape
While Fountain Square is known for its urban vibe, residents also have access to green spaces that offer a break from city life. The Pleasant Run Trail, which borders the neighborhood to the south, provides a tree-lined path for walking, running, or biking. This trail follows the Pleasant Run creek, offering a scenic and serene environment for outdoor activities.
Take a stroll with nature anywhere along the Pleasant Run Trail in Fountain Square.
Colorful single family homes are a favored theme among Fountain Square locals.
1/2
Interstate 65/70 and Cultural Trail make Fountain Square accessible
Fountain Square is conveniently bordered by Interstates 65 and 70 to the west, making it accessible for those who work in or near downtown Indianapolis. The neighborhood’s walkability is enhanced by the Indianapolis Cultural Trail, which begins at Virginia Avenue, offering a bike-friendly route to downtown that helps residents avoid rush-hour traffic.
You'll find many traveling via bike on the Indianapolis Cultural Trail in Fountain Square.
Take a walk around the World War II Memorial downtown near Fountain Square.
1/2
Fountain Square’s schools offer unique learning opportunities like learning lab with a chicken coop
Students can attend William McKinley Elementary, which has a C rating from Niche. The school is particularly noted for its outside-the-classroom learning opportunities, including an outdoor learning lab with a chicken coop, orchard, garden beds, and a beehive, giving students hands-on experience with agriculture. Henry W. Longfellow Middle School has a C-minus rating. For high school older students can attend Arsenal Technical High School, rated C by Niche. For private school options, Emmaus Lutheran School offers a curriculum for students from pre-K through eighth grade.
William McKinley Elementary School is a beacon of education in the heart of Fountain Square.
Arsenal Technical High School is located in Indianapolis, Indiana.
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
Timothy O'Connor,
an experienced agent in this neighborhood.
Parks in this Area
Willard Park
Highland Park
Ringgold Park
Playground
Hot Shot Tot Lot
Stacy Park
Edna Balz Lacy Park
Garfield Park Conservatory
Transit
Airport
Indianapolis International
27 min drive
Bus
Virginia Ave & Grove Ave
Bus
Prospect St & Pleasant Run Pkwy N Dr
Bus
Prospect St & Spruce St
Bus
Prospect St & State Ave
Bus
Prospect St & Laurel St
Bus
Prospect St & Olive St
Bus
English Ave & State Ave
Fountain Square Demographics and Home Trends
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.
Positioned in close proximity to the vibrant cultural heart of Fountain Square, this modern residence masterfully balances contemporary design with effortless livability. Set amid celebrated restaurants, renowned art galleries, live music venues, and artisanal coffee houses, this residence offers a seamless connection to one of the city's most dynamic creative enclaves. The sun-drenched
This renovated 2019 home in Fountain Square blends Victorian charm with modern elegance. Boasting 4 bedrooms, including a home office with custom cabinetry. Featuring 9-ft ceilings, a drop zone off the backdoor, 3 full baths, & an accent wall in the family room. Every detail has been thoughtfully curated. The kitchen showcases quartz countertops, a waterfall island, walk-in pantry, and stainless
Say hello to your next "nailed it" moment-this 3 bed, 2.5 bath gem in the heart of Fountain Square was completely rebuilt and reimagined by none other than the iconic 2 Chicks and a Hammer! The vibe? Stylish meets smart. The main-level primary suite offers comfort and convenience, while laminate flooring throughout brings a sleek, modern touch with low-maintenance ease. Out back, you've got a
Welcome to your 3-story showstopper where charm meets opportunity on every level! This 4 bed, 3.5 bath beauty is freshly built and fully loaded-from the gourmet kitchen that'll make your DoorDash app jealous, to the luxury vinyl plank flooring that runs smoother than Haliburton in clutch time. Retreat to the primary suite where the massive walk-in shower and soaker tub basically double as your
A beautifully renovated 2-bedroom, 1-bath home located just minutes from the vibrant Fountain Square neighborhood. This home perfectly balances its timeless charm with thoughtful updates, offering plenty of room to relax and entertain. Inside, you'll find ample living space, including a cozy living room, a spacious family room, and a versatile rec room that fits any lifestyle. The laundry area is
Live in the heart of Fountain Square in this beautifully furnished carriage house-perfect for short- or long-term stays. This private 1-bed, 1-bath unit comes fully equipped with all appliances, in-unit laundry, and stylish furnishings throughout. Enjoy the ease of move-in ready living with a spacious kitchen, cozy living area, and modern finishes. Tucked away from the main street but steps from
The Assembly is a mixed-use space born from the old Ford Assembly Plant on East Washington Street in downtown Indianapolis. Minutes from Fountain Square and Mass Ave Arts District, The Assembly features industrial 1, 2 & 3 bedroom lofts. The Assembly has select 1-bedroom floorplans with Workforce discounts (income limits apply on Workforce Housing apartments only). Contact us for current pricing
Discover the charm of this welcoming home blending comfort and convenience. Enjoy two spacious bedrooms, an open living area with natural light, and a functional full bathroom. The kitchen is perfect for culinary adventures and gatherings. Located in a friendly neighborhood, this home offers community spirit and easy access to city attractions. Experience the balance of urban excitement and
Interested in learning more about homes in this area?
Reach out to
Timothy O'Connor,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
7,857
Median Age
34
Population Density
10 ppl/acre
Population under 18
23.1%
On par with the national average
23.8%
Population over 65
9.5%
Below the national average
19.1%
Finances
Median Household Income
$73,793
On par with the national average
$71,702
Average Household Income
$99,625
Education and Workforce
High School Graduates
79%
Below the national average
89.1%
College Graduates
41.5%
Above the national average
34.1%
Advanced Degrees
13.7%
% Population in Labor Force
71.9%
Weather
Annual Precipitation
43''
Average Winter Low Temperature
21°F
Average Summer High Temperature
85°F
Annual Snowfall
16''
Area Factors
Very Bikeable
Bike Score®
78/ 100
Somewhat Walkable
Walk Score®
57/ 100
Some Transit
Transit Score®
39/ 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.
