$317,315Average Value$194Average Price per Sq Ft79Homes 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.
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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.
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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.
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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.
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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.
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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.
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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
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Fountain Square Demographics and Home Trends
On average, homes in Fountain Square, Indianapolis sell after 67 days on the market compared to the national average of 53 days. The median sale price for homes in Fountain Square, Indianapolis over the last 12 months is $312,500, up 1% from the median home sale price over the previous 12 months.
Experience refined urban living in this beautifully reimagined Fountain Square home offering over 3,200 sq ft of thoughtfully designed space. This 5bedroom, 3.5bath residence impresses immediately with its soaring 12foot ceilings, rich hardwood flooring and an open, light filled layout perfect for modern living and entertaining. Both the upstairs and downstairs levels feature their own designated
This Fountain Square charmer is ready for new ownership! Boasting a generous living room, two bedrooms, an updated kitchen with butcher block countertops and stylish backsplash, and complete with a washer and dryer, this 672 square foot home packs in quite a bit while still feeling very comfortable. Natural light abounds! Catch the sunrise from your kitchen window and the sunset from your living
Welcome to the heart of Fountain Square, just blocks from restaurants, nightlife, shopping, and so much more! This modern home, new from the ground up in 2016, boasts an open floor plan. The main level features a bedroom with its own private full bath. The modern kitchen seamlessly opens to the dining area and living room, creating a perfect flow for entertaining. All appliances included too! The
Located in one of Indy's most vibrant and sought-after neighborhoods, this refreshed home puts you just minutes from the heart of Fountain Square --- where local music, indie art, craft cocktails, and vintage charm collide --- Inside, you'll find an refreshed space with three spacious bedrooms, newer flooring, newer appliances and countertops, and updated bathrooms. Step outside to enjoy a fully
Behold 1248 Ringgold Ave., a residence so cute, it practically winks at you from the street! This single-family home is in great move-in condition, ready to be the foundation for your life's next adventures. The kitchen includes soft-close cabinets ready to house your dish-ware along with a pantry closet around the corner. The home offers two bedrooms and two full bathrooms as well as a
Fully renovated and move-in ready, this 4-bedroom, 2-bath home blends modern updates with everyday comfort in Fountain Square-walkable to local restaurants, coffee shops, and boutiques. Two bedrooms on the main level offer easy living, while the upstairs includes two additional bedrooms and a 2nd full bathroom. The open kitchen/living area is the hub of the home with quartz countertops, a large
**$750 MOVE-IN CONCESSION** Be the first to enjoy this stunning new build (2023) located in the heart of Fountain Square! This modern home blends style and convenience with an open-concept layout, sleek finishes, and plenty of natural light. You'll love the spacious kitchen, comfortable living areas, and private bedrooms-perfect for relaxing or entertaining. Plus, you'll be surrounded by all
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
Ready to welcome it's next renters-this enchanting 3-bedroom, 2-bath bungalow in the heart of Fountain Square blends modern finishes with cozy charm. The open-concept floor plan seamlessly connects a warm living space to the stunning kitchen, complete with quartz countertops and sleek cabinetry-perfect for everyday living or entertaining guests. Luxury vinyl plank flooring runs throughout, adding
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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.
