$311,620Average Value$192Average Price per Sq Ft87Homes 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 64 days on the market compared to the national average of 58 days. The median sale price for homes in Fountain Square, Indianapolis over the last 12 months is $327,500, up 6% from the median home sale price over the previous 12 months.
Fantastic opportunity to build in Fountain Square! Located on a block that has numerous new builds and renovations, this is a great location that cannot be beat. The vacant lot is a short walk to all the liveliness in one of Indy's liveliest, downtown cultural centers. Plenty of local shops and unique restaurants to enjoy. Great for investors or to build your personal home. Welcome home to 1138
Established community and ready to build your dream home! Owner bought last year thinking he was going to build and resell as new build, but his plans changed that did not have anything to do with the lot. He actually was able to receive the building permits.
Want to be close to Fountain Square and downtown Indianapolis while still finding something affordable with built-in equity? You've found it. Just minutes from all things Indy and surrounded by new home development, this home offers both convenience and opportunity. As you arrive, you're welcomed by a charming covered porch-perfect for greeting guests or enjoying a quiet morning coffee. Inside,
Welcome to 1009 Laurel in the heart of Fountain Square - a beautifully renovated 4-bedroom, 3-bath townhome offering the perfect blend of modern luxury and urban convenience. No stone was left unturned in this complete renovation, featuring spacious living areas, stylish finishes, and thoughtfully updated spaces throughout. Enjoy walkable access to Fountain Square's top restaurants, nightlife,
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
Located in the heart of Fountain Square, one of Indianapolis's most sought-after and vibrant neighborhoods, this charming 3-bedroom, 1.5-bath multi-level traditional American town home offers the perfect blend of character, convenience, and income potential. Step inside to discover a warm and inviting layout designed for both everyday living and entertaining. The home features boutique-style
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
Welcome to 1401 Woodlawn in the heart of Fountain Square - a stunning, fully renovated 4 bed, 3 bath townhome where no detail was overlooked. This spacious home blends modern finishes with thoughtful design, featuring an open-concept layout, beautifully updated kitchen and baths, and high-end upgrades throughout. Completely transformed from top to bottom, this move-in ready property offers
Nestled in the heart of Fountain Square, one of Indianapolis's most desirable and energetic neighborhoods, this beautifully maintained 3-bedroom, 2-bath multi-level traditional American townhome offers the perfect combination of style, location, and investment potential. Step inside to a thoughtfully designed layout featuring boutique-style finishes and versatile living spaces ideal for both
Experience a turnkey investment opportunity of a renovated duplex on the east side of the desirable Fountain Square neighborhood. This is a standout 4.8-star review high performing mid-term airbnb located less than a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping. Completely renovated a few years back, each side of the duplex is a
***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
Welcome to this stunning 2023 4 bedroom 4.5 bathroom home in Fountain Square. Starting on the exterior is a two car garage, full rear fence, large patio space, and beautifully updated carriage house with separate full living quarters-perfect for guests or continued Airbnb income (recently generating $2,000/month). Heading inside to the open concept floor plan you are greeted by a spacious living
Charming 2BR/2BA first floor rental in the heart of vibrant Fountain Square. Tucked behind a lush, fully maintained fenced yard, this thoughtfully designed unit offers the rare combination of privacy, character, and easy living. Inside, you'll find warm hardwood floors, high ceilings, spacious bedrooms with walk-in closets, and two full baths - ideal for roommates, guests, or a comfortable
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
Fully furnished and thoughtfully appointed for comfortable long-term living, with free wifi! This charming Fountain Square home offers 3 bedrooms, 2 full baths, and more personality than most places twice the price. Inside, you'll find hardwood floors, abundant natural light, and an open floor plan that flows through multiple living spaces - ideal for anyone who works from home or simply likes
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,
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
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 ,
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
AFFORDABLE HOMESOwn Your Home For The Same Amount You Pay In RentClosing Cost & Down Payment ProvidedMinimum 600 Credit Score Required To Qualify$6,500 Monthly Income $78k Annual Income Needed to Qualify (Co-Borrower OK)Located on Barth Ave in Indianapolis, this historic single-family home offers 2468sq. ft of living space with 3 bedrooms and 1 bathroom, built in
The advertised rate of $11,563/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 23, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be
Explore this beautifully updated 2-bedroom, 1.5-bath home on Dawson St in the Ostermeyers subdivision of Indianapolis. We are pet-friendly! Your dogs and cats are welcome at 1120 Dawson Street.Benefit from recent upgrades to this inviting home. Essential appliances are included: whole-home Air Conditioning, refrigerator, an electric stove/oven, and a Dishwasher. The kitchen boasts
Gorgeous modern 4 bed 2.5 bath home located in Fountain Square! Features an open concept on main floor, kitchen with stainless steel appliances and granite countertops, main floor primary suite, fenced in backyard, backyard deck, large balcony, and wonderful loft area upstairs! You will love this home! Short term lease is available at increased rate. $195 Lease Preparation Charge. NOTE: If Lease
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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