- 2 beds
- 2 baths
- 968 sqft
- 2,396 sqft lot
- $298 per sqft
- 1890 build
Welcome to 1221 Cottage Ave, a fully remodeled and beautifully furnished 2-bedroom, 2-bath ranch ideally located in the heart of Fountain Square, one of Indianapolis' most vibrant and sought-after neighborhoods. Set on a corner lot just one block from Fountain Square's lively commercial district and only minutes from downtown Indy, this home offers unmatched walkability to top restaurants, nightlife, shops, entertainment, and more. Inside, you'll find high ceilings, a bright open-concept layout, and dual master suites, blending style and function. The modern kitchen is equipped with white shaker cabinets, granite countertops, stainless steel appliances, and a breakfast bar, making it perfect for both everyday living and entertaining. Additional features include laminate wood flooring, front and rear decks, a mud/utility room with laundry and storage, a Ring doorbell, programmable thermostat, and durable composition cement siding for low-maintenance living. Step outside to a private, fully fenced backyard with a deck, seating area, and storage shed-ideal for relaxing or hosting guests. The home is being sold fully furnished and decorated, with all appliances included, offering a truly turnkey experience for owner-occupants or investors alike. Currently a successful short-term rental, this property is also perfectly positioned for furnished mid-term rentals, thanks to its proximity to downtown, major employers, and four major hospitals-a rapidly growing niche in Indy's investment market. Don't miss this rare opportunity to own a fully updated, income-ready home in one of Indy's most dynamic neighborhoods. Schedule your showing today!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jun 17, 2025
•
MLS# 22044866 —
The Building
-
Year Built:1890
-
New Construction:false
-
Construction Materials:Cement Siding
-
Architectural Style:Ranch, TraditonalAmerican
-
Foundation Details:Brick
-
Levels:One
-
Basement:false
-
Exterior Features:Smart Lock(s), Storage Shed
-
Patio And Porch Features:Multiple Decks, Porch Open
-
Accessibility Features:No
-
Smart Home Features:Thermostat - Programmable
-
Green Certification:No
-
Building Area Total:968
Interior
-
Rooms:5
-
Rooms Total:5
-
Rooms Total:5
-
Interior:Bedroom Other on Main,Laundry in Unit
-
Interior Features:Breakfast Bar, Raised Ceiling(s), Paddle Fan, Programmable Thermostat
-
Kitchen Features:Kitchen Updated
-
Other Equipment:Smoke Alarm
-
Eating Area:Dining Combo/Living Room
-
Laundry Features:Main Level
Room Dimensions
-
SqFt:968
-
Main Level SqFt:968
-
Living Area:968
Location
-
Directions:GPS Friendly
-
Latitude:39.747274
-
Longitude:-86.137765
The Property
-
View:true
-
Property Type:Residential
-
Property Subtype:Single Family Residence
-
Property Attached:false
-
Parcel Number:491018114006000101
-
Acres:<1/4 Acre
-
Lot Size Acres:0.06
-
Lot Size SqFt:2,396 Sqft
-
Price Per Acre:4816667
-
Property Condition:Updated/Remodeled
-
Additional Parcels:false
-
View:false
-
Waterfront:false
-
Fencing:Fence Full Rear, Privacy
-
Horse Amenities:None
-
Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 450-9202
- Office phone:
- (317) 846-6300
Taxes
-
Tax Lot:6
-
Tax Year:2024
-
Tax Exemptions:Homestead Tax Exemption
-
Semi Annual Property Tax Amt:1404
Beds
-
Beds:2
-
Bedrooms:2
-
Bedrooms Total:2
-
Main Level Bedrooms:2
Baths
-
Baths:2
-
Full Baths:2
-
Full Baths:2
-
Full Baths Main:2
Heating & Cooling
-
Heating:Natural Gas
Utilities
-
Utilities:Cable Available, Electricity Connected, Sewer Connected, Water Connected
-
Water Source:Municipal/City
-
Solid Waste:Yes
Appliances
-
Appliances:Dishwasher, Dryer, Disposal, Electric Oven, Range Hood, Refrigerator, Washer
Schools
-
High School District:Indianapolis Public Schools
The Community
-
Subdivision Name:No Subdivision
-
Spa:false
-
Pool Private:false
-
Association:false
Parking
-
Parking Features:Street Only
-
Garage:false
Monthly cost estimate

Asking price
$289,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,547
|
Taxes | $234 |
Insurance | $79 |
Utilities | $139 See report |
Total | $1,999/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/17/25
Jun 17, 2025
|
Listed / Active | MIBOR | $289,000 | 11.2% |
8/19/24
Aug 19, 2024
|
MIBOR | $260,000 | -1.9% | |
8/1/24
Aug 1, 2024
|
MIBOR | $265,000 |