For Sale135d on market
346 N College Ave
Indianapolis, IN, 46202 • Downtown • Marion County
$635,000
$304/sqft
-$5,000 since Apr 7, 2026
Down payment assistance available
3Beds
3Baths
2,088Sqft
0.12 acLot
1988Built
Property DNA
Craftsman,Traditional Style
Built 1988 · 38 years of history
Lockerbie
Downtown
1 Fireplace
Library
2-Car Garage
Detached
Premium Finishes
Hardwood Floors · Walk-In Closet(s)
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 135 days ago · 2,337 views · 77 saves
Market activity
Demand and pricing signals for this listing
2,337 views
People checking out this listing
77 saves
Buyers have saved this home
135 days on market
Established listing
$304/sqft
Price per square foot
About this home
Single Family · Built 1988
Flexible and motivated seller open to creative solutions- bring your offer! Stunning home in the heart of downtown Lockerbie Square! Nestled in Indianapolis' oldest surviving residential neighborhood- dating back to the 1860s and the city's first designated historic district- this home blends timeless character with modern convenience. Inside, you'll find gorgeous woodwork, stained glass details, built in bookshelves, and a striking fireplace surround that showcase the home's craftsmanship. A spiral staircase leads to the third level, offering a spacious storage room already plumbed and ready to be transformed into a fourth bathroom. Third bedroom and versatile flex space/home office upstairs as well. Enjoy the ease of a 2.5 car detached garage with workshop space and alley access- parking this convenient is rare in Lockerbie! Ample storage and beautiful garden beds add to the appeal. Located just two minutes from the Bottleworks District, and offering effortless access to major freeways, this home puts you steps from downtown's vibrant restaurants, cafes, boutiques, entertainment, and more. Sellers are open to a paint/flooring credit. They lived in the home for 21 years! A truly special opportunity- homes like this rarely come to market. Virtual walkthrough link below!
Standout features identified
Our analysis highlights striking fireplace surround, built in bookshelves, and stained glass details as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,142/month
Principal & Interest$3,295
Property Tax$635
Insurance$212
Down payment20% ($127,000)
3%50%
Est. 6.75% rate · 30yr fixed · $508,000 loan
Full calculator →Virtual Tour
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At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1988
HeatingForced Air
CoolingCentral Air
Parking2 Garage spaces
Lot5,227 sqft
Days on Zillow135 Days
Price/sqft$304
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleCraftsman,Traditional
Year built1988
Systems
HeatingForced Air
CoolingCentral Air
ConstructionWood Brick
Water / SewerPublic
Parking & Outdoor
ParkingDetached
Garage2 spaces
Fireplaces1
Lot5,227 sqft
Location & Tax
NeighborhoodDowntown
Annual tax$15,064
Parcel491101181023000101
Bathrooms & Fees
Full baths2
Features & details
9 categories of property features
Interior Features
Interior
Double Vanity
Breakfast Bar
Built-in Features
High Ceilings
Entrance Foyer
Hardwood Floors
High Speed Internet
Walk-In Closet(s)
Appliances
Dishwasher
Dryer
Microwave
Electric Oven
Range Hood
Refrigerator
Washer
Water Softener Owned
Flooring
Hardwood
Heating
Forced Air
Cooling
Central Air
Fireplace
Library
Windows
Wood Work Stained
Exterior Features
Parking
Detached
Construction
Wood Brick
Room details
11 rooms detailed
Master Bedroom
Upper18×12 ft216 sqft
Bedroom2
Upper14×12 ft168 sqft
Bedroom3
Upper10×10 ft100 sqft
Bonus Room
Upper11×10 ft110 sqft
Dining Room
Main15×10 ft150 sqft
Foyer
Main12×6 ft72 sqft
Marble
Listing insights
Market data and value estimates
StatusFor Sale
Days on market135
Tax rate0.96%
Price/sqft$304
On marketNov 24, 2025
PostedNov 24, 2025
Last sold$320,000
MLS statusActive
MLS updatedApr 7, 2026
Tour days9
Views2,337
Favorites77
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46202
Price history
8 events
DateEventPrice$/sqftSource
Apr 7, 2026Price Change$635,000$304MIBOR as distributed by MLS GRID
Mar 25, 2026Price Change$640,000$307MIBOR as distributed by MLS GRID
Mar 17, 2026Price Change$645,000$309MIBOR as distributed by MLS GRID
Mar 1, 2026Price Change$650,000$311MIBOR as distributed by MLS GRID
Jan 9, 2026Price Change$660,000$316MIBOR as distributed by MLS GRID
Nov 24, 2025Listed For Sale$670,000$321MIBOR as distributed by MLS GRID
May 14, 2004Sold$320,000$153MIBOR as distributed by MLS GRID
Apr 19, 2002Sold$282,500$135MIBOR as distributed by MLS GRID
Price Change$635,000
Apr 7, 2026•$304/sqft•MIBOR as distributed by MLS GRID
Price Change$640,000
Mar 25, 2026•$307/sqft•MIBOR as distributed by MLS GRID
Price Change$645,000
Mar 17, 2026•$309/sqft•MIBOR as distributed by MLS GRID
Price Change$650,000
Mar 1, 2026•$311/sqft•MIBOR as distributed by MLS GRID
Price Change$660,000
Jan 9, 2026•$316/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$670,000
Nov 24, 2025•$321/sqft•MIBOR as distributed by MLS GRID
Sold$320,000
May 14, 2004•$153/sqft•MIBOR as distributed by MLS GRID
Sold$282,500
Apr 19, 2002•$135/sqft•MIBOR as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$16,163$634,800
Apr 8, 2023$14,941$681,400
Apr 8, 2022$12,111$633,300
Apr 8, 2021$11,949$525,400
Apr 8, 2020$11,999$516,400
Apr 8, 2019$6,112$508,700
Apr 8, 2018$5,212$499,400
Apr 8, 2017$5,031$483,300
Apr 8, 2016$5,132$474,100
Apr 8, 2014$4,919$451,200
Apr 8, 2013$4,767$430,000
Apr 8, 2012$4,767$420,400
Apr 8, 2011—$402,600
Apr 8, 2010$4,198$402,600
Apr 8, 2009$4,298$402,600
Apr 8, 2007—$399,100
Apr 8, 2006—$373,200
Apr 8, 2005—$169,700
Apr 8, 2004—$169,700
Apr 8, 2003—$169,700
Apr 8, 2002—$75,900
Apr 8, 2001—$25,300
Apr 8, 2000—$25,300
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 15:48:19 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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