Fountain Square is a vibrant, historic cultural district just southeast of downtown Indianapolis, known for its artsy energy, historic architecture, and exceptional walkability. The neighborhood features notable landmarks like the century‑old Fountain Square Fountain, located at Virginia Avenue and Prospect Street—an enduring symbol of the area’s identity. The Murphy Arts Center adds creative flair, featuring galleries and live‑music venues in vintage industrial buildings. For green space, residents enjoy Stacy Park, a small, shaded playground with picnic spots, perfect for families living in the area.

Connectivity is excellent thanks to the Indianapolis Cultural Trail—a popular pedestrian and bike route that links Fountain Square with key downtown districts. Commuting is seamless thanks to the Red Line rapid-transit bus route that runs directly through Fountain Square along Virginia Avenue. Walkers and cyclists love Fountain Square—with a Walk Score at 84, Transit 41, and Bike Score at 97. Fountain Square is incredibly walkable, transit-accessible, and a biker’s paradise.

Thanks to Fountain Square’s mix of historic early 20th-century bungalows and modern renovations, median rents hover around $1,600/month. With steady demand from young professionals and creatives, it’s a top neighborhood for value-add investment. The average home value is around $312,500–$490,000, and the median household income is about $55,375, with a population of ~37,000 residents.