Fountain Square Theatre Building
A 1928 building at Shelby and Prospect with a restored theater, hotel rooms, duckpin bowling, and restaurants.
Fountain Square is a compact, walkable district where Virginia Avenue, Shelby Street, and Prospect Street converge. The residential side streets are small-lot cottages and doubles; the commercial core is an IHPC-regulated historic area with its own 1984 preservation plan.

The district grew from the 1820s Mile Square plan as Virginia Avenue pushed southeast, becoming a commercial node through the 1830s–1860s and then a streetcar and interurban hub.
Neighboring Fletcher Place developed out of Calvin Fletcher's farmland as one of the city's earliest residential subdivisions and is separately listed on the National Register.
The Fountain Square Commercial Areas were listed on the National Register in 1978, recognizing the turn-of-the-century commercial architecture of the core.
Post-war decline and interstate construction were followed by revitalization from the 1980s, anchored by IHPC's 1984 Fountain Square Historic Area Preservation Plan and today's arts and cultural district identity.
A 1928 building at Shelby and Prospect with a restored theater, hotel rooms, duckpin bowling, and restaurants.
A 57,000 sq ft multi-use building of artist studios, galleries, and restaurants, home to monthly First Fridays.
Adjoining National Register district of mid-to-late 19th-century Italianate houses and workers' cottages.
The plaza and fountain that give the district its name and its center.
The Indianapolis Cultural Trail links Fountain Square directly to downtown along Virginia Avenue.
The primary commercial spine, running from downtown into the square.
Restaurants, bars, and galleries through the historic core and south toward Garfield Park.
Mixed commercial and small-scale service businesses east and west of the square.
These are the base districts and overlays we see most often on Fountain Square lots. Always confirm your parcel's district and overlays on the Metro zoning map before design decisions get expensive.
The common close-in urban district: 5,000 sq ft minimum lot, 40 ft width, front yard set by the established block-face average (typically 20–25 ft), 5 ft sides, 20 ft rear, 35 ft height, 40% coverage.
Applies to apartment and attached-housing parcels near corridors: 2,000 sq ft per unit, 25 ft width, 10 ft front, 5 ft sides, 15 ft rear, 45 ft height, 60% coverage.
Applied along the commercial corridors to allow ground-floor commercial with residential above at neighborhood scale — the common designation in recent Fountain Square rezoning cases.
Adopted in January 1984 as part of the Comprehensive Plan for Marion County, giving IHPC design review authority over the historic commercial core.
The adjoining locally designated district, also subject to Certificate of Appropriateness review.
A city-designated cultural district — a marketing and investment designation rather than a zoning overlay.
Fountain Square is one of Indianapolis's six designated cultural districts and the main arts and nightlife anchor on the near southeast side.
The Cultural Trail connection has made it the most transit- and bike-accessible near-downtown neighborhood, which drives steady residential reinvestment.
Its mix of small cottages and mixed-use corridor buildings makes it the city's most active area for small-lot infill and cottage additions.
Gallery and studio night centered on the Murphy Arts Center, 6–10 p.m.
Citywide festival with a recurring presence in Fountain Square venues.
Gallery and antique walks organized around the district's arts identity.
Tell us about your lot and what you're hoping to do. We'll write back within one business day.