Browse Condos in Fletcher Place, Indianapolis or list your own. Advertise, sell your property, list it for letFletcher Place is a historic district and neighborhood in the city of Indianapolis, Indiana named after Calvin Fletcher, a prominent local banker, farmer and state senator.
The neighborhood is clearly defined by I-70/I-65 to the south and East Street to the west. The northern border of the neighborhood is along South Street, Lord Street, Fletcher Avenue, and Bates Street, depending on specific location. The eastern border of the neighborhood is Virginia Avenue in some places, while it is I-65 in a few spots, and Calvary Street in a few areas.
Fletcher Place is surrounded by the Wholesale District to the north, Eli Lilly and Company to the west, Bates-Hendricks neighborhood to the south, and Fountain Square to the east and southeast.
Fletcher Place is the home to a few of Indianapolis' keynote restaurants: Milktooth, Bluebeard, Iaria's Italian, Bosphorus Istanbul Cafe, and Dugout Bar. Additionally, Eli Lilly and Company and Anthem have their world headquarters bordering Fletcher Place, making it a magnet neighborhood for Indianapolis' health-care industry professionals.A condominium, usually shortened to condo, is a type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned.
Residential condominiums are frequently constructed as apartment buildings, but there has been an increase in the number of "detached condominiums", which look like single-family homes but in which the yards, building exteriors, and streets are jointly owned and jointly maintained by a community association.
Unlike apartments, which are leased by their tenants, condominium units are owned outright. Additionally, the owners of the individual units also collectively own the common areas of the property, such as hallways, walkways, laundry rooms, etc.; as well as common utilities and amenities, such as the HVAC system, elevators, and so on. Many shopping malls are industrial condominia in which the individual retail and office spaces are owned by the businesses that occupy them while the common areas of the mall are collectively owned by all the business entities that own the individual spaces.Source: https://en.wikipedia.org/