Pennwood - Join the Waitlist for a Beautiful Two Bedroom Townhomes w/ Laundry Hookups! - Welcome to Pennwood Townhomes, a charming 2 bed, 1 bath 1200 square foot townhome at 3540 N Pennsylvania St., Indianapolis 46205 - located in the MapletonFall Creek neighborhood, and conveniently located to downtown Indianapolis.
Inside, you'll find hardwood floors, high ceilings, abundant closet space and an updated kitchen with dishwasher. Central heat & air, all new windows, washer/dryer hookups in the basement, and both front and back entrances add convenience and character.
Gated off-street parking for added security
Private patio area - perfect for relaxing or entertaining
Pet-friendly community (dogs & cats welcome!)
Enjoy a free membership to the Children's Museum Neighborhood Club - a unique community perk!
You're just minutes from dining, neighborhood shops, transit lines, the Indianapolis Museum of Art, cafes and parks. Enjoy the ease of the Pennwood with convenient access to downtown, I-69, Broad Ripple and more.
Don't miss out on this highly sought after town home.
Apartment for rent
$1,109+/moFees may apply
2 br / 1.0 ba, $1109, 3540 N Pennsylvania St, Indianapolis, IN 46205
2beds
1,200sqft
Price may not include required fees and charges. Learn more|
Apartment
Available now
Cats, dogs OK
Air conditioner
Hookups laundry
Central, electric, natural gas
What's special
High ceilingsAll new windowsAbundant closet spaceUpdated kitchen with dishwasherCentral heat and airHardwood floors
- 234 days |
- -- |
- -- |
Zillow last checked:
Listing updated:
Learn more about the building:
Travel times

Let’s turn your rent into credit progress
Build credit history with every on-time payment and get credit for the payment you’re already making.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric, Natural Gas
Cooling
- Air Conditioner
Appliances
- Included: washerDryerHookups
- Laundry: Hookups
Features
- Flooring: Hardwood
- Windows: Blinds, Window Coverings
Interior area
- Total interior livable area: 1,200 sqft
Video & virtual tour
Property
Parking
- Details: Contact manager
Features
- Stories: 2
- Exterior features: Courtyard
Lot
- Features: Private
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Condition
- Year built: 1920
Utilities & green energy
- Utilities for property: Garbage
Building
Details
- Building name: 201 - Pennwood Associates, Llc
Management
- Pets allowed: Yes
Community & HOA
Community
- Features: Gated
- Security: Gated Community
HOA
- Amenities included: Gated, Laundry, Maintenance, Parking
Location
- Region: Indianapolis
Financial & listing details
- Lease term: One Year Lease
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Listed for rent | $1,109+0.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/17/2025 | Listing removed | $1,099$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/22/2025 | Listed for rent | $1,099+2.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/18/2025 | Listing removed | $1,069$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/7/2024 | Listed for rent | $1,069+7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/20/2023 | Price change | $999+5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/5/2023 | Listed for rent | $949$1/sqft |
Source: Zillow Rentals Report a problem | ||
Neighborhood: Mapleton-Fall Creek
Nearby schools
GreatSchools rating
- 5/10William Bell School 60 - A Butler Lab Reggio Emilia SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 1.7 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 0.2 mi






