Skip main navigation
Active
  • Price cut: $5K (7/9)
    $245,000

    50 E Palmer St, Indianapolis, IN 46225

    2beds
    1,405sqft
    : 
    $1,667/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1910
    871 Square Feet Lot
    $240,000 Zestimate®
    $174/sqft
    $-- HOA

    What's special

    Zero-maintenance urban footprintSleek stainless steel appliancesBright open-concept living spacePremium gas rangeDurable lvp flooring
    Welcome to this meticulously renovated and fully move-in ready home located at 50 E Palmer St, situated in the highly sought-after Near Southside and Bates-Hendricks area of downtown Indianapolis. Renovated in 2019 with continued updates since, the property ensures modern peace of mind with a brand-new water heater, newer mechanicals, and fresh paint applied throughout just last year. Step into the bright, open-concept living space anchored by smooth ceilings with modern recessed lighting and durable LVP flooring. The gorgeous chef's kitchen is an absolute showstopper with a premium gas range, sleek stainless steel appliances, and a striking combination of quartz and warm butcher block countertops. A washer and dryer are conveniently included, ensuring a truly turnkey experience. This attached single-family home operates with the complete independence of a detached home with entirely separate water lines and utilities alongside a zero-maintenance urban footprint. The dual-suite floorplan offers exceptional flexibility, with two private bedrooms each featuring their own attached bathroom. The luxurious primary suite boasts a large walk-in closet and an impressive en-suite bathroom featuring double sinks, elegant tile floors, and a spacious walk-in tile shower. The second bedroom is equally accommodating, featuring seamless luxury vinyl plank (LVP) flooring that flows directly into its own private attached bathroom complete with a versatile tub/shower combo. Beyond the impeccable interior, the location offers unbeatable walkability and connectivity. The Eli Lilly corporate campus is just minutes away, Lucas Oil Stadium is less than a mile from your front door, and the vibrant arts and dining scene of Fountain Square is just a short distance away - all with immediate access to the Indianapolis Cultural Trail, Pleasant Run Trail, and major interstates.
    45 days
    |
    114
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robyn Breece 317-438-2371,

    @properties

    Source: MIBOR as distributed by MLS GRID,MLS#: 22107483MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Primary bedroom
      • Features: Luxury Vinyl Plank
      • Level: Upper
      • Area: 208 Square Feet
      • Dimensions: 13x16
      Bedroom 2
      • Level: Upper
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Dining room
      • Level: Main
      • Area: 156 Square Feet
      • Dimensions: 12x13
      Kitchen
      • Features: Luxury Vinyl Plank
      • Level: Main
      • Area: 143 Square Feet
      • Dimensions: 11x13
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Gas Oven, Refrigerator, Washer
      • Laundry: Upper Level
      Features
      • High Ceilings
      • Basement: Unfinished
      Interior area
      • Total structure area: 1,405
      • Total interior livable area: 1,405 sqft
      • Finished area below ground: 0

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Porch
      Lot
      • Size: 871 Square Feet
      • Features: City Lot, Corner Lot, Sidewalks
      Details
      • Parcel number: 491113137021002101
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Residential, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Cement Siding
      • Foundation: Block, Brick/Mortar
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1910

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: Fennemans
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $174/sqft
      • Tax assessed value: $223,300
      • Annual tax amount: $2,462
      • Date on market: 6/11/2026
      • Cumulative days on market: 47 days

        Estimated market value

        $240,000

        $228,000 - $252,000

        $1,950/mo

        Price history

        DateEventPrice
        7/9/2026Price change$245,000-2%$174/sqft
        Source: MIBOR as distributed by MLS GRID #22107483 Report a problem
        6/11/2026Listed for sale$250,000+7.3%$178/sqft
        Source: MIBOR as distributed by MLS GRID #22107483 Report a problem
        6/3/2022Sold$233,000-2.9%$166/sqft
        Source: MIBOR as distributed by MLS GRID #21835494 Report a problem
        4/18/2022Pending sale$239,999$171/sqft
        Source: MIBOR as distributed by MLS GRID #21835494 Report a problem
        4/11/2022Price change$239,999-1%$171/sqft
        Source: MIBOR as distributed by MLS GRID #21835494 Report a problem
        3/22/2022Price change$242,500-1%$173/sqft
        Source: MIBOR as distributed by MLS GRID #21835494 Report a problem
        3/7/2022Price change$244,999-2%$174/sqft
        Source: MIBOR as distributed by MLS GRID #21835494 Report a problem
        2/8/2022Listed for sale$249,900+24.9%$178/sqft
        Source: MIBOR as distributed by MLS GRID #21835494 Report a problem
        4/17/2020Sold$200,000$142/sqft
        Source: MIBOR as distributed by MLS GRID #21694068 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,463 -4.8%$223,300 +6.9%
        2024$2,588 +2.2%$208,800 -5.2%
        2023$2,532 -37.5%$220,300 +2.7%
        2022$4,053 +118.8%$214,500 +21.8%
        2021$1,852 +22%$176,100 +119%
        2020$1,518 $80,400 +25%
        2019-- $64,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Near Southside

        Getting around

        54 / 100
        Somewhat Walkable
        32 / 100
        Some Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes