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Off market
  • $490,500

    721 E 16th St, Indianapolis, IN 46202

    3beds
    1,968sqft
    Townhouse
    Built in ----
    -- sqft lot
    $490,500 Zestimate®
    $249/sqft
    $2,801 Estimated rent

    Home value

    $490,500

    $441,000 - $544,000

    $2,801/mo

    Zestimate® history
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    Owner options

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    $2,801/mo

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    $2,801/mo

    Rent Zestimate®

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    $3,058/mo

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    $3,058/mo

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    What's special

    Rooftop terraceNew brownstone style townhomeModern fireplaceTable and fire pitBalcony off the kitchen

    Beautiful new unfurnished townhome for lease. Close to Bottleworks District with tons of restaurants, theatre, bowling and a bike/walking Monon Trail. Welcome to 16 Gateway Townhomes! This new Brownstone style townhome built is the perfect blend of function and style. Sleek decor with a modern fireplace that opens to the dining and kitchen areas. An oversized main floor outdoor deck patio, dual HVAC units and a tankless water heater provide the function. Two car garage on main floor. Very close to hospitals, interstate, and the wonderful Mass Ave's shopping and restaurants. Within 2 miles of downtown Indianapolis for more shopping, dining, and lots of sporting and concert opportunities. Great upper deck with views of the city and a table and fire pit for fun evenings. Urban living at it's best! Trash and recycling bins and service are provided by the City of Indianapolis. Townhome is available for rent or purchase. Has balcony off the kitchen and a rooftop terrace on the fourth floor looking at the Bottleworks and downtown Indy area, as well as neighborhoods to the north. This is a no smoking home.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Hardwood, Tile
    Interior area
    • Total interior livable area: 1,968 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Heating system: Forced Air
    Details
    • Parcel number: 490636185078015101

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse

    Community & neighborhood

    Location
    • Region: Indianapolis

    HOA & financial

    Other fees
    • Deposit fee: $3,750

    Other

    Other facts
    • Available date: 08/05/2025

    Price history

    DateEventPrice
    8/26/2025Listing removed$3,750$2/sqft
    Source: Zillow Rentals Report a problem
    8/5/2025Listed for rent$3,750$2/sqft
    Source: Zillow Rentals Report a problem
    6/18/2025Listing removed$599,000$304/sqft
    Source: MIBOR as distributed by MLS GRID #21962129 Report a problem
    2/21/2025Price change$599,000-0.2%$304/sqft
    Source: MIBOR as distributed by MLS GRID #21962129 Report a problem
    7/10/2024Price change$599,900-4%$305/sqft
    Source: MIBOR as distributed by MLS GRID #21962129 Report a problem
    2/21/2024Listed for sale$625,000-3.8%$318/sqft
    Source: MIBOR as distributed by MLS GRID #21962129 Report a problem
    2/1/2024Listing removed--
    Source: MIBOR as distributed by MLS GRID #21907388 Report a problem
    12/19/2023Price change$650,000-3.1%$330/sqft
    Source: MIBOR as distributed by MLS GRID #21907388 Report a problem
    3/1/2023Price change$671,000-3%$341/sqft
    Source: MIBOR as distributed by MLS GRID #21907388 Report a problem
    11/10/2022Listed for sale$691,900$352/sqft
    Source: Estridge Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$524 -14.5%$623,900 +2723.1%
    2024$613 +300.9%$22,100
    2023$153 -6.3%$22,100 +301.8%
    2022$163 $5,500
    2021-- $5,500

    Find assessor info on the county website

    Neighborhood: Near Northside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $490,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $490,500