29 E Palmer ST, Indianapolis, IN 46225
Mia Chatman
Mia Chatman

Broker/Owner | License ID: RB17000298

+1(317) 500-5963

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Listed by Gabriela Gonzalez • Highgarden Real Estate

$ 375,000

$ 369,000 1.6%

Est. payment /mo
Sold on 06/08/2026

29 E Palmer ST Indianapolis, IN 46225

5 Beds

4 Baths

2,520 SqFt

UPDATED:

Key Details

Sold Price $375,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $148

Subdivision James Franks S Meridian Street Add

MLS Listing ID 22070271

Sold Date 06/08/26

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1890

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Single Family Residence

Property Description

Prime Downtown Investment Opportunity! Welcome to this fully renovated 5-bedroom, 3.5-bath home ideally located in the heart of downtown Indianapolis-just minutes from Lucas Oil Stadium, Fountain Square, and all the best dining, shopping, and entertainment the city has to offer. Currently being utilized as a triplex, this property generates a strong monthly income of $3,300. All tenants are month-to-month, providing excellent flexibility for investors or future owner-occupants. Inside, you'll find updated finishes throughout, modern bathrooms, and a stylish kitchen with contemporary touches. The home also features a spacious basement offering endless opportunities-perfect for storage, expansion, or additional living space. Whether you're looking to expand your rental portfolio or secure a downtown home with income potential, this property is a rare find. Square footage is approximate and not actual.

Location

State IN

County Marion

Rooms

Basement Unfinished

Main Level Bedrooms 3

Interior

Interior Features Breakfast Bar

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace N

Appliance Dishwasher, Gas Oven, Refrigerator

Exterior

Garage Spaces 2.0

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Building

Story Two

Foundation Crawl Space, Partial

Water Public

Architectural Style Contemporary, Ranch

Structure Type Stone

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Mia Chatman
Mia Chatman

Broker/Owner | License ID: RB17000298

+1(317) 500-5963

Indianapolis, IN, 46235, USA

Name
Phone*
Message

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29 E Palmer ST