Indianapolis, IN 46225,29 E Palmer ST
Indianapolis, IN 46225,29 E Palmer ST
Indianapolis, IN 46225,29 E Palmer ST
61
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Listed by Gabriela Gonzalez • Highgarden Real Estate
$369,000
Est. payment /mo
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5 Beds
4 Baths
2,520 SqFt
Active

29 E Palmer ST Indianapolis, IN 46225

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $146

Subdivision James Franks S Meridian Street Add

MLS Listing ID 22070271

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.

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Paramount School of Excellence

    Public | KG - 8

  • 6

    Center For Inquiry School 2

    Public | KG - 8

  • 5

    Christel House Academy South

    Public | KG - 12

  • 4

    Theodore Potter School 74

    Public | KG - 6

  • 4

    Frederick Douglass School 19

    Public | PK - 8

  • 3

    William Penn School 49

    Public | KG - 6

  • 3

    William Mckinley School 39

    Public | PK - 6

  • 3

    Raymond F Brandes School 65

    Public | PK - 6

  • 2

    Daniel Webster School 46

    Public | KG - 8

  • 2

    James a Garfield School 31

    Public | KG - 8

  • 2

    Thomas D. Gregg Elementary School 15

    Public | PK - 6

  • 1

    Wendell Phillips School 63

    Public | KG - 6

  • 1

    Se Neighborhood School of Excellence

    Public | KG - 7

  • 1

    Washington Irving School 14

    Public | PK - 6

  • 1

    Eleanor Skillen School 34

    Public | KG - 6

  • 0

    Key Learning Community Elementary School

    Public | KG - 5

  • 0

    St Roch Catholic School

    Private | PK - 8

  • 0

    Montessori Garden Academy

    Private | PK - 3

  • 0

    Central Catholic

    Private | PK - 8

  • 0

    Emmaus Lutheran School

    Private | PK - 4

Middle Schools 7
  • 1

    H L Harshman Middle School

    Public | 7 - 8

  • 0

    George Washington Community Jr High School

    Public | 7 - 8

  • 0

    Key Learning Community Jr High School

    Public | 6 - 8

  • 0

    Crispus Attucks Med Mgnt Jr High School

    Public | 6 - 8

  • 0

    University Heights Preparatory Acd

    Public | 7 - 12

  • 0

    Longfellow Magnet Middle School

    Public | 7 - 8

  • 0

    Emma Donnan Middle School

    Public | 7 - 8

High Schools 11
  • 10

    Herron High School

    Public | 9 - 12

  • 5

    Crispus Attucks Medical Magnet High School

    Public | 9 - 12

  • 4

    Key Learning Community High School

    Public | 9 - 12

  • 1

    George Washington Community High School

    Public | 9 - 12

  • 1

    Indianapolis Metropolitan High School

    Public | 9 - 12

  • 1

    Arsenal Technical High School

    Public | 9 - 12

  • 0

    Providence Cristo Rey High School

    Private | 9 - 12

  • 0

    The Excel Center - Lafayette Sq

    Public | 9 - 12

  • 0

    Excel Center for Adult Learners

    Public | 9 - 12

  • 0

    Emmerich Manual High School

    Public | 9 - 12

  • 0

    Christel House Dors South

    Public | 9 - 12

School and business data provided by Attom Data.

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29 E Palmer ST