Price Reduction
Address
50 E Palmer Street, Indianapolis, IN
Price
$ 235,000
Property Attributes
  • MLS#22107483
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaCenter
  • NeighborhoodFennemans
  • Zip46225
  • StyleTraditional
  • Year Built1910
  • Taxes$ 2462
  • Price$ 235,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1405
  • Lot Size0.02 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

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 and fresh paint applied throughout just last year. Step into the bright, open-concept living space where generous windows welcome in abundant natural light throughout, 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, a striking combination of quartz and warm butcher block countertops, and abundant cabinet space throughout. A washer and dryer are conveniently included for a truly turnkey experience, and a full basement provides valuable additional storage space, a rare find in downtown living. 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 and ample closet space. 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 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 Elli Lilly campus is just minutes away, Lucas Oil Stadium is 1.2 miles from your front door, Fountain Square is just a short 11 min bike ride away, with close proximity to the Indianapolis Cultural Trail, and major interstates.

Price History
6/11/2026 Listed $250,000
7/9/2026 2$245,000
7/31/2026 5$235,000

General Features

Heating Forced Air,Natural Gas
Cooling Central Air
Possession Closing,Negotiable
Appliances Dishwasher,Dryer,Electric Water Heater,Disposal,Microwave,Gas Oven,Refrigerator,Washer
Patio/Porch Features Deck,Porch
Architectural Style Traditional
Construction Materials Cement Siding
Year Built 1910
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Fennemans
Garage Y/N No
Total Rooms 5
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 864
Property Attached Y/N Yes
Current Financing Conventional,VA
Property Condition Updated/Remodeled
Standard Status Active
Tax Lot 1
Virtual Tour https://my.matterport.com/show/?m=6583fnZ8gvv
Legal Description Hawk's Replat L1c

Interior Features

Interior Amenities High Ceilings
Basement Unfinished
Basement (Y/N) Yes
Half Baths 1
Laundry Features Upper Level
Total Bedrooms 2
LivingAreaSource Plans
Total Baths 3

Exterior Features

Lot Features City Lot,Corner Lot,Sidewalks
Water Source Public
Foundation Details Block,Brick/Mortar
Building Area Total 1405
Lot Size Acres 0.02
Other Equipment Smoke Alarm
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46225

Price
AVG $250K
$240K
Taxes
AVG $3,311
$2,462
Year Built
AVG 1928
1910
Visits
AVG 98
139
Data Provided by Inside Real Estate®

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