IN > Indianapolis > James Franks S Meridian Street Add
Indianapolis, IN 46225,29 E Palmer ST
Indianapolis, IN 46225,29 E Palmer ST
Indianapolis, IN 46225,29 E Palmer ST
Indianapolis, IN 46225,29 E Palmer ST
Indianapolis, IN 46225,29 E Palmer ST
Indianapolis, IN 46225,29 E Palmer ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
12
Nov
Thu
13
Nov
Fri
14
Nov
Jim Benson

Jim Benson

+1(812) 989-7450
Listed by Gabriela Gonzalez • Highgarden Real Estate
$ 369,000
Est. payment | /mo

5 Beds

4 Baths

2,520 SqFt

Save
$ 369,000
Est. payment | /mo
Save

5 Beds

4 Baths

2,520 SqFt

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
© 2025 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
Marie Elmendorf

"I am committed to serving my clients for stress free transactions, while utilizing the latest technology available today! "

+1(239) 800-0025

marie@five-stargroup.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Five-Star Realty Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

29 E Palmer ST

};