Recently Sold — 29 E Palmer Street, Indianapolis, IN 46225
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Sheldon Barnes can help you list 29 E Palmer Street
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Whether you're ready to sell 29 E Palmer Street in James Franks S Meridian Street Add or just curious what your home is worth in today's Indianapolis market, he can put together a no-pressure valuation.
ABOUT THIS HOME
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.
$369,000
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 ut...
2,100
Sq Ft
1890
Year Built
Off Market
Status
5
Bedrooms
3.1
Bathrooms
Key things to know
- Sold 1.6% over list in 181 days
- Income-producing triplex with month-to-month tenants
- Fully renovated with modern bathrooms and kitchen
- Spacious basement for storage or expansion
- Walking distance to lucas oil stadium and fountain square
Sold
$375,000
+$6,000 over list (1.6%)
- Closed
- Jun 8, 2026
- Listed at
- $369,000
- Sold
- 4 days ago
- Sold in
- 181 days
Price history
- Sold$375,000
Jun 8, 2026
- Listedat $369,000
Nov 5, 2025
Recent comparable sales
$315,000
1242 Union Street
5bd · 2ba · 2,654 sqft
Sold Jun 2026
$439,000
1415 Union Street
4bd · 3ba · 2,177 sqft
Sold May 2026
$300,000
333 Lincoln Street
4bd · 3ba · 1,716 sqft
Sold Apr 2026
$432,500
219 E Morris Street
4bd · 4ba · 2,256 sqft
Sold Apr 2026
$210,000
2305 S Meridian Street
4bd · 3ba · 2,139 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 19% above median for similar nearby sales.
Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$369,000Listed· Nov 5, 2025
181 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis1.6 mi
- Monon Trail (Carmel)14.9 mi
- Carmel Central Park15.2 mi
- Carmel High School15.5 mi
- IU Health North Hospital15.6 mi
- Zionsville Community HS15.7 mi
OFF-MARKET PROPERTY DETAILS
Living Area
2,100 sq ft
Year Built
1890
Stories
Two
Subdivision
James Franks S Meridian Street Add
Bedrooms
5
Bathrooms
3 full, 1 half
Garage
2 spaces
School District
Indianapolis Public Schools