1012 E Palmer St, Indianapolis, IN, 46203
About This Home
Perfectly positioned between Bates-Hendricks and Fountain Square, discover the character and convenience of both beloved downtown Indianapolis neighborhoods in this inviting 3-bedroom, 2-bathroom home. Natural light shines throughout a welcoming main level that features a spacious living room. The circular floorplan connects you to a large, fully-equipped kitchen with white cabinetry, and a versatile home office/flex room that offers valuable options. A first-floor full bathroom also includes laundry, setting you up for everyday ease. The charming central staircase leads to three comfortable bedrooms and a full bathroom. The primary and second bedrooms feature double closets to provide generous storage. Enjoy a rare, expansive backyard with vast greenspace, landscaping/gardening areas, and a patio ready for gatherings and relaxation. The double-gated wooden privacy fence provides an ideal setting for play/pets, and offers plenty of space for future improvements. Close to shopping, dining, parks, businesses, and schools, 1012 East Palmer Street is a prime opportunity for you to experience the best of downtown Indianapolis living.
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1928
Materials
- Foundation: Concrete Perimeter
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Gas Water Heater,Microwave,Gas Oven,Refrigerator
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Partial,Unfinished
Bedroom2
- Level: Upper
- Area: 143
- Dimensions: 11x13
Bedroom3
- Level: Upper
- Area: 100
- Dimensions: 10x10
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Features
- Attic Access,Eat-in Kitchen,Wired for Data
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
- Attic: Access Only
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,878
- Total interior livable area: 1,878 sqft
Kitchen
- Level: Main
- Area: 168
- Dimensions: 12x14
Living Room
- Level: Main
- Area: 286
- Dimensions: 13x22
Master Bedroom
- Level: Upper
- Area: 209
- Dimensions: 11x19
Office
- Level: Main
- Area: 165
- Dimensions: 11x15
Property
Details
- Parcel number: 491113122006000101
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio,Covered
- Fencing: Fenced,Fence Complete,Privacy
Lot
- Lot size: 3,049 sqft
- Features: Sidewalks,Not In Subdivision
Parking
- Parking features: On Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,188 | $14,256 |
| Home Insurance * | $173 | $2,076 |
| Property Taxes | $174 | $2,088 |
| Electricity | $184 | $2,212 |
| Total | $1,719 | $20,628 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
Hail
WindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-20 | Price change | $235,000 |
| 2026-06-24 | Price change | $244,900 |
| 2026-05-18 | Listed for sale | $249,900 |
| 2026-04-20 | Pending sale | $249,900 |
| 2026-03-12 | Listed for sale | $249,900 |
| 2024-06-03 | Listing removed | -- |
| 2024-04-19 | Listed for rent | $2,150 |
| 2022-05-30 | Listing removed | -- |
| 2022-05-25 | Listed for rent | $2,000 |
| 2018-11-30 | Sold | $117,000 |
View on Zillow