111 E 16th St #401, Indianapolis, IN 46202
OFF MARKET

111 E 16th St #401
Indianapolis, IN 46202

Near Northside
  • 2 Beds
  • 1 Bath
  • 1,017 sqft
2 Beds
1 Bath
1,017 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Penn Arts Apartments is a gem of the Old Northside district, offering 40 spacious one and two bedroom apartments with gourmet kitchens, a full sized dining area, and two full bathrooms. It offers the flexibility to have a remote work space, a roommate, or small families.

The building is historic, offering higher ceilings, many windows for bright natural light, and charming vintage elements. It was originally 80 studios before it was converted in the mid 2010s into much larger units.

On-site laundry and off-street parking is available, as well as a gym and rooftop deck.

At the street level, you can enjoy a vibrant coffee shop (Dream Palace Books), and Ice Cream (Liftoff Creamery). Includes new on-site management.

Conveniently located at the intersection of Pennsylvania and 16th Streets!

 Please visit us at our website to schedule a Tour, or contact us at the number provided.

Please inquire.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 16, 2024
Contact this Building
Property Website

Home Highlights

Parking
Parking Lot
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 111 E 16th St #401

Interior Features

Heating & Cooling
Heating: Natural GasAir ConditioningCooling System: Window UnitHeating Fuel: Natural Gas
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Levels, Entrance, & Accessibility
Floors: Carpet, Concrete

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: More Than One Year Lease,One Year Lease,Six Month LeaseAvailable: now

Exterior Features

Parking & Garage
Parking: Parking Lot, On Site

Additional Information

Gated

Price History for 111 E 16th St #401

DatePriceEventSource
10/16/2024$1,150ListingRemovedZillow Rentals
10/04/2024$1,150PriceChange
Zillow Rentals
09/27/2024$1,175PriceChange
Zillow Rentals
09/17/2024$1,225PriceChange
Zillow Rentals
08/19/2024$1,300Listed For RentZillow Rentals
02/22/2024ListingRemovedZillow Rentals
02/02/2024$1,100Listed For RentZillow Rentals
01/25/2024ListingRemovedZillow Rentals
01/19/2024$1,100Listed For RentZillow Rentals

Market trends in Indianapolis

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$238K
$16.58KMoM
Sale-to-List Price
98.7%
0.4%MoM
Price per sq ft
$141
$7MoM
Available listings
3812
187MoM
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Homeowner tools

Estimated monthly rent$1,415/mo
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Homes for rent near 111 E 16th St #401

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Comparable Sales for 111 E 16th St #401

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1414 N Alabama St #1, Indianapolis, IN
0.23
Apartment
$270,000
06/23/25
2
1
951
435 Virginia Ave #106, Indianapolis, IN
0.54
Apartment
$402,000
07/22/25
2
2
1,747
1037 N Park Ave, Indianapolis, IN
0.63
Apartment
$454,900
01/20/26
2
3
1,478
914 N Alabama St, Indianapolis, IN
0.63
Apartment
$330,185
08/28/25
2
3
2,361
2356 Columbia Ave, Indianapolis, IN
1.32
Apartment
$40,000
01/15/26
3
2
1,300
2060 Central Ave, Indianapolis, IN
0.59
Apartment
$390,000
12/17/25
5
-
3,722
2421 Coyner Ave, Indianapolis, IN
1.85
Apartment
$81,000
12/10/25
4
1
1,400
1923 Hillside Ave, Indianapolis, IN
1.38
Apartment
$143,000
11/06/25
1
1
-
101 N Arsenal Ave, Indianapolis, IN
1.81
Apartment
$475,000
02/06/26
3
2
1,300
1631 Montcalm St, Indianapolis, IN
1.29
Apartment
$405,000
05/11/26
3
2
-
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 111 E 16th St #401.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Near Northside
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Near Northside

At least 68 Trulia users voted on each feature.

  • 98 % Say it's dog friendly

  • 97 % Say there are sidewalks

  • 94 % Say it's walkable to restaurants

  • 89 % Say parking is easy

  • 77 % Say car is needed

  • 76 % Say there's holiday spirit

  • 76 % Say streets are well-lit

  • 74 % Say yards are well-kept

  • 68 % Say neighbors are friendly

  • 65 % Say people would walk alone at night

  • 59 % Say it's walkable to grocery stores

  • 56 % Say kids play outside

  • 53 % Say they plan to stay for at least 5 years

  • 46 % Say it's quiet

  • 46 % Say there's wildlife

  • 41 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Nvhnc7btp8
    "Excellent schools and park in historic Herron-Morton Place. Lots of families with children and pet families. Family and pet friendly restaurants, ice cream shop and other food and beverage amenities as well"
    0
    Flag
  • Trulia User
    "There are numerous festivals and public events. The Pacers and the Colts play here. And the is the Indy Fever that also play at the field house. "
    3
    Flag
  • Trulia User
    "I lived in this neighborhood for 3.5 years. My kids enjoyed riding their bikes and playing in the triangle park. And, the neighbors are super friendly."
    4
    Flag
  • Trulia User
    "The History of Herron makes this a unique upscale classy neighborhood to live in . Peaceful Serine Beautiful we look forward to residing in this Community"
    3
    Flag
  • Sanematsu
    "I’ve lived here for 13 years. Love the big city feel. Shawn Grove Park is great for the kids. You can walk to the library. More coffee places and restaurants have been popping up. It’s one of the best spots in Indy IMHO "
    19
    Flag
  • Scott.joe.williams
    "Lots of dog walking. Only a handful of times have I seen someone walking without a leash. Most people are respectful with their animals. "
    1
    Flag
  • Luke M.
    "There are lots of well maintained sidewalks that are ideal for dogs to walk on. There are not too many cars that drive down the streets between college and central, and central and Delaware. "
    0
    Flag
  • Ekelley.barkey
    "Locally owned restaurants to meet other neighbors. We love walking to dinner or out for drinks. A quick Uber/lyft ride to popular downtown spots. Great neighborhood for running or walking your dog. Great seasonal events in nearby parks with live music and vendors. "
    1
    Flag
  • Loubags01
    "This is a very kid friendly neighborhood. You’ll see children riding bikes with their parents & trying their hand at becoming young entrepreneurs with lemonade stands. All of the local eateries also cater to the kiddos. "
    0
    Flag
  • Mberardi525
    "Rotating Socials at neighbors, July neighborhood wide yard sale. Yearly neighborhood clean-ups. Social events at local businesses after hours. "
    0
    Flag
  • Loubags01
    "There are great private schools for children of all ages around us. The sidewalks are always full of families walking dogs & pushing strollers with older children walking or riding along on their bikes. Parents have meet ups in the parks & our HOA has fantastic family activities including Easter egg hunts & we close down Talbott St during the 4th of July to watch the Indianapolis fireworks in the street. "
    0
    Flag
  • Jason
    "I wouldn’t consider the Old Northside a child friendly area. It’s great for urban minded older people."
    0
    Flag
  • Reddadday01
    "Public Transportation is good, however you do need a care for shopping and commuting out of downtown "
    0
    Flag
  • Reddadday01
    "The area is mixed however condos are running around 150K on up apartment rent is around $1000.00 a month South of 16th Street "
    0
    Flag
  • Shelly S.
    "Old Northside Treasure Hunt and a variety of different activities like porch parties, halloween and summer picnic"
    0
    Flag
  • Audrea F.
    "The commute from my neighborhood to the downtown and Broad Ripple areas is very easy and traffic is typically light. "
    0
    Flag
  • Byron R.
    "I've lived over here for about four years, and the people in this neighborhood are friendly. I feel safe when I am out walking after dark. I wish I had a dog to really fit in cause I love to see people walking their dogs around."
    0
    Flag
  • Emkemp
    "I have lived in the neighborhood for over 7 years. There are so many new places to walk to now. It's great to meet with up with friends nearby."
    0
    Flag
  • Shelly S.
    "Proximity to downtown with neighborhood feel. Great neighbors connected community.old houses modern living."
    0
    Flag
  • Corrnd
    "I've lived in Fall Creek Place for 7 years. It's very walkable to local amenities, with good connectivity into downtown and an interesting mix of new and historic homes."
    0
    Flag
  • Mberardi525
    "Great old home architecture. Friendly people. Not too much traffic. Lots of people out jogging or walking dogs. Can ride your bike anywhere downtown. "
    0
    Flag

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Off Market Homes Near 111 E 16th St #401

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111 E 16th St #401, Indianapolis, IN 46202 is a 2 bedroom, 1 bathroom, 1,017 sqft apartment. 111 E 16th St #401 is located in Near Northside, Indianapolis. This property is not currently available for sale.