493 E Arch St, Indianapolis, IN 46202
Property image
Property image
OFF MARKET

493 E Arch St
Indianapolis, IN 46202

Downtown
  • 2 Beds
  • 1.5 Baths
  • 1,120 sqft

$346,900

Trulia Estimate
as of Aug 8, 2026

$346,900

Trulia Estimate
as of Aug 8, 2026
2 Beds
1.5 Baths
1,120 sqft

Local Information

  • Map ViewExplore the area around 493 E Arch St.
  • Schools2 Preschool Schools3 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,120 sqft
Price/Sqft
$310
Parking
Attached Garage

About this House

Just steps from Bottleworks, Mass Ave, the Cultural Trail, and some of Indy's best restaurants and entertainment venues, this cozy 2 bedroom condo offers the ideal blend of location, comfort, and style. The spacious primary suite includes a private balcony, generous walk-in closet, and an en-suite bath. The light-filled great room impresses with vaulted ceilings and a warm gas fireplace-perfect for both relaxing and entertaining. Notable updates/upgrades include: new furnace (2025), new washer and dryer (included), new firesafe door between kitchen and garage, stamped concrete patio with full privacy fencing, AC and water heater (2017), reverse osmosis water filtration system and Ring doorbell. Don't miss this well-maintained, move-in ready home in one of the city's most vibrant urban neighborhoods! Negotiable on lease 6+ months

Renter is responsible for their own electricities

Can do lease 6+ months
493 E Arch St, Indianapolis, IN 46202 is a 2 bedroom, 2 bathroom, 1,120 sqft single-family home in Downtown. It last sold for $257,000 on Jul 18, 2017 (11,322% above the $2,250 asking price). More recently, it was listed as a rental in September 2025 with an asking price of $2,250 per month. That rental listing was removed on October 16, 2025. It is currently off market. The Trulia Estimate is $346,900, with a rent estimate of $2,169/month.

Home Details for 493 E Arch St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 6 Month

Exterior Features

Parking & Garage
Parking: Attached, On Site

Price History for 493 E Arch St

DatePriceEventSource
10/16/2025$2,250ListingRemovedZillow Rentals
09/11/2025$2,250Listed For RentZillow Rentals
09/11/2025$342,500ListingRemovedMIBOR as distributed by MLS GRID #22049080
08/28/2025$342,500PriceChange
MIBOR as distributed by MLS GRID #22049080
07/08/2025$350,000Listed For SaleMIBOR as distributed by MLS GRID #22049080
04/26/2024ListingRemovedZillow Rentals
04/25/2024$2,200PriceChange
Zillow Rentals
04/23/2024$2,100Listed For RentZillow Rentals
04/07/2022ListingRemovedZillow Rental Manager
04/01/2022$2,000Listed For RentZillow Rental Manager
05/11/2021ListingRemovedZillow Rental Manager
05/05/2021$1,950Listed For RentZillow Rental Manager
12/27/2020ListingRemovedN/A
10/18/2020$1,850PriceChange
N/A
10/05/2020$2,000Listed For RentN/A
07/18/2017$257,000Sold
MIBOR as distributed by MLS GRID #21486933
05/23/2017$259,900PriceChange
Agent Provided
05/04/2017$262,000PriceChange
Agent Provided
04/14/2017$267,000Listed For SaleN/A
05/31/2013$174,000ListingRemovedN/A
04/16/2013$174,000PriceChange
N/A
04/13/2013$177,000PriceChange
N/A
04/09/2013$183,000Listed For SaleN/A
05/08/2009$146,000Sold
MIBOR as distributed by MLS GRID #2868688
01/08/2009$167,993Sold
N/A
03/30/2007$184,500Sold
MIBOR as distributed by MLS GRID #2678296

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
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Property Tax and Assessment

Year2025
Tax$4,055
Assessment$344,100
Home facts updated by county records

Comparable Sales for 493 E Arch St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
355 E Saint Clair St, Indianapolis, IN
0.11
Single-Family Home
$260,000
06/15/26
2
1.5
1,120
383 E Arch St, Indianapolis, IN
0.08
Single-Family Home
$335,000
02/06/26
2
1.5
1,120
346 E Saint Clair St, Indianapolis, IN
0.12
Single-Family Home
$360,000
08/04/26
2
1.5
1,120
326 E Saint Clair St, Indianapolis, IN
0.14
Single-Family Home
$360,000
07/20/26
2
1.5
1,120
334 E 7th St, Indianapolis, IN
0.14
Single-Family Home
$264,000
07/13/26
1
1.5
1,120
609 E 9th St, Indianapolis, IN
0.13
Single-Family Home
$499,999
10/02/25
2
2
1,764
1009 Broadway St, Indianapolis, IN
0.25
Single-Family Home
$310,000
12/17/25
3
2
1,710
635 E 10th St, Indianapolis, IN
0.23
Single-Family Home
$285,000
08/06/26
1
1.5
1,094
728 Fulton St, Indianapolis, IN
0.27
Single-Family Home
$420,000
04/07/26
2
3
1,314
325 E 10th St, Indianapolis, IN
0.21
Single-Family Home
$355,000
12/04/25
2
2
2,910

Nearby homes

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Assigned Schools

These are the assigned schools for 493 E Arch St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

What Locals Say about Downtown

At least 196 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 87 % Say there are sidewalks

  • 83 % Say it's walkable to restaurants

  • 78 % Say streets are well-lit

  • 75 % Say it's walkable to grocery stores

  • 70 % Say parking is easy

  • 66 % Say there's holiday spirit

  • 65 % Say people would walk alone at night

  • 64 % Say car is needed

  • 48 % Say yards are well-kept

  • 46 % Say neighbors are friendly

  • 44 % Say they plan to stay for at least 5 years

  • 34 % Say there are community events

  • 34 % Say it's quiet

  • 33 % Say kids play outside

  • 24 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Wdjx6xjvkg
    "Dog parks with shaded area"
    0
    Flag
  • Trulia User
    "They would like that it’s close to central downtown but wouldn’t like the neighborhood and that there’s not enough living space for dogs and their owners "
    8
    Flag
  • Trulia User
    "Great place to live. Fantastic atmosphere. Pleasant neighborhoods with lively character. I fully recommend living here."
    1
    Flag
  • Trulia User
    "I love this neighborhood! Lots of shops, restaurants and things to do. Neighbors are very friendly and it is a very safe place. "
    1
    Flag
  • Trulia User
    "everyone tries to look out for each other and the area is a really great area for schools and hang outs"
    1
    Flag
  • Trulia User
    "Dog owners would like to walk their dogs on the canal. Dog owners are really great here. Its better to have a dog here"
    0
    Flag
  • Amanda
    "No dog parks. Most dogs in the green spaces are without a leash. Problematic for children and smaller dogs. "
    19
    Flag
  • Leslie-ann J.
    "The Red Line is front of my building and there are other bus lines that are nearby. Commuting is not an issue for the area of downtown that I live in."
    10
    Flag
  • Katrina K.
    "It is a great neighborhood with a beautiful cultural trail. Close grocery stores and great spaces to hangout "
    7
    Flag
  • Nicci T.
    "This neighborhood is unique because Its convenient. And it’s right in the middle of everything . It’s a nice place to live "
    10
    Flag
  • Theschraws
    "This is a dog friendly city however at the Lux dogs are not allowed . The axis has a dog friendly atmosphere and it’s own dog park! "
    8
    Flag
  • Katherineonigiri
    "Great walking and biking to downtown jobs. On cultural trail with bike share available. Easy highway access. "
    5
    Flag
  • Michelle S.
    "they're going to get sandwiches in our neighborhood in the area has great parks and great people I love the downtown area"
    8
    Flag
  • Kathleen B.
    "love this neighborhood. been here almost two years. friendly enough. folks walking their dogs. not great regarding parking tho."
    6
    Flag
  • E0
    "Very few families live in my neighborhood . It’s great for single people and pet owners and the walk ability is great "
    3
    Flag
  • Kathleen B.
    "I've lived here for 1 1/2yrs. its a decent neighborhood. kinda congested as far as parking. living next to the firehouse isn't too bad either. not as bad as I thought."
    6
    Flag
  • Joelly J.
    "My community is unique because the apartment buildings are built well, people are friendly, our neighborhood is very well lit, our community amenities are 24/7 including the pool and hot tub. "
    3
    Flag
  • Kiarahparker84
    "Living downtown is fun, exciting, and there is ALWAYS something to do‼ There are countless restaurants to dine in or carry out. The Canal is great and beautiful at night. The Circle Center Mall is a great place to shop. I was born and raised in Indianapolis, so I've lived pretty much all over Indy. Downtown has kept me longer than any other side of town. I LOVE MY HOMETOWN 😊 I'M A CITY GIRL‼‼🏢🏦🏨⛪🏛🏙🌃"
    3
    Flag
  • Kathleenlbluestein
    "great area for fireworks🎆 see lots of folks with their pets walking, jogging thru town. great bus services, on great schedule. easy commute."
    2
    Flag
  • Kathleen B.
    "nice neighborhood. not a lot of noise not even in the spring and summer months not crime free but not a terribly scary place to live. "
    1
    Flag
  • Kathleen B.
    "basically stay. safe. you never know what's going on. this neighborhood is fairly safe. its pretty cool."
    0
    Flag
  • Dawn M. W.
    "there is so much to do within walking distance eating shopping exploring ect and it's right on the bus line and close to the highway it's no more than a 20 minute commute no matter where you are headed "
    3
    Flag
  • Merriam A.
    "Art Squared. Fountain square music festival. First Friday art shows. Real Talk. Chreece. Pioneer Dj nights. "
    0
    Flag
  • Jamie C.
    "Love living downtown however need more conveniences, parking is at a premium and having guests in almost impossible."
    3
    Flag
  • Mas3cf
    "Amazing location, lots of cool historic homes. Convenient to lots of great restaurants, major centers of employment, and interstates."
    3
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 493 E Arch St

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Off Market Homes Near 493 E Arch St

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Frequently asked questions about 493 E Arch St

  • What is 493 E Arch St estimated to be worth?
    Trulia's estimated value for 493 E Arch St in Indianapolis, IN is $346,900.
  • What is the price history for 493 E Arch St?
    493 E Arch St in Indianapolis, IN last sold for $257,000 in July 2017.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $243K. That is up $9.18K from the prior month.
  • Does 493 E Arch St have air conditioning?
    Yes, 493 E Arch St in Indianapolis, IN has air conditioning.
  • Does 493 E Arch St have laundry facilities?
    Yes, 493 E Arch St in Indianapolis, IN has in-unit laundry.