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

$308,300

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,120 sqft

497 E Arch St, Indianapolis, IN 46202

Downtown
Est. Refi. Payment $1,881/mo*
Refinance Your Home
Currently Off Market - Sold Jun 23, 2015 for $215,000

Home Value

Trulia Estimate
$308K
Since last month
Decreased$900 (-0.3%)
Since last year
Decreased$2K (-0.5%)
Since last sale
Increased$93K (+43.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +33% in the last 10 years
MonthEstimated value
2026
August 2026$308K
July 2026$309K
June 2026$311K
May 2026$312K
April 2026$315K
March 2026$307K
February 2026$306K
January 2026$304K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
630 N College Ave #404, Indianapolis, IN
0.21
Condo
$379,000
04/24/26
2
2
1,260
855 N East St #206, Indianapolis, IN
0.06
Condo
$585,500
09/23/25
2
2
1,393
825 N Delaware St #3B, Indianapolis, IN
0.25
Condo
$220,200
08/03/26
2
2
998
441 N Park Ave #4, Indianapolis, IN
0.33
Condo
$343,000
02/09/26
2
2
1,267
825 N Delaware St #4B, Indianapolis, IN
0.25
Condo
$239,000
11/25/25
2
2
998
825 N Delaware St #3C, Indianapolis, IN
0.25
Condo
$235,000
03/25/26
2
2
932
611 N Park Ave #203, Indianapolis, IN
0.20
Condo
$320,000
04/07/26
2
2
1,230
611 N Park Ave #207, Indianapolis, IN
0.20
Condo
$345,000
04/17/26
2
2
1,230
611 N Park Ave #407, Indianapolis, IN
0.20
Condo
$370,000
11/17/25
2
2
1,230
706 N East St #C, Indianapolis, IN
0.09
Condo
$350,000
08/10/26
2
2.5
1,275

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
811 N East St, Indianapolis, IN 46202
0.02
$259,600
2
1
1,018
Off Market
464 E Saint Clair St, Indianapolis, IN 46202
0.02
$305,000
2
1.5
1,250
For Sale
469 E Arch St, Indianapolis, IN 46202
0.03
$333,700
2
1.5
1,120
Off Market
802 N Park Ave, Indianapolis, IN 46202
0.03
$275,000
2
1
1,267
For Sale
463 E Arch St, Indianapolis, IN 46202
0.03
-
2
1.5
1,120
Off Market
815 N East St #2, Indianapolis, IN 46202
0.04
$260,400
2
1
1,142
Off Market
456 E Arch St, Indianapolis, IN 46202
0.04
-
2
2.5
1,400
Off Market
813 N East St, Indianapolis, IN 46202
0.05
$328,700
1
2.5
2,005
Off Market
813 N East St #3, Indianapolis, IN 46202
0.05
$325,600
1
2.5
2,005
Off Market
803 N East St, Indianapolis, IN 46202
0.05
$310,200
1
1
1,267
Off Market
855 N East St #102-B, Indianapolis, IN 46202
0.05
$452,000
1
1
1,105
Off Market
725 N Cleveland St #C, Indianapolis, IN 46202
0.06
$1,170,700
3
2.5
4,000
Off Market

Local Information

  • Map ViewExplore the area around 497 E Arch St.
  • Schools7 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1982
Living Area
1,120 sqft
Price/Sqft
$275
Parking
Garage

About this House

This condo is located at 497 E Arch St, Indianapolis, IN. 497 E Arch St is in the Downtown neighborhood in Indianapolis, IN and in ZIP code 46202. This property has 2 bedrooms, 2 bathrooms and approximately 1,120 sqft of floor space. This property has a lot size of 6752 sqft and was built in 1982.
497 E Arch St, Indianapolis, IN 46202 is a 2 bedroom, 2 bathroom, 1,120 sqft condo in Downtown, built in 1982. It last sold for $215,000 on Jun 23, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $308,300, with a rent estimate of $1,797/month.

Home Details for 497 E Arch St

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1982Year Updated: 1982
Property Type / Style
Property Type: Condo

Interior Features

Interior Details
AtticNumber of Rooms: 6
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Community

Units in Building: 1

Lot Information

Lot Area: 6751 sqft

Price and Tax history

DateEventPrice
Jun 23, 2015
Source: MIBOR as distributed by MLS GRID #21355228
Sold
$215,000
May 22, 2015
Source: Agent Provided
Listed For Sale
$215,000
Nov 21, 2008
Source: MIBOR as distributed by MLS GRID #2851200
Sold
$160,000
Sep 11, 2008
Source: Agent Provided
Listed For Sale
$165,000

Market trends in Downtown

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$387K
Sale-to-List Price
—
Price per sq ft
$238
Available listings
140
7MoM

Around this home

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

LGBTQ Local Legal Protections

Frequently asked questions about 497 E Arch St

  • What is 497 E Arch St estimated to be worth?
    Trulia's estimated value for 497 E Arch St in Indianapolis, IN is $308,300.
  • What is the price history for 497 E Arch St?
    497 E Arch St in Indianapolis, IN last sold for $215,000 in June 2015.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $387K.
  • Does 497 E Arch St have air conditioning?
    Yes, 497 E Arch St in Indianapolis, IN has air conditioning.

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Off Market Homes Near 497 E Arch St

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