509 E Walnut St, Indianapolis, IN 46202
OFF MARKET

509 E Walnut St
Indianapolis, IN 46202

Downtown
  • Studio
  • 1,166 sqft

$299,800

Trulia Estimate
as of May 24, 2026
Est. Refi. Payment $1,823/mo*
Refinance Your Home

$299,800

Trulia Estimate
as of May 24, 2026
Est. Refi. Payment $1,823/mo*
Refinance Your Home
Studio
1,166 sqft

Local Information

Map showing home location
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-- mins to
Commute Destination

Description

This single-family home is located at 509 E Walnut St, Indianapolis, IN. 509 E Walnut St is in the Downtown neighborhood in Indianapolis, IN and in ZIP code 46202. This property has approximately 1,166 sqft of floor space. This property has a lot size of 7405 sqft and was built in 2003.
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.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 509 E Walnut St

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 2003Year Updated: 2003
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 2439 sqft

Price History for 509 E Walnut St

DatePriceEventSource
04/04/2000$32,250Sold
MIBOR as distributed by MLS GRID #2005348
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Property Tax and Assessment

Year2025
Tax$3,742
Assessment$284,100
Home facts updated by county records

Comparable Sales for 509 E Walnut St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
383 E Arch St, Indianapolis, IN
0.19
Single-Family Home
$335,000
02/06/26
2
1.5
1,120
354 E Arch St, Indianapolis, IN
0.21
Single-Family Home
$330,000
07/30/25
2
1.5
1,120
346 E Saint Clair St, Indianapolis, IN
0.21
Single-Family Home
$305,000
05/27/25
2
1.5
1,120
733 Dorman St, Indianapolis, IN
0.53
Single-Family Home
$92,297
02/19/26
2
-
1,872
609 E 9th St, Indianapolis, IN
0.22
Single-Family Home
$499,999
10/02/25
2
2
1,764
514 N Park Ave, Indianapolis, IN
0.15
Single-Family Home
$1,375,000
01/20/26
4
4
4,524
630 E Saint Clair St, Indianapolis, IN
0.13
Single-Family Home
$830,000
02/23/26
3
2.5
3,072
1311 E 9th St, Indianapolis, IN
0.66
Single-Family Home
$175,000
04/09/26
-
960
648 E Saint Clair St, Indianapolis, IN
0.14
Single-Family Home
$561,500
12/22/25
2
2.5
2,280
1019 Central Ave, Indianapolis, IN
0.36
Single-Family Home
$425,000
06/17/25
2
1.5
1,500

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 509 E Walnut 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

  • 82 % 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

  • 23 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • 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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509 E Walnut St, Indianapolis, IN 46202 is a studio, 1,166 sqft single-family home built in 2003. 509 E Walnut St is located in Downtown, Indianapolis. This property is not currently available for sale. 509 E Walnut St was last sold on Apr 4, 2000 for $32,250. The current Trulia Estimate for 509 E Walnut St is $299,800.