514 E Walnut St, Indianapolis, IN 46202
Property image
Property image
OFF MARKET

514 E Walnut St
Indianapolis, IN 46202

Downtown
  • 2 Beds
  • 2.5 Baths
  • 1,240 sqft

$343,000

Trulia Estimate
as of Aug 17, 2026

$343,000

Trulia Estimate
as of Aug 17, 2026
2 Beds
2.5 Baths
1,240 sqft

Home Value

Trulia Estimate
$343K
Since last month
Decreased$5K (-1.5%)
Since last year
Decreased$8K (-2.4%)
Since last sale
Increased$144K (+72%)
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 +55% in the last 10 years
MonthEstimated value
2026
August 2026$344K
July 2026$347K
June 2026$349K
May 2026$346K
April 2026$353K
March 2026$349K
February 2026$343K
January 2026$337K
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
728 Fulton St, Indianapolis, IN
0.21
Single-Family Home
$420,000
04/07/26
2
3
1,314
355 E Saint Clair St, Indianapolis, IN
0.16
Single-Family Home
$260,000
06/15/26
2
1.5
1,120
346 E Saint Clair St, Indianapolis, IN
0.20
Single-Family Home
$360,000
08/04/26
2
1.5
1,120
554 E Vermont St, Indianapolis, IN
0.25
Single-Family Home
$380,000
12/12/25
2
2.5
1,938
326 E Saint Clair St, Indianapolis, IN
0.22
Single-Family Home
$360,000
07/20/26
2
1.5
1,120
575 Lockerbie Cir S, Indianapolis, IN
0.25
Single-Family Home
$350,000
06/17/26
2
1.5
1,728
648 E Saint Clair St, Indianapolis, IN
0.13
Single-Family Home
$561,500
12/22/25
2
2.5
2,280
334 E 7th St, Indianapolis, IN
0.18
Single-Family Home
$264,000
07/13/26
1
1.5
1,120
383 E Arch St, Indianapolis, IN
0.18
Single-Family Home
$335,000
02/06/26
2
1.5
1,120
425 N College Ave, Indianapolis, IN
0.28
Single-Family Home
$380,000
06/18/26
2
2.5
2,433

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
707 N East St, Greenfield, IN 46140
0.01
-
-
-
-
Off Market
706 N East St #C, Indianapolis, IN 46202
0.05
$350,000
2
2.5
1,275
Recently Sold
719 N Park Ave, Indianapolis, IN 46202
0.06
$751,800
3
3
2,627
Off Market
706 Massachusetts Ave #202, Indianapolis, IN 46204
0.06
$425,000
2
2.5
1,434
For Sale
715 N Cleveland St, Indianapolis, IN 46202
0.06
$365,600
2
2.5
1,683
Off Market
725 N Cleveland St #C, Indianapolis, IN 46202
0.07
$1,163,300
3
2.5
4,000
Off Market
802 N Park Ave, Indianapolis, IN 46202
0.09
$285,000
2
1
1,267
For Sale
723 N Cleveland St, Indianapolis, IN 46202
0.08
$1,110,000
3
4
4,155
For Sale
749 N Park Ave #A, Indianapolis, IN 46202
0.09
$900,000
3
2.5
3,454
For Sale
803 N East St, Indianapolis, IN 46202
0.09
$311,800
1
1
1,267
Off Market
711 N Cleveland St, Indianapolis, IN 46202
0.08
$582,800
2
3
2,019
Off Market
813 N East St, Indianapolis, IN 46202
0.10
$330,200
1
2.5
2,005
Off Market

Local Information

  • Map ViewExplore the area around 514 E Walnut St.
  • Schools7 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1885
Living Area
1,240 sqft
Price/Sqft
$277
Parking
Garage

About this House

This single-family home is located at 514 E Walnut St, Indianapolis, IN. 514 E Walnut St is in the Downtown neighborhood in Indianapolis, IN and in ZIP code 46202. This property has 2 bedrooms, 3 bathrooms and approximately 1,240 sqft of floor space. This property has a lot size of 1307 sqft and was built in 1885.
514 E Walnut St, Indianapolis, IN 46202 is a 2 bedroom, 3 bathroom, 1,240 sqft single-family home in Downtown, built in 1885. It last sold for $200,000 on Mar 26, 2014. It is currently off market. The Trulia Estimate is $343,000, with a rent estimate of $2,022/month.

Home Details for 514 E Walnut St

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Hardwood, Linoleum Vinyl
Interior Details
AtticNumber of Rooms: 5Types of Rooms: Office
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodFoundation Type: Crawl Raised
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached, Off Street

Property Information

Year Built
Year Built: 1885Year Updated: 1955
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 1

Lot Information

Lot Area: 1306 sqft

Price and Tax history

DateEventPrice
Mar 26, 2014
Source: MIBOR as distributed by MLS GRID #21262721
Sold
$200,000
Mar 9, 2014
Source: Agent Provided
Pending
$229,000
Oct 30, 2013
Source: Agent Provided
Listed For Sale
$229,000
Jun 9, 2012
Source: Agent Provided
ListingRemoved
$229,900
Mar 23, 2012
Source: Agent Provided
PriceChange
$229,900
Price decreased by 4%

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
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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

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Homes for sale near 514 E Walnut St

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Off Market Homes Near 514 E Walnut St

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Frequently asked questions about 514 E Walnut St

  • What is 514 E Walnut St estimated to be worth?
    Trulia's estimated value for 514 E Walnut St in Indianapolis, IN is $343,000.
  • What is the price history for 514 E Walnut St?
    514 E Walnut St in Indianapolis, IN last sold for $200,000 in March 2014.
  • 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 514 E Walnut St have air conditioning?
    Yes, 514 E Walnut St in Indianapolis, IN has air conditioning.
  • Does 514 E Walnut St have laundry facilities?
    Yes, 514 E Walnut St in Indianapolis, IN has in-unit laundry.