537 E 11th St, Indianapolis, IN 46202
Property image
Property image
SOLD
JUN 17, 2026

537 E 11th St
Indianapolis, IN 46202

Downtown
  • 1 Bed
  • 1 Bath

$679,000

Last Sold: Jun 17, 2026
3% below list $700K
Est. Refi. Payment $4,094/mo*
Refinance Your Home

$679,000

Last Sold: Jun 17, 2026
3% below list $700K
Est. Refi. Payment $4,094/mo*
Refinance Your Home
1 Bed
1 Bath

Local Information

  • Map ViewExplore the area around 537 E 11th St.
  • Schools2 Preschool Schools3 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Location! Location! Location! Cash flow. Upside. This quadruplex sits just two blocks from the hottest area of downtown Indy, near Mass Ave and minutes from the vibrant Bottleworks District-placing tenants within walking distance of some of downtown Indianapolis' best dining, entertainment, and nightlife. The property offers an ideal blend of stability and flexibility, with current rents ranging from $1,500-$1,850 per unit. The unit mix includes long-term tenants, furnished rentals, and clear potential to expand into short-term rentals for increased yield. Renovated in 2024, the building features refreshed flooring throughout, updated appliances, and modernized interiors with a clean, turnkey feel. Furnished units are included in the sale, providing immediate income without additional capital investment. Whether you're looking for a strong performing asset today or a value-add play with STR upside, this is a rare opportunity in one of Indianapolis' most sought-after rental corridors. Broker-owned property.
537 E 11th St, Indianapolis, IN 46202 is a 1 bedroom, 1 bathroom multi-family in Downtown, built in 1880. It last sold for $679,000 on Jun 17, 2026 (3% below the $699,900 asking price). More recently, it was listed as a rental in August 2021 with an asking price of $1,000 per month. That rental listing was removed on September 1, 2021. It is currently off market. The Trulia Estimate is $679,100, with a rent estimate of $1,102/month.

Home Highlights

Parking
2 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
114 days ago

Home Details for 537 E 11th St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Exterior Entry
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1
Appliances & Utilities
Laundry: Common Laundry
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Separate MetersHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: Two
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Fencing: Fenced, Partial, Front YardExterior: BalconyFoundation: Brick/Mortar, Crawl Space
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Unit Parking(On Street, Other)No CarportNo Attached GarageParking Spaces: 2Parking: Detached
Frontage
Road Frontage: City Street, See RemarksRoad Surface Type: Asphalt

Days on Market

Cumulative Days on Market: 29

Property Information

Year Built
Year Built: 1880
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, QuadruplexStructure Type: QuadruplexArchitecture: Victorian
Building
Construction Materials: Brick, Wood SidingNot a New ConstructionNot Attached Property
Property Information
Usage of Home: ResidentialParcel Number: 490636143001000101

Price & Status

Price
List Price: $699,900
Status Change & Dates
Off Market Date: Mon Apr 20 2026Possession Timing: Close Of Escrow, Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Cosbys Sub Ovis Butlers 1st Add
School Information
High School District: Indianapolis Public Schools

Lot Information

Lot Area: 5227.2 sqft

Miscellaneous

BasementMls Number: 22090881
Last check for updates: about 6 hours ago
Listed by Tyler Renick, (317) 258-7352
Tyler Knows Real Estate LLC
Bought with: Scott Burdine, (317) 753-0578, RE/MAX At The Crossing
Source: MIBOR as distributed by MLS GRID, MLS#22090881

Price History for 537 E 11th St

DatePriceEventSource
06/17/2026$679,000Sold
MIBOR as distributed by MLS GRID #22090881
04/20/2026$699,900PendingMIBOR as distributed by MLS GRID #22090881
03/23/2026$699,900Listed For SaleMIBOR as distributed by MLS GRID #22090881
03/15/2024$625,000Sold
MIBOR as distributed by MLS GRID #21958629
02/11/2024$645,000PendingMIBOR as distributed by MLS GRID #21958629
01/04/2024$645,000Listed For SaleMIBOR as distributed by MLS GRID #21958629
01/04/2024ListingRemovedMIBOR as distributed by MLS GRID #21945537
01/02/2024$645,000PendingToActiveMIBOR as distributed by MLS GRID #21945537
10/10/2023$645,000PendingMIBOR as distributed by MLS GRID #21945537
09/28/2023$645,000Listed For SaleMIBOR as distributed by MLS GRID #21945537
07/01/2022ListingRemovedMIBOR as distributed by MLS GRID #21837419
04/19/2022$670,000PendingToActiveMIBOR as distributed by MLS GRID #21837419
04/06/2022$670,000PendingMIBOR as distributed by MLS GRID #21837419
03/22/2022$670,000PriceChange
MIBOR as distributed by MLS GRID #21837419
02/15/2022$720,000Listed For SaleMIBOR as distributed by MLS GRID #21837419
09/01/2021ListingRemovedZillow Rental Network Premium
08/19/2021$1,000Listed For RentZillow Rental Network Premium
12/03/2020$1,000ListingRemovedAgent Provided
11/11/2020$1,000PriceChange
Agent Provided
09/03/2020$1,100Listed For RentAgent Provided
10/22/2019$416,500Sold
MIBOR as distributed by MLS GRID #21665692
09/12/2019$429,000PendingAgent Provided
09/04/2019$429,000Listed For SaleAgent Provided

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$11,227
Assessment$583,200
Home facts updated by county records

Comparable Sales for 537 E 11th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
520 E 11th St, Indianapolis, IN
0.04
Multi-Family Home
$695,000
01/28/26
6
3
-
715-717 E 15th St, Indianapolis, IN
0.41
Multi-Family Home
$290,000
09/12/25
3
2
-
1728 N Delaware St, Indianapolis, IN
0.72
Multi-Family Home
$810,000
04/22/26
2
2
-
1659 Carrollton Ave, Indianapolis, IN
0.65
Multi-Family Home
$302,000
01/05/26
2
2
-
1524-1526 Bellefontaine St, Indianapolis, IN
0.50
Multi-Family Home
$455,000
11/18/25
2
3
-
1629 E Michigan St, Indianapolis, IN
1.03
Multi-Family Home
$193,320
02/12/26
1
1
-
448 N State Ave, Indianapolis, IN
1.08
Multi-Family Home
$505,000
06/23/26
2
2
-

Nearby homes

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Assigned Schools

These are the assigned schools for 537 E 11th 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.
  • 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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Homes for sale near 537 E 11th St

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Off Market Homes Near 537 E 11th St

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Based on information submitted to the MLS GRID as of 2026-07-16 01:03:18 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information