721 E 16th St, Indianapolis, IN 46202
Property image
Property image
OFF MARKET

721 E 16th St
Indianapolis, IN 46202

Near Northside
  • 3 Beds
  • 4 Baths
  • 1,968 sqft

$490,500

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $2,932/mo*
Refinance Your Home

$490,500

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $2,932/mo*
Refinance Your Home
3 Beds
4 Baths
1,968 sqft

Local Information

  • Map ViewExplore the area around 721 E 16th St.
  • Schools3 Preschool Schools3 Elementary Schools1 Middle School4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Beautiful new unfurnished townhome for lease. Close to Bottleworks District with tons of restaurants, theatre, bowling and a bike/walking Monon Trail. Welcome to 16 Gateway Townhomes! This new Brownstone style townhome built is the perfect blend of function and style. Sleek decor with a modern fireplace that opens to the dining and kitchen areas. An oversized main floor outdoor deck patio, dual HVAC units and a tankless water heater provide the function. Two car garage on main floor. Very close to hospitals, interstate, and the wonderful Mass Ave's shopping and restaurants. Within 2 miles of downtown Indianapolis for more shopping, dining, and lots of sporting and concert opportunities. Great upper deck with views of the city and a table and fire pit for fun evenings. Urban living at it's best!

Trash and recycling bins and service are provided by the City of Indianapolis. Townhome is available for rent or purchase. Has balcony off the kitchen and a rooftop terrace on the fourth floor looking at the Bottleworks and downtown Indy area, as well as neighborhoods to the north. This is a no smoking home.
721 E 16th St, Indianapolis, IN 46202 is a 3 bedroom, 4 bathroom, 1,968 sqft townhouse in Near Northside. More recently, it was listed as a rental in August 2025 with an asking price of $3,750 per month. That rental listing was removed on August 26, 2025. It is currently off market. The Trulia Estimate is $490,500, with a rent estimate of $2,801/month.

Home Highlights

Parking
Attached Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 721 E 16th St

Interior Features

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

Property Information

Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Attached, On Site

Price History for 721 E 16th St

DatePriceEventSource
08/26/2025$3,750ListingRemovedZillow Rentals
08/05/2025$3,750Listed For RentZillow Rentals
06/18/2025$599,000ListingRemovedMIBOR as distributed by MLS GRID #21962129
02/21/2025$599,000PriceChange
MIBOR as distributed by MLS GRID #21962129
07/10/2024$599,900PriceChange
MIBOR as distributed by MLS GRID #21962129
02/21/2024$625,000Listed For SaleMIBOR as distributed by MLS GRID #21962129
02/01/2024ListingRemovedMIBOR as distributed by MLS GRID #21907388
12/19/2023$650,000PriceChange
MIBOR as distributed by MLS GRID #21907388
03/01/2023$671,000PriceChange
MIBOR as distributed by MLS GRID #21907388
11/10/2022$691,900Listed For SaleEstridge

Market trends in Indianapolis

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$238K
$16.58KMoM
Sale-to-List Price
98.7%
0.4%MoM
Price per sq ft
$141
$7MoM
Available listings
3812
187MoM
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Property Tax and Assessment

Year2025
Tax$524
Assessment$623,900
Home facts updated by county records

Comparable Sales for 721 E 16th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1523 Bellefontaine St, Indianapolis, IN
0.10
Townhouse
$470,000
04/09/26
3
3
2,240
1526 Carrollton Ave, Indianapolis, IN
0.07
Townhouse
$439,900
02/23/26
3
3.5
2,928
1528 Carrollton Ave, Indianapolis, IN
0.07
Townhouse
$450,000
01/05/26
3
3.5
3,128
1557 N College Ave #3, Indianapolis, IN
0.04
Townhouse
$316,000
09/11/25
2
2.5
1,895
1543 Yandes St, Indianapolis, IN
0.29
Townhouse
$372,000
04/30/26
2
2.5
1,708
1825 N New Jersey St, Indianapolis, IN
0.45
Townhouse
$488,000
07/18/25
3
2.5
2,388
609 Pomeroy St, Indianapolis, IN
0.53
Townhouse
$518,000
05/29/26
3
2.5
2,024
1734 Alvord St, Indianapolis, IN
0.30
Townhouse
$353,500
10/29/25
2
2.5
1,344
2013 Yandes St, Indianapolis, IN
0.53
Townhouse
$325,000
09/09/25
3
2.5
1,810
2033 Carrollton Ave, Indianapolis, IN
0.46
Townhouse
$110,000
08/04/25
3
2.5
1,400

Nearby homes

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Assigned Schools

These are the assigned schools for 721 E 16th 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

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

What Locals Say about Near Northside

At least 68 Trulia users voted on each feature.

  • 98 % Say it's dog friendly

  • 97 % Say there are sidewalks

  • 94 % Say it's walkable to restaurants

  • 89 % Say parking is easy

  • 77 % Say car is needed

  • 76 % Say there's holiday spirit

  • 76 % Say streets are well-lit

  • 74 % Say yards are well-kept

  • 68 % Say neighbors are friendly

  • 65 % Say people would walk alone at night

  • 59 % Say it's walkable to grocery stores

  • 56 % Say kids play outside

  • 53 % Say they plan to stay for at least 5 years

  • 46 % Say it's quiet

  • 46 % Say there's wildlife

  • 41 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Nvhnc7btp8
    "Excellent schools and park in historic Herron-Morton Place. Lots of families with children and pet families. Family and pet friendly restaurants, ice cream shop and other food and beverage amenities as well"
    0
    Flag
  • Trulia User
    "There are numerous festivals and public events. The Pacers and the Colts play here. And the is the Indy Fever that also play at the field house. "
    3
    Flag
  • Trulia User
    "I lived in this neighborhood for 3.5 years. My kids enjoyed riding their bikes and playing in the triangle park. And, the neighbors are super friendly."
    4
    Flag
  • Trulia User
    "The History of Herron makes this a unique upscale classy neighborhood to live in . Peaceful Serine Beautiful we look forward to residing in this Community"
    3
    Flag
  • Sanematsu
    "I’ve lived here for 13 years. Love the big city feel. Shawn Grove Park is great for the kids. You can walk to the library. More coffee places and restaurants have been popping up. It’s one of the best spots in Indy IMHO "
    19
    Flag
  • Scott.joe.williams
    "Lots of dog walking. Only a handful of times have I seen someone walking without a leash. Most people are respectful with their animals. "
    1
    Flag
  • Luke M.
    "There are lots of well maintained sidewalks that are ideal for dogs to walk on. There are not too many cars that drive down the streets between college and central, and central and Delaware. "
    0
    Flag
  • Ekelley.barkey
    "Locally owned restaurants to meet other neighbors. We love walking to dinner or out for drinks. A quick Uber/lyft ride to popular downtown spots. Great neighborhood for running or walking your dog. Great seasonal events in nearby parks with live music and vendors. "
    1
    Flag
  • Loubags01
    "This is a very kid friendly neighborhood. You’ll see children riding bikes with their parents & trying their hand at becoming young entrepreneurs with lemonade stands. All of the local eateries also cater to the kiddos. "
    0
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  • Mberardi525
    "Rotating Socials at neighbors, July neighborhood wide yard sale. Yearly neighborhood clean-ups. Social events at local businesses after hours. "
    0
    Flag
  • Loubags01
    "There are great private schools for children of all ages around us. The sidewalks are always full of families walking dogs & pushing strollers with older children walking or riding along on their bikes. Parents have meet ups in the parks & our HOA has fantastic family activities including Easter egg hunts & we close down Talbott St during the 4th of July to watch the Indianapolis fireworks in the street. "
    0
    Flag
  • Jason
    "I wouldn’t consider the Old Northside a child friendly area. It’s great for urban minded older people."
    0
    Flag
  • Reddadday01
    "Public Transportation is good, however you do need a care for shopping and commuting out of downtown "
    0
    Flag
  • Reddadday01
    "The area is mixed however condos are running around 150K on up apartment rent is around $1000.00 a month South of 16th Street "
    0
    Flag
  • Shelly S.
    "Old Northside Treasure Hunt and a variety of different activities like porch parties, halloween and summer picnic"
    0
    Flag
  • Audrea F.
    "The commute from my neighborhood to the downtown and Broad Ripple areas is very easy and traffic is typically light. "
    0
    Flag
  • Byron R.
    "I've lived over here for about four years, and the people in this neighborhood are friendly. I feel safe when I am out walking after dark. I wish I had a dog to really fit in cause I love to see people walking their dogs around."
    0
    Flag
  • Emkemp
    "I have lived in the neighborhood for over 7 years. There are so many new places to walk to now. It's great to meet with up with friends nearby."
    0
    Flag
  • Shelly S.
    "Proximity to downtown with neighborhood feel. Great neighbors connected community.old houses modern living."
    0
    Flag
  • Corrnd
    "I've lived in Fall Creek Place for 7 years. It's very walkable to local amenities, with good connectivity into downtown and an interesting mix of new and historic homes."
    0
    Flag
  • Mberardi525
    "Great old home architecture. Friendly people. Not too much traffic. Lots of people out jogging or walking dogs. Can ride your bike anywhere downtown. "
    0
    Flag

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Explore by feature - Pet Friendly

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Homes for sale near 721 E 16th St

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Off Market Homes Near 721 E 16th St

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