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Listing courtesy of eXp Realty LLC · Listing agent: Keeley Stalcup · cell: 765-585-4606

Virtual tour
ActiveSite-Built Home

516 Palmyra Drive

$315,000

$130.87 / sq ft

Est. $2,083/mo

Indianapolis, IN 46239

Original price $330,000 · Price reduced on April 22, 2026

  • Waterfront
  • 2-car garage
  • Fireplace
Bedrooms
3
Bathrooms
2.5
Living area
2,407 sq ft
Lot
0.31 ac
Year built
1989
Type
Site-Built Home
Listed
December 11, 2025
MLS #
202548685

About this home

Welcome to SPRING and WATERFRONT Living!!! If that sounds good to you then welcome to 516 Palmyra Dr. located in Indianapolis! This home boasts a Brand-New HVAC system, the roof, siding, and gutters were replaced in 2022, water heater was replaced in 2019, and new beautiful Vinyl plank flooring that flows throughout much of the main level was recently installed. This is a very spacious home that sits on a quiet cul-de-sac and backs up to a large, serene pond-offering both privacy and beautiful views. Inside, you'll find a warm and inviting layout that includes a bright living room, a formal dining room, and a spacious kitchen with an eat-in area. The cozy family room features built-in shelving and a charming wood-burning fireplace as the focal point. Upstairs, all bedrooms are conveniently located along with the master suite and a versatile loft area-perfect for an office, playroom, or additional lounge space. With generous living areas both upstairs and down, this home provides room to spread out, relax, and make it your own. A wonderful opportunity for any buyer seeking comfort, convenience. The home also has a fenced in backyard. Don't wait long, call your favorite agent for your private viewing!

Monthly payment estimate

$2,083/mo

Principal & interest
$1,724
Property taxes
$247
Homeowners insurance
$92
HOA dues
$20
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2024 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
Bi-Level
Total rooms
12
Total area
2,407 sq ft
Finished area above grade
2,407 sq ft
Bedrooms above grade
3
Full baths, upper level
2
Half baths, main level
1
Basement
Crawl Space
Heating
Electric, Wood, Forced Air, Hot Water
Cooling
Central Air
Fireplaces
1
Fireplace features
Family Room
Laundry
Main Level

Exterior & parking

Style
Traditional
Construction
Brick, Vinyl Siding
Garage spaces
2
Attached garage
Yes
Garage type
Attached
Private pool
No
New construction
No

Waterfront & lake

Waterfront
Yes
Water feature
Pond

Lot

Lot features
Cul-De-Sac, Waterfront
Lot size (acres)
0.31 ac
Lot dimensions
00X00
County
Marion County
Township
Warren
Platted
Yes
Planned unit development
No
Directions
Enter Creekside Woods Subdivision

Schools

Elementary school
Brookview
Middle school
Creston
High school
Warren Central
School district
MSD of Warren Township

HOA & community

HOA fee
$117
HOA fee frequency
Semi-Annually
Other fees
$75
Other fees description
Yearly pond fee

Taxes & terms

Annual taxes
$2,962
Tax year
2024
Possession
At Close
Parcel number
49-09-09-106-015.000-700

Utilities

Water
City
Sewer
Public Sewer

Location

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