1020 E Palmer St Indianapolis, IN 46203
Bates-Hendricks NeighborhoodEstimated payment $2,560/month
Highlights
- Hot Property
- 0.26 Acre Lot
- Dining Room with Fireplace
- Updated Kitchen
- Colonial Architecture
- 1-minute walk to Ringgold Park
About This Home
What an incredible piece of Indianapolis history! The William Sanders Home, built in 1820, is the oldest home in the city and features iconic brick farmhouse architecture. One of the home's most remarkable features is its "dog-trot" layout, which separates the two wings and offers a multitude of living possibilities. The front portion of the house includes generously proportioned "public" living areas and two bedrooms upstairs, while the rear wing provides additional living spaces, a second kitchen, and even more bedrooms. Indiana was just four years old when William Sanders began construction of this one-of-a-kind home on the southern section of what was then a 240-acre family farm. The bricks were made on-site from the mud of nearby Pleasant Creek, long before there were any big-box stores for lumber, roofing, or plumbing materials. A second house in the back was added later, adding to the property's unique history. Just a 5-minute walk from Fountain Square, the property also offers four back parking spots and a two-car garage. Truly, a remarkable piece of Indianapolis history with modern updates and flexible living spaces.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,548
Year Built
- Built in 1820
Lot Details
- 0.26 Acre Lot
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 2-Story Property
- Woodwork
- Living Room with Fireplace
- Dining Room with Fireplace
- 3 Fireplaces
- Unfinished Basement
Kitchen
- Updated Kitchen
- Electric Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Home Security
- Security System Owned
- Fire and Smoke Detector
Outdoor Features
- Covered Patio or Porch
- Fire Pit
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Community Details
- No Home Owners Association
- Twinames Subdivision
Listing and Financial Details
- Tax Lot 29
- Assessor Parcel Number 491113122004000101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,479 | $343,400 | $42,400 | $301,000 |
| 2023 | $5,479 | $332,900 | $42,400 | $290,500 |
| 2022 | $5,534 | $332,900 | $42,400 | $290,500 |
| 2021 | $4,775 | $297,600 | $42,400 | $255,200 |
| 2020 | $4,216 | $283,400 | $42,400 | $241,000 |
| 2019 | $4,518 | $375,400 | $11,300 | $364,100 |
| 2018 | $4,152 | $333,600 | $4,100 | $329,500 |
| 2017 | $2,211 | $99,100 | $4,100 | $95,000 |
| 2016 | $1,764 | $89,600 | $4,100 | $85,500 |
| 2014 | $1,678 | $77,600 | $4,100 | $73,500 |
| 2013 | $1,629 | $72,500 | $4,100 | $68,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/04/2025 12/04/25 | For Sale | $400,000 | +31.1% | $100 / Sq Ft | |
| 05/30/2018 05/30/18 | Sold | $305,000 | -6.2% | $52 / Sq Ft | View Prior Sale |
| 04/06/2018 04/06/18 | Pending | -- | -- | -- | |
| 11/08/2017 11/08/17 | For Sale | $325,000 | -- | $56 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Deed | $305,000 | -- | |
| Warranty Deed | -- | First American Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $156,750 | New Conventional | |
| Previous Owner | $244,000 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22073948
APN: 49-11-13-122-004.000-101
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