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327 W Walnut Street

Indianapolis, IN 46202

ActiveListed Oct 14, 2026 · 4 days on market

Key facts

Beds
2
Baths
3 full · 1 half
Living area
2,689 sqft
Lot
0.11 acres
Year built
2000
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22131403
County
Marion
Subdivision
Watermark
Total building area
2,802 sqft

About this home

MOVE-IN READY AND READY FOR YOU TO EXPERIENCE DOWNTOWN LIVING AT ITS FINEST! Perfectly situated along the Canal and next to the Cultural Trail, this home offers an incredible blend of urban charm, convenience, and an active lifestyle! Enjoy easy access to walking, biking, and running paths, with downtown restaurants, entertainment, and attractions just MOMENTS away. Lucas Oil Stadium and Gainbridge Fieldhouse are within walking distance, making this an ideal location for enjoying everything the city has to offer! Inside, you'll find two fireplaces that add warmth and character, along with a second-story balcony overlooking the canal offering BREATHTAKING views! In the basement, you have the ability to turn the entire downstairs into a private retreat, OR, bonus room for everyone to enjoy! Even better, the seller has gone the extra mile to prepare this home for its next owner, including fresh interior paint, professional carpet cleaning, and a professional deep cleaning throughout. The result is a beautifully refreshed, move-in-ready home that allows you to settle in and start enjoying downtown living from DAY ONE! Don't miss this opportunity to experience the best of urban living in the heart of Indianapolis!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerDisposalGas Water HeaterMicroHoodMicrowaveGas OvenRefrigeratorWasherWater HeaterWater Softener Owned
Interior features
Vaulted Ceiling(s)In-Law FloorplanEat-in KitchenWired for DataPantrySmart ThermostatWalk-In Closet(s)Wood Work PaintedCathedral Ceiling(s)
Flooring
Hardwood
Basement
Partially Finished
Fireplaces
1
Fireplace type
Primary BedroomFamily RoomGas LogBedroomLiving Room
Windows
ScreensStorm Window(s)Wood Frames
Security
Smoke Detector(s)
Rooms
9

Exterior

Exterior features
BalconyFire Pit
Patio and porch
CoveredDeckPatio
Construction
Wood Siding
Foundation
Concrete Perimeter
Style
Contemporary
Parking and garage
Attached
Spa
Bath

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public

Lot and HOA

HOA fee
$1,000 / quarterly
Community
GatedSuburbanStreet LightsPark
HOA amenities
Park

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$7,510 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$4,570per month, estimated
Principal and interest $3,377Property tax $626Insurance $234HOA $333
20% · $133,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$669,900
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