# 516 Palmyra Drive, Indianapolis, IN 46239 > **TL;DR:** 3bd/3ba single family, $315,000 ($131/sqft), built 1989, 2,407 sqft. > Fireplace, Waterfront, A/C, 2-car garage. Est. $1,802/mo. Listed 326 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $315,000 | | Price/sqft | $131 | | Bedrooms | 3 | | Bathrooms | 2 full, 1 half | | Square Feet | 2,407 | | Year Built | 1989 | | Lot Size | 13,504 sqft (0.31 acres) | | Stories | 2 | | Garage | 2-car | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 326 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,593 | | Estimated Insurance | $92 | | HOA | $117 | | **Total** | **$1,802** | ## Nearby Schools - **Elementary:** Brookview - **Middle:** Creston - **High:** Warren Central ## Key Amenities - Fireplace - Waterfront - A/C - 2-car garage ## Property Highlights - Built in 1989 - 0.31 acre lot - 2 stories - Fireplace - Waterfront ## Description ### Agent Description 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! ## Location - **Address:** 516 Palmyra Drive, Indianapolis, IN 46239 - **County:** Marion County - **Coordinates:** 39.761819, -85.977752 - **Google Maps:** https://www.google.com/maps?q=39.761819,-85.977752 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/irmls/202548685 ## Listing Agent - **Name:** Keeley Stalcup - **Brokerage:** eXp Realty LLC - **Broker Phone:** 8886113912 ## Photos ![516 Palmyra Drive - Photo 1](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f2687022138r.jpg) ![516 Palmyra Drive - Photo 2](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f2078214353r.jpg) ![516 Palmyra Drive - Photo 3](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f592810771r.jpg) ![516 Palmyra Drive - Photo 4](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f3061313879r.jpg) ![516 Palmyra Drive - Photo 5](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f554222364r.jpg) ![516 Palmyra Drive - Photo 6](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f2824579796r.jpg) ![516 Palmyra Drive - Photo 7](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f3817050622r.jpg) ![516 Palmyra Drive - Photo 8](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f114371621r.jpg) ![516 Palmyra Drive - Photo 9](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f592780217r.jpg) ![516 Palmyra Drive - Photo 10](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f1579780607r.jpg) ![516 Palmyra Drive - Photo 11](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f2237918110r.jpg) ![516 Palmyra Drive - Photo 12](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f2832168916r.jpg) ![516 Palmyra Drive - Photo 13](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f2690991375r.jpg) ![516 Palmyra Drive - Photo 14](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f1688639951r.jpg) ![516 Palmyra Drive - Photo 15](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f3908737194r.jpg) ![516 Palmyra Drive - Photo 16](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f1092089594r.jpg) ![516 Palmyra Drive - Photo 17](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f2646201643r.jpg) ![516 Palmyra Drive - Photo 18](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f3236609081r.jpg) ![516 Palmyra Drive - Photo 19](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f312220431r.jpg) ![516 Palmyra Drive - Photo 20](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f2343190362r.jpg) ![516 Palmyra Drive - Photo 21](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f1564466548r.jpg) ![516 Palmyra Drive - Photo 22](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f635618293r.jpg) ![516 Palmyra Drive - Photo 23](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f2778677457r.jpg) ![516 Palmyra Drive - Photo 24](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f314584693r.jpg) ![516 Palmyra Drive - Photo 25](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f1966576160r.jpg) ![516 Palmyra Drive - Photo 26](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f3276123058r.jpg) ![516 Palmyra Drive - Photo 27](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f1965295729r.jpg) ![516 Palmyra Drive - Photo 28](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f849351032r.jpg) ![516 Palmyra Drive - Photo 29](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f646339937r.jpg) ![516 Palmyra Drive - Photo 30](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f3570964491r.jpg) ![516 Palmyra Drive - Photo 31](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f1782729534r.jpg) ![516 Palmyra Drive - Photo 32](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f3816127981r.jpg) ![516 Palmyra Drive - Photo 33](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f1086112334r.jpg) ![516 Palmyra Drive - Photo 34](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f1568757335r.jpg) ![516 Palmyra Drive - Photo 35](http://lh.rdcpix.com/296a9a7f49ffd0e84777d5cd9f2d286al-f3487868975r.jpg) --- **MLS#:** 202548685 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/516-palmyra-drive-indianapolis-in-46239-375630414f5f4de5aa40928e91cd87af) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/516-palmyra-drive-indianapolis-in-46239-375630414f5f4de5aa40928e91cd87af#listing", "url": "https://staging.propertysimple.ai/listing/516-palmyra-drive-indianapolis-in-46239-375630414f5f4de5aa40928e91cd87af", "name": "516 Palmyra Drive, Indianapolis, IN 46239", "description": "Welcome to SPRING and WATERFRONT Living!!! If that sounds good to you then welcome to 516 Palmyra Dr. located in Indianapolis! 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