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Language: English

Open By Appointment Today

View All Hours Office Hours Monday - Friday, By Appointment Saturday & Sunday, Closed

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call 317-483-7164
Floor Plan View Body
Indiana Marion County Indianapolis Circle City

Penn Street Tower Apartments

115 N Pennsylvania St, Indianapolis, IN 46204

Property Website
3.9 (6 reviews)

Property Rating

3.9
Good
Out of 5

3.9 Blended Score

See all 6 Renter Reviews

How Is This Rating Determined?

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Building ratings are based on this community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

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317-483-7164
  • Monthly Rent

    $1,273 - $2,401

  • Bedrooms

    1 bd

  • Bathrooms

    1 ba

  • Square Feet

    788 sq ft

Penn Street Tower Apartments
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Standing a block away from Indy's Monument Circle for over a century, Penn Street Tower offers an unbeatable location. Originally built as the "Lemcke Annex", the 15-story tower has housed many occupants over the years, but today features 98 high-end 1 & 2 bedroom apartments.

Read More

Highlights

  • Walker's Paradise
  • Bike-Friendly Area
  • Dry Cleaning Service
  • Office
  • Controlled Access
  • Island Kitchen
  • Elevator
  • Property Manager on Site
  • Views

Pricing & Floor Plans

Cost Calculator: Estimate your monthly and one-time fees.
Wabash: Floors 02-07 $1,273 – $2,253
1 Bed 1 Bath 788 Sq Ft $200 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 203
    price $1,273
    square feet 788
    availibility Now
  • Unit 502
    price $1,315
    square feet 788
    availibility Now
Wabash: Floors 10-12 $1,412 – $2,401
1 Bed 1 Bath 788 Sq Ft $200 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 1204
    price $1,412
    square feet 788
    availibility Now
  • Unit 1005
    price $1,426
    square feet 788
    availibility Now
Wabash: Floors 02-07 $1,273 – $2,253
1 Bed 1 Bath 788 Sq Ft $200 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 203
    price $1,273
    square feet 788
    availibility Now
  • Unit 502
    price $1,315
    square feet 788
    availibility Now
Wabash: Floors 10-12 $1,412 – $2,401
1 Bed 1 Bath 788 Sq Ft $200 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 1204
    price $1,412
    square feet 788
    availibility Now
  • Unit 1005
    price $1,426
    square feet 788
    availibility Now
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out.View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the Cost Calculator to add these fees to the base price.

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        Charged per applicant.
        $50
    • Due at Move-In
      • Administrative Fee
        Charged per unit.
        $0
  • Dogs
    Max of 2, 100 lbs. Weight Limit
  • Cats
    Max of 2, 100 lbs. Weight Limit
  • Storage Unit
    • Storage Deposit
      Charged per rentable item.
      $0
    • Storage Rent
      Charged per rentable item.
      $15 / mo

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Details

Utilities Included

  • Trash Removal

Lease Options

  • 3 - 16 Month Leases

Property Information

  • Built in 2016
  • 98 units/15 stories

Matterport 3D Tours

1BR, 1BA - 744SF
1/3

About Penn Street Tower Apartments

Standing a block away from Indy's Monument Circle for over a century, Penn Street Tower offers an unbeatable location. Originally built as the "Lemcke Annex", the 15-story tower has housed many occupants over the years, but today features 98 high-end 1 & 2 bedroom apartments.

Penn Street Tower Apartments is an apartment community located in Marion County and the 46204 ZIP Code. This area is served by the Indianapolis Public Schools attendance zone.

Unique Features

  • Amazon lockers
  • Large loft-style windows
  • Stainless steel appliances
  • 24 Hour Maintenace
  • Community Room and Lounge
  • On-site Management
  • Dryer
  • Air Conditioning: Central
  • Washer & dryer included in most homes
  • Fitness Room Accessible 24 Hours a Day
  • White Cabinetry
  • City View
  • Granite countertops
  • Online Maintenance Portal
  • Online Rent Payment
  • Party Room
  • Resident Lounge
  • Views of the Monument Circle
  • Downtown Indianapolis views in most homes
  • Electric
  • Free Starbucks Machine
  • Indoor Bicycle Storage
  • Kitchen has Stunning White Cabinetry
  • Modern Appliances
  • Modern tile backsplash
  • Secure Storage Lockers
  • Vinyl
  • Washer

Contact

View Property Website
Language: English
Open By Appointment Today
  • Monday - Friday, By Appointment
  • Saturday & Sunday, Closed

Community Amenities

Fitness Center

Laundry Facilities

Elevator

Clubhouse

  • Package Service
  • Laundry Facilities
  • Controlled Access
  • Maintenance on site
  • Property Manager on Site
  • Recycling
  • Renters Insurance Program
  • Dry Cleaning Service
  • Key Fob Entry
  • Elevator
  • Clubhouse
  • Lounge
  • Multi Use Room
  • Storage Space
  • Disposal Chutes
  • Vintage Building
  • Fitness Center
  • Bicycle Storage

Apartment Features

Washer/Dryer

Air Conditioning

Dishwasher

High Speed Internet Access

Hardwood Floors

Island Kitchen

Granite Countertops

Microwave

Indoor Features

  • High Speed Internet Access
  • Wi-Fi
  • Washer/Dryer
  • Air Conditioning
  • Smoke Free
  • Cable Ready
  • Trash Compactor
  • Storage Space
  • Tub/Shower
  • Intercom
  • Wheelchair Accessible (Rooms)

Kitchen Features & Appliances

  • Dishwasher
  • Disposal
  • Granite Countertops
  • Stainless Steel Appliances
  • Island Kitchen
  • Eat-in Kitchen
  • Kitchen
  • Microwave
  • Range
  • Refrigerator
  • Freezer

Model Details

  • Hardwood Floors
  • Carpet
  • Office
  • Views
  • Double Pane Windows
Location Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
Amenities
  • Package Service
  • Laundry Facilities
  • Controlled Access
  • Maintenance on site
  • Property Manager on Site
  • Recycling
  • Renters Insurance Program
  • Dry Cleaning Service
  • Key Fob Entry
  • Elevator
  • Clubhouse
  • Lounge
  • Multi Use Room
  • Storage Space
  • Disposal Chutes
  • Vintage Building
  • Fitness Center
  • Bicycle Storage
  • Amazon lockers
  • Large loft-style windows
  • Stainless steel appliances
  • 24 Hour Maintenace
  • Community Room and Lounge
  • On-site Management
  • Dryer
  • Air Conditioning: Central
  • Washer & dryer included in most homes
  • Fitness Room Accessible 24 Hours a Day
  • White Cabinetry
  • City View
  • Granite countertops
  • Online Maintenance Portal
  • Online Rent Payment
  • Party Room
  • Resident Lounge
  • Views of the Monument Circle
  • Downtown Indianapolis views in most homes
  • Electric
  • Free Starbucks Machine
  • Indoor Bicycle Storage
  • Kitchen has Stunning White Cabinetry
  • Modern Appliances
  • Modern tile backsplash
  • Secure Storage Lockers
  • Vinyl
  • Washer
  • High Speed Internet Access
  • Wi-Fi
  • Washer/Dryer
  • Air Conditioning
  • Smoke Free
  • Cable Ready
  • Trash Compactor
  • Storage Space
  • Tub/Shower
  • Intercom
  • Wheelchair Accessible (Rooms)
  • Dishwasher
  • Disposal
  • Granite Countertops
  • Stainless Steel Appliances
  • Island Kitchen
  • Eat-in Kitchen
  • Kitchen
  • Microwave
  • Range
  • Refrigerator
  • Freezer
  • Hardwood Floors
  • Carpet
  • Office
  • Views
  • Double Pane Windows
Expenses
One-Time
Storage Fee $15
Cat Fee $150
Dog Fee $150
Utilities Included
Trash Removal Included
Office Hours
Monday By Appointment
Tuesday By Appointment
Wednesday By Appointment
Thursday By Appointment
Friday By Appointment
Saturday Closed
Sunday Closed
317-483-7164
Neighborhood

Downtown Indianapolis is a true marvel of American urban design, and is rightly recognized as one of the stylistic gems of the Midwest. The grand architecture of the various government buildings and museums ranges from neoclassical to ultra-modern, creating a timeless and visually stunning environment. Huge monuments and war memorials punctuate the landscape as well – in fact, Indianapolis has more such public tributes than any city in America apart from Washington, DC.

Downtown features a thriving nightlife scene, mainly along Meridian Street and Massachusetts Avenue and incorporating an immense selection of bars, clubs, and live music venues for every taste. The dining is unbeatable, with world-class restaurants of every description within a short walk from anywhere and the popular Food Truck Fridays delivering more eclectic fare during the summer months.

Learn more about living in Circle City 
Average Prices by Area

Compare neighborhood and city base rent averages by bedroom.

Circle City Indianapolis, IN
Studio $1,219 $966
1 Bedroom $1,442 $1,109
2 Bedrooms $1,873 $1,315
3 Bedrooms $2,826 $1,531
Education
Colleges & Universities Distance
Colleges & Universities Distance
IU - Indianapolis
Drive: 5 min 1.6 mi
IU - School of Medicine
Drive: 5 min 1.7 mi
Ivy Tech Community College
Drive: 6 min 2.7 mi
Marian Univ., Indianapolis
Drive: 12 min 5.1 mi
Penn Street Tower Apartments is within 5 minutes or 1.6 miles from IU - Indianapolis. It is also near IU - School of Medicine and Ivy Tech Community College.
Schools
  • Public Schools
  • Private Schools
Center for Inquiry School 27
Public Elementary & Middle School
Grades PK-8
525 Students
Nearby
Center for Inquiry School 2
Public Elementary & Middle School
Grades K-8
444 Students
Attendance Zone
Francis W Parker School 56
Public Elementary & Middle School
Grades PK-8
274 Students
Attendance Zone
Indiana Achievement Academy
Charter High School
Grades 9-12
84 Students
Nearby
Crispus Attucks Medical Magnet High School (9-12)
Public High School
Grades 9-12
1,188 Students
Attendance Zone
Arsenal Technical High School
Public High School
Grades 9-12
2,366 Students
Attendance Zone
Holy Cross Central School
Private Elementary & Middle School
Grades K-8
187 Students
Nearby
K12 International Academy
Private Elementary, Middle & High School
Grades K-12
Nearby
School data provided by The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology


Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation

Penn Street Tower Apartments is near Indianapolis International, located 14.0 miles or 26 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Indianapolis
Walk: 13 min 0.7 mi
Airports Distance
Airports Distance
Indianapolis International
Drive: 26 min 14.0 mi
Walker's Paradise
99
Walk Score®
Out of 100
Lace up your walking shoes because this area is considered a walker’s paradise.
Good Transit
66
Transit Score®
Out of 100
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
98
Bike Score®
Out of 100
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
-
-
Soundscore™
Out of 100

Traffic:

-

Airport:

-

Businesses:

-

Score provided by

Scores provided by  and

Score provided by

Points of Interest

Time and distance from Penn Street Tower Apartments.

Shopping Centers Distance
Shopping Centers Distance
Circle Centre
Walk: 9 min 0.5 mi
CityWay
Walk: 9 min 0.5 mi
Lockefield Commons
Drive: 3 min 1.4 mi
Penn Street Tower Apartments has 3 shopping centers within 1.4 miles, which is about a 3-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
University Park
Walk: 5 min 0.3 mi
Indiana State Museum
Walk: 16 min 0.9 mi
White River Gardens
Drive: 6 min 2.0 mi
Indianapolis Zoo
Drive: 6 min 2.1 mi
White River State Park
Drive: 6 min 2.1 mi
Penn Street Tower Apartments has 5 parks within 2.1 miles, including University Park, Indiana State Museum, and White River State Park.
Hospitals Distance
Hospitals Distance
Eskenazi Health
Drive: 4 min 1.5 mi
Riley Hospital for Children
Drive: 5 min 1.9 mi
Indiana University Health
Drive: 5 min 2.1 mi
Penn Street Tower Apartments has 3 hospitals within 2.1 miles, the nearest is Eskenazi Health which is 1.5 miles away and a 4 minute drive.
 
 

Property Ratings at Penn Street Tower Apartments

How Is This Rating Determined? How Is This Rating Determined? Every community on Apartments.com features a rating displayed on a 5-star scale. This rating includes average renter review scores and a building rating to determine an overall blended score for this property.

Building ratings are based on this community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
3.9
Good
Out of 5

3.9 Blended Score

6 Renter Reviews

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Penn Street Tower Apartments Photos

  • Penn Street Tower Apartments

  • 1BR, 1BA - 744SF

Models

  • 1 Bedroom

Nearby Apartments

Within 50 Miles of Penn Street Tower Apartments

  • 333 Penn Apartments

    333 N Pennsylvania St

    Indianapolis, IN 46204

    $1,298 - $2,534

    1 Br 0.2 mi

  • Garfield Park Village

    360 Sandra Ln

    Indianapolis, IN 46227

    $955 - $1,717

    2 Br 3.3 mi

  • Pine Glen

    4259 Burkhart Dr

    Indianapolis, IN 46227

    $945 - $1,100

    1-2 Br 4.4 mi

  • Broad Ripple Trails

    5220 Luzzane Dr

    Indianapolis, IN 46220

    $949 - $1,469

    1-3 Br 5.5 mi

  • Parkhaven Apartments

    7936 Timber Ridge Dr

    Indianapolis, IN 46219

    $949

    1 Br 7.0 mi

Frequently Asked Questions
Does Penn Street Tower Apartments have in-unit laundry?

Penn Street Tower Apartments has units with in‑unit washers and dryers, making laundry day simple for residents.

What utilities are included in rent at Penn Street Tower Apartments?

Penn Street Tower Apartments includes trash removal in rent. Residents are responsible for any other utilities not listed.

Is parking available at Penn Street Tower Apartments?

Contact this property for parking details.

Which floor plans are available, and what are the price ranges?

Penn Street Tower Apartments has one-bedroom available with rent ranges from $1,273/mo. to $2,401/mo.

Is Penn Street Tower Apartments pet-friendly?

Yes, Penn Street Tower Apartments welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.

How much income do I need to rent at Penn Street Tower Apartments?

A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,273 for a one-bedroom, you would need to earn about $46,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.

Does Penn Street Tower Apartments have move-in specials?

Penn Street Tower Apartments is offering Discounts for eligible applicants, with rental rates starting at $1,273.

Does Penn Street Tower Apartments offer Matterport 3D tours?

Yes! Penn Street Tower Apartments offers 3 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.

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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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What is a Sound Score Rating?

A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources

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115 N Pennsylvania St

Indianapolis, IN 46204

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