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Language: English

Closed 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

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?

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.

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Today
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Destination is required

Under 30 minutes

Commute Time is calculated at rush hour.
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317-483-7164
  • Monthly Rent

    $1,261 - $2,323

  • Bedrooms

    1 - 2 bd

  • Bathrooms

    1 ba

  • Square Feet

    788 - 1,023 sq ft

Penn Street Tower Apartments
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Move in special

Move into a One Bedroom Apartment by 4/30/26 and receive $1,200 off the first full month's rent

Highlights

  • Walker's Paradise
  • Dry Cleaning Service
  • Office
  • Controlled Access
  • Island Kitchen
  • Elevator
  • Property Manager on Site
  • Views
  • Hardwood Floors

Pricing & Floor Plans

filter results by bedrooms
Cost Calculator: Estimate your monthly and one-time fees.
Wabash: Floors 02-07
$1,261 – $1,960 1 Bed 1 Bath 788 Sq Ft $200 Deposit
Matterport 3D Tour
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 303
    price $1,261
    square feet 788
    availibility Now
  • Unit 702
    price $1,261
    square feet 788
    availibility Now
  • Unit 204
    price $1,279
    square feet 788
    availibility Now
Wabash: Floors 13-15
$1,311 – $2,119 1 Bed 1 Bath 788 Sq Ft $200 Deposit
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 1504
    price $1,311
    square feet 788
    availibility Now
  • Unit 1403
    price $1,361
    square feet 788
    availibility Now
  • Unit 1404
    price $1,399
    square feet 788
    availibility May 10
Wabash: Floors 10-12
$1,369 – $2,082 1 Bed 1 Bath 788 Sq Ft $200 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 1003
    price $1,369
    square feet 788
    availibility Now
  • Unit 1105
    price $1,369
    square feet 788
    availibility Now
Senate: Floors 08-09
$1,399 – $2,152 2 Beds 1 Bath 1,019 Sq Ft $200 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 901
    price $1,399
    square feet 1,019
    availibility Now
  • Unit 801
    price $1,429
    square feet 1,019
    availibility May 10
Maryland: Floors 10-12
$1,529 – $2,323 2 Beds 1 Bath 1,023 Sq Ft $200 Deposit
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 1106
    price $1,529
    square feet 1,023
    availibility Now
Wabash: Floors 02-07
$1,261 – $1,960 1 Bed 1 Bath 788 Sq Ft $200 Deposit
Matterport 3D Tour
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 303
    price $1,261
    square feet 788
    availibility Now
  • Unit 702
    price $1,261
    square feet 788
    availibility Now
  • Unit 204
    price $1,279
    square feet 788
    availibility Now
Wabash: Floors 13-15
$1,311 – $2,119 1 Bed 1 Bath 788 Sq Ft $200 Deposit
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 1504
    price $1,311
    square feet 788
    availibility Now
  • Unit 1403
    price $1,361
    square feet 788
    availibility Now
  • Unit 1404
    price $1,399
    square feet 788
    availibility May 10
Wabash: Floors 10-12
$1,369 – $2,082 1 Bed 1 Bath 788 Sq Ft $200 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 1003
    price $1,369
    square feet 788
    availibility Now
  • Unit 1105
    price $1,369
    square feet 788
    availibility Now
Senate: Floors 08-09
$1,399 – $2,152 2 Beds 1 Bath 1,019 Sq Ft $200 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 901
    price $1,399
    square feet 1,019
    availibility Now
  • Unit 801
    price $1,429
    square feet 1,019
    availibility May 10
Maryland: Floors 10-12
$1,529 – $2,323 2 Beds 1 Bath 1,023 Sq Ft $200 Deposit
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 1106
    price $1,529
    square feet 1,023
    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 listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        Charged per applicant.
        $50
    • Due at Move-In
      • Administrative Fee
        Charged per unit.
        $0
  • 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

Step into a world of limitless possibilities in this exquisite urban retreat at Penn Street Tower. This meticulously crafted 2-bedroom, 1-bathroom apartment spans 640 square feet of pure sophistication, offering a lifestyle that surpasses expectations. As you enter, you're greeted by an abundance of natural light that dances across the sleek, light-toned hardwood floors, creating an atmosphere of warmth and expansiveness. The heart of this home is a stunning open-concept living area, where floor-to-ceiling windows frame breathtaking city views, providing an ever-changing backdrop to your daily life. The adjoining kitchen is a culinary enthusiast's dream, boasting gleaming countertops and modern appliances that blend seamlessly with the overall aesthetic. Retreat to the generously sized primary bedroom, a serene 120 square foot sanctuary that promises restful nights and rejuvenating mornings. The second bedroom offers versatility as a guest room, home office, or personal fitness space. The bathroom is a testament to contemporary design, featuring sleek fixtures and ample storage. Every detail in this apartment has been carefully considered, from the plush carpeting in the bedrooms to the stylish lighting fixtures throughout. This is more than just a living space; it's an opportunity to elevate your lifestyle in the vibrant heart of Indianapolis. Welcome home to unparalleled urban living at Penn Street Tower.

1BR, 1BA - 744SF
1/3
Step into a world of limitless possibilities in this exquisite urban retreat at Penn Street Tower. This meticulously crafted 2-bedroom, 1-bathroom apartment spans 640 square feet of pure sophistication, offering a lifestyle that surpasses expectations. As you enter, you're greeted by an abundance of natural light that dances across the sleek, light-toned hardwood floors, creating an atmosphere of warmth and expansiveness.

The heart of this home is a stunning open-concept living area, where floor-to-ceiling windows frame breathtaking city views, providing an ever-changing backdrop to your daily life. The adjoining kitchen is a culinary enthusiast's dream, boasting gleaming countertops and modern appliances that blend seamlessly with the overall aesthetic.

Retreat to the generously sized primary bedroom, a serene 120 square foot sanctuary that promises restful nights and rejuvenating mornings. The second bedroom offers versatility as a guest room, home office, or personal fitness space. The bathroom is a testament to contemporary design, featuring sleek fixtures and ample storage.

Every detail in this apartment has been carefully considered, from the plush carpeting in the bedrooms to the stylish lighting fixtures throughout. This is more than just a living space; it's an opportunity to elevate your lifestyle in the vibrant heart of Indianapolis. Welcome home to unparalleled urban living at Penn Street Tower. Step into a world of contemporary elegance and urban sophistication at Penn Street Tower. This exquisite 3-bedroom, 1-bathroom apartment is a testament to modern living, offering 800 square feet of meticulously crafted space that caters to your aspirations for a refined lifestyle.

As you enter, you're greeted by an open-concept living area that seamlessly blends form and function. The living room beckons with its sleek wood-look flooring, creating a warm and inviting atmosphere that's perfect for entertaining or relaxing after a long day. Large windows flood the space with natural light, offering tantalizing glimpses of the vibrant cityscape beyond.

The kitchen is a culinary enthusiast's dream, boasting gleaming granite countertops and a stylish breakfast bar that's ideal for casual dining or hosting intimate gatherings. State-of-the-art appliances, including an in-unit washer and dryer, add convenience to your daily routine.

The primary bedroom is a serene retreat, offering a generous 130 square feet of space to create your personal sanctuary. Plush carpeting underfoot adds a touch of luxury, while ample closet space ensures organization is effortless.

The bathroom is a masterpiece of modern design, featuring a spacious vanity with abundant storage, a large mirror, and contemporary lighting that creates a spa-like ambiance. High-quality fixtures and finishes throughout the apartment speak to the attention to detail that makes this space truly special.

Located in the heart of Indianapolis, Penn Street Tower puts you at the center of it all. Embrace the vibrant city lifestyle, with world-class dining, shopping, and entertainment just steps from your door. This is more than just a home; it's an opportunity to elevate your lifestyle and make your urban dreams a reality.

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

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

Contact

View Property Website
Language: English
Closed 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
115 N Pennsylvania St, Indianapolis,
IN 46204
Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
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 $1,245 $980
1 Bedroom $1,512 $1,123
2 Bedrooms $2,017 $1,330
3 Bedrooms $2,889 $1,540
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
  • 24 Hour Maintenace
  • Air Conditioning: Central
  • Amazon lockers
  • City View
  • Community Room and Lounge
  • Downtown Indianapolis views in most homes
  • Dryer
  • Electric
  • Fitness Room Accessible 24 Hours a Day
  • Free Starbucks Machine
  • Granite countertops
  • Indoor Bicycle Storage
  • Kitchen has Stunning White Cabinetry
  • Large loft-style windows
  • Modern Appliances
  • Modern tile backsplash
  • Online Maintenance Portal
  • Online Rent Payment
  • On-site Management
  • Party Room
  • Resident Lounge
  • Secure Storage Lockers
  • Stainless steel appliances
  • Views of the Monument Circle
  • Vinyl
  • Washer
  • Washer & dryer included in most homes
  • White Cabinetry
  • 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
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
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
Indiana Achievement Academy
Charter High School
Grades 9-12
84 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
Getting Around
Exceptionally Walkable
Walkability
90 / 100
Good Public Transit
Transit
70 / 100
Very Drivable
Drivability
80 / 100
Moderately Bikeable
Bikeability
70 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
Active
Soundscore™
70 / 100

Traffic

Busy

Airport

Calm

Businesses

Active

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from Penn Street Tower Apartments.

Shopping Centers Distance
Shopping Centers Distance
Circle Centre
Walk: 6 min 0.4 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

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  • Wabash Village Apartments

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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 to two-bedrooms with rent ranges from $1,261/mo. to $2,323/mo.

Is Penn Street Tower Apartments pet-friendly?

Penn Street Tower Apartments does not allow pets, though service animals are always welcome in accordance with applicable laws.

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 $1,261 for a one-bedroom, you would need to earn about $50,440 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.

Does Penn Street Tower Apartments have move-in specials?

Penn Street Tower Apartments is offering Discounts for eligible applicants, with rental rates starting at $1,261.

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.

Learn How It Works

What is a Sound Score Rating?

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

Learn How It Works

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115 N Pennsylvania St

Indianapolis, IN 46204

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(317) 483-7164
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