Located in Penn Street Tower in the heart of downtown Indianapolis, this two-bedroom, one-bathroom unit offers a compact yet efficiently designed single-floor layout. The living room is a bright, open space highlighted by large windows that frame impressive views of the Indianapolis skyline, allowing natural light to pour across the light-toned hardwood-style flooring. An open pass-through connects the living area to the kitchen, which features light cabinetry, a tile backsplash, stone-look countertops, and a pendant light fixture, creating a functional and cohesive space. Both bedrooms are carpeted and finished in neutral tones; the primary bedroom benefits from a large window with additional city views, while the second bedroom offers a quiet, understated layout. The full bathroom is finished with tile flooring, a white vanity with a stone-look countertop, a wall-mounted mirror, and classic light fixtures, maintaining the clean aesthetic found throughout the unit. A hallway connects the key areas of the floor plan, contributing to a logical and easy-to-navigate flow. The consistently light color palette and neutral finishes throughout create a bright, clean ambiance well-suited to urban living in downtown Indianapolis.
Penn Street Tower Apartments
115 N Pennsylvania St,
Indianapolis,
IN
46204
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Monthly Rent
$1,249 - $2,158
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Bedrooms
1 bd
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Bathrooms
1 ba
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Square Feet
697 - 788 sq ft
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.
Highlights
- Walker's Paradise
- Dry Cleaning Service
- Office
- Controlled Access
- Island Kitchen
- Elevator
- Property Manager on Site
- Views
- Hardwood Floors
Pricing & Floor Plans
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Unit 303price $1,249square feet 788availibility Now
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Unit 804price $1,249square feet 788availibility Now
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Unit 904price $1,249square feet 788availibility Now
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Unit 803price $1,249square feet 788availibility Jun 25
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Unit 1207price $1,349square feet 697availibility Now
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Unit 303price $1,249square feet 788availibility Now
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Unit 804price $1,249square feet 788availibility Now
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Unit 904price $1,249square feet 788availibility Now
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Unit 803price $1,249square feet 788availibility Jun 25
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Unit 1207price $1,349square feet 697availibility Now
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.
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One-Time Basics
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Due at Application
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Application Fee Per ApplicantCharged per applicant.$50
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Due at Move-In
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Administrative FeeCharged per unit.$0
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Due at Application
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Storage Unit
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Storage DepositCharged per rentable item.$0
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Storage RentCharged per rentable item.$15 / mo
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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
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Trash Removal
Lease Options
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3 - 16 Month Leases
Property Information
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Built in 2016
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98 units/15 stories
Matterport 3D Tours
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
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
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 CityCompare neighborhood and city base rent averages by bedroom.
| Circle City | Indianapolis, IN | |
|---|---|---|
| Studio | $1,264 | $987 |
| 1 Bedroom | $1,511 | $1,125 |
| 2 Bedrooms | $2,009 | $1,329 |
| 3 Bedrooms | $2,859 | $1,535 |
- 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
| Monday | By Appointment |
|---|---|
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | Closed |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 5 min | 1.6 mi | |
| Drive: | 5 min | 1.7 mi | |
| Drive: | 6 min | 2.7 mi | |
| Drive: | 12 min | 5.1 mi |
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.
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
Traffic
BusyAirport
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ActiveScores 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 WorksPenn Street Tower Apartments Photos
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Penn Street Tower Apartments
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1BR, 1BA - 744SF
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Models
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1 Bedroom
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Penn Street Tower Apartments has units with in‑unit washers and dryers, making laundry day simple for residents.
Penn Street Tower Apartments includes trash removal in rent. Residents are responsible for any other utilities not listed.
Contact this property for parking details.
Penn Street Tower Apartments has one-bedroom available with rent ranges from $1,249/mo. to $2,158/mo.
Penn Street Tower Apartments does not allow pets, though service animals are always welcome in accordance with applicable laws.
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 $1,249 for a one-bedroom, you would need to earn about $49,960 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Penn Street Tower Apartments is not currently offering any rent specials. Check back soon, as promotions change frequently.
Yes! Penn Street Tower Apartments offers 3 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
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.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
115 N Pennsylvania St
Indianapolis, IN 46204
Property Manager Responded