Sheldon Barnes
For Sale — 1051 N Holmes Avenue, Indianapolis, IN 462221051 N Holmes Avenue
Indianapolis, Indiana 46222
Ferndale
4
Beds
1
Baths
2,218
Sq Ft
1908
Year Built
0.13
Acres
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ABOUT THIS HOME
Excellent investment opportunity on Indy's Westside! Last rent was $985/month. Property needs some work but near parks and minutes from Speedway or Downtown! Additional 7 properties available from same seller/agent, also vacant, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior to closing. Buyer to be responsible for all costs on the settlement statement except for Seller paid commissions and management fees. Please see the attached documents. The Seller Addendum must be executed and delivered with all Purchase Offers along with all disclosures and proof of funds. Property is sold as-is. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Utilities are inactive and the home is winterized.
Key things to know
- Four bedrooms, one bath
- 2,218 sq ft
- Forced air heating and central air
- Recent rental history at $985/month
- Near parks and major employment areas
Monthly payment
Estimate · $119,900
$835/mo
≈ $638 principal & interest · $197 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $23,980 on a loan of $95,920.
Price history
- Price reduced$124,900 → $119,900
Mar 17, 2026
- Listedat $129,900
Nov 24, 2025
Recent comparable sales
$315,000
2014 W Michigan Street
3bd · 3ba · 2,070 sqft
Sold May 2026
$250,000
4513 Patricia Street
3bd · 2ba · 1,720 sqft
Sold May 2026
$187,000
417 N Goodlet Avenue
3bd · 3ba · 1,560 sqft
Sold Apr 2026
$159,900
1122 N Tibbs Avenue
3bd · 2ba · 2,021 sqft
Sold Jul 2024
$77,500
721 N Belleview Place
3bd · 1ba · 2,109 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 36% below median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$129,900Listed· Nov 24, 2025
$119,900Reduced
↓ $10,000 (7.7% off original)
120 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis2.7 mi
- Zionsville Community HS12.7 mi
- Carmel Central Park12.9 mi
- Monon Trail (Carmel)13.0 mi
- Carmel High School13.7 mi
- Carmel Arts & Design District14.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,218 sq ft
Year Built
1908
Stories
Two
Subdivision
Ferndale
Bedrooms
4
Bathrooms
1 full
School District
Indianapolis Public Schools