Sheldon Barnes
For Sale — 10540 McPherson Street, Carmel, IN 462803
Beds
3
Baths
1,840
Sq Ft
1923
Year Built
0.23
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Carmel, Indiana and the rest of Hamilton County. Book a private tour of 10540 McPherson St in Home Place, ask any question about this home, or talk through what you should know about buying in Carmel.
ABOUT THIS HOME
Tucked in a prime location in Carmel & served by the Carmel Clay Schools, this fully updated 3BR, 3BA offers the perfect blend of timeless character, modern luxury, & a 6ft. privacy-fenced yard, perfect for pets, entertaining, or simply enjoying your own private outdoor retreat. Completely reimagined down to the studs w/new floor joists, sub floors, & structural reinforcement guided by a professional engineer. Every inch was designed to maximize livable space- most notably through high-end, custom-built closet systems & integrated storage throughout, creating a level of organization & efficiency rarely found in homes of this era or price point. Redesigned kitchen featuring custom cab w/built-ins, granite countertops, a farm sink, pot filler, & a layout that enhances both flow & usability. Rich architectural details like wainscoting, crown molding, a statement rock wall w/floating shelves, & a glass staircase elevate the interior. The primary suite is a true standout, offering a spa-like escape w/soaking tub, heated towel rack, & a luxury walk-in closet outfitted w/custom built-in drawers & storage solutions that feel straight out of a high-end boutique-upstairs laundry for ultimate convenience. Each additional BR continues the theme w/tailored, built-in storage designed for both beauty and function, while the fully waterproofed basement-w/a transferable lifetime guarantee-adds valuable, flexible living space. Outside, the upgrades continue w/ a 40-year hurricane-rated roof, gutter toppers, French drains, & professional grading for optimal drainage. The expansive deck & concrete patio create seamless indoor-outdoor living, while the detached garage, featuring its own 100amp service, finished work room, & upstairs storage space. The cathedral-style front porch to the 200amp electrical upgrade, updated HVAC, & a brand new gas water heater, this home delivers an exceptional level of quality, craftsmanship, & custom design detail rarely found at this price point.
Key things to know
- Fireplace
- Finished basement (400 sqft)
- Home Place subdivision
Monthly payment
Estimate · $499,900
$2,872/mo
≈ $2,661 principal & interest · $211 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $99,980 on a loan of $399,920.
Price history
- Listedat $2
May 4, 2026
Recent comparable sales
$375,000
740 E 107th Street
3bd · 2ba · 1,584 sqft
Sold May 2026
$370,000
9620 Kittrell Drive
3bd · 2ba · 1,350 sqft
Sold May 2026
$310,000
1168 Shadow Ridge Road
2bd · 2ba · 1,650 sqft
Sold May 2026
$289,900
9704 Rialto Trail
2bd · 2ba · 1,658 sqft
Sold May 2026
$385,000
10640 Penn Drive
3bd · 3ba · 1,576 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 35% above median for similar nearby sales.
Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.
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
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$2Listed· May 4, 2026
6 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Sinks Double
Schools
Carmel Clay Schools
Neighborhood
- Monon Trail (Carmel)1.8 mi
- Carmel Central Park2.0 mi
- Carmel High School2.3 mi
- Carmel Arts & Design District2.8 mi
- Clay Terrace3.5 mi
- IU Health North Hospital4.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,620 sq ft
Year Built
1923
Stories
Two
Subdivision
Homeplace
Bedrooms
3
Bathrooms
3 full
Garage
2 spaces
School District
Carmel Clay Schools
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$240,100
Land Value
$47,800
20% of total
Improvement Value
$192,300
80% of total
- Annual tax · 2025
- $2,536
- Exemption
- Homestead