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Sheldon Barnes, Carmel Realtor

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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 1122 N Tibbs Avenue in Rainbow Ridge, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Opportunity time!!! Perfect home for a first time buyer or an investor looking to add a quality property to the inventory. This home has undergone a major rehab is now is set for a small, medium, or large number of residents. Only about 1.5 miles form IMS, 10-15 minutes from downtown, and 20 minutes to the airport. The water line from the water main to the property has been replaced along with a new water meter pit.

Listed by Duncan Rogers· United Real Estate Indpls· MLS# 21963239
Recently SoldSold in 212 days

$159,900

$174,900

3Beds
2Baths
2,021Sq Ft

Opportunity time!!! Perfect home for a first time buyer or an investor looking to add a quality property to the inventory. This home has undergone a major rehab is now is set for a small, medium, or large number of residents. Only about 1.5 miles form IMS, 10-15 minutes from downtown, and 20 minute...

Listed by Duncan Rogers· United Real Estate Indpls· MLS# MBR21963239

2,021

Sq Ft

1928

Year Built

3

Bedrooms

2

Bathrooms

Key things to know

  • Sold 8.6% below list in 212 days
  • Finished basement (583 sqft)
  • Rainbow Ridge subdivision

Sold

$159,900

-$15,000 below list (-8.6%)

Closed
Jul 26, 2024
Listed at
$174,900
Sold
1 year ago
Sold in
212 days

Price history

  1. Sold$159,900

    Jul 26, 2024

  2. Price reduced$164,000 → $159,900

    Jun 12, 2024

  3. Listedat $174,900

    Feb 8, 2024

Sold
14
Median price
$66,500
Median DOM
44 days

Comparative value

5 comps in this range

This home is 14% below median for similar nearby sales.

$165K$315KMedian $187K
$160K

FEATURES & AMENITIES

Interior

Attic StairwaySupplemental Storage

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $174,900Listed· Feb 8, 2024

  • $159,900Reduced

    $15,000 (8.6% off original)

212 days on market

Layout

Main
114 rooms884 sq ft
Upper
22 rooms554 sq ft
Basement
12 rooms583 sq ft finished

Schools

Indianapolis Public Schools

  • High

    George Washington High School

Neighborhood

  • Downtown Indianapolis3.2 mi
  • Zionsville Community HS12.5 mi
  • Carmel Central Park12.9 mi
  • Monon Trail (Carmel)13.2 mi
  • Carmel High School13.8 mi
  • Carmel Arts & Design District14.4 mi

PROPERTY DETAILS

Living Area

2,021 sq ft

Year Built

1928

Stories

Two

Subdivision

Rainbow Ridge

Bedrooms

3

Bathrooms

2 full

School District

Indianapolis Public Schools

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