
Sheldon Barnes
For Sale — 1132 Madrid Road, Greenwood, IN 461431132 Madrid Road
Greenwood, Indiana 46143
Valle Vista
4
Beds
2
Baths
2,324
Sq Ft
1985
Year Built
0.43
Acres
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Sheldon Barnes can help you tour 1132 Madrid Road
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Greenwood, Indiana and the rest of Hamilton County. Book a private tour of 1132 Madrid Road in Valle Vista, ask any question about this home, or talk through what you should know about buying in Greenwood.
ABOUT THIS HOME
Tucked into one of Greenwood's most ESTABLISHED and sought-after neighborhoods. The main level features a spacious family room centered around a gas fireplace, with VAULTED ceilings and skylights that FILL the space with natural light and create an open, airy feel. You will also find two generously sized bedrooms, PLUS an additional room that could easily serve as a den, office, workout room, or playroom. The kitchen and dining area are OPEN to the family room. Upstairs, the private primary suite OFFERS a walk-in closet, an electric fireplace, and a full bathroom complete with a garden tub. The fourth bedroom doesn't have a closet, but it offers plenty of space for a large dresser or an IKEA-style wardrobe setup. Step outside to a large fenced backyard with a spacious deck - GREAT for summer fun, kids and pets. NEED extra space? The mini barn with electricity is PERFECT for hobbies, storage, or a workshop. There is even an RV POWER HOOK UP on the side of the home - hard to find and incredibly convenient. You will also appreciate the additional storage shed and EXTRA storage space under the stairs. Updates include a tankless water heater, water softener, and an HVAC system installed in October 2025, complete with a UV filter and a 10-year warranty. NO homeowners association and an unbeatable location close to I-65, hospitals, shopping, and restaurants make this one a standout. Bring your furniture ideas and your best offer - this one is READY for both.
Key things to know
- Vaulted ceilings and skylights on main level
- Flexible fourth room (den/office/workout potential)
- Primary suite with walk-in closet and electric fireplace
- Large fenced backyard with deck and mini barn with electricity
- RV power hookup, tankless water heater, new HVAC system (oct 2025)
Monthly payment
Estimate · $345,000
$2,090/mo
≈ $1,836 principal & interest · $254 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $69,000 on a loan of $276,000.
Price history
- Price reduced$350,000 → $345,000
Apr 28, 2026
- Listedat $360,000
Mar 31, 2026
Valle Vista · activity
past 6 months
- Sold
- 13
- Median price
- $300,900
- Median DOM
- 24 days
Recent comparable sales

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Comparative value
5 comps in this range
This home is 5.5% 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
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$360,000Listed· Mar 31, 2026
$345,000Reduced
↓ $15,000 (4.2% off original)
31 days on market
Layout
Primary suite
Bedroom Split,Closet Walk in
Primary bath
Tub Full with Shower,Tub Garden
Schools
Clark-Pleasant Community Sch Corp
Neighborhood
- Downtown Indianapolis12.0 mi
- Monon Trail (Carmel)24.5 mi
- IU Health North Hospital24.7 mi
- Carmel High School25.2 mi
- Fishers High School25.2 mi
- Carmel Central Park25.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,324 sq ft
Year Built
1985
Stories
Two
Subdivision
Valle Vista
Bedrooms
4
Bathrooms
2 full
Garage
2 spaces
School District
Clark-Pleasant Community Sch Corp
