
Sheldon Barnes
For Sale — 1138 Olive Street, Indianapolis, IN 462031138 Olive Street
Indianapolis, Indiana 46203
Fountain Square
$499,000
Schedule a Showing4
Beds
3
Baths
2,474
Sq Ft
1910
Year Built
0.13
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 1138 Olive Street
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 1138 Olive Street in Fountain Square, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
REIMAGINED FOUNTAIN SQUARE BEAUTY. Originally built in 1910 and thoughtfully reimagined in 2017 By HGTV's Good Bones, this two-story home blends historic charm with modern design and convenience. A welcoming front porch, charming picket fence, and private side patio sets the tone for the warmth of this home. Inside, you'll find laminated hardwood floors, tall windows, classic trim work, and stylish finishes. The open-concept main level is designed for entertaining and family, featuring a spacious living room, large dining area, and a chef's kitchen with bar seating-perfectly balancing function and beauty. The main-level primary suite offers a walk-in closet and private ensuite bath for everyday comfort and convenience. The upper level contains a loft, three (3) generously sized bedrooms and a large hall bath, offering plenty of room for family and guests. With 4 bedrooms, 2.5 bathrooms, and a detached 2-car garage, this home delivers the ideal combination of historic character, modern updates, and urban living in one of Indianapolis' most vibrant neighborhoods.
Key things to know
- Featured on hgtv's good bones
- 2017 complete renovation
- Main-level primary suite with ensuite bath
- Open-concept kitchen and dining with bar seating
- Original hardwood floors and high ceilings
Browse by room
14 rooms · 38 photos
Monthly payment
Estimate · $499,000
$3,141/mo
≈ $2,656 principal & interest · $485 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $99,800 on a loan of $399,200.
Price history
- Listedat $499,000
Sep 15, 2025
Fountain Square · activity
past 6 months
- Sold
- 7
- Median price
- $330,000
- Median DOM
- 14 days
Recent comparable sales

$380,000
605 Parkway Avenue
3bd · 2ba · 2,003 sqft
Sold May 2026

$482,000
962 Elm Street
3bd · 4ba · 2,047 sqft
Sold May 2026

$235,000
747 E McCarty Street
3bd · 2ba · 1,822 sqft
Sold May 2026

$335,000
1414 Leonard Street
4bd · 3ba · 2,113 sqft
Sold May 2026

$440,000
1244 Ringgold Avenue
3bd · 3ba · 1,953 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 31% above 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$499,000Listed· Sep 15, 2025
8 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Shower Stall Full,Sinks Double,Suite
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis1.6 mi
- Monon Trail (Carmel)14.4 mi
- Carmel Central Park14.9 mi
- IU Health North Hospital15.0 mi
- Carmel High School15.0 mi
- Carmel Arts & Design District15.7 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,474 sq ft
Year Built
1910
Stories
Two
Subdivision
Fountain Square
Bedrooms
4
Bathrooms
2 full, 1 half
Garage
2 spaces
School District
Indianapolis Public Schools
