Sheldon Barnes
For Sale — 1147 S Chester Avenue, Indianapolis, IN 462031147 S Chester Avenue
Indianapolis, Indiana 46203
No Subdivision
3
Beds
1
Baths
1,032
Sq Ft
1963
Year Built
0.2
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 1147 S Chester Avenue
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 1147 S Chester Avenue, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Perfectly positioned between the trendy energy of Fountain Square and the historic charm of Irvington! This 3-bedroom home is a rare find for those looking to build instant value. The heavy lifting is already done with a newer HVAC (1.5 yrs), all-new plumbing (2025), and updated front faux-stone siding. Inside, the kitchen shines with granite countertops, while the original hardwood floors are just waiting for a simple refinish to truly sparkle and maximize your ROI! The exterior is a true urban oasis, featuring a massive, level, and fully chain-link fenced backyard. Don't miss the versatile 1-car garage, the cool flex space you've been looking for to create a home gym, game room, or creative studio. Located on a quiet, wide street in a historic district, you are just minutes from downtown hospitals, major employers like Eli Lilly, local splash pads, and top-rated dining. Whether you are looking for your own home, a high-yield rental (tenants can stay or go!), or a quick-equity flip, this move-in-ready property is a strategic win in a high-demand area.
Key things to know
- Newer hvac (1.5 years old)
- All-new plumbing (2025)
- Original hardwood floors
- Granite countertops in kitchen
- Fully fenced level backyard
Browse by room
7 rooms · 11 photos
Monthly payment
Estimate · $150,000
$980/mo
≈ $798 principal & interest · $182 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $30,000 on a loan of $120,000.
Price history
- Price reduced$158,900 → $150,000
Apr 16, 2026
- Listedat $158,900
Mar 12, 2026
Recent comparable sales
$210,000
806 Cameron Street
2bd · 1ba · 827 sqft
Sold May 2026
$208,000
1426 E Bradbury Avenue
3bd · 2ba · 1,320 sqft
Sold May 2026
$125,000
2134 Spann Avenue
3bd · 1ba · 1,085 sqft
Sold May 2026
$75,000
2876 Tindall Street
2bd · 1ba · 912 sqft
Sold May 2026
$55,000
1418 Finley Avenue
2bd · 1ba · 844 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 20% 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
$158,900Listed· Mar 12, 2026
$150,000Reduced
↓ $8,900 (5.6% off original)
36 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis3.4 mi
- Monon Trail (Carmel)14.4 mi
- IU Health North Hospital14.6 mi
- Carmel High School15.0 mi
- Carmel Central Park15.2 mi
- Fishers High School15.6 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,032 sq ft
Year Built
1963
Stories
One
Subdivision
No Subdivision
Bedrooms
3
Bathrooms
1 full
Garage
1 spaces
School District
Indianapolis Public Schools