Sheldon Barnes
For Sale — 1240 W Sumner Avenue, Indianapolis, IN 462171240 W Sumner Avenue
Indianapolis, Indiana 46217
Richland Reliable
4
Beds
1
Baths
1,530
Sq Ft
1948
Year Built
0.3
Acres
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ABOUT THIS HOME
Welcome Home! Updated/Move in Ready 4 Bedroom Home on Nice Sized Double Lot; Open Concept Main Level Living with Large Living Room and Dining Room; Updated Kitchen with Gas Range, Plenty of Cabinets & Counter Space; Primary Bedroom, Updated Full Bathroom, and Secondary Bedroom/Office on Main Level; Upstairs with Two Large Bedrooms and Storage; Spacious Double Lot with Covered Porch and Patio Area; Great Location - Easy Access to Downtown Indy and Highway; Must See - Don't let this Opportunity Pass You By! Recent Updates: 3-4 year old roof, new furnace & AC (2023), new garage roof/door (2025), upstairs split HVAC system for perfect comfort. No HOA, strong structural condition, and public utilities. Move-in ready with major updates already Completed!
Key things to know
- Double lot with covered porch and patio
- Primary suite on main floor
- Updated kitchen with gas range
- New roof, furnace, and AC (2023-2025)
- No HOA
Monthly payment
Estimate · $199,900
$1,279/mo
≈ $1,064 principal & interest · $216 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $39,980 on a loan of $159,920.
Price history
- Price reduced$219,900 → $199,900
Mar 25, 2026
- Listedat $224,900
Nov 11, 2025
Recent comparable sales
$239,900
2931 Byrkit Street
3bd · 1ba · 1,384 sqft
Sold May 2026
$190,000
8817 Depot Drive
3bd · 2ba · 1,506 sqft
Sold May 2026
$270,000
606 Debra Lane
3bd · 1ba · 1,601 sqft
Sold May 2026
$295,000
8518 Lockwood Place
3bd · 2ba · 1,858 sqft
Sold May 2026
$255,000
7015 Blankenship Avenue
3bd · 3ba · 1,782 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 22% 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$224,900Listed· Nov 11, 2025
$199,900Reduced
↓ $25,000 (11.1% off original)
154 days on market
Layout
Schools
Perry Township Schools
Neighborhood
- Downtown Indianapolis3.9 mi
- Monon Trail (Carmel)17.2 mi
- Carmel Central Park17.4 mi
- Zionsville Community HS17.4 mi
- Carmel High School17.8 mi
- IU Health North Hospital18.1 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,530 sq ft
Year Built
1948
Stories
One and One Half
Subdivision
Richland Reliable
Bedrooms
4
Bathrooms
1 full
Garage
1 spaces
School District
Perry Township Schools