Sheldon Barnes
For Sale — 1241 W 31st Street, Indianapolis, IN 462081241 W 31st Street
Indianapolis, Indiana 46208
Armstrongs 1st Add
6
Beds
2
Baths
814
Sq Ft
1930
Year Built
0.12
Acres
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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 1241 W 31st Street in Armstrongs 1st Add, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Fully Renovated 6-Bedroom Home - Investment or Owner-Occupant Opportunity! Welcome to this beautifully renovated home located at 1241 W 31st St in the heart of Indianapolis. This spacious 6-bedroom, 2-bathroom single-level property offers a rare combination of size, functionality, and modern updates. Recently updated throughout, the home features fresh flooring, updated kitchens and bathrooms, making it completely move-in ready. With all bedrooms conveniently located on one floor, the layout is ideal for large households, shared living, or maximizing rental potential. This property is a fantastic investment opportunity with strong rental appeal due to the high bedroom count, but it's equally well-suited for an end user looking for space and flexibility. Whether you're an investor seeking cash flow or a homeowner wanting room to grow, this property delivers. Conveniently located near downtown, major roadways, and local amenities, this home sits in an area seeing continued growth and development-adding to its long-term upside. Don't miss your chance to own a turnkey, high-capacity home in a growing Indianapolis market. Bedroom and Living room are virtually staged.
Key things to know
- Six bedrooms on single floor
- Recently updated kitchen and bathrooms
- Fresh flooring throughout
- Zoned heating and central air
- Move-in ready
Browse by room
7 rooms · 10 photos
Monthly payment
Estimate · $230,000
$1,381/mo
≈ $1,224 principal & interest · $157 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $46,000 on a loan of $184,000.
Price history
- Listedat $250,000
Mar 16, 2026
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
$250,000Listed· Mar 16, 2026
56 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis3.3 mi
- Carmel Central Park10.8 mi
- Monon Trail (Carmel)10.8 mi
- Zionsville Community HS11.0 mi
- Carmel High School11.4 mi
- IU Health North Hospital12.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
814 sq ft
Year Built
1930
Stories
One
Subdivision
Armstrongs 1st Add
Bedrooms
6
Bathrooms
2 full
School District
Indianapolis Public Schools