Sheldon Barnes
For Sale — 1260 Hiatt Street, Indianapolis, IN 462211260 Hiatt Street
Indianapolis, Indiana 46221
Kappes & Naltners Belmont
4
Beds
2
Baths
1,301
Sq Ft
1920
Year Built
0.12
Acres
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ABOUT THIS HOME
RENTED FOR $1,800/month | This home is a smart buy whether you're purchasing your first place or adding a clean, low-maintenance property to your portfolio. It has been recently updated with new flooring, paint, and modern fixtures, giving it a finished, move-in-ready feel. The bathroom features clean tilework that is durable, easy to maintain, and unlikely to need updating anytime soon. The kitchen offers butcher block countertops, bright cabinetry, and a functional layout, with stainless steel appliances to be installed at closing. The layout makes excellent use of the space and supports strong long-term demand. For a homeowner, the major updates are already done, so you can focus on settling in and building equity. For an investor, this is a true plug-and-play opportunity with solid rent potential, easy access to downtown Indianapolis, and a seller willing to assist with tenant placement prior to closing.
Key things to know
- Recently updated flooring and paint
- New stainless steel appliances at closing
- Butcher block countertops and bright cabinetry
- Durable tile bathroom
- Currently rented at $1,800/month
Monthly payment
Estimate · $177,500
$1,135/mo
≈ $945 principal & interest · $190 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $35,500 on a loan of $142,000.
Price history
- Price reduced$179,900 → $177,500
May 12, 2026
- Listedat $189,900
Jan 16, 2026
Kappes & Naltners Belmont · activity
past 6 months
- Sold
- 2
- Median price
- $103,000
- Median DOM
- 92 days
Recent comparable sales
$246,000
5209 Longmeadow Court
3bd · 3ba · 1,540 sqft
Sold May 2026
$240,000
4520 Superior Road
3bd · 2ba · 1,404 sqft
Sold May 2026
$143,000
3401 6th Avenue E
3bd · 1ba · 1,073 sqft
Sold May 2026
$205,000
5412 Margate Road
3bd · 1ba · 1,200 sqft
Sold May 2026
$235,000
6839 Chauncey Drive
3bd · 2ba · 1,368 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 24% 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$189,900Listed· Jan 16, 2026
$177,500Reduced
↓ $12,400 (6.5% off original)
91 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis2.4 mi
- Zionsville Community HS15.0 mi
- Monon Trail (Carmel)15.0 mi
- Carmel Central Park15.1 mi
- Carmel High School15.7 mi
- IU Health North Hospital16.1 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,301 sq ft
Year Built
1920
Stories
One
Subdivision
Kappes & Naltners Belmont
Bedrooms
4
Bathrooms
2 full
Garage
1 spaces
School District
Indianapolis Public Schools