Sheldon Barnes
For Sale — 131 E 36th Street, Indianapolis, IN 46205131 E 36th Street
Indianapolis, Indiana 46205
No Subdivision
5
Beds
4
Baths
3,018
Sq Ft
1900
Year Built
0.11
Acres
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ABOUT THIS HOME
Experience historic charm and modern luxury in this stunning 4-bedroom, 2.5-bath home with a finished basement and a private 1-bedroom carriage house-perfect for guests, Airbnb income, or multi-generational living. Offering 3,018 sq. ft. of living space, this Midtown Indianapolis beauty was completely rehabbed just four years ago, combining timeless architecture with thoughtful updates throughout. The main level welcomes you with luminous, grand-sized rooms and an open-concept layout ideal for entertaining. The expansive kitchen and dining area feature modern finishes, ample workspace, and flow seamlessly into the spacious living areas. Upstairs, the primary suite offers two walk-in closets, a double vanity, free-standing soaker tub, and a custom tile shower. The fourth bedroom, tucked in the finished attic, includes two walk-in closets and a cozy play or storage area. The finished basement adds even more versatility with a large family room, office space, utility room, and plumbing for an additional full bath. A privacy-fenced courtyard creates an inviting outdoor retreat for summer evenings. With newer mechanicals-sewer line, furnace, A/C, all replaced in 2020, water heater in the main house was just replaced-this home offers peace of mind and modern comfort. New water heater in the carriage house. Conveniently located near Butler University, downtown Indianapolis, and popular Midtown dining and parks, this property truly has it all.
Key things to know
- Fireplace
- Finished basement (600 sqft)
Monthly payment
Estimate · $425,000
$2,808/mo
≈ $2,262 principal & interest · $546 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $85,000 on a loan of $340,000.
Price history
- Listedat $430,000
May 8, 2026
Recent comparable sales
$420,000
410 E 37th Street
4bd · 3ba · 2,437 sqft
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$145,000
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$857,500
5017 N Pennsylvania Street
4bd · 4ba · 3,341 sqft
Sold May 2026
$865,000
5140 Broadway Street
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4310 Central Avenue
4bd · 3ba · 2,292 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 44% 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
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$430,000Listed· May 8, 2026
5 days on market
Layout
Primary suite
Bedroom 2nd Primary,Closet Walk in
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis3.6 mi
- Monon Trail (Carmel)9.7 mi
- Carmel Central Park10.0 mi
- Carmel High School10.4 mi
- IU Health North Hospital10.7 mi
- Carmel Arts & Design District11.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,018 sq ft
Year Built
1900
Stories
Three Or More
Subdivision
No Subdivision
Bedrooms
5
Bathrooms
3 full, 1 half
School District
Indianapolis Public Schools