Pending — 142 S 5th Avenue, Beech Grove, IN 46107Schedule a tour or ask a question
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Beech Grove, Indiana and the rest of Hamilton County. Book a private tour of 142 S 5th Avenue in Beech Grove, ask any question about this home, or talk through what you should know about buying in Beech Grove.
ABOUT THIS HOME
Rare Opportunity: Move-in Ready Home with Income Potential! This charming 2BR/1BA residence in Beech Grove offers much more than meets the eye. Inside, enjoy updated flooring and light-filled living spaces that feel fresh and modern. * The true value-add is the fully converted detached apartment. This versatile space provides an immediate solution for a private home office or a high-demand rental unit to help offset your mortgage. * Both units are fully furnished and have been used as mid-term rentals for travelling professionals at a combined market rent of $3,200/month ($1,850 front / $1,350 back) The roof was replaced 2024; appliances are updated; and both units are vacant and ready Situated near local amenities and parks, this property combines the character of a classic home with the flexibility of a multi-functional estate.
$275,000
Rare Opportunity: Move-in Ready Home with Income Potential! This charming 2BR/1BA residence in Beech Grove offers much more than meets the eye. Inside, enjoy updated flooring and light-filled living spaces that feel fresh and modern. * The true value-add is the fully converted detached apartment....
1,176
Sq Ft
1928
Year Built
3
Bedrooms
2.1
Bathrooms
Key things to know
- Detached apartment rented at $1,350/month
- Main unit rented at $1,850/month
- Roof replaced 2024
- Updated appliances and flooring
- Both units furnished and turnkey
Browse by room
13 rooms · 50 photos
Price history
- PendingAccepted offer
May 11, 2026
- Listedat $275,000
Apr 21, 2026
Beech Grove · activity
past 6 months
- Sold
- 32
- Median price
- $180,000
- Median DOM
- 45 days
Recent comparable sales
Comparative value
5 comps in this range
This home is 62% above median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$275,000Listed· Apr 21, 2026
21 days on market
Layout
Schools
Beech Grove City Schools
Elementary
Hornet Park Elementary School
Middle
Beech Grove Middle School
High
Beech Grove Sr High School
Neighborhood
- Downtown Indianapolis5.1 mi
- Monon Trail (Carmel)16.7 mi
- IU Health North Hospital16.8 mi
- Carmel High School17.3 mi
- Carmel Central Park17.5 mi
- Fishers High School17.6 mi
PROPERTY DETAILS
Living Area
1,176 sq ft
Year Built
1928
Stories
One
Subdivision
Beech Grove
Bedrooms
3
Bathrooms
2 full, 1 half
Garage
1 spaces
School District
Beech Grove City Schools

