Sheldon Barnes
For Sale — 1427 Ruth Drive, Indianapolis, IN 462401427 Ruth Drive
Indianapolis, Indiana 46240
Ravenswood
2
Beds
2
Baths
1,156
Sq Ft
1935
Year Built
0.17
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 1427 Ruth Drive in Ravenswood, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Well-maintained property located in an established Indianapolis neighborhood. This home offers a functional layout with great potential for both owner-occupants and investors. Conveniently located near schools, shopping, and major roadways for easy access throughout the city. Buyer to verify all measurements, room sizes, and information deemed important. Schedule your showing today.
Key things to know
- Central air conditioning
- Forced air natural gas heating
- Eat-in kitchen
- Established ravenswood neighborhood
- Near schools and shopping
Browse by room
12 rooms · 22 photos
Monthly payment
Estimate · $189,900
$1,161/mo
≈ $1,011 principal & interest · $150 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $37,980 on a loan of $151,920.
Price history
- Price reduced$200,000 → $189,900
Feb 24, 2026
- Listedat $200,000
Jan 16, 2026
Ravenswood · activity
past 6 months
- Sold
- 3
- Median price
- $210,000
- Median DOM
- 27 days
Recent comparable sales
$345,000
8816 El Rico Drive
3bd · 2ba · 1,370 sqft
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627 E 93rd Street
3bd · 2ba · 1,282 sqft
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$120,000
7886 Harbour Isle
2bd · 2ba · 1,024 sqft
Sold Apr 2026
$430,000
928 Forest Blvd N Drive
3bd · 3ba · 1,376 sqft
Sold Apr 2026
$250,000
7580 Harbour Isle
2bd · 2ba · 1,024 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 35% 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
$200,000Listed· Jan 16, 2026
$189,900Reduced
↓ $10,100 (5.1% off original)
83 days on market
Layout
Schools
MSD Washington Township
Neighborhood
- Monon Trail (Carmel)4.9 mi
- Carmel Central Park5.6 mi
- Carmel High School5.6 mi
- IU Health North Hospital6.1 mi
- Carmel Arts & Design District6.3 mi
- Clay Terrace7.1 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,156 sq ft
Year Built
1935
Stories
One
Subdivision
Ravenswood
Bedrooms
2
Bathrooms
2 full
School District
MSD Washington Township