Sheldon Barnes
For Sale — 1438 S Illinois Street, Indianapolis, IN 462251438 S Illinois Street
Indianapolis, Indiana 46225
Rechs S Meridian St
3
Beds
3
Baths
2,300
Sq Ft
1912
Year Built
0.1
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 1438 S Illinois Street in Rechs S Meridian St, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Drop-dead gorgeous. That was the first reaction to this almost-new, modern Mediterranean masterpiece in Center Township. Offering three bedrooms, two and a half baths, soaring ceilings, and a fenced backyard, this home impresses from the inviting covered front porch to the elegant terrace and beautifully designed interior. Set in a peaceful, attractive setting, every detail reflects quality and style. Expect the best. Your expectations will be exceeded. Everything makes a statement-except the price.
Key things to know
- Soaring ceilings
- Covered front porch and terrace
- Fenced backyard
- Kitchen island with pantry
- Walk-in closets
Browse by room
10 rooms · 16 photos
Monthly payment
Estimate · $264,900
$1,697/mo
≈ $1,410 principal & interest · $287 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $52,980 on a loan of $211,920.
Price history
- Price reduced$269,900 → $264,900
Apr 15, 2026
- Listedat $269,900
Jan 15, 2026
Recent comparable sales
$300,000
333 Lincoln Street
4bd · 3ba · 1,716 sqft
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$433,000
317 Iowa Street
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$212,000
2508 Webb Street
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Sold May 2026
$432,500
219 E Morris Street
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Sold Apr 2026
$235,000
1401 S Alabama Street
3bd · 4ba · 2,800 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 12% 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
$269,900Listed· Jan 15, 2026
$264,900Reduced
↓ $5,000 (1.9% off original)
87 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Shower Stall Full
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis1.4 mi
- Monon Trail (Carmel)14.7 mi
- Carmel Central Park15.1 mi
- Carmel High School15.4 mi
- Zionsville Community HS15.5 mi
- IU Health North Hospital15.5 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,300 sq ft
Year Built
1912
Stories
Two
Subdivision
Rechs S Meridian St
Bedrooms
3
Bathrooms
2 full, 1 half
Garage
2 spaces
School District
Indianapolis Public Schools