Sheldon Barnes
For Sale — 1467 Blaine Avenue, Indianapolis, IN 462211467 Blaine Avenue
Indianapolis, Indiana 46221
Mccartys
3
Beds
1
Baths
980
Sq Ft
1920
Year Built
0.09
Acres
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ABOUT THIS HOME
Excellent investment opportunity on Indy's Westside! Property is nearly ready to rent but needs some work. Close to interstate and Downtown access! Citizen's Energy is requiring the water meter be moved from crawlspace (access in bedroom closet) to outside before services will be restored. Additional 7 properties available from same seller/agent, also vacant, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior to closing. Property is sold as-is. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Buyer to be responsible for all costs on the settlement statement except for Seller paid commissions and management fees. Please see the attached documents. The Seller Addendum must be executed and delivered with all Purchase Offers along with all disclosures and proof of funds. Property is sold as-is. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Seller Addendum is required and must be delivered along with Purchase Offer, disclosures, and proof of funds/pre-approval. See MLS docs. Electric is on, gas and water are off and will NOT be turned on for sale.
Key things to know
- Close to interstate and downtown
- Central air conditioning
- Original woodwork
- Electric and gas heating available
- Portfolio potential—7 additional properties available from same seller
Monthly payment
Estimate · $74,900
$498/mo
≈ $399 principal & interest · $100 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $14,980 on a loan of $59,920.
Price history
- Price reduced$79,900 → $74,900
Feb 9, 2026
- Listedat $79,900
Nov 24, 2025
Mccartys · activity
past 6 months
- Sold
- 2
- Median price
- $17,000
- Median DOM
- 88 days
Recent comparable sales
$143,000
3401 6th Avenue E
3bd · 1ba · 1,073 sqft
Sold May 2026
$100,000
1245 S Belmont Avenue
3bd · 1ba · 816 sqft
Sold May 2026
$205,000
5412 Margate Road
3bd · 1ba · 1,200 sqft
Sold May 2026
$155,500
3250 Davis Drive
2bd · 1ba · 936 sqft
Sold May 2026
$103,000
1221 S Belmont Avenue
3bd · 1ba · 1,064 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 48% 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
$79,900Listed· Nov 24, 2025
$74,900Reduced
↓ $5,000 (6.3% off original)
102 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis2.2 mi
- Monon Trail (Carmel)15.2 mi
- Carmel Central Park15.3 mi
- Zionsville Community HS15.3 mi
- Carmel High School15.8 mi
- IU Health North Hospital16.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
980 sq ft
Year Built
1920
Stories
One
Subdivision
Mccartys
Bedrooms
3
Bathrooms
1 full
School District
Indianapolis Public Schools