
Sheldon Barnes
For Sale — 1514 E Skyline Drive, Lexington, IN 471381514 E Skyline Drive
Lexington, Indiana 47138
S & K Landing
3
Beds
2
Baths
1987
Year Built
2.88
Acres
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ABOUT THIS HOME
514 Skyline Avenue is 938 square foot home on a 2.88 acre lot and was built in 1987. Have a pond with stock fishes. It has 3bedrooms 2 bathrooms. There are 2 power poles with 2 electric meters. Separate meter billing services for main trailer and for barn storage shed and mini house or whatever you might build on the property. Outside there are plugin outlets on each electric poles and the trailer has 1 pole service meter, and the mini blue siding house has one billing services meter poles with 1bedroom 10 x12 house with shingles roof outside siding door inside outlets and light fixtures also outside porch light and panel box . the 25x32 barn has gravel slash dirt floors metal roofing with loft mostly used for tractor barn garage on the side of the tractor barn with separate exterior doors is a connected built on 10 by 32 storage shed attached to the barn storage shed has wood floors and storage wooden shelves and light switch outlets and door exterior with lock and key exterior porch light. DO NOT PASS UP THE CHANCE TO OWN THIS COUNTRY SETTING. NICE CLEAN AREA OF COUNTRY HOMES. ENJOY THE SUNRISE AND SUNSET HERE. THE BACK OF THIS HOMESITE IS WOODED, HAS THE COUNTRY FEEL, YET THE CLOSENESS OF SCOTTSBURG, SALEM AND 1-65 EXIT 29.
Key things to know
- 2.88-acre lot with pond stocked with fish
- Separate 1-bedroom guest house with own meter
- 25x32 barn with loft and attached storage shed
- Dual electric meters for main home and outbuildings
- Wooded back portion with country feel
Monthly payment
Estimate · $130,000
$714/mo
≈ $692 principal & interest · $22 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $26,000 on a loan of $104,000.
Price history
- Price reduced$140,000 → $130,000
Feb 3, 2026
- Listedat $240,000
Jan 5, 2024
Recent comparable sales

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8740 W State Road 256
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$185,000
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Sold Jan 2026

$257,000
20912 E State Road 362
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$67,000
1649 S 1400 W
2bd · 1ba · 840 sqft
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Comparative value
5 comps in this range
This home is 30% 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.
AI-curated highlights
INSIDE THIS HOME
FEATURES & AMENITIES
Interior
Climate
AI-detected from photos
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$240,000Listed· Jan 5, 2024
$130,000Reduced
↓ $110,000 (45.8% off original)
827 days on market
Layout
Primary suite
Deck
Primary bath
Shower Stall Full
Schools
Scott County School District 1
Elementary
Austin Elementary School
Middle
Austin Middle School
High
Austin High School
Neighborhood
- Downtown Indianapolis77.4 mi
- Fishers High School88.3 mi
- Conner Prairie88.5 mi
- IU Health North Hospital88.8 mi
- Monon Trail (Carmel)89.3 mi
- Hamilton Southeastern HS89.5 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Year Built
1987
Stories
One
Subdivision
S & K Landing
Bedrooms
3
Bathrooms
1 full, 1 half
School District
Scott County School District 1
