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$999,0001514 N College Avenue
For Sale174 days on market

1514 N College Avenue

Indianapolis, Indiana 46202

Butlers Ext of North

$999,000

$1,299,999

Schedule a Showing

5

Beds

4

Baths

4,807

Sq Ft

1865

Year Built

0.26

Acres

Sheldon Barnes, Carmel Realtor

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Sheldon Barnes can help you tour 1514 N College Avenue

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 1514 N College Avenue in Butlers Ext Of North, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Once in a lifetime opportunity to own an incredible Historic Home in amazing location downtown Indianapolis. This stunning 5 bedrooms, 3.5 bath Italianate property in the heart of Indianapolis Old Northside has been meticulously updated and it offers 4,800 sq ft of elegant living, dual-zone high efficiency heat pumps and timeless architectural details. It sits on a double lot with a great amount of outdoor space, large yard, deck and stone patio surrounded by large mature trees. This incredible home was built just after the civil war. The master suite has an updated bath, separate shower and bathtub. An extra walk-in closet was added upstairs for extra storage. The $200,000 kitchen remodel has all new state of the art stainless steel appliances, Subzero refrigerator, wolf gas range and oven, dishwasher, microwave and incredible cabinetry. The exterior with rare brick Italianate, brand new roof, $78,000 in double pane storm windows makes this home a must see. The wine cellar in the basement has room for 1,000 bottles of wine, temperature controlled, and your guests will be amazed as you entertain in this space. Let's not forget the fully finished 580 sq ft Carriage House with slate roof, two bedrooms, one bath, modern kitchen, living and laundry area. It sits across the lovely courtyard, it is perfect for guests, in-law quarters and can add around $10,800/year in rental income, a rare opportunity to own a luxury home that "pays you back". Enjoy a 3-car garage and a large courtyard which offers plenty of parking space. Walkable access to Mass Ave, Bottleworks and the Cultural Trail. Schedule a private showing today.

Listed by Myrian Wiggins· Reid Properties LLC· MLS# 22066684

Key things to know

  • Carriage house with 2 bed/1 bath and rental income potential
  • Wine cellar with temperature control for 1,000 bottles
  • Subzero and wolf appliances in recently remodeled kitchen
  • Double lot with mature trees and courtyard
  • $78,000 in double-pane storm windows and new roof

Browse by room

19 rooms · 79 photos

Monthly payment

Estimate · $999,000

$6,007/mo

$5,317 principal & interest · $690 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $199,800 on a loan of $799,200.

Price history

  1. Price reduced$1,050,000 → $999,000

    Apr 8, 2026

  2. Listedat $1,299,999

    Oct 17, 2025

Sold
4
Median price
$935,000
Median DOM
123 days

Comparative value

5 comps in this range

This home is 6.3% above median for similar nearby sales.

$705K$1.2MMedian $940K
$999K

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

Breakfast BarCeiling VaultedEntrance FoyerHardwood FloorsWalk-In Closet(s)

Exterior

Carriage/Guest HouseFire Pit

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $1,299,999Listed· Oct 17, 2025

  • $999,000Reduced

    $300,999 (23.2% off original)

174 days on market

Layout

Main
5 rooms2,457 sq ft
Upper
535 rooms2,075 sq ft
Basement
2 rooms275 sq ft finished

Primary suite

Fireplace

Primary bath

Shower Stall Full,Suite,Tub Full with Separate Shower

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis1.5 mi
    • Monon Trail (Carmel)11.9 mi
    • Carmel Central Park12.4 mi
    • Carmel High School12.6 mi
    • IU Health North Hospital12.7 mi
    • Carmel Arts & Design District13.3 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    4,807 sq ft

    Year Built

    1865

    Stories

    TwoOne and One Half

    Subdivision

    Butlers Ext of North

    Bedrooms

    5

    Bathrooms

    3 full, 1 half

    Garage

    3 spaces

    School District

    Indianapolis Public Schools

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