Sheldon Barnes
For Sale — 1540 Central Avenue, Indianapolis, IN 462021540 Central Avenue
Indianapolis, Indiana 46202
No Subdivision
$725,000
Schedule a Showing4
Beds
4
Baths
3,570
Sq Ft
2017
Year Built
0.11
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 1540 Central Avenue, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Welcome home to a newly built townhome in the heart of Indy's historical Old Northside! This four-level O&E townhome boasts a wonderful location, close to all your downtown desires. The original owners updated it before completion with a luxury kitchen and more. Enjoy abundant natural light on every floor and two outdoor living areas: a rooftop deck with stunning downtown views and a maintenance-free, fully fenced backyard with turf and a paver patio. The finished basement features a lovely wet bar, beverage fridge, cabinetry, a recreation room, and extra storage. With four bedrooms and three separate living spaces, this home is perfect for entertaining. The custom kitchen offers high-end appliances, ample cabinetry, and counter space, all open to the living and dining areas.
Key things to know
- Rooftop deck with downtown views
- Luxury kitchen with high-end appliances and island
- Finished basement with wet bar and recreation room
- Four bedrooms, three living spaces
- Maintenance-free fenced backyard with turf and patio
Browse by room
14 rooms · 54 photos
Monthly payment
Estimate · $725,000
$4,445/mo
≈ $3,859 principal & interest · $586 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $145,000 on a loan of $580,000.
Price history
- Listedat $725,000
Oct 27, 2025
Recent comparable sales
$550,000
1719 N New Jersey Street
3bd · 4ba · 2,613 sqft
Sold May 2026
$940,000
1826 N Delaware Street
5bd · 4ba · 3,982 sqft
Sold May 2026
$485,000
1922 Ruckle Street
4bd · 4ba · 2,568 sqft
Sold Apr 2026
$705,000
1715 Carrollton Avenue
5bd · 4ba · 3,399 sqft
Sold Apr 2026
$1,155,000
1948 Central Avenue
5bd · 4ba · 4,344 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 2.8% above 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
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$725,000Listed· Oct 27, 2025
177 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Shower Stall Full,Sinks Double
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis1.4 mi
- Monon Trail (Carmel)11.9 mi
- Carmel Central Park12.3 mi
- Carmel High School12.6 mi
- IU Health North Hospital12.7 mi
- Zionsville Community HS13.1 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,570 sq ft
Year Built
2017
Stories
Three Or More
Subdivision
No Subdivision
Bedrooms
4
Bathrooms
3 full, 1 half
Garage
2 spaces
School District
Indianapolis Public Schools