Sheldon Barnes
For Sale — 1633 N New Jersey Street, Indianapolis, IN 462021633 N New Jersey Street
Indianapolis, Indiana 46202
Allen & Roots North
$575,000
Schedule a Showing2
Beds
2
Baths
1,354
Sq Ft
1919
Year Built
0.07
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 1633 N New Jersey Street in Allen & Roots North, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Fully occupied Townhome with a Premium 1 Bedroom Carriage House in the Historic Herron-Morton neighborhood. This exceptional dual-residence property at 1633 & 1637 N New Jersey St offers a rare blend of turn-key living and high-performance investment potential in one of Indianapolis's most coveted historic districts. The main structure features a spacious 2BR/2BA layout with an unfinished basement. The home welcomes you with a deep, covered front porch leading into a seamless, modern interior highlighted by updated finishes, generous living areas, and a gourmet kitchen. Beyond the interior, the home offers a private, spacious fenced-in backyard. Adding unparalleled value is the 2-car detached garage topped by a fully-appointed 1BR/1BA carriage house. This unit provides 716 sq ft of additional living space, perfect for a high-end short-term rental, a long-term tenant, or a private guest retreat. The home & the carriage house are currently tenant occupied for immediate cash flow at a total of $3,834/month. Ideally located steps from Tinker Street, Foundry Coffee, Kroger and much more. Whether you are looking for a sophisticated "house-hack" or a flagship addition to your portfolio, this property delivers a perfect blend of performance and prestige. ***Home photos are from unit 1635 & the Carriage House is from a similar unit***
Key things to know
- Dual-unit income: main house + 1BR carriage house
- Carriage house: 716 sq ft, fully appointed, separate rental
- Updated finishes, modern kitchen, fenced backyard
- 2-car detached garage
- Currently tenant-occupied, $3,834/month cash flow
Browse by room
12 rooms · 59 photos
Monthly payment
Estimate · $575,000
$3,785/mo
≈ $3,060 principal & interest · $725 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $115,000 on a loan of $460,000.
Price history
- Listedat $575,000
Mar 9, 2026
Allen & Roots North · activity
past 6 months
- Sold
- 2
- Median price
- $635,000
- Median DOM
- 25 days
Recent comparable sales
$250,000
1901 Carrollton Avenue
3bd · 1ba · 1,472 sqft
Sold May 2026
$378,900
1718 Alvord Street
2bd · 3ba · 1,591 sqft
Sold May 2026
$375,500
1204 Polk Street
3bd · 3ba · 1,410 sqft
Sold May 2026
$355,000
1806 Alvord Street
2bd · 3ba · 1,344 sqft
Sold May 2026
$372,000
1543 Yandes Street
2bd · 3ba · 1,708 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 55% 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
$575,000Listed· Mar 9, 2026
20 days on market
Layout
Primary bath
Shower Stall Full
Schools
Indianapolis Public Schools
Elementary
James Russell Lowell School 51
Middle
Arlington Community Middle School
High
George Washington High School
Neighborhood
- Downtown Indianapolis1.5 mi
- Monon Trail (Carmel)11.8 mi
- Carmel Central Park12.2 mi
- Carmel High School12.5 mi
- IU Health North Hospital12.6 mi
- Zionsville Community HS13.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,354 sq ft
Year Built
1919
Stories
Two
Subdivision
Allen & Roots North
Bedrooms
2
Bathrooms
2 full
Garage
2 spaces
School District
Indianapolis Public Schools