Sheldon Barnes
For Sale — 2005 N Bancroft Street, Indianapolis, IN 462182005 N Bancroft Street
Indianapolis, Indiana 46218
Garden Court Village
4
Beds
2
Baths
1,296
Sq Ft
1948
Year Built
0.15
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 2005 N Bancroft Street in Garden Court Village, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Rental property ready to go! Tenant pays $1,000 per month and lease expires 5/31/26 and is then month to month after. Showings with an accepted offer. Buyer will then have a negotiated due diligence period to view property once offer has been accepted - investors only - no regular inspections - you can bring contractors through during your due diligence period.
Key things to know
- Existing tenant at $1,000/month
- Lease through may 2026 then month-to-month
- 4 bed / 2 bath
- 1-car garage
Monthly payment
Estimate · $118,500
$853/mo
≈ $631 principal & interest · $223 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $23,700 on a loan of $94,800.
Price history
- Price reduced$120,000 → $118,500
Feb 6, 2026
- Listedat $120,000
Jan 8, 2026
Garden Court Village · activity
past 6 months
- Sold
- 4
- Median price
- $155,000
- Median DOM
- 45 days
Recent comparable sales
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2601 Manlove Avenue
3bd · 1ba · 972 sqft
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$197,000
4848 E 34th Street
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$195,000
2740 N Rural Street
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$159,500
3448 Hillside Avenue
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Sold May 2026
$105,000
4311 E 30th Street
3bd · 1ba · 1,044 sqft
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Comparative value
5 comps in this range
This home is 32% 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$120,000Listed· Jan 8, 2026
$118,500Reduced
↓ $1,500 (1.3% off original)
92 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis4.3 mi
- Monon Trail (Carmel)11.4 mi
- IU Health North Hospital11.5 mi
- Carmel High School12.1 mi
- Fishers High School12.5 mi
- Carmel Central Park12.5 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,296 sq ft
Year Built
1948
Stories
One
Subdivision
Garden Court Village
Bedrooms
4
Bathrooms
2 full
Garage
1 spaces
School District
Indianapolis Public Schools