Sheldon Barnes
For Sale — 2022 N Alton Avenue, Indianapolis, IN 462222022 N Alton Avenue
Indianapolis, Indiana 46222
Rainbow Ridge
3
Beds
2
Baths
1,321
Sq Ft
2024
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 2022 N Alton Avenue in Rainbow Ridge, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
New construction ranch offering 3 bedrooms and 2 full baths, ready for final touches. This single-story home features a functional open layout and solid construction throughout. All major systems-including plumbing, electrical, and HVAC-have been fully inspected and approved by the city. The remaining building materials are included with the sale, allowing the next owner to complete the home to their personal taste. Ideal for an owner-occupant looking to customize or an investor seeking a near-completion project. One-level living with strong upside-don't miss this opportunity. Engineers floor plan report is in the supplement documents- For more information, please reach out to the listing agent directly if you are not currently represented by an agent.
Key things to know
- New construction 2024
- Single-story open floor plan
- All major systems inspected and city-approved
- Building materials included for completion
- 3 bed / 2 bath on 0.15 acres
Browse by room
3 rooms · 20 photos
Monthly payment
Estimate · $150,000
$876/mo
≈ $798 principal & interest · $78 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $30,000 on a loan of $120,000.
Price history
- Price reduced$180,000 → $150,000
Mar 26, 2026
- Listedat $180,000
Jan 28, 2026
Rainbow Ridge · activity
past 6 months
- Sold
- 14
- Median price
- $66,500
- Median DOM
- 44 days
Recent comparable sales
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$178,900
4047 Arcadia Street
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$187,000
417 N Goodlet Avenue
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$85,000
2609 Jackson Street
3bd · 1ba · 1,201 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 16% 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
$180,000Listed· Jan 28, 2026
$150,000Reduced
↓ $30,000 (16.7% off original)
51 days on market
Layout
Schools
Indianapolis Public Schools
Elementary
Ernie Pyle School 90
High
George Washington High School
Neighborhood
- Downtown Indianapolis3.6 mi
- Zionsville Community HS11.7 mi
- Carmel Central Park12.2 mi
- Monon Trail (Carmel)12.5 mi
- Carmel High School13.2 mi
- Carmel Arts & Design District13.8 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,321 sq ft
Year Built
2024
Stories
One
Subdivision
Rainbow Ridge
Bedrooms
3
Bathrooms
2 full
School District
Indianapolis Public Schools