Sheldon Barnes
For Sale — 2038 N College Avenue, Indianapolis, IN 462022038 N College Avenue
Indianapolis, Indiana 46202
Strong & Cos Sub Johnson
$445,000
Schedule a Showing4
Beds
3
Baths
1,492
Sq Ft
2007
Year Built
0.11
Acres
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ABOUT THIS HOME
Sophisticated Urban Living & Investment Opportunity in Kennedy-King. This modern 5BR/4BA residence offers over 1,400 sq ft of living space across 2 levels along with a 3-car CARRIAGE HOUSE. The main floor a main level features a seamless open-concept layout with spacious living/dining area, a gourmet kitchen with granite countertops, and a versatile MAIN LEVEL BEDROOM with a FULL BATH. Upstairs, the primary suite serves as a true retreat with an en-suite bath featuring updated dual vanities and a tiled shower with a bath tub along with a walk-in closet & a covered balcony. Upstairs is accompanied by another bedroom suite with its own bath, a third bedroom & a laundry room. Enjoy the outdoors from the rare backyard to the massive 672 sq ft 3-car CARRIAGE HOUSE, providing unparalleled versatility for parking, a fitness studio, in-law suite, short/long term tenants or a creative workshop. Currently tenant-occupied at $3,834/month, making this a turn-key, high-yield addition to any portfolio. Ideally located steps from the Kennedy King Park Center, Grocery Stores, Coffee Shops, Fall Creek Trail and local favorites. A perfect blend of urban living and consistent performance.
Key things to know
- Carriage house with 672 sq ft (separate rental income)
- Primary suite with dual vanity bath and covered balcony
- Main level bedroom with full bath
- Granite kitchen with island and open-concept layout
- Tenant-occupied, $3,834/month lease
Browse by room
11 rooms · 43 photos
Monthly payment
Estimate · $445,000
$2,941/mo
≈ $2,368 principal & interest · $573 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $89,000 on a loan of $356,000.
Price history
- Listedat $445,000
Mar 24, 2026
Strong & Cos Sub Johnson · activity
past 6 months
- Sold
- 2
- Median price
- $475,000
- Median DOM
- 41 days
Recent comparable sales
$250,000
1901 Carrollton Avenue
3bd · 1ba · 1,472 sqft
Sold May 2026
$375,500
1204 Polk Street
3bd · 3ba · 1,410 sqft
Sold May 2026
$460,000
2054 Ruckle Street
4bd · 3ba · 1,629 sqft
Sold May 2026
$350,000
719 E 17th Street
3bd · 3ba · 1,720 sqft
Sold Apr 2026
$297,000
1215 Herbert Street
3bd · 3ba · 1,761 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 27% 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
$445,000Listed· Mar 24, 2026
4 days on market
Layout
Primary suite
Balcony,Closet Walk in
Primary bath
Sinks Double,Suite,Tub Full with Shower
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis2.0 mi
- Monon Trail (Carmel)11.4 mi
- Carmel Central Park11.8 mi
- Carmel High School12.1 mi
- IU Health North Hospital12.2 mi
- Carmel Arts & Design District12.7 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,492 sq ft
Year Built
2007
Stories
Two
Subdivision
Strong & Cos Sub Johnson
Bedrooms
4
Bathrooms
3 full
Garage
3 spaces
School District
Indianapolis Public Schools