Sheldon Barnes
For Sale — 2232 W 58th Street, Indianapolis, IN 462282232 W 58th Street
Indianapolis, Indiana 46228
Northolm
2
Beds
1
Baths
600
Sq Ft
1934
Year Built
0.14
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 2232 W 58th Street in Northolm, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Excellent investment opportunity on Indy's Westside! Last rent was $1,260/month. Property needs very little work to be rent ready. Close to parks or Interstate access. Home is a corner lot, and has well water and city sewer with a detached garage. Specific Parcel #8029811 as adjacent lots are not owned by this seller but have the same mailing address. Additional 7 properties available from same seller/agent, also vacant, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior to closing. Property is sold as-is. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Buyer to be responsible for all costs on the settlement statement except for Seller paid commissions and management fees. Please see the attached documents. The Seller Addendum must be executed and delivered with all Purchase Offers along with all disclosures and proof of funds. Property is sold as-is. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Utilities are inactive and the home is winterized.
Key things to know
- Corner lot
- 2-car detached garage
- Well water and city sewer
- Recent rental history
- Near parks and interstate access
Monthly payment
Estimate · $119,900
$817/mo
≈ $638 principal & interest · $179 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $23,980 on a loan of $95,920.
Price history
- Price reduced$174,900 → $119,900
Mar 17, 2026
- Listedat $179,900
Dec 1, 2025
Northolm · activity
past 6 months
- Sold
- 4
- Median price
- $62,900
- Median DOM
- 86 days
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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$179,900Listed· Dec 1, 2025
$119,900Reduced
↓ $60,000 (33.4% off original)
113 days on market
Layout
Schools
MSD Washington Township
Neighborhood
- Downtown Indianapolis6.7 mi
- Zionsville Community HS7.5 mi
- Carmel Central Park7.6 mi
- Monon Trail (Carmel)8.2 mi
- Carmel High School8.7 mi
- Carmel Arts & Design District9.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
600 sq ft
Year Built
1934
Stories
One
Subdivision
Northolm
Bedrooms
2
Bathrooms
1 full
Garage
2 spaces
School District
MSD Washington Township