Sheldon Barnes
For Sale — 2424 Broadway Street, Indianapolis, IN 462052424 Broadway Street
Indianapolis, Indiana 46205
J a & M Bruces Add
4
Beds
4
Baths
3,255
Sq Ft
1908
Year Built
0.23
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 2424 Broadway Street in J A & M Bruces Add, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Located on a wonderful, quiet street in Fall Creek Place, this property presents a compelling investment just minutes from downtown Indianapolis. The home has been fully gutted to the studs and is ready for redevelopment, with three stories of living space featuring high ceilings and a layout that easily supports a family-friendly configuration. Key capital improvements have already been completed, including a new roof, new furnace, new AC unit, and new windows. The good-sized lot offers flexibility for a detached garage and outdoor space, adding further upside in a neighborhood known for consistent value and demand. No wholesale offers, sight unseen offers, or assignment of contract. End buyer's only.
Key things to know
- Fully gutted to studs, ready for redevelopment
- New roof, furnace, ac, and windows installed
- Three stories with high ceilings
- Good-sized lot with garage/outdoor potential
- Quiet street near downtown indianapolis
Monthly payment
Estimate · $339,900
$2,175/mo
≈ $1,809 principal & interest · $366 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $67,980 on a loan of $271,920.
Price history
- Price reduced$344,900 → $339,900
Apr 29, 2026
- Listedat $370,000
Feb 3, 2026
Recent comparable sales
$420,000
410 E 37th Street
4bd · 3ba · 2,437 sqft
Sold May 2026
$857,500
5017 N Pennsylvania Street
4bd · 4ba · 3,341 sqft
Sold May 2026
$390,000
3815 N Delaware Street
3bd · 2ba · 2,296 sqft
Sold May 2026
$865,000
5140 Broadway Street
4bd · 3ba · 3,152 sqft
Sold Apr 2026
$755,000
4310 Central Avenue
4bd · 3ba · 2,292 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 55% 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
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$370,000Listed· Feb 3, 2026
$339,900Reduced
↓ $30,100 (8.1% off original)
85 days on market
Layout
Schools
Indianapolis Public Schools
Elementary
James Whitcomb Riley School 43
High
Arsenal Technical High School
Neighborhood
- Downtown Indianapolis2.4 mi
- Monon Trail (Carmel)10.9 mi
- Carmel Central Park11.3 mi
- Carmel High School11.6 mi
- IU Health North Hospital11.8 mi
- Carmel Arts & Design District12.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,255 sq ft
Year Built
1908
Stories
Three Or More
Subdivision
J a & M Bruces Add
Bedrooms
4
Bathrooms
4 full
School District
Indianapolis Public Schools