Sheldon Barnes
For Sale — 2431 Central Avenue, Indianapolis, IN 462052431 Central Avenue
Indianapolis, Indiana 46205
Trimpes Forest Brook
$400,000
Schedule a Showing3
Baths
3,392
Sq Ft
1999
Year Built
0.33
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 2431 Central Avenue in Trimpes Forest Brook, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Rare redevelopment opportunity in a prime Near Northside location at Fall Creek Place. This property offers multiple value-add strategies, including potential conversion of the existing church structure into a unique residential space or redevelopment of the site. With sufficient lot size to support a possible split since was previously 2 lots, investors may explore building two new construction homes (subject to zoning and approvals). Ideal for builders, developers, or visionaries looking to capitalize on continued growth just minutes from downtown Indianapolis. Currently houses are selling from approximately $500-800,000.
Key things to know
- Former church structure with conversion potential
- Lot may be splititable for two homes
- Prime near northside location
- Minutes from downtown indianapolis
- Cathedral ceilings
Browse by room
3 rooms · 6 photos
Monthly payment
Estimate · $400,000
$2,129/mo
≈ $2,129 principal & interest
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $80,000 on a loan of $320,000.
Price history
- Listedat $400,000
May 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
$865,000
5140 Broadway Street
4bd · 3ba · 3,152 sqft
Sold Apr 2026
$380,000
5111 Ralston Avenue
7bd · 3ba · 2,896 sqft
Sold Apr 2026
$560,000
2841 Tropical Drive
4bd · 4ba · 3,584 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 29% 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
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$400,000Listed· May 3, 2026
1 days on market
Layout
Primary suite
See Remarks
Primary bath
Bath Half
Schools
Indianapolis Public Schools
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
3,392 sq ft
Year Built
1999
Stories
One
Subdivision
Trimpes Forest Brook
School District
Indianapolis Public Schools