Sheldon Barnes
For Sale — 2510 S Pennsylvania Street, Indianapolis, IN 462252510 S Pennsylvania Street
Indianapolis, Indiana 46225
Stewarts
2
Beds
1
Baths
796
Sq Ft
1923
Year Built
0.12
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 2510 S Pennsylvania Street in Stewarts, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Solid 2-Bedroom Opportunity Near Downtown - Perfect for Investors! New furnace installed in December 2025. This home has great bones and is ready for your finishing touches! Featuring 2 bedrooms and 1 bath, it's ideally located close to downtown, shopping, and IPS schools-making it a smart choice for a flip, rental, or Airbnb investment. Currently rented on a month-to-month lease, this property offers immediate income potential while you plan your updates. The open floor plan creates a spacious feel, and its manageable size is perfect for someone who wants the comfort of a home without the hassle of maintaining a large space. Step outside and enjoy a very private backyard, ideal for gatherings, weekend barbecues, or simply relaxing in your own secluded retreat. Being sold as-is, this is your chance to unlock the hidden potential in a home with character, convenience, and endless possibilities. Don't miss this one-schedule your showing today!
Key things to know
- New furnace installed december 2025
- Month-to-month rental income
- Private backyard
- Open floor plan
- Near downtown and shopping
Monthly payment
Estimate · $164,900
$1,027/mo
≈ $878 principal & interest · $150 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $32,980 on a loan of $131,920.
Price history
- Price reduced$169,900 → $164,900
Oct 11, 2025
- Listedat $179,900
Aug 7, 2025
Recent comparable sales
$185,000
225 E Minnesota Street
2bd · 1ba · 1,016 sqft
Sold May 2026
$199,900
324 E Southern Avenue
2bd · 2ba · 912 sqft
Sold Apr 2026
$110,000
215 Kansas Street
2bd · 1ba · 784 sqft
Sold Mar 2026
$212,500
1902 Charles Street
2bd · 2ba · 950 sqft
Sold Mar 2026
$129,900
2245 Union Street
2bd · 1ba · 724 sqft
Sold Mar 2026
Comparative value
5 comps in this range
This home is 11% 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
$179,900Listed· Aug 7, 2025
$164,900Reduced
↓ $15,000 (8.3% off original)
139 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis2.6 mi
- Monon Trail (Carmel)15.9 mi
- Carmel Central Park16.2 mi
- Carmel High School16.5 mi
- IU Health North Hospital16.6 mi
- Zionsville Community HS16.7 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
796 sq ft
Year Built
1923
Stories
One
Subdivision
Stewarts
Bedrooms
2
Bathrooms
1 full
School District
Indianapolis Public Schools