Sheldon Barnes
For Sale — 2860 S Rybolt Avenue, Indianapolis, IN 462412860 S Rybolt Avenue
Indianapolis, Indiana 46241
Mars Hill
$80,000
Schedule a Showing3
Beds
2
Baths
1,212
Sq Ft
2023
Year Built
0.24
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 2860 S Rybolt Avenue in Mars Hill, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
* * FIXER UPPER OPPORTUNITY * * This is a great opportunity to bring this new construction home to life. It has 3 bedrooms, 2 full bathrooms, laundry room, and an open-concept kitchen. It has a detached 2-car garage. This construction sits on a corner double lot in a neighborhood with potential rentals. It is a big lot with plenty of space for a nice development. It has a new concrete slab with plumbing in it, needs drywall, new roof, new siding, windows, doors, floors, electrical, plumbing connections and fittings.
Key things to know
- Corner double lot (0.24 acres)
- Open-concept kitchen layout
- Detached 2-car garage
- New concrete slab with plumbing roughed in
- Laundry room
Monthly payment
Estimate · $80,000
$517/mo
≈ $426 principal & interest · $91 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $16,000 on a loan of $64,000.
Price history
- Listedat $80,000
Jan 15, 2026
Mars Hill · activity
past 6 months
- Sold
- 24
- Median price
- $102,500
- Median DOM
- 28 days
Recent comparable sales
$259,900
321 Hardin Boulevard
2bd · 2ba · 1,134 sqft
Sold May 2026
$65,000
3915 Oliver Avenue
3bd · 1ba · 1,112 sqft
Sold May 2026
$140,000
5107 Martha Street
2bd · 2ba · 1,104 sqft
Sold Apr 2026
$175,000
1002 Collier Street
3bd · 1ba · 858 sqft
Sold Apr 2026
$230,000
6535 W Morris Street
3bd · 1ba · 1,265 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 54% 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
$80,000Listed· Jan 15, 2026
6 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis5.1 mi
- Zionsville Community HS16.6 mi
- Carmel Central Park17.2 mi
- Monon Trail (Carmel)17.4 mi
- Carmel High School18.0 mi
- IU Health North Hospital18.6 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,212 sq ft
Year Built
2023
Stories
One
Subdivision
Mars Hill
Bedrooms
3
Bathrooms
2 full
Garage
2 spaces
School District
Indianapolis Public Schools