Sheldon Barnes
For Sale — 2913 S Rybolt Avenue, Indianapolis, IN 462412913 S Rybolt Avenue
Indianapolis, Indiana 46241
Mars Hill
2
Beds
1
Baths
720
Sq Ft
1940
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 2913 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
Investment opportunity for those seeking a valuable property or a project to personalize. Conveniently located with room to spread out allows for endless possibilities. This 2 bedroom 1 bath home sits on three lots. An oversized detached garage with concrete floor offers endless possibilities for storage, or hobbyists. Bring your dreams. The home and garage are on 2 of the 3 lots, but the 3rd lot could be used as it is for yard space, garden space, or dream bigger....build a house on it. Income property? Seller would like to sell AS-IS. Home will not qualify for VA or FHA financing.
Key things to know
- Three lots total with development potential
- Oversized detached 3-car garage with concrete floor
- As-is sale, investment-ready
- Extra lot for expansion, garden, or new construction
Monthly payment
Estimate · $115,000
$774/mo
≈ $612 principal & interest · $162 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $23,000 on a loan of $92,000.
Price history
- Price reduced$125,000 → $115,000
Mar 25, 2026
- Listedat $125,000
Feb 24, 2026
Mars Hill · activity
past 6 months
- Sold
- 24
- Median price
- $102,500
- Median DOM
- 28 days
Recent comparable sales
Comparative value
5 comps in this range
This home is right at the 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$125,000Listed· Feb 24, 2026
$115,000Reduced
↓ $10,000 (8.0% off original)
30 days on market
Layout
Schools
MSD Wayne Township
Neighborhood
- Downtown Indianapolis5.1 mi
- Zionsville Community HS16.6 mi
- Carmel Central Park17.2 mi
- Monon Trail (Carmel)17.4 mi
- Carmel High School18.1 mi
- IU Health North Hospital18.7 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
720 sq ft
Year Built
1940
Stories
One
Subdivision
Mars Hill
Bedrooms
2
Bathrooms
1 full
Garage
3 spaces
School District
MSD Wayne Township