Sheldon Barnes
For Sale — 3037 S Rybolt Avenue, Indianapolis, IN 462413037 S Rybolt Avenue
Indianapolis, Indiana 46241
Mars Hill
1
Sq Ft
1976
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 3037 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
Bring your vision to this versatile property featuring a large garage situated on a spacious lot. With endless potential, this site is ideal for investors and entrepreneurs alike. Use the existing garage for storage, equipment, or a workshop, or explore options to start a business, expand operations, or build new construction. Centrally located with easy access to major roads, this property offers flexibility for a wide range of uses. Rare opportunity to own a lot with immediate utility and long-term potential!
Key things to know
- 3-car garage with ample space
- 0.12-acre lot with development potential
- Central location near major roads
- Flexible use property
Monthly payment
Estimate · $55,000
$342/mo
≈ $293 principal & interest · $49 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $11,000 on a loan of $44,000.
Price history
- Price reduced$60,000 → $55,000
Jan 13, 2026
- Listedat $60,000
Jan 12, 2026
Mars Hill · activity
past 6 months
- Sold
- 24
- Median price
- $102,500
- Median DOM
- 28 days
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
$60,000Listed· Jan 12, 2026
$55,000Reduced
↓ $5,000 (8.3% off original)
108 days on market
Schools
MSD Decatur Township
Middle
Decatur Middle School
Neighborhood
- Downtown Indianapolis5.2 mi
- Zionsville Community HS16.8 mi
- Carmel Central Park17.4 mi
- Monon Trail (Carmel)17.6 mi
- Carmel High School18.2 mi
- IU Health North Hospital18.8 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1 sq ft
Year Built
1976
Stories
One
Subdivision
Mars Hill
Garage
3 spaces
School District
MSD Decatur Township