Sheldon Barnes
For Sale — 3103 S Lockburn Street, Indianapolis, IN 462213103 S Lockburn Street
Indianapolis, Indiana 46221
No Subdivision
2
Beds
1
Baths
1,296
Sq Ft
1929
Year Built
0.48
Acres
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ABOUT THIS HOME
Welcome home to this spacious 2-bedroom, 1-bath property on Indianapolis' Southwest side, offering just under 2,600 square feet of living space and endless possibilities. Situated on an expansive, nearly half-acre corner lot, this rare find includes four combined parcels, presenting a unique opportunity for future lot splits or added value. Inside, you'll find a generous floor plan with ample living and dining areas, perfect for everyday comfort or entertaining. The updated kitchen and bathroom add modern appeal with features such as: stone counters, ample cabinet space, rustic wood-plank accent walls, two tiled showers, large tub, and a double vanity allowing for plenty of space! The unfinished basement provides abundant storage and flexible space to suit your needs-whether a workshop, hobby area, office or home gym. Major mechanical updates offer peace of mind, including newer HVAC, windows, and a tankless water heater-helping keep big-ticket expenses at bay for years to come. This home delivers affordable living today with land and options for tomorrow. A standout opportunity for homeowners and investors alike-don't miss it.
Key things to know
- Four combined parcels with lot-split potential
- Nearly half-acre corner lot
- Updated kitchen with stone counters and wood-plank accents
- Newer hvac, windows, and tankless water heater
- Unfinished basement with flexible space
Browse by room
13 rooms · 36 photos
Monthly payment
Estimate · $229,900
$1,382/mo
≈ $1,224 principal & interest · $158 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $45,980 on a loan of $183,920.
Price history
- Price reduced$234,900 → $229,900
Apr 16, 2026
- Listedat $239,900
Jan 28, 2026
Recent comparable sales
$246,000
5209 Longmeadow Court
3bd · 3ba · 1,540 sqft
Sold May 2026
$240,000
4520 Superior Road
3bd · 2ba · 1,404 sqft
Sold May 2026
$143,000
3401 6th Avenue E
3bd · 1ba · 1,073 sqft
Sold May 2026
$205,000
5412 Margate Road
3bd · 1ba · 1,200 sqft
Sold May 2026
$235,000
6839 Chauncey Drive
3bd · 2ba · 1,368 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 2.2% 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
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$239,900Listed· Jan 28, 2026
$229,900Reduced
↓ $10,000 (4.2% off original)
79 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Shower Stall Full,Sinks Double,Tub Full with Shower,Tub Whirlpool
Schools
MSD Decatur Township
Elementary
Stephen Decatur Elementary School
Middle
Decatur Middle School
High
Decatur Central High School
Neighborhood
- Downtown Indianapolis5.0 mi
- Zionsville Community HS16.9 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
1,296 sq ft
Year Built
1929
Stories
OneOne and One Half
Subdivision
No Subdivision
Bedrooms
2
Bathrooms
1 full
Garage
2 spaces
School District
MSD Decatur Township