Sheldon Barnes
For Sale — 315 W 43rd Street, Indianapolis, IN 46208315 W 43rd Street
Indianapolis, Indiana 46208
Corydon Co Add
3
Beds
1
Baths
2,160
Sq Ft
1943
Year Built
0.14
Acres
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ABOUT THIS HOME
Welcome to this delightful Cape Cod-style home just minutes from Butler University and the charming Butler-Tarkington area. This home checks so many boxes; An ideal primary home, a proven short-term rental opportunity in a high-demand location or a long-term rental investment. Step inside to find beautiful original hardwood floors throughout the main level and a warm, inviting layout perfect for everyday living and entertaining. The updated kitchen features an eat-in nook-perfect for casual meals and morning coffee. The main level offers two bedrooms and a full bath, while upstairs you'll find a generously sized primary bedroom retreat with flexible space that works beautifully as a sitting area, reading nook, or home office. Downstairs, the partially finished basement adds valuable space-ideal for a movie room, game room, or guest hangout-plus storage and daylight windows for a brighter feel. Outside, enjoy convenient parking with a carport and an easy-to-love location close to dining, shops, campus, and all things Indy. For investors, this property has been operating as a successful short-term rental with strong performance and positive cash flow (details available upon request). Whether you're looking for a place to call home or a property that can generate income from day one, this one is a must-see-schedule your showing today!
Key things to know
- Original hardwood floors on main level
- Updated eat-in kitchen with breakfast nook
- Primary suite upstairs with flexible sitting/office space
- Partially finished basement with daylight windows
- Carport and mini barn on lot
Monthly payment
Estimate · $257,900
$1,645/mo
≈ $1,373 principal & interest · $273 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $51,580 on a loan of $206,320.
Price history
- Price reduced$259,900 → $257,900
Apr 21, 2026
- Listedat $284,000
Jan 16, 2026
Recent comparable sales
$538,000
820 W 54th Street
4bd · 2ba · 2,232 sqft
Sold May 2026
$320,000
950 W 28th Street
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$375,000
4123 Graceland Avenue
3bd · 3ba · 1,803 sqft
Sold May 2026
$145,729
3052 Skylar Lane
2bd · 2ba · 1,674 sqft
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$75,000
354 W 26th Street
3bd · 1ba · 2,084 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 19% 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
$284,000Listed· Jan 16, 2026
$257,900Reduced
↓ $26,100 (9.2% off original)
96 days on market
Layout
Primary suite
Closet Walk in,Sitting Room
Primary bath
Tub Full with Shower
Schools
MSD Washington Township
Neighborhood
- Downtown Indianapolis4.5 mi
- Monon Trail (Carmel)9.0 mi
- Carmel Central Park9.1 mi
- Carmel High School9.6 mi
- Zionsville Community HS10.0 mi
- IU Health North Hospital10.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,160 sq ft
Year Built
1943
Stories
Two
Subdivision
Corydon Co Add
Bedrooms
3
Bathrooms
1 full
School District
MSD Washington Township