Recently Sold — 3159 Arbutus Drive, Indianapolis, IN 46224Schedule a tour or ask a question
Sheldon Barnes can help you tour 3159 Arbutus Drive
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 3159 Arbutus Drive in Falenders Meadowood, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Picture yourself at 3159 Arbutus where this inviting single-family residence awaits, ready to be filled with laughter and memories! NO HOA! With freshly painted exterior done this month, gutters approximately 6 months old, roof approximately 5 years old, this home has been wonderfully taken care of. The living room stands ready to be the backdrop for everything from quiet evenings with a good book to lively gatherings with friends, offering a comforting embrace. Imagine crafting culinary delights in the recently renovated kitchen, where the backsplash adds a touch of flair, making every meal preparation a delightful experience. The bar, complete with stylish wood cabinets, promises to be the epicenter of good times and unforgettable celebrations. Step outside and discover an outdoor living space that extends the home's charm into the expansive fully fenced in 9845 square feet lot area, complete with a concrete patio, perfect for savoring morning coffees or hosting sunset soirees; plus, there's a powered shed for all your storage needs. This home offers a delightful blend of comfort and convenience, nestled in a desirable residential area. This 3-bedroom haven is more than just a house; it's a place where dreams take root and life unfolds beautifully. Located 15 minutes to the Award winning Indianapolis airport, 12 minutes to Eagle Creek Park, 7 minutes to Ricks Boat Yard, 10 minutes to the Indianapolis Motor Speedway, and right next to 465, this homes location couldn't be more convenient. Hurry and tour this home.
$240,000
$280,000
Picture yourself at 3159 Arbutus where this inviting single-family residence awaits, ready to be filled with laughter and memories! NO HOA! With freshly painted exterior done this month, gutters approximately 6 months old, roof approximately 5 years old, this home has been wonderfully taken care of....
2,332
Sq Ft
1968
Year Built
3
Bedrooms
1.2
Bathrooms
Key things to know
- Sold 16% below list in 152 days
- Falenders Meadowood subdivision
Sold
$235,000
-$45,000 below list (-16.1%)
- Closed
- Apr 29, 2026
- Listed at
- $280,000
- Sold
- 2 weeks ago
- Sold in
- 152 days
Price history
- Sold$235,000
Apr 29, 2026
- Price reduced$245,000 → $240,000
Mar 20, 2026
- Listedat $280,000
Oct 13, 2025
Falenders Meadowood · activity
past 6 months
- Sold
- 9
- Median price
- $274,900
- Median DOM
- 11 days
Recent comparable sales

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5340 Meadowood Drive
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Comparative value
5 comps in this range
This home is 14% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$280,000Listed· Oct 13, 2025
$240,000Reduced
↓ $40,000 (14.3% off original)
152 days on market
Layout
Primary bath
Bath Half
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis6.8 mi
- Zionsville Community HS10.4 mi
- Carmel Central Park12.1 mi
- Monon Trail (Carmel)13.0 mi
- Carmel High School13.5 mi
- Carmel Arts & Design District14.0 mi
PROPERTY DETAILS
Living Area
2,332 sq ft
Year Built
1968
Stories
Tri-Level
Subdivision
Falenders Meadowood
Bedrooms
3
Bathrooms
1 full, 2 half
Garage
2 spaces
School District
Indianapolis Public Schools

