Sheldon Barnes
For Sale — 338 S Rural Street, Indianapolis, IN 46201338 S Rural Street
Indianapolis, Indiana 46201
Leeds
3
Beds
1
Baths
1,056
Sq Ft
1920
Year Built
0.1
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 338 S Rural Street in Leeds, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Charming 3-bedroom, 1-bath home situated on a corner lot featuring a covered front porch, functional layout, and an unfinished basement offering additional storage or potential. This property provides a great opportunity for homeowners or investors looking for a home with solid space and future possibilities.
Key things to know
- Corner lot with covered front porch
- Unfinished basement with storage potential
- Original 1920s character
- Compact 1,056 sq ft footprint
Monthly payment
Estimate · $115,000
$654/mo
≈ $612 principal & interest · $42 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $23,000 on a loan of $92,000.
Price history
- Listedat $130,000
Apr 9, 2026
Recent comparable sales
$220,000
1466 N Drexel Avenue
2bd · 1ba · 918 sqft
Sold May 2026
$175,000
1126 N Lasalle Street
2bd · 1ba · 1,000 sqft
Sold May 2026
$189,900
1504 Wallace Avenue
2bd · 1ba · 744 sqft
Sold Apr 2026
$123,555
1519 Shannon Avenue
3bd · 1ba · 1,168 sqft
Sold Apr 2026
$152,000
729 N Euclid Avenue
2bd · 1ba · 768 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 34% 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$130,000Listed· Apr 9, 2026
21 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis2.3 mi
- Monon Trail (Carmel)13.6 mi
- IU Health North Hospital14.0 mi
- Carmel High School14.3 mi
- Carmel Central Park14.3 mi
- Carmel Arts & Design District14.9 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,056 sq ft
Year Built
1920
Stories
One
Subdivision
Leeds
Bedrooms
3
Bathrooms
1 full
School District
Indianapolis Public Schools