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$609,000346 N College Avenue
For Sale167 days on market

346 N College Avenue

Indianapolis, Indiana 46202

Lockerbie

$609,000

$670,000

Schedule a Showing

3

Beds

3

Baths

2,088

Sq Ft

1988

Year Built

0.12

Acres

Sheldon Barnes, Carmel Realtor

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Sheldon Barnes can help you tour 346 N College Avenue

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 346 N College Avenue in Lockerbie, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Motivated seller open to offers! Seller is willing to give credits for renovations/etc. Stunning home in the heart of downtown Lockerbie Square! Nestled in Indianapolis' oldest surviving residential neighborhood- dating back to the 1860s and the city's first designated historic district- this home blends timeless character with modern convenience. Inside, you'll find gorgeous woodwork, stained glass details, built in bookshelves, and a striking fireplace surround that showcase the home's craftsmanship. A spiral staircase leads to the third level, offering a spacious storage room already plumbed and ready to be transformed into a fourth bathroom. Third bedroom and versatile flex space/home office upstairs as well. Enjoy the ease of a 2.5 car detached garage with workshop space and alley access- parking this convenient is rare in Lockerbie! Ample storage and beautiful garden beds add to the appeal. Located just two minutes from the Bottleworks District, and offering effortless access to major freeways, this home puts you steps from downtown's vibrant restaurants, cafes, boutiques, entertainment, and more. Sellers are open to a paint/flooring credit. They lived in the home for 21 years! A truly special opportunity- homes like this rarely come to market. Virtual walkthrough link below!

Listed by Emily Huskey· Keller Williams Indy Metro S· MLS# 22073956

Key things to know

  • Original stained glass and built-in bookshelves
  • 2.5 car detached garage with workshop space
  • Spiral staircase to flex third floor with plumbed space for bath
  • Hardwood floors and high ceilings throughout
  • Steps from bottleworks district and downtown restaurants

Monthly payment

Estimate · $609,000

$4,497/mo

$3,241 principal & interest · $1,255 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $121,800 on a loan of $487,200.

Price history

  1. Price reduced$635,000 → $609,000

    May 5, 2026

  2. Listedat $670,000

    Nov 24, 2025

Sold
2
Median price
$1,375,000
Median DOM
141 days

Comparative value

5 comps in this range

This home is 49% above median for similar nearby sales.

$250K$550KMedian $408K
$609K

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

Bath Sinks Double MainBreakfast BarBuilt-in FeaturesHigh CeilingsEntrance FoyerHardwood FloorsHi-Speed Internet AvailblWalk-In Closet(s)Wood Work Stained

Climate

Heat: Forced AirCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $670,000Listed· Nov 24, 2025

  • $609,000Reduced

    $61,000 (9.1% off original)

167 days on market

Layout

Main
4 rooms844 sq ft
Upper
327 rooms1,244 sq ft

Primary suite

Closet Walk in

Primary bath

Shower Stall Full,Sinks Double,Suite

Schools

Indianapolis Public Schools

  • Elementary

    Washington Irving Neighborhood School

  • Middle

    H L Harshman Middle School

  • High

    Arsenal Technical High School

Neighborhood

  • Downtown Indianapolis0.7 mi
  • Monon Trail (Carmel)12.9 mi
  • Carmel Central Park13.4 mi
  • Carmel High School13.6 mi
  • IU Health North Hospital13.7 mi
  • Zionsville Community HS14.2 mi

PROPERTY DETAILS

Combined data from the listing and Hamilton County records

Living Area

2,088 sq ft

Year Built

1988

Stories

Three Or More

Subdivision

Lockerbie

Bedrooms

3

Bathrooms

2 full, 1 half

Garage

2 spaces

School District

Indianapolis Public Schools

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