
Sheldon Barnes
For Sale — 349 N Arsenal Avenue, Indianapolis, IN 46201349 N Arsenal Avenue
Indianapolis, Indiana 46201
Arsenals
$575,000
Schedule a Showing3
Beds
4
Baths
2,269
Sq Ft
2018
Year Built
0.09
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 349 N Arsenal Avenue in Arsenals, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Set along a slightly elevated stretch of Holy Cross, this quality 2018 build offers a modern layout in one of Indy's most established near-eastside neighborhoods. Just minutes from downtown, with bike lane access right outside your door, it's an easy connection to the city's dining, trails, and daily conveniences. Positioned near Highland Park, known for some of the best skyline views in the city, and just a block from the esplanade that is home to the annual Holy Cross Wine & Cheese Festival. The main level is open and inviting, with engineered hardwoods running throughout. The kitchen features a large island, crisp cabinetry, stainless steel appliances, and a generous pantry, with an easy flow into the dining and living spaces. A nearby mudroom and half bath add everyday convenience, while sliding doors off the kitchen lead to a deck and fully fenced backyard with a gas line in place for grilling. Upstairs, vaulted ceilings carry through two true suites, including one with a large walk-in closet. A built-in workspace and laundry sit between them, making the layout feel intentional and efficient. The finished basement adds a second living area, third bedroom, and full bath; ideal for guests, work-from-home, or additional living space. Well maintained with updates including a tankless water heater, new water softener, and garage pre-wiring for an EV charger. With clean lines, a cohesive finish level, and an easy-living layout, this one stands out in a way that feels both elevated and comfortable.
Key things to know
- Open main level with kitchen island and vaulted ceilings
- Finished basement with third bedroom and full bath
- Two true suites upstairs with walk-in closet
- Fenced backyard with gas grill line and deck
- Bike lane access, near downtown and Highland Park
Monthly payment
Estimate · $575,000
$3,558/mo
≈ $3,060 principal & interest · $497 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $115,000 on a loan of $460,000.
Price history
- Listedat $575,000
May 1, 2026
Recent comparable sales

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Comparative value
5 comps in this range
This home is 42% above 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
$575,000Listed· May 1, 2026
1 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Sinks Double,Tub Full with Shower
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis1.3 mi
- Monon Trail (Carmel)12.9 mi
- Carmel Central Park13.5 mi
- IU Health North Hospital13.6 mi
- Carmel High School13.6 mi
- Carmel Arts & Design District14.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,269 sq ft
Year Built
2018
Stories
Two
Subdivision
Arsenals
Bedrooms
3
Bathrooms
3 full, 1 half
Garage
2 spaces
School District
Indianapolis Public Schools
