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Sheldon Barnes, Carmel Realtor

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Sheldon Barnes can help you list 3501 W 16th Street

Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Whether you're ready to sell 3501 W 16th Street in Stephens or just curious what your home is worth in today's Indianapolis market, he can put together a no-pressure valuation.

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ABOUT THIS HOME

Don't miss this rare opportunity to own a dual-zoned residential and commercial property offering flexibility, functionality, and income potential-all in one! Located on the westside of town just minutes from Indianapolis Motor Speedway. This home has 3 bedrooms with 2 full baths. Come and see all this home has to offer!

Listed by Tamyra Jenkins· F.C. Tucker Company· MLS# 22092265
Recently SoldSold in 28 days

$199,900

$205,000

3Beds
2Baths
2,241Sq Ft

Don't miss this rare opportunity to own a dual-zoned residential and commercial property offering flexibility, functionality, and income potential-all in one! Located on the westside of town just minutes from Indianapolis Motor Speedway. This home has 3 bedrooms with 2 full baths. Come and see all ...

Listed by Tamyra Jenkins· F.C. Tucker Company· MLS# MBR22092265

2,241

Sq Ft

1929

Year Built

Off Market

Status

3

Bedrooms

2

Bathrooms

Key things to know

  • Sold 17% below list in 28 days
  • Dual residential and commercial zoning
  • 3 bedrooms, 2 full bathrooms
  • 2-car garage
  • Near indianapolis motor speedway

Browse by room

13 rooms · 41 photos

Sold

$170,000

-$35,000 below list (-17.1%)

Closed
May 18, 2026
Listed at
$205,000
Sold
3 weeks ago
Sold in
28 days

Price history

  1. Sold$170,000

    May 18, 2026

  2. Listedat $205,000

    Mar 30, 2026

Comparative value

5 comps in this range

This home is 26% below median for similar nearby sales.

$56K$280KMedian $230K
$170K

Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.

FEATURES & AMENITIES

Interior

Attic AccessPantry

Climate

Heat: ElectricHeat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

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

Price history

  • $205,000Listed· Mar 30, 2026

28 days on market

Layout

Main
215 rooms1,768 sq ft
Upper
11 rooms320 sq ft
Basement
1153 sq ft finished

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis3.5 mi
    • Zionsville Community HS12.2 mi
    • Carmel Central Park12.7 mi
    • Monon Trail (Carmel)13.0 mi
    • Carmel High School13.6 mi
    • Carmel Arts & Design District14.2 mi

    OFF-MARKET PROPERTY DETAILS

    Living Area

    2,241 sq ft

    Year Built

    1929

    Stories

    Two

    Subdivision

    Stephens

    Bedrooms

    3

    Bathrooms

    2 full

    Garage

    2 spaces

    School District

    Indianapolis Public Schools

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