Sheldon Barnes
For Sale — 3557 Forest Manor Avenue, Indianapolis, IN 462183557 Forest Manor Avenue
Indianapolis, Indiana 46218
Stewarts Forest Manor
$120,000
Schedule a Showing3
Beds
1
Baths
1,524
Sq Ft
1947
Year Built
0.15
Acres
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Sheldon Barnes can help you tour 3557 Forest Manor 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 3557 Forest Manor Avenue in Stewarts Forest Manor, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Opportunity is knocking! This previously leased home is priced for a cash buyer and offers great potential for investors or buyers looking to add value. The home features two main-level bedrooms, providing convenient single-floor living, along with a versatile loft space that can easily function as a third bedroom, home office, creative studio, or flex area to suit your needs. Situated on Indianapolis's east side, the property is located in an established neighborhood with easy access to major roadways, making commuting to downtown Indianapolis, local employers, and surrounding areas straightforward. Residents enjoy proximity to shopping, dining, and everyday conveniences, as well as nearby parks and green spaces for outdoor recreation. The area continues to see investment and redevelopment, adding to its long-term potential.
Key things to know
- Stewarts Forest Manor subdivision
Monthly payment
Estimate · $120,000
$817/mo
≈ $639 principal & interest · $178 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $24,000 on a loan of $96,000.
Price history
- Listedat $120,000
May 6, 2026
Recent comparable sales
$227,500
2528 E 17th Street
2bd · 2ba · 1,322 sqft
Sold May 2026
$197,000
4848 E 34th Street
3bd · 2ba · 1,104 sqft
Sold May 2026
$160,000
3614 Ralston Avenue
3bd · 2ba · 1,910 sqft
Sold Apr 2026
$195,000
2740 N Rural Street
3bd · 2ba · 1,082 sqft
Sold May 2026
$159,500
3448 Hillside Avenue
4bd · 1ba · 1,305 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 38% 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
$120,000Listed· May 6, 2026
1 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis4.9 mi
- Monon Trail (Carmel)9.5 mi
- IU Health North Hospital9.8 mi
- Carmel High School10.2 mi
- Carmel Central Park10.5 mi
- Carmel Arts & Design District10.8 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,524 sq ft
Year Built
1947
Stories
One and One Half
Subdivision
Stewarts Forest Manor
Bedrooms
3
Bathrooms
1 full
Garage
1 spaces
School District
Indianapolis Public Schools