Sheldon Barnes
For Sale — 3712 E Edgewood Avenue, Indianapolis, IN 462273712 E Edgewood Avenue
Indianapolis, Indiana 46227
No Subdivision
6
Beds
7
Baths
6,938
Sq Ft
2017
Year Built
3.07
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 3712 E Edgewood 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 3712 E Edgewood Avenue, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
An extraordinary opportunity to complete a custom contemporary ranch estate offering nearly 12,000 square feet under roof on 3.077 private acres in South Indianapolis. The structural shell is complete, including foundation, framing, roof, and exterior siding-providing a substantial head start on what is designed to be a 6-bedroom, 5 full bath, 1 half bath luxury residence. With 6,938 square feet above grade and an additional 4,922 square foot basement, the scale and layout allow for exceptional potential for a theater, fitness studio, wine cellar, recreation areas, or multi-generational living, and premium lifestyle amenities. The generous acreage provides privacy rarely found in this corridor while maintaining convenient access to major highways, downtown Indianapolis, and surrounding amenities. This is an exceptional opportunity for a custom homeowner, luxury builder, or investor to complete and personalize a contemporary estate with significant upside potential. Architectural scale, acreage, and structure are already in place-bring your vision to life. For the discerning buyer seeking architectural scale, privacy, and the ability to design a signature estate - this is a rare opportunity to complete a luxury residence without starting from raw land. Eligible buyers may use Construction-to-Permanent loans, FHA 203(k), or standard construction financing to complete the home. Bring your architect, your builder, and your vision - the groundwork is already done.
Key things to know
- 3.07 private acres with privacy and highway access
- Structural shell complete—foundation, framing, roof, siding done
- Nearly 12,000 sq ft under roof total
- Flexible layout for theater, fitness, wine cellar, or multigenerational living
- 4-car garage and mini/pole barns
Monthly payment
Estimate · $500,000
$3,115/mo
≈ $2,661 principal & interest · $453 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $100,000 on a loan of $400,000.
Price history
- Price reduced$550,000 → $500,000
Apr 2, 2026
- Listedat $550,000
Feb 24, 2026
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
$550,000Listed· Feb 24, 2026
$500,000Reduced
↓ $50,000 (9.1% off original)
38 days on market
Layout
Schools
Perry Township Schools
Neighborhood
- Downtown Indianapolis6.7 mi
- Monon Trail (Carmel)19.2 mi
- IU Health North Hospital19.5 mi
- Carmel High School19.9 mi
- Carmel Central Park19.9 mi
- Fishers High School20.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
6,938 sq ft
Year Built
2017
Stories
Two
Subdivision
No Subdivision
Bedrooms
6
Bathrooms
6 full, 1 half
Garage
4 spaces
School District
Perry Township Schools