Sheldon Barnes
For Sale — 3742 S Walcott Street, Indianapolis, IN 462273742 S Walcott Street
Indianapolis, Indiana 46227
University Heights
3
Beds
1
Baths
1,150
Sq Ft
1968
Year Built
0.11
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 3742 S Walcott Street in University Heights, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Location, Location, Location! Welcome to 3742 S Walcott St, a charming 3-bedroom, 1-bathroom ranch-style home with a fenced in backyard, that's all about location, convenience, and community. This 1150 sq ft gem, sits in the heart of University Heights, just minutes from the University of Indianapolis, making it perfect for first-time buyers, investors, or anyone craving a cozy, accessible lifestyle. Say goodbye to long commutes! With I-74 and I-465 just minutes away, you're connected to the entire city. Work, school, shopping, or fun-everything is within easy reach.
Key things to know
- Hardwood floors
- Fenced backyard with fire pit
- Smart thermostat
- Minutes from I-74 and I-465
- Near University of Indianapolis
Browse by room
11 rooms · 21 photos
Monthly payment
Estimate · $185,000
$1,184/mo
≈ $985 principal & interest · $199 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $37,000 on a loan of $148,000.
Price history
- Price reduced$195,000 → $185,000
Jan 29, 2026
- Listedat $200,000
Sep 26, 2025
Recent comparable sales
Comparative value
5 comps in this range
This home is 13% 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
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$200,000Listed· Sep 26, 2025
$185,000Reduced
↓ $15,000 (7.5% off original)
127 days on market
Layout
Schools
Perry Township Schools
Neighborhood
- Downtown Indianapolis4.2 mi
- Monon Trail (Carmel)17.1 mi
- IU Health North Hospital17.6 mi
- Carmel Central Park17.7 mi
- Carmel High School17.8 mi
- Carmel Arts & Design District18.4 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,150 sq ft
Year Built
1968
Stories
One
Subdivision
University Heights
Bedrooms
3
Bathrooms
1 full
School District
Perry Township Schools