Sheldon Barnes
For Sale — 3755 N Hawthorne Lane, Indianapolis, IN 462183755 N Hawthorne Lane
Indianapolis, Indiana 46218
No Subdivision
3
Beds
1
Baths
1,178
Sq Ft
1940
Year Built
0.24
Acres
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ABOUT THIS HOME
This 3-bedroom, 1-bath home offers 1,178 square feet of comfortable living space and brings in $1,125 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the east side of Indianapolis, it's close to schools, parks, and major roads. A dependable investment with consistent cash flow.
Key things to know
- Established $1,125/month rental income
- 3 bedrooms, 1 bath
- Central air and natural gas heat
- Near schools and parks
Monthly payment
Estimate · $140,000
$894/mo
≈ $745 principal & interest · $149 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $28,000 on a loan of $112,000.
Price history
- Price reduced$150,000 → $140,000
Apr 15, 2026
- Listedat $150,000
Jan 9, 2026
Recent comparable sales
$174,900
2601 Manlove Avenue
3bd · 1ba · 972 sqft
Sold May 2026
$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
$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 28% 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$150,000Listed· Jan 9, 2026
$140,000Reduced
↓ $10,000 (6.7% off original)
97 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis5.8 mi
- Monon Trail (Carmel)9.5 mi
- IU Health North Hospital9.5 mi
- Carmel High School10.2 mi
- Fishers High School10.4 mi
- Conner Prairie10.6 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,178 sq ft
Year Built
1940
Stories
One
Subdivision
No Subdivision
Bedrooms
3
Bathrooms
1 full
School District
Indianapolis Public Schools