Sheldon Barnes
For Sale — 4007 E State Road 46, Nashville, IN 474484007 E State Road 46
Nashville, Indiana 47448
No Subdivision
4
Beds
3
Baths
2,024
Sq Ft
1968
Year Built
1.9
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Nashville, Indiana and the rest of Hamilton County. Book a private tour of 4007 E State Road 46, ask any question about this home, or talk through what you should know about buying in Nashville.
ABOUT THIS HOME
Discover this exceptional property, formerly the residence of the esteemed local artist, John Elmore. This estate sale presents a rare and advantageous opportunity to acquire this home "as-is." Boasting a thoughtfully designed layout, the property features a comfortable living space with 4 bedrooms, 2 full bathrooms, and 1 half bathroom, complemented by a spacious living room that includes a functional gas fireplace, creating the perfect ambiance for cozy evenings. Whether you relish the charm of indoor gatherings or the vibrancy of outdoor entertaining, this versatile residence effortlessly caters to both preferences, offering unparalleled flexibility. The property's unique character extends beyond the main house, featuring a detached building that houses a total of 5 garages (approximately 50'X20') and one expansive approximately+ 14'X40" RV garage (complete with electric hookup), all surrounding a studio area, which provides an abundance of space suitable for artistic endeavors, relaxation, or hosting memorable events. Step into the backyard, where an inviting entertaining area awaits, complete with an approximately 15'X15' gazebo, featuring a built-in bar and a captivating large open fire pit with a central chimney. Furthermore, the previous owner thoughtfully incorporated an on-site showroom, meticulously designed to showcase his remarkable artwork, adding another layer of character to this extraordinary property.
Key things to know
- 5-car garage plus 14'x40' RV garage with electric hookup
- Detached studio and showroom space for art or events
- 15'x15' gazebo with built-in bar and fire pit
- 1.9-acre lot with entertaining areas
- Gas fireplace in living room
Browse by room
15 rooms · 121 photos
Monthly payment
Estimate · $350,000
$1,946/mo
≈ $1,863 principal & interest · $83 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $70,000 on a loan of $280,000.
Price history
- Price reduced$375,000 → $350,000
Apr 20, 2026
- Listedat $425,000
Nov 4, 2025
Recent comparable sales
$180,000
1162 E Old St Rd 46
3bd · 2ba · 1,798 sqft
Sold Sep 2002
$270,000
9007 E Agate Avenue
3bd · 4ba · 1,927 sqft
Sold Feb 2009
$359,000
6979 Rinnie Seitz Road
3bd · 2ba · 1,512 sqft
Sold Apr 2026
$450,000
568 McGee Road
3bd · 3ba · 2,048 sqft
Sold Mar 2026
$307,500
4654 Lower Schooner Road
3bd · 2ba · 1,436 sqft
Sold Mar 2026
Comparative value
5 comps in this range
This home is 14% above 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
$425,000Listed· Nov 4, 2025
$350,000Reduced
↓ $75,000 (17.6% off original)
175 days on market
Layout
Schools
Brown County School Corporation
Middle
Brown County Junior High
High
Brown County High School
Neighborhood
- Downtown Indianapolis40.1 mi
- Monon Trail (Carmel)53.3 mi
- Zionsville Community HS53.6 mi
- Carmel Central Park53.7 mi
- IU Health North Hospital53.7 mi
- Carmel High School54.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,024 sq ft
Year Built
1968
Stories
Two
Subdivision
No Subdivision
Bedrooms
4
Bathrooms
2 full, 1 half
Garage
4 spaces
School District
Brown County School Corporation