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Sheldon Barnes, Carmel Realtor

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Sheldon Barnes can help you list 406 E 51st Street

Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Whether you're ready to sell 406 E 51st Street in Central Avenue Heights or just curious what your home is worth in today's Indianapolis market, he can put together a no-pressure valuation.

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ABOUT THIS HOME

Meridian-Kessler // This home is full of space, character, and potential and is waiting for someone ready to make it shine. Nestled in one of Indy's most beloved neighborhoods, this two story home with an attic and basement blends the warmth of original craftsmanship with the promise of a great investment on a double lot. Step through the enclosed front porch into a living room where wood-beam ceilings, hardwood floors, and a brick fireplace set the tone. A formal dining room and bright, open kitchen with a large island make for easy gatherings, while an additional living/media room adds versatility. Additional living/dining space towards the back of the home - complete with vaulted ceilings and access to the lush backyard - offers room to spread out. Upstairs, you'll find four bedrooms and two full baths, including a large primary suite with an en-suite bath and walk-in closet. The walk-up attic provides excellent storage, and the basement includes a full bath, a storage area, and a finishable room for future expansion. The detached garage currently serves as a dream workshop. Appraisal and inspection reports available upon request. Home to be sold as-is.

Listed by Lesli Gibson· Maywright Property Co.· MLS# 22069461
Recently SoldSold in 201 days

$425,000

$560,000

4Beds
3.1Baths
2,965Sq Ft

Meridian-Kessler // This home is full of space, character, and potential and is waiting for someone ready to make it shine. Nestled in one of Indy's most beloved neighborhoods, this two story home with an attic and basement blends the warmth of original craftsmanship with the promise of a great inve...

Listed by Lesli Gibson· Maywright Property Co.· MLS# MBR22069461

2,965

Sq Ft

1920

Year Built

Off Market

Status

4

Bedrooms

3.1

Bathrooms

Key things to know

  • Sold 26% below list in 201 days
  • Wood-beam ceilings and brick fireplace
  • 4 bedrooms, 4 bathrooms
  • Kitchen island, hardwood floors throughout
  • Finished attic and basement with room for expansion

Sold

$415,000

-$145,000 below list (-25.9%)

Closed
Jun 8, 2026
Listed at
$560,000
Sold
4 days ago
Sold in
201 days

Price history

  1. Sold$415,000

    Jun 8, 2026

  2. Price reduced$450,000 → $425,000

    Apr 28, 2026

  3. Listedat $560,000

    Oct 21, 2025

Comparative value

5 comps in this range

This home is 32% below median for similar nearby sales.

$395K$700KMedian $610K
$415K

Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.

FEATURES & AMENITIES

Interior

Kitchen IslandHardwood FloorsHi-Speed Internet AvailblWalk-In Closet(s)

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $560,000Listed· Oct 21, 2025

  • $425,000Reduced

    $135,000 (24.1% off original)

201 days on market

Layout

Main
6 rooms1,634 sq ft
Upper
425 rooms1,331 sq ft
Basement
13 rooms

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis5.3 mi
    • Monon Trail (Carmel)8.0 mi
    • Carmel Central Park8.3 mi
    • Carmel High School8.7 mi
    • IU Health North Hospital9.1 mi
    • Carmel Arts & Design District9.3 mi

    OFF-MARKET PROPERTY DETAILS

    Living Area

    2,965 sq ft

    Year Built

    1920

    Stories

    Two

    Subdivision

    Central Avenue Heights

    Bedrooms

    4

    Bathrooms

    3 full, 1 half

    Garage

    2 spaces

    School District

    Indianapolis Public Schools

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