Sheldon Barnes
For Sale — 409 Parkway Avenue, Indianapolis, IN 46225409 Parkway Avenue
Indianapolis, Indiana 46225
Dunlop & Tutewilers
4
Beds
1
Baths
1,459
Sq Ft
1952
Year Built
0.08
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 409 Parkway Avenue in Dunlop & Tutewilers, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Nestled at 409 Parkway AVE, INDIANAPOLIS, IN, this single-family residence presents a compelling opportunity for those with vision. This property offers a great investment opportunity for the discerning buyer. With 1459 square feet of living area, this residence contains four bedrooms, providing ample space for a variety of living arrangements. Imagine the possibilities within these walls, crafting personalized sanctuaries of rest and rejuvenation. Resting on a 3311 square feet lot, the property allows for outdoor enjoyment. Envision creating your own outdoor haven, perfect for relaxation and recreation. Built in 1952, this one and a half story home stands as a testament to enduring construction. Consider the potential to blend classic charm with modern updates. This residence on Parkway AVE is poised to become a cornerstone of comfortable living, blending potential with location to create an exceptional opportunity.
Key things to know
- Hardwood floors
- 4 bedrooms
- Walk-in closet(s)
- Central air
- 1.5-story classic construction
Monthly payment
Estimate · $160,000
$1,088/mo
≈ $852 principal & interest · $237 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $32,000 on a loan of $128,000.
Price history
- Price reduced$170,000 → $160,000
Feb 25, 2026
- Listedat $215,000
May 29, 2025
Recent comparable sales
$300,000
333 Lincoln Street
4bd · 3ba · 1,716 sqft
Sold Apr 2026
$60,000
2117 Webb Street
3bd · 1ba · 1,402 sqft
Sold May 2026
$68,500
2165 S Meridian Street
3bd · 1ba · 1,558 sqft
Sold May 2026
$239,000
35 Iowa Street
3bd · 3ba · 1,400 sqft
Sold Apr 2026
$182,000
2828 S Illinois Street
3bd · 1ba · 1,224 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 12% 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$215,000Listed· May 29, 2025
$160,000Reduced
↓ $55,000 (25.6% off original)
299 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Tub Full with Shower
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis1.4 mi
- Monon Trail (Carmel)14.6 mi
- Carmel Central Park15.0 mi
- Carmel High School15.3 mi
- IU Health North Hospital15.3 mi
- Zionsville Community HS15.6 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,459 sq ft
Year Built
1952
Stories
One and One Half
Subdivision
Dunlop & Tutewilers
Bedrooms
4
Bathrooms
1 full
School District
Indianapolis Public Schools