Sheldon Barnes
For Sale — 4226 Norwaldo Avenue, Indianapolis, IN 462054226 Norwaldo Avenue
Indianapolis, Indiana 46205
Montrose
3
Beds
2
Baths
1,641
Sq Ft
2026
Year Built
0.13
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 4226 Norwaldo Avenue in Montrose, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Welcome to 4226 Norwaldo Ave-where affordability meets luxury in this brand-NEW CONSTRUCTION home! Inside, enjoy 10 ft ceilings, custom windows, LVP flooring, and a gourmet kitchen with quartz countertops, waterfall island, walk-in pantry, stainless steel appliances and so much more. The exterior features include Hardie board siding, Trex deck & porch, privacy fence, rear cement driveway and some security features for your peace of mind. Located in one of Indy's most connected areas, it's accessible to the Nickel Plate Trail and just blocks away from the Monon Trail and shopping & dining in Meridian-Kessler and Broad Ripple. Modern design, quality finishes, and an unbeatable location-come experience it today! This home is eligible for a 5k grant.
Key things to know
- 10 ft ceilings throughout
- Gourmet kitchen with quartz countertops and waterfall island
- Near monon trail and nickel plate trail access
- Trex deck and porch with privacy fence
- Move-in ready with heat pump
Browse by room
14 rooms · 39 photos
Monthly payment
Estimate · $325,000
$1,757/mo
≈ $1,730 principal & interest · $28 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $65,000 on a loan of $260,000.
Price history
- Price reduced$340,000 → $325,000
Apr 20, 2026
- Listedat $340,000
Apr 8, 2026
Montrose · activity
past 6 months
- Sold
- 13
- Median price
- $145,000
- Median DOM
- 12 days
Recent comparable sales
$180,000
2436 Guilford Avenue
3bd · 1ba · 1,920 sqft
Sold May 2026
$360,000
4822 Broadway Street
2bd · 1ba · 1,463 sqft
Sold May 2026
$133,000
4362 Evanston Avenue
3bd · 1ba · 1,193 sqft
Sold Apr 2026
$325,000
2450 Peoples Drive
3bd · 3ba · 1,526 sqft
Sold May 2026
$261,500
4549 Primrose Avenue
4bd · 2ba · 1,893 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 24% 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$340,000Listed· Apr 8, 2026
$325,000Reduced
↓ $15,000 (4.4% off original)
13 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Shower Stall Full,Sinks Double,Suite
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis4.8 mi
- Monon Trail (Carmel)8.7 mi
- Carmel Central Park9.3 mi
- Carmel High School9.3 mi
- IU Health North Hospital9.4 mi
- Carmel Arts & Design District10.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,641 sq ft
Year Built
2026
Stories
One
Subdivision
Montrose
Bedrooms
3
Bathrooms
2 full
School District
Indianapolis Public Schools