Sheldon Barnes
For Sale — 4230 N Sherman Drive, Indianapolis, IN 462264230 N Sherman Drive
Indianapolis, Indiana 46226
1st Add
2
Beds
1
Baths
2,280
Sq Ft
1958
Year Built
0.53
Acres
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ABOUT THIS HOME
Meticulously maintained Ranch home with solid limestone construction meets timeless charm nestled on over half an acre in Washington Township. Built with quality that's hard to find today, this move-in ready home offers a warm and functional layout featuring a living room, dining room, kitchen, two comfortable bedrooms, and a full bath. A bright sunroom adds bonus living space perfect for morning coffee, a reading nook, or relaxing year-round. The full basement nearly doubles your usable square footage and provides abundant storage space - a rare find at this price point. A classic fireplace anchors the main living area, while central heating and air conditioning keep things comfortable in every season. All utilities are included, making this an exceptionally easy and affordable place to call home. Outside, the attached two-car garage and expansive half-acre lot give you plenty of room to park, tinker, garden, or simply enjoy the outdoors. Dated in all the right ways - classic character, good bones, and a home that has clearly been loved and well cared for. Whether you're a first-time buyer, downsizer, or savvy investor, this one delivers lasting value and everyday comfort.
Key things to know
- Limestone construction with strong bones
- Full basement nearly doubles usable space
- Sunroom for bonus living area
- Fireplace in main living area
- Half-acre lot with 2-car garage
Monthly payment
Estimate · $169,900
$1,042/mo
≈ $904 principal & interest · $138 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $33,980 on a loan of $135,920.
Price history
- Price reduced$199,900 → $169,900
May 8, 2026
- Listedat $299,900
Mar 6, 2026
Recent comparable sales
$340,000
4406 Radnor Road
3bd · 2ba · 2,580 sqft
Sold May 2026
$202,000
8423 Athens Court
3bd · 2ba · 1,653 sqft
Sold Apr 2026
$210,000
4808 Devon Drive
3bd · 2ba · 1,859 sqft
Sold Apr 2026
$255,000
4614 N Ritter Avenue
3bd · 2ba · 1,653 sqft
Sold Apr 2026
$219,400
7675 E 51st Street
3bd · 2ba · 2,320 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 23% 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
$299,900Listed· Mar 6, 2026
$169,900Reduced
↓ $130,000 (43.3% off original)
64 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Handicap Accessible
Schools
MSD Washington Township
Neighborhood
- Downtown Indianapolis5.4 mi
- Monon Trail (Carmel)8.7 mi
- IU Health North Hospital9.0 mi
- Carmel High School9.4 mi
- Carmel Central Park9.6 mi
- Carmel Arts & Design District10.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,280 sq ft
Year Built
1958
Stories
One
Subdivision
1st Add
Bedrooms
2
Bathrooms
1 full
Garage
2 spaces
School District
MSD Washington Township