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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 438 E Vermont Street in Mansar Square, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Vermont Row in Desirable Historic Lockerbie! This prestigious location is considered the most walkable neighborhood in Downtown Indianapolis, owing to its proximity to shopping, dining, and cultural events. Vermont Row is a carefully planned development that takes full advantage of its historic location and architectural heritage, delivering interiors perfect for both sophisticated entertaining and gracious daily living. The large, light-filled entry leads to a formal living and dining room, which then opens to an impressive double-height great room. On the second floor, you'll find a spacious primary bedroom with a sunny balcony overlooking the city. The generous secondary suite is located just down the hall through a loft area that overlooks the great room and courtyard. A huge lower level offers a wet bar, a spacious family room with a gas fireplace, and another area for guests! The low-maintenance landscaping and elevator make this property ideal for a lock-and-leave lifestyle or as an alternative to condo living. Brand new water heater!

Listed by Joe Everhart· Everhart Studio, Ltd.· MLS# 22069313
Recently SoldSold in 167 days

$1,250,000

3Beds
4Baths
5,606Sq Ft

Vermont Row in Desirable Historic Lockerbie! This prestigious location is considered the most walkable neighborhood in Downtown Indianapolis, owing to its proximity to shopping, dining, and cultural events. Vermont Row is a carefully planned development that takes full advantage of its historic loca...

Listed by Joe Everhart· Everhart Studio, Ltd.· MLS# MBR22069313

5,606

Sq Ft

1999

Year Built

3

Bedrooms

4

Bathrooms

Key things to know

  • Sold 6.0% below list in 167 days
  • 2 fireplaces
  • Finished basement (1,234 sqft)
  • 3-car garage
  • Mansar Square subdivision

Sold

$1,175,000

-$75,000 below list (-6.0%)

Closed
May 5, 2026
Listed at
$1,250,000
Sold
1 week ago
Sold in
167 days

Price history

  1. Sold$1,175,000

    May 5, 2026

  2. Listedat $1,250,000

    Oct 21, 2025

Comparative value

5 comps in this range

This home is 25% above median for similar nearby sales.

$721K$1.4MMedian $940K
$1.2M

FEATURES & AMENITIES

Interior

High CeilingsKitchen IslandElevatorEntrance FoyerHardwood Floors

Climate

Heat: Forced AirCool: Central Air

THE FACTS

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

Price history

  • $1,250,000Listed· Oct 21, 2025

167 days on market

Layout

Main
15 rooms1,816 sq ft
Upper
324 rooms2,556 sq ft
Basement
12 rooms1,234 sq ft finished

Primary suite

Balcony

Primary bath

Suite,Tub Full,Tub Full with Separate Shower

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis0.6 mi
    • Monon Trail (Carmel)12.9 mi
    • Carmel Central Park13.3 mi
    • Carmel High School13.6 mi
    • IU Health North Hospital13.7 mi
    • Zionsville Community HS14.1 mi

    PROPERTY DETAILS

    Living Area

    5,606 sq ft

    Year Built

    1999

    Stories

    Two

    Subdivision

    Mansar Square

    Bedrooms

    3

    Bathrooms

    4 full

    Garage

    3 spaces

    School District

    Indianapolis Public Schools

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