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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 4438 Norwaldo Avenue in Montrose, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Freshly updated 3 bedroom brick bungalow for sale in SoBro! New durable vinyl plank flooring installed in most rooms, plus new interior paint for a clean and classic look. The kitchen and laundry closet have been enhanced with added counter space, new vents and outlets for efficiency and comfort. Enjoy the privacy of a fenced backyard, with a spacious 2-car detached garage for plenty of storage and security. Ideally located in the popular the south Broad Ripple neighborhood, you'll be just minutes from the Monon Trail, city parks, and vibrant local shopping. Don't miss out! This home is not for rent.

Listed by Jessica Bischoff· JRB Group· MLS# 22086975
Recently SoldSold in 46 days

$168,500

$175,000

3Beds
1Baths
906Sq Ft

Freshly updated 3 bedroom brick bungalow for sale in SoBro! New durable vinyl plank flooring installed in most rooms, plus new interior paint for a clean and classic look. The kitchen and laundry closet have been enhanced with added counter space, new vents and outlets for efficiency and comfort. En...

Listed by Jessica Bischoff· JRB Group· MLS# MBR22086975

906

Sq Ft

1958

Year Built

3

Bedrooms

1

Bathrooms

Key things to know

  • Sold 19% below list in 46 days
  • Montrose subdivision

Sold

$141,500

-$33,500 below list (-19.1%)

Closed
May 8, 2026
Listed at
$175,000
Sold
5 days ago
Sold in
46 days

Price history

  1. Sold$141,500

    May 8, 2026

  2. Price reduced$175,000 → $168,500

    Mar 19, 2026

  3. Listedat $175,000

    Mar 3, 2026

Sold
13
Median price
$145,000
Median DOM
12 days

Comparative value

5 comps in this range

This home is 34% below median for similar nearby sales.

$171K$265KMedian $215K
$142K

FEATURES & AMENITIES

Interior

Attic Access

Climate

Heat: Forced AirCool: Central Air

THE FACTS

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

Price history

  • $175,000Listed· Mar 3, 2026

  • $168,500Reduced

    $6,500 (3.7% off original)

46 days on market

Layout

Main
315 rooms906 sq ft

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis5.0 mi
    • Monon Trail (Carmel)8.4 mi
    • Carmel Central Park9.0 mi
    • Carmel High School9.1 mi
    • IU Health North Hospital9.1 mi
    • Carmel Arts & Design District9.7 mi

    PROPERTY DETAILS

    Living Area

    906 sq ft

    Year Built

    1958

    Stories

    One

    Subdivision

    Montrose

    Bedrooms

    3

    Bathrooms

    1 full

    Garage

    2 spaces

    School District

    Indianapolis Public Schools

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