Sheldon Barnes
For Sale — 48 Gazebo Drive, Indianapolis, IN 4622748 Gazebo Drive
Indianapolis, Indiana 46227
Meridian Place
$235,000
Schedule a Showing3
Beds
2
Baths
1,159
Sq Ft
2005
Year Built
0.1
Acres
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Sheldon Barnes can help you tour 48 Gazebo Drive
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 48 Gazebo Drive in Meridian Place, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Welcome to this well-maintained 3-bedroom, 2-bath ranch offering comfort, simplicity, and convenience in the established Meridian Place community. With a functional single-level layout and inviting living spaces, this home is ready for its next chapter-whether as a primary residence or a turnkey addition to an investment portfolio. The living room features a vaulted ceiling and cozy wood-burning fireplace, creating an open and comfortable atmosphere for everyday living. The kitchen flows easily into the dining area, making the space practical for both daily routines and casual gatherings. The primary suite offers a walk-in closet and private full bath, while two additional bedrooms provide flexibility for guests, workspace, or hobbies. Fresh interior paint and recent cleaning give the home a bright, refreshed feel throughout. Outside, enjoy a patio area and backyard space perfect for relaxing or entertaining. A two-car attached garage adds convenience and storage. Ideally located with quick access to I-465, US-31, shopping, dining, and everyday amenities, this property offers both comfort and accessibility in a convenient Southside location. Schedule your showing today and explore the possibilities this home has to offer.
Key things to know
- Vaulted ceiling with wood-burning fireplace
- Primary suite with walk-in closet and private bath
- Eat-in kitchen flowing to dining area
- Smart thermostat
- 2-car attached garage
Browse by room
5 rooms · 33 photos
Monthly payment
Estimate · $235,000
$1,711/mo
≈ $1,251 principal & interest · $438 tax · $23 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $47,000 on a loan of $188,000.
Price history
- Listedat $235,000
Mar 4, 2026
Meridian Place · activity
past 6 months
- Sold
- 3
- Median price
- $190,000
- Median DOM
- 9 days
Recent comparable sales
Comparative value
5 comps in this range
This home is 11% 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
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$235,000Listed· Mar 4, 2026
3 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Tub Full with Shower
Schools
Perry Township Schools
Neighborhood
- Downtown Indianapolis4.8 mi
- Monon Trail (Carmel)18.0 mi
- Carmel Central Park18.4 mi
- Carmel High School18.7 mi
- IU Health North Hospital18.7 mi
- Zionsville Community HS18.8 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,159 sq ft
Year Built
2005
Stories
One
Subdivision
Meridian Place
Bedrooms
3
Bathrooms
2 full
Garage
2 spaces
School District
Perry Township Schools