Sheldon Barnes
For Sale — 5016 Carvel Avenue, Indianapolis, IN 462055016 Carvel Avenue
Indianapolis, Indiana 46205
Monticello
$435,000
Schedule a Showing3
Beds
2
Baths
2,058
Sq Ft
1948
Year Built
0.33
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 5016 Carvel Avenue
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 5016 Carvel Avenue in Monticello, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
On the Monon Trail with direct access to Broad Ripple, Carmel, and Downtown Indy. Tandem garage with a huge workshop and high ceilings in the back, previously used as an artist studio. Deep fenced backyard, attached carport, and a freshly seal coated driveway. New roof on house and garage. New kitchen offering soft-close cabinetry with crown molding, granite tops, tile backsplash, tile flooring, and new stainless steel appliances. Finish basement provides extra living space, and room to fit your lifestyle. Both bathrooms are updated and include ceramic tile flooring and surrounds. Owner's suite offers a ductless mini split upstairs for optimal comfort. Hardwood floors through main and upper levels.
Key things to know
- Finished basement (800 sqft)
- Monticello subdivision
Monthly payment
Estimate · $435,000
$2,777/mo
≈ $2,315 principal & interest · $462 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $87,000 on a loan of $348,000.
Price history
- Listedat $435,000
May 7, 2026
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
$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
$420,000
410 E 37th Street
4bd · 3ba · 2,437 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 34% 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
$435,000Listed· May 7, 2026
6 days on market
Layout
Primary bath
Shower Stall Full
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis5.4 mi
- Monon Trail (Carmel)7.9 mi
- Carmel Central Park8.4 mi
- Carmel High School8.6 mi
- IU Health North Hospital8.9 mi
- Carmel Arts & Design District9.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,058 sq ft
Year Built
1948
Stories
One and One Half
Subdivision
Monticello
Bedrooms
3
Bathrooms
2 full
Garage
2 spaces
School District
Indianapolis Public Schools