Sold — 504 E Marion Avenue, Arcadia, IN 46030
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Arcadia, Indiana and the rest of Hamilton County. Book a private tour of 504 E Marion Ave in Arcadia Land & Improv Co, ask any question about this home, or talk through what you should know about buying in Arcadia.
ABOUT THIS HOME
In the heart of Arcadia sits nearly one-third of an acre spread across a double lot, offering multiple possibilities for the next owner. Several neighbors have already chosen to build new in this charming Hamilton County town, and this property provides the same opportunity. Currently, the site features a 2-bedroom, 1-bath residence paired with a 3-car garage, large workshop, and underground storm shelter. The garage and workshop, already equipped with utilities, include a small kitchen and bathroom-perfect for tools, storage, and workspace. As a residence, the layout is simple and efficient, with cozy rooms that are affordable to heat and cool. With updated flooring and fresh paint, the home could be quickly refreshed. As an investment, the rental return makes sense for an expanding portfolio. And with 100% financing available-and connections to trusted contractors or builders-this versatile property can fit a wide range of goals.
$130,000
$155,000
In the heart of Arcadia sits nearly one-third of an acre spread across a double lot, offering multiple possibilities for the next owner. Several neighbors have already chosen to build new in this charming Hamilton County town, and this property provides the same opportunity. Currently, the site f...
876
Sq Ft
1973
Year Built
$118,500
Assessed Value
2
Bedrooms
Key things to know
- Sold 26% below list in 22 days
- 3-car garage
- Arcadia Land & Improv Co subdivision
Sold
$115,000
-$40,000 below list (-25.8%)
- Closed
- Oct 27, 2025
- Listed at
- $155,000
- Sold
- 6 months ago
- Sold in
- 22 days
Price history
- Sold$115,000
Oct 27, 2025
- Price reduced$139,500 → $130,000
Sep 29, 2025
- Listedat $155,000
Sep 17, 2025
Arcadia Land & Improv Co · activity
past 6 months
- Sold
- 3
- Median price
- $230,000
- Median DOM
- 11 days
Recent comparable sales
$426,800
9815 E 266th Street
3bd · 2ba · 1,032 sqft
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$245,000
206 Olive Street
2bd · 1ba · 1,116 sqft
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$159,000
218 Broadway Avenue
3bd · 1ba · 975 sqft
Sold Dec 2025
$220,000
507 E Marion Avenue
3bd · 2ba · 980 sqft
Sold Oct 2025
$220,000
400 E Hamilton Avenue
3bd · 1ba · 952 sqft
Sold May 2025
Comparative value
5 comps in this range
This home is 48% below median for similar nearby sales.
Sheldon Barnes
Real Estate Agent · Carmel Realty LLC
License No. RB21000235
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$155,000Listed· Sep 17, 2025
$130,000Reduced
↓ $25,000 (16.1% off original)
22 days on market
Layout
Schools
Hamilton Heights School Corp
Elementary
Hamilton Heights Elementary School
Middle
Hamilton Heights Middle School
High
Hamilton Heights High School
Neighborhood
- Westfield High School10.7 mi
- Hamilton Town Center12.7 mi
- Hamilton Southeastern HS13.0 mi
- Clay Terrace14.0 mi
- Conner Prairie14.1 mi
- Fishers High School14.3 mi
PROPERTY DETAILS
Living Area
876 sq ft
Year Built
1973
Stories
One
Subdivision
Arcadia Land & Improv Co
Bedrooms
2
Bathrooms
1 full
Garage
3 spaces
School District
Hamilton Heights School Corp
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$118,500
Land Value
$59,400
50% of total
Improvement Value
$59,100
50% of total
- Annual tax · 2024
- $2,132