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$195,000511 E Marion Avenue
For Sale39 days on market

511 E Marion Ave

Arcadia, Indiana 46030

Arcadia Land & Improv Co

2

Beds

1

Baths

840

Sq Ft

1950

Year Built

0.15

Acres

Sheldon Barnes, Carmel Realtor

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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 511 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.

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ABOUT THIS HOME

Don't miss this adorable 2 bedroom, 1 bath home in the heart of Arcadia. Situated on a nice sized lot this property features several updates including a new bathtub and surround, new bathroom vanity and sink, new laminated hardwood flooring & quarter round in both bedrooms and a brand new water heater in 2026. Property also features a detached 2 car garage & nice rear deck for relaxing after a long day. Close to Cicero & Noblesville & Morse Reservoir. Enjoy plenty of shopping & dining nearby. This cozy home is just what you are looking for!

Listed by Heather Hemphill· Key Realty Indiana· MLS# 22082516

Key things to know

  • New hardwood flooring in both bedrooms
  • Updated bathroom with new vanity and tub
  • Brand new water heater (2026)
  • Detached 2-car garage
  • Rear deck

Browse by room

13 rooms · 27 photos

Monthly payment

Estimate · $195,000

$1,140/mo

$1,038 principal & interest · $102 tax

Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $39,000 on a loan of $156,000.

Price history

  1. Price reduced$199,000 → $195,000

    May 9, 2026

  2. Listedat $210,000

    Feb 5, 2026

Sold
3
Median price
$230,000
Median DOM
11 days

Comparative value

5 comps in this range

This home is 11% below median for similar nearby sales.

$115K$427KMedian $220K
$195K

Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.

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.

AI-curated highlights

INSIDE THIS HOME

FEATURES & AMENITIES

Interior

Paddle FanHi-Speed Internet Availbl

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

AI-detected from photos

Vibe:contemporarytransitionalupdated

THE FACTS

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

Price history

  • $210,000Listed· Feb 5, 2026

  • $195,000Reduced

    $15,000 (7.1% off original)

39 days on market

Layout

Main
214 rooms840 sq ft

Schools

Hamilton Heights School Corp

    Neighborhood

    • Westfield High School10.6 mi
    • Hamilton Town Center12.7 mi
    • Hamilton Southeastern HS12.9 mi
    • Clay Terrace14.0 mi
    • Conner Prairie14.1 mi
    • Fishers High School14.2 mi

    PROPERTY DETAILS

    Combined data from the listing and Hamilton County records

    Living Area

    840 sq ft

    Year Built

    1953

    Stories

    One

    Subdivision

    Arcadia Land & Improv Co

    Bedrooms

    2

    Bathrooms

    1 full

    Garage

    2 spaces

    School District

    Hamilton Heights School Corp

    TAX ASSESSMENT

    Hamilton County assessed values for current year

    Total Assessed Value

    $166,300

    Land Value

    $29,700

    Land$29,700

    18% of total

    Improvement Value

    $136,600

    Improvements$136,600

    82% of total

    Annual tax · 2024
    $1,228
    Exemption
    Homestead

    PARCEL & LEGAL

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