
Sheldon Barnes
For Sale — 511 E Marion Avenue, Arcadia, IN 460302
Beds
1
Baths
840
Sq Ft
1950
Year Built
0.15
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 511 E Marion Ave
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.
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!
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
- Price reduced$199,000 → $195,000
May 9, 2026
- Listedat $210,000
Feb 5, 2026
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
Sold Mar 2026

$159,000
218 Broadway Avenue
3bd · 1ba · 975 sqft
Sold Dec 2025

$115,000
504 E Marion Avenue
2bd · 1ba · 876 sqft
Sold Oct 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 11% below median for similar nearby sales.
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
Climate
AI-detected from photos
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
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
18% of total
Improvement Value
$136,600
82% of total
- Annual tax · 2024
- $1,228
- Exemption
- Homestead
