Sheldon Barnes
For Sale — 511 Tomahawk Street, Sheridan, IN 460693
Beds
3
Baths
2,179
Sq Ft
2006
Year Built
0.24
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Sheridan, Indiana and the rest of Hamilton County. Book a private tour of 511 Tomahawk St in Sheridan Estates, ask any question about this home, or talk through what you should know about buying in Sheridan.
ABOUT THIS HOME
This charming two story home in the heart of Sheridan is the perfect fit for a first time buyer or a savvy investor looking for strong rental income. With three bedrooms, two and a half baths, and a massive loft that can be used as a game room, second living space, or home office, there's room for everyone to spread out. The open main level flows easily into the large deck and nice sized backyard, creating a great space for relaxing or entertaining. The oversized garage offers plenty of parking and extra space for storage or a workshop. Built in 2006 and well maintained, this home is move-in ready and set in a community that's seeing homes sell quickly and values on the rise. Rental potential is strong, with estimated income over $2,100 per month, making this a smart addition to any portfolio. Sheridan combines small town charm with the convenience of being only about 30 minutes from Indianapolis.
Key things to know
- Versatile loft space for game room, office, or living area
- Open main floor flowing to large deck and backyard
- Oversized 2-car garage with workshop/storage potential
- Three bedrooms, two and a half baths
- Well-maintained and move-in ready
Browse by room
11 rooms · 32 photos
Monthly payment
Estimate · $306,500
$1,870/mo
≈ $1,631 principal & interest · $230 tax · $8 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $61,300 on a loan of $245,200.
Price history
- Price reduced$315,000 → $306,500
Apr 1, 2026
- Listedat $315,000
Aug 6, 2025
Sheridan Estates · activity
past 6 months
- Sold
- 2
- Median price
- $118,000
- Median DOM
- 156 days
Recent comparable sales
$260,000
202 S Linden Lane
3bd · 2ba · 1,534 sqft
Sold May 2026
$314,900
1453 Silver Pine Lane
3bd · 2ba · 1,825 sqft
Sold May 2026
$329,000
19416 Atwater
3bd · 2ba · 1,632 sqft
Sold May 2026
$2,150,000
21749 Oak Ridge Road
4bd · 3ba · 2,000 sqft
Sold May 2026
$335,000
19537 Atwater Avenue
2bd · 2ba · 1,615 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 6.8% 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
Exterior
Climate
AI-detected from photos
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$315,000Listed· Aug 6, 2025
$306,500Reduced
↓ $8,500 (2.7% off original)
255 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Tub Full with Shower,Tub Garden
Schools
Sheridan Community Schools
Neighborhood
- Westfield High School8.0 mi
- Clay Terrace10.7 mi
- Zionsville Community HS11.5 mi
- Carmel Central Park11.7 mi
- Carmel Arts & Design District11.9 mi
- Carmel High School12.4 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,179 sq ft
Year Built
2006
Stories
Two
Lot Size
0.24 acres
Subdivision
Sheridan Estates
Section 2
Bedrooms
3
Bathrooms
2 full, 1 half
Garage
2 spaces
School District
Sheridan Community Schools
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$276,500
Land Value
$60,000
22% of total
Improvement Value
$216,500
78% of total
- Annual tax · 2024
- $2,762
- Exemption
- Homestead
PARCEL & LEGAL
Lot / Section
Section 2