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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 514 N Park Avenue in Lockerbie, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Located in sought-after Lockerbie Square & steps away from Mass Ave, this fabulous residence is perfect for easy living and entertaining. Natural light floods through expansive windows, creating an inviting atmosphere that instantly makes you feel at home. Engineered hardwood floors & designer finishes add style and class throughout the main and upper levels. The main floor is anchored by the living room with a cozy electric fireplace that beckons you to unwind after a long day. As you move through the space, you'll be drawn to the chef's kitchen, featuring top-tier appliances like a Sub-Zero refrigerator and double ovens, as well as a stunning tiled backsplash. Off the kitchen, the covered patio is an extension of your indoor living space, and the perfect spot for morning coffees or evening gatherings. The 2nd level family room is connected to a covered deck, giving you more indoor/outdoor entertaining and dining options. Two generously sized bedrooms connected by a Jack-and-Jill full bath and a conveniently located laundry room finish off this level. The third floor hosts the primary suite, featuring a large walk-in closet and an electric fireplace. The finished lower level includes the fourth bedroom as well as a generously sized rec room, complete with a KitchenAid wine fridge and bar area. A private elevator gives you ease of access throughout the home. Rare for the downtown area, this property also has a spacious three-car garage complemented by a wide driveway for your cars & guests! If all this wasn't enough, you're just steps away from the city's most vibrant restaurants and bars. Don't miss out!

Listed by Mary Wernke· Encore Sotheby's International· MLS# 22074128
SoldSold in 9 days

$1,375,000

4Beds
3.2Baths
4,400Sq Ft

Located in sought-after Lockerbie Square & steps away from Mass Ave, this fabulous residence is perfect for easy living and entertaining. Natural light floods through expansive windows, creating an inviting atmosphere that instantly makes you feel at home. Engineered hardwood floors & designer finis...

Listed by Mary Wernke· Encore Sotheby's International· MLS# MBR22074128

4,400

Sq Ft

2017

Year Built

4

Bedrooms

3.2

Bathrooms

Key things to know

  • Sold at list price in 9 days
  • 2 fireplaces
  • Finished basement (902 sqft)
  • 3-car garage
  • Lockerbie subdivision

Sold

$1,375,000

Closed
Jan 20, 2026
Sold
3 months ago
Sold in
9 days

Price history

  1. Sold$1,375,000

    Jan 20, 2026

  2. Listedat $1,375,000

    Dec 9, 2025

Sold
2
Median price
$1,375,000
Median DOM
141 days

Comparative value

5 comps in this range

This home is 47% above median for similar nearby sales.

$705K$1.2MMedian $935K
$1.4M

FEATURES & AMENITIES

Interior

Built-in FeaturesHigh CeilingsWalk-In Closet(s)Hardwood FloorsWet BarBreakfast BarPaddle FanEat-in KitchenElevatorEntrance FoyerHi-Speed Internet AvailblKitchen IslandPantrySmart ThermostatWired for Sound

Exterior

Balcony

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

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

Price history

  • $1,375,000Listed· Dec 9, 2025

9 days on market

Layout

Main
2 rooms1,026 sq ft
Upper
32.17 rooms2,472 sq ft
Basement
113 rooms902 sq ft finished

Primary suite

Closet Walk in,Fireplace

Primary bath

Shower Stall Full,Sinks Double,Tub Full with Separate Shower

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis0.7 mi
    • Monon Trail (Carmel)12.8 mi
    • Carmel Central Park13.2 mi
    • Carmel High School13.5 mi
    • IU Health North Hospital13.6 mi
    • Zionsville Community HS14.1 mi

    PROPERTY DETAILS

    Living Area

    4,400 sq ft

    Year Built

    2017

    Stories

    Three Or More

    Subdivision

    Lockerbie

    Bedrooms

    4

    Bathrooms

    3 full, 2 half

    Garage

    3 spaces

    School District

    Indianapolis Public Schools

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