
Sheldon Barnes
For Sale — 5159 E Edgewood Avenue, Indianapolis, IN 462375159 E Edgewood Avenue
Indianapolis, Indiana 46237
No Subdivision
3
Beds
1
Baths
960
Sq Ft
1950
Year Built
1.5
Acres
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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 5159 E Edgewood Avenue, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Come check out well-updated 3-bedroom, 1-bath home sitting on a spacious 1.5-acre lot, offering both comfort and privacy. This property features a detached 2-car garage and a long list of recent upgrades, including a new roof, new flooring throughout, new water heater, new gutters, and a new well pressure pump and tank. Inside, you'll find a bright and functional layout with baseboard heating and updated windows that bring in plenty of natural light. The home has been thoughtfully maintained and improved, making it move-in ready while still offering room to make it your own. Enjoy the open outdoor space with plenty of room for recreation, gardening, or future expansion. Conveniently located near the highway, this home offers easy access for commuting while still providing a peaceful, rural setting. A great opportunity for anyone looking for space, updates, and location all in one.
Key things to know
- 1.5-acre lot with privacy and space
- New roof, flooring, water heater, gutters, well pump
- High ceilings and bright natural light
- Detached 2-car garage
- Near highway for commuting
Monthly payment
Estimate · $280,000
$1,673/mo
≈ $1,490 principal & interest · $183 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $56,000 on a loan of $224,000.
Price history
- Listedat $299,000
Apr 23, 2026
Recent comparable sales

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Comparative value
5 comps in this range
This home is 51% above median for similar nearby sales.
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.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$299,000Listed· Apr 23, 2026
15 days on market
Layout
Schools
Franklin Community School Corp
Middle
Franklin Community Middle School
High
Franklin Community High School
Neighborhood
- Downtown Indianapolis7.4 mi
- Monon Trail (Carmel)19.3 mi
- IU Health North Hospital19.5 mi
- Carmel High School20.0 mi
- Fishers High School20.1 mi
- Carmel Central Park20.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
960 sq ft
Year Built
1950
Stories
One
Subdivision
No Subdivision
Bedrooms
3
Bathrooms
1 full
Garage
2 spaces
School District
Franklin Community School Corp
