Sheldon Barnes
For Sale — 518 E Miami Street, Indianapolis, IN 46202518 E Miami Street
Indianapolis, Indiana 46202
Desoto Townhomes
2
Beds
3
Baths
1,659
Sq Ft
2006
Year Built
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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 518 E Miami Street in Desoto Townhomes, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Enjoy a vibrant urban setting in this move-in ready contemporary townhome which offers a refined living experience in a prime location near Mass Ave and the city center. Welcome guests in either the main level great room with cozy gas fireplace and ceiling fan or in the lower-level rec/flex space. Lower level would also make a good home office. The island kitchen impresses with granite countertops, a pantry, and all appliances included. You'll enjoy the gas stove for cooking up your favorite dishes! Freshly painted with new carpet and rich hardwoods, the townhome features two spacious ensuite bedrooms. The primary suite boasts a luxury bath with separate tub and shower along with a walk-in closet. Main level powder room, and thoughtfully designed living spaces across all levels. A dedicated laundry room with washer and dryer add convenience, while city views and a two-car garage complete the package. Included Home Warranty provides peace of mind for a full year.
Key things to know
- Luxury primary bath with separate tub and shower
- Two ensuite bedrooms
- Island kitchen with granite counters and all appliances
- Hardwood floors and high ceilings
- Two-car garage and dedicated laundry room
Monthly payment
Estimate · $425,000
$3,097/mo
≈ $2,262 principal & interest · $468 tax · $367 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $85,000 on a loan of $340,000.
Price history
- Price reduced$430,000 → $425,000
May 9, 2026
- Listedat $460,000
Mar 27, 2026
Recent comparable sales
$408,000
2018 N Talbott Street
3bd · 3ba · 2,016 sqft
Sold May 2026
$250,000
1901 Carrollton Avenue
3bd · 1ba · 1,472 sqft
Sold May 2026
$425,600
510 E Vermont Street
2bd · 3ba · 1,938 sqft
Sold May 2026
$378,900
1718 Alvord Street
2bd · 3ba · 1,591 sqft
Sold May 2026
$375,500
1204 Polk Street
3bd · 3ba · 1,410 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 12% 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
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$460,000Listed· Mar 27, 2026
$425,000Reduced
↓ $35,000 (7.6% off original)
44 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Sinks Double,Tub Full with Separate Shower,Tub Garden,Suite
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis0.5 mi
- Monon Trail (Carmel)13.1 mi
- Carmel Central Park13.5 mi
- Carmel High School13.8 mi
- IU Health North Hospital13.9 mi
- Zionsville Community HS14.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,659 sq ft
Year Built
2006
Stories
Three Or More
Subdivision
Desoto Townhomes
Bedrooms
2
Bathrooms
2 full, 1 half
Garage
2 spaces
School District
Indianapolis Public Schools