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Sheldon Barnes, Carmel Realtor

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Sheldon Barnes can help you tour 518 N Indiana Street

Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Greencastle, Indiana and the rest of Hamilton County. Book a private tour of 518 N Indiana Street, ask any question about this home, or talk through what you should know about buying in Greencastle.

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ABOUT THIS HOME

Opportunity is knocking with this early 20th century home. This property is ready for renovation and offers incredible potential for the right buyer looking to restore, flip, or add to their rental portfolio. This property is walking distance to downtown Greencastle. It also has an updated detached 1 car garage. Bring your contractor and your imagination. This is a chance to transform character into equity! This home does not qualify for FHA, VA or USDA loans. Cash or 203K rehab loan only. Interior of house has been demoed and all measurements are approximate.

Listed by Jodi Sutherlin· RE/MAX Cornerstone· MLS# 22085038
SoldSold in 23 days

$19,000

$25,000

2Beds
2Baths
1,044Sq Ft

Opportunity is knocking with this early 20th century home. This property is ready for renovation and offers incredible potential for the right buyer looking to restore, flip, or add to their rental portfolio. This property is walking distance to downtown Greencastle. It also has an updated detached...

Listed by Jodi Sutherlin· RE/MAX Cornerstone· MLS# MBR22085038

1,044

Sq Ft

1900

Year Built

2

Bedrooms

2

Bathrooms

Key things to know

  • Sold 42% below list in 23 days

Sold

$14,600

-$10,400 below list (-41.6%)

Closed
Mar 19, 2026
Listed at
$25,000
Sold
1 month ago
Sold in
23 days

Price history

  1. Sold$14,600

    Mar 19, 2026

  2. Price reduced$25,000 → $19,000

    Mar 11, 2026

  3. Listedat $25,000

    Feb 18, 2026

Comparative value

5 comps in this range

This home is 93% below median for similar nearby sales.

$161K$225KMedian $199K
$15K

FEATURES & AMENITIES

Interior

Hi-Speed Internet Availbl

Climate

Heat: NoneCool: None

THE FACTS

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

Price history

  • $25,000Listed· Feb 18, 2026

  • $19,000Reduced

    $6,000 (24.0% off original)

23 days on market

Layout

Main
14 rooms564 sq ft
Upper
212 rooms480 sq ft

Primary suite

See Remarks

Schools

Greencastle Community School Corp

  • Middle

    Greencastle Middle School

  • High

    Greencastle Senior High School

Neighborhood

  • Downtown Indianapolis38.5 mi
  • Zionsville Community HS39.1 mi
  • Carmel Central Park43.3 mi
  • Monon Trail (Carmel)45.0 mi
  • Clay Terrace45.3 mi
  • Carmel High School45.4 mi

PROPERTY DETAILS

Living Area

1,044 sq ft

Year Built

1900

Stories

One and One Half

Subdivision

No Subdivision

Bedrooms

2

Bathrooms

2 full

Garage

1 spaces

School District

Greencastle Community School Corp

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