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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 5235 Rinehart Avenue, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

You must see this incredible bungalow home sitting on 3/4 an acre just minutes from downtown Indianapolis! At first glance you will adore the large mature trees on this large tree-lined lot. Step inside to beautiful hardwood floors in your sun filled living room framed by large windows. The spacious kitchen includes new appliances, backsplash and plenty of room for entertaining. Head downstairs to the huge full basement! An ideal spot for entertaining, an office, a home gym, or extra storage. Out back, the expansive fenced in yard is the true showstopper. Host friends on the patio, unwind around the fire pit, or let pets roam with ease. The mini barn adds even more room for storage or hobbies, and the detached one stall garage offers convenient covered parking or workspace options. Recent updates include a new backyard fence and new AC unit. Come see it today!

Listed by Jordan Moody· Keller Williams Indpls Metro N· MLS# 22070766
SoldSold in 13 days

$160,000

2Beds
1Baths
720Sq Ft

You must see this incredible bungalow home sitting on 3/4 an acre just minutes from downtown Indianapolis! At first glance you will adore the large mature trees on this large tree-lined lot. Step inside to beautiful hardwood floors in your sun filled living room framed by large windows. The spacious...

Listed by Jordan Moody· Keller Williams Indpls Metro N· MLS# MBR22070766

720

Sq Ft

1947

Year Built

2

Bedrooms

1

Bathrooms

Key things to know

  • Sold 2.8% over list in 13 days
  • Basement

Sold

$164,500

+$4,500 over list (2.8%)

Closed
Mar 10, 2026
Listed at
$160,000
Sold
2 months ago
Sold in
13 days

Price history

  1. Sold$164,500

    Mar 10, 2026

  2. Listedat $160,000

    Dec 1, 2025

Comparative value

5 comps in this range

This home is 43% above median for similar nearby sales.

$70K$175KMedian $115K
$165K

FEATURES & AMENITIES

Interior

Hardwood FloorsEat-in Kitchen

Climate

Heat: Forced AirCool: Central Air

THE FACTS

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

Price history

  • $160,000Listed· Dec 1, 2025

13 days on market

Layout

Main
214 rooms720 sq ft

Schools

MSD Wayne Township

    Neighborhood

    • Downtown Indianapolis4.9 mi
    • Zionsville Community HS14.1 mi
    • Carmel Central Park15.0 mi
    • Monon Trail (Carmel)15.5 mi
    • Carmel High School16.1 mi
    • Carmel Arts & Design District16.7 mi

    PROPERTY DETAILS

    Living Area

    720 sq ft

    Year Built

    1947

    Stories

    One

    Subdivision

    No Subdivision

    Bedrooms

    2

    Bathrooms

    1 full

    Garage

    1 spaces

    School District

    MSD Wayne Township

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