
Sheldon Barnes
For Sale — 532 Northgate Drive, Greenwood, IN 46143532 Northgate Drive
Greenwood, Indiana 46143
Northern Park
$229,000
Schedule a Showing5
Beds
1
Baths
1,248
Sq Ft
1957
Year Built
0.19
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Greenwood, Indiana and the rest of Hamilton County. Book a private tour of 532 Northgate Drive in Northern Park, ask any question about this home, or talk through what you should know about buying in Greenwood.
ABOUT THIS HOME
Excellent investment opportunity with tenant already in place - lease active and tenant rights apply, providing immediate rental income. This 5-bedroom ranch home offers a desirable single-level layout with hardwood flooring, large windows, and a well-lit interior with ample natural sunlight throughout. The functional floor plan is attractive to long-term tenants. Conveniently located near grocery stores, shopping centers, and the mall, offering easy access to everyday amenities. The strong location, bright living spaces, and spacious layout make this property appealing for stable tenancy and consistent rental demand. Turn-key rental property ideal for investors seeking steady cash flow and a great addition to any rental portfolio.
Key things to know
- 5 bedrooms, single-level ranch
- Hardwood flooring throughout
- Tenant and active lease included
- Central air, well-lit with large windows
- Near shopping and grocery stores
Monthly payment
Estimate · $229,000
$1,463/mo
≈ $1,219 principal & interest · $245 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $45,800 on a loan of $183,200.
Price history
- Listedat $229,000
Mar 5, 2026
Northern Park · activity
past 6 months
- Sold
- 10
- Median price
- $197,000
- Median DOM
- 90 days
Recent comparable sales

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Comparative value
5 comps in this range
This home is right at the 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
$229,000Listed· Mar 5, 2026
46 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Shower Stall Full
Schools
Greenwood Community Sch Corp
Middle
Greenwood Middle School
High
Greenwood Community High Sch
Neighborhood
- Downtown Indianapolis10.3 mi
- Monon Trail (Carmel)23.0 mi
- IU Health North Hospital23.3 mi
- Carmel Central Park23.7 mi
- Carmel High School23.7 mi
- Fishers High School24.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,248 sq ft
Year Built
1957
Stories
One
Subdivision
Northern Park
Bedrooms
5
Bathrooms
1 full
School District
Greenwood Community Sch Corp
