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$229,000532 Northgate Drive
For Sale46 days on market

532 Northgate Drive

Greenwood, Indiana 46143

Northern Park

5

Beds

1

Baths

1,248

Sq Ft

1957

Year Built

0.19

Acres

Sheldon Barnes, Carmel Realtor

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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.

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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.

Listed by Shaloo Munjaal· Berkshire Hathaway Home· MLS# 22087457

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

  1. Listedat $229,000

    Mar 5, 2026

Sold
10
Median price
$197,000
Median DOM
90 days

Comparative value

5 comps in this range

This home is right at the median for similar nearby sales.

$185K$342KMedian $230K
$229K

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

Attic Access

Climate

Heat: ElectricCool: Central Air

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

Main
517 rooms1,248 sq ft

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

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