Sheldon Barnes
For Sale — 5429 E Burgess Avenue, Indianapolis, IN 462195429 E Burgess Avenue
Indianapolis, Indiana 46219
Witz & Spannuths
$140,000
Schedule a Showing3
Beds
1
Baths
1,079
Sq Ft
1964
Year Built
0.15
Acres
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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 5429 E Burgess Avenue in Witz & Spannuths, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
This 2-bedroom, 1-bath home offers over 1000 sq feet of comfortable living space and brings in $850 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the east side of Indianapolis, it's close to school, parks, and major roads. A dependable investment with consistent cashflow.
Key things to know
- Established rental income of $850/month
- 3 bedrooms, 1 bath
- Central air and forced air heating
- Near schools and parks
- Convenient east side location
Monthly payment
Estimate · $140,000
$853/mo
≈ $745 principal & interest · $108 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $28,000 on a loan of $112,000.
Price history
- Listedat $140,000
Sep 4, 2025
Recent comparable sales
$133,000
7848 Souter Drive
3bd · 1ba · 1,140 sqft
Sold May 2026
$200,000
442 S Arlington Avenue
3bd · 1ba · 1,053 sqft
Sold May 2026
$195,000
19 N Elizabeth Street
2bd · 1ba · 1,066 sqft
Sold May 2026
$177,000
921 N Bazil Avenue
4bd · 1ba · 1,200 sqft
Sold Apr 2026
$159,000
8801 Roy Road
3bd · 1ba · 999 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 21% below 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
$140,000Listed· Sep 4, 2025
217 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis4.4 mi
- Monon Trail (Carmel)13.8 mi
- IU Health North Hospital13.8 mi
- Carmel High School14.4 mi
- Fishers High School14.5 mi
- Conner Prairie14.7 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,079 sq ft
Year Built
1964
Stories
One
Subdivision
Witz & Spannuths
Bedrooms
3
Bathrooms
1 full
School District
Indianapolis Public Schools