Sheldon Barnes
For Sale — 5535 S State Avenue, Indianapolis, IN 462275535 S State Avenue
Indianapolis, Indiana 46227
Elders Edgewood
2
Beds
2
Baths
1,196
Sq Ft
1926
Year Built
0.51
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 5535 S State Avenue
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 5535 S State Avenue in Elders Edgewood, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Private corner lot property on .51 acres with a 2car attached garage and 2car detached garage. Living room with bay window, eat-in-kitchen with granite countertops & tile backsplash. Large primary bedroom with walk-in shower including 4 shower heads. Wood privacy deck with built-in hot tub & additional concrete patio. Updates include: Roof 2024, Water heater 2024, Newer kitchen appliances, interior paint, & vinyl plank flooring throughout. Multiple parking areas and open space to enjoy the outdoors.
Key things to know
- 4-car garage (2 attached, 2 detached)
- Private corner lot, 0.51 acres
- 2024 roof and water heater
- Granite countertops and tile backsplash
- Deck with built-in hot tub
Monthly payment
Estimate · $260,000
$1,625/mo
≈ $1,384 principal & interest · $241 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $52,000 on a loan of $208,000.
Price history
- Listedat $265,000
Apr 17, 2026
Elders Edgewood · activity
past 6 months
- Sold
- 6
- Median price
- $250,000
- Median DOM
- 31 days
Recent comparable sales
$250,000
4507 Earlham Drive
3bd · 2ba · 1,440 sqft
Sold May 2026
$205,000
5135 Ariana Court
2bd · 2ba · 1,069 sqft
Sold May 2026
$237,000
8828 Summer Walk Drive W
2bd · 3ba · 1,512 sqft
Sold May 2026
$212,500
6420 Linden Drive
3bd · 1ba · 1,222 sqft
Sold May 2026
$239,000
1905 Remington Place
3bd · 2ba · 1,550 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 9.7% above 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
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$265,000Listed· Apr 17, 2026
16 days on market
Layout
Schools
Perry Township Schools
Neighborhood
- Downtown Indianapolis5.9 mi
- Monon Trail (Carmel)18.9 mi
- IU Health North Hospital19.4 mi
- Carmel Central Park19.4 mi
- Carmel High School19.6 mi
- Zionsville Community HS20.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,196 sq ft
Year Built
1926
Stories
One
Subdivision
Elders Edgewood
Bedrooms
2
Bathrooms
2 full
Garage
4 spaces
School District
Perry Township Schools