Sheldon Barnes
For Sale — 5555 N Arlington Avenue, Indianapolis, IN 462265555 N Arlington Avenue
Indianapolis, Indiana 46226
Brendonshire
$175,000
Schedule a Showing3
Beds
2
Baths
2,069
Sq Ft
1957
Year Built
0.71
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 5555 N Arlington Avenue in Brendonshire, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Rare redevelopment opportunity in the Brendonshire area of Indianapolis, surrounded by established homes. Previously configured as a 3-bedroom, 2-bath home, this property has been taken down to the studs and offers a blank canvas for renovation. Property is being sold as-is. Seller will make no repairs. Seller prefers cash or conventional financing. Seller has not occupied the property. Buyer to verify all information, including room sizes (approximate), taxes, and condition. Showings will begin at an open house on Friday, April 24, 2026, from 4:00 PM to 6:00 PM. Showings prior to that time are not available. Offers will be reviewed beginning at 3:00 PM on April 25, 2026. Seller reserves the right to accept an offer at any time.
Key things to know
- Studs-up renovation in progress
- 0.71-acre lot
- 2-car garage
- Established residential neighborhood
- 3-bed, 2-bath footprint
Monthly payment
Estimate · $175,000
$1,305/mo
≈ $931 principal & interest · $364 tax · $10 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $35,000 on a loan of $140,000.
Price history
- Listedat $175,000
Apr 18, 2026
Brendonshire · activity
past 6 months
- Sold
- 3
- Median price
- $385,000
- Median DOM
- 17 days
Recent comparable sales
$340,000
4406 Radnor Road
3bd · 2ba · 2,580 sqft
Sold May 2026
$198,000
8445 Montery Road
4bd · 2ba · 1,473 sqft
Sold May 2026
$200,000
4302 Clinton Avenue
3bd · 2ba · 1,540 sqft
Sold Apr 2026
$268,100
5674 Wallingwood Drive
3bd · 2ba · 1,568 sqft
Sold May 2026
$174,900
4019 Biscayne Road
4bd · 2ba · 1,905 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 13% 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
$175,000Listed· Apr 18, 2026
8 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- IU Health North Hospital7.4 mi
- Monon Trail (Carmel)7.7 mi
- Downtown Indianapolis7.7 mi
- Fishers High School8.2 mi
- Carmel High School8.4 mi
- Conner Prairie8.4 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,069 sq ft
Year Built
1957
Stories
One
Subdivision
Brendonshire
Bedrooms
3
Bathrooms
2 full
Garage
2 spaces
School District
Indianapolis Public Schools