Sold — 5631 Shelby Street, Indianapolis, IN 46227Schedule a tour or ask a question
Sheldon Barnes can help you tour 5631 Shelby Street
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 5631 Shelby Street in Elders Edgewood, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
This is a surreal opportunity just north of Homecroft to live in a 4 bedroom/2 bath home on 1/2 acre & have the attached 1 bedroom/1 bath Airbnb with separate entrance cover your mortgage! There was $32,417.90 in Airbnb gross earnings in 2.5 years. Another option is to have mom, dad and/or grandparents reside with you, but still have their own space, so they can enjoy some independence in close proximity to you in the event they are in need. Or, simply enjoy a large 5 bedroom/3 bath residence if you need space to spread out. You will love the remarkable floor to high ceiling stone fireplace and exposed wood beams in the cathedraled great room. This flexible layout affords you the ability to have 3 bedrooms on the main level. The She-Shed will make it easier for you to indulge in your hobbies. There are even 2 covered screened porches to boot. Plenty of custom Pella windows. You will not have to contend with an HOA at this property. Many of the personal property items will remain at the property at no cost.
$360,000
$375,000
This is a surreal opportunity just north of Homecroft to live in a 4 bedroom/2 bath home on 1/2 acre & have the attached 1 bedroom/1 bath Airbnb with separate entrance cover your mortgage! There was $32,417.90 in Airbnb gross earnings in 2.5 years. Another option is to have mom, dad and/or grandpare...
2,776
Sq Ft
1976
Year Built
5
Bedrooms
3
Bathrooms
Key things to know
- Sold 8.8% below list in 55 days
- Fireplace
- Elders Edgewood subdivision
Sold
$342,000
-$33,000 below list (-8.8%)
- Closed
- Sep 11, 2025
- Listed at
- $375,000
- Sold
- 8 months ago
- Sold in
- 55 days
Price history
- Sold$342,000
Sep 11, 2025
- Price reduced$375,000 → $360,000
Aug 12, 2025
- Listedat $375,000
Jun 26, 2025
Elders Edgewood · activity
past 6 months
- Sold
- 6
- Median price
- $250,000
- Median DOM
- 31 days
Recent comparable sales

$485,000
6520 Forrest Commons Boulevard
4bd · 3ba · 3,541 sqft
Sold May 2026

$302,500
3314 Montgomery Drive
4bd · 4ba · 2,790 sqft
Sold May 2026

$317,500
45 Meadow Vue Ct N Drive
4bd · 2ba · 2,277 sqft
Sold May 2026

$335,000
1921 Crossman Drive
4bd · 3ba · 3,387 sqft
Sold May 2026

$290,000
2502 E Southport Road
4bd · 3ba · 2,471 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 7.7% above median for similar nearby sales.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$375,000Listed· Jun 26, 2025
$360,000Reduced
↓ $15,000 (4.0% off original)
55 days on market
Layout
Schools
Perry Township Schools
Neighborhood
- Downtown Indianapolis5.9 mi
- Monon Trail (Carmel)19.0 mi
- Carmel Central Park19.5 mi
- IU Health North Hospital19.5 mi
- Carmel High School19.7 mi
- Zionsville Community HS20.1 mi
PROPERTY DETAILS
Living Area
2,776 sq ft
Year Built
1976
Stories
One and One Half
Subdivision
Elders Edgewood
Bedrooms
5
Bathrooms
3 full
Garage
2 spaces
School District
Perry Township Schools

