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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.

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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.

Listed by Brian Harbert· REALTY WORLD-Harbert Company· MLS# 22046719
SoldSold in 55 days

$360,000

$375,000

5Beds
3Baths
2,776Sq Ft

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...

Listed by Brian Harbert· REALTY WORLD-Harbert Company· MLS# MBR22046719

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

  1. Sold$342,000

    Sep 11, 2025

  2. Price reduced$375,000 → $360,000

    Aug 12, 2025

  3. Listedat $375,000

    Jun 26, 2025

Sold
6
Median price
$250,000
Median DOM
31 days

Comparative value

5 comps in this range

This home is 7.7% above median for similar nearby sales.

$290K$485KMedian $318K
$342K

FEATURES & AMENITIES

Interior

Cathedral Ceiling(s)High CeilingsEntrance FoyerPaddle FanHandicap Accessible InteriorHi-Speed Internet AvailblIn-Law ArrangementSupplemental Storage

Exterior

Barn MiniStorageExterior Handicap AccessibleStorage Shed

Climate

Heat: ZonedHeat: Forced AirHeat: Natural GasHeat: High Efficiency (90%+ AFUE )Cool: Central Air

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

Main
328 rooms2,086 sq ft
Upper
212 rooms690 sq ft

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

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