Sheldon Barnes
For Sale — 601 W Pearl Street, Trafalgar, IN 46181601 W Pearl Street
Trafalgar, Indiana 46181
No Subdivision
$380,000
Schedule a Showing5
Beds
2
Baths
3,086
Sq Ft
1930
Year Built
1.249
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Trafalgar, Indiana and the rest of Hamilton County. Book a private tour of 601 W Pearl Street, ask any question about this home, or talk through what you should know about buying in Trafalgar.
ABOUT THIS HOME
SO MUCH HISTORY HERE! This 5 BEDROOM all-brick home was the original TRAFALGAR HIGH SCHOOL. The school had a fire, so it looks a little different today, but still a BEAUTIFUL building! This property BOASTS over 3,000 sq ft and OVER 1.2 ACRES on 3 SEPARATE PARCELS. Such a RARE, yet COOL FIND in downtown TRAFALGAR. The MASTER SUITE in on the MAIN FLOOR along with the another bedroom or office. The Family Room and Dining Area are wide open with tall ceilings allowing for large gatherings/entertaining! The upstairs has 3 Bedrooms, Sitting Area, and a Full Bathroom serves as another great hangout space. AWESOME STORAGE ALL AROUND! You will find exposed brick throughout the home! The backyard is HUGE with a nice clean ready to use POOL!! There is a TOTAL of 3 PARCELS! So many options...room for a POLE BARN, GARDENING, CHICKENS. Enjoy watching the world go by on your 40 FOOT FRONT PORCH, or hangout on your back deck & sip your coffee watching nature; or even better, spend your day floating in your pool on the soon to come hot summer days. With proper approval through the town, the separate parcels may offer additional housing options. Home is within WALKING DISTANCE to the local PARK, a few RESTAURANTS, LIBRARY, COFFEE and a FEW SHOPS. EASY ACCESS to SR 135!
Key things to know
- Private pool
- 1.25-acre lot
Monthly payment
Estimate · $380,000
$2,260/mo
≈ $2,023 principal & interest · $238 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $76,000 on a loan of $304,000.
Price history
- Listedat $380,000
May 7, 2026
Recent comparable sales
Comparative value
5 comps in this range
This home is 4.5% 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
$380,000Listed· May 7, 2026
3 days on market
Layout
Primary suite
Closet Walk in
Primary bath
Suite,Tub Full with Shower
Schools
Nineveh-Hensley-Jackson United
Neighborhood
- Downtown Indianapolis24.4 mi
- Monon Trail (Carmel)37.6 mi
- Carmel Central Park38.0 mi
- IU Health North Hospital38.0 mi
- Zionsville Community HS38.1 mi
- Carmel High School38.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
3,086 sq ft
Year Built
1930
Stories
Two
Subdivision
No Subdivision
Bedrooms
5
Bathrooms
2 full
School District
Nineveh-Hensley-Jackson United