Recently Sold — 717 S Illinois Street, Indianapolis, IN 46225Is this your home?
Sheldon Barnes can help you list 717 S Illinois Street
Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Whether you're ready to sell 717 S Illinois Street in Norwood or just curious what your home is worth in today's Indianapolis market, he can put together a no-pressure valuation.
ABOUT THIS HOME
Turnkey Downtown Airbnb in the Heart of Indianapolis' Event District Welcome to one of the most strategically located short-term rental opportunities in Indianapolis. Situated just steps from Lucas Oil Stadium and the Convention Center, this property sits directly in the path of the city's largest events - where demand, walkability, and premium nightly rates all come together. Airbnb revenue in downtown Indy is driven by major events - conventions, Colts games, concerts, and national tournaments - and the majority of that activity is centered right here. Guests consistently prioritize locations they can walk to, and this property delivers exactly that. Simply put - there is no better location to capture that demand. Why This Property Stands Out: * Located in the core downtown event corridor * Walkable to Lucas Oil Stadium & the Convention Center * Strong short-term rental demand tied to year-round events * Ideal for maximizing occupancy and premium pricing Fully Turnkey - Ready to Generate Income This home is being offered fully furnished and equipped, including: * Beds, couches, and TVs * Kitchen items, cookware, and dishware * Towels, linens, and decor Start operating immediately and generating revenue from day one - or request a clean slate if you prefer to design your own space. The Opportunity Whether you're looking to expand your portfolio or step into your first short-term rental, this property offers a rare chance to own a cash-flowing asset in one of Indianapolis' highest-demand locations. Use it to offset your mortgage, generate consistent income, or build long-term equity - all while owning in a vibrant, walkable downtown setting. A rare, turnkey Airbnb in a location guests actively seek out.
$435,000
Turnkey Downtown Airbnb in the Heart of Indianapolis' Event District Welcome to one of the most strategically located short-term rental opportunities in Indianapolis. Situated just steps from Lucas Oil Stadium and the Convention Center, this property sits directly in the path of the city's larges...
1,448
Sq Ft
1890
Year Built
Off Market
Status
3
Bedrooms
1
Bathrooms
Key things to know
- Sold 4.3% below list in 17 days
- Fully furnished and equipped for immediate airbnb operation
- Walking distance to lucas oil stadium and convention center
- Original hardwood floors and stained woodwork
- Downtown location centered on major events and conventions
Browse by room
7 rooms · 23 photos
Sold
$416,250
-$18,750 below list (-4.3%)
- Closed
- Jun 4, 2026
- Listed at
- $435,000
- Sold
- 1 week ago
- Sold in
- 17 days
Price history
- Sold$416,250
Jun 4, 2026
- Listedat $435,000
Apr 10, 2026
Recent comparable sales

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2501 Ransdell Street
3bd · 2ba · 1,104 sqft
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$200,000
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$203,999
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$257,500
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Comparative value
5 comps in this range
This home is 108% above median for similar nearby sales.
Estimated values and comparable-sales ranges shown here are for informational purposes only. They are derived from public records and recent MLS sales, are not an appraisal or formal Comparative Market Analysis (CMA), and should not be used as the sole basis for any pricing, purchase, sale, or financing decision. For an accurate market value of a specific property, contact Sheldon Barnes for a personalized CMA.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$435,000Listed· Apr 10, 2026
17 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis0.8 mi
- Monon Trail (Carmel)14.1 mi
- Carmel Central Park14.4 mi
- Carmel High School14.8 mi
- IU Health North Hospital14.9 mi
- Zionsville Community HS14.9 mi
OFF-MARKET PROPERTY DETAILS
Living Area
1,448 sq ft
Year Built
1890
Stories
Two
Subdivision
Norwood
Bedrooms
3
Bathrooms
1 full
School District
Indianapolis Public Schools

