Sheldon Barnes
For Sale — 723 N Cleveland Street, Indianapolis, IN 46202723 N Cleveland Street
Indianapolis, Indiana 46202
Chatham Kynett Court
3
Beds
5
Baths
4,155
Sq Ft
2007
Year Built
Schedule a tour or ask a question
Sheldon Barnes can help you tour 723 N Cleveland 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 723 N Cleveland Street in Chatham Kynett Court, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Welcome to the historic Kynett Building, a downtown statement just one block from Mass Ave. With only three residences in the entire building and just two available, this is urban living at a level you rarely see in Indianapolis. This custom built and thoughtfully designed Chatham Arch townhome has just received its finishing touches and offers over 4,000 square feet of refined, livable luxury with three bedrooms, three full baths, and two half baths. Every detail is elevated, from designer selected finishes to top tier appliances, and a functional service bar that is already in place and ready for entertaining. Take the party upstairs to the rooftop deck where skyline views set the scene for sunset dinners, celebrations, and quiet nights above the city. Downstairs, the lower level offers added flexibility for a guest suite style retreat or separate living area with a small kitchenette. Rare, polished, and unmistakably downtown, this is Indianapolis luxury at its most exclusive.
Key things to know
- Rooftop deck with skyline views
- Lower level guest suite with kitchenette
- Service bar for entertaining
- 5 total bathrooms across 4,155 sq ft
- Designer finishes and top-tier appliances
Monthly payment
Estimate · $1,200,000
$10,322/mo
≈ $6,387 principal & interest · $3,636 tax · $300 HOA
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $240,000 on a loan of $960,000.
Price history
- Price reduced$1,299,999 → $1,200,000
Mar 9, 2026
- Listedat $1,299,999
Dec 17, 2025
Recent comparable sales
$718,000
412 E 15th Street
3bd · 3ba · 3,828 sqft
Sold Apr 2026
$940,000
1548 Broadway Street
4bd · 4ba · 4,065 sqft
Sold Apr 2026
$1,138,684
1808 N New Jersey Street
3bd · 4ba · 2,917 sqft
Sold Apr 2026
$826,000
650 N Senate Avenue
4bd · 4ba · 3,114 sqft
Sold Mar 2026
$675,000
1717 Carrollton Avenue
4bd · 4ba · 3,386 sqft
Sold Feb 2026
Comparative value
5 comps in this range
This home is 45% 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$1,299,999Listed· Dec 17, 2025
$1,200,000Reduced
↓ $99,999 (7.7% off original)
130 days on market
Layout
Primary suite
Bedroom 2nd Primary
Primary bath
Suite
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis0.8 mi
- Monon Trail (Carmel)12.6 mi
- Carmel Central Park13.0 mi
- Carmel High School13.3 mi
- IU Health North Hospital13.4 mi
- Zionsville Community HS13.8 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
4,155 sq ft
Year Built
2007
Stories
Three Or More
Subdivision
Chatham Kynett Court
Bedrooms
3
Bathrooms
3 full, 2 half
Garage
2 spaces
School District
Indianapolis Public Schools