Sheldon Barnes
For Sale — 7740 W 88th Street, Indianapolis, IN 462787740 W 88th Street
Indianapolis, Indiana 46278
No Subdivision
$550,000
Schedule a Showing1
Beds
2
Baths
200
Sq Ft
1964
Year Built
5.81
Acres
Schedule a tour or ask a question
Sheldon Barnes can help you tour 7740 W 88th 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 7740 W 88th Street, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Finding 5.8 acres of genuinely rolling undulating land in central Indiana is rare - finding it in Traders Point is even rarer. This parcel offers dramatic elevation changes and natural character that simply don't exist on most lots in the region, giving you a foundation for a custom home that feels truly set apart. The terrain opens up possibilities that flat land can't offer - sweeping elevated views, a natural walkout lower level, a winding drive through mature landscape. Your home can be designed to rise with the land and take full advantage of every contour. Privacy here is permanent. The neighboring property will remain undeveloped, ensuring that the open, natural views surrounding this lot will never be interrupted by a rooftop or a fence line. What you see today is what you'll have for good. Traders Point is one of Indianapolis's most coveted addresses - known for its spacious estates, equestrian heritage, outstanding dining and retail, and quick access to I-465 and downtown. This lot delivers all of that, on a piece of land with natural beauty that's genuinely difficult to replicate anywhere in the metro. Randy Shaffer Homes is the exclusive builder on this parcel. Known for custom homes that are thoughtfully designed and meticulously built, they'll work with you from first sketch to final detail to create a home worthy of the setting.
Key things to know
- 5.8 acres with rolling terrain and natural elevation changes
- Permanent privacy with adjacent undeveloped land
- Natural walkout lower level potential
- Mature landscape and sweeping views
- Exclusive Randy Shaffer Homes builder
Monthly payment
Estimate · $550,000
$3,576/mo
≈ $2,927 principal & interest · $649 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $110,000 on a loan of $440,000.
Price history
- Listedat $550,000
Apr 8, 2026
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
$550,000Listed· Apr 8, 2026
9 days on market
Layout
Schools
Pike County School Corp
Middle
Pike Central Middle School
High
Pike Central High School
Neighborhood
- Zionsville Community HS4.1 mi
- Carmel Central Park8.0 mi
- Monon Trail (Carmel)10.0 mi
- Clay Terrace10.1 mi
- Carmel High School10.2 mi
- Carmel Arts & Design District10.5 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
200 sq ft
Year Built
1964
Stories
Other
Subdivision
No Subdivision
Bedrooms
1
Bathrooms
1 full, 1 half
School District
Pike County School Corp