Sheldon Barnes
For Sale — 8520 E 281st Street, Arcadia, IN 460304
Beds
1
Baths
2,398
Sq Ft
1980
Year Built
0.53
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Arcadia, Indiana and the rest of Hamilton County. Book a private tour of 8520 E 281st St, ask any question about this home, or talk through what you should know about buying in Arcadia.
ABOUT THIS HOME
Nestled in the peaceful countryside of Arcadia, this beautifully remodeled home offers the perfect blend of comfort, space, and flexibility. Situated on a spacious lot with room to spread out, garden, entertain, or simply enjoy the outdoors, this property delivers the kind of lifestyle buyers are searching for right now. Inside, the thoughtfully updated single-story layout features four bedrooms with a unique split-bedroom design - two bedrooms on each side of the home - creating privacy and versatility for families, guests, multi-generational living, or a dedicated work-from-home setup. The remodeled full bathroom adds fresh, modern style, while updates throughout the home make it truly move-in ready. Designed for both comfort and functionality, this home combines modern updates with the ease of one-level living in a quiet rural setting. Whether you're looking for extra space, a peaceful retreat, or a home with flexibility to fit your lifestyle, this property offers endless possibilities and a warm, welcoming feel from the moment you arrive. A new air conditioning unit is being installed, and finishing touches are being made. See the attachment for the list of updates.
Key things to know
- Finished basement (1,056 sqft)
- 4-car garage
Monthly payment
Estimate · $285,000
$1,575/mo
≈ $1,517 principal & interest · $58 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $57,000 on a loan of $228,000.
Price history
- Listedat $300,000
May 14, 2026
Recent comparable sales
$305,000
607 E South Street
3bd · 3ba · 1,920 sqft
Sold May 2026
$320,000
402 E Main Street
3bd · 1ba · 2,386 sqft
Sold Apr 2026
$306,000
603 W South Street
4bd · 2ba · 1,880 sqft
Sold Apr 2026
$315,000
404 S Illinois Street
4bd · 2ba · 1,736 sqft
Sold Apr 2026
$137,000
10202 E 266th Street
4bd · 1ba · 1,887 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 6.9% below 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.
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
$300,000Listed· May 14, 2026
3 days on market
Layout
Primary bath
Shower Stall Full
Schools
Hamilton Heights School Corp
Neighborhood
- Westfield High School12.2 mi
- Hamilton Town Center14.4 mi
- Hamilton Southeastern HS14.7 mi
- Clay Terrace15.7 mi
- Conner Prairie15.9 mi
- Fishers High School16.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,684 sq ft
Year Built
1975
Stories
One
Lot Size
0.53 acres
Subdivision
No Subdivision
Bedrooms
4
Bathrooms
1 full
School District
Hamilton Heights School Corp
TAX ASSESSMENT
Hamilton County assessed values for current year
Total Assessed Value
$113,000
Land Value
$47,700
42% of total
Improvement Value
$65,300
58% of total
- Annual tax · 2025
- $692