Sheldon Barnes
For Sale — 8530 E Michigan Street, Indianapolis, IN 462198530 E Michigan Street
Indianapolis, Indiana 46219
Elders Wash Place Heights
3
Beds
1
Baths
1,084
Sq Ft
1928
Year Built
0.23
Acres
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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 8530 E Michigan Street in Elders Wash Place Heights, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Welcome to this three bedroom, one bath home positioned on a generous corner lot in Warren Township. This property offers remarkable potential for buyers looking to add value, personalize a home, or explore future possibilities. The open living and dining layout provides a great starting point for updates, and the unfinished basement offers additional space that can grow with your needs. The expansive corner lot creates a wide range of opportunities, including the possibility of future improvements or development options. Buyer should verify any zoning or expansion options with the appropriate departments. With its solid structure, flexible layout, and convenient access to schools, major roads, and local amenities, this home is an ideal choice for anyone seeking long term potential and room to create their vision.
Key things to know
- Corner lot with development potential
- Open living and dining layout
- Unfinished basement for expansion
- 2-car garage
- Convenient access to schools and major roads
Browse by room
4 rooms · 5 photos
Monthly payment
Estimate · $179,800
$1,044/mo
≈ $957 principal & interest · $87 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $35,960 on a loan of $143,840.
Price history
- Price reduced$185,000 → $179,800
Jan 15, 2026
- Listedat $185,000
Dec 1, 2025
Elders Wash Place Heights · activity
past 6 months
- Sold
- 3
- Median price
- $125,000
- Median DOM
- 60 days
Recent comparable sales
$133,000
7848 Souter Drive
3bd · 1ba · 1,140 sqft
Sold May 2026
$200,000
442 S Arlington Avenue
3bd · 1ba · 1,053 sqft
Sold May 2026
$195,000
19 N Elizabeth Street
2bd · 1ba · 1,066 sqft
Sold May 2026
$177,000
921 N Bazil Avenue
4bd · 1ba · 1,200 sqft
Sold Apr 2026
$159,000
8801 Roy Road
3bd · 1ba · 999 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 1.6% 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
$185,000Listed· Dec 1, 2025
$179,800Reduced
↓ $5,200 (2.8% off original)
144 days on market
Layout
Schools
MSD Warren Township
Neighborhood
- Downtown Indianapolis7.5 mi
- Fishers High School12.9 mi
- IU Health North Hospital12.9 mi
- Conner Prairie13.1 mi
- Monon Trail (Carmel)13.5 mi
- Carmel High School14.1 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,084 sq ft
Year Built
1928
Stories
One
Subdivision
Elders Wash Place Heights
Bedrooms
3
Bathrooms
1 full
Garage
2 spaces
School District
MSD Warren Township