Sheldon Barnes
For Sale — 860 Udell Street, Indianapolis, IN 46208860 Udell Street
Indianapolis, Indiana 46208
No Subdivision
3
Beds
1
Baths
1,185
Sq Ft
1920
Year Built
0.09
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 860 Udell Street, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
This 3-bedroom, 1-bathroom home on the near west side of Indianapolis currently rents for $875 a month and offers solid cash flow potential for an investor. With easy access to downtown, major highways, and public transit, it's a convenient spot for tenants. The layout is functional, the rental history is stable, and it's a great option whether you're just getting started or expanding your portfolio.
Key things to know
- Established rental at $875/month
- Near downtown and highway access
- Public transit accessible
- 1,185 sq ft on compact lot
- Forced air heat and central air
Monthly payment
Estimate · $110,000
$720/mo
≈ $585 principal & interest · $135 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $22,000 on a loan of $88,000.
Price history
- Price reduced$120,000 → $110,000
Apr 15, 2026
- Listedat $120,000
Jan 9, 2026
Recent comparable sales
$122,350
1311 W 33rd Street
3bd · 1ba · 1,262 sqft
Sold May 2026
$270,000
4137 Rookwood Avenue
2bd · 1ba · 1,008 sqft
Sold May 2026
$144,250
1065 36th Street
2bd · 1ba · 1,114 sqft
Sold Apr 2026
$130,000
4235 Rookwood Avenue
2bd · 2ba · 1,073 sqft
Sold Apr 2026
$159,900
419 Berkley Road
3bd · 1ba · 925 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 24% below 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
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$120,000Listed· Jan 9, 2026
$110,000Reduced
↓ $10,000 (8.3% off original)
97 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis2.9 mi
- Monon Trail (Carmel)10.9 mi
- Carmel Central Park10.9 mi
- Zionsville Community HS11.4 mi
- Carmel High School11.5 mi
- IU Health North Hospital12.0 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
1,185 sq ft
Year Built
1920
Stories
One
Subdivision
No Subdivision
Bedrooms
3
Bathrooms
1 full
School District
Indianapolis Public Schools