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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 8605 E 86th Street in Castleton Estates, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Exceptional opportunity at 8605 E. 86th Street in a highly desirable Indianapolis location! Situated on a rare 2-acre parcel, this property offers incredible potential for homeowners, builders, or investors alike. With city utilities already connected, the groundwork is in place for your vision-whether you're looking to renovate, build new, or explore the possibility of subdividing or creating a mini-plat (buyer to verify). The expansive lot provides flexibility that's hard to find in this area. The existing home is being sold as-is, making it a perfect candidate for a renovation project or a complete redevelopment. Ideally located near shopping, dining, and major thoroughfares, this property combines prime location with development potential-a rare find in today's market. Don't miss your chance to unlock the possibilities this unique property has to offer!

Listed by Kim Carpenter· Trueblood Real Estate· MLS# 22093666
Recently SoldSold in 10 days

$320,000

3Beds
2Baths
2,000Sq Ft

Exceptional opportunity at 8605 E. 86th Street in a highly desirable Indianapolis location! Situated on a rare 2-acre parcel, this property offers incredible potential for homeowners, builders, or investors alike. With city utilities already connected, the groundwork is in place for your vision-w...

Listed by Kim Carpenter· Trueblood Real Estate· MLS# MBR22093666

2,000

Sq Ft

1951

Year Built

3

Bedrooms

2

Bathrooms

Key things to know

  • Sold at list price in 10 days
  • Fireplace
  • 2.2-acre lot
  • Castleton Estates subdivision

Sold

$320,000

Closed
May 1, 2026
Sold
1 week ago
Sold in
10 days

Price history

  1. Sold$320,000

    May 1, 2026

  2. Listedat $320,000

    Apr 9, 2026

Sold
4
Median price
$394,900
Median DOM
10 days

Comparative value

5 comps in this range

This home is 11% above median for similar nearby sales.

$222K$355KMedian $288K
$320K

FEATURES & AMENITIES

Interior

Hardwood Floors

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $320,000Listed· Apr 9, 2026

10 days on market

Layout

Main
327 rooms2,000 sq ft

Schools

MSD Lawrence Township

    Neighborhood

    • Fishers High School3.7 mi
    • Conner Prairie3.9 mi
    • IU Health North Hospital4.6 mi
    • Hamilton Southeastern HS5.6 mi
    • Hamilton Town Center6.3 mi
    • Monon Trail (Carmel)6.4 mi

    PROPERTY DETAILS

    Living Area

    2,000 sq ft

    Year Built

    1951

    Stories

    One

    Subdivision

    Castleton Estates

    Bedrooms

    3

    Bathrooms

    2 full

    Garage

    2 spaces

    School District

    MSD Lawrence Township

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