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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 8851 Alderly Court in Pickwick Commons, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Be in a neighborhood with some million-dollar homes for the buy-in price of $450,000. The home will need some extensive remodeling, and likely all of the major components will need addressed, but the potential is instantly obvious. Located on a .97 acre lot, just the yard space, alone, is impressive. Five bedrooms upstairs as well as three full baths on that level. Two staircases, with the grand staircase and a secondary staircase. Two large attics with tremendous storage space; one above the garage and then the main one that is big enough to house a ballroom. On the main level you enter into a marble-tiled entry with the sweeping grand staircase. To your right is a huge sunken living room with a majestic fireplace just waiting to be restored. To the left, a large formal dining room. Straight ahead, is a fantastic family room with it's own fireplace, and then a sitting area on the opposite side of the family room and fireplace. A hallway takes you to the kitchen, breakfast room, and laundry room, as well as to the secondary staircase to the upper level, and the staircase to the huge basement. The basement isn't quite a full one, as there is a crawl space under what would be the sunken living room, but it's still large enough to be a roller-skating rink. The large finished three-car garage is a great space as well, with additional storage options. Tons of square footage and tons of potential just waiting for the right person to make it shine like new.
$450,000
Be in a neighborhood with some million-dollar homes for the buy-in price of $450,000. The home will need some extensive remodeling, and likely all of the major components will need addressed, but the potential is instantly obvious. Located on a .97 acre lot, just the yard space, alone, is impressi...
5,038
Sq Ft
1974
Year Built
5
Bedrooms
3.1
Bathrooms
Key things to know
- Sold at list price in 5 days
- 3 fireplaces
- Basement
- 3-car garage
- Pickwick Commons subdivision
Sold
$450,000
- Closed
- Feb 20, 2026
- Sold
- 2 months ago
- Sold in
- 5 days
Price history
- Sold$450,000
Feb 20, 2026
- Listedat $450,000
Dec 10, 2025
Pickwick Commons · activity
past 6 months
- Sold
- 3
- Median price
- $575,000
- Median DOM
- 4 days
Recent comparable sales

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Comparative value
5 comps in this range
This home is 33% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$450,000Listed· Dec 10, 2025
5 days on market
Layout
Primary suite
Closet Walk in,Fireplace
Schools
MSD Washington Township
Neighborhood
- Carmel Central Park3.6 mi
- Monon Trail (Carmel)4.4 mi
- Carmel High School4.9 mi
- Zionsville Community HS5.0 mi
- Carmel Arts & Design District5.4 mi
- Clay Terrace5.7 mi
PROPERTY DETAILS
Living Area
5,038 sq ft
Year Built
1974
Stories
Two
Subdivision
Pickwick Commons
Bedrooms
5
Bathrooms
3 full, 1 half
Garage
3 spaces
School District
MSD Washington Township

