517 N Sheffield Ave

Indianapolis, IN 46222

$119,000
Price
3
Beds
1,178 Sq. Ft.
$101 / Sq. Ft.
1,178
Sq. Ft.
$101
per Sq. Ft.
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Description

Attention investors, flippers, and visionary buyers! This previously leased single-family home presents a prime opportunity to restore and reimagine a property from the ground up. Located in the revitalizing Near Westside neighborhood of Indianapolis, this home will require extensive renovations throughout, including structural, mechanical, and cosmetic updates. It's a true fixer-upper with significant upside for the right buyer. Sitting on a residential block just minutes from downtown Indy, this...Attention investors, flippers, and visionary buyers! This previously leased single-family home presents a prime opportunity to restore and reimagine a property from the ground up. Located in the revitalizing Near Westside neighborhood of Indianapolis, this home will require extensive renovations throughout, including structural, mechanical, and cosmetic updates. It's a true fixer-upper with significant upside for the right buyer. Sitting on a residential block just minutes from downtown Indy, this property offers easy access to IUPUI, the Indianapolis Zoo, White River State Park, and the growing 16 Tech Innovation District. The area has seen increasing interest and investment in recent years, making this a smart location for your next project. Whether you're looking to flip, hold as a rental, or build equity through sweat equity, 517 N Sheffield Ave offers a blank canvas with strong potential.
  1. Listed by Anthony Giglio • Sylvan Realty of GA LLC

Property Details for 517 North Sheffield Avenue

Architectural Style
Traditional
Subdivision Name
Warman Heirs Haughville
Township
Wayne
LISTING UPDATED: 02/18/2026 02:38 PM

Property Details for 517 North Sheffield Avenue

StatusActive
MLS #22066414
Days on Market108
Taxes$1,189 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1910
Lot Size0.12 AC / 5,227 SF
CountyMarion County
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Location

Listing Courtesy of Sylvan Realty of GA LLC
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Building Information for 517 North Sheffield Avenue

Stories-Year Built1910Building Size-Lot Size0.12 AC / 5,227 SF

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$778 per month

30 year fixed, 6.15% Interest

Principal and Interest

$580

Property Taxes

$198

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 517 North Sheffield Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46222
  • Postal Code Plus4: 3826
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491104160025000901
  • Semi Annual Property Tax Amt: 1189
  • Tax Exemption: None
  • Tax Year: 2024
  • TaxLot: 9018692
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage SqFt: 300
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 5358.0
  • Lot Size Acres: 0.12
  • Main Level SqFt: 1178
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1178.0
  • Sq Ft Total: 1178.0
  • Year Built Numeric: 1910
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Spitzfadden's Sub L36 B12
  • Photos Count: 9
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Property Condition: Fixer
Utilities
  • Solid Waste: Yes
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: None
  • Basement Description: Cellar, Unfinished
  • Basement YN: Yes
  • Cooling: Other
  • Eating Area: Dining Combo/Kitchen
  • Heating: Other
  • Interior Features: Hi-Speed Internet Availbl
  • Levels: One
  • Room List: Kitchen, Primary Bedroom, Bedroom 2, Bedroom 3, Living Room
  • Room and Features: Kitchen-Main-Other, Primary Bedroom-Main-Other, Bedroom 2-Main-Other, Bedroom 3-Main-Other, Living Room-Main-Other
  • Main Level Bedrooms: 3
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 5
  • Rooms Total MU: 5
  • Total Rooms: 5
Room 1
  • Room Level: Main
  • Room Dimensions: 10 X 10
  • Room Features: Other
  • Room Type: Kitchen
Room 2
  • Room Level: Main
  • Room Dimensions: 12 X 12
  • Room Features: Other
  • Room Type: Primary Bedroom
Room 3
  • Room Level: Main
  • Room Dimensions: 10 X 9
  • Room Features: Other
  • Room Type: Bedroom 2
Room 4
  • Room Level: Main
  • Room Dimensions: 11 X 10
  • Room Features: Other
  • Room Type: Bedroom 3
Room 5
  • Room Level: Main
  • Room Dimensions: 12 X 15
  • Room Features: Other
  • Room Type: Living Room
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 2
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 517 North Sheffield Avenue

DateEvent & SourcePriceAppreciation
Oct 31, 2025

Price Change

MIBORMLS #22066414

$119,000—
Oct 3, 2025

Listed (Active)

MIBORMLS #22066414

$129,000—
Jun 5, 2020

Sold (Public Record)

Public Record #1456261421

$36,000—
Jun 5, 2020

Sold (Public Record)

Public Record #694171470

$36,000—
DateEvent & SourcePrice
10/31/2025

Price Change

MIBORMLS #22066414

$119,000
10/03/2025

Listed (Active)

MIBORMLS #22066414

$129,000
06/05/2020

Sold (Public Record)

Public Record #1456261421

$36,000
06/05/2020

Sold (Public Record)

Public Record #694171470

$36,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 517 North Sheffield Avenue

Taxable ValueLand$4,800Additions$95,400Total$100,200
Tax Record2024$2,378 ($198 / month)
Home Facts
Beds0Total Finished SqFt1,778 SqFtAbove Grade Finished SqFt1,778 SqFtStories1Lot Size5,358 SqFtStyleSingle Family ResidenceYear Built1910CountyMARIONAPN49-11-04-160-025.000-901Fireplace TypeHas Fireplace

Schools near 517 North Sheffield Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Clarence Farrington School 61
Public - PK to 6
Carl Wilde School 79
Public - PK to 6
Meredith Nicholson School 96
Public - PK to 6
William Penn School 49
Public - PK to 8
Rating
School
Distance
Clarence Farrington School 61
PublicPK to 6

Carl Wilde School 79
PublicPK to 6

Meredith Nicholson School 96
PublicPK to 6

William Penn School 49
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 517 North Sheffield Avenue, Indianapolis, IN 46222

517 North Sheffield Avenue is a single family home for sale in Indianapolis, IN 46222. This property was listed for sale on October 3, 2025 by Sylvan Realty of GA LLC, it's currently listed at $119,000. It has been on the market for a total of 108 days and was last sold on June 5, 2020. This listing's school district is Indianapolis Public Schools. Nearby schools include Clarence Farrington School 61, Carl Wilde School 79 and Meredith Nicholson School 96. 517 North Sheffield Avenue is a 3-bed, 2-bath, 1,178 sqft single family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sylvan Realty of GA LLC

Based on information submitted to the MLS GRID as of 02/18/2026 02:38 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.