1058 S Sheffield Avenue, Indianapolis, IN 46221

$95,000
3
BD
2
BA
3,132
SqFt

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Sold Price
$95,000
List Price
$100,000
Closing Date
Jul 27, 2026
MLS#
22111814
Property Type
Residential
Bedrooms
3
Bathrooms
2
Sqft. of Residence
3,132
Year Built
1913
Days on Market
25
Status
SOLD

Property Description

Value-add opportunity in West Indianapolis. This oversized 3-bedroom, 1.5-bathroom fixer-upper offers a substantial 2,230 SqFt canvas ready for a full remodel. The traditional layout features original hardwood floors, newer vinyl windows, kitchen with built-in cabinets, a sizable pantry, and a dedicated main-floor laundry room with built-in cabinetry. The upstairs provides a versatile additional living area or a potential additional bedroom with built-in storage solutions. Outside, the property features a fully fenced backyard and a rare, oversized two-car garage. Located within walking distance to the recently improved Rhodius Park, this home positions you perfectly to capitalize on major local investments and economic developments like the new Elanco Headquarters and Lilly Endowment Grant. Recent neighborhood sales of updated homes support retail values pushing into the upper $100s, offering potential equity upside for an investor or ambitious homeowner. Cash or hard money terms only.

Additional Information

Basement
Unfinished
Foundation
Block
Stories
Two
Architecture
Bungalow, Traditional
Interior
Attic Access, Hardwood Floors, Pantry, Smart Thermostat
Acres
0.13
Heat
Forced Air, Natural Gas
Cooling
None
Financing
Cash Only
Appliances
None
Semi-Annual Taxes
$1,266
Garage
Yes
Region
Wayne
Areas
Family Room 2nd Story, Laundry in Unit, Living Room Formal, Utility Room
Eating Areas
Dining Combo/Living Room

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Trueblood Real Estate. Selling Office: FS Houses LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative