1058 S Sheffield Avenue, Indianapolis, IN 46221

• 3 beds |
• 2 baths |
• 2,232 sqft

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.

Listing Status:

Active

Data Last Updated:

July 4, 2026 at 11:20PM

Listing Office:

Trueblood Real Estate : 317-362-8882

Listing Agent:

Ryan Boyd : 317-362-8882

MLS ID:

22111814

Interior

• General: Attic AccessHardwood FloorsPantrySmart Thermostat
• Appliances: None
• Laundry: Connections AllMain Level
• Basement: Unfinished
• A/C: None
• Heating: Forced AirNatural Gas

Exterior

• Style: BungalowTraditional
• Parking: Detached

Construction

• General: TwoBlock

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: P.H. Jameson's Third Belmont Addition L32491109108052000901
• Fencing: Full

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public

Financial

• Source: mibor