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1643 Sheldon St, Indianapolis, IN, 46218

2beds
2baths
840sqft
$362,000
$431price/sqft
$2,475/moest. monthly cost
$99,000/yrincome needed

About This Home

This charming two bed two bath home offered by H-E Homes could be the perfect fit for someone who loves to live small but prefers not be in a home owners association or pay condo fees! All main level living with no stairs! This open floor plan new construction home features a covered front porch, spacious living/dining area, and large kitchen with lots of storage. Stainless steel appliances included. The primary suite to the back of the home features a double vanity, water closet, and full tub/shower. The secondary bedroom could also be a great home office/work out room if you prefer! Two car garage is included! Several new construction homes have already been built and sold on this block. It's walking distance to the Monon Trail, Provider Coffee House, KanKan cinema, Mass Ave, and more!

Getting Around

62
WalkingSomewhat Walkable
34
TransitSome Transit
60
BikeBikeable

Schools

3/10
1/10
4/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Slab
  • Construction materials: Wood Siding

Other

  • Builder name: H-E Homes

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Disposal,MicroHood,Electric Oven,Refrigerator

Bedroom2

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 48
  • Dimensions: 6x8

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 840
  • Total interior livable area: 840 sqft

Kitchen

  • Level: Main
  • Area: 100
  • Dimensions: 10x10

Laundry

  • Level: Main
  • Area: 60
  • Dimensions: 12x5

Living Room

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Master Bedroom

  • Level: Main
  • Area: 108
  • Dimensions: 12x9

Property

Details

  • Parcel number: 490731188244006101
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 4,356 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,830$21,960
Home Insurance *$461$5,532
Property Taxes $0$0
Electricity $184$2,212
Total$2,475$29,700
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,857/yr
40% on housing$74,250/yr
45% on housing$66,000/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$431This listing

vs Other Active Listings

Avg $/sqft

ZIP 46218$76
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46218$77
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-05-30Price change$362,000
2025-05-01Price change$490,000
2024-08-01Price change$574,000
2024-01-13Listed for sale$490,000
2023-12-07Listing removed--
2023-10-16Price change$364,000
2023-09-19Price change$370,000
2023-03-22Listed for sale$364,000

New Construction Spec

AgentTerry Brown
BrokerageCENTURY 21 Scheetz

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