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.

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Based on information submitted to MIBOR as of July 3, 2026 12:36 PM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Property Details of 1058 S Sheffield Avenue

Property Details

Basic Information

Building

Location

Interior Features

Bedrooms

Bathrooms

Basement

Utilities and Appliances

Utilities and Appliances

Community

Area

Other Details

Water

Map Location

Driving Directions

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Realty World Harbert Company