501 E 2nd St, Sheridan, IN 46069
Property image
Property image
OFF MARKET

501 E 2nd St
Sheridan, IN 46069

  • 4 Beds
  • 1 Bath
  • 2,960 sqft

$240,100

Trulia Estimate
as of Jul 13, 2026
Est. Refi. Payment $1,477/mo*
Refinance Your Home

$240,100

Trulia Estimate
as of Jul 13, 2026
Est. Refi. Payment $1,477/mo*
Refinance Your Home
4 Beds
1 Bath
2,960 sqft

Local Information

  • Map ViewExplore the area around 501 E 2nd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Step into this charming 4-bedroom, 1-bathroom home boasting a generous 2,960 sqft of living space, offering endless possibilities for family fun and activities! Nestled on a corner lot, this property features a detached garage transformed into a fully-functional 1-bedroom, 1-bathroom apartment-perfect for generating passive income or housing guests. Imagine hosting family gatherings in your fully fenced backyard, providing a safe and private space for outdoor enjoyment. With no HOA restrictions, you have the freedom to personalize your property to your heart's content! This unique setup not only provides ample space for your family to thrive but also creates an excellent investment opportunity for those looking to expand their portfolio. Whether you're a first-time buyer or a seasoned investor, this home could be the perfect blend of comfort and income potential. Don't let this remarkable opportunity slip away-seize the chance to make this versatile property your own!
501 E 2nd St, Sheridan, IN 46069 is a 4 bedroom, 1 bathroom, 2,960 sqft single-family home built in 1940. It last sold for $230,000 on Dec 31, 2024 (2% below the $235,000 asking price). It is currently off market. The Trulia Estimate is $240,100, with a rent estimate of $1,490/month.

Home Highlights

Parking
Garage
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 501 E 2nd St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 10Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Breakfast Room, Dining Room, Great Room, Kitchen, Laundry
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2960 Square Feet
Appliances & Utilities
Utilities: Electricity ConnectedAppliances: Electric Cooktop, Dryer, Electric Water Heater, Disposal, Double Oven, Electric Oven, Refrigerator, Washer, Water HeaterDisposalDryerLaundry: Main LevelRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,OilHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Forced Air
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Storms Some, Wood Frames, Wood Work Painted
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Patio / Porch: CoveredFencing: Fenced, Fence Full RearFoundation: Block, Crawl Space
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a CarportNo GarageNo Attached GarageParking Spaces: 2Parking: Carport,Concrete
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 49

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 290132107027000002

Price & Status

Price
List Price: $235,000
Status Change & Dates
Off Market Date: Thu Nov 21 2024Possession Timing: Negotiable

Location

Direction & Address
City: SheridanCommunity: Pearson
School Information
High School District: Sheridan Community Schools

Building

Building Area
Building Area: 2960 Square Feet

HOA

No HOA

Lot Information

Lot Area: 5662.8 sqft

Miscellaneous

BasementMls Number: 22002545
Last check for updates: about 3 hours ago
Listed by Chelsi Kitchen
Highgarden Real Estate
Bought with: Holly Martin, Keller Williams Indpls Metro N
Co-Buyer's Agent: Michael Lyons, (317) 697-1097, Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID, MLS#22002545

Price History for 501 E 2nd St

DatePriceEventSource
12/31/2024$230,000Sold
MIBOR as distributed by MLS GRID #22002545
11/21/2024$235,000PendingMIBOR as distributed by MLS GRID #22002545
10/11/2024$235,000Listed For SaleMIBOR as distributed by MLS GRID #22002545
09/28/2024$235,000ListingRemovedMIBOR as distributed by MLS GRID #22002545
09/25/2024$235,000PendingMIBOR as distributed by MLS GRID #22002545
09/24/2024$235,000Listed For SaleMIBOR as distributed by MLS GRID #22002545
03/18/2016$80,000Sold
MIBOR as distributed by MLS GRID #21389484
01/09/2016$80,000PendingAgent Provided
10/24/2015$80,000PriceChange
Agent Provided
08/26/2015$85,000PriceChange
Agent Provided
05/31/2015$90,000PriceChange
Agent Provided
03/31/2015$99,990PriceChange
Agent Provided
01/17/2015$105,000PriceChange
Agent Provided
12/09/2014$110,000PriceChange
Agent Provided
08/26/2014$115,000Listed For SaleAgent Provided

Market trends in Sheridan

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
48
1MoM
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Property Tax and Assessment

Year2025
Tax$2,621
Assessment$215,400
Home facts updated by county records

Comparable Sales for 501 E 2nd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
307 E 5th St, Sheridan, IN
0.21
Single-Family Home
$300,000
08/15/25
5
1
3,252
402 E 2nd St, Sheridan, IN
0.06
Single-Family Home
$220,000
01/06/26
2
1.5
3,162
103 S Hudson St, Sheridan, IN
0.11
Single-Family Home
$272,000
12/05/25
3
2
2,160
402 E 4th St, Sheridan, IN
0.16
Single-Family Home
$200,000
09/30/25
5
1.5
2,129
203 W 3rd St, Sheridan, IN
0.35
Single-Family Home
$225,000
07/30/25
4
2
2,378
24145 Hinesley Rd, Sheridan, IN
0.17
Single-Family Home
$300,000
02/19/26
4
2
1,635
202 S Linden Ln, Sheridan, IN
0.13
Single-Family Home
$260,000
05/19/26
3
1.5
1,642
605 S Fanning St, Sheridan, IN
0.30
Single-Family Home
$177,500
11/19/25
2
1
1,114
402 E 6th St, Sheridan, IN
0.28
Single-Family Home
$198,000
08/25/25
3
1
1,127
206 S Ohio St, Sheridan, IN
0.34
Single-Family Home
$249,000
11/14/25
3
2
1,593

Nearby homes

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Assigned Schools

These are the assigned schools for 501 E 2nd St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Sheridan

At least 19 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 90 % Say yards are well-kept

  • 80 % Say it's dog friendly

  • 79 % Say car is needed

  • 78 % Say kids play outside

  • 75 % Say people would walk alone at night

  • 63 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 59 % Say it's quiet

  • 58 % Say it's walkable to restaurants

  • 56 % Say they plan to stay for at least 5 years

  • 54 % Say there are community events

  • 52 % Say there are sidewalks

  • 50 % Say there's wildlife

  • 34 % Say it's walkable to grocery stores

  • 32 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Rebecca Schaefer
    "Lived here two years and know no one and I have made an effort. Neighbors do not engage with one another. There are community activities but they are mostly for children not any for senior citizens "
    0
    Flag
  • Farmingprincess
    "I see people walking their dogs all the time. There are many beautiful places to do so. I think people feel safe and welcomed. "
    0
    Flag
  • Smith.t.m.1974
    "this school education system is not very supportive of helping children that need extra attention.... pass them so they don't have to deal with them."
    2
    Flag
  • Heather M.
    "Peaceful in the country and everyone in town very friendly and helpful. It has everything you need but not too much to make it feel as a suburb. I love the country feel with all the necessities."
    0
    Flag

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Apartments for Rent

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Explore by feature - Air Conditioning

6 rentals with air conditioning in Sheridan, IN

Homes for sale near 501 E 2nd St

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Off Market Homes Near 501 E 2nd St

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Based on information submitted to the MLS GRID as of 2026-07-13 09:43:02 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information