Move-In Ready Monon Trail Bungalow! Welcome to 406 W. 2nd Street, a beautifully renovated home offering the perfect blend of modern updates, small-town charm, and an unbeatable location. Situated on a spacious lot with the Monon Trail bordering the entire south property line, you'll enjoy direct private access to one of Indiana's premier walking, running, and biking trails right from your backyard. Completely renovated from top to bottom, this turnkey home features a bright, open-concept floor plan with a stunning new kitchen complete with custom cabinetry, countertops, fixtures, and a full suite of brand-new stainless steel appliances that remain with the home. Additional updates include a beautifully remodeled bathroom, new flooring throughout, fresh paint, updated lighting, modern fixtures, and a dedicated laundry area, making this home truly move-in ready. Outside, you'll love the inviting covered front porch, fresh landscaping, brand-new gravel driveway, generous yard, and detached barn/workshop offering excellent storage or hobby space. Sheridan continues to be Hamilton County's hidden gem, offering exceptional value while remaining just minutes from Carmel, Westfield, Noblesville, and U.S. 31. As one of Hamilton County's last truly affordable markets, Sheridan represents one of the county's best remaining opportunities to purchase at an attainable price while benefiting from the continued growth and demand that have made Hamilton County one of nations premier real estate markets. Whether you're a first-time buyer, downsizing, or searching for an investment opportunity, this fully renovated home is one you won't want to miss.
Pending
Price cut: $2K (9/24)
$172,500
406 W 2nd St, Sheridan, IN 46069
2beds
805sqft
Residential, Single Family Residence
Built in 1932
0.31 Acres Lot
$-- Zestimate®
$214/sqft
$-- HOA
What's special
Modern fixturesInviting covered front porchStunning new kitchenBrand-new gravel drivewayUpdated lightingBeautifully remodeled bathroomFresh paint
- 71 days
- 749
- 90
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Dustin Kelly Dustin.kelly@live.com,
Trueblood Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22118258
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Family room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Kitchen
- Level: Main
- Area: 63 Square Feet
- Dimensions: 9x7
Laundry
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8x8
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer, Gas Water Heater, Electric Oven
- Laundry: Laundry Closet, Main Level
Features
- Ceiling Fan(s), Breakfast Bar
- Has basement: No
Interior area
- Total structure area: 805
- Total interior livable area: 805 sqft
Property
Parking
- Parking features: None, Common, Guest
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Storage
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.31 Acres
- Features: Street Lights, Rural - Subdivision
Details
- Additional structures: Storage
- Parcel number: 290131402008000002
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1932
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Low Maintenance Lifestyle
- Security: Smoke Detector(s), Security System
- Subdivision: Metes & Bounds
HOA
- Has HOA: No
Location
- Region: Sheridan
Financial & listing details
- Price per square foot: $214/sqft
- Tax assessed value: $77,300
- Annual tax amount: $464
- Date on market: 8/5/2026
- Cumulative days on market: 71 days
Estimated market value
Not available
Estimated sales range
Not available
$1,355/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Pending sale | $172,500$214/sqft |
Source: | ||
| 9/24/2026 | Price change | $172,500-1.1%$214/sqft |
Source: | ||
| 8/20/2026 | Price change | $174,500-2.8%$217/sqft |
Source: | ||
| 8/5/2026 | Listed for sale | $179,500+199.2%$223/sqft |
Source: | ||
| 6/21/2018 | Sold | $60,000+6566.7%$75/sqft |
Source: | ||
| 5/12/2011 | Sold | $900$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $505 +2.8% | $77,300 +9% |
| 2024 | $492 -6.8% | $70,900 +2.3% |
| 2023 | $527 -6.2% | $69,300 +6.9% |
| 2022 | $562 +5.9% | $64,800 -3.7% |
| 2021 | $531 +24.3% | $67,300 +4% |
| 2020 | $427 -2.2% | $64,700 +31.5% |
| 2019 | $437 -57.1% | $49,200 +5.4% |
| 2018 | $1,019 +2.7% | $46,700 +6.6% |
| 2017 | $993 +8.9% | $43,800 |
| 2016 | $911 +0.7% | $43,800 +7.1% |
| 2014 | $905 -5.9% | $40,900 -6% |
| 2013 | $962 +145.2% | $43,500 +253.7% |
| 2012 | $392 +28.7% | $12,300 -72.5% |
| 2011 | $305 +20.8% | $44,800 |
| 2010 | $252 +9.2% | $44,800 |
| 2009 | $231 -4.2% | $44,800 +6.4% |
| 2007 | $241 -28% | $42,100 |
| 2006 | $335 | $42,100 +9.1% |
| 2005 | -- | $38,600 |
Find assessor info on the county website
Monthly payment
Est. payment




