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406 W 2nd Street

Sheridan, IN 46069

ActiveListed Aug 5, 2026 · 57 days on market

Key facts

Beds
2
Baths
1 full
Living area
805 sqft
Lot
0.31 acres
Year built
1932
Type
Residential · Single Family Residence
Stories
One
MLS #
22118258
County
Hamilton
Subdivision
Metes & Bounds

About this home

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.

Description provided by the listing brokerage.

Interior

Appliances
DryerMicrowaveRefrigeratorWasherGas Water HeaterElectric Oven
Interior features
Paddle FanBreakfast Bar
Kitchen
Kitchen Updated
Other rooms and areas
Laundry in Unit
Flooring
Hardwood
Laundry
Laundry ClosetMain Level
Windows
Low-Emissivity Windows
Security
Smoke Detector(s)
Rooms
5
Main-level bedrooms
2

Exterior

Exterior features
StorageStorage Shed
Patio and porch
Porch
Construction
Vinyl Siding
Foundation
Block
Style
Bungalow
Parking and garage
CommonGuest
View
Trees/Woods
Other equipment
Security SystemSmoke Alarm

Systems

Heating
Forced AirNatural Gas
Cooling
Window Unit(s)
Water
Public
Utilities
Cable ConnectedNatural Gas Connected

Lot and HOA

Lot features
Street LightsRural - Subdivision

Schools

School district
Sheridan Community Schools

Taxes

Estimated annual tax
$464 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$969per month, estimated
Principal and interest $870Property tax $39Insurance $60
20% · $34,500
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$172,500
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