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Off market
  • $123,800

    109 N Sherman Dr, Indianapolis, IN 46201

    3beds
    2,352sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $123,800 Zestimate®
    $53/sqft
    $1,561 Estimated rent

    Home value

    $123,800

    $95,000 - $155,000

    $1,561/mo

    Zestimate® history
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    $1,561/mo

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    $1,561/mo

    Rent Zestimate®

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    $622/mo

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    $622/mo

    Est. payment

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    What's special

    Modern amenitiesHistoric charmModern convenienceNewly redesigned kitchenContemporary finishesPlenty of storageBeautifully updated bathrooms

    109 N Sherman Drive in Indianapolis is a fully renovated rental property offering a perfect blend of historic charm and modern convenience. This spacious 2,352-square-foot home features 3 bedrooms and 2 beautifully updated bathrooms, providing ample room for comfortable living. The newly redesigned kitchen boasts contemporary finishes, and plenty of storage, making it an ideal space for cooking and entertaining. This home offers both style and reliability. Located in the vibrant Near Eastside, this property is conveniently close to shopping, dining, and major transportation routes, making it easy to explore all that Indianapolis has to offer. With its mix of modern amenities and classic character, 109 N Sherman Drive is the perfect rental for anyone looking for a stylish and convenient place to call home. The lease agreement outlines the essential terms and conditions that both the landlord and tenant must follow throughout the rental period. Key elements include the duration of the lease, rental amount, payment due dates, and any additional fees or deposits. It will also specify whether utilities are included in the rent or paid separately. The renter is required to put all utilities in their name, ensuring timely payment and management of services such as water, electricity, gas, and internet. The lease may also detail the tenant's responsibilities for property maintenance, rules regarding pets, and the procedure for renewing or terminating the lease. It's important to understand the terms around early termination, penalties, and required notice periods. This agreement is legally binding, ensuring both parties understand their rights and obligations. By adhering to these terms, the tenant and landlord can maintain a positive and professional rental relationship.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Wall Furnace
    Cooling
    • Central Air
    Appliances
    • Laundry: None
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 2,352 sqft

    Property

    Parking
    • Parking features: Off Street
    • Details: Contact manager
    Features
    • Exterior features: Heating system: Wall
    Details
    • Parcel number: 491004122009000101

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $1,699
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $53/sqft
    • Tax assessed value: $84,800
    • Annual tax amount: $1,936
    • Date on market: 3/18/2025
    • Date available: 03/18/2025
    • Lease term: 1 Year

    Price history

    DateEventPrice
    4/3/2025Listing removed$1,699$1/sqft
    Source: Zillow Rentals Report a problem
    3/19/2025Listed for rent$1,699+6.2%$1/sqft
    Source: Zillow Rentals Report a problem
    3/4/2025Listing removed$1,600$1/sqft
    Source: Zillow Rentals Report a problem
    2/17/2025Listed for rent$1,600$1/sqft
    Source: Zillow Rentals Report a problem
    8/4/2022Sold$80,000-3.6%$34/sqft
    Source: MIBOR as distributed by MLS GRID #21871456 Report a problem
    7/22/2022Pending sale$83,000$35/sqft
    Source: MIBOR as distributed by MLS GRID #21871456 Report a problem
    7/20/2022Listed for sale$83,000$35/sqft
    Source: MIBOR as distributed by MLS GRID #21871456 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,936 +5.9%$84,800 +3.9%
    2024$1,829 +24.7%$81,600 +5.8%
    2023$1,466 +35.8%$77,100 +24.2%
    2022$1,080 +28.1%$62,100 +32.7%
    2021$843 +31.7%$46,800 +28.6%
    2020$640 -7.1%$36,400 +34.3%
    2019$688 +14.5%$27,100 -6.2%
    2018$601 +2.9%$28,900 +7.8%
    2017$584 +14.3%$26,800 +9.4%
    2016$511 +0.6%$24,500 +4.3%
    2014$508 -10.5%$23,500 -8.6%
    2013$568 $25,700 +1.6%
    2012$568 $25,300 -16.2%
    2011-- $30,200
    2010$628 -2.5%$30,200
    2009$644 $30,200 +22.8%
    2007-- $24,600
    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $123,800
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    Estimated market value
    $123,800