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Sold
  • $125,000

    1421 Shepard St, Indianapolis, IN 46221

    2beds
    1,496sqft
    Residential, Single Family Residence
    Built in 1992
    4,356 Square Feet Lot
    $147,200 Zestimate®
    $84/sqft
    $1,487 Estimated rent

    Home value

    $147,200

    $134,000 - $159,000

    $1,487/mo

    Zestimate® history
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    $1,487/mo

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    $1,487/mo

    Rent Zestimate®

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    $628/mo

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    $628/mo

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    What's special

    Charming and Move-In Ready on Indy's Westside! Nestled near the Lilly Tech Center, this inviting 2-bedroom, 1-bath home offers comfort, convenience, and investment potential. Recent updates include a refreshed bathroom, new flooring, and electrical improvements. The spacious 2-car detached garage provides extra storage, while easy interstate access puts Downtown Indy within quick reach. Whether you're looking for a cozy home or a smart rental investment (market rent $750+/mo), this property is a must-see. Don't miss out-schedule your tour today!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Andy Waggoner 317-371-1786,

    Ferris Property Group,

    Terry Waggoner 317-407-6045,

    Ferris Property Group

    Bought with:

    Ashley Mullin

    FS Houses LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22023043MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Carpet
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bedroom 2
    • Features: Carpet
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Dining room
    • Features: Laminate
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Kitchen
    • Features: Vinyl
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Living room
    • Features: Laminate
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: None, Gas Water Heater
    • Laundry: In Basement
    Features
    • Windows: Screens Some
    • Basement: Unfinished
    Interior area
    • Total structure area: 1,496
    • Total interior livable area: 1,496 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Fencing: Fenced,Partial
    Lot
    • Size: 4,356 sqft
    • Features: Sidewalks
    Details
    • Parcel number: 491115113062000101
    • Special conditions: As Is
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl With Brick
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1992

    Utilities & green energy

    • Water: Municipal/City

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: Howard Harding Heirs Add

    Price history

    DateEventPrice
    7/19/2025Listing removed$1,895$1/sqft
    Source: Zillow Rentals Report a problem
    5/10/2025Listed for rent$1,895+116.6%$1/sqft
    Source: Zillow Rentals Report a problem
    5/9/2025Sold$125,000$84/sqft
    Source: MIBOR as distributed by MLS GRID #22023043 Report a problem
    3/21/2025Pending sale$125,000$84/sqft
    Source: MIBOR as distributed by MLS GRID #22023043 Report a problem
    2/28/2025Listed for sale$125,000+32.7%$84/sqft
    Source: MIBOR as distributed by MLS GRID #22023043 Report a problem
    12/14/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/1/2023Listed for rent$875+6.1%$1/sqft
    Source: Zillow Rentals Report a problem
    7/29/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    7/26/2022Listed for rent$825$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    4/30/2021Sold$94,200+81.2%$63/sqft
    Source: Public Record Report a problem
    10/21/2020Sold$52,000-5.5%$35/sqft
    Source: MIBOR as distributed by MLS GRID #21745355 Report a problem
    10/14/2020Pending sale$55,000$37/sqft
    Source: MIBOR REALTOR Association #21745355 Report a problem
    10/12/2020Listed for sale$55,000+3.8%$37/sqft
    Source: MIBOR REALTOR Association #21745355 Report a problem
    8/12/2020Listing removed$53,000$35/sqft
    Source: MIBOR REALTOR Association #21719988 Report a problem
    7/27/2020Price change$53,000-3.6%$35/sqft
    Source: MIBOR REALTOR Association #21719988 Report a problem
    7/24/2020Pending sale$55,000$37/sqft
    Source: MIBOR REALTOR Association #21719988 Report a problem
    7/18/2020Price change$55,000-3.5%$37/sqft
    Source: MIBOR REALTOR Association #21719988 Report a problem
    7/16/2020Listed for sale$57,000$38/sqft
    Source: MIBOR REALTOR Association #21719988 Report a problem
    6/29/2020Pending sale$57,000$38/sqft
    Source: MIBOR REALTOR Association #21719988 Report a problem
    6/22/2020Listed for sale$57,000+62.9%$38/sqft
    Source: MIBOR REALTOR Association #21719988 Report a problem
    5/21/2019Listing removed$35,000$23/sqft
    Source: MIBOR REALTOR Association #21639859 Report a problem
    5/10/2019Listed for sale$35,000+125.8%$23/sqft
    Source: MIBOR REALTOR Association #21639859 Report a problem
    9/25/2003Sold$15,500$10/sqft
    Source: MIBOR as distributed by MLS GRID #2342234 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,221 +3.8%$106,500 +13.8%
    2024$2,140 -4.8%$93,600 +3.8%
    2023$2,248 +44.8%$90,200 -5.3%
    2022$1,553 +72.3%$95,200 +41.5%
    2021$901 +18.1%$67,300 +73%
    2020$763 +1.9%$38,900 +20.4%
    2019$748 +19%$32,300 +2.9%
    2018$629 -2.5%$31,400 +11.7%
    2017$645 -3.4%$28,100
    2016$667 +2.2%$28,100 -7%
    2014$653 -17.8%$30,200 -5%
    2013$794 $31,800 -10.2%
    2012$794 $35,400 +2.3%
    2011-- $34,600
    2010$719 -14.5%$34,600 -6.2%
    2009$842 $36,900 -11.5%
    2007-- $41,700 +26.4%
    2003-- $33,000 +82.3%
    2002-- $18,100 +199.7%
    2001-- $6,040 +29.3%
    2000-- $4,670

    Find assessor info on the county website

    Neighborhood: West Indianapolis

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $147,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $147,200