1731 S Drexel Ave offers a move-in-ready opportunity for both owner-occupants and investors in a quiet residential neighborhood less than 5 miles southeast of downtown Indianapolis. This single-level ranch features 3 bedrooms, 1.5 baths, 1,008 sq ft, an attached 1-car garage, and a flat corner lot with a storage shed for added convenience. Recent updates include fresh interior paint, beautifully refinished hardwood floors in the living room, hallway, and bedrooms, professional deep cleaning including the windows, exterior trim painting, and more. The home offers a practical, efficient layout with a light-filled living room, dedicated dining area, galley-style kitchen with white cabinetry, new stainless steel gas stove, refrigerator, and dishwasher. The primary bedroom connects to the laundry area and half bath, creating a functional en-suite setup, while the full bath is easily accessible from the bedroom hallway. Central heat and air conditioning add everyday comfort. For owner-occupants, this is an affordable, move-in-ready home ideal for first-time buyers or those seeking easy single-level living. For investors, it is a turnkey rental with strong rent potential-Rentometer shows average area rent around $1,579, nearly achieving the coveted 1% rule-with additional upside through cosmetic kitchen/bath updates and exterior improvements such as fully enclosing the side and backyard. No HOA!
Sold
$157,000
1731 S Drexel Ave, Indianapolis, IN 46203
3beds
1,008sqft
Residential, Single Family Residence
Built in 1965
4,791 Square Feet Lot
$157,100 Zestimate®
$156/sqft
$1,444 Estimated rent
Home value
$157,100
$149,000 - $165,000
$1,444/mo
Zestimate® history
Owner options
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$1,444/mo
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$1,444/mo
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$1,027/mo
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$1,027/mo
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List your homeWhat's special
Storage shedFlat corner lotDedicated dining areaFresh interior paintBeautifully refinished hardwood floors
Zillow last checked:
Listing updated:
Listed by:
Peter Stewart 317-450-9202,
Keller Williams Indpls Metro N
Bought with:
Kristal Munoz
REMAX ONE
Source: MIBOR as distributed by MLS GRID,MLS#: 22101414
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Kitchen
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Laundry
- Level: Main
- Area: 45 Square Feet
- Dimensions: 9x5
Living room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Disposal, Gas Water Heater, Gas Oven, Refrigerator
- Laundry: Main Level
Features
- Attic Pull Down Stairs, Ceiling Fan(s), Hardwood Floors
- Flooring: Hardwood
- Has basement: No
- Attic: Pull Down Stairs
Interior area
- Total structure area: 1,008
- Total interior livable area: 1,008 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Fire Pit
- Fencing: Fenced,Partial
Lot
- Size: 4,791 Square Feet
- Features: Corner Lot, Mature Trees
Details
- Additional structures: Storage
- Parcel number: 491016117016000101
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding, Stone
- Foundation: Block
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Roundtree Park
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $103,200
- Annual tax amount: $2,346
- Date on market: 5/20/2026
- Cumulative days on market: 14 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Sold | $157,000-1.6%$156/sqft |
Source:  MIBOR as distributed by MLS GRID #22101414 Report a problem | ||
| 6/3/2026 | Pending sale | $159,500$158/sqft |
Source: MIBOR as distributed by MLS GRID #22101414 Report a problem | ||
| 5/28/2026 | Price change | $159,500-4.5%$158/sqft |
Source: MIBOR as distributed by MLS GRID #22101414 Report a problem | ||
| 5/20/2026 | Listed for sale | $167,000+160.9%$166/sqft |
Source: MIBOR as distributed by MLS GRID #22101414 Report a problem | ||
| 8/20/2018 | Listing removed | $850$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/16/2018 | Listed for rent | $850$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/15/2018 | Sold | $64,000-2.3%$63/sqft |
Source: MIBOR as distributed by MLS GRID #21581900 Report a problem | ||
| 7/20/2018 | Pending sale | $65,500$65/sqft |
Source: MIBOR REALTOR Association #21581900 Report a problem | ||
| 7/16/2018 | Listed for sale | $65,500+12%$65/sqft |
Source: MIBOR REALTOR Association #21581900 Report a problem | ||
| 4/18/2014 | Sold | $58,500-2.3%$58/sqft |
Source: MIBOR as distributed by MLS GRID #21266166 Report a problem | ||
| 4/15/2014 | Pending sale | $59,900$59/sqft |
Source: Carpenter Realtors #21266166 Report a problem | ||
| 4/10/2014 | Listed for sale | $59,900$59/sqft |
Source: Carpenter Realtors #21266166 Report a problem | ||
| 4/7/2014 | Pending sale | $59,900$59/sqft |
Source: Carpenter Realtors #21266166 Report a problem | ||
| 11/22/2013 | Listed for sale | $59,900$59/sqft |
Source: Carpenter Realtors #21266166 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,347 +11.2% | $103,200 +4.3% |
| 2024 | $2,111 -9% | $98,900 +11.4% |
| 2023 | $2,319 +29.4% | $88,800 -9.4% |
| 2022 | $1,791 +13.2% | $98,000 +26.6% |
| 2021 | $1,583 +1.8% | $77,400 +13.7% |
| 2020 | $1,555 | $68,100 +3.8% |
| 2019 | -- | $65,600 +58.8% |
| 2018 | $32 -57.4% | $41,300 +4.3% |
| 2017 | $75 +27.5% | $39,600 -1% |
| 2016 | $59 | $40,000 -4.8% |
| 2014 | $59 | $42,000 |
| 2013 | $59 | $42,000 +1.9% |
| 2012 | -- | $41,200 -6.4% |
| 2011 | -- | $44,000 |
| 2010 | -- | $44,000 |
| 2009 | -- | $44,000 -8.1% |
| 2007 | -- | $47,900 +7.2% |
| 2006 | -- | $44,700 +4.9% |
| 2005 | -- | $42,600 |
| 2004 | -- | $42,600 |
| 2003 | -- | $42,600 +113% |
| 2002 | -- | $20,000 +211% |
| 2001 | -- | $6,430 |
| 2000 | -- | $6,430 |
Find assessor info on the county website
Neighborhood: Near Southeast
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Nearby schools
GreatSchools rating
- 3/10Paul I. Miller School 114Grades: PK-6Distance: 0.6 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 4.1 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 3.2 mi
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Estimated market value
$157,100
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Estimated market value
$157,100
- Indiana
- Marion County
- Indianapolis
- 46203
- Near Southeast
- 1731 S Drexel Ave
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