Excellent investment opportunity in the heart of Indianapolis! This duplex offers two spacious 3-bedroom, 2-bath units-each featuring approximately 1,848 sq. ft. of living space. Both units include large kitchens, generous living areas, and comfortable bedrooms, providing ideal setups for tenants or multi-generational living. The property sits on a sizable 0.32-acre lot (14,060 sq. ft.) and includes a basement for additional storage or utility space. Conveniently located near major highways, downtown Indianapolis, and local amenities, this Brightwood duplex combines accessibility and rental income potential. Whether you're expanding your portfolio or looking for a house hack opportunity, this property is a solid addition to any investor's lineup.
Sold
$250,000
2868 N Sherman Dr, Indianapolis, IN 46218
6beds
4baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$251,800 Zestimate®
$--/sqft
$1,254 Estimated rent
Home value
$251,800
$237,000 - $267,000
$1,254/mo
Zestimate® history
Owner options
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$1,254/mo
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$1,254/mo
Rent Zestimate®
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$1,669/mo
Est. payment
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$1,669/mo
Est. payment
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Comfortable bedroomsLarge kitchens
Zillow last checked:
Listing updated:
Listed by:
Catherine Rubenstein 317-694-4609,
Mark Dietel Realty, LLC
Bought with:
Carolyn Gonzalez
AMR Real Estate LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22072440
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Features
- Has basement: Yes
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.32 Acres
Details
- Parcel number: 490729156362000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1920
Community & HOA
Community
- Subdivision: Brightwood
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $219,300
- Annual tax amount: $4,972
- Date on market: 11/20/2025
- Cumulative days on market: 284 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Sold | $250,000-9.1% |
Source:  MIBOR as distributed by MLS GRID #22072440 Report a problem | ||
| 3/2/2026 | Pending sale | $275,000 |
Source: MIBOR as distributed by MLS GRID #22072440 Report a problem | ||
| 11/20/2025 | Listed for sale | $275,000-8% |
Source: MIBOR as distributed by MLS GRID #22072440 Report a problem | ||
| 11/12/2025 | Listing removed | $299,000 |
Source: MIBOR as distributed by MLS GRID #22055123 Report a problem | ||
| 9/11/2025 | Listed for sale | $299,000 |
Source: MIBOR as distributed by MLS GRID #22055123 Report a problem | ||
| 8/22/2025 | Pending sale | $299,000 |
Source: MIBOR as distributed by MLS GRID #22055123 Report a problem | ||
| 8/6/2025 | Listed for sale | $299,000+8.7% |
Source: MIBOR as distributed by MLS GRID #22055123 Report a problem | ||
| 6/1/2025 | Listing removed | $275,000 |
Source: MIBOR as distributed by MLS GRID #22010495 Report a problem | ||
| 2/11/2025 | Price change | $275,000-8.3% |
Source: MIBOR as distributed by MLS GRID #22010495 Report a problem | ||
| 1/2/2025 | Pending sale | $299,900 |
Source: MIBOR as distributed by MLS GRID #22010495 Report a problem | ||
| 12/26/2024 | Listed for sale | $299,900 |
Source: MIBOR as distributed by MLS GRID #22010495 Report a problem | ||
| 11/22/2024 | Pending sale | $299,900 |
Source: MIBOR as distributed by MLS GRID #22010495 Report a problem | ||
| 11/7/2024 | Listed for sale | $299,900+99.9% |
Source: MIBOR as distributed by MLS GRID #22010495 Report a problem | ||
| 12/21/2023 | Sold | $150,000-14.3% |
Source: MIBOR as distributed by MLS GRID #21935947 Report a problem | ||
| 12/15/2023 | Pending sale | $175,000 |
Source: MIBOR as distributed by MLS GRID #21935947 Report a problem | ||
| 12/9/2023 | Price change | $175,000-6.7% |
Source: MIBOR as distributed by MLS GRID #21935947 Report a problem | ||
| 10/25/2023 | Pending sale | $187,500 |
Source: MIBOR as distributed by MLS GRID #21935947 Report a problem | ||
| 10/18/2023 | Listed for sale | $187,500 |
Source: MIBOR as distributed by MLS GRID #21935947 Report a problem | ||
| 10/3/2023 | Pending sale | $187,500 |
Source: MIBOR as distributed by MLS GRID #21935947 Report a problem | ||
| 8/3/2023 | Listed for sale | $187,500-14.8% |
Source: MIBOR as distributed by MLS GRID #21935947 Report a problem | ||
| 7/3/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21895531 Report a problem | ||
| 4/14/2023 | Price change | $220,000-13.7% |
Source: MIBOR as distributed by MLS GRID #21895531 Report a problem | ||
| 1/30/2023 | Price change | $255,000-12.8% |
Source: MIBOR as distributed by MLS GRID #21895531 Report a problem | ||
| 12/2/2022 | Listed for sale | $292,500+3613.3% |
Source: MIBOR as distributed by MLS GRID #21895531 Report a problem | ||
| 8/4/2015 | Sold | $7,877 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,971 +139.5% | $219,300 +4.7% |
| 2024 | $2,076 +2.1% | $209,500 +139.4% |
| 2023 | $2,033 +35.8% | $87,500 +1.6% |
| 2022 | $1,497 +9.2% | $86,100 +32.7% |
| 2021 | $1,371 -1.9% | $64,900 +9.6% |
| 2020 | $1,398 -36.9% | $59,200 |
| 2019 | $2,213 -8.7% | $59,200 +4.2% |
| 2018 | $2,423 +104.4% | $56,800 +12.5% |
| 2017 | $1,185 -39.4% | $50,500 |
| 2016 | $1,957 +95.5% | $50,500 +9.1% |
| 2014 | $1,001 -3.9% | $46,300 |
| 2013 | $1,041 | $46,300 +0.2% |
| 2012 | $1,041 | $46,200 +21.3% |
| 2011 | -- | $38,100 |
| 2010 | $797 -2.4% | $38,100 |
| 2009 | $816 | $38,100 -7.7% |
| 2007 | -- | $41,300 |
Find assessor info on the county website
Neighborhood: Martindale-Brightwood
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Nearby schools
GreatSchools rating
- 3/10James Russell Lowell School 51Grades: PK-5Distance: 0.6 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 1.9 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$251,800
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Estimated market value
$251,800
- Indiana
- Marion County
- Indianapolis
- 46218
- Martindale-Brightwood
- 2868 N Sherman Dr
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