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Sold
  • $240,000

    33 N Sherman Dr, Indianapolis, IN 46201

    3beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1900
    -- sqft lot
    $247,600 Zestimate®
    $--/sqft
    $1,173 Estimated rent

    Home value

    $247,600

    $235,000 - $260,000

    $1,173/mo

    Zestimate® history
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    $1,594/mo

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    What's special

    Two-story duplexOne-and-a-half modern bathroomsSpacious layoutThree generous bedroomsNew ac unitsBrand new roof
    Don't miss this rare opportunity to own a fully renovated, turn-key investment property situated in a highly convenient location, just a quick 12-minute drive from the heart of Downtown Indianapolis! This impressive two-story duplex offers immediate cash flow and long-term peace of mind, with each side featuring a spacious layout of three generous bedrooms and one-and-a-half modern bathrooms, plus the highly desirable amenity of in-unit washer and dryer hookups. All major capital expenses have been addressed, ensuring lower operating costs with the installation of a brand new roof, new AC units, and new water heaters for both sides. The interiors of both units have been fully renovated to offer a modern aesthetic that tenants love, and the property is made even more appealing by a fully fenced yard for security and privacy. Best of all, this is a true investor's dream: Both units are currently leased and generating immediate cash flow, meaning you can skip the renovation hassle and the leasing process, and start earning from day one. This stable, modern, and high-performing asset is ready to elevate your portfolio-schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Luis Carrillo 317-833-6605,

    F.C. Tucker Company,

    Adrian Viveros,

    F.C. Tucker Company

    Bought with:

    Catherine Fese

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22076242MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Electric, Forced Air
    Appliances
    • Laundry: Other
    Features
    • Has basement: No

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Fenced,Full
    Lot
    • Size: 5,227 Square Feet
    Details
    • Parcel number: 491004134064000101
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Foundation: Crawl Space
    Condition
    • New construction: No
    • Year built: 1900

    Community & HOA

    Community
    • Subdivision: No Subdivision
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $172,400
    • Annual tax amount: $1,830
    • Date on market: 12/9/2025
    • Cumulative days on market: 19 days
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    2/4/2026Sold$240,000-7.3%
    Source: MIBOR as distributed by MLS GRID #22076242 Report a problem
    1/6/2026Pending sale$259,000
    Source: MIBOR as distributed by MLS GRID #22076242 Report a problem
    12/9/2025Listed for sale$259,000+1228.2%
    Source: MIBOR as distributed by MLS GRID #22076242 Report a problem
    5/13/2021Sold$19,500
    Source: MIBOR as distributed by MLS GRID #21656670 Report a problem
    2/26/2021Pending sale$19,500
    Source: MIBOR as distributed by MLS GRID #21656670 Report a problem
    5/8/2020Price change$19,500-9.3%
    Source: MIBOR REALTOR Association #21656670 Report a problem
    7/24/2019Listed for sale$21,500+257.1%
    Source: MIBOR REALTOR Association #21656670 Report a problem
    8/4/2015Sold$6,021
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,830 +5.5%$172,400 +123.6%
    2024$1,734 +3.7%$77,100 +5.5%
    2023$1,672 $73,100 +3.2%
    2022-- $70,800
    2021-- --
    2020-- --
    2019$1,096 -41.1%--
    2018$1,860 +0.4%$46,000 +8%
    2017$1,852 -51.5%$42,600 +9.2%
    2016$3,817 +375.9%$39,000 +5.1%
    2014$802 -22.3%$37,100 -4.1%
    2013$1,033 $38,700 -15.1%
    2012$1,033 $45,600 +10.7%
    2011-- $41,200
    2010$866 -2.3%$41,200
    2009$887 $41,200 +122.7%
    2007-- $18,500 -2.1%
    2002-- $18,900 +200%
    2001-- $6,300
    2000-- $6,300
    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $247,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $247,600