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  • Price cut: $5K (5/29)
    $124,900

    3385 N Sherman Dr, Indianapolis, IN 46218

    2beds
    1,616sqft
    : 
    $892/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1930
    6,969 Square Feet Lot
    $-- Zestimate®
    $77/sqft
    $-- HOA

    What's special

    All new exteriorFully updated interiorNew countertops
    Fully updated 2/1 on Indy's east side! This property is move-in ready and offers plenty of space for a single professional or small family. All new exterior, new mechanicals and fully updated interior makes this property truly move-in ready. New LVP flooring throughout main traffic areas, with brand new carpet in bedrooms for comfort. Kitchen has new shaker cabinets, new countertops, and new SS appliances. Bathroom has new shower, vanity and other fixtures. Come see today! NOTE: Property has been leased through 6/2027 at $1150/month. Good returns for an investor buyer.
    146 days
    |
    98
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Barry Hines 317-503-9784,

    Realty Wealth Advisors

    Source: MIBOR as distributed by MLS GRID,MLS#: 22086518MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 11x10
      Bedroom 2
      • Level: Main
      • Area: 90 Square Feet
      • Dimensions: 9x10
      Dining room
      • Level: Main
      • Area: 30 Square Feet
      • Dimensions: 5x6
      Kitchen
      • Level: Main
      • Area: 88 Square Feet
      • Dimensions: 8x11
      Living room
      • Level: Main
      • Area: 216 Square Feet
      • Dimensions: 18x12
      Utility room
      • Features: Other
      • Level: Basement
      • Area: 780 Square Feet
      • Dimensions: 30x26
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Electric Water Heater, MicroHood, Electric Oven
      Features
      • Attic Access, Eat-in Kitchen
      • Basement: Unfinished
      • Attic: Access Only
      Interior area
      • Total structure area: 1,616
      • Total interior livable area: 1,616 sqft
      • Finished area below ground: 0

      Property

      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 6,969 Square Feet
      Details
      • Parcel number: 490721125018000101
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Residential, Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: First State
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $77/sqft
      • Tax assessed value: $80,800
      • Annual tax amount: $1,414
      • Date on market: 2/28/2026
      • Cumulative days on market: 268 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,250/mo

        Price history

        DateEventPrice
        6/25/2026Listing removed$1,150$1/sqft
        Source: Zillow Rentals Report a problem
        5/29/2026Price change$124,900-3.8%$77/sqft
        Source: MIBOR as distributed by MLS GRID #22086518 Report a problem
        5/19/2026Listed for rent$1,150$1/sqft
        Source: Zillow Rentals Report a problem
        5/5/2026Price change$129,900-3.7%$80/sqft
        Source: MIBOR as distributed by MLS GRID #22086518 Report a problem
        4/15/2026Price change$134,900-3.6%$83/sqft
        Source: MIBOR as distributed by MLS GRID #22086518 Report a problem
        3/24/2026Price change$139,900-6.7%$87/sqft
        Source: MIBOR as distributed by MLS GRID #22086518 Report a problem
        2/28/2026Listed for sale$149,900-1.4%$93/sqft
        Source: MIBOR as distributed by MLS GRID #22086518 Report a problem
        1/13/2026Listing removed$152,000$94/sqft
        Source: MIBOR as distributed by MLS GRID #22063905 Report a problem
        10/18/2025Price change$152,000-1.9%$94/sqft
        Source: MIBOR as distributed by MLS GRID #22063905 Report a problem
        9/19/2025Listed for sale$155,000+75.2%$96/sqft
        Source: MIBOR as distributed by MLS GRID #22063905 Report a problem
        7/18/2025Sold$88,495+10.6%$55/sqft
        Source: Public Record Report a problem
        12/13/2024Sold$80,000+14.3%$50/sqft
        Source: Public Record Report a problem
        9/18/2023Sold$70,000+1900%$43/sqft
        Source: Public Record Report a problem
        3/21/2014Sold$3,500-20.5%$2/sqft
        Source: Public Record Report a problem
        2/13/2008Sold$4,400$3/sqft
        Source: MIBOR as distributed by MLS GRID #2777196 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,414 -6.2%$80,800 +35.6%
        2024$1,509 +20.6%$59,600 -6.3%
        2023$1,251 +14.4%$63,600 +20%
        2022$1,093 +2.7%$53,000 +11.8%
        2021$1,065 +10.6%$47,400 +3%
        2020$963 -0.9%$46,000 +12.7%
        2019$972 -57.5%$40,800
        2018$2,286 +29.6%$40,800 +3.3%
        2017$1,763 +123.6%$39,500
        2016$788 -91%$39,500 +14.2%
        2014$8,810 +1048.3%$34,600
        2013$767 $34,600 +1.2%
        2012$767 $34,200 -5.3%
        2011-- $36,100
        2010$750 -2.5%$36,100
        2009$769 $36,100 -7%
        2007-- $38,800 +41.6%
        2006-- $27,400 +3.8%
        2005-- $26,400
        2004-- $26,400
        2003-- $26,400 +169.4%
        2002-- $9,800 +200.6%
        2001-- $3,260 -2.1%
        2000-- $3,330
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Martindale-Brightwood

        Getting around

        46 / 100
        Car-Dependent
        38 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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