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Pending
    • $134,999

    737 N Sherman Dr, Indianapolis, IN 46201

    2beds
    1,345sqft
    : 
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    Residential, Single Family Residence
    Built in 1925
    5,227 Square Feet Lot
    $-- Zestimate®
    $100/sqft
    $-- HOA

    What's special

    Fully renovatedUpdated lightingFresh interior paintConvenient laundry roomNew vinyl plank flooringSpacious open floor plan
    Back on Market after temporary withdrawal for seller's personal reasons. Property is in great condition and ready for showings. Seller used this time to bring fresh paint. Great location close to schools, restaurants, and easy access to I-65! This beautifully updated 2-bedroom, 1 full bath ranch is move-in ready and just 15 minutes from Downtown Indianapolis. Built in 1925, this charming home has been fully renovated and features new vinyl plank flooring, fresh interior paint, updated lighting, windows, kitchen, and bathroom. The spacious open floor plan offers a bright living room and dining area that flow seamlessly into the kitchen. The main level includes two bedrooms, one full bath, and a convenient laundry room. With ample off-street parking for up to 8 vehicles, this property offers rare convenience in a near-downtown location. New furnace and HVAC, roof is one year old. Don't miss this move-in-ready opportunity - schedule your showing today! Turnkey investment opportunity -ideal for building long-term rental income. Also you can turn this beautiful house into your forever home! From the moment you arrive, you'll appreciate the charm, character, and inviting atmosphere that make this property truly special. Whether you're relaxing indoors or entertaining guests, this home offers the perfect space to create lasting memories with your Family. Great opportunity for Investors, providing immediate rental income from day one. Ideal for investors looking to add a cash-flowing property to their portfolio.
    27 days
    |
    128
    |
    20
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    Zillow last checked:

    Listing updated:

    Listed by:

    Cynthia Sosa 956-789-5748,

    AMR Real Estate LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22082302MLS 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: 144 Square Feet
      • Dimensions: 12x12
      Bedroom 2
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Dining room
      • Level: Main
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Kitchen
      • Level: Main
      • Area: 216 Square Feet
      • Dimensions: 12x18
      Living room
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Heating
      • Electric, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Electric Cooktop, Electric Water Heater, Refrigerator
      Features
      • Attic Access
      • Has basement: Yes
      • Attic: Access Only
      Interior area
      • Total structure area: 1,345
      • Total interior livable area: 1,345 sqft
      • Finished area below ground: 164

      Property

      Parking
      • Parking features: Detached
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 5,227 Square Feet
      Details
      • Parcel number: 491004141171000101
      • Special conditions: As Is
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Residential, Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 1925

      Utilities & green energy

      • Water: Public

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $100/sqft
      • Tax assessed value: $93,300
      • Annual tax amount: $1,972
      • Date on market: 2/5/2026
      • Cumulative days on market: 83 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/22/2026Pending sale$134,999$100/sqft
        Source: MIBOR as distributed by MLS GRID #22082302 Report a problem
        6/25/2026Listed for sale$134,999-10%$100/sqft
        Source: MIBOR as distributed by MLS GRID #22082302 Report a problem
        4/3/2026Listing removed$149,999$112/sqft
        Source: MIBOR as distributed by MLS GRID #22082302 Report a problem
        3/4/2026Price change$149,999-3.2%$112/sqft
        Source: MIBOR as distributed by MLS GRID #22082302 Report a problem
        2/5/2026Listed for sale$155,000+55%$115/sqft
        Source: MIBOR as distributed by MLS GRID #22082302 Report a problem
        1/24/2023Sold$100,000-10.7%$74/sqft
        Source: MIBOR as distributed by MLS GRID #21881109 Report a problem
        12/27/2022Pending sale$112,000$83/sqft
        Source: MIBOR as distributed by MLS GRID #21881109 Report a problem
        12/11/2022Price change$112,000-4.3%$83/sqft
        Source: MIBOR as distributed by MLS GRID #21881109 Report a problem
        11/29/2022Listed for sale$117,000$87/sqft
        Source: MIBOR as distributed by MLS GRID #21881109 Report a problem
        11/22/2022Listing removed--
        Source: MIBOR as distributed by MLS GRID #21881109 Report a problem
        11/22/2022Price change$117,000-4%$87/sqft
        Source: MIBOR as distributed by MLS GRID #21881109 Report a problem
        11/9/2022Price change$121,900-5.4%$91/sqft
        Source: MIBOR as distributed by MLS GRID #21881109 Report a problem
        10/24/2022Price change$128,900-5.8%$96/sqft
        Source: MIBOR as distributed by MLS GRID #21881109 Report a problem
        9/9/2022Price change$136,900-2.2%$102/sqft
        Source: MIBOR as distributed by MLS GRID #21881109 Report a problem
        9/1/2022Listed for sale$140,000+102.9%$104/sqft
        Source: MIBOR as distributed by MLS GRID #21881109 Report a problem
        7/13/2022Sold$69,000$51/sqft
        Source: MIBOR as distributed by MLS GRID #21845810 Report a problem
        5/31/2022Pending sale$69,000$51/sqft
        Source: MIBOR as distributed by MLS GRID #21845810 Report a problem
        5/17/2022Price change$69,000-1.4%$51/sqft
        Source: MIBOR as distributed by MLS GRID #21845810 Report a problem
        4/29/2022Listed for sale$70,000$52/sqft
        Source: MIBOR as distributed by MLS GRID #21845810 Report a problem
        4/7/2022Pending sale$70,000$52/sqft
        Source: MIBOR as distributed by MLS GRID #21845810 Report a problem
        4/1/2022Listed for sale$70,000-3.4%$52/sqft
        Source: MIBOR as distributed by MLS GRID #21845810 Report a problem
        3/24/2022Listing removed--
        Source: MIBOR as distributed by MLS GRID #21830206 Report a problem
        12/31/2021Price change$72,500-1.4%$54/sqft
        Source: MIBOR as distributed by MLS GRID #21830206 Report a problem
        12/23/2021Listed for sale$73,500+56.4%$55/sqft
        Source: MIBOR as distributed by MLS GRID #21830206 Report a problem
        9/23/2020Sold$47,000$35/sqft
        Source: MIBOR as distributed by MLS GRID #21738638 Report a problem
        9/18/2020Pending sale$47,000$35/sqft
        Source: Keller Williams Indy Metro NE #21738638 Report a problem
        9/18/2020Listed for sale$47,000$35/sqft
        Source: Keller Williams Indy Metro NE #21738638 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,972 -2.1%$93,300 +12.3%
        2024$2,014 +165.5%$83,100 -2.1%
        2023$758 +52.6%$84,900 -3.2%
        2022$497 +97.8%$87,700 +33.5%
        2021$251 +7.1%$65,700 +46.3%
        2020$235 -9.1%$44,900 +6.4%
        2019$258 +12.4%$42,200 -4.7%
        2018$230 -1.9%$44,300 +10.5%
        2017$234 +33.7%$40,100 +12%
        2016$175 +17.1%$35,800 +11.9%
        2014$149 -53.1%$32,000 -36.3%
        2013$319 $50,200 +1%
        2012$319 $49,700 +1.4%
        2011-- $49,000
        2010$292 +18%$49,000 +4.5%
        2009$247 $46,900 -8.9%
        2007-- $51,500 +3.4%
        2006-- $49,800 +7.1%
        2005-- $46,500
        2004-- $46,500
        2003-- $46,500 +290.8%
        2002-- $11,900 +199.7%
        2001-- $3,970
        2000-- $3,970
        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.
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        Climate risks

        Neighborhood: Near Eastside

        Getting around

        52 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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