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Sold
  • $295,000

    7555 N Sherman Dr, Indianapolis, IN 46240

    3beds
    1,222sqft
    Residential, Single Family Residence
    Built in 1958
    0.54 Acres Lot
    $295,100 Zestimate®
    $241/sqft
    $1,818 Estimated rent

    Home value

    $295,100

    $280,000 - $310,000

    $1,818/mo

    Zestimate® history
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    What's special

    Wood-burning fireplaceSprawling wooded lot
    Tucked away at the end of a quiet street, this charming 1958 ranch has the kind of character you just can't find in new construction. Mature trees shade the yard, and a sprawling wooded lot gives you that rare feeling of privacy and calm, right in the city. Step inside and you'll notice right away that this home has been genuinely loved. The original hardwood floors have been beautifully refinished and flow throughout the main living spaces, warm and full of history. The wood-burning fireplace is the kind of feature that makes a house feel like a home. Cue the picture perfect cozy winter evenings. Much of the hard work has already been done. The HVAC system is new, the pipes have been replaced, and even the washer and dryer are new - meaning you can move in with confidence instead of stressing over major repairs. The ranch layout keeps everything easy and accessible, and the end-of-street location means less traffic. The backyard feels like your own private retreat - whether you're into gardening, entertaining, or just having your morning coffee surrounded by shady trees. This is the one that checks all the boxes without feeling cookie-cutter. Solid bones, thoughtful updates, and a whole lot of soul. Don't sleep on this one!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica White 812-240-6595,

    eXp Realty, LLC

    Bought with:

    Brian Sanders

    CENTURY 21 Scheetz

    Source: MIBOR as distributed by MLS GRID,MLS#: 22100127MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Bedroom 2
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Bedroom 3
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Dining room
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 14x10
    Kitchen
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Laundry
    • Level: Main
    • Area: 36 Square Feet
    • Dimensions: 06x06
    Living room
    • Level: Main
    • Area: 266 Square Feet
    • Dimensions: 19x14
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Dishwasher, Dryer, Microwave, Electric Oven, Range Hood, Refrigerator, Washer, Gas Water Heater, Water Softener Owned
    • Laundry: Main Level
    Features
    • Attic Access, Ceiling Fan(s), Hardwood Floors, Eat-in Kitchen
    • Flooring: Hardwood
    • Has basement: No
    • Attic: Access Only
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Living Room, Wood Burning
    Interior area
    • Total structure area: 1,222
    • Total interior livable area: 1,222 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    • Details: Garage Parking Other(Garage Door Opener, Guest Street Parking)
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Fire Pit
    Lot
    • Size: 0.54 Acres
    • Features: Mature Trees
    Details
    • Additional structures: Storage
    • Parcel number: 490229121086000800
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick
    • Foundation: Crawl Space
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: Fire Alarm, Smoke Detector(s)
    • Subdivision: Mendenhalls Pleasant Acres
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $241/sqft
    • Tax assessed value: $225,800
    • Annual tax amount: $2,560
    • Date on market: 5/15/2026
    • Cumulative days on market: 11 days

    Price history

    DateEventPrice
    6/25/2026Sold$295,000+1%$241/sqft
    Source: MIBOR as distributed by MLS GRID #22100127 Report a problem
    5/25/2026Pending sale$292,000$239/sqft
    Source: MIBOR as distributed by MLS GRID #22100127 Report a problem
    5/15/2026Listed for sale$292,000+49.7%$239/sqft
    Source: MIBOR as distributed by MLS GRID #22100127 Report a problem
    1/15/2021Sold$195,000-2.5%$160/sqft
    Source: MIBOR as distributed by MLS GRID #21752641 Report a problem
    12/8/2020Pending sale$200,000$164/sqft
    Source: Berkshire Hathaway Home #21752641 Report a problem
    11/17/2020Listed for sale$200,000+66.8%$164/sqft
    Source: Berkshire Hathaway Home #21752641 Report a problem
    6/15/2004Sold$119,900$98/sqft
    Source: MIBOR as distributed by MLS GRID #2417090 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,560 +13.9%$225,800 +6.7%
    2024$2,248 -1.7%$211,700 +6.8%
    2023$2,288 +17.2%$198,200 +7.6%
    2022$1,952 +4.4%$184,200 +13.2%
    2021$1,869 +17.1%$162,700
    2020$1,596 +8.2%$162,700 +6.5%
    2019$1,475 +3.2%$152,800 +3.9%
    2018$1,429 +8.1%$147,000 +2.7%
    2017$1,322 +8.1%$143,200 +4.6%
    2016$1,224 +6.1%$136,900 -1.6%
    2014$1,153 +9.4%$139,100 -1.5%
    2013$1,055 $141,200 +5.8%
    2012$1,055 $133,400 +1.9%
    2011-- $130,900
    2010$958 +15.9%$130,900 +0.5%
    2009$826 $130,200 +5.9%
    2007-- $123,000 +2.2%
    2006-- $120,300 +26.9%
    2005-- $94,800
    2004-- $94,800
    2003-- $94,800 +61.8%
    2002-- $58,600 +200.1%
    2001-- $19,530
    2000-- $19,530
    Find assessor info on the county website

    Neighborhood: Clearwater

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $295,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $295,100