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$550,000 (Pending)

4137 N Sherman Drive Indianapolis, IN  46226

  • 5 Beds
  • 6 Baths
  • 3,807 sq. Ft

Property Description for 4137 N Sherman Drive Indianapolis, IN 46226

Prepare to be amazed by this brand new custom home on half an acre in Indianapolis! Every detail has been thoughtfully crafted with high end finishes, offering a luxurious living experience. You're greeted with a sky high entryway with stunning chandeliers and natural light for day. Featuring 5 spacious bedrooms and 5.5 beautifully designed bathrooms with over 3800 square feet, this truly one-of-a-kind home provides ample space for all your needs. The wonderfully inviting living room straight out of a magazine is the heart of the home as it connects to the kitchen and dining area. The gourmet kitchen is a chef's dream with custom finishes, two stunning chandeliers over the center island with seating space, a gas stovetop and pot filler, intricate tile work, and a separate bar area. With open and versatile living spaces, 10 ft ceilings on the main level and 9 ft ceilings upstairs, this home is perfect for both entertaining and relaxation. The upstairs primary bedroom boasts 2 walk-in closets and a stunning ensuite bathroom with double sinks, a signature oversized stand-alone tub, and a walk-in shower that you'll never want to leave. The upper level is completed with 2 large guest rooms, 2 full baths, and a massive loft for additional living space or a perfect office area. Two additional main level bedrooms also include ensuite bathrooms for added convenience. From top to bottom, everything is brand new and offers a move-in ready opportunity for those seeking the perfect blend of luxury and comfort. Don't miss out on making this dream home yours!
QuickBuy option for home selling

Address:4137 N Sherman Drive Indianapolis IN 46226
Status:Pending
on site: 34 days
Price:$550,000
Bedrooms:5 Beds
Bathrooms:5 Full Baths, 1 Half Baths
Sq. Feet:3,807
Year Built:2024
Lot Size:0.50
County: Marion
Township: Washington
MLS #:22007252
Property Type:Single Family Residence

Lot Dimensions:21693
Lot Features:Not In Subdivision, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,886
Upper Level Sq. Ft. :1,921
Total Sq. Ft. :3,807

Loan Price
$3,130
Price And Interest $2,869/month
Property Tax $32/month
MTG INS $0/month
HOME INS $229/month
Price
$550,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$32/month
Home Owner Insurance
$2,748 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 22x20 Upper
Bedroom 2 11x13 Main
Bedroom 3 15x17 Main
Bedroom 4 16x14 Upper
Bedroom 5 16x16 Upper
Kitchen 15x15 Main
Living Room 20x17 Main
Laundry 6x7 Main
Loft 20x12 Upper
Dining Room 15x9 Main

Semi-Annual Property Tax:$189
Tax Year:2023
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
Subdivision: Forest Manor
Zip Code:46226

Total Sq. Ft.:3,807
Interior Features:Bath Sinks Double Main, Breakfast Bar, Built In Book Shelves, Raised Ceiling(s), Entrance Foyer, Eat-in Kitchen, Network Ready, Pantry, Programmable Thermostat, Screens Complete, Walk-in Closet(s), Windows Vinyl
Interior Area(s):Bedroom Other on Main, Utility Room
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Disposal, Gas Water Heater, Kitchen Exhaust, Gas Oven, Refrigerator
Exterior Type:Brick, Wood Siding
Fireplace(s):Electric, Living Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Disposal, Gas Water Heater, Kitchen Exhaust, Gas Oven, Refrigerator
Total Rooms:10
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Dan O'Brien with Trueblood Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/16/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Indianapolis Market Report

109
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Down. The average house price is $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,194.02. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 68 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 2133 minutes ago.

At the moment we have 105 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $45,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2112.74 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.