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(SOLD) $461,000

5940 N Sherman Drive Indianapolis, IN  46220

  • 3 Beds
  • 3 Baths
  • 1,820 sq. Ft

Property Description for 5940 N Sherman Drive Indianapolis, IN 46220

Remodeled in 2023, this 3 bed, 2.5 bath home in Washington Township is on a nearly 1 acre wooded, recently landscaped lot with new wood split-rail fencing. Home seamlessly blends modern amenities and fixtures with original charm, and is steps away from the new Nickel Plate Trail & Greenway connecting the State Fairgrounds, Fall Creek, Monon Trail, Castleton, and Hamilton County, and the new Glendale library. The home's beautiful kitchen, which is open to the great room & dining area with wood-burning fireplace, boasts new cabinets, island, countertops, SS appliances, & coffee bar area. Primary bedroom with en suite bath features a generously proportioned walk-in closet and could be used as a separate in-law quarters. Split floorplan offers 2 additional bedrooms and bath, and an additional half bath for guests. Bathrooms have new vanities, tile showers, and premium fixtures. Separate laundry room with washer & dryer. The bright bonus room, with views of the backyard, offers the perfect home office or informal space to relax. Turnkey property that has it all!
QuickBuy option for home selling

Address:5940 N Sherman Drive Indianapolis IN 46220
Status:Sold
Sold On: 6/3/2024
Price:$480,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:1,820
Year Built:1953
Lot Size:0.96
County: Marion
Township: Washington
MLS #:21978424
Property Type:Single Family Residence

Lot Dimensions:41643
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,820
Total Sq. Ft. :1,820

Loan Price
$2,850
Price And Interest $2,405/month
Property Tax $253/month
MTG INS $0/month
HOME INS $192/month
Price
$461,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$253/month
Home Owner Insurance
$2,304 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 16x13 Main
Bonus Room 16x12 Main
Kitchen 13x12 Main
Dining Room 13x11 Main
Bedroom 2 11x11 Main
Bedroom 3 16x11 Main
Laundry 6x5 Main
Utility Room 9x9 Main

Semi-Annual Property Tax:$1,519
Tax Year:2023
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Fairfield Heights
Zip Code:46220

Total Sq. Ft.:1,820
Interior Features:Center Island, Hardwood Floors, Hi-Speed Internet Availbl, Screens Complete, Storms Complete, Walk-in Closet(s)
Eating Area(s):Dining Combo/Great Room, Other Eating Area
Appliances:Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Washer, Water Heater, Water Purifier, Water Softener Rented
Exterior Type:Brick, Wood Siding
Fireplace(s):Woodburning Fireplce
Cool:Central Electric
Heat:Dual, Forced Air, Gas
Water Heater:Gas Cooktop, Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Washer, Water Heater, Water Purifier, Water Softener Rented
Total Rooms:8
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 David Landau with Highgarden Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/06/2024 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 2046 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.

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