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(SOLD) $510,000

6201 N Sherman Drive Indianapolis, IN  46220

  • 3 Beds
  • 4 Baths
  • 3,579 sq. Ft

Property Description for 6201 N Sherman Drive Indianapolis, IN 46220

This lovely stone ranch home offers a perfect blend of comfort and functionality, situated on an acre of beautifully landscaped land. As you approach the property, you'll be greeted by its attractive stone facade and a welcoming entryway. The heart of the home is the inviting living area, which includes both a cozy hearth room with a fireplace and a comfortable living room, perfect for gatherings or quiet evenings. Adjacent to this, you'll find a spacious kitchen that opens to a large eat-in area, ideal for casual meals and family time. The kitchen is equipped with newer appliances, blending modern convenience with the home's timeless appeal. Inside, the spacious layout features three well-appointed bedrooms, each designed for relaxation and privacy. The master suite includes an en-suite bath, while the additional bedrooms have easy access to another conveniently located bath and a half, ensuring that everyone's needs are met. A STANDOUT feature of this home is the separate office space, which has its own private entrance. This adds a layer of flexibility, making it an ideal in-law suite or a comfortable space for a college student returning home. With its own bath, this area provides privacy and convenience, perfect for longer stays while still maintaining independence. Venture to the large basement rec room for enjoying TV sports, movies, or as a play area, making it a versatile space tailored to your needs. There's plenty of extra storage. Outside, the expansive deck provides a great space for entertaining, or simply enjoying the surroundings. Whether you're hosting a summer barbecue, sipping coffee in the morning sun, or relaxing in the gazebo, these outdoor spaces are sure to become a favorite spot. With its spacious layout and thoughtfully designed features, this house is not only a place to call home but also an accommodating space for guests or loved ones. Close to retail, restaurants, New Library, current walking trail and soon to be Nickel Plate.

Address:6201 N Sherman Drive Indianapolis IN 46220
Status:Sold
Sold On: 10/3/2024
Price:$489,000
Bedrooms:3 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:3,579
Year Built:1952
Lot Size:1.20
County: Marion
Township: Washington
MLS #:21997303
Property Type:Single Family Residence

Lot Dimensions:52150
Lot Features:Corner Lot, Irregular Lot, Not In Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded
Water Source:Municipal/City
Directions:From Allisonville - 3 blocks West to Sherman Avenue. From Keystone - East, past new library, Sherman is the first street on the Left.
Main Level Sq. Ft. :2,389
Total Sq. Ft. :3,579
Basement:Yes

Loan Price
$3,263
Price And Interest $2,660/month
Property Tax $390/month
MTG INS $0/month
HOME INS $213/month
Price
$510,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$390/month
Home Owner Insurance
$2,556 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 14x13 Main
Bedroom 2 14x12 Main
Kitchen 14x11 Main
Bedroom 3 13x12 Main
Hearth Room 20x12 Main
Living Room 15x14 Main
Dining Room 16x10 Main
Breakfast Room 13x14 Main
Office 12x11 Main
Bonus Room 13x11 Basement
Play Room 25x13 Basement

Semi-Annual Property Tax:$2,337
Tax Year:2023
Other Disclosures:Not Applicable, Broker Owned
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
Subdivision: Sylvan Estates
Zip Code:46220

High School:North Central High School
Middle School:Eastwood Middle School
Elementary School:Clearwater Elementary School

Total Sq. Ft.:3,579
Interior Features:Entrance Foyer, Paddle Fan, Hardwood Floors, Pantry, Screens Complete, Walk-in Closet(s), Windows Thermal, Wood Work Painted
Interior Area(s):Bedroom Other on Main, Living Room Formal
Eating Area(s):Breakfast Room, Dining Combo/Kitchen, Separate Room
Appliances:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Kitchen Exhaust, Microwave, Convection Oven, Range Hood, Refrigerator, Washer, Water Softener Rented
Equipment:Security Alarm Monitored, Security Alarm Paid, Smoke Alarm, Sump Pump
Exterior Features:Outdoor Fire Pit, Storage Shed
Exterior Type:Wood With Stone
Fireplace(s):Two Sided, Family Room, Gas Log, Living Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Kitchen Exhaust, Microwave, Convection Oven, Range Hood, Refrigerator, Washer, Water Softener Rented
Total Rooms:11
Sally Baker, REALTOR®/Broker, F. C. Tucker Company
Sally Baker
Phone (317) 508-7204
Additional Phone (317) 259-6000
F.C. Tucker Company

Listing provided courtesy of Sara Baker with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/21/2024 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

137
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 $1,436.60. 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 $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 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 $3,058.56. 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 69 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 2320 minutes ago.

At the moment we have 90 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 $38,900.00 . 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 2103.24 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.