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$199,000 ↓$10,000on 11/21/2024

745 S Sherman Drive Indianapolis, IN  46203

  • 3 Beds
  • 1 Baths
  • 1,920 sq. Ft

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Property Description for 745 S Sherman Drive Indianapolis, IN 46203

$5,000 GRANT provided by Key Bank for this home!! Inquire with list agent about this opportunity. This is the perfect home you have been looking for; look no more! This beautifully restored 3-bedroom residence combines classic charm with contemporary elegance, featuring a complete overhaul with modern finishes, new electrical, and plumbing throughout. Step inside to discover an abundance of natural light that fills the open living spaces. The updated kitchen is a total delight, showcasing a stylish backsplash and a top-of-the-line gas stove, perfect for culinary adventures, a custom butcher block top with a herringbone design, all new cabinets, and complete with a new pantry. The spacious updated bath boasts a luxurious ceramic tile surround around the tub and shower, complemented by new flooring, a sleek vanity, a modern toilet, and contemporary lighting. Windows in the bathroom have been frosted for privacy as well. Retreat to the full-sized basement, an entertainment zone, featuring a stunning bar, an accent wall, new carpet, and ample shelving for your decor and essentials. With a generous laundry space complete with cabinetry and plenty of storage, functionality meets style. Add a pool table or ping pong table and you have the perfect man-cave, or entertainment space. The home's exterior offers beautiful curb appeal, highlighted by a rebuilt two-car garage featuring new siding, an automatic door, and matching gutters that harmonize with the home's aesthetic. Enjoy plenty of parking in the back and relax on the covered side porch-ideal for grilling and outdoor gatherings. This property is a perfect blend of luxury, comfort, and convenience, and affordable, making it a must-see! Don't miss your chance to own this exceptional home. Schedule a viewing today!
QuickBuy option for home selling

Address:745 S Sherman Drive Indianapolis IN 46203
Status:Active
on site: 29 days
Price:$199,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,920
Year Built:1941
Lot Size:0.12
County: Marion
Township: Center
MLS #:22007968
Property Type:Single Family Residence

Lot Dimensions:5009
Lot Features:Street Lights, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :960
Total Sq. Ft. :1,920
Basement:Yes

Loan Price
$1,134
Price And Interest $1,038/month
Property Tax $13/month
MTG INS $0/month
HOME INS $83/month
Price
$199,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$13/month
Home Owner Insurance
$996 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/21/24 $209,000 $199,000 -4.78%

RoomSizeLevel
Primary Bedroom 12x11 Main
Kitchen 12X10 Main
Living Room 13X11 Main
Bedroom 2 11X08 Main
Bedroom 3 10X10 Main
Family Room 21X14 Basement

Semi-Annual Property Tax:$076
Tax Year:2023
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Subdivision: Meadlawn
Zip Code:46203

Total Sq. Ft.:1,920
Interior Features:Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Window Bay Bow, Windows Vinyl
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Gas Water Heater, Microwave, Gas Oven
Equipment:Sump Pump
Exterior Type:Aluminum Siding
Cool:Central Electric
Heat:Gas
Water Heater:Dishwasher, Gas Water Heater, Microwave, Gas Oven
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Gina Fosso-Schibley with Highgarden Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/22/2024 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 1969 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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