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(SOLD) $479,900

7847 N Sherman Drive Indianapolis, IN  46240

  • 4 Beds
  • 3 Baths
  • 3,000 sq. Ft

Property Description for 7847 N Sherman Drive Indianapolis, IN 46240

This is the one you've been waiting for! Beautiful curb appeal greets you on this near 1/2 acre lot with mature hardwood trees and recently seal coated driveway. Interior is flawless w/an open floorplan featuring hardwood floors, gorgeous kitchen with giant statement quartz center island, slow close white cabinets, backsplash & all newer appliances stay! 5th bedroom has been professionally converted to a flex space w/2 closets currently used as a large pantry and built-in office space. Lower level provides a generous family room space with full bathroom, separate laundry room and 2 bedrooms w/egress windows. French drain was installed in '21 around the full lower level perimeter and is bone dry. Upper level has a massive deck perfect for entertaining or morning coffee that overlooks the fully fenced backyard w/a natural barrier of trees for privacy. Full renovation in 2021 including; interior/exterior, roof, new septic junction box & full cleanout. Replaced entire well system including pump in '22, new gutter system for house & det garage '22. Updates from the last 3 yrs; generator & tank, concrete drive extension, shed w/concrete pad, det garage insulation & air control, wrought iron fence for backyard, additional staircase to backyard added, gorgeous hardwood trees have all been pruned by an arborist & privacy trees planted along driveway, Vivint security system stays w/3 cameras, keyed and keyless entry on all doors. Come see this one today!
QuickBuy option for home selling

Address:7847 N Sherman Drive Indianapolis IN 46240
Status:Sold
Sold On: 9/3/2024
Price:$479,900
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Sq. Feet:3,000
Year Built:1964
Lot Size:0.47
County: Marion
Township: Washington
MLS #:21991576
Property Type:Single Family Residence

Lot Dimensions:20430
Lot Features:Mature Trees, Wooded
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,500
Upper Level Sq. Ft. :1,500
Total Sq. Ft. :3,000
Basement:Yes

Loan Price
$3,204
Price And Interest $2,503/month
Property Tax $501/month
MTG INS $0/month
HOME INS $200/month
Price
$479,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$501/month
Home Owner Insurance
$2,400 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Breakfast Room 10x10 Upper
Kitchen 14x12 Upper
Family Room 18x15 Upper
Primary Bedroom 15x13 Upper
Bedroom 2 12x12 Upper
Bonus Room 12x08 Upper
Play Room 20x16 Main
Bedroom 3 14x11 Main
Bedroom 4 14x10 Main
Laundry 06x06 Main

Semi-Annual Property Tax:$3,003
Tax Year:2023
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Mendenhalls Pleasant Acres
Zip Code:46240

Total Sq. Ft.:3,000
Interior Features:Attic Access, Bath Sinks Double Main, Breakfast Bar, Cathedral Ceiling(s), Center Island, Eat-in Kitchen, Pantry, Walk-in Closet(s), Windows Vinyl, Wood Work Painted
Eating Area(s):Dining Combo/Family Room
Appliances:Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
Equipment:Security Alarm Monitored, Smoke Alarm, Sump Pump
Exterior Features:Storage Shed
Exterior Type:Cement Siding, Cultured Stone
Fireplace(s):Family Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
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 Debra Altman-Foley with Three Birds Realty from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/18/2024 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 930 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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