Great Rental with instant income. Tenant has lease through February 2027. Recent updates include new ceiling fans, bathroom vanity, kitchen cabinets and sink, windows, new HVAC and gas water heater, recently painted throughout, the full unfinished basement has daylight windows and laundry hook up . Location is close to grocery, bus line, restaurants and minutes from Downtown Indy. The backyard has a deck and there's a BIG covered front porch to relax on. This is a great investment if you're looking to add to your current portfolio or just getting started in the rental business.
Active
Price increase: $5.1K (8/13)
$165,000
41 S Sherman Dr, Indianapolis, IN 46201
3beds
2,763sqft
Est.:
Residential, Single Family Residence
Built in 1915
5,227.2 Square Feet Lot
$-- Zestimate®
$60/sqft
$-- HOA
What's special
Full unfinished basementBig covered front porchBathroom vanityDaylight windowsKitchen cabinetsNew ceiling fansNew hvac
- 373 days
- on Zillow |
- 192 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: August 22, 2025 at 07:54am
Listing Provided by:
Cheryl Curry 317-694-4173,
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 21986812

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11x12
Bedroom 2
- Level: Upper
- Area: 160 Square Feet
- Dimensions: 16x10
Bedroom 3
- Level: Upper
- Area: 210 Square Feet
- Dimensions: 15x14
Dining room
- Level: Main
- Area: 192 Square Feet
- Dimensions: 12x16
Kitchen
- Level: Main
- Area: 160 Square Feet
- Dimensions: 10x16
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 10x24
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Disposal, Gas Water Heater, Electric Oven, Range Hood, Refrigerator
- Laundry: In Unit, In Basement
Features
- Attic Access, Ceiling Fan(s), Smart Thermostat
- Basement: Daylight,Full,Interior Entry,Unfinished
- Attic: Access Only
Interior area
- Total structure area: 2,763
- Total interior livable area: 2,763 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Fencing: Fenced,Partial
Lot
- Size: 5,227.2 Square Feet
- Features: Curbs, Sidewalks, Storm Sewer
Details
- Parcel number: 491004139042000101
- Special conditions: Corporate Owned,Sales Disclosure Not Required,Sales Disclosure On File
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1915
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Long & Harlans E Washington St
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $60/sqft
- Tax assessed value: $153,200
- Annual tax amount: $3,636
- Date on market: 8/19/2024
- Cumulative days on market: 338 days
- Electric utility on property: Yes
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