38 N Sherman Dr, Indianapolis, IN 46201
PENDING as of 1/9/2025 -
$125,000
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Home Description
Excellent investor opportunity!! This nearly original Craftsman-style home is a fantastic opportunity for investors looking to add value with minimal effort. Situated in a desirable area, this home boasts classic architectural features, including original hardwood floors, built-in cabinetry, and distinctive woodwork that exude character and charm. While the property retains much of its original craftsmanship, it is in need of some updates, allowing you to enhance its appeal and increase rental income potential. With a little renovation, this home could easily be transformed into a modern gem while preserving its historic charm. Currently in a livable condition, the property offers immediate rental potential, providing a steady cash flow as you plan future improvements. Whether you choose to refresh the home with modern updates or maintain its timeless features, the possibilities are endless for the right investor. Don't miss this chance to own a piece of history with incredible upside potential. Schedule a showing today!
- MLS #: 22017232
- Street Address: 38 N Sherman Dr
- City: Indianapolis
- Zip: 46201
- County: Marion
- Township: Center
- Subdivision: Hollywood
- Property Type: Single Family
- Style: Craftsman
- Basement: Exterior Entry,Interior Entry,Unfinished
- Garage Spaces: 2
- Acres: <1/4 Acre
- Lot Description: Sidewalks
- Siding: Block,Wood
- Patio & Porch: Covered Porch
Approximate Room Sizes / Descriptions
Living Room | 31x14 | Main | |
Dining Room | 14x14 | Main | |
Kitchen | 13x12 | Main | |
Laundry | 31x14 | Basement | |
Primary Bedroom | 12x12 | Main | |
Bedroom 2 | 12x12 | Main | |
- Areas: Laundry in Unit
- Interior Description: Attic Access,Attic Stairway,Eat-in Kitchen,Hardwood Floors,Pantry,Windows Wood,Wood Work Stained
- Full Baths: 1
- Num Fireplaces: 0
- Appliances: Dryer,Electric Oven,Electric Water Heater,Refrigerator,Washer
- Eating Area: Formal Dining Room
- Heating: Electric,Forced Air
- Cooling: Central Electric
- Utilities: Cable Available,Electricity Connected,Gas,Sewer Connected,Water Connected
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School Information
- School District:Indianapolis Public Schools
Financial
- Approx Payment:$621*
- Semi Annual Taxes:$857
Area Stats
These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(317) 488-8436 and speak with one of our real estate consultants.
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Listing Courtesy of RE/MAX At The Crossing.
38 N Sherman Dr, Indianapolis IN is a single family home of 3216 sqft and
is currently priced at $125,000
.
This single family home has 2 bedrooms.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Indianapolis, IN.
Holtman & Topps, Tacoma Village and Englewood are nearby neighborhoods.
MLS 22017232 has been posted on this site since 1/8/2025 (today).