Active
38 N Sherman Drive
Indianapolis, IN 46201 (MLS #MBR22017232)
$125,000
Beds
2
Baths
1
Square Ft.
3,216
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… Read More 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! Read Less
Courtesy of RE/MAX At The Crossing.
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
3,216
Lot Size
0.22 Acres
Year Built
1925
MLS Number
MBR22017232
Appliances & Equipment
Description: "Dryer", "Electric Water Heater", "Electric Oven", "Refrigerator", "Washer"
Basement
Description: "Exterior Entry", "Interior Entry", "Unfinished"
Building
Area: 1616, Architecture: "Craftsman", Building Area: 3216, Construction Materials: "Block", "Wood", Levels: "One", Year Built: 1925
Cooling
Details: "Central Electric"
Exterior Features
Patio Features: "Covered Porch"
Fireplaces
Total Fireplaces: 0
Garage
Garage Spaces: 2
Heating
Heating: "Electric", "Forced Air"
Laundry
Description: "Connections All", "In Basement"
Lot
Features: "Sidewalks", Acres: 0.22, MLS Acres: <1/4 Acre
Utilities
Water Source: "Municipal/City", Utilities: "Cable Available", "Electricity Connected", "Gas", "Sewer Connected", "Water Connected"
Area snapshot
30 Days Snapshot Of 46201
$225k
(avg) sold price
0%
0
homes sold
-100%
29
(avg) days on market
0%
Nearby Schools
*Please check the school district website to see all schools in this area
IPS Butler University Laboratory School 55
Public
PK-8
Crispus Attucks High School
Public
9-12
Arsenal Technical High School
Public
9-12
Ralph W. Emerson Elementary School 58
Public
PK-6
Center For Inquiry School 2
Public
KG-8
Snapshot
Area Map
Mortgage Calculator
Monthly Payment
$0
The above figures are estimates and are not endorsed or certified. Check with your lender for actual interest rates.
Listing Information © Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.
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