1840 S Cole Street
Indianapolis, IN 46241
- 3 beds
- 2 baths
- 852 sqft
- 9,440 sqft lot
- $232 per sqft
- 1948 build
Step into modern comfort and style with this completely gutted and renovated 3-bedroom, 2-bathroom home, perfectly situated on a spacious double lot in the heart of Drexel Gardens! From top to bottom, this home has been transformed with brand-new upgrades, including a new roof, plumbing, electrical system, furnace, air conditioner, and hot water heater-giving you complete peace of mind. Inside, you'll love the open-concept layout, featuring a gorgeous modern kitchen with sleek quartz countertops, new cabinetry, and wonderful space to entertain. New flooring flows throughout the home, adding warmth and elegance to every room. The outdoor space is just as impressive! Enjoy relaxing mornings on the covered front porch or host unforgettable gatherings on the back patio with a built-in fire pit. The fenced-in yard offers privacy, while the large shed provides extra storage for all your needs. Car lovers, hobbyists, and entrepreneurs will appreciate the huge 2.5-car garage, complete with a dedicated office/workspace-perfect for a home business, studio, or workshop. This rare find won't last long! Move-in ready and fully updated, this home is waiting for you to make it yours. Schedule your private showing today!
Last checked:
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Last updated Mar 29, 2025
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MLS# 22028182 —
The Building
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Year Built:1948
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New Construction:false
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Construction Materials:Vinyl Siding
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Architectural Style:Bungalow
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Levels:One
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Basement:false
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Foundation Details:Block
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Patio And Porch Features:Covered Porch, Open Patio
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Exterior Features:Outdoor Fire Pit, Storage Shed
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Accessibility Features:No
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Green Certification:No
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Building Area Total:852
Interior
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Rooms:6
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Rooms Total:6
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Rooms Total:6
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Interior:Laundry in Unit
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Interior Features:Attic Access, Breakfast Bar, Raised Ceiling(s), Hi-Speed Internet Availbl, Eat-in Kitchen, Programmable Thermostat, Screens Complete, Windows Thermal, Windows Vinyl
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Other Equipment:Not Applicable
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Eating Area:Dining Combo/Family Room
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Laundry Features:Connections All, Main Level
Room Dimensions
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SqFt:852
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Main Level SqFt:852
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Living Area:852
Location
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Directions:GPS Friendly
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Latitude:39.740614
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Longitude:-86.241446
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:491118113195000900
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Acres:<1/4 Acre
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Lot Features:Corner Lot, Mature Trees, Trees-Small (Under 20 Ft)
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Lot Size Acres:0.22
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Lot Size SqFt:9,440 Sqft
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Price Per Acre:900000
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Additional Parcels:false
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View:false
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Waterfront:false
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Fencing:Fence Full Rear
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Horse Amenities:None
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Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 979-4474
- Office phone:
- (317) 891-0100
Taxes
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Tax Lot:337 & 338
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Tax Year:2024
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Tax Exemptions:Homestead Tax Exemption
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Semi Annual Property Tax Amt:481
Beds
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Beds:3
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Bedrooms:3
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Bedrooms Total:3
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Main Level Bedrooms:3
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Primary Bedroom Description:Bedroom Split
Baths
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Baths:2
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Full Baths:2
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Full Baths:2
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Full Baths Main:2
The Listing
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Virtual Tour Branded:
Heating & Cooling
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Heating:Forced Air, Gas
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Cooling:Central Electric
Utilities
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Utilities:Gas
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Water Source:Municipal/City
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Solid Waste:No
Appliances
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Appliances:Gas Water Heater, Kitchen Exhaust, Gas Oven
Schools
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Elementary School:Maplewood Elementary School
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Middle Or Junior School:Lynhurst 7th & 8th Grade Center
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High School:Ben Davis High School
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High School District:MSD Wayne Township
The Community
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Subdivision Name:Drexel Gardens
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Spa:false
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Pool Private:false
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Association:false
Parking
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Parking Features:Detached, Gravel, Workshop in Garage
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Garage:true
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Garage Spaces:2
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Garage & Parking:Service Door
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Garage SqFt:510
Monthly cost estimate

Asking price
$198,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,060
|
Taxes | $80 |
Insurance | $54 |
Utilities | $128 See report |
Total | $1,322/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/29/25
Mar 29, 2025
|
Pending | MIBOR | $198,000 | |
3/27/25
Mar 27, 2025
|
Listed / Active | MIBOR | $198,000 | 141.5% |
10/24/24
Oct 24, 2024
|
MIBOR | $82,000 | 2.5% |