3516 N Sherman Drive
Indianapolis, IN 46218
- 3 beds
- 1 bath
- 867 sqft
- ~3/4 acre lot
- $184 per sqft
- 1940 build
A beautifully updated 3-bedroom, 1-bath home on a huge corner lot, ready for its new owner! This inviting property features brand-new flooring, new HVAC, fresh interior and exterior paint, new light fixtures, with the kitchen featuring a gas range/oven and new butcher-block counter tops, plus an updated bathroom. Enjoy peace of mind with a new roof, ensuring durability and value for years to come. The home offers 2 bedrooms on the main level while the third bedroom is located in the basement. This home is situated on a spacious corner lot that offers plenty of outdoor space for relaxation, entertaining, or future possibilities. Plus, the attached 1-car garage provides convenience and additional storage. Don't miss this fantastic opportunity-schedule your showing today!
Last checked:
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Last updated Mar 12, 2025
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MLS# 22025505 —
The Building
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Year Built:1940
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New Construction:false
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Construction Materials:Aluminum Siding, Stone
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Architectural Style:Ranch
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Levels:One
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Basement:true
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Foundation Details:Block, Full
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Accessibility Features:No
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Green Certification:No
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Building Area Total:1536
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Below Grade Finished Area:99
Interior
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Rooms:5
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Rooms Total:5
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Rooms Total:5
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Interior Features:Windows Vinyl
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Eating Area:Separate Room
Room Dimensions
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SqFt:768
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Main Level SqFt:768
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Living Area:867
Location
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Directions:GPS Friendly
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Latitude:39.820479
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Longitude:-86.102966
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:490720109221000101
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Acres:1/2-1 Acre
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Lot Size Acres:0.74
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Lot Size SqFt:32,256 Sqft
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Price Per Acre:216216
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Horse Amenities:None
Listing Agent
- Contact info:
- Agent phone:
- (530) 200-9903
- Office phone:
- (317) 258-7352
Taxes
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Tax Lot:L387, L388, L389, L390
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Tax Year:2023
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Semi Annual Property Tax Amt:735
Beds
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Beds:2
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Bedrooms:2
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Bedrooms Total:3
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Main Level Bedrooms:2
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# of Bedrooms Basement:1
Baths
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Baths:1
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Full Baths:1
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Full Baths:1
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Full Baths Main:1
Heating & Cooling
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Heating:Forced Air, Gas
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Cooling:Central Electric
Utilities
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Water Source:Municipal/City
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Solid Waste:Yes
Appliances
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Appliances:Gas Water Heater, Microwave, Gas Oven
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Matmore Addition
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Association:false
Parking
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Parking Features:None
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Garage:false
Monthly cost estimate

Asking price
$160,000
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. |
$856
|
Taxes | $122 |
Insurance | $44 |
Utilities | $126 See report |
Total | $1,148/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 |
---|---|---|---|---|
3/6/25
Mar 6, 2025
|
Listed / Active | MIBOR | $160,000 | |
10/17/23
Oct 17, 2023
|
Price Changed | MIBOR | ||
9/22/23
Sep 22, 2023
|
Price Changed | MIBOR |