Back 33 North Sherman Drive
Off Market

33 North Sherman Drive

Indianapolis IN 46201

5358 sq. ft.
Duplex
Last sold for $240,000
Luis CarrilloLuis Carrillo, last sold this property on 04 February 2026 after 56 days on market.

Overview

Don't miss this rare opportunity to own a fully renovated, turn-key investment property situated in a highly convenient location, just a quick 12-minute drive from the heart of Downtown Indianapolis! This impressive two-story duplex offers immediate cash flow and long-term peace of mind, with each side featuring a spacious layout of three generous bedrooms and one-and-a-half modern bathrooms, plus the highly desirable amenity of in-unit washer and dryer hookups. All major capital expenses have been addressed, ensuring lower operating costs with the installation of a brand new roof, new AC units, and new water heaters for both sides. The interiors of both units have been fully renovated to offer a modern aesthetic that tenants love, and the property is made even more appealing by a fully fenced yard for security and privacy. Best of all, this is a true investor's dream: Both units are currently leased and generating immediate cash flow, meaning you can skip the renovation hassle and the leasing process, and start earning from day one. This stable, modern, and high-performing asset is ready to elevate your portfolio-schedule your showing today!

Features

5358 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Indianapolis over the last 12 months, the estimated median property value of 33 North Sherman Drive is $200k.

Median value
$200k
Estimated value range
$20k - $650k
Median days on market
21
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 33 North Sherman Drive

2026
Sold
$240,000
04 Feb 2026 by Luis Carrillo, of F.C. Tucker Company
2021
Sold
$19,500
13 May 2021 by Bruce Baird, of Intend Indiana, Inc.

Happy sellers in Indianapolis

87%
87% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 171 duplexes similar to 33 North Sherman Drive, have been sold.

This represents a 39% decrease in duplexes sales when compared to the previous 12 months.

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