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41 N Drexel Ave

Indianapolis IN 46201

3
1
1
2359 sq. ft.
5271 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Well-maintained, tenant-occupied bungalow with numerous updates and great investment potential. Key improvements include a new sewer line (2019), new roof (2021), new window blades (2024), gravel around the foundation (2024), and a brand-new water heater (2025). The home features a fenced yard, detached 1-car garage, and plenty of outdoor space. Inside, the alcove off the living room provides an ideal spot for a home office. Relax on the front porch and enjoy the neighborhood atmosphere. The basement serves as a utility area but offers over 900 square feet of potential storage. Currently leased to a long-term tenant (since 2019) paying $1,050/month, with the lease ending May 31, 2026. This property presents excellent value as either a primary residence or an income-generating investment property. It is being sold as-is.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
2359 sq. ft. floor area
5271 sq. ft. lot size
Single-Family

Property history for 41 N Drexel Ave

2016
Sold
$52,000
18 Oct 2016 by Indalecio Ruiz, of Keller Williams Indy Metro W

Happy sellers in Indianapolis

90%
90% 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 4 reviews in Indianapolis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Indianapolis

In the last 12 months, 216 three-bedroom single-family properties similar to 41 N Drexel Ave, have been sold.

This represents a 28% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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