Back 737 North Sherman Drive
Off Market

737 North Sherman Drive

Indianapolis IN 46201

2
1
1345 sq. ft.
5401 sq. ft.
Single-Family
Last sold for $135,000
Cynthia F SosaCynthia F Sosa, last sold this property on 02 September 2026 after 209 days on market.

Overview

Back on Market after temporary withdrawal for seller's personal reasons. Property is in great condition and ready for showings. Seller used this time to bring fresh paint. Great location close to schools, restaurants, and easy access to I-65! This beautifully updated 2-bedroom, 1 full bath ranch is move-in ready and just 15 minutes from Downtown Indianapolis. Built in 1925, this charming home has been fully renovated and features new vinyl plank flooring, fresh interior paint, updated lighting, windows, kitchen, and bathroom. The spacious open floor plan offers a bright living room and dining area that flow seamlessly into the kitchen. The main level includes two bedrooms, one full bath, and a convenient laundry room. With ample off-street parking for up to 8 vehicles, this property offers rare convenience in a near-downtown location. New furnace and HVAC, roof is one year old. Don't miss this move-in-ready opportunity - schedule your showing today! Turnkey investment opportunity -ideal for building long-term rental income. Also you can turn this beautiful house into your forever home! From the moment you arrive, you'll appreciate the charm, character, and inviting atmosphere that make this property truly special. Whether you're relaxing indoors or entertaining guests, this home offers the perfect space to create lasting memories with your Family. Great opportunity for Investors, providing immediate rental income from day one. Ideal for investors looking to add a cash-flowing property to their portfolio.

Features

2 bedrooms
1 bathroom
1345 sq. ft. floor area
5401 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 737 North Sherman Drive is $159.9k.

Median value
$159.9k
Estimated value range
$35k - $330k
Median days on market
22
Estimated value trend
7%
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 737 North Sherman Drive

2026
Sold
$135,000
02 Sep 2026 by Cynthia F Sosa, of AMR Real Estate LLC
2023
Sold
$100,000
24 Jan 2023 by Htan Khai, of Diamond Stars Realty LLC
2022
Sold
$69,000
13 Jul 2022 by Chiquita Watkins, of Keller Williams Indy Metro NE

Happy sellers in Indianapolis

84%
84% 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 2 bedroom single-family properties in Indianapolis

In the last 12 months, 151 two-bedroom single-family properties similar to 737 North Sherman Drive, have been sold.

This represents a 22% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Indianapolis

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent