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41 N Drexel Avenue Indianapolis IN 46201
- 3
- Bedrooms
- 1
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.12
- Acres
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.
Property Details
Interior Features
- Appliances: Dryer, Gas Water Heater, Electric Oven, Refrigerator, Washer, Water Heater, Range Hood
- Cooling: Central Air
- Heating: Forced Air, Natural Gas
Exterior Features
- Features: Storage Shed
- Setting / Lot Description: Sidewalks, Street Lights
- Porch: Covered
- # Acres: 0.12
Listing Office: Myl Realty, Llc
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Listing information last updated on October 26th, 2025 at 3:10am EDT.
