Indianapolis Real Estate Index

Contact Red Door Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 317-RED-DOOR / 317-733-3667 or fill out the form to let us know how we can help with your real estate needs.

Phone: (317) 733-3667
Fax: (317) 663-0840

Refine your search...
Use the form below to narrow down your results
Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Back to Results
$155,000 -

737 N Sherman Drive Indianapolis IN 46201

2
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

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 featuring a tenant-occupied property under contract-ideal for building long-term rental income.

Follow ►
  • Subscribe to Our Blog RSS
Read More...

Property Details

Price: $155,000 Previously: $155,000 Originally: $155,000 Bedrooms: 2 Bathrooms: 1.00 MLS #: 22082302 Year Built: 1925 Township: Center Sq. Ft Total: 1,345 Type: Residential Zip Code: 46201 City: Indianapolis Subdivision: No Subdivision County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Electric Cooktop, Electric Water Heater, Refrigerator
  • Cooling: Central Air
  • Heating: Electric, Forced Air

Exterior Features

Exterior Features:
  • # Acres: 0.12

Listing Office: Amr Real Estate Llc

Similar Properties To: 737 N Sherman Drive, Indianapolis

$155,000
3 br, 1½ ba, 1,616 ft²
No Subdivision
MLS® #:
22018796
Provider:
Bennett Realty
7903 Roseway Court, Indianapolis
$120,000
2 br, 1 ba, 1,584 ft²
No Subdivision
MLS® #:
22076796
Provider:
1 Percent Lists - Hoosier State Realty Llc
734 N Arnolda Avenue, Indianapolis
$127,000
3 br, 1½ ba, 1,344 ft²
No Subdivision
MLS® #:
22023660
Provider:
F.c. Tucker Company
945 N Ewing Street, Indianapolis
$185,000
3 br, 1 ba, 1,672 ft²
No Subdivision
MLS® #:
21981796
Provider:
Amr Real Estate Llc
531 N Alton Avenue, Indianapolis
$165,000
2 br, 1 ba, 2,098 ft²
No Subdivision
MLS® #:
22069192
Provider:
@properties
4342 N Olney Street, Indianapolis
$120,000
2 br, 1 ba, 1,440 ft²
No Subdivision
MLS® #:
22079087
Provider:
New Quantum Realty Group
1618 N Linwood Avenue, Indianapolis
$180,000
3 br, 2½ ba, 1,750 ft²
No Subdivision
MLS® #:
22008543
Provider:
Hsi Commercial & Residential Group, Inc
1208 W 18th Street, Indianapolis
$185,000
2 br, 1 ba, 1,228 ft²
No Subdivision
MLS® #:
22069817
Provider:
Amr Real Estate Llc
1324 N Gladstone Avenue, Indianapolis

View all similar properties here

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on February 9th, 2026 at 3:28pm EST.

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends
Interested In This Property?