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$185,000 -

1137 Gulf Drive Indianapolis IN 46217

3
Bedrooms
2
Baths
N/A
SQ. Feet
(Above Ground)
0.23
Acres

137 Gulf Dr in Indianapolis-an excellent opportunity for buyers seeking value, space, and standout features not often found in the neighborhood. This home was remodeled in 2020 and includes major system updates that matter most: new roof, gutters, HVAC, water heater, and appliances-all updated in 2020. In addition, the sewer line was replaced within the last five years-a significant upgrade that many homes in the area have not completed, offering added peace of mind for the next owner. The home offers a solid foundation for someone ready to add fresh cosmetic touches and make it their own, with pricing thoughtfully reflecting the opportunity for light updates and personalization. Unlike many nearby homes, this property features two full bathrooms (versus the more common 1.5 baths), a bright sunroom that adds flexible living space, and overhead lighting with ceiling fans throughout. The fully fenced chain-link backyard provides functional outdoor space and includes a peaceful pond view (view only, no access), creating a unique backdrop not found in surrounding properties. The home is being sold as-is, with cosmetic updates needed, which has been factored into the attractive price point. If you're looking for a value-driven opportunity with major mechanicals already handled-and the chance to add your own style-this home delivers features and peace of mind that many nearby options simply don't.

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Property Details

Price: $185,000 Previously: $185,000 Originally: $185,000 Bedrooms: 3 Bathrooms: 2.00 MLS #: 22085920 Year Built: 1986 Township: Perry Sq. Ft Total: 1,320 Type: Residential Zip Code: 46217 City: Indianapolis Subdivision: Depot County: Marion School District: Perry Township Schools High School: Perry Meridian High School Middle School: Perry Meridian Middle School Elementary School: Glenns Valley Elementary School

Interior Features

Interior Features:
  • Appliances: Dishwasher, ENERGY STAR Qualified Water Heater, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator, Microwave
  • Cooling: Central Air
  • Heating: Forced Air, Electric

Exterior Features

Exterior Features:
  • Setting / Lot Description: Mature Trees
  • Porch: Deck
  • # Acres: 0.23

Listing Office: Berkshire Hathaway Home

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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 March 5th, 2026 at 2:13am EST.

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