Skip to content

2174 N Drexel Avenue

Indianapolis, IN 46218

ActiveListed Jul 16, 2026 · 96 days on market

Key facts

Beds
3
Baths
1 full
Living area
932 sqft
Lot
0.14 acres
Year built
1910
Type
Residential · Single Family Residence
Stories
One
MLS #
22114692
County
Marion
Subdivision
No Subdivision

About this home

Great value-add investment opportunity in a convenient Indianapolis location! This ranch-style 3-bedroom, 1-bathroom single-family home features a functional layout with finished attic space providing additional storage options. Situated on a large corner lot, the property offers plenty of outdoor space with a covered porch and spacious front and backyard areas ideal for entertaining, recreation, gardening, or future improvements. The home is conveniently located just one mile from I-70, providing easy access to Downtown Indianapolis and surrounding areas. The property is currently leased to a tenant at a below-market rental rate, offering immediate income with the opportunity to increase rents to market levels. This property presents an excellent opportunity for investors seeking a value-add asset with strong upside potential.

Description provided by the listing brokerage.

Interior

Interior features
Attic Pull Down Stairs
Rooms
7
Main-level bedrooms
3

Exterior

Construction
Vinyl Siding
Foundation
Poured Concrete
Style
Traditional

Systems

Heating
Natural Gas
Cooling
Window Unit(s)
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$1,374 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$594per month, estimated
Principal and interest $449Property tax $115Insurance $31
20% · $17,800
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$89,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.